Arla allots €500 million to pay milk farmers more for sustainability

Oct 08, 2022 22:15 pm UTC| Nature Economy Business

Arla Foods will pay farmers more for their milk if they reduce emissions on their farms under its 500 million sustainability incentive scheme. The scheme is designed to help the company achieve its 2030 emission...

AB InBev to brew beer using renewable energy at new solar park

Oct 05, 2022 23:33 pm UTC| Nature Economy Business

AB InBev will be brewing beers across Western Europe using 100% renewable energy, following the opening of the 148p Verbund Pinos Puente Solar Park near Granada, Spain. The solar park, which sits on 161 hectares of...

Mitsubishi Heavy partners with 4 utilities to develop new nuke reactor

Sep 30, 2022 23:52 pm UTC| Nature Economy Business

Mitsubishi Heavy Industries Ltd. announced that it will, along with four major Japanese power utilities, develop a next-generation nuclear reactor that will go online in the 2030s. The advanced light water reactor, one...

Coca-Cola HBC raises €500 million for sustainability projects through green bond

Sep 30, 2022 22:16 pm UTC| Nature Economy Business Investing

Coca-Cola HBC raised 500 million by issuing its first green bond in support of its sustainability projects. The green bond is a fixed-income instrument designed to support specific climate-related and environmental...

Seoul to ban Grade 4 diesel vehicles

Sep 29, 2022 23:48 pm UTC| Nature Economy Business

Seoul Mayor Oh Se-hoon announced that the city will ban Only diesel vehicles that meet the countrys five-tier emissions standard Grade 4 would be allowed on the roads in the Jongno and Jung areas starting in 2025. from its...

S. Korea eyes taking up 12% of global EV market by 2030

Sep 29, 2022 23:48 pm UTC| Nature Economy Business

South Korea seeks to more than double electric vehicle production to capture 12 percent of the global market share by 2030. For the goal to be a global car industry powerhouse, the South Korean government vowed to...

POSCO to invest AUS$300 million on tripling natural gas production in Australia

Sep 27, 2022 23:42 pm UTC| Business Economy Nature

POSCO International will invest AUS$300 million in its subsidiary, Senex Energy and Hancock Energy, to multiply its natural gas production threefold over the next three years. By the fourth quarter of 2025, POSCO hopes...