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Cascale, Worldly Host Climate Event, Mark Decarbonization Steps

3BL Media

At the co-hosted “Chatting Climate & Consumer Goods” event held in New York City’s Garment District, speakers and attendees delivered deep supply chain decarbonization insights, building on presentations at the Cascale Annual Meeting and Worldly Customer Forum in Munich earlier this month.

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New $400 Million Japan Low Carbon Hydrogen Development Fund Backed by Toyota, SMBC, TotalEnergies, Others

ESG Today

The new fund is launching with $400 million in commitments at its first close, with initial investors including Toyota Motor Corporation, Iwatani Corporation, Sumitomo Mitsui Banking Corporation, MUFG Bank, Tokyo Century Corporation, Japan Green Investment Corp. for Carbon Neutrality, and the Bank of Fukuoka.

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H&M Launches Green Loan Program to Finance Suppliers’ Emissions Reductions Initiatives

ESG Today

Tan Su Shan, Group Head of Institutional Banking at DBS, said: “Accelerating net zero for supply chains requires the rapid scaling of low-carbon technologies and new, innovative financing models to drive adoption. The collaborative finance tool is a prime example of how we can create impact for suppliers.

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Urgent action needed to save ‘shovel-ready’ renewable heat projects, say UK biogas firms

Envirotec Magazine

Green investments on processing sites will decarbonise the supply chain while boosting local economies, creating green jobs and new skills. This unfair exclusion means that a number of clean heat projects, with insufficient time to complete by 31st March 2021, could be abandoned.”.

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MetLife 2022 Sustainability Report: Creating Value as an Investor

3BL Media

1 Represents responsible investments managed by MIM at estimated fair value as of December 31, 2022. 2 For definitions of responsible investments, impact investments and green investments, please see pages 96 and 97 of the Sustainability Report PDF. 3 Annual investments in 2022.

Net Zero 130
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The High Cost of Climate Inaction

3BL Media

We have limited time to transform investment patterns and capital allocation to avoid crossing tipping points that could lead to a hothouse earth. As the Task Force on Climate-Related Financial Disclosures (TCFD ) has shown, changes within financial institutions – such as climate mainstreaming in investment processes – can be slow.

Net Zero 130
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Renewable energy jobs grew to 12 million globally despite pandemic, supply chain challenges

Renewable Energy World

The justification for green investment continues to improve, too, with a new report from the World Resources Institute finding that green investments generally create more jobs dollar-for-dollar than unsustainable investments.