Follow ESG News on Linkedin The Climate Investment Funds (CIF) governing board approved a groundbreaking $70 million investment for Turkey. This plan will support Turkey’s clean energy ambitions by boosting the...
Follow ESG News on Linkedin The European Investment Bank (EIB) and Cassa Depositi e Prestiti (CDP) have expanded their partnership, signing an agreement aimed at accelerating sustainable development in Italy’s public...
Follow ESG News on Linkedin The Federal Republic of Germany has appointed DZ BANK AG and Deutsche Bank as joint ESG coordinators for a planned update to its Green Bond Framework,...
Follow ESG News on Linkedin BBVA has reached a remarkable milestone in sustainable finance, channeling €71 billion into sustainable business initiatives from January to September 2024. The bank’s significant growth represents...
Follow ESG News on Linkedin DBS Bank has appointed Shilpa Gulrajani as its new Head of Sustainable Finance for Institutional Banking. Gulrajani joins DBS after more than two decades with BNP...
In this exclusive interview, Jim Coleman, CEO of LION Power, joined ESG News to discuss bringing lithium-ion battery technology manufacturing to the United States. The company aims to capture market...
Terrascope’s Chief Commercial Officer Felipe Daguila joined ESG News’ Melike Ayan to unpack how Terrascope leverages data to drive sustainability decisions and decarbonization in the food and agriculture industries. Here is...
In a groundbreaking move for sustainable air travel, California Governor Gavin Newsom announced a pioneering partnership between the state and Airlines 4 America (A4A) to increase the use of sustainable...
Amcor, a leader in responsible packaging, has announced two major executive appointments aimed at propelling organic growth and enhancing sustainability across its operations. Fred Stephan, former President of Amcor Flexibles...
Bain Capital has acquired an 80% stake in AQ Compute, Aquila Group’s data center business, marking a major move to create a sustainable data center platform across Europe. AQ Compute,...
The Science Based Targets Network (SBTN) has announced that Kering, GSK, and Holcim are the first companies to publicly adopt science-based targets for nature, addressing freshwater and land. These actions...
Allianz Trade has launched Surety Green2Green, a pioneering product designed to advance global sustainability efforts by supporting low-carbon technologies and renewable projects. Through this new solution, Allianz Trade issues surety...
1PointFive and Enterprise Partner on CO₂ Pipeline to Support Texas Carbon Sequestration Hub for Industrial Decarbonization Oxy’s 1PointFive, a leading company in carbon capture, utilization, and sequestration (CCUS), and Enterprise...
LGT Wealth Management, a top wealth manager in the UK, has appointed Phoebe Stone as its first Chief Sustainability Officer (UK), underscoring its commitment to sustainability and advancing its Net...
Morgan Stanley has revised its 2030 climate targets, setting sector-specific emissions reductions within a 1.5–1.7°C warming limit. This range acknowledges global challenges in meeting the 1.5°C target of the Paris...
Verdane, the European growth investment firm, has announced the final close of its Idun II fund at a €700 million hard cap, a significant milestone aimed at investing in businesses...
The UN-backed Net-Zero Asset Owner Alliance (NZAOA) reported a record $175 billion investment in climate-focused solutions by its members in 2023, marking a nearly 38% jump from the previous year’s...
Since its founding in 1997, the Cisco Foundation has been at the forefront of social impact, evolving from supporting local needs in the Bay Area to becoming a global force....
ACWA Power recently signed agreements exceeding $1.78 billion, focused on advancing renewable energy, battery storage, and R&D efforts across regions, including the Gulf, China, Central Asia, and North Africa. These...
Ørsted has entered a strategic partnership with Brookfield Asset Management, its institutional affiliates, and Brookfield Renewable, who will acquire a 12.45% minority stake in four of Ørsted’s UK offshore wind...
As we have been discussing about sustainability and fosil sources it is timely where data is the new oil and computational power is its refinery. In this extend, parallel computing...
Key Impact Points Aviva Investors Launches Carbon Removal Fund Aviva Investors has launched an innovative Carbon Removal Fund (CRF) that offers institutional investors access to a range of high-integrity carbon...
Dow and Ambipar have joined forces to expand plastic materials recycling in Brazil. The partnership will drive polyethylene recycling from 2,000 tons to 60,000 tons per year by 2030, positioning...
Amazon’s Climate Pledge Fund (CPF) is expanding its sustainability investments with three new companies focused on critical climate issues—e-waste, carbon storage, and low-carbon construction. These investments support Amazon’s commitment to...
KKR and ECP’s $50B partnership will drive significant investment in data centers and power infrastructure, responding to the growing demand driven by AI and cloud computing. The strategic partnership combines...
Greenwashing Fears in Sustainability Reporting: CFOs and Investors Sound Alarm Concerns over the credibility of sustainability claims are growing, with 55% of CFOs surveyed in EY’s 2024 Global Corporate Reporting...
ESG demand outpacing preparedness According to the 2024 Future Ready Lawyer Survey by Wolters Kluwer, the legal industry is facing a sharp rise in demand for ESG-oriented services. The survey...
The ESG Data Landscape: As climate risks and policy shifts reshape the business environment, investors are under growing pressure to make decisions based on reliable ESG data. Polling at the...
Energy Transition Infrastructure: A Growing Investment Opportunity Since 2014, energy transition infrastructure has attracted $892 billion in capital commitments. Nearly a quarter of these funds have flowed into specialist funds,...
PwC has made significant strides in its sustainability initiatives, achieving 95% renewable electricity usage in 2024 and a 71% reduction in Scope 1 and 2 greenhouse gas emissions from a...
Key Takeaways: MUFG Bank, Ltd. announced the launch of MUFG CashFolio™, a new liquidity trading portal developed in partnership with BNY Mellon. This online tool gives institutional clients greater access...
Lloyd’s and MIGA Boost Climate-Smart Agriculture with $1.2 Billion Guarantee Lloyd’s, the world’s leading insurance marketplace, announced a formal partnership with the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA)...
Key Impact Points: Finance chiefs globally are grappling with concerns over the integrity and reliability of nonfinancial data in corporate reporting, according to the 2024 EY Global Corporate Reporting Survey....
Key Takeaways: The Green Climate Fund (GCF) has approved financing proposals totaling $2.687 billion for three multi-country programs: Greening Financial Systems, the Smart Resilient Agriculture Investment Fund, and the Resilient...
ERM, the world’s largest specialist sustainability consultancy, has secured the highest scores across all categories in new research by independent analyst firm Verdantix. Why it matters: As businesses increasingly prioritize...
Key Takeaways: Intercontinental Exchange, Inc. and Dun & Bradstreet Holdings, Inc. have announced plans to launch a new climate risk data service targeting a broad universe of public and private...
Key Impact Points: The News: New York City Comptroller Brad Lander has proposed a policy for the city’s public pension funds to cease future investments in midstream and downstream fossil...
Key Impact Points: KPMG in Singapore and ACCA have introduced an innovative ESG learning programme aimed at equipping both accountants and non-accountants with future-ready skills in environmental, social, and governance...
Key Impact Points: Levi Strauss & Co. (LS&Co.) has released its inaugural climate transition plan, outlining a clear roadmap to reduce greenhouse gas (GHG) emissions and achieve Net Zero status...
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...
Follow ESG News on Linkedin On Monday, COP16 – the United Nations Biodiversity Conference of the Parties (COP) to the UN Convention on Biological Diversity – kicked off in Cali,...
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...
Mastercard, alongside Conservation International and the World Resources Institute, has expanded the Priceless Planet Coalition’s restoration portfolio with three new sites and the expansion of six existing projects. This marks...
Key Impact Points: The Science Based Targets initiative (SBTi) has launched a new website, www.sbtiservices.com, aimed at providing businesses and financial institutions with the resources and tools they need to...