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Neste reaches Leadership level in CDP Climate Change assessment

Neste Corporation, Press Release, 8 December 2020 at 2 p.m. (EET) Neste has achieved Leadership level and A- rating for its climate action by the non-profit Climate Disclosure Project (CDP). The company has reached the Leadership level (A or A-) since the current assessment system was introduced in 2016.  In the result released by CDP on 8 December 2020, Neste is among the selected few Nordic companies in the climate leadership level. The ‘A-’ rating is based on Neste's climate-related sustainability performance in 2019. CDP Climate Change focuses on assessing corporate

Bonava sells 110 rental apartments in Helsinki, Finland

Bonava is selling 110 rental apartments to the investor ICECAPITAL Housing Fund V in Helsinki. The housing units are expected to be handed over to the customer and recognised in profit in the fourth quarter of 2022.–  With this transaction, we’re starting production of a new neighbourhood that will develop gradually over time. Affordable, high-quality rental apartments are important for the realisation of our vision and strategy of creating homes and happy neighbourhoods for the many, says Joachim Hallengren, President and CEO of Bonava.The new neighbourhood is in Vuosaari, east Helsinki,

Koenigsegg and TECHNIA leverage 3DEXPERIENCE to facilitate growth

Ängelholm and Kisa TECHNIA, the number 1 knowledge leader in PLM and Engineering, announced today that they have been strategically engaged by the record-breaking Swedish ultimate performance megacar manufacturer, Koenigsegg Automotive.This ongoing partnership supports Koenigsegg’s commitment to cutting-edge technology in all aspects of their business. The new developments will enable the fast evolution of Koenigsegg’s PLM infrastructure to keep up with the rigors and demands of their unique automotive technology business model. Halldora von Koenigsegg and Kristoffer Mårtensson

Elkem achieves A rating from CDP, ranking among the world’s leading companies on climate transparency and action

Elkem, one of the world's leading suppliers of silicon-based advanced materials, has been selected for the CDP’s A List on climate change, which showcases the companies leading on environmental transparency and action. Out of the 5,800+ companies scored by CDP, just the top 5% made the climate change A List this year.CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. It is widely recognised as the global benchmark for corporate environmental transparency. This is Elkem’s first

New amendments to the terms of Finnair pension fund and pilots’ early retirements have an additional positive one-off net impact of 48 million euros on Finnair’s Q4 operating result

Finnair Plc         Stock Exchange Release           8 December 2020 at 1.15 p.m. EET On 28 October 2020, Finnair announced that it has pending authority approval processes relating to certain amendments to the terms of Finnair pension funds and that it will publish a separate release in this regard, if needed. New amendments to the terms of Finnair pension fund have now been approved. The amendments relate to pension index increment removals and are expected to have a positive one-off impact on Finnair's operating result in Q4 2020. The impact is not booked in the comparable

Kemira announces exclusive partnership with Danimer Scientific to develop biodegradable coating for paper and board industry

Kemira Oyj, Press release, December 8, 2020 at 1.15 pm (EET)Kemira announces exclusive partnership with Danimer Scientific to develop biodegradable coating for paper and board industry Partners evaluate Danimer Scientific’s NodaxTM PHA as commercial, fully biobased alternative for polyethylene to manufacture recyclable paper and board products from renewable sources  Kemira, a global leader in sustainable chemical solutions for water intensive industries and Danimer Scientific , a leading developer and manufacturer of biodegradable materials, today

Metsä Board recognized with prestigious double ‘A’ score for global climate and water stewardship

Metsä Board Corporation press release 08.12.2020Metsä Board, the leading European producer of premium fresh fibre paperboards and part of Metsä Group, has been recognized for leadership in corporate sustainability by global environmental non-profit CDP, securing a place on its prestigious ‘A List’ for tackling climate change, as well as acting to protect water security – two of the three environmental themes covered by CDP.  Metsä Board has been included on the CDP Climate ‘A List’ since 2016. In the CDP’s Forest programme Metsä Board scored A-.    Metsä Board is shown as one of a small

Approved development plan for the Hod field

The Norwegian Ministry of Petroleum and Energy has today approved the Plan for development and operation (PDO) for Hod in the North Sea. The approved PDO for the HOD development was personally handed over by the Minister of Petroleum and Energy Tina Bru, to the robot dog Spot, to catch up from their last meeting; In June, it was Spot who, on behalf of operator Aker BP and partner Pandion Energy, submitted the Plan for development and operation to the Minister (link ). Hod is one of the first projects to be realized

CDP’s international questionnaire rates Finnish companies’ climate efforts world class – Kesko rises to prestigious A List

KESKO PRESS RELEASE 8.12.2020 AT 13.00CDP, a global climate research provider that reviews how companies disclose and manage their environmental impacts, has given its best A score to six Finnish companies, Kesko among them. K Group is moving towards carbon neutrality by increasing the use of electricity and heat produced with renewable energy, and by switching to biofuels in transports in Finland.“The next decade will be crucial in finding the best ways to curb climate change globally. Meeting the targets of the Paris Agreement requires new solutions for reducing emissions, and involving

Bestinver Gestion, S.A. SGIIC's indirect holdings in Tikkurila decreased to 4.948 percent

Tikkurila OyjMajor Shareholders Announcement8 December 2020 at 1.00 p.m. (EET) Tikkurila Oyj (business ID 0197067-4) has on December 2, 2020, received a notification pursuant to the Finnish Securities Markets Act, Chapter 9, Section 10, from Bestinver Gestion, S.A. SGIIC. The holding of the funds and accounts managed by Bestinver Gestion, S.A. SGIIC in shares of Tikkurila Oyj has decreased below the 5% threshold due to trades executed on December 1, 2020. Following the announcement, the indirect holdings of Bestinver Gestion, S.A. SGIIC in Tikkurila Oyj amount to 2,182,610

Veidekke rated A by CDP for third consecutive year

Veidekke has once again received the top rating A for its reporting on greenhouse gas emissions and climate risk. The construction group sees the recognition from CDP as inspiration to sharpen its efforts.“For the third consecutive year, Veidekke has been awarded CDP’s top rating, confirming that we are on a steady course towards reducing our greenhouse gas emissions and climate risk. Since agreeing to the Paris Agreement's climate goals five years ago, we have worked to reduce emissions from our operations. From 2021 onwards, we confirm our commitment by setting a carbon budget, which will

Lundbeck is ranked as one of the world’s leading companies for climate efforts

Lundbeck has been recognized for leadership in corporate sustainability by Carbon Disclosure Project, thereby securing a place on the prestigious A-List for companies worldwide.H. Lundbeck A/S (Lundbeck) is among the leading companies when it comes to climate action and disclosing efforts according to a new ranking published by the global organization Carbon Disclosure Project (CDP). The ranking acknowledges the actions being made by Lundbeck to reduce CO\2\-emissions and energy consumption, and positions Lundbeck among the 3 percent best companies globally within climate action and

Valmet recognized in CDP's climate program ranking

Valmet Oyj's press release on December 8, 2020 at 12:15 p.m. EETValmet has been recognized for its actions and strategy to mitigate climate change by receiving the second-best A- rating and maintaining its leadership position in CDP's climate program ranking. CDP's evaluation is based on the company's disclosure about its actions in the last reporting year to develop the low-carbon technology and solutions, cut emissions and mitigate climate risks. Valmet has a systematic program to reduce CO2 emissions in its own operations with a focus on energy-efficiency improvements, the use of

Essity recognized by CDP with prestigious ‘A’ score for sustainability

Hygiene and health company Essity has been recognized for its leadership in corporate sustainability by global environmental non-profit CDP, securing a place on its prestigious ‘A List’ for tackling deforestation. Essity is one of a very small number of high-performing companies out of 5,800+ that were scored. Through significant demonstrable action to tackle deforestation in its supply chain and source more sustainable commodities, Essity is leading on corporate environmental ambition, action and transparency worldwide.Essity is also taking a leading role in management of carbon and

Ingka Group recognised with prestigious ‘A’ score for climate change

Ingka Group has been recognised for leadership in corporate sustainability by global environmental non-profit CDP, securing a place on its prestigious ‘A List’. Being on the CDP A list is a recognition of Ingka Group’s efforts to tackle climate change and signals that the company is taking the steps regarded as best practice when it comes to corporate climate action.Ingka Group was recognised for its actions  to cut emissions, mitigate climate risks and develop the low-carbon economy, based on the data reported by the company through CDP’s

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BillerudKorsnäs recognized for leadership in climate action

BillerudKorsnäs’ contribution to the low-carbon economy and actions to cut emissions have been recognized by the global environmental non-profit CDP, when BillerudKorsnäs today secured a place on the prestigious ‘A List’ for tackling climate change.CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. In 2020, more than 5,800 companies were scored, and only the few top performing companies achieved a place on the ‘A-list’. - At BillerudKorsnäs we believe that combatting climate change is the most

CDP recognizes Electrolux climate and water action with double “A” score

Electrolux has been recognized for its sustainability leadership with a prestigious double “A” score by the global non-profit CDP. Electrolux is one of few companies to receive top marks both for its efforts to tackle climate change and acting to protect water security. For five years Electrolux has been on the CDP climate A list, whilst the place on the water A list is a first.CDP’s annual environmental disclosure and scoring process is a widely recognized measure of strong corporate environmental transparency. Over 5 800 businesses were scored based on data submitted through CDP’s

YIT to launch construction of the Järvenpää Bulevardikortteli block next spring

The new central block will launch the renewal of Järvenpää’s city centre by combining high-quality living, services and office spaces. The construction of the Bulevardikortteli block in Järvenpää’s city centre close to the train station will start in the spring 2021. The block, previously know as Osuuskauppa Perhelä, is a priority project in Järvenpää and plays a significant role in the development of the entire city centre area. Project planning has a long history behind it, and the construction of the hybrid block to be launched aims at renewing and enlivening the centre of Järvenpää

KONE awarded CDP 2020 ‘A’ score for corporate sustainability leadership

KONE Corporation, press release, December 8, 2020  KONE Corporation, a global leader in the elevator and escalator industry, has been awarded a place on CDP's prestigious 2020 ‘A List’ for its work in tackling climate change. The company has again been recognized for its actions to cut emissions, mitigate climate risks and develop a low-carbon economy. More than 5,800 companies were scored and KONE ranks among a small number of high-performers from that group.Being a leader in sustainability has long been a strategic target for KONE. The company has a key role in making

A breakthrough in solar-powered water infrastructure: Dutch Climate Fund Managers and Finnish Solar Water Solutions to provide clean water for 400 000 Kenyans

A Dutch based blended finance manager Climate Fund Managers (CFM) has agreed to co-finance and co-develop the installation of up to 200 desalination units in Kitui County, Kenya. The systems are based on an innovation by Solar Water Solutions, a Finnish water technology company that has solved how to make clean water with solar power, with the lowest energy consumption in the market. The parties now start piloting a project that eventually aims to provide clean water made of brackish ground water for 400 000 Kenyans by 2023. The total funding opportunity is estimated to be up to USD 15

Castellum wins third sustainability award in a short time

Success continues for Castellum's sustainability efforts. Today, for the first time, we receive the highest rating in CDP, the database where stock market analysts and equity managers retrieve climate data on close to 10,000 international companies. “We are members of a fairly exclusive club that includes a handful of real estate companies around the world. But the most important thing is to demonstrate how both small and large companies can make a tangible difference in the most important challenge of our time”, says Henrik Saxborn, CEO of Castellum.CDP (Carbon Disclosure Project) is an

Detection Technology certified as a High and New Technology Enterprise (HNTE) in China

Detection Technology Plc company announcement 8 December 2020 at 12:00 (EET) Detection Technology certified as a High and New Technology Enterprise (HNTE) in China Chinese authorities have approved Detection Technology’s application for High and New Technology (HNTE) certification, and it’s Beijing-based subsidiary is granted a HNTE classification. Among other benefits, the HNTE status will reduce the subsidiary’s corporate income tax (CIT) rate from current 25% to 15%. The financial impact to the group’s net profit in January-September 2020 is estimated to be around 350 thousand

CDP recognises UPM with an outstanding triple ‘A’ score for its environmental performance

(UPM, Helsinki, 8[th] December 2020 at 12:00 EET) – CDP, a global non-profit organisation, has recognised UPM as one of the world’s Triple A List companies for tackling climate change and taking actions to ensure sustainable forest management and water security. Only ten out of more than 5,800 companies were able to receive a Triple A recognition and UPM got it for the second year in a row. “As a forest and bio products company, receiving an A on Climate, Forest and Water is an extremely valuable recognition. In January, we signed the UN Business Ambition for 1.5°C with commitment to

Using lignin for greener asphalt

NCC and RISE Research Institutes of Sweden have commenced collaboration to test the renewable raw material lignin as a binding agent in asphalt. The project is part of the efforts to reduce emissions of greenhouse gases and dependence on fossil products.- By replacing fossil raw materials with renewables, we will reduce greenhouse gas emissions from road construction and maintenance, while also broadening the range of raw materials for our end product. In this project, we see potential to reduce carbon emissions by up to 20 percent for finished asphalt and we are now set to test and

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