The past week has seen a significant shift in corporate Diversity, Equity, and Inclusion (DEI) policies across major industries, as companies respond to changing political and legal landscapes. High-profile firms,...
Qatar is accelerating its commitment to sustainable development with a $2.5 billion (QR9.10bn) green bond initiative targeting renewable energy projects, infrastructure improvements, and environmentally friendly real estate development. Michael Brady,...
Maersk’s bold sustainability push A.P. Moller-Maersk, a global shipping leader, is targeting up to 20% of its marine fuel consumption to come from alternative sources by 2030. This move is...
The mini-documentary “Hotel Marcel: A Net-Zero Transformation,” part of ESG News’s new “Brands With Values: Net-Zero Transitions Series,” delves into the innovative journey of Hotel Marcel’s conversion into the United...
In this video, Ceres Program Director Dan Saccardi joined ESG News CEO Matt Bird to discuss recent trends in ESG and corporate sustainability, identifying a move from goal setting to...
The Center for Sustainability and Excellence (CSE) proudly unveils the agenda and an exceptional lineup of keynote speakers for its highly anticipated 2024 Sustainability & ESG Leadership Summit, taking place...
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...
They will also be able to demonstrate their positive impact on the environment with robust reporting functionality, reduced greenwashing, and the encouragement of businesses to invest in sustainable initiatives through...
Deloitte has been recognized as a leader for environmental, social and governance (ESG) and sustainability services, according to the Verdantix report Green Quadrant: ESG & Sustainability Consulting Services 2024. Verdantix, an...
The Premier League, the most watched football league in the world, in collaboration with its clubs, has announced a significant push towards environmental sustainability with the introduction of the Premier...
Ahead of GreenBiz 2024, Salesforce conducted a new study in partnership with GlobeScan, revealing that 93% of sustainability, finance, and technology leaders think sustainability is crucial to the success of their organizations....
This week, tractors blocked highways across France, conducting “the siege of Paris,” partly in protest of unfair environmental standards driven by the EU Green Deal. Similar protests were seen across...
Investment Managers (AXA IM) announced the appointment of Thomas Coudert as Head of Sustainability, Core Investments, effective immediately. Based in Paris, Thomas reports to Marion le Morhedec, Global Head of Fixed Income and member...
The adoption of environmental, social and governance (ESG) measures in executive incentive plans continues to increase across markets, including North America, according to a new global study by WTW (NASDAQ:...
Two new exposure drafts set forth the first comprehensive suite of global standards on ethical considerations in sustainability reporting and assurance Proposed standards aim to foster greater trust in all...
Sustainability reporting practitioners that use the GRI Standards can now take advantage of a new learning course that provides the know-how to better integrate the European Sustainability Reporting Standards (ESRS)...
FigBytes, creators of the leading Sustainability Platform for impact-focused organizations, has announced that it has been recognized in Forrester’s Sustainability Management Software Landscape, Q1 2024 report. FigBytes is part of...
What’s in a name? Apparently, a lot! A viral WSJ article this week, “The Latest Dirty Word in Corporate America: ESG,” showed how Corporate America is turning away from ESG...
In the fast-paced world of fashion, where trends change as quickly as the seasons, there’s are new style emerging-one that’s not just about what you wear, but how it got...
Key Impact Points: Samsung Electronics emphasized how sustainability is driving business activities at the Consumer Electronics Show (CES) 2024 in Las Vegas from January 9-12. The Sustainability Zone at Samsung’s...
Iberdrola has signed an agreement with ANFACO-CECOPESCA – an entity representing the marine-industry chain – by which the 255 companies associated with this cluster of the marine-industry chain that wish to...
Key Impact Points: The collaboration enables CO2e emissions to be reduced through the use of sustainable aviation fuel (SAF) instead of conventional jet fuel. Related Article: UNIDO and DHL Group...
Key Impact Points: Company Outlines Direction and “Break Through Limits” Management Policy During Press Conference in Las Vegas LG Electronics’ (LG) CEO William Cho and key company executives introduced the strategies LG is...
Key Impact Points: Shining a Spotlight on Culinary Excellence and Sustainability The City of Helsinki will be the center of the Nordic culinary world this May, as it plays host...
The World Bank (International Bank for Reconstruction and Development, IBRD rated Aaa/AAA) has priced its first benchmark of 2024 – an Australian dollar 2 billion 5-year bond due January 10,...
The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced a new 5-year CAD $1.4 billion benchmark that matures in January 2029. World Bank bonds support the financing...
The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced a 7-year benchmark bond that matures in January 2031. The Sustainable Development Bond raised USD 5 billion from...
LyondellBasell and Pigeon Singapore – the regional headquarter of its business unit covering Southeast Asia, Middle East, Africa and Oceania – announced their collaboration on advancing the sustainable research and development efforts in baby...
BBVA in Colombia has reached an agreement with Isagen to convert long-term finance of 368 billion pesos to sustainable loans linked to compliance with an environmental indicator. The index measures carbon emissions...
The European Commission has approved, under EU State aid rules a €17.7 billion Italian scheme to support the construction and operation of a centralised electricity storage system. The measure contributes...
The European Commission has approved, under EU State aid rules, a €1.3 billion French scheme to support the development of non-fossil flexibility technologies to ensure that the electricity supply matches...
Three projects located in MISO territory to support Meta’s continued commitment to net zero emissions Adapture Renewables, Inc., a developer, owner, and operator of utility-scale solar and battery energy storage...
The European Energy Exchange (EEX) has published the 2024 calendars for the auctioning of EU allowances (EUA) and EU Aviation Allowances (EUAA), with the below timings and notes on auction...
Chestnut will Remove 362,000 Tons of Carbon for Microsoft in Phase I of the Largest U.S. Gold Standard-Registered Afforestation Project Chestnut Carbon (“Chestnut”), a nature-based carbon removal developer founded by private...
This is the first agribusiness deal where one of the signatories refers its own suppliers to the bank as candidate borrowers. BBVA Mexico and Nestlé are expanding their “Crediproveedores” agreement to extend credit...
The EIB Group — made up of the European Investment Bank (EIB) and European Investment Fund (EIF) — have signed with Santander a new synthetic securitisation transaction with the final objective...
Eni, Plenitude and Energy Infrastructure Partners (EIP) have signed an agreement for EIP to enter Plenitude’s share capital through a capital increase of up to €0.7bn, which, post-transaction, would be...
BBVA is extending its interim emission reduction targets for 2030 to two relevant sectors, aviation and shipping, in order to move its client portfolio toward net zero emissions by 2050....
After a first renewable Corporate Power Purchase Agreement (CPPA) signed at the end of 2022, TotalEnergies has signed a second contract with LyondellBasell, a global leader in the chemical industry,...
The innovative financing agreement leverages the transferability option in the IRA to fund Golden Triangle I solar plus storage in Mississippi through construction and long-term operations. Origis Energy, one of America’s leading...
Grantmakers selected to reduce barriers to federal funds and issue thousands of environmental justice grants over the next three years As part of President Biden’s Investing in America agenda, the...
Air Liquide has announced that it will build, own and operate a world-scale carbon capture unit in the industrial basin of Rotterdam, the Netherlands, leveraging its proprietary Cryocap™ technology. The...
Schroders announced that it has joined the Global Real Estate Engagement Network (GREEN), a not-for-profit engagement network of global institutional investors dedicated to accelerating change and driving sustainability in the real estate...
President Biden’s Investing in America Agenda Funding Available to Help States, Territories, and Localities Adopt and Implement Latest Innovative Building Energy Codes As part of President Biden’s Investing in America agenda,...
Gleaming under sunlight are houses in Xinma, a picturesque village in South China’s Qingyuan City. Their rooftops are mounted with distributed photovoltaic panels, which are being autonomously maintained by unmanned aerial...
Funding from President Biden’s Inflation Reduction Act will help improve air quality for communities by helping states take the lead in cutting methane emissions from low-producing well sites As part...
Latest IEA market report sees lower demand to 2026, based on current policies, but stronger actions are needed to drive a steeper decline towards meeting international climate goals After reaching...
023 “50 States of Recycling” report highlights the need for more accurate data, policy and infrastructure investment to improve statewide recycling rates. Eunomia Research & Consulting and Ball Corporation released an updated “50...
bp has signed an agreement with BWT Alpine F1 Team to support its net zero journey at its site in Enstone (Oxfordshire), where the team designs, develops, manufactures, and builds...
At the core of this partnership is the drive to enhance food preservation, reduce food waste in African markets, and improve global market accessibility for producers.United Nations Industrial Development Organization...
Garanti BBVA is in the process of installing solar panels on buildings at its Pendik Campus, on the Güneşli Service Building and on top of the bank’s ATMs. The solar...
For Krispy Kreme, Inc., it takes more than iconic doughnuts to “Be Sweet.” It takes an ongoing commitment to drive positive impact. To provide an update on the Company’s commitment,...
There has been national and regional coverage on our proactive announcement about changes to Variable Monetary Penalties (VMPs). These are civil sanctions issued by the Environment Agency to companies and...
JCB unveiled its pioneering hydrogen combustion technology at EXCON, India’s premier construction equipment trade show taking place in Bengaluru. In its first-ever trade show appearance anywhere in the world, the...
OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, announced that it has joined the Ethereum Climate Platform (ECP) as a launch partner, underscoring its commitment to sustainability and decarbonization...
Toyota Motor North America announced the availability of its 2023 North American Environmental Sustainability Report. Covering Toyota’s activities in the United States, Canada, and Mexico, the report has been published...
Programs by MIT Sloan, NYU Stern, and most recently, Arizona State University combine with Deloitte’s own Learning and Development training to form a comprehensive suite of climate change and sustainability offerings for...
New cooperation agreement reached, as GRI-ESRS Interoperability Index is made publicly available Following a successful partnership between EFRAG and GRI over the past three years, a new Memorandum of Understanding...
As COP28 kicks off in Dubai, businesses, policymakers, and civil society are increasingly recognizing the profound impact of food systems on the world’s most pressing social and environmental challenges. Since...
Google has partnered with clean-energy startup Fervo to develop a geothermal power project in Nevada that is now contributing carbon-free energy to the electric grid. This marks a significant step...
10,000 tons of carbon dioxide removal will be delivered using new Carbon Casting technology Graphyte, a carbon removal startup backed by Breakthrough Energy Ventures, announced that American Airlines will be...
Combined capabilities drive production performance, energy efficiency and emissions management, supporting utility grid orchestration across industries The EY organization announced an alliance between Aspen Technology, Inc, a global leader in...
The world is not on track with meeting the Sustainable Development Goals (SDGs). As of 2022, 2.2 billion people lacked safely managed drinking water, 3.5 billion lacked access to safely...
As vulnerable communities worldwide continue to suffer outsized effects of climate change, IBM is empowering innovators with cutting-edge technologies and training. Ahead of COP28, IBM announced the latest investments in its...
A new report released highlights the urgent need for reusable beverage packaging as a solution to the global plastic crisis. The report, produced by ocean advocacy group Oceana, shows that just a 10-percentage...
Shanghai Electric announced to ink the “Carbon & Digital” Joint Laboratory Strategic Cooperation Agreement with Johnson Controls Inc. (Johnson Controls) during the China International Import Expo (CIIE) 2023, a move...
Diwali, the festival of lights, symbolizes the triumph of good over evil, knowledge over ignorance, and light over darkness. Adani Electricity‘s unwavering commitment to sustainability and environmental stewardship beautifully aligns...
Aiming to finance increased production of SiC power semiconductors to support decarbonization Mitsubishi Electric Corporation announced that it will issue green bonds for the first time to raise funds for...
WOTR (Watershed Organisation Trust) is excited to announce a pivotal partnership with Sun Pharma. The three-year programme aims to address the challenges of water security and climate change in the...
In a global surge of interest in sustainability, Google has partnered with Drawdown Labs, a program of Project Drawdown, to release an open-source sustainability marketing playbook. The playbook is designed...
Carrier establishes long-term strategic relationship with SAF producer Southwest Airlines Co. (“Southwest”) has announced an offtake agreement with USA BioEnergy, LLC (“USA BioEnergy”), for up to 680 million gallons of neat sustainable aviation...
Better Cotton has officially launched a first-of-its-kind traceability solution for the fashion and textile sectors. The solution has been developed over three years and will provide visibility of cotton’s journey...
Will help address the skill gap in BFSI, corporates in the evolving sustainability domain CRISIL 1Academy — the training and certification arm of CRISIL Limited — is happy to announce...
Funding will reduce water and energy waste, which can lower carbon emissions, and help create lasting water or sanitation solutions for 20 million people The Bezos Earth Fund announced a...
Future Investment Initiative (FII) Institute releases “Inclusive ESG Tool” and accompanying “Inclusive ESG Score” to help emerging market companies and global investors unlock investments. The Future Investment Initiative (FII) Institute,...
In today’s corporate world, the position of Chief Sustainability Officer (CSO) has emerged as a vital role, tasked with spearheading sustainability initiatives and navigating the complex landscape of environmental, social,...
Hybrid solution to incentivise more sustainable renovations amongst SMEs DBS announced a first-of-its-kind hybrid financing solution to help small and medium enterprises (SMEs) access a wider pool of capital to...
The EY organization announced an expanded alliance with SAP SE to help organizations accelerate value-led sustainability action. Teams of EY professionals are advising SAP and customers on the core design...
Water, the world’s most precious yet undervalued resource, lies at the heart of a mounting global crisis that threatens both human and planetary health, warns a new report, published today...
ESG Book, a global leader in sustainability data and technology, and Arcesium, a leading global financial technology firm, announced a new partnership to deliver market-leading sustainability data for institutional investors....
RWE leads the way in promoting sustainability in wind power. Near Pamplona, Spain, the company has now commissioned its groundbreaking onshore wind project Orkoien. Over the last 14 months, RWE...
Paine Schwartz Partners (“Paine Schwartz”), a global leader in sustainable food chain investing, announced the final closing of Paine Schwartz Food Chain Fund VI, L.P. (“Fund VI”) at $1.7 billion of total...
The OPEC Fund for International Development (the OPEC Fund) is supporting food security in Egypt with a US$10 million contribution to a US$200 million syndicated trade finance facility with the...
GE HealthCare released its inaugural Sustainability Report, which describes the steps the Company has taken to establish its stand-alone environmental, social, and governance (ESG) practice and infrastructure, as well as how...
FedEx Corp. (NYSE: FDX) has launched a new tool, FedEx® Sustainability Insights (FSI), giving customers in select Asia Pacific, Middle East, and Africa (AMEA) markets* access to emissions information on...
ASEAN’s biggest exhibition showcasing LED & Smart Lighting Solutions – LED Expo Thailand is set to return at IMPACT Exhibition and Convention Centre, Bangkok from 20-22 September 2023. Organized by MEX Exhibitions and IMPACT Exhibition Management collaboratively,...
As South Africa continues to grapple with the pressing issue of load-shedding, BLUETTI, a leading clean energy storage company, has come forward with effective solutions to allow individuals and businesses...
Through partnership with Brazilian environmental nonprofit Apremavi, Company reaffirms commitment to making a positive impact on the world The Vita Coco Company, Inc. (NASDAQ: COCO) announced the expansion of its social impact...
Companies covered in this study are Evonik Industries AG, Solvay, PPG Industries, Inc., LDC-KOREA CO., LTD., CONTEC, Black Bear Carbon B.V., GRP LTD., SNR Reclamations Pvt. Ltd., Genan Holding A/S,...
New agreement will benefit customers in France, Belgium, and the Netherlands and builds on the companies’ existing relationship in Europe, Colombia, and Mexico Univar B.V., a subsidiary of Univar Solutions Inc. (“Univar Solutions” or “the Company”), a leading...
29 Projects Across 15 States Will Advance State-of-the-Art Building Technologies and Retrofit Practices to Cut Utility and Operating Costs, Reduce Energy Waste, and Support Healthier Communities In support of President...
Take a look at how Google is reducing emissions and helping people make more sustainable choices. Google has shared their 2023 Environmental Report outlining how they are empowering individuals to take...
The final episode of PUMA’s RE:GEN REPORTS is now available to stream: ‘When it comes to Health and Safety, does the West know best?’. In this episode, hosted by the Head of...
Company aims to reach goal by using less plastic, more recycled content, and alternatives to plastic The Kraft Heinz Company announces a new goal in 2023 to reduce the use...
To improve the quality of infrastructure at Cabo Verde’s seven airports, and help them reduce greenhouse gas emissions, IFC announced a sustainability-linked financing package for Cabo Verde Airports SA, a...
Funding from President Biden’s Investing in America Agenda Will Transform Carbon Pollution into Useful Products, Curbing Greenhouse Gas Emissions and Maximizing Public Health The U.S. Department of Energy (DOE) announced...
IBM launched a new tool to help enterprises track greenhouse gas emissions across cloud services and advance their sustainability performance throughout their hybrid, multicloud journeys. Now generally available, the IBM...
PepsiCo and Walmart announced a 7-year collaboration to pursue $120 million worth of investments focused on supporting U.S. and Canadian farmers in their pursuit to improve soil health and water quality. By establishing...