ESG Africa
DP World has secured validation from the Science Based Targets initiative (SBTi) for its ambitious carbon reduction targets. The SBTi, a leading authority on corporate climate action, endorsed DP World’s...
Dubai Chamber Launches ESG Label for Businesses The Dubai Chamber of Commerce has unveiled its new Environmental, Social, and Governance (ESG) Label, a strategic initiative to promote sustainable business practices...
Middle Eastern Banks Invest $500M in Malaysia’s Pengerang Energy Complex Leading Middle Eastern banks and financial institutions have invested $500 million to finance Malaysia’s Pengerang Energy Complex, a facility that...
Capgemini’s Latest Insights on Data Mastery and AI Integration Capgemini’s latest report, Data-Powered Enterprises: The Path to Data Mastery, reveals a significant shift in how organizations are harnessing data for...
U.S. hospitals are adopting medical device reprocessing as a key strategy to cut costs, reduce waste, and minimize greenhouse gas emissions. Cardinal Health’s Sustainable Technologies™ division is leading this shift,...
The 2024 Chartered Accountants IFRS Survey provides critical insights into the perspectives of Chartered Accountants (CAs) on the impacts, challenges, and opportunities in financial reporting standards. As the financial landscape...
The European Commission’s REPowerEU Plan, launched in May 2022, aims to transform Europe’s energy landscape by reducing reliance on Russian fossil fuels and boosting renewable energy production. This strategic move...
Sunly’s Major Investment Move Renewable energy company Sunly has secured €300 million in funding to enhance its production capacity in the Baltics and Poland. This significant investment, sourced from prominent...
Water is a critical component for every industry, whether directly or indirectly, through its use in cooling, heating, transport, or agriculture. The 2023 CDP Global Water Report reveals that 1...
The LEGO Group is urging fans to “keep the play alive” by passing on their bricks. The new “made to be played” campaign celebrates the enduring value of LEGO® bricks,...
Rockwell Automation Appoints Emmanuel Guilhamon as VP of Sustainability Rockwell Automation, the global leader in industrial automation and digital transformation, has appointed Emmanuel Guilhamon as Vice President of Sustainability, effective...
Allianz Partners India and Pulse Energy have announced a strategic partnership aimed at revolutionizing the electric vehicle (EV) ownership experience across India. By combining Allianz Partners’ extensive mobility assistance network...
As someone who uses Asana daily to manage my projects and tasks at ESG News, I’ve grown to appreciate not just its utility but the way it seamlessly integrates various...
UltraTech Cement Limited has successfully secured $500 million through a sustainability-linked loan, underscoring its commitment to sustainability and ESG (Environmental, Social, and Governance) goals. This transaction, completed with the participation...
Wärtsilä and Eidesvik Offshore are making history. In a groundbreaking partnership, the two companies are set to convert the offshore platform supply vessel (PSV) ‘Viking Energy’ to operate on ammonia...
A recent report by the Actuaries Institute reveals a concerning rise in home insurance affordability stress in Australia. The “Home Insurance Affordability and Home Loans at Risk Report,” authored by...
IHG Hotels & Resorts is making strides in sustainability with its new Low Carbon Pioneers program. CEO Elie Maalouf shared insights on this initiative, which focuses on reducing carbon emissions...
IBM’s “Sustainability Technology Guide for Executives” offers a comprehensive roadmap for Asia Pacific businesses to harness technology for sustainability. Despite the growing importance of sustainable practices, only 21% of organizations...
As the demand for reliable Environmental, Social, and Governance (ESG) reporting grows, FTSE 100 companies are increasingly turning to external assurance to enhance transparency and meet stakeholder expectations. This trend,...
AQR Capital Management LLC, a leading quantitative firm, has attracted approximately $350 million for its newly launched Adaptive Equity Market Neutral UCITS Fund. The fund aims to demonstrate that environmental,...
Norges Bank Investment Management (NBIM) has taken a significant step in expanding its renewable energy portfolio. On August 23rd, NBIM committed €900 million to Copenhagen Infrastructure Partners’ (CIP) fifth flagship...
Ikea has launched “Ikea Preowned,” a peer-to-peer marketplace that allows customers to buy and sell secondhand Ikea furniture directly to each other. This move marks Ikea’s entry into the secondhand...
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 To say the SEC’s Climate Rule has gone through the wringer would be an understatement. The policy has faced fierce...
Germany’s Households and Sustainable Investments Germany’s households hold a substantial role in financing the green transformation. According to KfW Research, 44% of households are either already investing in sustainable financial...
Australia’s Senate has passed the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024, setting the stage for a new era of mandatory climate risk disclosures. Starting in...
Brazil is stepping up its commitment to sustainable aviation fuel (SAF) production with a substantial $1.1 billion financing initiative. The country’s development bank, BNDES, and government funding agency, Finep, are...
LGT Capital Partners’ 2024 ESG Report highlights the growing dedication among alternative investment managers to Environmental, Social, and Governance (ESG) standards. Over the past decade, the percentage of private equity...
Aramex Boosts Sustainability with New CSO Appointment Aramex, a global leader in logistics and transportation, has appointed Manosij Ganguli as Group Chief Sustainability Officer. This move signals Aramex’s deepening commitment...
The 2024 sustainability landscape has ushered in a significant era of ESG capacity building, with companies making strides in embedding sustainability into their core operations. According to Deloitte’s 2024 Sustainability...
Japan made a significant stride in energy transition on Wednesday by signing 70 memorandums of understanding (MOUs) with various partners. These agreements were secured during the Asia Zero Emission Community...
India is making a bold move toward environmental sustainability with the “Indian Zero Emission Trucking Policy Advisory,” aiming to transition entirely to zero-emission trucks (ZETs) by 2050. The government’s Office...
China, the world’s largest builder of coal-fired power stations, made a significant shift in the first half of 2024, reducing new coal power plant permits by nearly 80%, according to...
The Network for Greening the Financial System (NGFS) has published two pivotal reports addressing nature-related risks, underscoring the urgency for central banks and financial supervisors to integrate these risks into...
In 2023, the US oil and gas industry defied significant commodity price drops to not only increase production but also maintain shareholder value. Despite an 18% drop in West Texas...
China’s National Development Bank (NDB) has taken another significant step in supporting sustainable finance by issuing 12 billion yuan (approximately $1.7 billion) in green financial bonds. These three-year bonds, offered...
Uber Technologies has appointed Rebecca Tinucci, former Tesla executive, as its Global Head of Sustainability. Starting on September 16, Tinucci will spearhead Uber’s ambitious goal to electrify its fleet by...
TotalEnergies SE faced a significant setback when South Africa’s Advertising Regulatory Board (ARB) ruled that the company’s sustainability claims were “misleading,” marking the first such challenge in the country. Fossil...
Australia has officially approved SunCable’s ambitious Australia-Asia Power Link (AAPowerLink), a $13.5 billion solar power project that will export renewable energy from the Northern Territory to Singapore via a 4,300...
RepAir Carbon US Inc. and C-Questra have teamed up to launch the European Union’s first onshore Direct Air Capture and Storage (DACS) project in Grandpuits, France. This collaboration marks a...
Amprion has successfully issued a green bond worth €1.1 billion, split into two tranches. This bond issuance, which falls under Amprion’s €9 billion debt issuance program, was met with significant...
The World Bank has successfully issued a €2.5 billion 7-year euro-denominated bond, marking its first such issuance in fiscal year 2025. The bond, maturing in August 2031, attracted significant interest...
The World Bank (IBRD, Aaa/AAA) successfully raised $6.5 billion through a dual-tranche Sustainable Development Bond issuance, marking its largest order book to date. The offering included a $3 billion 2-year...
ESG Book, a global leader in sustainability data and technology, has announced a strategic partnership with Vyzrd, a prominent Climate Risk and ESG intelligence platform. This collaboration merges ESG Book’s...
The Pan African Federation of Accountants (PAFA) has taken a significant step forward by officially approving the establishment of a Centre of Excellence (CoE) for Sustainability. This strategic initiative is...
Google has achieved a significant milestone by making the packaging for its Pixel, Nest, and Fitbit devices 100% plastic-free, well ahead of its 2025 goal. This move is part of...
Deep sea mining poses significant risks to biodiversity and business profitability, despite its marketing as a “clean economy accelerator” and an “$8 trillion opportunity.” The International Seabed Authority (ISA) has...
Environmental, social, and governance (ESG) investing is thriving in Japan, contrasting sharply with global trends where ESG momentum is slowing. Japan’s balanced approach has made it more attractive to corporations...
ESG Megatrends: The Forces Shaping Corporate Sustainability The Sustainability Megatrends Report by Cushman & Wakefield reveals seven key areas driving the integration of ESG (Environmental, Social, Governance) across industries. Here’s...
Boeing [NYSE: BA] is reinforcing its commitment to sustainable aviation by investing in Wagner Sustainable Fuels’ new production facility in Brisbane. This strategic move aims to significantly boost Australia’s supply...
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