CIBC Sets Goal to Reduce Financed Emissions from the Power Sector

Canada-based financial institution CIBC announced today the latest in a series of targets to reduce carbon intensity of financed emissions high-emitting sectors, with a new goal to reduce emissions intensity in its power generation portfolio by 32% by 2030, compared to 2020. The announcement follows the introduction last year by CIBC of a series of sustainability-related goals, […]

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Thermo Fisher Covers Half of its U.S. Electricity Needs with Renewable Energy

Healthcare and life sciences-focused solutions provider Thermo Fisher Scientific announced today that it has signed an eight-year virtual Power Purchasing Agreement (VPPA) with power provider Enel North America for the delivery of renewable energy equal to half of the company’s U.S. electricity consumption. Under the terms of the VPPA, Thermo Fisher will purchase approximately 400,000 […]

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BNP Paribas AM Launches Paris-Aligned Biodiversity ETF

BNP Paribas Asset Management (BNPP AM) announced today the launch the BNP Paribas Easy ESG Eurozone Biodiversity Leaders PAB UCITS ETF, a new fund aimed at providing investors with reduced potential impact on biodiversity. The ETF tracks the Euronext Biodiversity Leaders PAB index, which consists of approximately 60 stocks from the Euronext Eurozone 300 Index, […]

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