HSBC UK has launched a new Carbon Insights tool in its award-winning mobile app, HSBC Kinetic , designed for small business owners. This new feature enables HSBC Kinetic customers to view the...
In collaboration with the Team EV of DHL Customer Solutions & Innovation, the center leverages the combined warehousing and freight management of DHL Global Forwarding, including both ocean and air...
Air Liquide has successfully issued a new 500 million euros green bond, in line with its ambition to combine growth and sustainable development. The Group intends to use the proceeds...
The Council adopted a regulation on tracking and reducing methane emissions. It is part of the ‘Fit for 55’ package. The regulation introduces new requirements on measuring, reporting and verifying...
The European Union has taken a significant step towards its green transition goals with the final approval of the Ecodesign Regulation by the Council. This regulation aims to enhance the...
RWE, one of the leading renewable energy companies in the U.S. and worldwide, has signed two 15-year Power Purchase Agreements (PPAs) with Microsoft Corporation. Under the PPAs, Microsoft will purchase...
The professional solutions firm commits to reach net-zero carbon emissions by 2040. APTIM announced its commitment to The Climate Pledge, demonstrating its ambitious pursuit to mitigate and adapt to climate change’s...
Ørsted, a leading U.S. clean energy developer, announced an investment from J.P. Morgan for $680 million in tax equity financing for a portfolio of solar and storage assets in Texas and Arizona. The project portfolio...
The Council has formally adopted the corporate sustainability due diligence directive. This is the last step in the decision-making procedure. The directive adopted today introduces obligations for large companies regarding...
In response to market demand, the two organisations will work together to optimise how GRI and ISSB Standards can be used together. The IFRS Foundation and the Global Reporting Initiative...
The UK Emissions Trading Scheme Authority has published a package of consultations on expanding the UK Emissions Trading Scheme, to further limit carbon emissions. The UK Emissions Trading Scheme (ETS)...
Fashion frontrunners set the pace on the road to a circular economy Some of the world’s leading fashion brands are exploring ways to make money without making new clothes as...
Climeworks, the global leader in carbon removal via direct air capture technology, successfully achieved third-party certification of its carbon removal activities under the Puro Standard – a first in 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...
As the world’s largest trading bloc, the EU uses its considerablepurchasing power to meet its ambitious sustainability goals. In doing so, the EU’s new rules will reach well beyond its...
Key Impact Points: Capgemini and Schneider Electric have joined forces to introduce a groundbreaking initiative aimed at helping businesses achieve optimal energy use. The collaboration focuses on deploying an advanced...
Dr. Syafrina is an international sustainability expert with a proven track record of formulating, implementing and driving impactful sustainability strategies and communications, training programs, outreach initiatives as well as commercial...
Key Impact Points: A recent Bloomberg Law survey highlights that a significant majority of attorneys doubt the SEC’s new climate disclosure rule will survive intact. The rule, which mandates detailed...
Key Points: Circtec, a trailblazer in sustainable end-of-life tyre recycling, has secured a substantial $150 million in financing. This initiative is backed by prominent investors Novo Holdings and A.P. Moller...
Companies’ top reason for pursuing a sustainability strategy is the opportunity for value creation. The biggest hurdle? The high level of investment that’s needed. The potential for creating value is...
What’s happening: Why it matters: Many companies struggle to invest in offsetting, because it’s hard to navigate this complicated market and make financially sound decisions. Enterprises that spend millions on...
Key Impact Points: Qatar has successfully raised $2.5 billion through its first-ever green bond issuance, marking a significant milestone in the Gulf state’s financial landscape. The bonds are split into...
280 Earth, Inc. announced that it has completed construction and started operating a direct air capture (“DAC”) facility to remove carbon dioxide (CO2) directly from the atmosphere, mitigating climate change....
Infor®, the industry cloud company, today announced the launch of Infor GenAI and ESG Reporting, to help customers improve productivity and report on their environmental footprint. Infor’s modern solutions, from...
Responding to growing climate disclosure needs, a recent update to the IBM® Envizi™ ESG Suite empowers businesses to effectively manage their path towards emissions reduction targets. Announced on May 21st,...
New partner and senior advisors complete climate leadership team, following Temasek commitment and EIB Support LeapFrog Investments (“LeapFrog”), the profit with purpose investment firm, has appointed Souleymane Ba as Partner and...
Diageo has announced plans to invest over €100 million to decarbonise its historic St. James’s Gate site in Dublin 8, where Guinness has been brewed for 264 years. The investment...
FC FUTURES is EA SPORTS FC’s global initiative to grow the game for all. Electronic Arts Inc. announces that their EA SPORTS FC FUTURES initiative has opened up grassroots football...
ArcelorMittal and partners Mitsubishi Heavy Industries, Ltd. (MHI), BHP, along with Mitsubishi Development Pty Ltd (Mitsubishi Development) have successfully started operating a pilot carbon capture unit on the blast furnace...
Largest single private-sector digital investment in Kenya’s history will support economic development across East Africa Microsoft Corp. and G42 on Wednesday announced a comprehensive package of digital investments in Kenya,...
S&P Global announced that three executives have been recognized by INvolve’s 2024 Empower Role Model Lists, supported by YouTube. These lists celebrate leaders who are tirelessly advocating and driving increased representation...
In a landmark deal, Ørsted will sell a further one million tonnes of carbon removal over a ten-year period to Microsoft from Avedøre Power Station, which is part of the...
The partners are exploring airport infrastructure and operational requirements to stand up hydrogen operations at the world’s busiest airport. Hartsfield-Jackson Atlanta International Airport (ATL), Airbus, Delta Air Lines and Plug...
Deutsche Bank and the European Investment Bank Group, consisting of the European Investment Bank and the European Investment Fund, have signed an agreement to promote climate-friendly new builds and energy-efficient...
Honda Motor Co. has announced a massive $65 billion investment plan to accelerate its transition to electric vehicles (EVs) over the next ten years. This strategic move is designed to...
Holcim hosts the groundbreaking ceremony at its state-of-the-art GO4ZERO plant engineered to produce 2 million tons of net-zero cement per annum by 2029 in Obourg, Belgium. With a planned investment...
Facility Data Manager enables brands and manufacturers to share timely primary environmental data and insights to track and accelerate impact. Worldly, the leading supply chain sustainability data and insights platform...
The project will provide 80% of the heat demand for Finnish neighborhoods. Nestled on the shores of the Gulf of Finland, Google’s Hamina data center is set to become a...
PAG, a leading Asia Pacific-focused alternative investment manager, announced today that it has closed its first renewable energy-focused fund, PAG REN I, with a total of USD550 million in capital...
State Farm® is the first property & casualty insurance company worldwide to achieve TRUE certifications for two of its facilities, a testament to its commitment to uncovering operational efficiencies, responsibly...
Key Points: Quinbrook Infrastructure Partners Launch $3.5 Billion ‘Green Iron’ Project, Powered By Renewables Quinbrook Infrastructure Partners announced the development of a $3.5 billion “Green Iron” project in Queensland. This...
First-ever Chief Marketing Officer Think Lab to support Marketing’s role in driving Sustainable Growth The UN Global Compact announced the launch of its inaugural Chief Marketing Officer (CMO) Think Lab....
A staff team from the International Monetary Fund (IMF) led by Charalambos Tsangarides, IMF mission chief for Tanzania, held meetings in Dodoma and Dar es Salaam from May 2 to...
Key Points: The Oklahoma Public Employees Retirement System (OPERS) has decided to extend its investment contracts with BlackRock Inc., overseeing $7.3 billion in assets. This decision comes on the heels...
Normative recently launched enhanced carbon reduction features designed to accelerate businesses on their journey to net zero emissions. Having calculated their carbon footprint and reported emissions, businesses often face the...
Boston Consulting Group (BCG) announced that it has signed an agreement for the purchase of sustainable aviation fuel certificates (SAFc) with TwelveTM, the carbon transformation company. The agreement will run from...