MySustainableCorner – July 2025

This month in a nutshell

• The agri-food sector has an exceptional potential to positively impact the environment and society. On one hand, it can improve the nutritional profile of its products (for example, by reducing sugar), thereby responding to the growing consumer demand for healthier food. On the other hand, it has the opportunity to decrease its greenhouse gas emissions by adopting more sustainable production practices. This dual approach would not only contribute to public health but also engage in the fight against climate change while meeting investors' expectations regarding ESG criteria.
• In France, the moratorium voted by the National Assembly on wind and solar energy jeopardizes renewable energy projects and calls into question France’s commitment to the energy transition. This could hinder the achievement of greenhouse gas emission reduction targets, particularly the -55% by 2030, and promote the use of fossil fuels, thereby threatening commitments to carbon neutrality by 2050.
• Terna Rete, the Italian electric grid operator and one of the leading group for electricity transmission in Europe, issued its inaugural European Green Bond (or “EuGB”) in accordance with the EU Taxonomy requirements. This green bond issuance, with the purpose to finance climate change mitigation activities, is in line with the 2024-2028 Industrial Plan of the group, leading to invest a total of €17.7bn over five years for energy transition. The funds will be used to integrate renewable energy into the electricity grid and improve its energy efficiency.
• California strengthens its commitment to renewable energy: after investing $2bn to power 163,000 households, the state plans to issue $1bn in 30-year green bonds. This financing will support the Clean Energy Project. In response to the 2024 wildfires, this strategic initiative highlights the state's determination to reduce carbon emissions and accelerate the transition to a sustainable energy future.

Chart of the month

Sugary beverage taxes

According to the World Bank, 57% of countries around the world impose taxes on sugary beverages to fight against health issues related to their consumption, such as diabetes and cardiovascular diseases.

Source: Bloomberg Intelligence, June 2025