Welcome back to the ESG News Week In Review! To get ESG News’s full ‘ESG News Week In Review’ and ESG News Daily email newsletter, subscribe here. ESG NEWS SMART READ OF THE...
Welcome back to the ESG News Week In Review! To get ESG News’s full ‘ESG News Week In Review’ and ESG News Daily email newsletter, subscribe here. ESG NEWS SMART READ OF THE...
Key Impact Points: China has announced plans to establish a comprehensive carbon footprint management system by 2027. This ambitious initiative aims to track and reduce carbon emissions across various industries,...
Key Impact Points: Capgemini and Schneider Electric have joined forces to introduce a groundbreaking initiative aimed at helping businesses achieve optimal energy use. The collaboration focuses on deploying an advanced...
Key Impact Points: A recent Bloomberg Law survey highlights that a significant majority of attorneys doubt the SEC’s new climate disclosure rule will survive intact. The rule, which mandates detailed...
UBS Asset Management (UBS AM) has launched the UBS ETF S&P 500 Climate Transition ESG UCITS ETF, marking a significant stride for sustainability-focused investors in Europe. This ETF is the...
Key Impact Points: Despite growing inflation and cost-of-living pressures, consumers are ready to pay a premium for sustainability, according to PwC’s 2024 Voice of the Consumer Survey. The survey, which...
Key Impact Points: The Global Reporting Initiative (GRI) has launched the “CSRD Essentials” series, a practical guide for understanding the EU’s Corporate Sustainability Reporting Directive (CSRD). This initiative, developed with...
Key Impact Points: Fidelity International has launched two new sustainable bond funds, reinforcing its commitment to sustainable investment strategies. The new funds, Fidelity Funds 2 – Sustainable Social Bond Fund...
Amprion has once again successfully placed a green dual-tranche bond with a total nominal value of €1 billion on the international capital market. The bond was issued under Amprion’s €9...
Key Impact Points: Article: Japan is gearing up to craft a comprehensive strategy aimed at decarbonization and industrial policy by 2040, according to recent announcements from the Prime Minister’s Office....
Key Impact Points: The Australian government announced a significant A$22.7 billion ($15.0 billion) investment package on Tuesday to bolster domestic manufacturing and renewable energy sectors. This strategic move is part...
PepsiCo is setting a new standard for sustainability within the food and beverage industry. Their beverage plant in Álava, Basque Country, Spain is on track to become the company’s first...
As the global community intensifies efforts to combat climate change, the importance of net-zero emissions targets has come into sharp focus. These targets, which aim to balance the amount of...
Goldman Sachs has a long-standing commitment to sustainability, recognizing the scale and urgency of climate change challenges early on. Their approach combines financial services with innovative sustainability solutions to meet...
The Biden-Harris Administration has introduced significant changes to the federal permitting process, aimed at accelerating the development of infrastructure and clean energy projects across the United States. These reforms are...
The insurance industry has a crucial role to play in combating climate change. Recognizing this, the United Nations Environment Programme (UNEP) recently launched a new initiative, the Forum for Insurance...
Warner Bros. Discovery’s 2023 Sustainability Report comprehensively outlines its strategic commitments and achievements in integrating Environmental, Social, and Governance (ESG) considerations into its operations. Here, we delve deeper into various...
Key Impact Points: In 2023, JPMorgan Chase continued to demonstrate its unwavering commitment to Environmental, Social, and Governance (ESG) principles through its comprehensive annual ESG report. The report provides an...
Key Impact Points: In a significant stride towards combating climate change, the Net-Zero Asset Owner Alliance, a coalition of major institutional investors, unveils its latest initiative to steer $9.5 trillion...
Acre Impact Capital, a pioneering private-debt impact investment manager, announces the successful first closing of its Export Finance Fund I. With commitments nearing US$100mn and a robust target of US$300mn,...
Key Impact Points: “Clean energy and water are foundational to healthy communities and essential building blocks for a responsible business,” said Lisa Jackson, Apple’s vice president of Environment, Policy, and...
Chevron Technology Ventures, the venture arm of Chevron Corp., has launched its third Future Energy Fund with a commitment of $500 million to invest in renewable energy technologies. The fund...
Welcome back to the ESG News Week In Review! We’re thrilled to have you with us again. To get ESG News’s full ‘ESG News Week In Review’ and ESG News Daily email...
Trafigura, one of the world’s leading commodity traders, presented insights on the evolving landscape of global markets and the increasing copper demand during the Financial Times Commodities Global Summit in...
The Sustainability Standards Board of Japan (SSBJ) has recently announced the issuance of exposure drafts for new sustainability disclosure standards, aligning with the International Financial Reporting Standards (IFRS) Foundation’s International...
A Broken Promise: Fossil Fuel Funding Continues Despite Climate Commitments A new report by Oil Change International (OCI) and Friends of the Earth US reveals a troubling disconnect between the...
Key Impact Points: Verein KlimaSeniorinnen Schweiz and Others v. Switzerland In a groundbreaking decision, the European Court of Human Rights (ECHR) has issued a landmark ruling in a climate case...
In a significant stride towards enhancing climate action, the Integrity Council for the Voluntary Carbon Market (ICVCM) has unveiled the initial carbon crediting programs eligible for its prestigious Core Carbon...
The U.S. Securities and Exchange Commission (SEC) has announced a suspension in the enforcement of its climate disclosure rule while awaiting the outcome of a legal challenge initiated by a...
California is accelerating its transition to clean energy with a revamped 2023-2024 transmission plan proposed by the California Independent System Operator (ISO). The $6.1 billion plan prioritizes grid reliability and...
A new report by InfluenceMap, titled “The Carbon Majors Database: Launch Report,” sheds light on a critical aspect of the climate crisis. It reveals a concerning concentration of greenhouse gas...
Policy responses to geopolitical developments and global commitments accelerated the deployment and use of renewable energy in 2023, especially in the power sector. The historic decision at the 2023 United...
In a groundbreaking revelation, the Rhodium Group and MIT CEEPR have unveiled the 2023 Clean Investment Monitor (CIM), a comprehensive database showcasing the transformative landscape of clean technology investments across...
A new report by Boston University’s Global Development Policy Center and the African Economic Research Consortium sheds light on China’s potential to be a transformative force in Africa’s shift towards...
Tokyo-based banking group Mitsubishi UFJ Financial Group (MUFG) unveiled a significant commitment to sustainability. The company announced a nearly threefold increase in its 2030 sustainable finance target, alongside the establishment...
Australia is igniting a clean energy revolution, determined to become a global leader in the renewable energy sector. This ambitious transition promises a brighter future, not just for the environment,...
The Netherlands’ five largest pension funds, representing a combined €900 billion ($975 billion) in assets, are offering to invest significant capital and expertise to expedite the country’s energy transition. This...
BlackRock, the world’s largest asset manager, is under fire again for its environmental, social and governance (ESG) investment strategies. This time, Mississippi Secretary of State Michael Watson issued a “cease...
In a landmark move, the French and Brazilian presidents announced a $1.1 billion initiative aimed at preserving the Amazon rainforest, signaling a renewed partnership between France and Brazil. This collaboration...
South Korea has pledged a significant financial commitment to tackling climate change, announcing a $313 billion green financing plan. This initiative aims to slash greenhouse gas emissions by 40% from...
The recent explosion of climate-focused investment vehicles has sparked a crucial question: how impactful are these funds in driving the transition towards a sustainable future? A closer look at the...
Google commemorates World Water Day by highlighting four new partnerships that contribute to water security in communities near its operations. These initiatives target diverse water challenges and demonstrate Google’s commitment...
A recent study published in Nature highlights Google Research’s groundbreaking work in utilizing AI for accurate river flood prediction. This translates to up to 7 days’ warning for people in...
Carbon markets hold immense potential to propel corporate climate action, but significant adaptations are necessary to unlock their full potential. Businesses play a pivotal role in achieving global climate goals....
As the UK gears up for the introduction of its Carbon Border Adjustment Mechanism (CBAM) in January 2027, this landmark policy is poised to redefine the landscape of carbon pricing...
The Texas Permanent School Fund (PSF), a financial cornerstone for the state’s public schools, is severing its relationship with investment giant BlackRock in a contentious dispute centered on environmental, social,...
Key findings The impacts of carbon commitments will materialize in lease markets in the next 12 to 24 months, creating a tipping point where investments in low-carbon buildings will start...
Google Announces Sustainability Efforts in Arizona Google is committed to building a more sustainable future in Arizona. Their efforts focus on two main areas: bringing clean energy to the state...