Key Impact Points: Loan Guarantees Approved On October 16, 2024, the U.S. Department of Energy announced conditional loan guarantees totaling nearly $3 billion for two significant sustainable aviation fuel (SAF)...
Sustainability for All In a bid to promote sustainable development and uphold environmental commitments, the COP29 Azerbaijan Operating Company is launching an online sustainability training program. Crafted by experts from...
Key Impact Points: Bond Pricing and Details On October 15, 2024, the World Bank priced a 10-year GBP-denominated benchmark bond, raising £700 million to support sustainable development activities in its...
A Critical Report for Climate Action The Nature Positive for Climate Action report, developed by High-Level Climate Champions and CDP, offers a collection of 28 case studies that highlight the...
Amazon is accelerating its transition to carbon-free energy by investing in innovative nuclear power projects. The company has signed three new agreements to support the development of Small Modular Reactors...
In this video, Siemens Financial Services’ CEO, Anthony Casciano, joins ESG News to discuss ESG Tools and Partnerships and how access to these free ESG tools will have a material...
Key Impact Points: Why it matters: Germany, aiming to become climate-neutral by 2045, is taking bold steps to decarbonize its industries. The government’s $3.1 billion subsidies will support industrial companies...
Key Impact Points: Why it matters: eBay is scaling its Circular Fashion Fund (CFF) globally, with applications open until November 15, 2024. The fund will help innovative tech start-ups and...
Key Impact Points: Why it matters: Large companies in the EU must comply with the Corporate Sustainability Reporting Directive (CSRD) starting in 2025. Many struggle with managing sustainability data. IFS...
Key Impact Points: Middle East Sustainable Bond Market Overview According to the S&P Global Ratings Sustainability Insights: Middle East Sustainable Bond Issuance Trends Report, Middle East sustainable bond issuance reached...
Key Impact Points: Global Collaboration for Urban Climate Leadership Bloomberg Philanthropies announced its partnership with the Urban20 (U20) to support the upcoming U20 Summit in Rio de Janeiro, November 14-17,...
Key Impact Points: ADNOC has completed the acquisition of OCI Global’s majority stake in Fertiglobe, increasing its ownership to 86.2%. The remaining 13.8% of shares will continue to trade freely...
Key Findings: Global insurers are increasingly focused on low-carbon transition and clean energy infrastructure investments, according to BlackRock’s 13th annual Global Insurance Report. A staggering 99% of respondents have set...
The CDP‘s latest report, Nurturing Nature: De-risking Nature-based Finance in Asia, explores the pressing need for increased private-sector participation in nature-based financing. As biodiversity loss and climate challenges threaten up...
Key Impact Points: IBM has acquired Prescinto, a leading asset performance management (APM) SaaS provider for renewable energy. The acquisition strengthens IBM’s Maximo Application Suite (MAS), enhancing its ability to...
Key Impact Points: Fidelity International introduces the Blue Transition Bond Fund, the first global blue transition fixed income fund, designed to improve ocean and freshwater health. The fund invests in...
Key Impact Points: Saudi Arabia has completed the first hydrogen train test in the Middle East, according to Dr. Bashar Al-Malik, CEO of the Saudi Railway Company. “This project is...
Key Impact Points: Financing Announcement BrightNight has announced the successful closing of a $260 million tax-equity financing commitment for its 300-megawatt Box Canyon solar project in Pinal County, Arizona. This...
GRESB, the global sustainability benchmark and largest source of ESG data for real assets, has announced the release of its 2024 Real Estate and Infrastructure Benchmark results, marking 15 years...
To accelerate the clean energy transition across the U.S., Google has signed the world’s first corporate agreement to purchase nuclear energy from multiple small modular reactors (SMRs) to be developed...
In this video, ESG Insider co-hosts Lindsey Hall and Esther Whieldon join ESG News CEO Matt Bird to discuss their podcast journey. ESG Insider, an influential podcast from S&P Global,...
Key Impact Points: ESG Book, a leading provider of sustainability-related data on public and private companies, has announced a strategic partnership with Zfolio, the premier platform for managing financed emissions....
Meet the sustainability champions making the Middle East a blueprint for green practices Forbes Middle East has released its second annual list of the region’s sustainability leaders, recognizing the trailblazers...
Greece has presented a revised national energy and climate plan that significantly raises its renewable energy targets, aiming for renewables to account for 82% of electricity generation by 2030. This...
The Government of Canada has successfully re-opened its second Canadian-dollar-denominated green bond, raising an additional $2 billion. This re-opening of a 10-year bond is part of Canada’s commitment to regular...
Significant Investment in Sustainable Projects The Public Investment Fund (PIF) of Saudi Arabia has identified a capital expenditure requirement of $19.4 billion for its eligible green projects, with $5.2 billion...
Macquarie Group’s Managing Director and CEO, Shemara Wikramanayake, announced the Australian financial services group’s plan to invest £20 billion across its UK portfolio. A key highlight is the support for...
In this video, Thomas Körmendi, CEO of Elopak (ELO.OL), joined ESG News’ Matt Bird to discuss Elopak’s remarkable strides in sustainable packaging solutions, highlighting how the company’s innovations in emissions...
Welcome back to the ESG News Week In Review! To get ESG News’s full ‘ESG News Week In Review’ and ESG News Daily email newsletter, subscribe here. ESG NEWS SMART READ OF THE...
For more from Tim Mohin, sign up for his newsletter here With the 29th “Conference of the Parties” – (COP29, the global climate confab) – just around the corner, countries are...
Key Impact Points: Capgemini has officially expanded its partnership with sustainability leader Sustaira into a Global Alliance during Climate Week NYC 2024. This collaboration, announced shortly after the launch of...
Key Impact Points: Microsoft Cloud for Sustainability Expands with AI Enhancements: To speed up sustainability progress, Microsoft has expanded its AI capabilities in Microsoft Cloud for Sustainability, focusing on key...
Leading the Charge on Textile Waste Spain’s largest fashion companies, including Zara owner Inditex, H&M, Decathlon, Ikea, and Primark, will start collecting discarded clothes in April next year as part...
Key Impact Points: Petrobras is investing R$ 90 million to build its first pilot plant for renewable hydrogen production. Slated to begin operations by early 2026, the plant will be...
Doubling Down on Green Energy Spain’s Iberdrola, Europe’s largest electricity company, announced plans to double its UK investment to £24 billion ($31 billion) between 2024-2028. The move, ahead of the...
Advancing Climate Intelligence: S&P Global has launched the S&P Global Climate Center of Excellence, aimed at enhancing long-term climate, environmental, and nature research. The center brings together top scientists and...
Key Impact Points: ESG investment in Japan is accelerating, driven by a mix of policy support and growing investor interest. Public pension funds signing the Principles for Responsible Investment (PRI)...
Highlights: The Vistria Group is advancing its sustainable real estate strategy by partnering with Measurabl, a leader in ESG technology for real estate. This collaboration aims to enhance the preservation...
Innovative Financing for Sustainable Development CDPQ, a global investment group, and Nuveen Green Capital (NGC), a leader in sustainable commercial real estate financing solutions, announced the launch of a $600...
Key Impact Points: ING, the global wholesale bank, has appointed Jonathan Keyes as the new Head of Sustainable Finance for the Middle East, underscoring its commitment to sustainability in one...
Key Impact Points: The Government of Canada is advancing a Made-in-Canada sustainable investment taxonomy aimed at accelerating progress toward net-zero emissions by 2050. This taxonomy will provide a framework for...
Key Impact Points: RepRisk’s latest research reveals a 12% decrease in global greenwashing risk across all sectors for the year ending June 2024, marking the first decline in six years....
Key Impact Points: The European Mortgage Federation – European Covered Bond Council (EMF-ECBC) and the Climate Bonds Initiative (Climate Bonds) have joined forces to certify bonds aligned with the European...
Key Impact Points: Plans to build the UK’s first deep coal mine in over three decades have been blocked by the High Court. The mine, proposed for Whitehaven in Cumbria,...
Key Impact Points: Carlsberg Group’s ESG Journey with Deloitte As a global brewery leader, the Carlsberg Group has made significant strides in meeting its environmental, social, and governance (ESG) targets....
Key Impact Points: Google advances 24/7 clean energy goal energyRe announced that Google has signed a 12-year power purchase agreement (PPA) for renewable energy from a 435-megawatt (MWdc) solar project....
Key Impact Points: Goldman Sachs Boosts BrightNight’s Renewable Energy Expansion with $440M Investment Goldman Sachs Alternatives has made a $440 million equity investment in BrightNight, a next-generation renewable energy company....