ESG Asia
The Tokyo Stock Exchange (TSE) will start trading carbon credits on October 11, 2023. The exchange began accepting application for registration from July, and the number of “Carbon Credit Market...
Paine Schwartz Partners (“Paine Schwartz”), a global leader in sustainable food chain investing, announced the final closing of Paine Schwartz Food Chain Fund VI, L.P. (“Fund VI”) at $1.7 billion of total...
Demand for renewable energy will grow in North America in the next two decades, and Phillips 66 will be ready to meet it. That was the message from Phillips 66...
The OPEC Fund for International Development (the OPEC Fund) is supporting food security in Egypt with a US$10 million contribution to a US$200 million syndicated trade finance facility with the...
DHL Express, the world’s leading provider of international express shipping services unveiled its first innovative mobile charging cart at the International Ground Support Equipment Expo in Las Vegas. DHL Express will...
Iberdrola has won the best utility in the world in ESG (environmental, social and governance) information disclosure, and the first company in Europe in the Print-Based Alternative Reports category of the League...
Update of IEA’s landmark Net Zero Roadmap shows greater ambition and implementation, supported by stronger international cooperation, will be critical to reach climate goals Driving greenhouse gas emissions from the...
The Securities and Exchange Commission (SEC) charged registered investment adviser DWS Investment Management Americas Inc. (DIMA or DWS), a subsidiary of Deutsche Bank AG, in two separate enforcement actions, one...
A new important agreement between the UK and Germany could help to accelerate the development of an international hydrogen industry – with the 2 countries at the cutting edge of...
50-point plan also aims to reduce greenhouse gas emissions by 55% and includes new offshore wind projects France has unveiled an ambitious “ecological plan” to combat climate change, aiming to...
Hydropower-rich Tajikistan plans to produce 1 million tonnes of green hydrogen by 2040 for usage at home and exports to neighboring Central Asian countries, its Minister of Energy and Water...
Tanzanian Bank NMB is launching a 10-year multi-currency medium-term bond worth 1 trillion Tanzanian shillings ($400 million) as part of a green bond initiative. The bond is the first of...
Mitsui & Co., Ltd has agreed to invest in a renewable diesel (hydrotreated vegetable oil/HVO) and sustainable aviation fuel (SAF) production business operated by Galp SGPS, S.A. (“Galp”), Portugal’s biggest...
German logistics giant DHL is joining forces with energy firm HH2E and South African petrochemicals firm Sasol. Together, they are embarking on a pioneering venture to expand the production of...
The European Union Chamber of Commerce in China has honored Trina Solar with the title of Decarbonisation Leader for its achievements in low-carbon transition and climate change mitigation. The company received the award...
Six designers leverage SHEIN’s preferred material library to launch new sustainability-minded collections SHEIN, a global, integrated fashion and lifestyle marketplace, announced that for the first time designers from the SHEIN X Designer Incubator Program have released collections under evoluSHEIN by Design, SHEIN’s product...
50 organizations granted a total of $25 million to pilot or expand catalytic solutions to improve food security globally Citi Foundation announced the grant recipients of its first-ever Global Innovation...
Aquaculture is a fast-growing food productions system, with bottom-of-the-food chain shellfish seen as a win/win to support cleaner eco-systems and feed us at the same time. A trip to Perry...
The Coca‑Cola system is taking action to advance the Sustainable Development Goals (SDGs), a set of 17 global goals adopted by the United Nations in 2015 to create a better...
Mattel, Inc. has published its latest Citizenship Report, which provides a progress update on Mattel’s Environmental, Social, and Governance (ESG) strategy and goals. Mattel’s ESG strategy and goals are organized into...
DHL Supply Chain has announced plans to begin operating biomethane fuelled trucks with an investment worth €80 million into a dedicated biomethane production facility in Cork, run by Stream BioEnergy....
President Nana Akufo-Addo unveils country’s roadmap for green growth and decarbonizing key economic sectors developed by Government of Ghana and SEforALL His Excellency Nana Akufo-Addo, President of the Republic of Ghana, launched the country’s new...
To help close the global artificial intelligence (AI) skills gap, IBM announced a commitment to train two million learners in AI by the end of 2026, with a focus on...
A.P. Moller – Maersk A/S and CMA CGM have decided to join forces on several areas relating to decarbonization, in full compliance with all laws and regulations. As frontrunners of...
UN Global Compact celebrates twelve business leaders who have demonstrated progress and commitment towards advancing the Sustainable Development Goals. The United Nations Global Compact announced twelve new SDG Pioneers — business leaders...
The U.S. Environmental Protection Agency (EPA) has invited bids from state, local, and tribal governments for $4.6 billion in grants to implement climate action plans to lower greenhouse gas emissions....
Thankfully with the launch of the final TNFD recommendations at NYC climate week we have a route that allows us to bring climate strategy and disclosure, and nature together, helping...
The Coca‑Cola Company and the U.S. Department of Agriculture (USDA) have collaborated over the last decade to restore watersheds on National Forest system lands, replenishing 2.4 billion liters of water...
18 new biofuel-powered trucks deliver the European leg and contribute to Formula’s 1 journey towards Net Zero emissions DHL and Formula 1® have announced that the new fleet of trucks...
The U.S. Department of State, the Bezos Earth Fund, The Rockefeller Foundation, and the World Bank announced a strategic collaboration between the Energy Transition Accelerator (ETA) and the World Bank...
U.S. Environmental Protection Agency (EPA) launched $4.6 billion in competitive grants to fund state, local, and Tribal programs and policies that cut climate pollution, advance environmental justice, and deploy clean...
The European Investment Bank (EIB) has signed an agreement to co-finance the construction of Poland’s first offshore wind farm — one of the largest in the world — with a...
Isabel Richter takes over as team manager for global sustainability communications. Effective 1 September 2023, Isabel Richter became the Head of Sustainability Communications at the BMW Group, with responsibility for...
TotalEnergies and European Energy have agreed to jointly develop, build and operate in a 65/35 joint-venture at least four GW of onshore renewable projects in multiple geographies. The partnership aims...
Lightsource bp, a global leader in the renewable energy sector, has entered into a solar power purchase agreement (PPA) with Microsoft in Poland – the first PPA for both companies...
A failed energy transition might reduce global GDP by as much as $6 trillion per year by 2050. A group of institutional investors with over $11 trillion in assets under management, including Allianz...
GE HealthCare released its inaugural Sustainability Report, which describes the steps the Company has taken to establish its stand-alone environmental, social, and governance (ESG) practice and infrastructure, as well as how...
TotalEnergies has announced the building of a new mechanical recycling unit for plastic waste at its Grandpuits site southeast of Paris. This new investment follows those announced in June 2023...
New text classification capabilities can help to automatically categorize thousands of lines of spend data using natural language processing (NLP) IBM (NYSE:IBM) announced it can help organizations accelerate the capture,...
Citizens Financial Group, Inc. (CFG), a commercial lender, announced $50 billion in sustainable finance target which includes a $5 billion in green financing, by 2030. The company aims to finance...
Nasdaq (Nasdaq: NDAQ) announced its Capital Access Platforms division has launched two new offerings designed to help corporates and investors better streamline their sustainability and impact investing journeys. Nasdaq Metrio™ is...
Highlights – Bruce Carnegie-Brown speaks to “Force For Good” on ESG News: ESG News releases Lloyd’s of London, Chairman Bruce Carnegie-Brown, insightful video interview with Force for Good Chairman Ketan Patel, live from...
ExxonMobil’s latest milestone in carbon capture and storage (CCS) comes from the UK North Sea, where we were a winner in the UK’s first-ever carbon storage licensing round. ExxonMobil’s Low Carbon...
HSBC Holdings, one of the world’s largest banks, has announced plans to allocate $1 billion in financing to support climate-tech startup companies around the world. The financing is expected to...
Citigroup (C), BNP Paribas, and Standard Chartered are considering financing a $15 billion program to protect Indian Ocean habitats, Bloomberg reported, citing Thomas Sberna of the International Union for Conservation...
The Funding Will Fuel Denominator’s Leading Market Position and Expand the Pioneering Work to Create Transparency Around DEI Worldwide Denominator, the leading provider of data-driven solutions for promoting transparency in...
EUR15 million endowment fund aimed at communities facing greatest disaster risk presented at Climate Week NYC L’Oréal announced a new EUR15 million endowment fund to support vulnerable communities to develop greater resilience in the face of climate disasters. The...
Germany is on track to generate over 50% of its power from renewable energy in 2023, but needs to ramp up the speed of its transition towards the end of...
Canada’s clean technology industry is at risk of losing C$50 billion in investments due to delays in implementing promised government incentives, according to industry groups. Prime Minister Justin Trudeau’s government...
California Governor Gavin Newsom said he would sign legislation that would require large companies to disclose their carbon footprints, potentially putting the state ahead of federal regulators on managing corporate...
Norway’s $1.4 trillion sovereign wealth fund, the world’s largest, has tightened its climate risk demands on companies it invests in. The fund, which pools the Norwegian state’s revenues from oil...
Platts, part of S&P Global Commodity Insights, the leading independent provider of information, analytics and benchmark prices for the commodities and energy markets, announced it is launching first-of-kind price assessments for...
The global Science Based Targets initiative (SBTi) has launched a new strategy to increase ambition in targets that corporations set to combat climate change. Until now, SBTi has called on firms to...
Mercedes-Benz signs an agreement with Steel Dynamics, Inc. (SDI) to source more than 50,000 tonnes of CO2-reduced steel annually for its plant in Tuscaloosa, Alabama, marking another crucial milestone towards decarbonizing...
Flix and Scania announce a long-term partnership to enable more sustainable long-distance travel. The two companies see this cooperation as an opportunity to accelerate the transition to sustainable mobility by...
Oracle is introducing new healthcare-specific capabilities to Oracle Fusion Cloud Applications Suite to help healthcare organizations increase financial visibility, build more resilient supply chains, and improve patient care. The new capabilities will...
KCSA Bolsters Leading Cannabis and Psychedelics Practices with Industry Veterans KCSA Strategic Communications (“KCSA” or the “Firm”), a leading integrated communications firm, announced an expansion of the senior leadership team within...
Progress on the United Nations Sustainable Development Goals (SDGs) has stalled and in some cases reversed, exacerbated by a funding shortfall of up to US$137 trillion, raising the risk of failure...
A new report identifies six solution areas that can essentially address the UN SDGs and can over-deliver relative to the targets if rolled out at scale across the world. The...
If you’re en route to South Africa for the upcoming ESG Africa Conference and the highly anticipated Morningstar Investment Conference South Africa 2023 , why not indulge in a captivating detour...
One thing I love about ESG is the interconnected nature of the acronym, its ability to pull risks and opportunities across a value chain between companies. One thing I love...
South Korea’s leading chemicals producer LG Chem and Italian energy group Eni Sustainable Mobility jointly announced that they are exploring the possibility to develop and operate a new biorefinery at...
MEPs approved a new law to increase the uptake of sustainable fuels, such as advanced biofuels or hydrogen, in the aviation sector. The RefuelEU aviation rules are part of the “Fit...
Novo Holdings, which controls 77% of the votes in what is now Europe’s most valuable company, will invest about 2 billion kroner ($290 million) in a new energy transition fund, expanding...
Lloyd’s, the world’s leading marketplace for insurance and reinsurance, announces a new collaboration with Moody’s Analytics to develop a solution that will help to quantify greenhouse gas (GHG) emissions* across...
The Rockefeller Foundation announced that it will invest over USD 1 billion over the next five years to advance the global climate transition and help ensure everyone can participate in...
The vast majority (94%) of business leaders still view the Sustainable Development Goals (SDGs) as a unifying global vision but achieving them requires the private sector to focus on the...
S&P Global Ratings has updated its analytical approach for use of proceeds Second Party Opinions (SPOs) following its December 2022 acquisition of Shades of Green from the CICERO climate research foundation. The...
Mars Will Cut Carbon in Half – or by roughly 15 million metric tons – by 2030 Across Full Value Chain and Will Continue Investing in Climate Action Despite Weaker...
SHEIN, a global, integrated, fashion and lifestyle marketplace (“SHEIN Marketplace”), announced that it is allocating an additional US$85 Million over five years towards initiatives that support the “Equitable Empowerment” pillar...
As part of the drive to decarbonize its European refineries, TotalEnergies is launching a call for tenders for the supply of 500,000 tons per year of green hydrogen. The use...
Less than a week before the start of Climate Week NYC, GE Vernova’s Digital business announced the early limited release of CERius™, a carbon emissions management software designed to help energy...
The official launch of the Green Digital Economy Platform (GDEP), an innovative international initiative was announced. The launch, endorsed by Dr. Moeldoko, Indonesia’s Presidential Chief of Staff, is a significant step for Indonesia and...
SGX Group and BlackRock are taking the lead in helping investors reach their low carbon transition objectives with the listing of iShares MSCI Asia ex-Japan Climate Action ETF. SGX, with...
Apple announced expanded progress to decarbonize its global supply chain, with more than 300 manufacturers now committed to using 100 percent clean energy for their Apple production by 2030. New...
The Purpose Driven Innovation Ecosystem (PDIE) Group, the No. 1 Earthshot Prize nominator, and Sublime Communications, a leading communications agency known for driving hyper-growth, will be kicking off the first in its...
Once operational, the 740 MW solar farm will generate enough clean, renewable electricity to power up to 200,000 homes, making it one of the largest solar farms in the country....
Ingka Group, the largest IKEA retailer, announces it has signed an agreement with H2 Green Steel for the delivery of green steel, to be used in IKEA warehouse racking. The...
Deutsche Bank and the European Investment Bank (EIB) are entering a new cooperation to support mid-sized companies with their sustainable transformation ambitions. Firms with between 250 and 3,000 employees will...
As part of Nestlé’s 2050 net zero roadmap and its work to spark regenerative agriculture, the company tests many new, innovative ideas. Those that prove effective and scalable are rolled...
Apple® announced its first-ever carbon neutral products in the all-new Apple Watch® lineup. Innovations in design and clean energy have driven dramatic reductions in product emissions of over 75 percent...
Cemvita designs synthetic microbes that have the potential to convert CO2 into sustainable aviation fuel (SAF) Cemvita Corporation announced an offtake arrangement with United Airlines for up to 1 billion gallons of...
Zurich Resilience Solutions, the commercial risk advisory and services unit of Zurich Insurance Group (Zurich), and KPMG Switzerland, a leading professional services firm, have formed a strategic collaboration to offer...
EU Parliament voted to boost the deployment of renewable energy, in line with the Green Deal and REPowerEU plans. The update of the Renewable Energy Directive (RED), already agreed upon...
Chevron U.S.A. Inc., through its Chevron New Energies division, announced it has closed a transaction with Haddington Ventures to acquire 100% of Magnum Development, LLC (Magnum Development) and thus a...
MSCI launches MSCI Sustainability Institute to drive progress on the role of capital markets in creating sustainable value MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services...
Melinda French Gates and Bill Gates call for urgent action to advance progress on the UN’s Sustainable Development Goals and shine a spotlight on reducing maternal and child mortality The Bill & Melinda...
Edelweiss Alternatives, part of Edelweiss group, said it has launched its maiden climate fund, which will invest in different ventures related to cleaner climate. The fund will have a corpus...
FedEx Corp. (NYSE: FDX) has launched a new tool, FedEx® Sustainability Insights (FSI), giving customers in select Asia Pacific, Middle East, and Africa (AMEA) markets* access to emissions information on...
E-commerce giant Amazon.com (AMZN.O) has revealed its first investment in direct air capture (DAC) technology, announcing its commitment to acquiring “250,000 tons of removal credits over 10 years,” as per...
A.P. Moller-Maersk, the world’s largest container shipping company, has issued a $750 million green bond to finance its decarbonization efforts. The bond, which matures in 10 years, will yield 1.65...
Investment will transform MINI Plant Oxford to an all-electric production site from 2030. Production of two new electrified models – MINI Cooper 3-door and MINI Aceman – will start in...
Salesforce (NYSE: CRM) announced more than $20 million in new grants to U.S. school districts, along with education and workforce development nonprofits preparing students for success. These grants come at...
Schneider Electric announced it is renewing its long-standing partnership with Habitat for Humanity International. Through the partnership, Schneider Electric will contribute nearly $800,000 in monetary donations along with electrical equipment to help...
Through an expanded agreement with Tesla, Hilton today announced that, beginning in early 2024, up to 20,000 Tesla Universal Wall Connectors are slated to be installed at 2,000 hotels in...
The International Finance Corporation (IFC) and Citi have agreed to launch a $300 million facility pilot under IFC’s newly established Global Supply Chain Finance Program (GSCF). The pilot will help...
The UK’s largest single climate funding commitment boosts GCF’s second replenishment and global climate action The Green Climate Fund (GCF) has welcomed the UK government’s announcement of a USD $2billion...
What to know Make the bold bolder. That’s the vibe of the new Nike ISPA Link Axis, Nike’s first exploration into creating a fully circular shoe, furthering its culture of...
Iconic companies across industries rise together to the urgent challenge of mobilizing suppliers on climate change Guidehouse, a leading global provider of consulting and managed services to commercial and public...
Key Takeaways: A company’s intellectual property is one of its most closely guarded intangible assets. For Mattel, Barbie is a flagship franchise product that, for decades, entertained young girls but...
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