‘Friendshoring’ set to become the new normal – and it’s more sustainable Image: Businesses are looking to bring manufacturing closer to home according to Capgemini Research from Capgemini reveals that large organisations across the US and Europe are reconfiguring global supply chains in a bid to get ahead of supply chain vulnerabilities and geopolitical risks.
SINGAPORE – U.S. digital infrastructure company Equinix said on Tuesday that it has issued S$500 million ($375 million) in green bonds in its inaugural offering in the Singaporean market. The Nasdaq-listed company said in a statement it intended to allocate an amount equal to the net proceeds from the green bonds to recently completed or
By Harish H V GSS+ bonds, encompassing Green, Sustainability, Sustainability-linked, Blue, and Transition bonds, represent a powerful and relatively new financial tool to raise debt for companies committed to positive environmental and social impact. These “use of proceeds” bonds/debt help companies to directly fund projects that deliver environmental and/or social benefits, making them accessible to
By Samantha Walravens Climate change and American flag in two directions on road sign. Withdrawal of climatic agreement. getty Trump’s decision to withdraw from the Paris Climate Agreement is already having a chilling effect on corporate climate commitments, with major banks backing away from environmental pledges and businesses reconsidering their green investments. The implications for
This will help Jordan Ahli Bank increase its green loans by fivefold, double its loans to women-led firms, and create up to 10,000 new jobs. Amman, Jordan: IFC, a member of the World Bank Group, announced it subscribed $50 million in Jordan’s first locally issued sustainability bond, by Jordan Ahli Bank (JAB), to help boost climate
Transaction clears path for Fourcore to become a differentiated global financial services firm Nobel Sustainability Capital Group to contribute up to $25 million to anchor the new company’s planned capital raise “Fourcore” name represents the four pillars of the new company’s approach to providing tailored, multi-generational wealth management solutions powered by AI and other emerging
Representatives from Central Coast Community Energy (3CE) will be available to answer questions about available rebates for replacement projects with all-electric agricultural equipment under the Ag Electrification Program. Information provided by APCD invites community members to experience multiple types of electric equipment eligible to receive funding under the APCD’s Clean Air Grants for Off-Road Equipment
Strengthening Global Presence: Expanding Markets and Long-Standing Relationships Kusters Calico Machinery Pvt. Ltd., a leading name in textile machinery, has been at the forefront of innovation, sustainability, and global expansion. In a recent interview with The Textile Magazine, Mr. Sushil Verma, Managing Director of Kusters Calico, shared insights into the company’s strategic growth, advancements in
Key Takeaways Greenbacker continued to execute on project build-out, bringing online 211 MW of pre-operating assets and increasing its revenue-generating operating fleet by 15%, year-over-year. Total operating revenue of $58 million represented a 14% year-over-year increase, primarily driven by a 20% increase in clean power generation from the Company’s operating assets, which produced 916,000 MWh