CSR Posts

Capgemini report: Only 12% of executives confirm their organizations measure Gen AI’s footprint

 

Read More     [[{“value”:”The Capgemini Research Institute’s report into the sustainability of generative AI, ‘Developing sustainable Gen AI’ uncovered that only 12% of executives confirm that their organizations measure Gen AI’s footprint, and just 20% rank the environmental footprint of Gen AI among the top five factors when selecting or building models. Developing Sustainable Gen AI is based on
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CSR Posts

36 Egyptian universities in 2024 UI GreenMetric World University Rankings

 

Read More     [[{“value”:”Thirty-six Egyptian universities were placed among  1,477 institutions across 95 countries, in the 2024 UI GreenMetric World University Rankings against 26 Egyptian universities last year. This year, the UI GreenMetric World University Rankings have introduced a new theme, “Doing Sustainable Development Goals in Higher Education: The Story of Our Institution and Society”. This will continue to
The post 36 Egyptian universities in 2024 UI GreenMetric World University Rankings appeared first on Csr Egypt.”}]] 

CSR Posts

Ingka to invest about EUR 1 bn in companies increasing recycling infrastructure

 

Read More     [[{“value”:”Ingka Investments, the investments arm of Ingka Group, the largest IKEA retailer, aims to invest about EUR 1 billion in companies that are increasing recycling infrastructure. Every year, the global economy consumes 75% more natural resources than the Earth can regenerate. This generates tremendous amounts of waste, yet less than 20% of waste is recycled.
The post Ingka to invest about EUR 1 bn in companies increasing recycling infrastructure appeared first on Csr Egypt.”}]] 

CSR Posts

Germany contributed EUR 278.4 m to WFP humanitarian aid, development programs in MENA in 2024

 

Read More     [[{“value”:”Germany provided a critical lifeline for millions across the Middle East and North Africa (MENA) in 2024 contributing EUR 278.4 million to the United Nations World Food Program (WFP) to support its emergency humanitarian assistance and long-term development programs in the region. This significant funding contribution comes during a particularly challenging year for the region
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CSR Posts

Honeywell survey: 35% of major retailers plan to significantly increase their AI investment

 

Read More     [[{“value”:”Thirty-five percent of major retailers plan to significantly increase their AI investment, according to a survey conducted by Honeywell. Honeywell released the findings of its AI in Retail Survey, which found that more than 8 out of 10 retailers plan to increase use of automation and artificial intelligence (AI) across their operations to adapt to
The post Honeywell survey: 35% of major retailers plan to significantly increase their AI investment appeared first on Csr Egypt.”}]] 

CSR Posts

Mars takes immediate action to support people, pets affected by California wildfires

 

Read More     [[{“value”:”Mars has taken immediate action to support people and pets in communities impacted by the wildfires in southern California by contributing monetary donations to non-profit organizations, including The American Red Cross, World Central Kitchen, Feeding America, and Greater Good Charities. Mars also distributed in-kind human and pet food product donations from its Ben’s OriginalTM, KIND
The post Mars takes immediate action to support people, pets affected by California wildfires appeared first on Csr Egypt.”}]] 

CSR Posts

World Bank, AfDB team up for Mission 300 initiative meant to deliver electricity to 300 million Africans

 

Read More     [[{“value”:”The World Bank Group (WBG) and the African Development Bank (AfDB) committed to delivering electricity to 300 million Africans by 2030 – an initiative called Mission 300. Several partners, like The Rockefeller Foundation, the Global Energy Alliance for People and Planet (GEAPP), the Energy Sector Management Assistance Program (ESMAP), the Sustainable Energy Fund for Africa
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CSR Posts

Gates Foundation’s largest-ever budget at $8.74 bn in 2025 to help live healthy, productive life

 

Read More     [[{“value”:”The Gates Foundation board approved the largest budget in its history with a budget of $8.74 billion in 2025 as it continues working toward a world where everyone, everywhere, deserves the chance to live a healthy, productive life. Marking the 25th anniversary, the foundation’s budget is in line with the foundation’s commitment to reach overall annual distributions
The post Gates Foundation’s largest-ever budget at $8.74 bn in 2025 to help live healthy, productive life appeared first on Csr Egypt.”}]] 

CSR Posts

IFC’s largest-ever social bond raises $2bn, rated as “excellent” by Sustainable Fitch

 

Read More     [[{“value”:”The International Finance Corporation (IFC)’s largest-ever social bond issuance, raising $2 billion with an $11 billion order book, received an “excellent” rating from Sustainable Fitch. The IFC, a member of the World Bank Group, issued the three-year social bond to support low-income communities in emerging markets. The transaction represents IFC’s largest ever social bond, and
The post IFC’s largest-ever social bond raises $2bn, rated as “excellent” by Sustainable Fitch appeared first on Csr Egypt.”}]] 

CSR Posts

49% of EBRD’s record investment in Egypt, five other SEMED states was in green economy

 

Read More     [[{“value”:”Egypt primary recipient of EBRD investments in SEMED with the bank’s commitment of almost €1.5 bn to 26 out of its 50 new projects in Egypt About 49% of the European Bank for Reconstruction and Development (EBRD)’s record investment in the southern and eastern Mediterranean (SEMED) region went to green economy in 2024, with 55
The post 49% of EBRD’s record investment in Egypt, five other SEMED states was in green economy appeared first on Csr Egypt.”}]] 

CSR Posts

CIF’s CCMM bond for financing climate action raises $500m; six times over-subscribed

 

Read More     [[{“value”:”The Climate Investment Funds (CIF)’s Capital Markets Mechanism (CCMM), rated by Fitch and Moody’s (AA+/Aa1), made its market debut as an innovative issuer focused on mobilizing finance for climate action and sustainable development. Its inaugural bond raised $500 million on the back of an orderbook totaling more than $3 billion from investors around the world.
The post CIF’s CCMM bond for financing climate action raises $500m; six times over-subscribed appeared first on Csr Egypt.”}]] 

CSR Posts

Amazon commits $ 10 m to relief efforts as wildfires hit Los Angeles

 

Read More     [[{“value”:”Amazon has committed $10 million to help communities impacted by the recent Los Angeles wildfires. Amazon said its commitment will go directly to national and local disaster and response organizations, including the American Red Cross of Southern California, FireAid, MusiCares Fire Relief Effort, World Central Kitchen, Los Angeles Fire Department Foundation, Habitat for Los Angeles
The post Amazon commits $ 10 m to relief efforts as wildfires hit Los Angeles appeared first on Csr Egypt.”}]] 

CSR Posts

Egypt’s Abouleish among 100 Most Influential Africans 2024 in civil society  

 

Read More     [[{“value”:”Egypt’s Helmy Abouleish, a prominent figure in the field of sustainable agriculture, particularly known for his pioneering work in biodynamic farming, was named among the 100 Most Influential Africans 2024 in the civil society category. As CEO of the SEKEM, Abouleish has grown and transformed the organization founded by his father, Ibrahim Abouleish, into a
The post Egypt’s Abouleish among 100 Most Influential Africans 2024 in civil society   appeared first on Csr Egypt.”}]] 

CSR Posts

PIK: Pricing GHG-intensive food could cut agricultural emissions by 22%

 

Read More     [[{“value”:”A study – by the Potsdam Institute for Climate Impact Research (PIK) – suggests that pricing greenhouse gas-intensive foods could help meet climate targets for agriculture while generating over 8.2 billion Euros annually. If these funds were redistributed to households through a lump-sum compensation scheme, it would ease the financial burden on households, especially those
The post PIK: Pricing GHG-intensive food could cut agricultural emissions by 22% appeared first on Csr Egypt.”}]] 

CSR Posts

Report: Investing in resilient transport in low, middle-income countries yields $4.2 trln in net benefits

 

Read More     [[{“value”:”Investing in resilient transport in low- and middle-income countries (LMICs) requires $417 billion annually between 2015-2030 (1.3% of GDP), yet yields $4.2 trillion in net benefits, offering $4 return for every $1 invested, according to a report by the World Bank. While global climate financing reaches $1.27 trillion annually, the transport sector only receives $336
The post Report: Investing in resilient transport in low, middle-income countries yields $4.2 trln in net benefits appeared first on Csr Egypt.”}]] 

CSR Posts

What are emerging trends in climate litigation? 

 

Read More     [[{“value”:”There are emerging and innovative trends in climate litigation as activists and citizens worldwide are increasingly turning to courts for climate solutions. Key trends of climate litigation include human rights-related to environmental assets and protections, intergenerational equity, corporate accountability, and innovative legal concepts, said UNDP Regional Director for Asia and the Pacific Kanni Wignaraja. As
The post What are emerging trends in climate litigation?  appeared first on Csr Egypt.”}]] 

CSR Posts

Report: Around 17 million electric cars sold over in 2024

 

Read More     [[{“value”:”The transition to electric mobility continues to advance rapidly, reshaping global energy and auto markets. Electric car sales in 2024 are anticipated to be robust, with around 17 million units sold over the course of the year. More than one in five cars sold worldwide this year is expected to be electric, according to a report issued
The post Report: Around 17 million electric cars sold over in 2024 appeared first on Csr Egypt.”}]] 

CSR Posts

Vodafone cuts carbon footprint of its media, advertising by over 1/3 in one year

 

Read More     [[{“value”:”Vodafone has reduced the carbon footprint of its media and advertising activities by more than a third in a year across thirteen markets in total after benchmarking its media-related greenhouse gas (‘GHG’) emissions and introducing global guidelines to mitigate them. Vodafone’s award-winning Sustainable Media Program was established in October 2022 to deliver emission reductions across
The post Vodafone cuts carbon footprint of its media, advertising by over 1/3 in one year appeared first on Csr Egypt.”}]] 

CSR Posts

Egypt taking major strides towards green growth, SDGs..Recommended future actions

 

Read More     [[{“value”:”Advancing towards a green economy has received significant traction as part of Egypt’s commitment to achieving the Sustainable Development Goals (SDGs). Egypt’s Vision 2030 promotes an integrated approach towards sustainable development. The government is committed to promoting an investment-friendly climate to turn environmental challenges into opportunities. It aims to allocate all its public investments to green
The post Egypt taking major strides towards green growth, SDGs..Recommended future actions appeared first on Csr Egypt.”}]] 

CSR Posts

NOAA: 403 weather, climate disasters hit US in 2024 at total cost exceeding $2.915 trln

 

Read More     [[{“value”:”The US has sustained 403 separate weather and climate disasters in 2024 at total cost exceeding $2.915 trillion, according to the National Centers for Environmental Information of the US’ National Oceanic and Atmospheric Administration (NOAA). The 2024 was a near-record tornado year. NOAA’s Storm Prediction Center continues to confirm the tornadoes that occurred during 2024;
The post NOAA: 403 weather, climate disasters hit US in 2024 at total cost exceeding $2.915 trln appeared first on Csr Egypt.”}]] 

CSR Posts

World Banks issues EUR 3 bn 10-year sustainable development bond

 

Read More     [[{“value”:”The World Bank priced a 10-year euro-denominated benchmark bond maturing in January 2035, raising EUR 3 billion. The transaction attracted over 120 orders totaling over EUR 6 billion, appealing to investors across Europe and in Asia. The bond priced with a final spread to euro mid-swaps of +47 basis points and an equivalent annual yield
The post World Banks issues EUR 3 bn 10-year sustainable development bond appeared first on Csr Egypt.”}]] 

CSR Posts

Report: About $55 bn needed in upfront investment for universal energy access each year

 

Read More     [[{“value”:”Around $ 55 billion in upfront investment is needed each year for universal energy access by 2030, around two-thirds of which is required in sub-Saharan Africa, according to the World Energy Outlook 2024. This is less than 2% of current annual energy spending. Current investment levels are just below $ 10 billion annually. This is
The post Report: About $55 bn needed in upfront investment for universal energy access each year appeared first on Csr Egypt.”}]] 

CSR Posts

Report: 170 million new jobs by 2030..40% of skills required on jobs set to change

 

Read More     [[{“value”:”The Future of Jobs Report 2025, published by the World Economic Forum,  said that 170 million new jobs projected to be generated by 2030 with about 40% of skills required on jobs set to change. The report revealed that job disruption will equate to 22% of jobs by 2030, with 170 million new roles set to
The post Report: 170 million new jobs by 2030..40% of skills required on jobs set to change appeared first on Csr Egypt.”}]] 

CSR Posts

HERE, Amazon engage in $1 bn deal to support AI-powered, live streaming map

 

Read More     [[{“value”:”HERE Technologies (HERE) and Amazon Web Services, Inc. (AWS) have been engaged in 10-year, $1 billion cloud infrastructure agreement to support AI-powered, live map and location services for automotive, transportation, logistics, and mobility companies globally. This collaboration will advance Software-Defined Vehicle (SDV) development and combining AWS technologies with HERE mapping solutions will help accelerate the
The post HERE, Amazon engage in $1 bn deal to support AI-powered, live streaming map appeared first on Csr Egypt.”}]] 

CSR Posts

UVA: 2024 warmest year on record

 

Read More     [[{“value”:”Earth reached its warmest year on record in 2024, the University of Virginia (UVA) said, quoting data from the European Union’s Copernicus Climate Change Service, Europe’s leading environmental monitoring program. The service found that last year was the first to exceed the 1.5 degrees Celsius (2.7 F) limit above the pre-industrial average set by the 2015
The post UVA: 2024 warmest year on record appeared first on Csr Egypt.”}]] 

CSR Posts

Orange Egypt named best telecom company for CSR in Africa

 

Read More     [[{“value”:”Orange Egypt alongside the French consulting firm Sofrecom, part of Orange Group, copped “Telecom Review Leaders’ Summit” Award as the Best Telecom Company for “Corporate Social Responsibility” in Africa. Orange Egypt deserved the award for its dedication to achieving the ambitious climate goal of reaching net-zero carbon emissions by 2040, an impressive decade ahead of
The post Orange Egypt named best telecom company for CSR in Africa appeared first on Csr Egypt.”}]] 

CSR Posts

WB earmarks  $5.1m for Chile to cut 1.03 m tons of CO2 emissions

 

Read More     [[{“value”:”The World Bank’s Forest Carbon Partnership Facility (FCPF) earmarked $5.1 million to Chile with an aim of cutting 1.03 million tons of carbon emissions from deforestation and forest degradation (REDD+). This marks the first payment under Chile’s Emission Reductions Payment Agreement (ERPA) with FCPF, which provides access to up to $26 million for reducing 5.2 million
The post WB earmarks  $5.1m for Chile to cut 1.03 m tons of CO2 emissions appeared first on Csr Egypt.”}]] 

CSR Posts

Cirkula app for cutting food waste in Peru saves $ 300,000, cuts CO2 emissions

 

Read More     [[{“value”:”Cirkula app that was launched in Peru to address the food waste issue has rescued 45,000kg of food, reduced 100,000 kilograms of CO2 emissions, and saved $ 300,000. Cirkula demonstrates the potential of innovative solutions in addressing critical climate challenges by combining environmental impact with economic benefits. The app allows restaurants and retailers to sell
The post Cirkula app for cutting food waste in Peru saves $ 300,000, cuts CO2 emissions appeared first on Csr Egypt.”}]] 

CSR Posts

Recycling For Sustainable Electricity Is The Key For Future Generations

 

Read More     [[{“value”:”Our planet has numerous resources, but they are NOT unlimited resources. What’s the future of humanity 100 to 500 years from now, after humans have extracted the oil,  coal, lithium, cobalt and other resources from the 4.5-billion-year-old Earth? Worldwide crude oil consumption is currently estimated at roughly 96.5 million barrels per day. According to OPEC, global
The post Recycling For Sustainable Electricity Is The Key For Future Generations appeared first on Csr Egypt.”}]] 

CSR Posts

New study identifies overlooked processes to limit carbon emissions from ocean

 

Read More     [[{“value”:”A new study – conducted by the University of Manchester and the University of Leeds – has identified two overlooked processes that play a dominant role in preserving organic carbon beneath the ocean floor; Sorption which the uptake of carbon by minerals and molecular transformation – the conversation of smaller, reactive molecules into larger, less
The post New study identifies overlooked processes to limit carbon emissions from ocean appeared first on Csr Egypt.”}]] 

CSR Posts

UK’s flights set to be greener as SAF Mandate comes into effect

 

Read More     [[{“value”:”Flights are set to be greener as the UK’s ambitious Sustainable Aviation Fuel (SAF) Mandate officially comes into force as of January 2025. SAF is made from sustainable sources, such as materials like household waste or used cooking oil and produces an average of 70% less carbon emissions than traditional fossil-based aviation fuel. By law, this type
The post UK’s flights set to be greener as SAF Mandate comes into effect appeared first on Csr Egypt.”}]] 

CSR Posts

Survey: 80% of asset managers, asset owners see sustainability as path for pursuing growth opportunities

 

Read More     [[{“value”:”A majority (80%) of asset managers and asset owners see sustainability as a path for pursuing growth opportunities, according to a survey conducted by the Morgan Stanley Institute for Sustainable Investing. The survey – covering more than 900 institutional investors globally during July and August 2024 – found that almost eight in 10 asset managers (78%)
The post Survey: 80% of asset managers, asset owners see sustainability as path for pursuing growth opportunities appeared first on Csr Egypt.”}]] 

CSR Posts

UNDP: Green bonds surpass $1 trillion in annual issuance

 

Read More     [[{“value”:”Green bonds have surpassed $1 trillion in annual issuance, showing the financial viability of sustainability-focused products, Director of the Bureau for Policy and Program Support of the according to the United Nations Development Program (UNDP) Marcos Neto wrote. Nature-based solutions — such as forest conservation and land restoration — are gaining traction as investment opportunities, offering
The post UNDP: Green bonds surpass $1 trillion in annual issuance appeared first on Csr Egypt.”}]]