We are thrilled to announce the publication of our Sustainability Report for 2023 outlining our progress in the area of ESG. Since 2021, Matrix has made a firm commitment to specific challenges to improve the environment, aiming to reduce CO2 emissions and mitigate climate change effects, generating significant social and environmental impact. Some of our key achievements for the report include: - 76% increase in avoided CO2 emissions compared to the previous year - Reforestation of 105 hectares and acquisition of 189 hectares in the US to preserve protected native tree areas - Increased ESG initiatives related to training, education and capacity building for local communities Speaking of the publication, Matrix's President Luis Sabaté remarked: “At Matrix Renewables, we are deeply committed to environmental, social, and governance principles, which serve as the foundation of our culture and decision-making processes. We know that prioritizing these actions not only increases our company’s value but also contributes positively to society.” You can read more about our commitment to sustainability and the positive impact we're making in our 2023 Sustainability Report here: https://lnkd.in/dVMn5QrN
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Globeleq has issued its 2023 Sustainability Report and you can read it here: https://lnkd.in/eJTE2rsm. We have also issued reports for each of the countries where we work. Highlights from 2023 include: An exceptional safety performance with a Reportable Incident Rate of 0 per 200,000 working hours in operations, a rate of 0.026 in construction and no lost-time accidents anywhere in 2023 992,000 tonnes of CO2e avoided through Globeleq’s renewable electricity generation US$3.1 million invested in socio-economic development projects reaching 129,700 people 496 people employed with 98% being from the African country where they work 27% female workforce with women filling 32% of senior management positions British International Investment Norfund
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In this The Economic Times article, Ramnath Iyer, CEO of ESG Data & Solutions shares that, India's commitment to reduce carbon intensity by 45% is ambitious and cannot be achieved unless MSME participates. He suggests that interest subsidies for green initiatives and grid-based renewable energy access could catalyze change. He further notes that the main barrier is the inability to pass sustainability costs to customers. He argues that without government-mandated sustainability standards for high-carbon products, market adoption of sustainable practices will remain slow. #esg #sustainability #indiainc #msme #netzero
MSMEs are on sustainability path but profitability focus can make the move faster
economictimes.indiatimes.com
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I’m pleased to share my recent article with Arab News where I argue that sustainability is going to stay central to business strategy. Peculiarities like the use of a circular economy with emphasis on recycling most products and the growth of green finance innovation in financial systems that focus on financing ecologically friendly projects will crystallize the future business world. Now, sustainability is not just an added extra an entity would have on the side or an interesting concept that may be considered in addition to all others, but a necessity that defines the success of a business. Sustainability works for companies to establish long-term values, which can give them a competitive edge over their rivals while at the same time being considerate of the prevailing environment and social status. https://lnkd.in/df43yTtF
How sustainability benefits business performance
arabnews.com
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Ramnath Iyer's view in The Economic Times today, emphasizing MSMEs' crucial role in India's carbon reduction goals. He advocates for interest subsidies on green initiatives and improved renewable energy access. He also has identified the main challenge as MSMEs' inability to pass sustainability costs to customers, suggesting government-mandated standards could accelerate market adoption of sustainable practices. Views from other industry leaders shared in this article as well...
In this The Economic Times article, Ramnath Iyer, CEO of ESG Data & Solutions shares that, India's commitment to reduce carbon intensity by 45% is ambitious and cannot be achieved unless MSME participates. He suggests that interest subsidies for green initiatives and grid-based renewable energy access could catalyze change. He further notes that the main barrier is the inability to pass sustainability costs to customers. He argues that without government-mandated sustainability standards for high-carbon products, market adoption of sustainable practices will remain slow. #esg #sustainability #indiainc #msme #netzero
MSMEs are on sustainability path but profitability focus can make the move faster
economictimes.indiatimes.com
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Our 5th sustanability report is out. The ESG metrics are very relevant and meticulously researched. I know because the research and writing team sits behind me. We're very proud of it, read if interested! Nina Scholey
Globeleq has issued its 2023 Sustainability Report and you can read it here: https://lnkd.in/eJTE2rsm. We have also issued reports for each of the countries where we work. Highlights from 2023 include: An exceptional safety performance with a Reportable Incident Rate of 0 per 200,000 working hours in operations, a rate of 0.026 in construction and no lost-time accidents anywhere in 2023 992,000 tonnes of CO2e avoided through Globeleq’s renewable electricity generation US$3.1 million invested in socio-economic development projects reaching 129,700 people 496 people employed with 98% being from the African country where they work 27% female workforce with women filling 32% of senior management positions British International Investment Norfund
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📣 The latest Ipieca sustainability article round-up is out now! Featuring initiatives and announcements from ConocoPhillips, Kosmos Energy, OMV, Oxy and QatarEnergy including efforts to: 🛢 Advance oil spill preparedness 🤝 Proactive conservation through collaboration 🧠 Conduct meaningful community engagement ⛽ Produce sustainable fuels 🔒 Develop direct air capture facilities ♻ Enhance circular economy and economic growth We also share: Insights on the Tracking SDG 7 report by the International Energy Agency (IEA), International Renewable Energy Agency (IRENA), the United Nations Statistics Division, The World Bank, and the World Health Organization. Updates on how Ipieca supports responsible management of operational impacts on the natural environment, oceans and ecosystems. Read the round-up 👉 https://lnkd.in/eyKy5EYZ
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What a privilege it is to be able to contribute regionally in #APAC and help a global movement to push forward the #energytransition! We have our #eagle #eyesontheroad as we focus on project delivery to meet the next milestones of our clean energy assets. Read our full report here to learn more about how we support the world´s journey towards net-zero: https://lnkd.in/dHpHiwSv
Sustainability leader. Creating impact organizations. Mobilizing capital for the Sustainable Development Goals (SDGs).
Our commitment to sustainability is stronger than ever! Aquila Group's Sustainability Report 2023 is now live, showcasing our progress towards becoming one of the world's leading sustainable investment and development companies for essential assets by 2030. Our goal is to avoid 1.5 billion tonnes CO2e over our portfolio's lifetime by 2035. In 2023, our assets under management grew to EUR 15 billion, installed and developed clean energy capacity increased to 19.8 GW, and our track record reached 25.7 GW - representing a 2%, 42%, and 35% increase over 2022, respectively. Our clean energy portfolio has the potential to avoid up to 130 million tonnes of emissions over its lifetime - equivalent to the current coal emissions in Germany for electricity production. Our Sustainability Report not only reports progress across our sustainability goals but also provides insight into the practical application of our ESG management approach across our value chain. Congratulations to all Aquila Group eagles for these impressive results! A special thank you to a few key contributors - Moussa Sylla, Benjamin Arndt, CESGA, Anna Dißmann, Paula Noceda Martín,Cristina Santiago, Benjamin Roa, Jaime Comella Gómez-Aller, Kelly Weber, Claudia Vieten, Tatjana Röckl, Juliane Lennartz,Karsten Siegmund, Johanna Guirola-Frank, Xenia Godt, Ozer Ergul, Helge Papenhausen, Steffen Trageser and Marc Kaiser to name a few. Read our full report here to learn more about how we support the world´s journey towards net-zero: https://lnkd.in/dHpHiwSv
aquila-capital.de
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🌱 Update on LONGi Solar's Future-Fit Journey 🚀 Last week, we were delighted to welcome Martin Rich and Alisa Smirnova to LONGi for an insightful presentation on the Future-Fit Foundation work, tailored for both our EU and China ESG teams. The Future-Fit Business Benchmark, developed in alignment with prominent environmental economic theories such as Johan Rockstrom and Will Steffen's Planetary Boundaries (2009), Kate Raworth's Doughnut Economics (2012), and the Framework for Strategic Sustainable Development (FSSD) led by Karl-Henrik Robert in 1989, provides a robust foundation to steer companies' ambitions and actions in harmony with the SDGs. 📊 LONGi's core mission is to ensure that electricity is green and available to all. With 23 Break-even Goals, the Future-Fit Framework offers LONGi a new tool to measure its material impacts on the environment and social aspects, particularly at both factories and suppliers levels. This level of granularity will support our group in tailoring its sustainability strategy. 💡 LONGi is already a Future-Fit Engaged business, but on our way to become Future-Fit Embedded one😉.
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How About a Lighter Version of BRSR for Smaller Firms? KarbonWise, founded in 2023 by Arjun Vijayaragavan, aims to be a 'Co-pilot' to enterprises on their Net Zero journey, by bringing together the best in climate science, technology, and industry expertise. It offers solutions across the end-to-end decarbonization journey. The company specializes in sectors such as construction, pharmaceuticals, and financial services. Started in London and branching out to India and the GCC (Gulf Cooperation Council), the 15-member team is currently boot-strapped. Read the full article here- https://lnkd.in/gv6mdVt3 #esg #sustainability #netzero Benedict Paramanand
How About a Lighter Version of BRSR for Smaller Firms? - Sustainability Next
https://sustainabilitynext.in
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Looking forward to sharing some insights into the funding available to SMEs to assist them in their sustainability journey. #thefutureisgreen #sustainabletransformation #businesstransformation #sustainability #DynamicSpaceEvents
Join us for a morning of sustainable business insights. Two days to go for the event where experts will show how you can make substantial positive impacts on your bottom line through sustainable choices for your business. 📅 Date: 21st June 🕒 Time: 10am to 12pm 📍 Venue: Dynamic Space Events, Stillorgan Agenda: Paul Bradley & Paul Higgins, RENEWABLES IRELAND LIMITED: "From Sunrise to Sunset - Saving with Solar PV" Tracy ORourke, Vivid Edge: "The Energy Efficiency Opportunity" Mark Kane 🌍💡, Sustainabil-IT: "Going for Gold - Compete to Win with Certification" Ben Craig, carbonfit: "Are You carbonfit? Driving High Performance in Business" Niall O'Kelly, Agile Executives: "Going Green with Government Grants" Don't miss this opportunity to gain actionable insights, network with industry leaders, and learn how sustainability can drive your business growth. Register here: https://lnkd.in/dxzAY_Mf
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CEO/President. Chairman of the Board at Matrix Renewables.
3moCongratulations to the entire Matrix Renewables team on the publication of the 2023 Sustainability Report! The impressive achievements in CO2 emissions reduction, reforestation efforts, and community-focused ESG initiatives are truly commendable. It’s inspiring to see our team so dedicated to making a positive impact on both the environment and society. We will keep up the excellent work in leading the way towards a more sustainable future!