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Grupo Argos secures US$108m sustainability and gender equality-linked loan from Bancolombia


Grupo Argos secures US$108m sustainability and gender equality-linked loan from Bancolombia
Written by Global Cement staff
27 April 2021
Colombia: Bancolombia has granted a US$108m loan to Grupo Argos. The loan’s interest rate is linked to two indicators, namely greenhouse gas emissions reductions and the increase in participation by women in the group’s upper management. These factors can decrease the interest rate by up to 100 basic points. The group said that signing the deal constitutes another milestone in realising its environmental, social and governance (ESG) commitment. The financing agreement modifies current conditions for debt and will have a five-year maturity. As such, it does not increase Grupo Argos’ current levels of indebtedness. ....

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The Planet on the Plate: Why Epicurious Left Beef Behind


For any person or publication wanting to envision a more sustainable way to cook, cutting out beef is a worthwhile first step. Almost 15 percent of greenhouse gas emissions globally come from livestock (and everything involved in raising it); 61 percent of those emissions can be traced back to beef. Cows are 20 times less efficient to raise than beans and roughly three times less efficient than poultry and pork. It might not feel like much, but cutting out just a single ingredient beef can have an outsize impact on making a person’s cooking more environmentally friendly.
Today Epicurious announces that we’ve done just that: We’ve cut out beef. Beef won’t appear in new Epicurious recipes, articles, or newsletters. It will not show up on our homepage. It will be absent from our Instagram feed. ....

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Five ways to have an eco-friendly Ramadan


Updated:
26/04/2021
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12:58
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The holy Month of Ramadan is currently underway for Muslims around the world. Throughout the month, the process of fasting from sunrise to sunset is observed with thoughtful and spiritual reflection, along with charitable behaviour and actions.
Spending time with family and friends is encouraged and in general, it is suggested that positive lifestyle changes are made.
According to Islamic belief, human beings have a responsibility of guardianship for planet Earth. With that in mind, Ramadan can be a perfect opportunity to contemplate how human actions are impacting our planet.
Here are five tips to make your Ramadan more sustainable: ....

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New Balance MADE Responsibly Made in U.S.A. 998


In this Article
Sustainability is at the front of almost every footwear brand’s mind as of late, and now New Balance is joining in on the fun with its MADE Responsibly approach. With the 998, New Balance is set to craft a variety of pairs (that are all one-of-a-kind) from surplus materials making up the suede overlays, body mesh, lining, laces, collar strip, trim, and soles.
Each pair is made by hand in New Balance’s New England, U.S.A. facility with the highest level of craftsmanship, all while respecting the more mindful approach to sneaker making. The results include shoes that are mismatching from one pair to the next, but in turn promise a colorway that can never be made in the exact same form again. ....

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Sustainability in Action: How ArcelorMittal Saves 170 Metric


Steel is an essential material for economic development and growth because it is used in all areas of our everyday life. Around 1.87 billion tons of steel is produced each year – the equivalent of building 180,000 Eiffel towers – and more than half is used in building and infrastructure, but it is also heavily used in areas such as engineering, manufacturing, transportation, and energy production. According to the IEA, steel demand will increase by more than a third by 2050, particularly in emerging economies like China and India.
ArcelorMittal has already proven itself to be a sustainability trailblazer
ArcelorMittal, the world’s largest steel producer, is leading the charge for improved sustainability. The company already recycles 30 million tons of steel every year and is setting an example for how companies can minimize production’s environmental impact and improve operations’ circularity. These efforts reach beyond the traditional focus on recycling ....

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