Sourcing Renewables | Page 32

Morgan Stanley Investment Management (MSIM) announced that it completed a first close for the 1GT climate private equity strategy (1GT) at $500 million of equity capital commitments.

Equinix, Inc., a digital infrastructure company, announced its leadership in environmental sustainability, having achieved a 96% renewable energy coverage of its operational load for 2022, reflecting a 10% year-over-year increase in renewable energy procurement.

Intel, a semiconductor chip manufacturer, announced its growth of alternative and renewable electricity installations, with usage at 93% in 2022, up from 80% in 2021.

ICON plc, a healthcare intelligence and clinical research organization, revealed the progress it has made in advancing its sustainability goals in 2022, with 61.7% of electricity in 2022 sourced from renewables.

Shell Energy North America (US), L.P. and the Regents of the University of California are adopting the use of wind power from the SunZia Wind project.

The Wendy's Company 2022 Corporate Responsibility report details significant progress against the three key pillars of the Company's Good Done Right ESG strategy: Food, People and Footprint. The report reflects milestones on Wendy's® journey to drive positive change, including setting new goals to cut GHG emissions.

Emirates, an international airline, announced it committed US$200 million to fund research and development projects focused on reducing the impact of fossil fuels in commercial aviation.

Verizon Communications Inc. settled its fifth green bond offering of $1 billion with proceeds going toward renewable energy investments.

Microsoft will adopt the use of electricity from a fusion power plant that is expected to generate 50 MW or more.