A new study from Cambridge University explores the steps banks may be able to take to address the “challenge of our time”, or the transition to a low carbon economy. This extensive study highlights the need for banks to develop an "active mindset" to help accelerate the shift.
Unilever and JD Logistics have joined forces to drive a number of sustainable business initiatives in the supply chain. As part of the agreement, Unilever will be working closely with the Chinese retailer and its supply chain and logistics arm, JD Logistics, to explore opportunities to digitise and modernise the 'Unilever-JD ecosystem' -- from plastic recycling and collection to 5G delivery solutions and less carbon-intense transportation.
NHS Property Services has entered into a green energy contract with Inspired Energy whereby British Gas Business will provide 100 per cent renewable electricity to all its properties across England by this April, and in so doing reducing CO2 by over 40,000 tonnes a year.
EDF have acquired a majority stake in Pod Point, as part of a newly formed joint venture with Legal & General Capital who will take a 23 per cent stake in the venture.
BlackRock has made a charitable contribution of 15.6 million shares of PennyMac Financial Services, with a market value of $589m, to fund the firm’s social impact efforts to advance a more inclusive and sustainable economy.