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Royal Philips: Philips meets its 'Healthy people, Sustainable planet' targets and forges ahead with integrated ESG framework

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February 23, 2021
Philips is one of the first health technology companies in the world that has become fully carbon neutral in its operations
New integrated Environmental, Social and Governance framework with targets and action plans builds on current success to raise the bar for the company s ESG performance over the next five years
Amsterdam, the Netherlands -
Royal Philipsin its operations, 100% electricity from renewable sources, over 70% of sales from Green Products and Services [1], 15% of sales coming from circular revenues, recycling 90% of its operational waste, and sending zero waste to landfill.
I am pleased that we have delivered on all the targets set out in our Healthy people, Sustainable planet program, making Philips one of the first health technology companies in the world that has become carbon neutral in its operations, said Frans van Houten, CEO of Royal Philips. Our current integrated ESG framework builds on this success, and w ....

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Rob Lauzon's Top Picks: Feb. 23, 2021 - BNN Bloomberg

Rob Lauzon s Top Picks: Feb. 23, 2021
BNN Bloomberg
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Focus: Global stocks
MARKET OUTLOOK:
Although the fight against COVID is still ongoing, equity markets remain supported by three core pillars.
First, COVID infections are falling as we move past the post-holiday surge, multiple areas are starting to ease lockdown restrictions and the vaccine rollout is accelerating in many countries. Johnson & Johnson (JNJ) recently published its highly anticipated Phase 3 clinical trial data. While the headline 66 per cent efficacy was lower-than-expected, the vaccine proved 85 per cent effective in preventing severe disease.
Second, monetary and fiscal policy are expected to remain highly accommodative for the foreseeable future. Interest rates should remain near-zero for years while governments ramp up fiscal stimulus. The new Biden Administration is currently pushing for a US$1.9 trillion relief plan, which includes cheques to consumers, adde ....

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Eastman ranked 27th on Barron's list of 100 Most Sustainable Companies

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Date: 17 February 2021Source: www.eastman.com
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Date: 17 February 2021
This is the second time in five months that a major financial publication has ranked Eastman high on a sustainability list.
Eastman (NYSE:EMN) ranks No. 27 on
Barron s 2021 list of the Most Sustainable Companies in the United States. To arrive at its list of the 100 Most Sustainable Companies,
Barron s analyzed performance by the 1,000 largest U.S. publicly traded companies on a wide range of indicators related to sustainability and environment, social and corporate governance (ESG).
Eastman is a specialty materials company, but we don t exist to just make materials, said Mark Costa, Eastman Board Chair and CEO. Eastman exists to live out our company purpose, which is to enhance the quality of life in a material way. We are focused on innovating material solutions that care for s ....

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Promo Suppliers Intensify Sustainability Efforts

Promo Suppliers Intensify Sustainability Efforts
From a nationwide solar setup to making products from earth-friendlier components, top suppliers are making a visible commitment to lessening their environmental impact.
There’s a green wave rising in the promotional products industry.
Compelled by evolving end-client tastes, a desire to increase efficiency, and a will to reduce the impact of industry on the planet, a growing number of top promo suppliers are ramping up efforts to operate more sustainably.
It’s much more than a trend or even a priority. It’s a tectonic shift occurring within promo and across industries that will fundamentally change and improve production, while also leading to more products being made with earth-friendlier content. Underway for years, the movement is poised to accelerate both in the short- and long-term. ....

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BMO Financial Group among first Canadian banks to sign United Nations Principles for Responsible Banking

BMO Financial Group among first Canadian banks to sign United Nations Principles for Responsible Banking
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TORONTO, Feb. 2, 2021 /PRNewswire/ - BMO Financial Group (TSX:BMO) (NYSE:BMO) today announced it has signed the United Nations Environment Programme – Finance Initiative (UNEP-FI) Principles for Responsible Banking.
The Principles for Responsible Banking (PRB) provide a framework for a sustainable banking system. By signing, BMO is committing to align its business strategy with the UN Sustainable Development Goals (SDGs), the Paris Climate Agreement and relevant national and regional frameworks. This includes conducting an impact analysis to identify priority positive and negative impacts associated with its operations and financing activity, working collaboratively with clients and stakeholders to maximize positive and minimize negative impacts, and demonstrating transparency and accountability thr ....

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