ING’s climate targets validated by the Science Based Targets initiative (SBTi)

ING have announced that the Science Based Targets initiative (SBTi) has validated their climate targets to reduce greenhouse gas emissions in their own operations and in their client portfolio. In their client portfolio, the SBTi validated the fossil fuel, power generation, cement, steel, automotive, aviation, and commercial real estate sector targets. The article from their website is below: The SBTi has concluded that the emission reduction targets – which we use to steer our climate goals – are in line with the latest science and the goal of limiting global…

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L&G’s total commitment to nature conservation and sustainable development in emerging markets hits over $1bn with launch of Nature and Social Outcomes strategy

L&G announces that it has committed a further $235m (£183m) to nature conservation and sustainable development in emerging markets (‘EMs’) through the launch of its Nature and Social Outcomes strategy (‘the strategy’). This initial investment has been made through L&G’s Future World Multi-Asset Fund and Retirement Income Multi-Asset Fund – both held within L&G’s main default Target Date and Lifetime Advantage Fund ranges, available to its 5.5 million UK Defined Contribution (‘DC’) members – and will aim to grow in line with normal capital inflows from these funds. The $235m…

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Cadent reaches 350 Centres for Warmth in poignant milestone

Cadent, the UK’s largest gas distribution network, has announced the opening of its 350th Centre for Warmth, a nationwide programme set up to support those living in the most vulnerable situations impacted by the cost-of-living crisis. Evolve Nottingham CIC is the latest Centre for Warmth to join the programme, which was launched in 2021 to support low-income households with practical and hands-on advice. Each centre works with Cadent to ensure visitors receive the help they need regarding energy efficiency, including debt and benefits entitlement advice. Investment in the initiative has…

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One Water unveils bold new rebrand to appeal to a growing ethically conscious audience

One Water, the ethical water brand, today unveils its refreshed branding. The rebrand represents a bold, colorful, and warm new look that builds upon the company’s original aesthetic while clarifying its mission to make ethical hydration the easy choice for consumers. The new visual identity of One Water harks back to their original logo, featuring two inverted water droplets forming the shape of a heart, symbolising the good being done with every purchase of One Water. The rebrand will be accompanied by a marketing and social media campaign – Do One…

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Standard Chartered publishes Transition Plan

Standard Chartered has published its Transition Plan, setting out in detail how the bank will continue to integrate climate considerations into decision-making across its business and operations, to deliver against its net zero agenda, while supporting sustainable growth. The Transition Plan articulates how Standard Chartered aims to reach net zero across the bank’s financing activity by 2050 (Scope 3), and across the bank’s own operations by 2025 (Scope 1 and Scope 2). Considering New-to-Bank (NTB) and Existing-to-Bank (ETB) clients, it outlines a transparent, actionable framework to deliver on these commitments…

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