Constellium Paris: Constellium releases 2020 Business and Sustainability Report
PARIS, March 17, 2021, outlining the company s progress on its sustainability goals. The company is also focusing on its 2030 sustainability roadmap, with the aim to achieve climate neutrality by 2050. I am proud of our significant progress in 2020 despite the challenging environment of the COVID-19 crisis. Sustainability is at the core of our business, as Constellium benefits from the inherent attributes of aluminium, a light but strong metal that is fully and easily recyclable , said Jean-Marc Germain, CEO of Constellium. Our Environmental, Social, and Governance strategy and roadmap for 2030 are taking shape, with initiatives to include offering additional responsible products, increasing recycling, and reducing greenhouse gas emissions and waste. I believe that this is an opportunity to meet societal expectations and play our part in the fight against climate change, and to add more value for our
Constellium releases 2020 Business and Sustainability Report
PARIS, March 17, 2021 (GLOBE NEWSWIRE) Constellium SE (NYSE: CSTM) released today its 2020 Business and Sustainability Report, outlining the company’s progress on its sustainability goals. The company is also focusing on its 2030 sustainability roadmap, with the aim to achieve climate neutrality by 2050.
“I am proud of our significant progress in 2020 despite the challenging environment of the COVID-19 crisis. Sustainability is at the core of our business, as Constellium benefits from the inherent attributes of aluminium, a light but strong metal that is fully and easily recyclable”, said Jean-Marc Germain, CEO of Constellium. “Our Environmental, Social, and Governance strategy and roadmap for 2030 are taking shape, with initiatives to include offering additional responsible products, increasing recycling, and reducing greenhouse gas emissions and waste. I believe that this is an opportunity to meet societal
Ahold Delhaize successfully priced its inaugural Sustainability-Linked Bond
Zaandam, the Netherlands, March
11
, 2021 – Ahold Delhaize today announced that it successfully priced its inaugural Sustainability-Linked Bond, amounting to €600 million with a term of 9 years, maturing on March 18, 2030.
The bond was issued in accordance with Ahold Delhaize’s published Sustainability-Linked Bond Framework (the Framework), which follows the ICMA Sustainability-Linked Bond Principles. In its Second Party Opinion, Sustainalytics considers the Sustainability Performance Targets (SPTs) ambitious and aligned with Ahold Delhaize’s sustainability strategy, including alignment with a 1.5-degree temperature rise scenario and Ahold Delhaize’s leading efforts with respect to food waste reduction. The Framework and Second Party Opinion can be found here.
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H&M Sergel Torg, Stockholm. Pic: DAVID THUNANDER / THUNANDER AT GMAIL.COM The €500 million sustainability-linked bond with a maturity of 8.5 years, issued by the H&M Group, has generated great interest and has been 7.6 times oversubscribed. The bond will be listed on the regulated market Euronext Dublin and has been placed with the assistance of BNP Paribas, Commerzbank, Danske Bank, SEB and Standard Chartered.
SEB also acted as advisor for the Sustainability-Linked Bond Framework. The annual coupon rate for the bond is 0.25 per cent.
Sustainability-linked bonds are something new on the bond market. In contrast to green bonds, where the funds are linked to specific projects, sustainability-linked bonds are coupled to the company meeting a number of defined sustainability targets.
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2020: A Year of Reckoning for Competitive Generators
Over the past year, power generators that depend on wholesale electricity markets for the bulk of their revenues endured remarkable pressure stemming from the pandemic, changing company business priorities, and environmentally driven policy shifts. But customer-centric efforts, founded on principles of healthy competition, have helped them persevere, said the Electric Power Supply Association (EPSA).
The 1992-founded national trade group which fiercely advocates for well-functioning competitive wholesale electricity markets has 16 members that together own and operate more than 150 GW in markets governed by Independent System Operators (ISOs) and Regional Transmission Organizations (RTOs) in New England, New York, the Mid-Atlan