Environmentalism

Preem plant increases production of renewable diesel by 40 percent

Thursday, January 21, 2021 - 2:45pm

STOCKHOLM, Jan. 21, 2021 /PRNewswire/ -- Following a redevelopment of Preem's Green Hydro Treater (GHT) plant in Gothenburg, the plant's production capacity of renewable diesel is increased by 40 percent.

Key Points: 
  • STOCKHOLM, Jan. 21, 2021 /PRNewswire/ -- Following a redevelopment of Preem's Green Hydro Treater (GHT) plant in Gothenburg, the plant's production capacity of renewable diesel is increased by 40 percent.
  • And for the first time, the GHT plant is able to produce 100 percent renewable products.
  • "The redevelopment means that Preem has increased its domestic production of biofuels and, at the same time, we contribute to the ongoing shift from fossil fuels to renewable," says Magnus Heimburg, CEO of Preem.
  • "By increasing the production of renewable fuels, Preem contributes to achieving Sweden's climate goals.

CETY to Webcast Live at VirtualInvestorConferences.com February 4th

Thursday, January 21, 2021 - 2:15pm

This will be a live, interactive online event where investors are invited to ask the company questions in real-time.

Key Points: 
  • This will be a live, interactive online event where investors are invited to ask the company questions in real-time.
  • CETY and ENEX enter into a manufacturing and sales agreement to design, build, and operate renewable energy and waste recovery facilities.
  • If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
  • Headquartered in Costa Mesa, California, Clean Energy Technologies (CETY) delivers power from heat and biomass with zero emission and low cost.

Vinyl Council of Australia and U.S. Vinyl Sustainability Council to Explore Sustainability Program Reciprocity

Thursday, January 21, 2021 - 2:00pm

WASHINGTON, Jan. 21, 2021 /PRNewswire-PRWeb/ --The Vinyl Council of Australia (VCA) and the United States Vinyl Sustainability Council (VSC), today announced the signing of a memorandum of understanding (MOU) to explore a pathway to reciprocity between the two sustainability programs by sharing best practices and collaborating on sustainability program development.

Key Points: 
  • WASHINGTON, Jan. 21, 2021 /PRNewswire-PRWeb/ --The Vinyl Council of Australia (VCA) and the United States Vinyl Sustainability Council (VSC), today announced the signing of a memorandum of understanding (MOU) to explore a pathway to reciprocity between the two sustainability programs by sharing best practices and collaborating on sustainability program development.
  • Collaboration between the VCA's PVC Stewardship Program and VSC's +Vantage Vinyl program seeks to promote global harmonization, broaden recognition of industry leaders, and increase industry participation in these sustainability programs.
  • "While circumstances vary regionally, sustainability is a global issue and vinyl products participate in a global market," said Sophi MacMillan, VCA Chief Executive.
  • To learn more about the PVC Stewardship Program visit https://www.vinyl.org.au/sustainability/stewardship and https://vantagevinyl.com for more information about +Vantage Vinyl.

Global Bio-Isobutene Market Report 2020-2025: Opportunities in the Target Bio-Based Cosmetic Industry, European Market, Collaboration with Transportation, & Need to Scale Up Post COVID-19

Wednesday, January 20, 2021 - 1:00pm

The global bio-isobutene market was at a pre-commercial stage in 2019 and accounted for $4.1 million.

Key Points: 
  • The global bio-isobutene market was at a pre-commercial stage in 2019 and accounted for $4.1 million.
  • Specialty fuel and polymer grade bio-isobutene have promising and emerging markets with high margins, predominantly in Europe and North America.
  • Bio-isobutene is expected to bring reliability as well as environmental and socio-economic sustainability in the global chemical value chain.
  • The increased consumption of bio-based fuels, primarily in the transportation industry (aerospace and defense), is predicted to propel the market.

Investor’s Business Daily Names Comfort Systems USA as a Top ESG Company

Tuesday, January 19, 2021 - 9:07pm

Comfort Systems USA, Inc. (NYSE: FIX) today announced that it has been included on Investors Business Dailys (IBD) 2020 Top 50 Best Environmental, Social and Corporate Governance (ESG) Companies List.

Key Points: 
  • Comfort Systems USA, Inc. (NYSE: FIX) today announced that it has been included on Investors Business Dailys (IBD) 2020 Top 50 Best Environmental, Social and Corporate Governance (ESG) Companies List.
  • Comfort Systems USA was ranked number nine among the top 50 companies and is the highest ranked construction and building products company.
  • IBDs 2020 Top 50 Best ESG Companies List is limited to companies with ESG ratings of AAA or AA from MSCI ESG Research as of August 3, 2020.
  • Brian Lane, Comfort Systems USAs Chief Executive Officer, commented, We are very pleased to announce our inclusion in Investors Business Dailys 2020 Top 50 Best ESG Companies List.

Green, Social and Sustainability Bonds Market 2021 Outlook: The New Sustainable Borders

Tuesday, January 19, 2021 - 7:17pm

On the product side, the diversification is expected to continue with Sustainability-linked bonds and Sustainability bonds which could account for around 20% of the sustainable supply.

Key Points: 
  • On the product side, the diversification is expected to continue with Sustainability-linked bonds and Sustainability bonds which could account for around 20% of the sustainable supply.
  • Sustainability-linked bonds and Transition bonds can bring new issuers and sectors on board.
  • According to Tanguy Claquin, Global Head of Sustainable Banking: The development of sustainability-linked instruments, the emergence of social bonds alongside green bonds and the upcoming EU Taxonomy regulation are strong trends and excellent news in sustainable financial markets.
  • With 6.5% market share at the end of 2020 (Bloomberg), Crdit Agricole CIB is one of the leaders of the Green, Social and Sustainability bonds market.

Canada Supports Innovative Solutions to Single-use Coffee Pods

Tuesday, January 19, 2021 - 3:13pm

Natural Resources Canada collaborated with Agriculture and Agri-Food Canada to develop this challenge as part of the Domestic Plastics Challenge under the federal government's Innovative Solutions Canada (ISC).

Key Points: 
  • Natural Resources Canada collaborated with Agriculture and Agri-Food Canada to develop this challenge as part of the Domestic Plastics Challenge under the federal government's Innovative Solutions Canada (ISC).
  • ISC is a $100-million program dedicated to supporting entrepreneurs and small businesses in developing innovative and sustainable solutions to complex environmental challenges.
  • "We are grateful to the Government of Canada for this award, which reflects its commitment to nurturing innovative, Canadian-made solutions to some of the world's most challenging problems.
  • We look forward to bringing them to market with the support of Innovative Solutions Canada."

Kadant Recognized for Excellence in Sustainability with the 2020 AIM Sustainability Award

Tuesday, January 19, 2021 - 1:40pm

The annual award distinguishes organizations that transparently manage their corporate social responsibilities while being held accountable to its stakeholders.

Key Points: 
  • The annual award distinguishes organizations that transparently manage their corporate social responsibilities while being held accountable to its stakeholders.
  • We are pleased to be recognized for our corporate sustainability efforts, said Jeffrey L. Powell, president and chief executive officer of Kadant.
  • The 2020 Sustainability Award winners were selected by a committee that included members of the AIM Sustainability Roundtable, along with external experts in the field.
  • AIM initiated the Sustainability Roundtable in 2011 to provide employers the opportunity to exchange sustainability best practices and has attracted hundreds of participants.

Metalloinvest improves its EcoVadis ESG-rating score and cuts interest rate on ING green financing

Tuesday, January 19, 2021 - 1:13pm

Following the annual review, Metalloinvest confirmed its compliance with the 'Silver' rating.

Key Points: 
  • Following the annual review, Metalloinvest confirmed its compliance with the 'Silver' rating.
  • Nazim Efendiev, CEO of Management Company Metalloinvest, commented: "Sustainable development is an integral part of our long-term development strategy.
  • The Company's new ESG rating assigned by EcoVadis at 65 points, reflects our significant progress in this area and allows us to reduce the interest rate on the green financing line opened with ING Bank."
  • In 2019, Metalloinvest became the first private company in Russia to open a green finance credit line, the interest rate of which was tied to the EcoVadis ESG-rating.

Worldwide Green Technology & Sustainability Industry to 2025 - Reduction in Recycling due to COVID-19

Tuesday, January 19, 2021 - 12:00pm

The Global Green Technology & Sustainability Market is projected to grow from USD 11.2 billion in 2020 to USD 36.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 26.6% during the forecast period.

Key Points: 
  • The Global Green Technology & Sustainability Market is projected to grow from USD 11.2 billion in 2020 to USD 36.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 26.6% during the forecast period.
  • The overall services segment has a major influence on the green technology and sustainability market.
  • The green technology and sustainability market by technology has been segmented into IoT, AI and analytics, digital twin, cloud computing, security, and blockchain.
  • The green technology and sustainability market has been segmented into five regions: North America, Europe, APAC, MEA, and Latin America.