Category: CSR/ECO/ESG

The BNP Paribas Foundation has launched the 6th edition of its Climate & Biodiversity Initiative, committing €7 million to fund scientific research on ocean and coastal ecosystems. This new initiative aims to tackle pressing environmental challenges such as ocean acidification, coastal erosion, and overfishing—issues that threaten marine life and biodiversity worldwide. Focus on Ocean Preservation: […]

In a bold move to foster the transition to zero-emission mobility, the European Union is committing €422 million to enhance alternative fuel infrastructure across Europe. The funding will support 39 key projects designed to expand and modernize infrastructure along the trans-European transport network (TEN-T), a crucial step in achieving the EU’s sustainability goals. The initiative, […]

TA’ZIZ has taken a significant step toward strengthening the UAE’s industrial and economic diversification by awarding a $1.7 billion EPC contract to SAMSUNG E&A for the development of the country’s first world-scale methanol production plant. Located in Al Ruwais Industrial City, Abu Dhabi, the plant will be a pioneering facility powered by clean energy from […]

In a landmark achievement, BBVA has surpassed its €300 billion sustainable business target a full year ahead of its 2025 deadline. The bank channeled an impressive €99 billion into sustainable initiatives in 2024, bringing its total sustainable investments from 2018 to 2024 to €304 billion. This early success underscores BBVA’s growing role in the global […]

Repsol is set to invest more than €800 million into a groundbreaking project in Tarragona, Catalonia, where the company will develop Europe’s first facility dedicated to converting urban waste into renewable methanol. This ambitious initiative marks a significant step in the decarbonization of the transport sector and the promotion of a circular economy. The Tarragona […]

Britain has formalized its commitment to cutting greenhouse gas emissions by 81% by 2035 in a submission to the United Nations Framework Convention on Climate Change (UNFCCC). The submission, announced by Climate Minister Ed Miliband, reaffirms the target previously pledged by Prime Minister Keir Starmer at COP29, but it stops short of outlining specific policies […]

Despite shifting global political landscapes and growing skepticism around green finance, Moody’s Investors Service projects that the sustainable bond market will maintain steady growth in 2025, with green bonds alone expected to surpass $620 billion. This marks the fifth consecutive year of sustained green bond issuance at or above $1 trillion globally, signaling the resilience […]