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NESR and HSBC announce first sustainability-linked loan for MENA's oilfield services industry

By Press release on December 13, 2021
National Energy Services Reunited Corp. (“NESR” or “the Company”) (NASDAQ: NESR) (NASDAQ: NESRW), an international, industry-leading provider of integrated energy services in the Middle East and North Africa (“MENA”) region, has announced that the company has secured a sustainability-linked loan (SLL) with HSBC Bank Middle East – the first SLL of its kind within the […]
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IKEA to phase out plastic from consumer packaging by 2028

By Press release on November 28, 2021
IKEA will phase out plastic from consumer packaging solutions. The phase-out will happen in steps, starting with all new range by 2025, and existing range by 2028. With this phase-out, IKEA aims to reduce plastic waste and pollution, and drive the industry agenda to develop packaging solutions centred around renewable and recycled materials. Packaging is […]
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Etihad Airways chief says carbon offsets avoid the real challenge of cutting CO2

By Press release on November 22, 2021
Carbon offsets, used by airlines to show they’re neutralizing greenhouse gas emissions, avoid the real challenge of cutting back on carbon dioxide, Bloomberg reported, citing Tony Douglas,  CEO of Etihad Airways in an interview at the Dubai Airshow on Wednesday.   “It’s a short-term stopgap if you haven’t got a more sustainable alternative, but it’s […]
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DHL and TotalEnergies to develop solar project in Dubai

By Press release on October 14, 2021
DHL Global Forwarding, a leading provider of air, ocean and road freight services, and French energy major TotalEnergies have signed a contract for a solar energy project to produce over 14,000MWh of electricity per year in Dubai. The whole solar system will produce enough energy to power over 16,000 homes yearly in the UAE. In addition […]
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Bain & Company to reduce business travel emissions by 35 per cent per employee

By Press release on October 11, 2021
Bain & Company announced a set of bold new sustainability commitments. The firm pledged to further reduce its scope 1 and 2 emissions—from activities such as heating and powering its offices—by 30 per cent over the next five years, and it plans to reduce its scope 3 emissions from business travel by 35 per cent […]
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Talabat to pilot sustainable packaging in UAE and Qatar as part of wider global pilot

By Press release on July 29, 2021
Regional online food delivery and q-commerce platform Talabat has launched a sustainable packaging program to reduce plastic waste and carbon emissions across the region, starting with pilot operations in the UAE and Qatar. The launch is part of Delivery Hero’s (Talabat’s parent company) global rollout of the program, across eight markets. Talabat’s new packaging, which […]
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US Government confirms: electric vehicles cost 40% less to maintain

By Press release on July 26, 2021
It’s Official: US Government Says Electric Vehicles Cost 40% Less To Maintain The latest information from the US government shows battery-electric cars cost less to maintain than conventional cars, hybrids, and plug-in hybrids. We have heard it over and over again — electric vehicles cost less to own. The reasons are fairly obvious. A vehicle […]
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Schneider Electric implements predictive maintenance for Nestlé’s Dubai South factory

By Press release on July 13, 2021
Schneider’s Internet-of-Things and Cloud-Based technologies will help ensure that Nestlé Al Maha factory in the UAE avoids unplanned downtime, improves asset performance and optimizes electricity usage The Nestlé Al Maha factory in Dubai is benefiting from an innovative approach to the maintenance of its Low Voltage electrical machinery, thanks to technology from Schneider Electric. The solution is helping […]
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Farnek to compost 73 tonnes of staff food waste per annum

By Press release on June 10, 2021
Leading UAE-based smart and green facilities management (FM) company Farnek, is composting 125kg of food waste per day, at its state-of-the-art staff accommodation centre, Farnek Village. The resulting compost is then used to grow salad plants in the building’s vertical rooftop garden, helping the company to close the loop and create a circular economy. The […]
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Majid Al Futtaim and Yellow Door Energy to develop the largest private solar plant at Bahrain Mall

By Press release on June 10, 2021
Under the patronage of Dr. Abdul Hussain Bin Ali Mirza, President of the Sustainable Energy Authority (SEA), Majid Al Futtaim, the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa and Asia, has signed a 6.2 megawatt-peak solar power purchase agreement (PPA) with Yellow Door Energy, the leading solar developer for commercial and […]
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