IMF completes review of Rwanda sustainability loan, enabling $98.6 million disbursement
WASHINGTON (Reuters) – The International Monetary Fund said on Wednesday its executive board completed the first reviews of Rwanda’s loan program under the Resilience and Sustainability Facility and an accompanying policy program,…
IDB Invest, Banco de Bogota announce $230 million sustainability bond
(Reuters) – The private investment arm of the Inter-American Development Bank’s parent group on Friday announced alongside Colombia’s Banco de Bogota the issue of a sustainability bond worth $230 million funding social…
EU seeks better alignment with global sustainability rules
By Huw Jones LONDON (Reuters) – The European Union sought on Thursday to reassure international companies it would seek to align its sustainability disclosure rules with a global initiative, after warnings from…
Lunchbox Launches Food Tech Zine To Increase Understanding of Restaurant Sustainability
New York, NY (-) Lunchbox, the modern ordering system for restaurants to grow their online revenue, today announced the launch of Lunchbox Zine, a new print publication that’s addressing the latest issues…
UK tax cuts raise stakes for debt sustainability, Scope credit rating agency warns
LONDON (Reuters) – Britain’s new tax cut and spending plans will push up its debt levels and raise the stakes in terms of the sustainability of the country’s public finances, credit rating…
Exclusive – Unilever exec: investor Peltz supportive of sustainability drive
By Richa Naidu LONDON (Reuters) – Activist investor Nelson Peltz is “supportive” of a plan by consumer goods maker Unilever to de-carbonize all five of its newly established business units, in an…
Deutsche Bank names Eigendorf new chief sustainability officer
FRANKFURT – Deutsche Bank said on Wednesday that it appointed Joerg Eigendorf to the role of chief sustainability officer, as the bank markets itself as a lender that firms can turn to…
KKR’s Seeger to join global sustainability standards body
By Greg Roumeliotis and Simon Jessop NEW YORK/LONDON – Private equity investor KKR said on Thursday that sustainable investing executive Elizabeth Seeger is leaving to join global standard-setter the International Sustainability Standards…
Costa Rica asks IMF for $700 million from new sustainability trust
By Alvaro Murillo SAN JOSE – Costa Rica has told the International Monetary Fund (IMF) it is interested in obtaining a nearly $700 million loan to invest in infrastructure from a newly…
Number of company sustainability officers triples in 2021 – study
By Federica Urso (Reuters) – The number of companies appointing chief sustainability officers (CSO) jumped threefold in 2021 year-on-year, a study by consultants PwC showed on Wednesday, although less than a third…
TPG raises $7.3 billion for climate fund in sustainability push
(Reuters) – TPG Inc said on Wednesday it had raised $7.3 billion for its climate fund, as the private equity giant expands its investments in the clean energy space. The fund, called…
Tesla’s lush profit margin raises sustainability doubts in Wall Street
By Akash Sriram (Reuters) – Tesla Inc’s eye-popping profit margin has raised doubts among Wall Street analysts if the company would be able to keep at it amid rising commodity costs and…
Tanger Outlets Commemorates Earth Day with Increased Commitment to Sustainability: Expansion of Tanger Honeybee Hives, Tree Planting Programs and Electric Vehicle Charging Upgrades
“As a values-driven brand, we recognize that it is our responsibility to contribute to a greener, more sustainable environment,” said Tanger Outlets Chief Operating Officer Leslie Swanson. “While we elevate Tanger’s pledge…
Brother Expands Sustainability Efforts with a New Partnership with Clean Ocean Action
Brother announced a new partnership, CSR activities, and Environmental Action to fight climate change. Tweet this In addition, on Earth Day, Brother employees will be making their annual ‘Brother Earth Promise,’ an…
PSEG Foundation Supports More Than 200 Nonprofit Organizations Tackling Environmental Sustainability, Social Justice, Equity and Economic Empowerment
NEWARK, N.J., April 7, 2022 — The PSEG Foundation is pleased to announce its new strategic pillars of environmental sustainability, social justice, and equity and economic empowerment. The PSEG Foundation funds grants…
New company sustainability standards body drafts first guidelines
By Huw Jones LONDON – A new global standard setter for company sustainability reporting set out its first draft guidelines on Thursday, entering a crowded field as trillions of dollars pour into…
New sustainability body expects voluntary adoption of norms at first
By Huw Jones LONDON – Companies in the United States and elsewhere will voluntarily use new global climate-related disclosures even if making them a mandatory requirement takes longer, the chair of a…
Standard Ethics cuts Russia sustainability rating to lowest rung
LONDON – Sustainability ratings agency Standard Ethics said on Thursday it had downgraded the rating of the Russian Federation after it invaded Ukraine. Standard Ethics, which grades companies and governments on their…
AP: Fashion Sustainability 1: Current Situation
The first of a five-part series looking at sustainability in the fashion industry, one of the world’s largest polluters (Dec. 18) Subscribe for more Breaking News: http://smarturl.it/AssociatedPress Website: https://apnews.com Twitter: https://twitter.com/AP Facebook:…
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