Category: CSR/ECO/ESG

At the EU-South Africa Summit in Cape Town, European Commission President Ursula von der Leyen announced a €4.7 billion investment under the EU’s Global Gateway initiative. This ambitious deal focuses on accelerating South Africa’s clean energy transition, enhancing infrastructure, and improving the health sector. The bulk of the investment—€4.4 billion—will go toward clean energy projects […]

Terna, Italy’s national grid operator, is set to invest €23 billion over the next decade to modernize the country’s electricity infrastructure. This plan, which represents a 10% increase from previous projections, is central to Italy’s efforts to meet its decarbonization and energy security targets under both national and EU climate commitments. Unveiled as part of […]

In 2024, Allianz made significant strides in its sustainability efforts, boosting its green investments by €4.5 billion and achieving a 61.5% reduction in employee emissions. The company also set a new standard for transparency by publishing the insurance industry’s first fully CSRD-compliant Annual Report, a move that reinforces its commitment to accountability in environmental, social, […]

Minister for Education, Helen McEntee TD, has announced the launch of the second phase of the REPowerEU Energy Inventory Profile Survey, which will assess energy use across nearly 4,000 Irish schools. This initiative is part of Ireland’s broader climate action strategy aimed at achieving 2030 and 2050 climate targets, with a focus on decarbonizing the […]

AIB has raised €500 million through its seventh green bond issuance, reinforcing its commitment to sustainable finance and the transition to a low-carbon economy. The bond will directly fund key projects with environmental benefits, such as renewable energy, green buildings, and clean transportation, contributing to Ireland’s energy transition. With this latest issuance, AIB has now […]

The U.S. Environmental Protection Agency (EPA), led by Administrator Lee Zeldin, has canceled $20 billion in grants previously awarded under the Greenhouse Gas Reduction Fund (GGRF), a program created to advance clean energy and reduce emissions in disadvantaged communities. The termination affects grants for initiatives like the National Clean Investment Fund, which aimed to distribute […]

London, March 2025 – BP, the UK-based oil giant, is reportedly looking to divest 50% of its solar energy subsidiary, Lightsource bp, to a strategic partner. This move comes less than a year after BP took full ownership of the solar company in a $2.6 billion deal. The decision reflects BP’s growing uncertainty over its […]