New Zealand is taking decisive action to restore confidence in its Emissions Trading Scheme (ETS) by significantly reducing the number of emission credits available between 2025 and 2029. The government...
PETRONAS, ADNOC, and Storegga have signed a Joint Study and Development Agreement (JSDA) to evaluate the carbon dioxide (CO2) storage capabilities of saline aquifers and develop CCS facilities in the...
Procurement’s Strategic Evolution Procurement is emerging as a key player in managing risk and driving sustainability, according to the 2024 Economist Impact report sponsored by SAP. As businesses navigate a...
The Path to a Clean Energy Future Accurate carbon accounting is key to achieving a sustainable energy transition. To track and reduce carbon emissions effectively, companies need access to detailed,...
U.S. Companies Lead on Sustainability EcoOnline’s latest survey reveals a significant shift in corporate America’s approach to climate action, with over 80% of companies proactively building net-zero programs—without waiting for...
Governance Reemerges as Top ESG Priority Morrison Foerster’s 2024 ESG survey, conducted with Corporate Counsel, reveals a notable shift in corporate focus back to governance. This year, 61% of respondents...
The Better Cotton Council has appointed new leadership, with Bill Ballenden, Head of Sustainability and Innovation at Louis Dreyfus Company (LDC) Cotton, and Tamar Hoek, Senior Policy Director for Sustainable...
The 2024 proxy season highlighted a notable shift in shareholder support for environmental, social, and governance (ESG) resolutions. While governance proposals experienced a resurgence, backing for environmental and social resolutions...
Robeco’s 2024 Proxy Voting report underscores the increasing tension between investors focused on long-term sustainability and companies navigating short-term challenges. The report, which details voting behavior at nearly 5,000 AGMs,...
Canada Growth Fund (CGF) is committing up to $100 million to Svante Technologies Inc., a leader in carbon capture solutions, to fast-track the development and deployment of their innovative technologies...
India’s Securities and Exchange Board (SEBI) is set to broaden the sustainable finance landscape in its securities market, aiming to incorporate new ESG-labeled instruments. The proposed framework, which includes the...
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 Get out your green eye shades….the next battleground for climate and sustainability is the fast paced world of accounting. For...
KLA Corporation (NASDAQ: KLAC), a leader in semiconductor equipment and services, has achieved a significant milestone: the Science Based Targets initiative (SBTi) has validated its near-term greenhouse gas (GHG) emissions...
The wave of anti-ESG sentiment is losing momentum, according to Markus Mueller, Chief Investment Officer for ESG at Deutsche Bank’s wealth management arm. “We have seen the trough in ESG...
Leading Australian banks are intensifying their efforts to align with global climate goals by cutting back on lending to carbon-intensive projects. Commonwealth Bank of Australia (CBA) has committed to reducing...
Ukraine is embarking on a $20 billion plan to significantly expand its renewable energy sector, aiming to increase the share of renewables in its energy mix to 27% by 2030....
SpaceX is set to launch Tanager-1, a methane-detecting satellite, developed by Planet Labs PBC with NASA’s Jet Propulsion Laboratory technology. This marks a significant step in tracking methane emissions, a...
Hydro One has successfully priced a $1.2 billion offering of Medium Term Notes, bolstering its commitment to sustainability. This financing, consisting of $700 million in 4.25% Series 60 Notes due...
Iberdrola’s AI-Driven Energy Revolution Iberdrola, a global leader in clean energy, has chosen Amazon Web Services (AWS) as its preferred cloud provider for generative AI workloads, signaling a strategic move...
The World Bank has priced its largest-ever outcome bond, a $225 million Amazon Reforestation-Linked Bond, designed to tie financial returns directly to the success of reforestation projects in the Amazon....
Forbes Middle East has announced its fourth annual list of the Top 100 CEOs in the region, shining a spotlight on the leaders driving success across diverse industries. This year’s...
Nest Pension is venturing into a new asset class: timberland. This strategic move is designed to diversify the pension portfolio while promoting sustainable forestry practices that benefit both the environment...
Daltex Pioneers Egypt’s Carbon Market with Landmark Credit Purchase Daltex, Egypt’s leading agribusiness and the world’s largest potato exporter, has made history by becoming the first private Egyptian company to...
Guidewheel has raised an oversubscribed $31 million Series B funding round, spearheaded by Decarbonization Partners, a collaboration between BlackRock and Temasek. This round also saw participation from notable investors including...
The oil and gas (O&G) sector faces an urgent call to decarbonize. Responsible for 85% of CO2 emissions and a significant portion of global methane emissions, this industry holds a...
Canadian ESG Investors Getting More Fund Options to Choose From Canadian investors focused on sustainability now have more choices than ever. Despite a record outflow of C$2.1 billion in Q2...
Etihad Rail, the UAE’s rail network developer and operator, has taken a significant step towards sustainability by launching a Sustainable Finance Framework. This framework is designed to align future financing...
The Asian Infrastructure Investment Bank (AIIB) has committed up to INR7.3 billion (approximately USD88 million) to the ENGIE Solar Power Project, a pivotal initiative in India’s renewable energy expansion. This...
Poland’s Offshore Wind Ambition Poland is setting sail on a significant green energy initiative, launching a nearly €5 billion ($5.46 billion) loan program aimed at bolstering offshore wind projects on...
Governor Kathy Hochul announced a significant $200 million increase in funding for zero-emission school buses, the second wave from New York’s historic $4.2 billion Environmental Bond Act. This new funding,...
Kimco Realty® (NYSE: KIM), a prominent REIT and leader in high-quality, open-air, grocery-anchored shopping centers and mixed-use properties across the U.S., has achieved a significant milestone with the full allocation...
Amazon is revolutionizing urban deliveries in the UK with its innovative micromobility hubs. These hubs, now operational in major cities like London, Manchester, Glasgow, Belfast, and Norwich, enable deliveries via...
EQT Private Equity Takes Majority Stake in AMCS EQT Private Equity has announced its acquisition of a majority stake in AMCS, a leading global provider of cloud-based, AI-enabled software for...
Standard Chartered has unveiled an innovative ESG-linked Cash Account, designed to reward corporate banking clients who achieve significant environmental, social, and governance (ESG) goals. This new offering ties credit balance...
Key Impact Points: Tesla’s Musk Makes the Case for Sustainable Energy with Trump Tesla CEO Elon Musk engaged in a two-hour conversation with former President Donald Trump, discussing the future...
Preqin, a global leader in alternative assets data, and Measurabl, the most widely adopted ESG technology in real estate, have partnered to set a new standard in ESG transparency for...
Nearly 80 Nobel laureates and former world leaders have raised strong objections to the removal of explicit references to fossil fuels in the draft UN climate pact ahead of a...
The National Academies of Sciences, Engineering, and Medicine, backed by the Bezos Earth Fund, has released a pivotal report titled “Constructing Valid Geospatial Tools for Environmental Justice.” The report, developed...
Climate-action policies and market forces are rapidly transforming the real estate industry. Achieving net-zero emissions by mid-century could add an estimated US$43 trillion to the global economy by 2070, according...
MIT researchers at the Concrete Sustainability Hub (CSHub) have introduced a groundbreaking tool that addresses the environmental challenges posed by the U.S. road infrastructure. This new framework simplifies the life-cycle...
Qantas has become a foundational investor in the Silva Carbon Origination Fund, joining industry giants Rio Tinto and BHP. Managed by Silva Capital, a joint venture between Roc Partners and...
Norges Bank Investment Management (NBIM), the investment arm of the Norwegian Central Bank, has submitted a letter to the Sustainability Standards Board of Japan (SSBJ) advocating for enhanced alignment between...
Goldman Sachs’ fund division has announced its exit from the investor engagement group Climate Action 100+, following a series of withdrawals by U.S. financial services companies facing political pressure. The...
Pivot Energy, a leading renewable energy provider, has entered into a transformative 5-year framework agreement with Microsoft to develop up to 500 MWac of community-scale solar energy projects across the...
The U.S. Department of Energy is providing a $1.45 billion loan to Qcells, a South Korean firm, to bolster the solar manufacturing supply chain in the U.S. This marks a...