IKEA’s Home Deliveries To Be Made Fully By Electric Vehicles By 2025
IKEA’s home deliveries will be made by electric vehicles by 2025 as part of a target at the world’s No.1 furniture brand to drastically reduce greenhouse gas emissions over the
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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.
XPENG receives MSCI ESG Rating of AA making it a top carmaker for ESG performance
Dedication to EV technology innovation brings remarkable growth potential XPeng Inc., a leading Chinese smart electric vehicle company, has announced it received an MSCI ESG rating of AA for the
Carbon Streaming Announces $3.3 Million for Sustainable Rice Farming Stream
US$3.3 Million for Improved Rice Cultivation Practices Reducing Methane Emissions, and Water and Energy Consumption Carbon Streaming Corporation is pleased to announce that it has entered into a carbon credit
Lowe’s Pledges $2 Million to Support Hurricane Ian Relief Efforts
Company to deploy over 200 associates and host relief events to help affected communities in Florida Lowe’s announced it will donate $2 million to support relief efforts in Florida after Hurricane Ian left devastation across
EU to Focus on Sustainability in Reconstruction of Ukraine
Long-term support and energy transition are emerging as central elements in the European Alliance of Cities and Regions for the Reconstruction of Ukraine. Local and regional politicians from across the
European Supervisory Authorities Propose Disclosures for Fossil Gas and Nuclear Energy Investments
The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) have delivered to the European Commission their Final Report with draft Regulatory Technical Standards regarding the disclosure of financial products’ exposure
Fed to Launch Climate Risk Resilience Tests with Six of Nation’s Largest Banks
The Federal Reserve Board on Thursday announced that six of the nation’s largest banks will participate in a pilot climate scenario analysis exercise designed to enhance the ability of supervisors
Bank of America Publishes Enhanced Task Force on Climate-Related Financial Disclosures
Bank of America published its most recent Task Force on Climate-related Financial Disclosures report, which includes enhancements in line with guidance published by the Financial Stability Board’s TCFD in 2021 as well
Malaysia Raises $970 Million in Green Islamic Bond Sale
Malaysia raised 4.5 billion ringgit ($970 million) in its first sale of domestic Islamic green bonds, adding to a growing number of countries turning to sustainable debt financing for environmental
UN International Fund for Agricultural Development in Talks With IMF To Join Forces on $45 Billion Resilience Trust
IFAD could become implementing partner of IMF initiative IMF’s Resilience and Sustainability Trust (RST) designed to shore up sustainable growth in poorer countries Heads of state have identified food security
AXS Investments Launches First ETF Capturing Next Economy Leaders
NXTE is the latest in the AXS & Green Alpha partnership to provide investors unique exposure to companies leading the Next Economy AXS Investments, a leading asset manager providing access
Banorte named World’s Most Socially Responsible Bank
Only Mexican financial institution ranked on Newsweek-Statista global list, coming in at No.1 Grupo Financiero Banorte Chairman Carlos Hank González has announced that the bank’s socially responsible business operations have earned
SDAIA and Ministry of Energy Partner with IBM to Accelerate Sustainability Initiatives in Saudi Arabia Using AI
Saudi Data and Artificial Intelligence Authority (SDAIA) and IBM announced the signing of a strategic agreement to drive adoption of artificial intelligence in the carbon capture and industrial domains across
Media Leaders Return to the United Nations to Advance Sustainable Development at SDG Media Summit
For the first time since the start of the COVID-19 pandemic, the SDG Media Summit returned to United Nations headquarters on September 9th. More than 100 leaders in advertising, marketing,
EU Commission Takes Action To Reduce Waste From Single-Use Plastics
The EU Commission is taking legal steps against 11 Member States, calling on them to step up the implementation of the Single-Use Plastics Directive in order to reduce the impact
Leading Film Schools Form the Green Film School Alliance to Create Sustainable Production Practices
A cohort of leading film schools across the country announced the launch of the Green Film School Alliance, an organization united to integrate industry-level sustainable production practices into their programs,
GM and OneD Battery Sciences Collaborate on Technology for More Efficient EV Batteries
Collaboration focuses on increasing energy density and cost reduction in future GM EV batteries GM Ventures participates in OneD’s Series C $25 million funding round General Motors Co. and OneD Battery Sciences announced the execution
IMF, Barbados Agree to $300 Million in Loans Under Climate Trust
Money will be used to bolster nation’s environmental defenses Caribbean island is perennial victim of hurricanes, flooding The International Monetary Fund and Barbados agreed to almost $300 million in loans
UK Green Bond Draws $25 Billion in Bids at Highest Yield Since 1998
NatWest sees Debt Management Office raising about £5 billion Syndication follows historic rout in UK bond markets Country’s bond supply surging as Bank of England rolls back monetary stimulus The
Pemex in Talks With Goldman, HSBC on $1 Billion ESG Financing
Financing for the Mexican state-owned oil giant would be linked to carbon emissions reduction goals Pemex has been under increasing investor pressure to improve environmental track record Spread on Pemex
