The IWBI’ Groundbreaking Health and Wellbeing Framework at NASDAQ Event At a significant event held at the NASDAQ Marketsite, Rachel Hodgdon, President and CEO of the International WELL Building Institute...
Fiona Reynolds, Executive Director for PRI interview with David Nelson at Sustainable Stock Exchange Initiative (NYSE)
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Driving Sustainability and Growth CaixaBank has unveiled its 2025-2027 Sustainability Plan, a cornerstone of its Strategic Plan, committing to mobilize €100 billion in sustainable finance—a 56% increase from its previous...
Strategic Partnership for Forest Conservation Eni has signed a landmark agreement with Côte d’Ivoire’s Ministry of Water and Forests to protect and restore 14 forests across a total area of...
Lufthansa Cargo and A.P. Moller – Maersk (Maersk) have announced a strategic collaboration aimed at reducing CO₂ emissions in airfreight through the use of Sustainable Aviation Fuel (SAF). As part...
DHL Express and Shell have entered into a landmark 1-year agreement to promote sustainable air freight operations at Brussels Airport. The deal includes the delivery of 25 kt of Sustainable...
Driving Collective Action at COP16 The OPEC Fund for International Development (OPEC Fund) will actively contribute to global discussions on combating desertification and restoring degraded land at COP16, hosted in...
A New Chapter for Arkolia Mirova and BNP Paribas Asset Management have jointly invested over €200 million in Arkolia, a leading French renewable energy developer. Each acquired an equal stake...
BNP Paribas’ Shift Towards Sustainable Investing In a November strategy update, BNP Paribas Asset Management announced it would cease investments in new bonds issued by oil and gas exploration and...
IAG’s Bold Step Towards Decarbonization International Airlines Group (IAG) has announced a groundbreaking purchase agreement with e-SAF producer Infinium to bolster its sustainability efforts. Infinium will supply power-to-liquid e-SAF to...
IBM’s first-ever State of Sustainability Readiness Report 2024 revealed critical insights into the intersection of sustainability and technology. The report highlighted that 88% of business leaders plan to increase IT...
Singapore has solidified its leadership in sustainability reporting, surpassing global benchmarks in six of twelve key indicators, according to KPMG’s 2024 Survey of Sustainability Reporting. The city-state is one of...
Supporting Clean Technology Innovation The Wells Fargo Innovation Incubator (IN²), co-administered by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL), has announced three new startups for its 14th...
Leadership Transition at HSBC HSBC has announced the appointment of Julian Wentzel as Interim Group Chief Sustainability Officer, effective January 1, 2025. Wentzel, currently Head of Global Banking for the...
The Middle East ESG Reporting & Data Summit kicks off today, November 28, 2024, at the Hyatt Regency Dubai Creek Heights, bringing together professionals and thought leaders to explore critical...
Google has announced the opening of 1265 Borregas, its first office building constructed using mass timber, in Sunnyvale, California. The building reflects Google’s commitment to sustainability, employee wellbeing, and community...
ExxonMobil (NYSE: XOM) is investing over $200 million to expand its advanced recycling operations at its Baytown and Beaumont sites in Texas. The expansion will add 350 million pounds of...
Eni CEO Claudio Descalzi and MSC Group President Diego Aponte have signed a memorandum of understanding (MoU) to develop joint initiatives focused on sustainability and energy transition. The agreement seeks...
Blackstone and Santander Corporate & Investment Banking have announced an agreement where funds managed by Blackstone Credit & Insurance (BXCI) will acquire interests in a $1 billion portfolio of high-quality...
SSAB has entered a collaboration agreement with Amazon Web Services (AWS) to deliver fossil-free steel for AWS’s three new data centers in Mälardalen, Sweden. Utilizing SSAB’s unique HYBRIT® technology, the...
The Bahamas has unlocked more than $120 million to fund the conservation and management of its oceans and mangroves through a debt swap financed by Standard Chartered and backed by...
What’s happening: The ADB has approved a $500 million policy-based loan to strengthen the Philippines’ efforts to tackle climate change. This loan supports the Philippines’ Climate Change Action Program (CCAP)...
What’s happening: The UK government is set to begin consultations on its zero-emission vehicle mandate, confirming the ambitious 2030 deadline for phasing out new petrol and diesel car sales. This...
Why it matters: As regional economies face increasing pressure to meet global climate targets, there’s a critical demand for leaders skilled in sustainable finance. The Monetary Authority of Singapore projects...
Key Takeaways: SGS has unveiled three essential services designed to support organizations in complying with the Corporate Sustainability Reporting Directive (CSRD) and advancing their Environmental, Social, and Governance (ESG) disclosures....
The move to mandatory reporting: KPMG Survey of Sustainability Reporting 2024 With mandatory sustainability reporting on the horizon, KPMG’s latest survey reveals a remarkable surge in global businesses integrating ESG...
Equinix, Inc., the world’s digital infrastructure company, has strengthened its commitment to sustainability by issuing an additional €1.15 billion in green bonds. Following over $750 million issued in September 2024,...
BP’s Investment in Indonesia’s Energy Transition BP, on behalf of the Tangguh Production Sharing Contract partners, announced the final investment decision for the $7 billion Tangguh Ubadari, CCUS, Compression (UCC)...
Embedding Sustainability in Six Focus Areas Mercedes-Benz has integrated sustainability into its corporate strategy, defining six focus areas to drive lasting impact: Environment & Climate, Resources & Circularity, Human Rights,...
Expanding PwC Greece’s ESG Vision PwC Greece has appointed Antonios Tsiligiannis as its ESG, Sustainability & Climate Change Manager, positioning itself to strengthen its leadership in sustainable initiatives and urban...
The COP29 Presidency announced a major milestone in climate diplomacy: the full operationalization of Article 6 of the Paris Agreement, unlocking international carbon markets after years of complex negotiations. The...
COP29, held in Baku, Azerbaijan, concluded after intense negotiations. While the summit delivered key agreements, divisions and frustrations underscored the challenges of addressing the global climate crisis. Here’s a comprehensive...
A Major Step Toward Sustainability HSBC Hong Kong, Cathay Pacific, and EcoCeres have joined forces to launch Hong Kong’s most significant initiative to date in promoting sustainable aviation fuel (SAF)....
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. Follow ESG News on LinkedIn ESG NEWS...
It wouldn’t be a climate COP without negotiations going down to the wire. This year’s talks will likely go into the wee hours of tomorrow morning as delegates try to...
Op-Ed By: Bailey Church: Partner, Accounting Advisory Services at KPMG Canada The public sector needs to lead by example in Canada’s adoption of sustainability reporting. The extreme weather events in...
Record Demand for Iberdrola’s Hybrid Green Bond Iberdrola has successfully placed an €800 million hybrid green bond in the Euromarket, as reported to Spain’s National Securities Market Commission (CNMV). The...
SAP’s New Global Sustainability Lead SAP has named Matthias Medert as its Global Head of Sustainability, a role that underscores the company’s commitment to advancing sustainability within its operations and...
A contested proposal The Azerbaijani presidency at COP29 revealed a draft plan urging wealthy nations to lead a $250 billion annual financing initiative by 2035. This figure, termed the “new...
What It’s About Microsoft has introduced the Microsoft Sustainability Academy, a free webinar series designed to support professionals in embedding sustainability into business strategies, improving ESG data management, and advancing...
Hilkka Komulainen Leads Sustainability and Impact Initiatives Quinbrook Infrastructure Partners has named Hilkka Komulainen as its new Global Head of Sustainability and Impact, effective November 25, 2024. Komulainen, based in...
Empowering Investors with Data-Driven Insights ISS ESG, the sustainable investment arm of ISS STOXX, has unveiled a new customizable Climate Impact Report. Designed for institutional investors, the report aims to...
Accelerating the Environmental Transition At COP, Societe Generale reaffirmed its commitment to advancing the environmental transition. The bank’s new €500 billion sustainable finance target for 2024–2030 includes €400 billion in...
Rising ESG Challenges for Canadian CEOs According to KPMG’s 2024 CEO Outlook, Canadian executives are placing sustainability at the forefront, driven by extreme weather events, disruptive technologies, regulatory changes, and...
A Revolutionary Carbon Removal Initiative Return Carbon and Verified Carbon have announced Project Concho, a groundbreaking Direct Air Capture (DAC) hub to be built in Tom Green County, Texas. This...
Details of the Transaction The European Commission raised €7 billion in its 10th syndicated bond transaction of 2024, with €3 billion allocated as NextGenerationEU (NGEU) Green Bonds. The issuance included:...
Vision 2030: Scaling Sustainability PUMA has announced its Vision 2030 sustainability goals, elevating its previous commitments to create a larger impact across climate, circularity, and human rights. “With Vision 2030,...