Sustainability Bulletin - 12.26.2022

Dear Friends,

We have prepared a condensed bulletin for you based on news, articles, and developments that recently took place around the globe about Sustainability.

Here’s what happened last week in our Sustainable World;

?Follower Robot: Service robots are now an $11 billion industry, according to the International Federation of Robotics, with nearly 200 new fleets launched during the pandemic. Most of those bots are in hospitals — assisting in surgery, for example — and many can be found trundling around warehouses and factories. But Gitamini wasn’t designed to pack boxes, pick oranges or strip minerals from treacherous mines. It has a more straightforward mission: to forestall short car trips. According to government statistics, Americans make nearly four such trips per day on average, and 35% of them are less than two miles. Gita — Italian for “trip” — hopes to be a 28-pound solution to a 5,000-pound problem. Read more: https://bit.ly/3PWTBUP

?Sustainable Toothpaste: The Colgate-Palmolive Company announced a partnership with the National Aeronautics and Space Administration (NASA) which will see the toothpaste mavens and the space program investigate how astronauts might live in a hygienically sustainable manner. The partnership will explore innovative products that are at once sustainable and suitable for space travel. At the top of the list of products are waterless tablets instead of traditional teeth cleaning products and compact sustainable packaging technology that can be used at low orbit. Read more: https://bit.ly/3FW7yxE

?Sustainable Home: GoodLeap, LLC, America's leading digital marketplace for sustainable home solutions, announced the closing of GoodLeap Sustainable Home Solutions Trust 2022-4, the 15th securitization of loans originated by GoodLeap. Lime Residential, Ltd. (a Credit Suisse affiliate) sponsored the transaction and Credit Suisse Securities (USA) LLC, Citigroup Global Markets Inc., and Goldman Sachs & Co. LLC served as joint book-runners. The transaction is backed by $390 million of solar and sustainable home efficiency loans originated on the GoodLeap platform. The securitization received ratings from S&P Global Ratings and Kroll Bond Rating Agency. Read more: https://bit.ly/3ViEaaI

?Clean Power: India unveiled a 2.44 trillion rupee (S$40.2 billion) plan to build transmission lines to connect renewable generation, as it aims to nearly triple its clean-power capacity by 2030. The project will connect solar plants in the sun-drenched deserts of Rajasthan and Gujarat and wind farms in Tamil Nadu to the national network, the power ministry said in a statement. Read more: https://bit.ly/3veNRwa

?Sustainable Aviation Fuel: As the world is moving towards garnering energy support from cleaner sources, American plane maker Boeing, said on Sunday that India is a priority country for its ambitious program which aims to decarbonize aerospace globally from both civilian and military aircraft. This is part of the company's efforts to chalk out a path toward a sustainable future. The company's senior official claimed that it can fly on 100% Sustainable Aviation Fuel (SAF) by the year 2030. Read more: https://bit.ly/3vfSA0D

?Sustainable Venture: Business owner Colm Crowley said he has been in the Christmas tree business for 25 years, but last year decided to do something different, and take a chance on a more sustainable venture. After a hugely successful first year in 2021, Cork-based Christmastree.ie is once again offering Pot Grown Christmas Trees to rent and to buy, an eco-friendly choice that allows you to take home a living tree for Christmas and give it a life beyond the end of the festive season. Read more: https://bit.ly/3WyI00r

?Global Banking: The global banking and payments industry experienced a 14% rise in new job postings related to environmental sustainability in Q3 2022 compared with the previous quarter, according to GlobalData’s Jobs Analytics. This compares to a 14% increase in the previous quarter and a 167% increase compared to Q3 2021. Notably, Software and Web Developers, Programmers, and Testers jobs accounted for a 4% share of the global banking and payments industry’s environmental sustainability-related total new job postings in Q3 2022, down 6% over the prior quarter. Read more: https://bit.ly/3hV2Ok3

A Sustainable World is possible! ??

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