Sustainability

Bloom Energy Announces Inaugural Sustainability Report

Thursday, April 15, 2021 - 9:05pm

b'Sustainability is a priority for Bloom Energy; with the issuance of this report, it memorializes the company\xe2\x80\x99s past efforts while charting its commitment to a sustainable future.

Key Points: 
  • b'Sustainability is a priority for Bloom Energy; with the issuance of this report, it memorializes the company\xe2\x80\x99s past efforts while charting its commitment to a sustainable future.
  • The report is aligned with both the Sustainability Accounting Standards Board (SASB) and Taskforce on Climate-Related Financial Disclosure (TCFD) reporting frameworks.
  • Our mission at Bloom is to make clean, reliable, energy affordable for everyone in the world.
  • 2020 certainly pushed us one step closer to that goal.\xe2\x80\x9d\nFor more information and to read the full report, please visit Bloom Energy\xe2\x80\x99s sustainability website at: bloomenergy.com/sustainability .\nBloom Energy\xe2\x80\x99s mission is to make clean, reliable energy affordable for everyone in the world.

Techstars Launches Next Sustainability Challenge to Progress Net Zero Goals

Thursday, April 15, 2021 - 9:00pm

b'Techstars, the worldwide network that helps entrepreneurs succeed, is now accepting entries for the Techstars Sustainability Challenge: Net Zero .

Key Points: 
  • b'Techstars, the worldwide network that helps entrepreneurs succeed, is now accepting entries for the Techstars Sustainability Challenge: Net Zero .
  • Judges will select up to ten winners to showcase their solutions at the second Techstars Sustainability Summit in September.
  • The Net Zero Challenge is the second equity-free challenge Techstars will hold in 2021.
  • At least one\xe2\x80\x94and potentially more\xe2\x80\x94of the winning proposals will have an opportunity to run a pilot with one of the Challenge Partners.\nFollow this Link to enter the Techstars Sustainability Challenge: Net Zero\nThe Techstars worldwide network helps entrepreneurs succeed.

Lamb Weston Introduces Packaging Made From Sustainable Biomaterial

Thursday, April 15, 2021 - 9:35pm

b'Driving toward a goal of using more sustainable materials in packaging, two Lamb Weston Alexia brand products will use corn and potato starch in their packaging beginning this month.\nThis press release features multimedia.

Key Points: 
  • b'Driving toward a goal of using more sustainable materials in packaging, two Lamb Weston Alexia brand products will use corn and potato starch in their packaging beginning this month.\nThis press release features multimedia.
  • Lamb Weston\xe2\x80\x99s packaging team spent two years collaborating to create a durable, sustainable packaging alternative and continue working to expand their sustainable packing efforts.\n\xe2\x80\x9cSustainability is a pillar of our packaging innovation strategy.
  • 6.5 reduction in net CO2 emissions\n\xe2\x80\x9cLamb Weston\xe2\x80\x99s Packaging Team has set clear and meaningful sustainable packaging aspirations.
  • From the fields where Lamb Weston potatoes are grown to proactive customer partnerships, Lamb Weston always strives for more and never settles.

General Mills Becomes First U.S. Consumer Packaged Goods Company to Enter Into a Sustainability-Linked Revolving Credit Facility

Thursday, April 15, 2021 - 2:35pm

General Mills is the first U.S. consumer packaged goods company to put in place a sustainability-linked revolving credit facility.\nBy entering into the revolving credit facility, General Mills receives a pricing adjustment based on its performance against environmental criteria during the credit facility\xe2\x80\x99s term.

Key Points: 
  • General Mills is the first U.S. consumer packaged goods company to put in place a sustainability-linked revolving credit facility.\nBy entering into the revolving credit facility, General Mills receives a pricing adjustment based on its performance against environmental criteria during the credit facility\xe2\x80\x99s term.
  • General Mills will be measured on progress in two key areas: reducing greenhouse gas emissions in owned operations and using renewable electricity for global operations.
  • Sustainability performance will be measured and communicated in General Mills\xe2\x80\x99 annual Global Responsibility Report.\n\xe2\x80\x9cFor General Mills, regenerating the earth\xe2\x80\x99s natural resources is both a business and environmental imperative,\xe2\x80\x9d said Kofi Bruce, chief financial officer, General Mills.
  • Headquartered in Minneapolis, Minnesota, USA, General Mills generated fiscal 2020 net sales of U.S. $17.6 billion.

JPMorgan Chase Targets More Than $2.5 Trillion over 10 Years to Advance Climate Action and Sustainable Development

Thursday, April 15, 2021 - 11:04am

\xe2\x80\x9cBusiness, government and policy leaders must work together to support long-term solutions that advance economic inclusion, bolster sustainable development and further the transition to a low-carbon economy.

Key Points: 
  • \xe2\x80\x9cBusiness, government and policy leaders must work together to support long-term solutions that advance economic inclusion, bolster sustainable development and further the transition to a low-carbon economy.
  • As part of its efforts, JPMorgan Chase Commercial Banking also recently launched a Green Economy specialized industry team.
  • By originating and structuring transactions with anticipated development impact, the firm will mobilize capital to advance the United Nations Sustainable Development Goals (SDGs) in emerging economies.\nCommunity Development: JPMorgan Chase will advance economic inclusion in developed markets.
  • Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210415005487/en/\n'

EnTrust Global Announces the Launch of Purus Marine

Thursday, April 15, 2021 - 11:00am

b'EnTrust Global, a leading asset management firm, today announced the launch of Purus Marine, a maritime holding company that owns environmentally-advanced vessels and infrastructure equipment, contracted long-term to high-quality end users.

Key Points: 
  • b'EnTrust Global, a leading asset management firm, today announced the launch of Purus Marine, a maritime holding company that owns environmentally-advanced vessels and infrastructure equipment, contracted long-term to high-quality end users.
  • Our mission is to support the industry\xe2\x80\x99s transition to a zero-carbon and sustainable future,\xe2\x80\x9d said Gregg S. Hymowitz, CEO and Chairman of EnTrust Global and Chairman of the Board of Purus Marine.\nPurus Marine has formed its first partnership, called DP Lease, with Damen Shipyards Group of the Netherlands.
  • The Company serves a wide variety of maritime sectors, including the industrial shipping, short-sea, ferry, offshore wind and environmental remediation sectors.
  • Purus Marine is committed to supporting the maritime industry\xe2\x80\x99s transition to a zero-carbon and sustainable future by owning vessels and infrastructure equipment that reduce carbon emissions and ocean pollution.

Old Navy Announces Sustainability Commitments Alongside Initiative to Fund 51 Eco-Focused GoFundMe Fundraisers From Next Generation Changemakers

Thursday, April 15, 2021 - 1:03pm

In partnership with 11-year-old Next Gen leader Ryan Hickman of Ryan\xe2\x80\x99s Recycling Company, Old Navy will fund 51 GoFundMe fundraisers from young advocates leading environmental progress in their communities.\nThis press release features multimedia.

Key Points: 
  • In partnership with 11-year-old Next Gen leader Ryan Hickman of Ryan\xe2\x80\x99s Recycling Company, Old Navy will fund 51 GoFundMe fundraisers from young advocates leading environmental progress in their communities.\nThis press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20210415005195/en/\nAlongside its own sustainability efforts, Old Navy wants to encourage the next generation of innovative, eco-conscious activists to #imagineabetterfuture.
  • In his new role, Ryan will work with Old Navy to select youth-led GoFundMe fundraisers focused on sustainability.
  • In honor of the 51st Annual Earth Day, the brand will fund 51 fundraisers from now until the end of 2021.

Guidehouse, Mars, McCormick, and PepsiCo Join Forces to Mobilize Suppliers on Climate Change Action

Thursday, April 15, 2021 - 2:00pm

\xe2\x80\x9cThe Supplier LoCT collaborative is a true team effort across companies and sectors to reduce supply chain emissions.

Key Points: 
  • \xe2\x80\x9cThe Supplier LoCT collaborative is a true team effort across companies and sectors to reduce supply chain emissions.
  • In future years, it will also rely on its newly launched sustainability management platform, Guidehouse PapayaTM , to track progress.
  • We help clients address their toughest challenges and navigate significant regulatory pressures with a focus on transformational change, business resiliency, and technology-driven innovation.
  • Join us on Facebook , Twitter , LinkedIn , Instagram and YouTube .\nMcCormick & Company, Incorporated is a global leader in flavor.

Mori Raises $16 Million in Series B Funding to Improve Global Food Supply

Thursday, April 15, 2021 - 1:00pm

b'Mori , a food technology company focused on reducing waste and creating more sustainable supply chains, today announced $16 million in Series B financing, led by the Drawdown Fund .

Key Points: 
  • b'Mori , a food technology company focused on reducing waste and creating more sustainable supply chains, today announced $16 million in Series B financing, led by the Drawdown Fund .
  • This adds flexibility in the supply chain, improves food access, and enables a reduction in both food and packaging waste.\n\xe2\x80\x9cMori is explicitly focused on addressing major problems in the food supply chain,\xe2\x80\x9d said Laura Witt, General Partner of the Drawdown Fund.
  • \xe2\x80\x9cTogether with our partners, our team has ambitious goals that will impact our global food system for the better.
  • Mori intends to use the additional funding to accelerate commercialization into numerous categories and geographies, while expanding its product development pipeline.

Empire State Realty Trust Earns 2021 ENERGY STAR® Partner of the Year Award for Leadership in Forward-Thinking Energy Efficiency Initiatives

Tuesday, April 13, 2021 - 7:30pm

b"Empire State Realty Trust (NYSE: ESRT) today announced it has been awarded the 2021 ENERGY STAR Partner of the Year Award by the U.S. Environmental Protection Agency and the U.S. Department of Energy.

Key Points: 
  • b"Empire State Realty Trust (NYSE: ESRT) today announced it has been awarded the 2021 ENERGY STAR Partner of the Year Award by the U.S. Environmental Protection Agency and the U.S. Department of Energy.
  • The REIT received a GRESB 5 Star Rating and Green Star recognition for sustainability performance in real estate, and is a Fitwel Champion for healthy, high-performance buildings.
  • Since 1992, ENERGY STAR and its partners helped American families and businesses avoid more than $450 billion in energy costs and achieve 4 billion metric tons of greenhouse gas reductions.
  • More background information about ENERGY STAR can be found at: https://www.energystar.gov/about and https://www.energystar.gov/about/origins_mission/energy_star_numbers\n"