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Wilo Group announces climate neutral production site overhaul - Heating and Ventilation News

Heating and Ventilation News The opening of a new production site and HQ in Dortmund is expected to serve as a template for more environmental manufacturing across the company’s estates Germany-based pump manufacturer Wilo Group has opened a new ‘climate neutral’ manufacturing site and headquarters in Dortmund as part of a focus on sustainable manufacturing. The company’s Wilopark site is designed to cut energy consumption by around 40 per cent, while CO2 emissions are also set to fall by 3,500 tonnes a year. This is equivalent to levels of the gas absorbed by 280,000 trees, according to the manufacturer. The new site, which was opened with a digital launch event attended by German Chancellor Angela Merkel, represents a €300m (£258m) investment into more sustainable production by the manufacturer.

Ascott Residence Trust Is The First Hospitality Trust In Singapore To Secure Green Loan

Ascott Residence Trust (ART) has obtained a S$50 million five year green loan from DBS Bank Ltd (DBS), making ART the first hospitality trust in Singapore to secure a green loan. Proceeds from the green loan will be used to finance ART s maiden development project and coliving property, lyf one-north Singapore.

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