Tag: environmental targets

John Lewis Partnership signs new credit facility linked to environmental targets

Stuart Mitchell

The John Lewis Partnership has signed a new £420m five-year revolving credit facility linked to environmental targets.  The facility is provided by seven banks who continue to offer important backing to the Partnership and its plans. The financing replaces existing facilities of £500m, which are due to expire at the end of 2022.  Under the terms of the new agreement, the interest rate we pay on the facility will vary depending on whether we achieve three environmental targets over five years related to reducing carbon emissions, reducing food waste and…

Read More

New Vodafone environmental targets: ‘We have an opportunity to reshape our future sustainably’

Stuart Mitchell

Vodafone recently announced that it will be running its European network on 100% renewable electricity by July 2021 – four years earlier than planned. The move, which will affect 11 markets across Europe, means that our power will come solely from wind, solar or hydro sources. The telecoms giant, which had originally pledged to have a ‘Green Gigabit Net’ by 2025, has also committed to helping its business customers reduce their carbon emissions by 350 million tonnes by 2030. Nick Read, Chief Executive Officer, Vodafone Group, said: “More than ever,…

Read More

Tate & Lyle announces ambitious new environmental targets

Stuart Mitchell

Tate & Lyle, have announced a set of ambitious new environmental targets and commitments. These targets are aligned to the delivery of Tate & Lyle’s purpose, Improving Lives for Generations, a key pillar of which is to care for our planet and protect its natural resources for the benefit of future generations. Tate & Lyle’s new environmental targets are, by 2030, to deliver: 30% absolute reduction in Scope 1 and 2 CO2e emissions, with an ambition to reach 20% reduction by 2025. 15% absolute reduction in Scope 3 CO2e emissions.…

Read More