MassMutual Announces New Net Zero Commitments That Address Climate Change
SPRINGFIELD, MASS. & BOSTON (BUSINESS WIRE)
Massachusetts Mutual Life Insurance Company (MassMutual) today announced new commitments that will transition both its portfolio and operations to net zero, advancing a decarbonized economy. The company’s climate change actions will benefit its policyowners, employees, communities and the economy as a whole, while helping ensure its future strength. MassMutual believes that a sustainable future requires immediate and collaborative action to create a path forward.
These commitments, which require abating greenhouse gases added to the atmosphere and balancing emissions output, include:
Net Zero operations by 2030: Achieving net zero greenhouse gas (GHG) emissions in MassMutual’s operations by 2030 by reducing emissions, purchasing renewable energy, and removing the remaining footprint through credible offsets; and,
IFM Investors partners with CDPQ on the Indiana Toll Road
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NEW YORK and MONTRÉAL, April 19, 2021 /PRNewswire/ - IFM Investors ( IFM ) and Caisse de dépôt et placement du Québec ( CDPQ ), a global investment group, are pleased to announce that CDPQ has acquired a 15% interest in the Indiana Toll Road ( ITR ) from a subsidiary of the IFM Global Infrastructure Fund ( IFM GIF ). Following completion of the sale, IFM GIF continues to own more than 70% of ITR.
The Indiana Toll Road is a 157-mile (252 km), limited access, divided highway in the state of Indiana which is operated and maintained under a Concession and Lease Agreement with the Indiana Finance Authority ( IFA ). The road spans northern Indiana, from its border with Ohio to the Illinois state line near Chicago, feeding directly into two toll roads at the state lines – the Chicago Skyway in the west and the Ohio Turnpike in the east. Since IFM s acquisition in 20
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Franklin Templeton Launches Corporate Social Responsibility Report
April 12, 2021 GMT
SAN MATEO, Calif. (BUSINESS WIRE) Apr 12, 2021
Franklin Templeton has launched its Corporate Social Responsibility (CSR) Report in recognition of the firm’s long-standing belief that being a responsible corporate citizen is vital to the long-term sustainability of its business, in addition to the well-being of the communities in which its employees live and work. Franklin Templeton has established specific goals for fiscal year 2021 focused on three areas: environmental, social and governance (ESG) investing; the environment; and diversity and inclusion (D&I).
SAN MATEO, Calif., April 12, 2021 /3BL Media/ Franklin Templeton has launched its Corporate Social Responsibility (CSR) Report in recognition of the firm’s long-standing belief that being a responsible corporate citizen is vital to the long-term sustainability of its business, in addition to the well-being of the communities in which its employees live and work. Franklin Templeton has established specific goals for fiscal year 2021 focused on three areas: environmental, social and governance (ESG) investing; the environment; and diversity and inclusion (D&I).
“The events of the past year, including the global pandemic and ongoing racial and social injustices, have further reinforced the importance of global citizenship both as a business imperative and as part of our responsibility as industry leaders, said Jenny Johnson, President and CEO. At Franklin Templeton, we have embedded principles of corporate citizenship into our company culture and our investment strategy. While
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LOS ANGELES, April 9, 2021 /PRNewswire/ Sepulveda Transit Corridor Partners Bechtel (STCP) has been awarded a Pre-Development Agreement (PDA) contract by the Los Angeles County Metropolitan Transportation Authority (Metro) to advance its rail transit solution to potentially ease congestion on the notorious I-405 (Sepulveda) corridor between the San Fernando Valley and West Los Angeles.
STCP s proposal, one of two PDA proposals approved by Metro, is notable for its direct connections to new and proposed Metro transit lines, direct connections to key destinations including UCLA, stations that are pleasant and convenient for riders, have high passenger capacity and high speeds that deliver a less than 20-minute trip time. The heavy rail concept within the proposal could potentially reduce air pollution and climate change-causing emissions, create thousands of good-paying construction jobs, and would create lasting economic and equity benefits by increasing the number of jo