Study of Psychedelics in Society and Culture announces funding recipients

Campus & Community Study of Psychedelics in Society and Culture announces funding recipients Flowers highlight a beautiful spring day on Harvard Divinity School’s campus. Kristie Welsh/Harvard Divinity School May 16, 2024 4 min read Three major events, including Psychedelics Bootcamp 2024, to be hosted over summer Celebrating its successful launch, the Study of Psychedelics in […]

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S&P Global Reveals: Less than Half of Leading US Companies Have Net-Zero Emissions Goals, Despite Growing Pressure

As the global community intensifies efforts to combat climate change, the importance of net-zero emissions targets has come into sharp focus. These targets, which aim to balance the amount of greenhouse gases emitted with the amount removed from the atmosphere, are crucial for mitigating the impacts of climate change. A recent analysis by S&P Global […]

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Real Estate Investment Trust OUE REIT Secures $444 Million Sustainability-linked Loan

OUE REIT’s first sustainability-linked loan referencing its recalibrated 40% absolute GHG emission reduction target 2.0 times oversubscribed by 12 banks Pro forma average term of debt as of 31 December 2023 will lengthen to 3.1 years, while proportion of unsecured debt significantly increased to 86.7% post refinancing No further refinancing requirements until the second half […]

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Morningstar Report Reveals Record $8.8 Billion pulled from US Sustainable Funds in Q1

The first quarter of 2024 has been a period of notable shifts in the landscape of global sustainable funds. Amidst varied economic signals and evolving regulatory frameworks, these funds have collectively managed to attract nearly USD 900 million in net new money, marking a significant recovery from the minor outflows in the previous period. Morningstar’s […]

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Microsoft Introduces AI-Powered Tools for Sustainable Business Strategies to Sustainability Platform

Microsoft Sustainability Manager is rapidly evolving with the power of generative AI, offering unprecedented capabilities for data analysis and informed decision-making. What-if Analysis: Forecast Carbon Reduction Strategies A new AI-powered feature, what-if analysis, helps organizations forecast the impact of business practice changes on their carbon footprint. This intelligent tool uses historical data and existing calculation […]

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Canadian province of Newfoundland and Labrador approves World Energy’s hydrogen project

The Government of Newfoundland and Labrador has released World Energy GH2’s Project Nujio’qonik from further Environmental Assessment following an intensive evaluation of the world’s first Environmental Impact Statement for a fully-integrated, commercial scale wind-to-green hydrogen project. The Honourable Bernard Davis, Minister of Environment and Climate Change, Government of Newfoundland and Labrador, has announced that Project […]

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MUFG triples 2030 sustainable finance target to $660 billion

Tokyo-based banking group Mitsubishi UFJ Financial Group (MUFG) unveiled a significant commitment to sustainability. The company announced a nearly threefold increase in its 2030 sustainable finance target, alongside the establishment of a new Sustainability Risk Office and a series of policy revisions. Tripling Down on Sustainable Finance MUFG’s prior goal aimed for a cumulative total […]

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Climeworks Partners with LEGO Group and KIRKBI for Long-Term CO₂ Removal Agreement

Climeworks wins the LEGO Group as its latest customer and enters a 9-year agreement to permanently remove CO₂ from the air for the Danish toy manufacturer.  The agreement is made in partnership with KIRKBI A/S, the family-owned holding and investment company of the LEGO® brand.  Corporate long-term commitments remain a cornerstone of Climeworks’ rapid global […]

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Biden-Harris Administration Unveils Historic $6 Billion Investment to Decarbonize America’s Industrial Sector

President Biden’s Investing in America Agenda Provides the Single Largest Industrial Decarbonization Investment in the Nation’s History, Driving $20+ Billion in Total Investment to Revitalize Manufacturing Communities and Create and Maintain Good-Paying Jobs  As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) announced up to $6 billion for 33 projects […]

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Morningstar Launches Low Carbon Transition Leaders Indexes

New indexes draw on the strengths of Morningstar’s Sustainalytics & Indexes businesses to deliver diversified, broad exposure to companies leading their sector peers in their readiness for—and action towards—climate transition Morningstar, Inc., a leading provider of independent investment insights, announces the launch of the Morningstar® Low Carbon Transition Leaders (LCTL) Indexes, the latest strategic collaboration between […]

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