Finance | Page 7

Allianz published its Inaugural Net-Zero Transition Plan, which substantiates the company’s long-term net-zero commitments by setting intermediary targets for 2025 for its proprietary investments and announces its 2030 targets for proprietary investments and P&C underwriting.

Kimco Realty announced that out of the $493.7 million in net proceeds from the green bond issuance, $373.8 million, or over 75%, was allocated to finance eligible green projects.

In this episode of Smart Energy Voices, host Debra Chanil is joined by Abby Johnson, President of both Abacus Property Solutions and the Virginia PACE Authority. She is a winner of the 2023 WISE (Women in Smart Energy) Award in the category of Industry Veteran. Abby will discuss the PACE model financing that allows private building owners to use public capital.

International-Matex Tank Terminals announced that ITT Holdings LLC has successfully amended its existing revolving credit facility.

The Coca-Cola Company and eight global bottling partners announced the closing of a new $137.7 million venture capital fund that focuses on sustainability investments.

Apollo, an asset management business, announced milestones in its sustainability journey, including allocating $6B in clean energy and climate investments across asset classes, which signifies significant progress toward its $50B target.

The Travelers Companies, Inc. lowered its Scope 1 and Scope 2 emissions by 55% since 2011, reinforcing its commitment to become carbon neutral across its owned operations by 2030.