ESG Middle East
The Coca-Cola Company announced three goals accelerating its action on water during the UN 2023 Water Conference. Chairman and CEO James Quincey participated in events during the week to share how...
BHP has signed an agreement for piloting of carbon capture and utilisation technology with China’s HBIS Group Co., Ltd (HBIS), one of the world’s largest steelmakers and a major iron...
The World Bank’s Board approved a new US$100 million equivalent loan for the Armenia Green, Resilient and Inclusive Development Policy Operation (DPO). The operation supports the 2021-26 Program of the Government of...
More than €1.1 billion in finance to be mobilized in sustainable projects, supported by €150 million in InvestEU guarantees The InvestEU Investment Committee has approved guarantees worth up to around €150 million...
March 2023 Week-4; ICAP reports $63 billion raised from carbon allowance sales in 2022; President Biden uses first veto to defend rule on ESG investing; EdgeConneX executes $3.3 billion in sustainability-linked...
A.P. Moller-Maersk (Maersk) announced that the company has signed a MOU with Shanghai International Port Group (SIPG) on strategic cooperation for Shanghai Port methanol marine fuel project. The two parties...
Eni is launching an innovative program in cooperation with some banks to offer companies in its supply chain the opportunity to optimize the management of their liquidity by incentivizing the...
Chipotle Mexican Grill announced its 2023 Environmental, Social and Governance (ESG) goals tied to executive compensation: The achievement of these goals, which are categorized by Food & Animals, People, and...
The World Bank approved $82 million to support the Climate-Resilient and Inclusive Livelihoods Project (ProClimat Congo) in the Republic of Congo. The total amount includes a $70 million loan from...
The European Investment Bank (EIB) has agreed to lend €450 million to Redes Energéticas Nacionais SGPS, S.A. (REN) to finance renewable energy connections and the reinforcement and upgrading of the...
The historic transactions leverage EdgeConneX Green Financing Framework, enabling the development of critical digital infrastructure to support customers’ global requirements The significant scale of the combined deals earned EdgeConneX the...
The Change Lessens Environmental Impact of Corporate Field Team Members Who Travel More Than 1,500 Miles On Average Each Month Burger King transitioned 31% of its North American field team fleet...
EIB Global, the arm of the European Investment Bank (EIB) for activities outside the European Union, has signed a €70 million EU investment grant with the government of the Republic of North...
The World Bank Group Board of Executive Directors yesterday approved a new Country Partnership Framework (CPF) for Egypt, laying out the World Bank Group’s strategy in the country for FY2023–2027. The...
PowerCo, the new battery company of the Volkswagen Group, and Belgian circular technology group Umicore have obtained full regulatory approvals for their joint venture announced in September 2022. The partners...
GE Gas Power, part of GE Vernova and Svante announced a joint development agreement (JDA) to develop and evaluate solid sorbent-based carbon capture technology for natural gas power generation applications....
EU Parliament and Council reached a deal on cleaner maritime fuels, asking to cut ship emissions by 2% as of 2025 and by 80% as of 2050, to help the...
Bipartisan Infrastructure Law Funding Will Support Energy and Water Conservation Measures to Reduce Emissions From Government Facilities The Biden-Harris Administration, through the U.S. Department of Energy (DOE), announced $250 million...
BHP and global engineering, project management and professional services firm, Hatch, have signed an agreement to design an electric smelting furnace pilot (ESF) plant in support of a decision to...
The European Central Bank (ECB) has published its first climate-related financial disclosures, which provide information on its portfolios’ carbon footprint and exposure to climate risks, as well as on climate-related...
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