Hong Kong New World Development (NWD) real estate developer, owner of the K11 properties, became the first real estate developer in the world to sell a US dollar-based sustainability bond (SLB) last Friday.
In doing so, the company has raised US $ 200 million and has also committed to achieving 100% renewable energy for its rental properties in the Grande Baie region over the next five years. Thus, K11 will use more solar panels and wind turbines to generate electricity in the future. This decision will also benefit fashion brands that are committed to sustainable development in their activities and help fashion brands achieve their mission of renewable energy in stores.
NWD maintained a 5-star rating (the highest) on the Global Real Estate Sustainability Benchmark (GRESB) in 2019 and 2020. “Companies must take timely action to tackle climate change,” said the CEO Adrian Cheng.
Green branding is not new, but cooperation between brands and developers is increasing as fashion brands are the biggest tenants of these malls and fashion brands seem to value sustainability more than ever. . They are looking for greener places to set up their stores.
The action is linked to the fact that the industry was named the second most polluting industry by the United Nations Conference on Trade and Development (UNCTAD) in 2019. Within a year, the brands of Global fashions have rushed into fashion to issue trendy and greener bonds.
Chanel announced in September 2020 to have raised 600 million euros via an SLB, the first of the fashion brands. Thus, Chanel must use 100% renewable electricity by 2025 in all of its stores, which pushes it to seek places with high-tech and renewable energy missions to help achieve the goal.
British rival Burberry announced its own SLB in the same month and aims to achieve a climate neutrality target by 2022.
In a time of pandemic and financial turmoil, ESG (environment, sustainability and governance) commitments have injected not only greener energy, but real money into the fashion industry as well. Ferragamo obtained a loan of 250 million euros for its ESG objectives in June 2020. Moncler obtained a loan commitment of 400 million euros in July 2020. And Prada signed a contract with Crédit Agricole for a loan of sustainability in November 2019.
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]