Here’s the Daily ESG Digest for January 21st, Friday.
1. (Global) Carbon Emissions. Global financial services company Citi announced today new interim targets for financed emissions reductions in the emissions-intensive energy and power sectors, forming a key part of the bank’s plan to achieve its 2050 net zero greenhouse gas (GHG) financing goal. (Link)
2. (North America) Renewable Energy Project. Berkshire Hathaway Energy subsidiary and electricity & natural gas provider MidAmerican Energy announced today plans for a $3.9 billion wind and solar renewable energy project in Iowa, which would add over 2 GW of wind and 50 MW of solar generation. (Link)
3. (Europe) First Sustainable Bond. Leading building materials company Holcim announced today the launch of two sustainability-linked bonds, raising a total of CHF 425 million ($465 million), and tying the debt costs on the offering to the company’s climate goals. The offering marked the first sustainability-linked bond issue in the Swiss franc market. (Link)
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