ESG Africa
Aramco has signed a Memorandum of Understanding (MoU) with King Abdullah University of Science and Technology (KAUST), pledging up to $100 million over the next 10 years to fund research...
South Africa is on the brink of a renewable energy revolution, with President Cyril Ramaphosa highlighting its potential to spur significant economic growth and job creation over the next decade...
Autonomy, the leading EV subscription company, is transitioning from vehicle subscriptions to a SaaS model with the launch of Autonomy Data Services (ADS). Partnering with Deloitte, ADS aims to expand...
IBM and WWF-Germany have announced a groundbreaking collaboration to develop an AI-powered solution aimed at supporting the conservation of keystone species, starting with the critically endangered African forest elephant. This...
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 Kamala Harris has a long history of supporting climate policy. This week’s announcement of Minnesota Governor Tim Walz as her running mate further...
3Degrees, a global leader in climate solutions, has unveiled its Supply Chain Emission Reduction Agreement, a groundbreaking product designed to assist organizations in reducing Scope 3 emissions within their agricultural...
The BBC has solidified its commitment to a sustainable future with the approval of ambitious Net Zero targets, verified by the Science-Based Targets initiative (SBTi). These targets are a cornerstone...
CBRE has significantly bolstered its sustainability advisory capabilities in the Asia Pacific (APAC) region by acquiring Paia Consulting, a specialist sustainability consulting firm based in Singapore. This strategic acquisition doubles...
Spiritus, a leader in climate technology, is advancing its Direct Air Capture (DAC) ambitions with the recent filing of a Class VI permit application with the Wyoming Department of Environmental...
In a rapidly evolving technological landscape, C-level leaders are prioritizing ethical governance in artificial intelligence (AI) to foster innovation while ensuring responsibility. A Deloitte study, “Leadership, governance and workforce decision-making...
In Defense of Investor Interests The U.S. Securities and Exchange Commission (SEC) is staunchly defending its climate disclosure rule in court, asserting that the rule is vital for providing investors...
The UK government is set to propose a law in 2025 aimed at regulating providers of Environmental, Social, and Governance (ESG) ratings, a move that could reshape the landscape of...
Key Impact Points: The Great Barrier Reef, one of Earth’s most iconic natural wonders, is facing unprecedented threats due to rising ocean temperatures, according to new research published in Nature....
Natural Resources and Carbon Emissions: The Role of Risk Factors The management of natural resources is crucial for reducing carbon emissions. This study investigates how economic, financial, and political risks...
The European Commission has released detailed guidelines on the implementation of the EU Corporate Sustainability Reporting Directive (CSRD). The CSRD, introduced through Directive (EU) 2022/2464, aims to enhance transparency and...
Freeport East Partners with ITES for Green Transport Growth Freeport East has teamed up with Innovating for Transport and Energy Systems (ITES) to drive clean transport innovation and enhance trade...
China has released a comprehensive plan to standardize carbon emission calculations across key sectors to meet its carbon reduction targets. By the end of 2024, China will publish 70 national...
Allianz UK has appointed Bethany Thomas as the Head of Sustainability in a newly created role, centralizing their sustainability strategy. This senior position highlights Allianz’s commitment to sustainability across its...
Microsoft has announced an expansion of its sustainability solution offerings aimed at easing the challenges of ESG disclosure reporting. The new Project ESG Reporting (preview) offers standardized templates based on...
Blackstone (NYSE: BX) announced a majority investment in Westwood Professional Services, Inc. (Westwood), a leading engineering and design firm specializing in renewables, power, real estate, and public infrastructure. This investment...
The Integrity Council for the Voluntary Carbon Market announced that current renewable energy methodologies won’t qualify for the high-integrity CCP® (Core Carbon Principles) label. These methodologies, representing nearly a third...
RM20 Billion Commitment to ESG The Retirement Fund Inc (KWAP) has pledged $4.5 billion to increase its focus on transition assets, reinforcing its commitment to sustainable investment. Driving Meaningful Change...
Pioneering Efficiency and Safety Ørsted, a global leader in offshore wind, has launched the world’s first heavy-lift cargo drone (HLCD) operations at the Borssele 1&2 Offshore Wind Farm. This marks...
The Ministry of Trade and Industry (MTI) introduced the Energy Transition Measures and Other Amendments Bill to Parliament, aiming to amend the EMA Act, Electricity Act, and Gas Act. These...
Quinbrook Infrastructure Partners, a global investment manager specializing in energy transition infrastructure, has closed its Net Zero Power Fund (NZPF) with $3 billion in capital commitments. This fund is Quinbrook’s...
Climate Impact Partners has launched a groundbreaking program to scale novel carbon dioxide removal (CDR) technologies, enabling companies from SMEs to multinationals to finance innovative solutions and meet global climate...
Standard Chartered announced the successful closing of a six-year, $235 million non-recourse senior secured term green loan. The funds will develop, construct, and operate a 1.35 million square foot solar...
Iberdrola, through its US subsidiary NYSEG (New York State Electric & Gas Company), successfully placed a USD 525 million (EUR 490 million) 10-year green bond issue in the US. This...
Uber Technologies, Inc. (NYSE: UBER) and BYD Co. Ltd. have announced a strategic partnership to bring 100,000 new BYD electric vehicles (EVs) onto the Uber platform across key global markets....
Despite data quality issues, a significant number of companies are integrating sustainability into their strategies. According to Deloitte’s 2024 “Sustainability Action Report,” over 75% of executives have seen progress in...
The APEC Business Advisory Council (ABAC) wrapped up its Tokyo meeting with a strong call for action on trade, digitalization, and climate response. Urgent Economic and Climate Action “Tackling trade...
PwC Embraces AI and Sustainability for Future Growth PwC is set to make significant strides in AI and sustainability as it enters FY25, aiming to create new value for clients....
The International Finance Corporation (IFC) and Citi have unveiled a $2 billion program to bolster sustainable supply chain finance in emerging markets. The initiative, starting with a $500 million facility...
Gulf International Bank (GIB) Asset Management (UK) has appointed Victoria Barron as Chief Sustainability Officer. Barron will spearhead GIB’s sustainability agenda, enhancing governance frameworks and corporate sustainability projects. Barron brings...
Investment Announcement Stanley Capital Partners (SCP) and Goldman Sachs Alternatives have announced a majority investment in SePRO Corporation, a leader in sustainable water quality solutions. The financial details remain undisclosed....
MUFG has introduced a new “Sustainable Finance Framework” to bolster its efforts in promoting sustainability through capital markets funding. As part of this initiative, MUFG obtained a Second Party Opinion...
Woodside Acquires OCI Clean Ammonia Project Woodside announced the acquisition of OCI Clean Ammonia Holding B.V. and its low carbon ammonia project in Beaumont, Texas, for $2.35 billion. The project,...
Mitsubishi Heavy Industries, Ltd. (MHI) has submitted a revised shelf registration statement for the issuance of its third series of transition bonds. This marks the third consecutive year MHI has...
MioTech is leveraging tougher ESG disclosure rules to expand its sustainability data and software services. Founder and CEO Jason Tu outlined plans for more partnerships to help clients meet regulatory...
Britain’s financial watchdog has expanded the range of “dormant” assets, potentially unlocking an extra 880 million pounds ($1.12 billion) to fund social and environmental projects. This expansion aims to support...
A recent report by Environmental Resources Management (ERM) highlights a significant issue within the ESG rating market: greenwashing. According to the study, 68% of corporate leaders in the United States...
Corporate Sustainability vs. Employee Priorities In the Middle East, while companies focus heavily on ESG and sustainability, employees are more concerned with personal benefits such as fair pay and career...
The UN Development Programme (UNDP) has partnered with the Global Reporting Initiative (GRI), GSG Impact, IFRS Foundation, and International Organization for Standardization (ISO) to establish Sustainability Disclosure and Management Hubs...
Breakthrough Energy Ventures (BEV), backed by Bill Gates, has secured $839 million for its third flagship fund, BEV III, according to a recent regulatory filing. This makes it the largest...
Iberdrola has secured a €500 million syndicated green loan with ICO, Sabadell, and HSBC, covered by Cesce through its Green Investment Policy on behalf of the State. The loan, guaranteed...
In a landmark ruling, Australia’s Federal Court ordered Mercer Superannuation (Australia) Limited to pay an $7.4 million penalty for misleading claims about the sustainability of its superannuation investment options. Mercer...
Accenture (NYSE: ACN) has acquired BOSLAN, a leading provider of management services for large infrastructure projects based in Bilbao, Spain. This acquisition will enable Accenture to reinvent how clients engineer...
Goldman Sachs Fuels BrightNight’s Growth BrightNight, a top renewable power firm, secures a $440 million investment from Goldman Sachs Alternatives. This funding will fully finance BrightNight’s five-year plan and its...
Masdar, the UAE’s clean energy leader, has signed an agreement with TotalEnergies to explore a commercial project converting green hydrogen to methanol and then to Sustainable Aviation Fuel (SAF). The...
Official logo of ESG News (C) 2025