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PENSANA PLC
Establishing a World-Class Sustainable Supply
of critical Rare Earths for the Green economy
Pensana Plc (LSE: PRE) (“Pensana” or “the Company”) today announces the Company has adopted a business plan to seek to establish, subject to funding, a world-class, independent and sustainable supply chain of the rare earth metals vital for electric vehicle, wind turbine and other strategic industries. This involves:
Pensana’s Chairman, commented:
Paul Atherley
“Saltend has the potential to become the first major separation facility to be established in over a decade – one of only three major producers outside – at a critical juncture when depends on for 98% of its rare earth magnets.
By Susanna Rust2021-04-21T14:29:00+01:00
A group of influential UK pension investors have developed a reporting tool to help them and other asset owners meet their responsible investment and stewardship requirements “efficiently and effectively”.
The pension funds worked with Chronos Sustainability, a consultancy, on the tool, which focuses on reporting obligations linked to the reporting and assessment framework for the Principles for Responsible Investment (PRI), and the Stewardship Code and implementation statements in the UK.
It maps the reporting requirements against each other, allowing users to identify elements of one set of reporting requirements that could meet another, and providing a checklist of requirements.
By Rachel Fixsen2021-04-19T15:13:00+01:00
Efforts by four major European pension funds and providers to persuade Toyota Motors to turn its back on negative climate lobbying have worked, two of the funds said, after an announcement from the Japanese car firm.
The Toyota Motor Corporation announced this morning that it would “continue to do its utmost to take on the challenge of achieving carbon neutrality by 2050”, by taking action such as promoting electric vehicles and electrification strategies.
“In addition, we will review public policy engagement activities through our company and industry associations to confirm they are consistent with the long-term goals of the Paris Agreement, and disclose our assessment and actions by the end of this year,” the company said.
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TOKYO Japan’s Toyota Motor Corp signaled a shift in its climate change stance on Monday, saying it would review its lobbying and be more transparent on what steps it is taking as it faces increased activist and investor pressure.
The carmaker came under scrutiny after siding with the Trump administration in 2019 in a bid to bar the state of California from setting its own fuel efficiency rules.
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Toyota “will review public policy engagement activities through our company and industry associations to confirm they are consistent with the long-term goals of the Paris Agreement,” it said in a statement, adding that actions will be announced by the end of this year.