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Today’s ESG Updates Enel Opens €12 Billion in Financing and a €1 Billion Share Buyback: Enel’s Board approved up to €12 billion in new financing to refinance debt and fund growth, alongside a fresh €1 billion share buyback programme. Repsol Posts Adjusted Net Income of €2.568 Billion: Repsol reported 2025 adjusted net income of €2.568 billion amid lower
One of the world’s largest energy retailers, Italian energy giant Enel SpA, will be selling clean energy to US businesses for the first time in history. The announcement comes as U.S. greenhouse gas emissions increased by 4.1% in 2021, according to new data released by the Environmental Protection Agency. With the Inflation Reduction Acts’ passing
There are days when the sky does not bring rain. Instead, a thick fog, called camanchaca, advances silently from the ocean and covers hills and ravines. The trees, plants and its animals welcome this humidity. But crops and communities miss the needed rain. Now, in Chile’s Peña Blanca agricultural community, this fog is being captured drop
The breadth of the Trump Administration’s intervention in the arts has been torturous and staggering. Autocratic regimes have long shaped public perceptions and behavior, sometimes eradicating or reshaping various aspects of the arts. Even democracies have, on occasion, subordinated the arts to ideology, particularly during periods of existential crisis. In the U.S. during the Great Depression,
Today’s ESG Updates Trump Targets Alaskan Wilderness: U.S. plans to repeal protections in Alaska, opening ecologically sensitive land to drilling under Trump’s “drill, baby, drill” policy. Japan Develops Ocean-Dissolving Plastic: Scientists in Wako city create seawater-soluble plastic aimed at tackling rising waste and microplastic pollution. Colombia’s Wind Sector Stalls: Major firms exit La Guajira projects
Companies including BP, TotalEnergies, and Eni will reap the near-term revenues from liquified natural gas (LNG) projects in Africa. Mozambique, Nigeria, and Senegal are expected to wait until the mid-2030s or 2040s for significant returns, which might not materialize. As the world moves toward clean energy, future LNG demand is uncertain and oversupply is a
Wind turbines are becoming greener. Swedish startup Modvion has shared its ambitious plans to build a 60-metre wind turbine made entirely of wood, which will then be sold to a utility that supplies clean energy to local homes and factories. The project will be realised outside Skara, Sweden, a country with a long history of
When you think of the “Mayflower,” what comes to mind? For many it might be: the Pilgrim Fathers, Thanksgiving, Plymouth Rock or the “New World.” However, for the Wampanoag people whose shores the Mayflower docked at in 1620, quite different associations arise. “Among the Wampanoag and Indigenous people of this country, Mayflower conjures up different
Everything is changing for dieters, much of it miraculous, some of it alarming. In fact, very alarming. Here we are referring to two new drugs in particular: Ozempic, marketed by Novo Nordisk in the United States in 2017 and in France since 2019, and Wegovy around the same time. These new drugs are being touted
On May 9, the Italian Chamber of Deputies, the lower house of Parliament, approved two motions calling on the government to fulfill certain commitments. The two texts presented, one by the majority and one by opposition parties, although not binding, require the government to “accelerate Italy’s decarbonisation process.” The energy and economic crisis currently facing
On May 1, 2023, crowds formed outside the Metropolitan Museum of Art in New York City as well-dressed celebrities arrived for one of the most exclusive events of the year, the annual fundraising gala held for the benefit of the museum’s Costume Institute, celebrating richness, grandeur and extravagance: The Met Gala. Despite the controversy surrounding
After renewable energy production in Scotland fell in 2021, new power projects and worse weather allowed Scotland’s energy sector to bounce back with record highs in the second quarter of 2022. Scotland currently produces the most renewable energy per capita among the British nations. To many observers, it seems as though Scotland is receiving little