Zara founder Amancio Ortega's investment firm Pontegadea nearly tripled its investments in renewable energy projects last year, building on his quest to diversify the Spanish billionaire's fortune beyond his fashion empire and real estate, Reuters reports. According to the 2023 financial statements filed with the Commercial Register, the family office of the principal owner of…
The Science-Based Targets Initiative (SBTi) has introduced a new decarbonisation framework specifically for the building sector, which aims to align with global net-zero targets. This comprehensive framework is designed for companies and financial institutions involved in the buildings value chain, urging them not to commit to new fossil fuel installations…
The President of the European Commission, Ursula von der Leyen, will meet today with the two Bulgarian candidates for European Commissioner - Ekaterina Zaharieva and Julian Popov, to make her choice, Euractiv has learned. The two candidates have been nominated by acting Prime Minister Dimitar Glavchev and today they will hold a meeting in Brussels with von der Leyen, which is expected in...
Companies must see the 'triple sustainability' - environmental, social, economic, as an integral part of the quality of their products and services."
Poland needs less than a year to prepare a model for divesting coal assets from state-controlled enterprises. According to the Minister of State Assets Jakub Yavorovski, the government is analyzing the life expectancy of dozens of power units that meet the majority of the country's electricity demand, Reuters reports. "Of course something must…
Meta has completed 18 operational water restoration projects, returning 1,5 billion gallons of water to regions of high and moderate water stress. This is part of Meta's broader goal to recover more water than it consumes by 2030. The company has also maintained net zero emissions in its global operations since 2020,…
In different families or companies, taboo topics vary. For some, finances are an uncomfortable topic, others avoid conversations about sexuality or race. A topic becomes taboo when, due to ignorance and fear of making a mistake, one does not know how to talk about it. What makes a topic taboo? If there is a common understanding in the community,…
The countries remain far from agreement on the biggest task at the upcoming COP 29 meeting, which is to agree a new funding target to help developing countries tackle climate change, Reuters reports. A negotiating document released by the UN climate body on Thursday lays out the disagreements between nations ahead of the meeting…
Antonio Hautle is known for his many years of experience in the field of corporate social responsibility and sustainable development. Since 2015, he has been the Director of the UN Global Compact in Switzerland and Liechtenstein, where he works to promote socially responsible business practices. His career has been marked by numerous initiatives aimed at creating a more just and sustainable…
Changing consumer habits and climate change are paving the way for new sparkling wine producers, such as the UK and Sweden, to challenge the hegemony of traditional players and gain market share, reports Euractiv. In recent times, the craze for Prosecco and Spritz has disrupted established wine consumption habits. "This 'average effect' accelerated consumption…
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