ESG Africa
Abu Dhabi will host a pioneering Global Climate Finance Centre (GCFC), that will accelerate the development of climate finance frameworks and skills, and champion best practices in the UAE and globally. The...
The Coal to Clean Credit Initiative (CCCI), which has support from The Rockefeller Foundation, announced a new collaboration with ACEN Corporation to explore a pilot project in the Philippines that would leverage...
energyRe, an independent U.S. clean energy developer, announced that it has raised a $1.2 billion capital package to support the expansion of its large-scale renewable energy portfolio comprising utility-scale transmission and storage,...
The European Investment Bank (EIB) and Allianz Global Investors (AllianzGI) announced new capital commitments to the Emerging Market Climate Action Fund (EMCAF). The United Kingdom Foreign, Commonwealth & Development Office...
Eni has signed a five-year Sustainability-Linked revolving credit line worth €3 billion, related to two targets of Eni’s Sustainability-Linked Financing Framework, last updated in April 2023. The new facility will...
New cooperation agreement reached, as GRI-ESRS Interoperability Index is made publicly available Following a successful partnership between EFRAG and GRI over the past three years, a new Memorandum of Understanding...
One of the most cited quotes about modern business has to be the Ocean Tomo study that 90% of a company’s value now sits in intangibles. One of those intangibles is...
Another COP – Conference of the Parties – is upon us. As the 28th COP gets underway, climate negotiators from nearly 200 nations are arriving for two weeks of negotiations...
Protein Evolution’s Biopure™ technology uses AI-designed enzymes to produce the raw materials of polyester from plastic waste – not petroleum Protein Evolution, Inc., a biological recycling company working to decarbonize...
At the COP28 in Dubai, Commission President Ursula von der Leyen, Founder of Breakthrough Energy Bill Gates, and European Investment Bank President Werner Hoyer announced the first two European projects to...
RMI, in partnership with four leading banks — Citi, ING, Société Générale, and Standard Chartered — along with aluminum industry stakeholders, has developed a first-of-its-kind framework to enable banks to measure...
As the world moves towards net zero, the aviation industry is under pressure to accelerate its decarbonisation efforts. Many commercial airlines are looking to reduce carbon emissions with sustainable aviation...
Standard Chartered’s latest Sustainable Banking Report 2023 reveals USD3.4 trillion of retail investor capital could be mobilised towards climate investments in 10 growth markets across Asia, Africa and the Middle East by...
With an ambitious financing package announced at COP28, the World Bank Group is helping people in developing countries better withstand the devastation of climate change and create a better world...
Stripe, a financial infrastructure platform for businesses, launched Climate Orders, which makes it easy for any business to pre-order carbon removal tons via Frontier, an advance market commitment (AMC) cofounded by...
As world leaders prepare for the COP28 climate summit in Dubai, it is more important than ever that business goes further than before in terms of climate action. We are announcing...
Powerful educational partnership with BPP will transform urgent business learning need BPP Education Group, a global leader in professional and vocational education, announces £5M Series A investment and partnership with...
During COP28, Global Fashion Agenda (GFA) released the 2023 edition of The GFA Monitor – a report to guide fashion leaders towards a net-positive fashion industry. The second GFA Monitor has been updated to include the latest guidance...
As COP28 kicks off in Dubai, businesses, policymakers, and civil society are increasingly recognizing the profound impact of food systems on the world’s most pressing social and environmental challenges. Since...
The new DHL Europe Innovation Center will serve as a hub for trend research and technology development, providing innovative solutions to assist customers and partners in navigating their logistics journey....
Google has partnered with clean-energy startup Fervo to develop a geothermal power project in Nevada that is now contributing carbon-free energy to the electric grid. This marks a significant step...
In 2023, there has been a notable evolution in the realms of sustainability and environmental, social, and governance (ESG). Companies find themselves under increasing pressure to provide transparent and credible...
Dow announced that its board of directors has declared Final Investment Decision on the Company’s Fort Saskatchewan Path2Zero investment to build the world’s first net-zero Scope 1 and 2 emissions integrated ethylene cracker and...
Leaders from the United Nations and Microsoft Corp. on Thursday announced a partnership that will enable the UNFCCC to create a new AI-powered platform and global climate data hub to...
With an estimated $18.4 trillion of ESG-orientated assets now being managed globally, the FCA is putting in place new Sustainability Disclosure Requirements and an investment labels regime after detailed engagement with a...
Urgent action on climate can help Azerbaijan minimize the risks emerging from the global low-carbon transition and protect the living standards of its people, says the World Bank Group’s Azerbaijan Country Climate...
Global commitment to double the pace of efficiency improvements this decade is crucial as record heat and growth in energy-intensive industries boost energy demand Policy makers around the world expanded...
More and more people see climate change as a serious threat, but at the same time have less and less basic knowledge about global warming and its consequences. According to...
10,000 tons of carbon dioxide removal will be delivered using new Carbon Casting technology Graphyte, a carbon removal startup backed by Breakthrough Energy Ventures, announced that American Airlines will be...
The new rules will reduce air, water and soil pollution, and steer large agro-industrial installations in the green transition. Late on Tuesday night, negotiators from the Parliament and Council reached...
Bloomberg Philanthropies and Goldman Sachs announced that the Climate Innovation and Development Fund (CIDF) has completed allocating its $25 million in philanthropic concessional capital to help advance sustainable low-carbon economic...
Drawing on data and insights from across S&P Global, the report analyzes the physical risks of climate change and the challenges of limiting global temperature rise to below 2 degrees Celsius...
Power Sustainable, an alternative asset manager, today announced a CAD $200 million commitment for the Power Sustainable Energy Infrastructure partnership (the “Fund”), for a final close of CAD $800 million for Vintage II. This brings...
The Voluntary Carbon Markets Integrity Initiative (VCMI) has released additional guidance for its Claims Code of Practice (Claims Code), enabling companies to make claims about their use of high-quality carbon credits....
Alibaba Group Holding Limited has joined a group of over 200 of the world’s leading sustainable businesses as the newest member of the World Business Council for Sustainable Development (WBCSD). ...
IKEA has announced the launch of a new mattress removal and recycling scheme in collaboration with The Furniture Recycling (TFR) Group, giving UK customers a convenient way to recycle old...
US$140 billion investment and mass scale in domestic market drives China’s advantage Currently on target to reach a record-breaking 230 gigawatts (GW) of wind and solar installations this year, China...
Allianz Global Investors (AllianzGI), FMO Investment Management (FMO IM), and the John D. and Catherine T. MacArthur Foundation (MacArthur) announced that the SDG Loan Fund (the Fund) has successfully mobilized...
Despite an overwhelming majority of countries ready to move forward on a robust and ambitious treaty, countries with deep petrochemical interests delayed progress throughout the week and blocked the final...
Companies that lead in disability inclusion drive more revenue, net income and profit, according to a new research report from Accenture in partnership with Disability:IN and the American Association of People with Disabilities (AAPD)....
Expanded relationship integrates IBM’s Envizi ESG Suite with Deloitte’s GreenLight Solution, fosters new offerings for end-to-end environmental needs Collaboration to help clients deliver improved sustainability outcomes by streamlining data, elevating...
Combined capabilities drive production performance, energy efficiency and emissions management, supporting utility grid orchestration across industries The EY organization announced an alliance between Aspen Technology, Inc, a global leader in...
Leading sustainability technology platform, Clarity AI, uses AWS’s generative AI, machine learning, and analytics capabilities to measure sustainability and social impact of companies and funds At AWS re:Invent, Amazon Web...
Momentum behind carbon capture, utilisation and storage (CCUS) is reaching unprecedented levels, but implementation continues to lag behind, a new IEA report finds. With over 400 new carbon capture, utilisation...
Preem’s Board of Directors has decided to invest approximately SEK 5.5 billion to repurpose the existing refinery in Lysekil. The investment represents an important milestone on Preem’s transition journey, as the company...
H&M Group is taking a leadership position in establishing collaborative financing solutions that enable the necessary decarbonisation of fashion supply chains. To realise this ambition, H&M Group, together with Southeast...
The European Investment Bank (EIB) has signed a SEK 1.3 billion (approximately €110 million) loan agreement with Swedish company Billerud, a world-leading paper and packaging materials supplier. The loan supports investments in the...
Bloomberg is the first data provider to build a tool using a resource from the UN Environmental Programme Finance Initiative to enable global impact integration in portfolios Bloomberg announced the...
Iberdrola is proud to contribute to the UK’s leadership in energy security and decarbonisation. With stable and predictable regulatory frameworks in place in the country, we are more committed than...
Dubai offers a perfect blend of modernity and tradition, making it an ideal destination for delegates attending COP28. From world-renowned landmarks to cultural experiences, there’s something for everyone in this...
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