Commercial | Page 89

The City of Santa Monica announced on Feb. 25 that it deployed a zero-emissions delivery zone within a one-square mile voluntary area by partnering with tech and delivery companies and community organizations.

Goldman Sachs announced March 4 that it achieved a fifth of its 2030 sustainable financing goal that it set in 2020, with $156 billion completed and $93 billion of that dedicated to climate transition.

Equinix announced Feb. 25 that it priced its second green bond offering for €1.1 billion to go toward advancing its sustainability initiatives and reducing its environmental impact.

Public companies have a responsibility to deliver long-term sustainable value, but the definition of that value has evolved beyond a return on investments for institutional and individual investors. In this column, Stacie Haas explains how Fifth Third Bank became the first regional commercial bank to achieve carbon neutrality, an achievement that wouldn’t have been possible without a strategic focus on ESG.

Kimco Realty Corp., which operators open-air, grocery-anchored shopping centers and mixed-use assets in North America, announced on Feb. 17 a series of five and ten-year goals that will guide the company’s ESG strategy.

New York City will soon be expanding the implementation of its energy efficiency, water conservation and clean energy programs for commercial buildings through a $30 million contract.

Anheuser-Busch InBev announced Feb. 18 that it signed a new $10 billion Sustainability Linked Loan Revolving Credit Facility that will contribute to it achieving its goals in renewable energy and emissions reduction.

IBM announced Feb. 16 that it is committed to achieving net zero greenhouse gas emissions by 2030.

Twenty new companies have added their names to Amazon's The Climate Pledge, including IBM, Iceland Foods, Johnson Controls and Ørsted.