ESG Africa
Isabel Richter takes over as team manager for global sustainability communications. Effective 1 September 2023, Isabel Richter became the Head of Sustainability Communications at the BMW Group, with responsibility for...
TotalEnergies and European Energy have agreed to jointly develop, build and operate in a 65/35 joint-venture at least four GW of onshore renewable projects in multiple geographies. The partnership aims...
Lightsource bp, a global leader in the renewable energy sector, has entered into a solar power purchase agreement (PPA) with Microsoft in Poland – the first PPA for both companies...
A failed energy transition might reduce global GDP by as much as $6 trillion per year by 2050. A group of institutional investors with over $11 trillion in assets under management, including Allianz...
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...
TotalEnergies has announced the building of a new mechanical recycling unit for plastic waste at its Grandpuits site southeast of Paris. This new investment follows those announced in June 2023...
New text classification capabilities can help to automatically categorize thousands of lines of spend data using natural language processing (NLP) IBM (NYSE:IBM) announced it can help organizations accelerate the capture,...
Citizens Financial Group, Inc. (CFG), a commercial lender, announced $50 billion in sustainable finance target which includes a $5 billion in green financing, by 2030. The company aims to finance...
Nasdaq (Nasdaq: NDAQ) announced its Capital Access Platforms division has launched two new offerings designed to help corporates and investors better streamline their sustainability and impact investing journeys. Nasdaq Metrio™ is...
Highlights – Bruce Carnegie-Brown speaks to “Force For Good” on ESG News: ESG News releases Lloyd’s of London, Chairman Bruce Carnegie-Brown, insightful video interview with Force for Good Chairman Ketan Patel, live from...
ExxonMobil’s latest milestone in carbon capture and storage (CCS) comes from the UK North Sea, where we were a winner in the UK’s first-ever carbon storage licensing round. ExxonMobil’s Low Carbon...
HSBC Holdings, one of the world’s largest banks, has announced plans to allocate $1 billion in financing to support climate-tech startup companies around the world. The financing is expected to...
Citigroup (C), BNP Paribas, and Standard Chartered are considering financing a $15 billion program to protect Indian Ocean habitats, Bloomberg reported, citing Thomas Sberna of the International Union for Conservation...
The Funding Will Fuel Denominator’s Leading Market Position and Expand the Pioneering Work to Create Transparency Around DEI Worldwide Denominator, the leading provider of data-driven solutions for promoting transparency in...
EUR15 million endowment fund aimed at communities facing greatest disaster risk presented at Climate Week NYC L’Oréal announced a new EUR15 million endowment fund to support vulnerable communities to develop greater resilience in the face of climate disasters. The...
Germany is on track to generate over 50% of its power from renewable energy in 2023, but needs to ramp up the speed of its transition towards the end of...
Canada’s clean technology industry is at risk of losing C$50 billion in investments due to delays in implementing promised government incentives, according to industry groups. Prime Minister Justin Trudeau’s government...
California Governor Gavin Newsom said he would sign legislation that would require large companies to disclose their carbon footprints, potentially putting the state ahead of federal regulators on managing corporate...
Norway’s $1.4 trillion sovereign wealth fund, the world’s largest, has tightened its climate risk demands on companies it invests in. The fund, which pools the Norwegian state’s revenues from oil...
Platts, part of S&P Global Commodity Insights, the leading independent provider of information, analytics and benchmark prices for the commodities and energy markets, announced it is launching first-of-kind price assessments for...
The global Science Based Targets initiative (SBTi) has launched a new strategy to increase ambition in targets that corporations set to combat climate change. Until now, SBTi has called on firms to...
Mercedes-Benz signs an agreement with Steel Dynamics, Inc. (SDI) to source more than 50,000 tonnes of CO2-reduced steel annually for its plant in Tuscaloosa, Alabama, marking another crucial milestone towards decarbonizing...
Flix and Scania announce a long-term partnership to enable more sustainable long-distance travel. The two companies see this cooperation as an opportunity to accelerate the transition to sustainable mobility by...
Oracle is introducing new healthcare-specific capabilities to Oracle Fusion Cloud Applications Suite to help healthcare organizations increase financial visibility, build more resilient supply chains, and improve patient care. The new capabilities will...
KCSA Bolsters Leading Cannabis and Psychedelics Practices with Industry Veterans KCSA Strategic Communications (“KCSA” or the “Firm”), a leading integrated communications firm, announced an expansion of the senior leadership team within...
Progress on the United Nations Sustainable Development Goals (SDGs) has stalled and in some cases reversed, exacerbated by a funding shortfall of up to US$137 trillion, raising the risk of failure...
A new report identifies six solution areas that can essentially address the UN SDGs and can over-deliver relative to the targets if rolled out at scale across the world. The...
If you’re en route to South Africa for the upcoming ESG Africa Conference and the highly anticipated Morningstar Investment Conference South Africa 2023 , why not indulge in a captivating detour...
One thing I love about ESG is the interconnected nature of the acronym, its ability to pull risks and opportunities across a value chain between companies. One thing I love...
South Korea’s leading chemicals producer LG Chem and Italian energy group Eni Sustainable Mobility jointly announced that they are exploring the possibility to develop and operate a new biorefinery at...
MEPs approved a new law to increase the uptake of sustainable fuels, such as advanced biofuels or hydrogen, in the aviation sector. The RefuelEU aviation rules are part of the “Fit...
Novo Holdings, which controls 77% of the votes in what is now Europe’s most valuable company, will invest about 2 billion kroner ($290 million) in a new energy transition fund, expanding...
Lloyd’s, the world’s leading marketplace for insurance and reinsurance, announces a new collaboration with Moody’s Analytics to develop a solution that will help to quantify greenhouse gas (GHG) emissions* across...
The Rockefeller Foundation announced that it will invest over USD 1 billion over the next five years to advance the global climate transition and help ensure everyone can participate in...
The vast majority (94%) of business leaders still view the Sustainable Development Goals (SDGs) as a unifying global vision but achieving them requires the private sector to focus on the...
S&P Global Ratings has updated its analytical approach for use of proceeds Second Party Opinions (SPOs) following its December 2022 acquisition of Shades of Green from the CICERO climate research foundation. The...
Mars Will Cut Carbon in Half – or by roughly 15 million metric tons – by 2030 Across Full Value Chain and Will Continue Investing in Climate Action Despite Weaker...
SHEIN, a global, integrated, fashion and lifestyle marketplace (“SHEIN Marketplace”), announced that it is allocating an additional US$85 Million over five years towards initiatives that support the “Equitable Empowerment” pillar...
As part of the drive to decarbonize its European refineries, TotalEnergies is launching a call for tenders for the supply of 500,000 tons per year of green hydrogen. The use...
Less than a week before the start of Climate Week NYC, GE Vernova’s Digital business announced the early limited release of CERius™, a carbon emissions management software designed to help energy...
The official launch of the Green Digital Economy Platform (GDEP), an innovative international initiative was announced. The launch, endorsed by Dr. Moeldoko, Indonesia’s Presidential Chief of Staff, is a significant step for Indonesia and...
SGX Group and BlackRock are taking the lead in helping investors reach their low carbon transition objectives with the listing of iShares MSCI Asia ex-Japan Climate Action ETF. SGX, with...
Apple announced expanded progress to decarbonize its global supply chain, with more than 300 manufacturers now committed to using 100 percent clean energy for their Apple production by 2030. New...
The Purpose Driven Innovation Ecosystem (PDIE) Group, the No. 1 Earthshot Prize nominator, and Sublime Communications, a leading communications agency known for driving hyper-growth, will be kicking off the first in its...
Once operational, the 740 MW solar farm will generate enough clean, renewable electricity to power up to 200,000 homes, making it one of the largest solar farms in the country....
Ingka Group, the largest IKEA retailer, announces it has signed an agreement with H2 Green Steel for the delivery of green steel, to be used in IKEA warehouse racking. The...
Deutsche Bank and the European Investment Bank (EIB) are entering a new cooperation to support mid-sized companies with their sustainable transformation ambitions. Firms with between 250 and 3,000 employees will...
As part of Nestlé’s 2050 net zero roadmap and its work to spark regenerative agriculture, the company tests many new, innovative ideas. Those that prove effective and scalable are rolled...
Apple® announced its first-ever carbon neutral products in the all-new Apple Watch® lineup. Innovations in design and clean energy have driven dramatic reductions in product emissions of over 75 percent...
Cemvita designs synthetic microbes that have the potential to convert CO2 into sustainable aviation fuel (SAF) Cemvita Corporation announced an offtake arrangement with United Airlines for up to 1 billion gallons of...
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