Last week Starbucks expanded upon its previously stated goal to be a “resource-positive company,” with specific goals related to sourcing coffee beans, land use and production. What’s striking is how targeted the company’s greenhouse gas (GHG) reduction efforts are at the point of origin and the company’s willingness to share environmental best practices throughout the industry. In doing so, the company is targeting the largest sources of coffee greenhouse gases, which adds credibility. I...
NYK has released the NYK Group ESG Story, presenting detailed activities to advance the integration of Environmental, Social, and Corporate Governance (ESG) into the company’s management…
https://www.offshore-energy.biz/nyk-puts-esg-at-the-center-of-business-strategy/
A new wood-chip carrier for Japanese paper milling company Hokuetsu Corporation was delivered at Oshima Shipbuilding Co., Ltd. in Saikai city, Nagasaki, Japan, on 2 March 2021. The post NYK:…
https://www.offshore-energy.biz/nyk-eco-friendly-wood-chip-carrier-delivered-at-oshima/
Biden impact on ESG investing will go deeper than climate, Steady movers keep pace
Thursday 4 March 2021 – Vol.12 Ed.9.4
Commentary: Biden impact on ESG investing will go deeper than climate
By Elliot Hentov in London
President Joe Biden is keen to make climate change a major theme of his presidency, but for financial markets the impact goes well beyond climate. ESG investing is following a powerful structural trend, which was accelerated by the Covid-19 pandemic, and 2020 witnessed another boom...
This could be a turning-point year for maritime tech startups — particularly those with a green twist. For a reason why, look no further than the January IPO roadshow presentation of ocean carrier ZIM (NYSE: ZIM).
“We are the new ZIM — the digital ZIM!” proclaimed the company’s CEO, Eli Glickman. He likened his company’s transformational aspirations to Airbnb, Amazon and Uber. He peppered his pitch with copious references to artificial intelligence, big data, sustainability, digital...
https://s29755.pcdn.co/news/ship-tech-startups-amazing-valuations-huge-surge-in-interest
Η ετήσια ενημέρωση των στελεχών οικονομικών τμημάτων ναυτιλιακών εταιρειών πραγματοποιήθηκε κατά τη διάρκεια μιας διήμερης διαδικτυακής εκδήλωσης που διοργάνωσε πρόσφατα η PwC Ελλάδας, με τίτλο «The Annual PwC Update for Shipping Industry Finance Professionals».
Στην εκδήλωση συμμετείχαν περισσότερα από 100 στελέχη του κλάδου τα οποία ενημερώθηκαν για τις παγκόσμιες τάσεις και για σημαντικά θέματα που απασχολούν τις ναυτιλιακές εταιρείες και διαμορφώνουν το χρηματοοικονομικό τοπίο του...
Harmful ingredients at two different companies force recalls. Midwestern Pet Foods expanded its recall of pet foods after more than 70 dogs died while 80 were sickened after eating Midwestern Pet Foods’ dog food. The sickness was caused by extreme amounts of aflatoxin, according to the FDA.
Image: Midwestern Pet Foods
Aflatoxin is a mold byproduct that can grow on corn and other grains, and when it is concentrated at very high levels then it can be lethal to animals. The recall initially was for...
DHL Supply Chain has established a range of environmental, social and governance (ESG) programs that the company says it plans to continue building upon.
To find out more about DHL Supply Chain’s ESG initiatives as customers demand more sustainable practices, FreightWaves interviewed Mark Kunar, executive vice president, strategy, transportation and automotive, engineering and manufacturing, chemical and energy at DHL Supply Chain, and Emily Davis, director of sustainability and DHL’s GoGreen...
https://s29755.pcdn.co/news/sustainability-qa-with-dhl-supply-chain-experts
Semi-trailer manufacturer Wabash National (NYSE: WNC) hopped on the bandwagon and shared its first sustainability report Tuesday. A growing number of companies throughout supply chains are disclosing efforts and goals to operate more sustainably.
Wabash National’s sustainability report is based on 2019 operations and statistics. It focuses on environmental, social and governance (ESG) issues, with safety of employees, customers and communities as the No. 1 priority. The company celebrated a zero...
https://www.freightwaves.com/news/wabash-national-adopts-sustainability-reporting-trend
NYK entered into a 9 billion yen syndicated loan agreement in which the proceeds will be used solely for the purpose of funding environment-friendly projects. This is Japan’s first syndicated loan to be certified by Japan Credit Rating Agency Ltd. (JCR) with its highest ranking of “Green 1,” thus demonstrating the loan to be aligned with the core components of the Green Loan Principles.
1. Background
NYK’s medium-term management plan includes the group’s intent to integrate environmental, social,...
https://www.marineinsight.com/shipping-news/nyk-signs-japans-first-esg-management-support-loan/