Monday, December 23, 2024

Dow Jones Sustainability News

SGRE Reaches $1.9Bn Green Guarantee Lines

Siemens Gamesa Renewable Energy (SGRE) has announced that in less than a year, and aligned to its commitment to sustainability it has accumulated €1.72 billion ($1.9Bn) in green guarantee lines."SGRE is moving forward in its strategy of making sustainability a key element of all aspects of its business, including its funding strategy," said a press statement.Siemens Gamesa recently extended a guarantee line from Danske Bank to €150 million from an initial €100 million and included Sustainable Development Goals (SDG) criteria.

SGRE Raises $1.6Bln in ‘Green’ Credit

Siemens Gamesa Renewable Energy (SGRE) has announced that, in less than a year, it has accumulated €1.48 billion ($1.6Bln) in green guarantee lines.The turbine maker has just completed a deal with Societe Generale to convert a 230 million euro guarantee line to "green”. This is the third green guarantee line that Siemens Gamesa has arranged so far this year, in addition to 1.25 billion euro arranged with two other banks.Siemens Gamesa will use this line for its worldwide business of manufacturing onshore and offshore wind turbine generators."This deal contributes to implementing projects that benefit the environment…

Siemens Gamesa Ups 'Green' Credit to $1.4Bln

Wind turbine manufacturer Siemens Gamesa Renewable Energy (SGRE) has increased the amount of guarantees that qualify as "green" to €1.25 billion ($1.4Bln) as they contribute to the United Nations Sustainable Development Goals (SDG).The deal, arranged with BNP Paribas, adds €350 million to the existing line of €900 million in "green" guarantees arranged with other banks.Siemens Gamesa will use this line to fund its business of manufacturing and selling onshore and offshore wind turbines worldwide, with a positive…

Technip Named Industry Leader in Sustainability by RobecoSAM

Technip has been recognized as industry leader and has received Gold Class distinction for its sustainability performance in the ‘Energy Equipment and Services’ sector according to the 2016 RobecoSAM Sustainability Yearbook. Technip has been listed in the Dow Jones Sustainability Indices (DJSI) for the 13th consecutive year. The DJSI represent one of the world’s most recognized sustainability ratings. Every year since 2004, the Sustainability Yearbook has listed the world’s most sustainable companies in each…

SBM Offshore Dividend Returns in 2015

SBM Offshore has reported revenue and net debt reduction in line with expectations. Although industry challenges have led to continued postponement of client investment decisions, the Company's predominant activity of leasing, operating and maintaining FPSOs is generating positive cash flows. Consequently, following a five year hiatus, a cash dividend payment of US$0.21 per share is being proposed. Additionally, discussions with Brazilian authorities have progressed to the point of making a compliance settlement provision. Bruno Chabas, CEO of SBM Offshore, commented, "Looking back, much was accomplished over the last year.

Keppel Listed on Global Sustainability Indices

Driven by a firm commitment to continuously strengthen its environmental, social and governance (ESG) management and strategy, Keppel Corporation's sustainability efforts have gained momentum, affirmed by inclusion on several global sustainability benchmarks in recent months. Keppel Corporation has been included on the latest Euronext Vigeo World 120 index released 28 November 2014. The company has been listed among the top 120 companies in Europe, North America and Asia Pacific for control of corporate responsibility risk and contribution to sustainable development.

Caterpillar Named to Dow Jones Sustainability Indices

Caterpillar Inc. has been named to the 2014 Dow Jones Sustainability Indices (DJSI), recognizing Caterpillar as a sustainability leader in the Industrial Engineering sector. This marks the 13th year for Caterpillar to be included in the list since DJSI debuted in 1999. The annual DJSI process involves a thorough analysis of corporate economic, environmental and social performance factors, assessing issues such as innovation management, supply chain management, climate strategy, product stewardship, labor practices and health and safety.