The European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) published their Final Reports on Greenwashing in the financial sector. Key Impact Points: The European Supervisory Authorities (EBA, EIOPA,...
The Galapagos Islands, renowned worldwide for their unparalleled biodiversity and unique ecosystems, face mounting environmental and human-induced threats. In response to these pressing challenges, the Charles Darwin Foundation (“CDF”) and...
Key Impact Points: Sumitomo Corporation has updated its material issues and policies to align with its goals for sustainable growth and addressing social challenges, particularly climate change. These updates reflect...
Key Impact Points: China has announced plans to establish a comprehensive carbon footprint management system by 2027. This ambitious initiative aims to track and reduce carbon emissions across various industries,...
The Project Phase 1, which targets to replant Portulacaria afra thicket across 10,000 hectares, is being funded under a syndicated senior secured stream agreement, led by Mirova, an affiliate of Natixis Investment...
New disclosure platform unveiled to unlock faster action, harmonize global standards and make disclosure more efficient In a move set to kickstart a new era of more efficient disclosure and...
A new report published today by the City of London Corporation and Climate Policy Initiative (CPI) has revealed that tracked UK financial institutions have almost tripled their investment into clean-energy...
Key Impact Points: Amazon, Google, Microsoft, Nucor, and Duke Energy have joined forces to accelerate carbon-free energy generation through innovative tariff agreements. These agreements, known as Accelerating Clean Energy (ACE)...
UBS Global Wealth Management (GWM) launched the engagement fund in a collaborative approach with Rockefeller Asset Management (Rockefeller). The UBS Rockefeller Ocean Engagement Fund, seeks to provide financial returns and...
Mizuho Financial Group, Inc. (President & Group CEO: Masahiro Kihara), one of Japan’s leading global financial institutions, and London Stock Exchange Group (CEO: David Schwimmer; LSEG) announce an agreement to...
Key Impact Points: In a historic election, Mexico has elected Claudia Sheinbaum as its first female president. Winning between 58.3% and 60.7% of the vote, Sheinbaum’s victory signifies a pivotal...
Report assesses 11 apparel and footwear companies’ insufficient efforts to eliminate fossil fuels from supply chains, manufacturing, shipping A 2024 report update to last year’s Fossil-Free Fashion Scorecard released today by environmental...
Deep Sky, the Canadian carbon removal project developer, and Sustaera, a US-based modular Direct Air Capture (DAC) company, have signed a Memorandum of Understanding to explore carbon removal technology in Canada....
Surpasses Fund V Fundraising Target by 10% and Raises Additional $2.3 Billion of Co-Investment Capital Energy Capital Partners (“ECP”), a leading investor across energy transition, electrification and decarbonization infrastructure assets,...
The Asian Development Bank (ADB) has provided support to renewable energy (RE) developer Alternergy Holdings Corp. (AHC) in securing its first green corporate loan. In a statement, the multilateral lender...
Key findings around responsible investing and ESG themes point to terminology driving sentiment around purpose-driven investing A recent survey conducted by RBC Wealth Management reveals more positive investor sentiment around responsible investing...
AW Hainsworth is pleased to announce the appointment of Paul Dudley as the new Head of Engineering and Sustainability. This newly created role, based at the company’s vertical woollen mill...
By Michael Fabiano and Matt Bird, April 26, 2024 Mary de Wysocki, Chief Sustainability Officer at Cisco, shares insights into the company’s approach to adaptation, its impactful attributes, and the evolving role of...
By Michael Fabiano and Matt Bird, April 26, 2024 Question: What factors contribute to the remarkable willingness to adapt to change within the organization? Answer: I believe this willingness stems...
Almost a year after the International Sustainability Standards Board (ISSB) released its first two standards, they announced this week that more than half of the world’s economy has adopted them....
Environmental, social and governance (ESG) reporting headaches could be a thing of the past, after Ideagen, a leader in regulatory and compliance software, today announced a new strategic partnership to...
44% of these funds are invested in assets that breach the Paris-aligned benchmark (PaB) exclusionary criteria In the first of a two-part series examining ESMA’s name rule restricting the use...
With the decisions adopted today, the European Union and Euratom will leave the Energy Charter Treaty, while member states will be allowed to support its modernisation during the next Energy...
China’s Ministry of Finance has begun soliciting opinions on a draft guideline aimed at unifying corporate sustainability disclosures, with a vision of establishing a nationwide standard by 2030. The move...
The European Business Aviation Association (EBAA) is proud to announce the formal launch of Tier I of the Standards & Training for Aviation Responsibility and Sustainability (S.T.A.R.S.) Programme at the...
Iberdrola held a new edition of the BAT Talk at the BAT B Accelerator Tower in Bilbao, Spain. During the event, attendees learned more about Iberdrola’s R&D strategy and innovation ecosystem, an ecosystem with numerous...
Lightrock, a global investment platform that backs purpose-driven companies, today announces the launch of its Lightrock Global Small-Cap strategy. The strategy’s launch took place in the second half of April, and...
The Council has adopted a directive promoting the repair of broken or defective goods, also known as the right-to-repair (or R2R) directive. This legislation will make it easier for consumers to...
This project will leverage Capgemini’s quantum lab to enhance carbon capture efficiencies Capgemini Government Solutions LLC announced a new initiative with The Defense Advanced Research Projects Agency (DARPA) to investigate the use of...
Canada is experiencing a heavily fragmented energy transition with consequences for household affordability and economic development, finds a new Clean Energy Canada scorecard that ranks provincial efforts to help citizens and businesses...
On May 24th, 2024, a Bloomberg journalist contacted the SBTi with a series of questions in preparation for an article which it published on May 29th, 2024. Below is the...
The program will equip accountants with a Smart ESG solution, leveraging innovative AI software, best practices and tech-enabled double materiality identification The Chartered Institute of Management Accountants (CIMA) and Datamaran, a market...
Powerful combination of technology and services will enable decisive sustainability action for customers globally IFS, the leading technology provider of cloud and industrial AI software, and professional services firm PwC,...
Clean Energy Ventures (CEV), a leading global venture capital firm funding early-stage climate innovations, today announced the closing of an oversubscribed second flagship fund with total capital commitments of $305 million. In...
EPA’s Clean School Bus Rebate Program to fund over 3,400 new clean school buses in approximately 530 districts across the nation The Biden-Harris Administration announced the recipients of the U.S....
Singapore published an Environmental Crimes Money Laundering (ML) National Risk Assessment (NRA) which identifies the key threats and vulnerabilities in environmental crimes ML that Singapore is exposed to, and outlines...
Energy Capital Partners (ECP), a leading private equity firm, along with a group of co-investors, has entered into a definitive agreement to acquire Atlantica Sustainable Infrastructure plc in a transaction...
The SBTi releases revisions and new resources to enable financial institutions to set ambitious near-term emission reduction targets. The Science Based Targets initiative (SBTi) is unveiling a suite of revisions...
Eurazeo, a leading global investment company, has announced the launch of a new impact buyout fund dedicated to addressing planetary boundaries. The fund targets raising €750 million, focusing on investments...
The EU and Australia signed a Memorandum of Understanding (MoU) for a bilateral partnership to cooperate on sustainable critical and strategic minerals. The MoU was signed on behalf of the EU by...
Cloover, a Berlin-based startup, has secured a remarkable $114 million seed round to fuel the growth of its operating system for the renewable energy industry. The company connects all relevant...
The European Commission has approved, under EU State aid rules, a fourth Important Project of Common European Interest (‘IPCEI’) to support research, innovation and the first industrial deployment in the...
In a significant move to bolster the credibility of the carbon offset market, the Biden administration has unveiled a new policy designed to enhance transparency and integrity in carbon credit...
The ongoing transformation and decarbonisation of the building materials sector requires investments. To fund these investments, Heidelberg Materials announced the introduction of a Green Finance Framework which is aligned with...
Start-ups tackling some of the world’s biggest sustainability challenges have the chance to supercharge their business and pilot their technology with Amazon, as part of the third edition of the...
The Council has adopted a regulation on establishing a framework of measures for strengthening Europe’s net-zero technology manufacturing ecosystem, better known as the ‘net-zero industry act’. This is the last...
Google announced two new solar power purchase agreements (PPAs) in Japan, marking its first foray into the country’s renewable energy market. These agreements will add a combined 60 megawatts (MW)...
Global law firm White & Case LLP advised VERBUND AG on its €500 million green bonds issuance including biodiversity with a seven-year term and a fixed coupon of 3.250%. VERBUND...
The IFRS Foundation releases Jurisdictional Guide at IOSCO Annual Meeting to support regulators Jurisdictions representing over half the global economy by gross domestic product (GDP) have announced steps to use...