ESG Africa
ERM, the world’s leading sustainability consultancy, has teamed up with osapiens, an AI-driven ESG platform provider, to help businesses manage and act on ESG data. This partnership aims to simplify...
Allianz Global Investors (AllianzGI) has secured EUR 560mn in total commitments at the first closing of its Impact Private Credit (IPC) strategy. Key investors include Allianz, APG Asset Management, the...
The 2024 State of the Energy Union report highlights the EU’s significant progress in ensuring secure, competitive, and affordable energy, while also laying the groundwork for future economic growth and...
Standard Chartered Leads Innovative Financing for Carbon Removals Standard Chartered is breaking new ground by providing debt financing to UNDO, a project developer specializing in enhanced rock weathering, a method...
China’s Envision Group Expands Green Hydrogen Efforts in Spain Spain has signed a $1 billion deal with China’s Envision Group to build a factory producing electrolysers, a critical component for...
Deloitte’s 2024 CxO Sustainability Report reveals a growing commitment to sustainability, with 85% of CxOs increasing their investments, up from 75% last year. This shift signals climate action’s lasting presence...
The U.S. Environmental Protection Agency (EPA) has released proposed updates to its Recommendations of Specifications, Standards, and Ecolabels for Federal Purchasing. These updates are aimed at helping federal government buyers...
HSBC Asset Management (HSBC AM) expands its private credit capabilities by launching the Global Transition Infrastructure Debt and European Senior Direct Lending strategies, further scaling its USD 6.5 billion global...
Thomson Reuters Announces Integration with SAP for ESG Reporting Thomson Reuters (TSX/NYSE: TRI) has partnered with SAP to launch a product integration that simplifies Environmental, Social, and Governance (ESG) reporting...
Oracle recently introduced Oracle Fusion Cloud Sustainability, a new application within its Fusion Cloud Applications Suite. The offering helps organizations manage and report on sustainability initiatives efficiently—at no additional cost....
Patagonia is taking bold steps to protect global forests by joining Canopy’s Pack4Good initiative. The outdoor apparel giant has committed to sourcing its packaging from non-forest fibers, aiming to eliminate...
The European Investment Bank (EIB) and the Development Bank of Southern Africa (DBSA) have increased their support for private sector renewable energy projects, boosting their combined financing to €600 million...
Worldly, a leader in supply chain sustainability insights, launched its Product Impact Calculator, the first tool to seamlessly integrate primary supply chain data with pre-built product impact models. This innovation...
QNB Group has signed a landmark agreement with DHL Express to incorporate Sustainable Aviation Fuel (SAF) into its shipping solutions, cutting CO2 emissions by 50% for all express air shipments....
A new report by the Transition Pathway Initiative (TPI), based at the London School of Economics, finds that 30% of the world’s largest corporate emitters now have climate targets aligned...
New analysis by the Travel Smart campaign, led by T&E, reveals that tech companies are significantly cutting business travel emissions, with an average reduction of 49% in 2023 compared to...
The 2024 UK Net Zero Business Census sheds light on the nation’s progress toward reducing carbon emissions. The study, which is the largest of its kind, surveyed over 2,000 businesses,...
Upright has just launched a groundbreaking open database, the first of its kind, covering the science-based impact of over 35,000 mutual funds and ETFs worldwide. This initiative offers an unprecedented...
The Growing Role of ESG Ratings With 94% of investors relying on ESG ratings at least once a month, the influence of these tools in financial markets has surged. Despite...
ClimeCo, a leader in decarbonization and sustainability solutions, has introduced the ClimeCo Certified Product™ Program to address the growing demand for sustainable products. This program offers businesses a way to...
Brookfield Asset Management has partnered with Infinium, the first producer of ultra-low carbon eFuels, to invest up to $1.1 billion in scaling Infinium’s sustainable aviation fuel (eSAF) and other eFuels...
Google has announced a groundbreaking partnership with Holocene to purchase carbon removal credits at the lowest price recorded for direct air capture (DAC) technology: $100 per ton. This marks a...
AI-Powered Platform ESGSure Revolutionizes ESG Research ESG Data & Solutions (ESGDS) has launched ESGSure, an artificial intelligence-powered platform designed to simplify and scale environmental, social, and governance (ESG) research. It...
Nordea Asset Management (NAM), a leading Nordic investment manager, has been awarded a $450 million global equity mandate by the California State Teachers’ Retirement System (CalSTRS). CalSTRS, one of the...
The UK Financial Conduct Authority (FCA) has extended the deadline for sustainable fund marketing rules to April 2025. This extension applies to the “naming and marketing” rules designed to curb...
Euronext Expands Sustainable Finance Tools Euronext has launched a series of ESG initiatives to support sustainable finance and corporate transparency, announced during Euronext Sustainability Week. These new tools are part...
India has unveiled its largest wind energy project, which will power 3 million households. The 1,166-megawatt (MW) initiative is a collaboration between government-owned NTPC Green Energy Limited (NGEL) and Suzlon...
Novata Expands with New Sustainability Tools for Private Companies Novata, a leader in sustainability management for private markets, has launched “Novata for Companies,” a new platform designed to help private...
Robeco has unveiled its new High Income Green Bonds strategy, becoming the first asset manager to offer an Article 9 green bond strategy in the credit market. This innovative approach...
Nasdaq Dubai has welcomed a $400 million Green Bond issued by the Bank of China (Dubai Branch), part of the bank’s $40 billion Medium Term Note Programme. The bond, rated...
As global ESG reporting regulations tighten, companies are under pressure to improve their sustainability data management. Yet, according to an Accenture study, only 10% of CFOs feel ready for detailed...
Equinix, the world’s leading digital infrastructure company, has issued more than $750 million in green bonds, furthering its commitment to sustainability. With these new bonds, Equinix has raised a total...
The Big Picture Australia’s mandatory climate reporting starts January 1, 2025, following the passage of the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill. Royal Assent is expected...
The Asian Development Bank (ADB) has committed to dedicating 50% of its annual lending to climate finance by 2030, significantly increasing its previous target of 35%. This forms part of...
CEOs’ Priorities Shift Away From Sustainability New research from Bain & Company reveals a sharp decline in CEOs’ focus on sustainability as artificial intelligence, inflation, and geopolitical uncertainties rise to...
Schneider Electric, a leader in energy management, has partnered with GR3N to revolutionize the plastic recycling industry. GR3N’s Microwave Assisted DEpolymerization (MADE) process breaks down polyethylene terephthalate (PET) waste into...
The U.S. Environmental Protection Agency (EPA) has issued three draft permits to Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental Petroleum, for the underground storage of carbon dioxide. These...
Nasdaq ESG Solutions has partnered with Crux, a sustainable finance technology company, to help businesses navigate the emerging market of transferable tax credits. This collaboration allows companies to both manage...
ESG has had its ups and downs over the last few years. We hit peak ESG in 2021 with record investment flowing toward ESG-labeled funds and the highest number of mentions in earnings...
SEB’s Sustainable Investment Commitment SEB has unveiled the SEB Global Sustainable Companies Fund, a groundbreaking investment vehicle dedicated to companies that excel in environmental and social responsibility. As a pioneer...
Europe’s climate is changing fast, bringing extreme weather that poses significant risks to the region’s economy, environment, and health. With the continent warming at twice the global average since 1980,...
Volvo Trucks is set to revolutionize the electric truck market with its latest model, which boasts a range of up to 600 km on a single charge. This new capability...
BNP Paribas Accelerates Ecological Transition with €150M Fund BNP Paribas Asset Management (BNPP AM) announced that the BNP Paribas Solar Impulse Venture Fund (BNPP SIVF) has successfully raised its minimum...
The United Nations is collaborating with the Government of Tajikistan to develop a green bond market, aiming to enhance sustainable finance in the country. The UN Economic and Social Commission...
Mercedes-Benz Research and Development India (MBRDI) has broadened its Sustainability Garage initiative, an effort aimed at promoting sustainable mobility and environmental innovation. This expansion includes the establishment of two new...
Addressing the Heat Crisis Google Research is harnessing the power of AI to tackle one of the most pressing environmental challenges: extreme urban heat. The new Heat Resilience tool, developed...
Fastmarkets, a leader in cross-commodity price reporting, has launched its first sustainable aviation fuel (SAF) prices for the North American market. This new initiative is designed to enhance transparency and...
BNP Paribas Asset Management (BNPP AM) has launched two new equity funds under its Active Beta exchange-traded funds (ETFs) range: the BNP Paribas Easy Sustainable Japan UCITS ETF and the...
ADNOC’s Strategic Stake in ExxonMobil’s Hydrogen Plant Abu Dhabi’s ADNOC will acquire a 35% stake in ExxonMobil’s upcoming hydrogen plant in Baytown, Texas. This move is part of a broader...
Volvo Car AB has revised its electric vehicle (EV) strategy, moving away from its initial goal of becoming fully electric by 2030. Instead, the company now plans for plug-in hybrids...
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