Iberdrola Launches Largest Wind-Solar Hybrid Plant in Southern Hemisphere
The 317 MW total capacity project combines a 210 MW wind farm and a 107 MW photovoltaic plant. Plant will generate enough clean energy to power 180,000 homes Project will
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Author: ESG News
ESG News
ESG News provides full-length coverage of ESG events, trends, policies and thought-leaders shaping business today.
K+S to convert Werra plant to cut carbon dioxide emissions
Potash and salt miner K+S announced on Monday it would be investing a mid-three-digit million sum in order to convert its largest potash plant in Germany, Werra, to ensure more environmentally
BlackRock Creates Transition Capital Unit To Tap Climate Opportunities
To help countries, companies in low-carbon shift Group to be led by former McKinsey exec Dickon Pinner To work across asset classes, geographies BlackRock, the world’s biggest asset manager, has
Urban Alliance, Smithsonian Institution and Bank of America Promote Diversity in the Arts With Internship Program
Program Recognizes Founder of Urban Alliance in its 25th Anniversary Year In a partnership with the Urban Alliance and the Smithsonian Institution, Bank of America is providing $800,000 to form
Bridge Investment Group Raises $1.74 Billion for Bridge Workforce and Affordable Housing Fund II
Bridge Investment Group Holdings Inc. announced the completed fundraising for Bridge Workforce and Affordable Housing Fund II, raising $1.74 billion in equity commitments, ahead of its $1.50 billion target. BWAF
Mercedes-Benz Converts €11 Billion Revolver Into Sustainability-Linked Loan Targeting Climate Protection
Transformation of €11 billion Revolving Credit Facility in line with Mercedes-Benz Ambition 2039 Selected sustainability KPIs geared towards enhancing ESG and cutting CO2 footprint Potential refinancing of the facility in 2024/25
Japan’s Chubu Elec To Invest In Canadian Geothermal Venture
Chubu Electric Power Co., Inc. announced that it has entered into an agreement with Eavor Technologies Inc. to acquire shares in the company through its wholly owned subsidiary Chubu Electric
Indonesia’s Gunung Raja Paksi to lead Southeast Asia’s steel industry to a greener future through ESG Strategy
Launched their new ESG Strategy Handbook today, where Gunung Raja Paksi aims to reduce its environmental and social impact in steel – traditionally, a major contributor to global carbon emissions
E-Bus Deal Puts Oslo On Track For Zero-Emissions Public Transport Goal
Oslo public transport to be all electric by end-2023 City aims to be completely emissions-free by 2030 E-buses cheaper to buy and run than diesel -official Oslo is on course
Boards Grappling Most with Management Succession Planning and ESG, New Data Finds
Management succession planning and ESG are among the most critical issues that boards of directors worry about, new data finds. Boardspan, the leading provider of digital governance solutions for boards across
Fortune Releases 2022 World’s Best Workplaces List
After more than two years of pandemic and economic upheaval, people are reevaluating their lives. Workers around the world are reconsidering what they want from a job. For the Fortune World’s Best
Nestlé Recognized By Fortune As One Of World’s Best Workplaces
Nestlé has been recognized by Fortune and Great Place to Work as one of the top 25 workplaces amongst multinational companies. The list is complied every year based on surveys
Constellation Brands Publishes ESG Impact Report
Constellation Brands’ 2022 ESG Impact Report highlights notable progress made in its key ESG focus areas: serving as good stewards of the environment; enhancing social equity within its industry and
Iberdrola and Sempra Infrastructure to Develop Hydrogen and Green Ammonia Projects
It provides a framework for companies to identify, evaluate and develop large-scale hydrogen and green ammonia projects with renewable energy. The initial regions of interest are the Gulf Coast and
Switzerland Issues Inaugural $766 Million Green Bond
The Swiss government announced the completion of its inaugural green bond issuance, raising CHF766 million ($USD766 million) to fund expenditures supporting its environmental goals in areas including clean transportation and
KPMG in Canada Implements Truth and Reconciliation Action Plan
Multi-year strategy involves all parts of the firm and commits to creating positive and sustainable economic and social benefits for Indigenous Peoples Plan was developed in consultation with Indigenous stakeholders
Lightrock Closes Inaugural Climate Impact Fund at €860 Million, Above Initial Hard-Cap
With a target size of €600 million, the inaugural Lightrock Climate Impact Fund was significantly oversubscribed and closed on €860 million after raising its initial hard cap. The Fund
OMFIF: More African Countries Implementing ESG Finance Policies
A growing number of African countries has introduced financial market policies related to environmental, social or governance issues, a study said on Thursday, as a global push to invest more
IMF Lending Facility for Climate, Pandemic Preparedness Is Ready
The International Monetary Fund’s Resilience and Sustainability Trust is now operational, adding an important financing instrument to help countries deal with climate change, pandemics and other longer-term issues, IMF Managing
BlackRock Launches ESG Insights Bond Fund with £500 Million Investment from Scottish Widows
BlackRock is pleased to announce that Scottish Widows has become the first investor in its newly launched BlackRock Global Corporate ESG Insights Bond Fund. The UK retirement savings provider is
