SustainCase newsletter – wk13, March 2025

EU Launches Series of Actions and Investments to Decarbonize Steel, Metal Sectors
The European Commission announced the launch of its Action Plan on Steel and Metals, outlining a broad range of initiatives aimed at protecting and strengthening the industry’s competitiveness, and supporting its decarbonization.
Businesses see sustainability potential in AI but worry about energy costs
According to a survey commissioned by Alibaba Cloud, 76% of firms in Asia, Europe and the Middle East want to use AI and cloud computing to support sustainable development. However, concerns about these technologies’ high energy consumption remain a key obstacle to broader adoption.
Case study: How Banesco works with its clients and customers to encourage sustainable practices
March 20, 2025 – Banesco (Panama) S.A. and its subsidiaries form a globally diversified organization with a strong footprint in retail banking, wholesale banking, and administration. Additionally, Banesco offers financial services and operates in various other industries, primarily in insurance. Banesco is active and operates in both Panama and Curacao. Banesco is a signatory of the Principles for Responsible Banking (PRB) and is, accordingly, working with its clients and customers to encourage sustainable practices and enable sustainable economic activities. Read more.