DHL and Shell Partner to Boost Sustainable Air Freight in Europe
Sustainable Aviation Fuel (SAF) Agreement: DHL Express and Shell sign a 1-year deal to supply 25 kt of SAF to Brussels Airport, enabling a significant reduction in emissions. Emission Reductions: The SAF will reduce greenhouse gas emissions by approximately 80 kt CO2e compared to fossil jet fuel. Customer Benefits: DHL’s GoGreen Plus service allows clients […]
OPEC Fund Highlights Land Restoration and Climate Resilience at COP16
Land restoration and finance focus: OPEC Fund will emphasize innovative financing solutions for land restoration and climate resilience during COP16 in Riyadh. New Clean Cooking Report unveiled: The OPEC Fund will release its first report on clean cooking solutions, targeting over two billion people relying on harmful traditional fuels. Arab Coordination Group collaboration: The OPEC […]
BNP Paribas AM and Mirova Invest Over €200M in French Renewables Leader Arkolia
Strategic Alliance: Mirova and BNP Paribas Asset Management acquired equal equity stakes in Arkolia, investing over €200 million to accelerate its renewable energy growth. Growth Ambitions: Arkolia aims to reach 1.5 GW capacity, double revenue to exceed €500M, and expand its workforce to over 350 employees. Sector Leadership: The partnership strengthens Arkolia’s leadership in rooftop […]
BNP Paribas Asset Management Halts Investments in New Oil and Gas Bonds
Exclusion Policy: BNP Paribas Asset Management will no longer invest in new bonds issued by companies involved in oil and gas exploration and production, aligning with broader sustainability goals. Sustainability Focus: Eligible companies must demonstrate “credible climate commitments” and “realistic transition plans” to maintain investment eligibility, with regular reviews ensuring compliance. Industry Leadership: Reclaim Finance […]
IAG Secures E-SAF Deal with Infinium to Propel 2030 Sustainability Goals
Major SAF Agreement: IAG has signed a ten-year deal with Infinium for e-SAF, expected to cut greenhouse gas emissions by 90% compared to conventional jet fuel, starting in 2026. Innovative Fuel Technology: Infinium’s e-SAF, made from water, waste CO2, and renewable energy, offers a scalable, feedstock-independent alternative to traditional fuels, supporting IAG’s five airlines. Sustainability […]
