Author: omc_admin

• Five-year HKD 1.5 billion ($193 million) multi-currency sustainability-linked loan ties terms to social value creation across Nan Fung Group’s Hong Kong portfolio.• First financing structure from the Group to embed a social value Key Performance Indicator, tracking HKD 46.6 million in measured impact as of March 2025.• Deal strengthens Hong Kong’s sustainable finance agenda as the city expands policies backing carbon neutrality, tenant transition schemes, and community-focused ESG instruments. Hong Kong formalises a new direction in social value finance DBS Hong Kong and the Nan Fung Group have closed a five-year, multi-currency sustainability-linked loan valued at HKD 1,500 million,…

• Countries operationalized the Tropical Forest Forever Facility, the largest forest-finance mechanism ever established, and advanced land-tenure commitments covering 160 million hectares.• New coalitions on bioeconomy development, jurisdictional REDD+ and integrated fire management moved global climate policy deeper into implementation.• Youth and Indigenous leaders shaped negotiations as adaptation finance, methane mitigation and regenerative agriculture advanced across multiple tracks. Day 8 at COP30 brought nature to the center of global climate action, with governments and partners advancing one of the most comprehensive packages of forest finance, land-tenure reform, fire-management coordination and bioeconomy investment ever presented at a UN climate summit. Delegates…

Golden Pass LNG Terminal LLC has reached an agreement with Chiyoda International Corp and McDermott LLC to amend the engineering, procurement and construction (EPC) terms for the second and third trains of the Texas project owned by QatarEnergy and Exxon Mobil Corp. Yokohama-based Chiyoda, Houston-based McDermott and San Antonio-based Zachry Holdings Inc (ZHI) won the contract 2019. However, ZHI filed for Chapter 11 bankruptcy last year, leading to a court-approved settlement that allowed ZHI to exit the contract. The EPC terms for Train 1 had been amended late last year, as announced by Chiyoda November 25, 2024. Earlier this year…

Angola’s Minerals and Petroleum Minister, Diamantino Azevedo, called on the mining industry regulators to accelerate the permitting phase of new projects as one of Africa’s top oil producers looks to attract investments in critical minerals mining. Azevedo said that the country needs to attract greater investment, support small and medium-sized enterprises (SMEs), and closely monitor projects that are not in the production phase yet, at a meeting with the regulatory bodies, including the Angolan National Agency of Mineral Resources, ANRM. Angola also plans to create a digital mining registry to boost transparency and efficiency in decision-making and mineral rights awards. The country will…

• Morningstar Sustainalytics appoints a new head of climate and nature solutions to accelerate research, data and investor-facing tools.• The role carries responsibility for next-generation climate and biodiversity analytics, including physical risk and value-at-risk modelling.• Move comes as global regulators press investors for deeper climate-nature integration across portfolios and disclosures. London appointment reflects rising global scrutiny of climate–nature risks Morningstar Sustainalytics has appointed Jodie Tapscott as head of climate and nature solutions, a newly elevated role that concentrates on the intersection of climate mitigation, adaptation, and nature risk. Tapscott will be based in London and report to David Pagliaro, the…

Gartner has released its 2025 Healthcare Supply Chain Top 25 list, highlighting U.S. health systems that are improving performance, cutting costs, and using technology more effectively across their supply chains. What’s RelatedAdventHealth landed the No. 1 spot for the second year in a row. Stanford Medicine, Bon Secours Mercy Health, Rush University System for Health, and Corewell Health rounded out the top five. Two major names made the list for the first time — NewYork-Presbyterian and Mass General Brigham. The rankings focus on healthcare systems such as hospitals, not pharmaceutical or medical device companies, which are tracked separately in Gartner’s life…

Oversupply Concerns Temper Oil Prices Forecast Prices recovered modestly in early trade, but the upside remained restrained as headlines suggested the U.S. had pushed Ukraine to consider a Washington-drafted framework that would end the war with Russia in exchange for concessions. Traders interpreted the report as a potential path toward reduced sanctions on Russian crude, which could release additional supply into an already well-stocked market. That prospect weighed on sentiment given simultaneous increases in tanker-held crude and higher output from major producers. ING analysts noted that Ukraine was unlikely to accept the framework as presented, but they acknowledged that U.S.…

• M&S launches RE:Spark to expand renewable electricity adoption across fashion suppliers in Asia and Turkey.• Partnership with Schneider Electric provides digital tools, advisory services, and aggregated PPA access for smaller suppliers.• Initiative forms a core component of M&S’s Plan A strategy to reach net zero emissions across its value chain by 2040. M&S Launches Global Renewable Electricity Push Marks & Spencer has introduced a new supply chain decarbonization program aimed at driving renewable electricity adoption across its global fashion network, marking one of the retailer’s most targeted interventions to date under its Plan A climate strategy. The initiative, known…

Phillips 66 has won a three-year contract to deliver over 240,000 metric tons of sustainable aviation fuel (SAF) to DHL Group. “The SAF will be produced at Phillips 66’s Rodeo Renewable Energy Complex in California, one of the world’s largest renewable fuels facilities with a production capacity of 150 million gallons per year of neat SAF (i.e. SAF that is not blended with conventional jet fuel)”, DHL said in an online statement. The bulk of the supply is for the Los Angeles International Airport, “with future intended deliveries to other West Coast airports where DHL maintains operations, such as San…

The European Commission announced today the release of a series of major proposed updates to its Sustainable Finance Disclosure Regulation (SFDR), aimed at helping investors to more easily identify and invest in line with their sustainability preferences, and to simplify compliance and reporting requirements for asset managers and pension funds. Among the most significant changes to the SFDR proposed by the Commission are the introduction of new categories for funds based on their sustainability or transition characteristics, and reduced disclosure obligations for financial markets participants. The Sustainable Finance Disclosure Regulation, in application since 2021, sets out how financial market participants,…