ESG Asia
LyondellBasell and Pigeon Singapore – the regional headquarter of its business unit covering Southeast Asia, Middle East, Africa and Oceania – announced their collaboration on advancing the sustainable research and development efforts in baby...
Yingli Energy Development Co., Ltd. (Yingli Solar) has recently penned an agreement to supply modules. Under the terms, Yingli Solar will provide 1.25 GW of their high-efficiency Panda N-type TOPCon PV modules...
In December 2023, Mars China announced another significant step towards sustainable packaging with the launch of its SNICKERS® bar featuring dark chocolate cereal. This innovative new product not only offers a low-sugar and low-glycemic index...
SDG Namibia One Fund, Namibia’s dedicated green hydrogen blended finance vehicle and the designated funding partner to Government of Namibia’s green hydrogen initiatives (the “Fund” or “SDG Namibia One”), and...
The US Treasury Department released proposed guidance for the Inflation Reduction Act’s (IRA) clean hydrogen tax credit. The guidance conditions eligibility for this tax credit, an incentive of up to...
The facility will have a capacity of 86.4 megawatts (MW) and will have more than 160,000 photovoltaic modules. Iberdrola has obtained environmental approval for Spain’s first hybrid photovoltaic and hydroelectric plant with...
With the launch of the new AWS Canada West (Calgary) Region, AWS becomes the first major cloud services provider to have an infrastructure region in Western Canada AWS Canada West...
American Express announced that it is providing $12.75 million in grants to five non-profit organizations as it launches a new initiative to support small businesses prepare for and rebuild stronger in the...
Seventy thousand people attended COP28 this year. The event included “responsible” superyachts, nightly light shows, and over 2000 oil and gas lobbyists. Many of the reports streaming out had the...
First Abu Dhabi Bank (FAB) has introduced its first ESG-oriented fund for its Private Banking clients, providing clients with access to sustainable investing. The FAB Sustainable Development Goals Fund (FAB...
BBVA in Colombia has reached an agreement with Isagen to convert long-term finance of 368 billion pesos to sustainable loans linked to compliance with an environmental indicator. The index measures carbon emissions...
The European Commission has approved, under EU State aid rules a €17.7 billion Italian scheme to support the construction and operation of a centralised electricity storage system. The measure contributes...
The European Commission has approved, under EU State aid rules, a €1.3 billion French scheme to support the development of non-fossil flexibility technologies to ensure that the electricity supply matches...
Three projects located in MISO territory to support Meta’s continued commitment to net zero emissions Adapture Renewables, Inc., a developer, owner, and operator of utility-scale solar and battery energy storage...
The European Energy Exchange (EEX) has published the 2024 calendars for the auctioning of EU allowances (EUA) and EU Aviation Allowances (EUAA), with the below timings and notes on auction...
The Council reached an agreement on its negotiating mandate on a proposal for a regulation on environmental, social and governance (ESG) ratings, with the aim of boosting investor confidence in...
Chestnut will Remove 362,000 Tons of Carbon for Microsoft in Phase I of the Largest U.S. Gold Standard-Registered Afforestation Project Chestnut Carbon (“Chestnut”), a nature-based carbon removal developer founded by private...
The European Investment Bank (EIB) has signed a €500 million loan to Dutch distribution system operator (DSO) Enexis to finance part of its 2023-2024 investment activities. By refurbishing, upgrading and expanding...
This is the first agribusiness deal where one of the signatories refers its own suppliers to the bank as candidate borrowers. BBVA Mexico and Nestlé are expanding their “Crediproveedores” agreement to extend credit...
The EIB Group — made up of the European Investment Bank (EIB) and European Investment Fund (EIF) — have signed with Santander a new synthetic securitisation transaction with the final objective...
Ørsted has taken final investment decision (FID) on the world’s single largest offshore wind farm, Hornsea 3, which will have a capacity of 2.9 GW and is expected to be...
Funding from the President’s Inflation Reduction Act Will Broaden the Energy Efficiency Workforce, by Training and Certifying Workers to Conduct Energy Audits and Surveys In support of President Biden’s Investing in...
Eni, Plenitude and Energy Infrastructure Partners (EIP) have signed an agreement for EIP to enter Plenitude’s share capital through a capital increase of up to €0.7bn, which, post-transaction, would be...
BBVA is extending its interim emission reduction targets for 2030 to two relevant sectors, aviation and shipping, in order to move its client portfolio toward net zero emissions by 2050....
Iberdrola continues to strengthen its liquidity position, confirmed that it has refinanced €5.3 billion by signing its largest ever credit facility. The agreement, signed with 33 international banks, also helps to consolidate...
After a first renewable Corporate Power Purchase Agreement (CPPA) signed at the end of 2022, TotalEnergies has signed a second contract with LyondellBasell, a global leader in the chemical industry,...
The innovative financing agreement leverages the transferability option in the IRA to fund Golden Triangle I solar plus storage in Mississippi through construction and long-term operations. Origis Energy, one of America’s leading...
As one of the top ten largest green bond issuers in the U.S., Equinix used the net proceeds to support 172 green building projects across 105 sites, 33 energy efficiency...
Deutsche Bank has announced an increase that doubles its total local capital to IDR 10 trillion (€600 million) for its business in Indonesia. The additional investment will support the bank’s...
Volvo Trucks has delivered eight heavy electric trucks to customers in Brazil, Chile and Uruguay. These orders represent Volvo’s first sales of zero-exhaust emission trucks to Latin America. Volvo Trucks is continuing to enter new...
Tapping Georgia’s vast renewable potential, developing its transport and logistics infrastructure, and supporting digital businesses could boost the country’s productivity and economic competitiveness, helping the country reach high-income status, according to...
Grantmakers selected to reduce barriers to federal funds and issue thousands of environmental justice grants over the next three years As part of President Biden’s Investing in America agenda, the...
With the US coming to the end of its warmest year on record, it appears the country is more committed than ever to clean energy. LG Energy Solution Vertech has...
Air Liquide has announced that it will build, own and operate a world-scale carbon capture unit in the industrial basin of Rotterdam, the Netherlands, leveraging its proprietary Cryocap™ technology. The...
The EU and Kenya signed an Economic Partnership Agreement (EPA) to boost bilateral trade in goods, increase investment flows, and contribute to sustainable economic growth. The EPA provides a platform...
The European Investment Bank (EIB) and VGP Renewable Energy N.V. signed a €150 million framework loan that will support solar panel installation on the roofs of VGP’s logistics centres across the...
Caterpillar Inc. has successfully demonstrated its first battery electric prototype underground mining truck, growing its portfolio of battery electric and semi-autonomous technology for underground mining applications. The demonstration for Newmont...
The upstream energy sector is turning to artificial intelligence and advanced analytics to speed up analysis and decision-making to realize their carbon reduction commitments. With an increased focus on strategies...
Road vehicles to stay cleaner for longer, to improve air quality On Monday, Parliament and Council reached a provisional agreement on new rules to reduce road transport emissions for passenger...
Schroders announced that it has joined the Global Real Estate Engagement Network (GREEN), a not-for-profit engagement network of global institutional investors dedicated to accelerating change and driving sustainability in the real estate...
President Biden’s Investing in America Agenda Funding Available to Help States, Territories, and Localities Adopt and Implement Latest Innovative Building Energy Codes As part of President Biden’s Investing in America agenda,...
Company aims to play major role in accelerating renewables following COP commitments. Octopus Energy Group, the UK’s largest power supplier and the owner of the Kraken technology platform, announces $800m (£625m) additional...
Participants at this year’s United Nations Framework Convention on Climate Change (UNFCCC) took stock of where the world stands on climate action and worked to identify gaps and solutions. New...
The four-day event brought together more than 150 national and regional policy makers to discuss how energy efficiency can drive India’s clean energy transition The International Energy Agency (IEA) held...
A new IFC investment will help address critical infrastructure gaps, facilitate trade, and boost access to renewable energy in Asia and Africa, helping support job creation, foster GDP growth and...
Gleaming under sunlight are houses in Xinma, a picturesque village in South China’s Qingyuan City. Their rooftops are mounted with distributed photovoltaic panels, which are being autonomously maintained by unmanned aerial...
Funding from President Biden’s Inflation Reduction Act will help improve air quality for communities by helping states take the lead in cutting methane emissions from low-producing well sites As part...
The European Central Bank (ECB) and the European Systemic Risk Board (ESRB) published a joint report on the impact of climate change on the European Union (EU) financial system. The report sets...
The Commission has published its assessment of EU Member States’ draft National Energy and Climate Plans (NECPs) and issued recommendations to assist Member States in raising their ambitions in line with EU targets for 2030....
This COP was different. Because it was hosted by a “petro-state” there was both hope and fear that it could make the breakthrough the world needs to fight climate change. ...
Rivian Automotive, Inc. and AT&T* have announced that they have signed an agreement for AT&T to purchase Rivian electric vehicles (EVs) for AT&T’s fleet through a pilot program aimed at cutting transport emissions....
Trip.com Group released its annual Environmental, Social and Governance (ESG) report for the fourth consecutive year, highlighting its sustainability practices across the business. Key findings in the report reveal the...
Latest IEA market report sees lower demand to 2026, based on current policies, but stronger actions are needed to drive a steeper decline towards meeting international climate goals After reaching...
Climeworks, a global leader in carbon removal via direct air capture technology, and Boston Consulting Group (BCG), one of the world’s leading management consulting firms, are strengthening their collaboration with...
Schroders Greencoat, the specialist renewables manager of Schroders Capital, announces that three green hydrogen projects which it is involved in have been awarded contracts for hydrogen production by the UK...
Iberdrola, through its distribution subsidiary in the UK –ScottishPower Energy Networks-, is making progress in the execution of what will be the first high-capacity cable project on the east coast of the...
023 “50 States of Recycling” report highlights the need for more accurate data, policy and infrastructure investment to improve statewide recycling rates. Eunomia Research & Consulting and Ball Corporation released an updated “50...
bp has signed an agreement with BWT Alpine F1 Team to support its net zero journey at its site in Enstone (Oxfordshire), where the team designs, develops, manufactures, and builds...
As global leaders coalesced at COP28 on the urgency of rapidly approaching climate goals, I couldn’t help but think of my granddaughter, Macy. Born this year, Macy could be looking...
The significance of anti-bribery compliance In an increasingly globalised business landscape, anti-bribery compliance is crucial. It fosters ethical business practices, safeguards your organisation from legal repercussions and reputational damage due...
Apollo Clean Transition Equity ELTIF to provide European investors greater access to clean transition investments across private markets Launch supports Apollo’s goal of deploying $50B in clean energy and climate...
The Board of Directors of the European Investment Bank (EIB) approved a €5 billion tailored initiative to support wind energy equipment manufacturing companies. The financing is part of the EIB’s ...
Dun & Bradstreet, a leading global provider of business decisioning data and analytics, and IBM, have announced a strategic collaboration that will bring together Dun & Bradstreet’s Data Cloud and...
The SBTi has published a new Insurance Underwriting Industry Brief as a first step towards the development of a Financial Institutions Net-Zero Insurance Standard. The finance sector has tremendous potential...
Ashley Black & Co.’s founder Ashley Black discusses her mission in the wellness industry, updates on products, and growth goals with FinTech TV Host, Remy Blaire – from the iconic...
As climate finance takes center stage at COP28, the Global Innovation Lab for Climate Finance (The Lab) celebrates a significant milestone: its portfolio of climate finance solutions has now mobilized over USD...
Newest product from Citizens’ expanded partnership with Mastercard is made from 90% recycled plastic and features Mastercard’s Touch Card™ innovation Citizens Financial Group, Inc. announced the full rollout of Citizens Bank,...
At the core of this partnership is the drive to enhance food preservation, reduce food waste in African markets, and improve global market accessibility for producers.United Nations Industrial Development Organization...
Oversubscribed Third Private Equity Fund Closed at $2.8 Billion Hard Cap, Alongside Dedicated LP Co-Investment Vehicles Fund Focuses on Buyout and Growth Investments in Industrial Decarbonization Sector Ara Partners (“Ara” or the...
BNP Paribas announces the launch of BNP Paribas Climate Impact Infrastructure Debt, an initiative supported by the aligned commitments of BNP Paribas Asset Management (‘BNPP AM’), BNP Paribas Corporate & Institutional Banking (‘BNPP CIB’) and...
A deal has been signed for Inherit Carbon Solutions to provide Microsoft with permanent carbon removal for delivery through 2028. By leveraging waste-water and food waste for the purpose of...
Garanti BBVA is in the process of installing solar panels on buildings at its Pendik Campus, on the Güneşli Service Building and on top of the bank’s ATMs. The solar...
The United Nations Climate Change Conference (COP28) closed today with an agreement that signals the “beginning of the end” of the fossil fuel era by laying the ground for a...
For Krispy Kreme, Inc., it takes more than iconic doughnuts to “Be Sweet.” It takes an ongoing commitment to drive positive impact. To provide an update on the Company’s commitment,...
There has been national and regional coverage on our proactive announcement about changes to Variable Monetary Penalties (VMPs). These are civil sanctions issued by the Environment Agency to companies and...
Chipotle Mexican Grill announced it is investing in Greenfield Robotics, a company founded with the vision of making regenerative farming more efficient, cost-effective, and sustainable by leveraging the latest advances in...
JCB unveiled its pioneering hydrogen combustion technology at EXCON, India’s premier construction equipment trade show taking place in Bengaluru. In its first-ever trade show appearance anywhere in the world, the...
The latest COP28 draft outcome text released to negotiators in Dubai Monday evening dropped a call to ‘phaseout’ fossil fuels, prompting outcry from climate vulnerable countries and civil society. The...
The collaborative effort to boost green finance between IFC and the Bank of the Lao PDR has been strengthened with a new cooperation agreement signed. This enhanced partnership aims to...
The ACCC has published eight principles to help businesses ensure any environmental marketing and advertising claims they make about their products or services are clear and accurate, and do not...
A new Commonwealth e-learning course launched will improve the ability of small and other vulnerable states to access billions of dollars in climate finance. The Commonwealth Secretary-General, The Rt Hon...
Largest-ever private equity fund close for an Asia-based independent fund manager that focuses on next-generation infrastructure to bolster the region’s energy transition and digital infrastructure development Seraya Partners, the first...
World leaders joined the World Economic Forum’s programme at the 28th Conference of the Parties of the UNFCCC (COP28) to advance dialogue, innovation and cooperation for accelerated climate action. Gathering...
GE Vernova’s Grid Solutions business and MYTILINEOS Energy & Metals announced that they have been awarded a £1 billion contract by National Grid Electricity Transmission and SP Transmission, part of SP Energy Networks (SPEN), for the...
As conflicts, climate emergencies and collapsing economies continue to wreak havoc on communities worldwide, the UN on Monday issued an appeal for $46.4 billion for 2024 to help 181 million...
At the COP28 climate change conference in Dubai, pledges have been made in three key areas – by many countries on renewables and energy efficiency, and by a significant number...
Estonia, a nation renowned for its resilience and pioneering innovation, is taking centre stage at the imminent COP28 in Dubai. Committed to addressing the pressing global climate crisis, Estonia aims to align with international climate...
The Commission welcomes the provisional agreement reached today between the European Parliament and Council on updated EU rules to decarbonise the gas market and create a hydrogen market. The new rules will...
Schneider Electric, a leader in the digital transformation of energy management and automation, has signed a Memorandum of Understanding (MoU) with the International Center for Biosaline Agriculture (ICBA) at the...
UN Secretary-General António Guterres on Monday urged a deal at COP28 on the phaseout of fossil fuels, telling negotiators that “now is the time for maximum ambition and maximum flexibility,”...
A carbon-free global economy requires the phase-out of fossil fuel subsidies. That’s why the Glasgow Climate Summit in 2021 agreed to phase out inefficient fossil fuel subsidies, on the back...
Against the backdrop of Food and Agriculture Day at COP28, the global community is witnessing a pivotal moment in the collective effort to address environmental challenges within the agricultural sector....
The number of green jobs advertised in the UK has fallen from the record levels recorded in 2022, albeit at a smaller rate than the decline seen in the UK’s...
Key Takeaways: The world is at an inflection point. We face multiple simultaneous geopolitical challenges, exacerbated by a global climate crisis that threatens to permanently disrupt the world as we...
Are COPs the most efficient means to manage the global climate crisis? No. But, it is the process we have. And, with close to 200 countries representing eight billion souls,...
WWF and Inter IKEA have extended their 20-year collaboration to include new projects in Colombia and Brazil. These projects aim to safeguard biodiversity and landscapes while also empowering local communities...
The Science Based Targets initiative (SBTi) has opened a call for companies and financial institutions in the buildings value chain to pilot the Buildings Science-Based Target-Setting Guidance and Tool drafts....
The Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA) have signed an agreement to establish the Leading Asia’s Private Infrastructure Fund 2 (LEAP 2) with capital of up to...
OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, announced that it has joined the Ethereum Climate Platform (ECP) as a launch partner, underscoring its commitment to sustainability and decarbonization...
The Government of Canada has committed to cap and reduce greenhouse gas emissions (GHG emissions) from the oil and gas sector at a pace and scale necessary to contribute to...
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