Schneider Electric, the leader in the digital transformation of energy management and automation, today announced the latest results of its Schneider Sustainability Impact (SSI) program and its financial results for the third quarter of 2024.
In a first in the US, a company has entered into a syndicated sustainability-linked revolving loan. CMS Energy and its subsidiary, Consumers Energy, have entered into $1.4 billion revolving credit facilities from Barclays, the sole Sustainability Structuring Agent on the loan. This means that CMS can reduce its interest rate on the new credit by meeting targets related to environmental responsibility, CMS says. Sustainability-linked loans are products that allow issuers to demonstrate their commitment to sustainability, according to Barclays.
In markets around the world, BNY Mellon is working to support clients in ways that have a positive impact on the environment and society, including by facilitating the issuance of green bonds. These securities are an innovative tool for driving capital to sustainable investment; in 2017, global green bond issuance totaled a record $155.5 billion, and volume could reach $250 billion to $300 billion in 2018, according to research from the Climate Bonds Initiative.
As part of Mohawk Group’s ongoing commitment to leave more handprints than footprints, the leader in commercial flooring joined Groundswell, Elevate Energy and other partners in south Chicago today for the unveiling of a new smartflower™ solar system.
Property developer Canary Wharf has been a sustainability reporter since 1987. We spoke to Martin Gettings, Group Head of Sustainability at Canary Wharf, who told GRI that they use sustainability reporting to prioritize and focus on both reporting and action, and to "inspire our people, peers and partners to come together to make sustainability real."
Consumers Energy today announced it is seizing a once-in-a-generation opportunity to reshape Michigan’s energy future with a plan that embodies its Triple Bottom Line commitment to people, the planet and prosperity.
Not so long ago, the major tech companies were held up as ideal models of innovation and progress. Now, a reality check seems to be setting in as they face increased consumer and regulatory scrutiny. Facebook continues to be under fire for lack of transparency in how it shares customer data. Amazon is taking hits for “unethical and illegal” workplace conditions in the Chinese factories that produce its Echo and Kindle devices. It’s gotten to the point where Hollywood is turning out features in which Silicon Valley figures are portrayed as supervillains.
At the heart of innovation is action, and when it comes to energy management and automation, innovation means embracing digital transformation to build a more sustainable future.
Introducing the GRI Sustainability Reporting Standards, the first global standards for sustainability reporting. This animation is a great way to learn more about the standards, which will replace the GRI G4 Guidelines on the 1st July 2018.
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