ESG Asia
HelloFresh, the world’s leading meal kit provider, released its annual 2022 Sustainability Report (Non-Financial Report) and announced a new commitment to set science-based emissions reduction targets. The global report demonstrates the company’s...
The Western Union Company, a leader in cross-border money movement, has received three distinctions for its efforts in advancing its environment, social and governance (ESG) strategy. See related article: Western...
Corteva Inc., Bunge and Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, announced a commercial collaboration to introduce proprietary winter canola hybrids that produce plant-based oil with a lower carbon...
New Purchase Agreement Demonstrates Supply Chain Investment in SAF by Shell Aviation, and Growing Demand for SAF JetBlue and Shell Aviation announced a new collaboration bringing additional supply of sustainable...
New law raises the EU carbon sinks target for the land use and forestry sector, which should reduce greenhouse gases in the EU in 2030 by up to 57% compared...
EU Parliament adopted draft measures to increase the rate of renovations and reduce energy consumption and greenhouse-gas emissions on Tuesday. The proposed revision of the Energy Performance of Buildings Directive...
The EU Commission has proposed to reform the EU’s electricity market design to accelerate a surge in renewables and the phase-out of gas, make consumer bills less dependent on volatile fossil fuel prices, better protect...
The U.S. Department of Energy (DOE) announced nearly $47 million in funding for 22 research projects to advance the development of new and innovative measurement, monitoring, and mitigation technologies to...
Ally Law, a prominent global legal network with 80 member firms in 45 countries, kicked off its 2023 Annual General Meeting in Sydney, Australia, today. Hosted by member firm Russell Kennedy from March 14...
Viridos’ Algae Biofuels to Decarbonize Jet and Diesel Fuel using Highly Productive, Sustainable, and Scalable Saltwater Algae Chevron U.S.A. Inc. and United Airlines Ventures Join Viridos Series A Viridos, Inc.,...
An international authority in corporate and public sector reporting is to lead the Global Sustainability Standards Board (GSSB), the independent body that sets the GRI Standards. Carol Adams, who for 30 years...
ESG Performance Insights from Ratings Covering $2.6 Trillion in Procurement Spend Mark Acceleration of Positive Actions & Improvement Across the EcoVadis Network EcoVadis is reporting on the sustainable business practices being...
The Parker Review committee has published the 2022 results of its latest voluntary census on the ethnic diversity of FTSE 350 company boards, carried out jointly with the Department for...
This report sets out the Bank’s latest thinking on climate-related risks and regulatory capital frameworks. The report includes updates on: capability and regime gaps; capitalisation timelines; and areas for future...
The European Investment Bank (EIB) has granted a €300 million loan to novobanco to facilitate the financing of projects undertaken by SMEs (firms with up to 250 employees), MidCaps (firms with up...
Britain will invest 20 billion pounds ($24 billion) over the next 20 years in projects to capture and store carbon dioxide (C02), the government said on Friday, as part of...
March 2023 Week-2; Study Says Climate Change To Cost Germany up to 900 Billion Euros by 2050; U.S. DOE Announces $6 Billion To Reduce Industrial Emissions and Create Healthier Communities; Canada Issues Final...
The European Investment Bank Group (EIBG) has signed a new contract with the Greek state for technical assistance from the banks’ Advisory Hub which will help facilitate crucial investments to...
The Commission welcomes the provisional agreement reached this morning with the European Parliament and the Council to reform and strengthen the EU Energy Efficiency Directive. This deal marks a further step in...
New Memorandum of Understanding Supports Reliability of Nation’s Power System as Energy Sector Invests in Clean Energy Opportunities The U.S. Department of Energy (DOE) and U.S. Environmental Protection Agency (EPA)...
Aims to accelerate etisalat by e& sustainability initiatives using IBM software IBM and etisalat by e&, announced that the company will leverage IBM sustainability software to help advance etisalat by...
The First Green Transition Programmatic Development Policy Loan was approved by the World Bank’s Board of Executive Directors, providing EUR 149.9 million (US$160 million equivalent) in support of Serbia’s bolstered efforts to...
Mitsubishi Motors Corp plans for hybrid and battery electric vehicles to account for all new car sales by the middle of the next decade, beefing up its electrification strategy for staying...
Purolator announced it expects to invest approximately $1 billion to electrify its Canadian network over the next seven years. This includes a plan to purchase more than 3,500 fully electric...
Cathy Will Accelerate Market-Ready ClearFlame Technologies Veteran product and technology cultivator Cathy Choi, Ph.D., has taken the helm at ClearFlame Engine Technologies as Vice President of Engineering and Chief Sustainability...
Partnership will enable BDO Sunghyun clients to access ESG Book’s market leading sustainability data solutions for corporates and investors. ESG Book, a global leader in sustainability data and technology, announced...
Schneider Electric, the leader in the digital transformation of energy management and automation, announced its first-ever Sustainability Impact Awards, an inaugural program that recognizes the critical role that Schneider’s partners and...
Three major groups are joining forces to fight climate change and launch the European Clean Transport Network Alliance (ECTN Alliance), a concrete solution to decarbonize road freight transport. Mobilizing the...
The Commission announced an investment of over €116 million for the new LIFE Programme’s Strategic Projects. The funding will help eight major projects in Belgium, Estonia, Spain, Italy, Poland, Slovakia and Finland reach their climate and environmental targets....
A socially responsible investing approach that aims to earn current income TD Asset Management Inc. expanded its sustainability suite with the launch of the TD North American Sustainability Bond Fund,...
Company Applying Innovation to Power Heavy-Duty Diesel Engines with Renewable Fuels Chicago-based ClearFlame Engine Technologies has raised $30 million in Series B funding to bring to market innovative solutions that power heavy-duty...
Funding from President Biden’s Clean Energy Plan Will Create New Economic Opportunities Across the Nation and Bolster American Industrial Leadership Globally The Biden-Harris Administration, through the U.S. Department of Energy...
Withum, a national advisory and accounting firm, has identified opportunities for CPAs to assist private companies with their ESG strategy development and execution. Joe Holman, Market Leader of Withum’s ESG...
Finastra has announced the availability of its ESG Service, a cloud-native SaaS solution that streamlines sustainability-linked lending. Open and scalable, ESG Service facilitates the integration of sustainability performance target criteria...
Stevanato Group S.p.A., a global provider of drug containment, drug delivery and diagnostic solutions to the pharmaceutical, biotechnology and life sciences industries, announced two separate agreements with BNL BNP Paribas and Cassa Depositi...
The European Investment Bank, the world’s largest multilateral bank, and Afreximbank, the pan-African multilateral financial institution, have joined forces to enhance healthcare and pharmaceutical investment across sub-Saharan Africa and strengthen...
The OPEC Fund for International Development (the OPEC Fund) is providing a US$25 million loan in support of the Niger Solar Plant Development and Electricity Access Improvement Project (RANAA), which...
Platform creates access to new markets for women-owned businesses Bank of America, in partnership with Seneca Women, has launched a new online marketplace for women entrepreneurs, providing them access to new...
Board diversity, equal pay, awards amplify Union Pacific’s commitment to diversity, equity and inclusion in new We Are One Report Union Pacific Railroad announced it received third-party validation of pay...
Verizon announced that the Climate Resilience Prize, an initiative focused on recognizing and propelling climate resilience solutions, will continue for a second year in partnership with GreenBiz and Resilient Cities Network,...
Global power and technology leader Cummins Inc. announced the launch of Accelera by Cummins, a new brand for its New Power business unit. Accelera provides a diverse portfolio of zero-emissions...
The World Bank’s Board of Executive Directors approved financing support in the amount of $12 million for the Scaling Solar 2 Project for Uzbekistan. The Project will help expand the country’s capacity...
From today, HVOlution, the biofuel produced at Venice and Gela Eni’s bio-refineries, will be used by 150 vehicles from the Spinelli Group’s fleet Eni Sustainable Mobility and the Spinelli Group,...
The EY organization and IBM announce a global collaboration to focus on environmental, social and governance (ESG) solutions that aim to help organizations accelerate business transformation with value-led sustainability. EY...
The African Development Bank, rated Aaa/AAA/AAA/AAA (Moody’s/S&P/Fitch/Japan Credit Rating, all stable) has successfully launched an AUD 50 million 15-year Kangaroo Green Bond due March 2038. The new issuance was arranged...
The World Business Council for Sustainable Development (WBCSD) together with Shift has released a primer for CFOs on advancing the “S” in ESG. Social issues are becoming a higher priority on the business agenda. This is, in part,...
Grove Collaborative Holdings, Inc., a leading sustainable consumer products company and Certified B Corp, announced the launch of its new Grove Co. Fresh Horizons Limited Edition Collection with Drew Barrymore....
Cedo, one of Europe’s largest manufacturers of private label consumer products for waste disposal, food preparation and storage, has appointed its first Group Sustainability Director. The role will be crucial...
Credit Suisse is expanding its existing sustainability-related advisory offering for corporate clients, thereby helping companies transition to a more sustainable business model. This is also the context in which its...
South Korea’s national pension fund will consider climate change as part of its stewardship activities going forward, the welfare ministry said on Tuesday. A panel that oversees the National Pension...
However, 85% are concerned they do not have the right technology in place to meet ESG reporting requirements A new survey released by PwC US and Workiva Inc. finds 70%...
Agreement enables pilot testing to more quickly scale-up deployment of Direct Air Capture solutions Baker Hughes, an energy technology company, and HIF Global, the world’s leading eFuels company, announced Tuesday their...
Climate change and the global response to the threats it poses have the potential to significantly impact the safety and soundness of the Canadian financial system. Today, the Office of...
GeNeuro, a biopharmaceutical company developing novel treatments for neurodegenerative and autoimmune diseases such as multiple sclerosis (MS), amyotrophic lateral sclerosis (ALS) and the severe consequences of COVID-19, (PASC, post-COVID or...
The Financial Education & Research Foundation, the independent non-profit research affiliate of Financial Executives International, has released the findings of its latest Environmental, Social, and Governance report, How Finance Will Transform...
VF Corporation, a global leader in branded lifestyle apparel, footwear and accessories, announced the closing of a €500 million green bond offering, representing its second green bond issued; the inaugural...
Extreme weather caused by climate change could cost Germany up to 900 billion euros in cumulative economic damage by mid-century, a study showed on Monday, as Europe’s biggest economy seeks...
TotalEnergies is developing its renewable activities in Poland by acquiring the country’s main biogas producer, Polska Grupa Biogazowa (PGB), and a 200-megawatt (MW) development pipeline of solar projects. Poland, Europe’s...
The Sustainability Report details how UBS meets clients’ sustainable finance and investing needs and supports them in the transition to a low-carbon economy. It also provides details on the firm’s...
RBC has shared updates on its purpose-driven approach to helping clients thrive and communities prosper through the release of three key reports. These reports reflect the importance that RBC places...
The European Investment Bank (EIB), Crédit Agricole Corporate and Investment Bank Milan branch (Crédit Agricole CIB), Natixis Corporate and Investment Banking (Natixis CIB) and Reden have closed a project finance operation...
The Clorox Company has earned the top ranking on Barron’s 2023 100 Most Sustainable Companies list — its second time in the top five and fifth consecutive year in the...
March 2023 Week-1; EDP unveils €25 billion for renewable energy; Washington to impose limit on GHG emissions for companies; EIB study finds €6.7 billion investment gap to meet Europe’s recycling targets; Essar launches EET...
– Will gradually adopt low-carbon aluminum in the drive toward carbon-neutral materials – Yamaha Motor Co., Ltd. announced that it has reached an agreement with an aluminum ingot supplier for...
The European Investment Bank (EIB) has signed a €55 million green loan for a joint venture between Iberdrola (75%) and Caja Rural de Soria (25%) which will be used to build...
Iberdrola and bp signed a strategic alliance to accelerate the energy transition in sustainable mobility. The companies, which announced their intention to form a joint venture in July 2022, plan to invest €1 billion...
Mercedes-Benz laid the foundation stone for a sustainable battery recycling factory in Kuppenheim, southern Germany on Friday. The pilot plant will have an annual capacity of 2500 tonnes and will contribute...
In an official visit in Morocco, Neighbourhood and Enlargement Commissioner Olivér Várhelyi announced new cooperation programmes worth €624 million in total to support Morocco’s transition to green energy, enhance cooperation on addressing irregular...
Companies are favoring environmental, social and corporate-governance (ESG) factors more heavily in their decisions on which buildings to lease or buy, with many prioritizing green-building certifications and features that reduce...
Morrow Sodali, the global stakeholder engagement and ESG consulting firm, has announced the acquisition of FrameworkESG, a specialty consulting firm that provides data-driven analysis and expertise to help clients reduce...
Stern IR, Inc., a Precision Value & Health company, has announced the launch of its new environmental, social, and governance advisory practice. The addition of the ESG practice will deliver...
Sustainable Finance target: New ambitions in businesses by end of 2025: Reductions in financed CO2 emissions and fossil fuel financing during 2022: Policies & Commitments: People & Own Operations: Deutsche...
York and Norwich set to become the UK’s first bus depots outside of London to run fully electric fleets • Four First Bus depots benefit from boosted joint investment in electric fleet • First...
GE Renewable Energy announced that it has been selected by Inikti as the supplier for the Otada wind farm in Lithuania, located near Sakiai city in the south west of...
Marubeni Corporation signed a MOU with the Public Investment Fund (“PIF”), one of the world’s largest and most impactful sovereign wealth funds, to set out a framework for the development...
CarbonFree’s SkyCycle Technology Would Capture and Mineralize up to 50,000 Metric Tons of CO2 Annually from U. S. Steel’s Facility in Gary, Indiana United States Steel Corporation and CarbonFree Chemicals Holdings, LLC...
The Biden-Harris Administration is making $250 million available to develop innovative strategies to cut climate pollution and build clean energy economies. These planning grants, through the U.S. Environmental Protection Agency...
U.S. bank Citi on Thursday announced targets for cutting emissions tied to loans it makes to coal mining, auto, steel and real estate clients by the end of this decade, in...
At the Our Ocean Conference in Panama, the EU is confirming its strong engagement for international ocean governance by announcing 39 commitments for action for the year 2023. These actions will be funded by €816.5...
The European Investment Bank (EIB) unveiled a new study titled “Cutting plastics pollution – Financial measures for a more circular value chain”. The study analyses the inefficiencies of the plastics value...
EDP is scaling up its ambition to lead the energy transition by pushing even further its investment plan and targets in the updated Business Plan 23-26, which will be presented...
VantagePoint, a finance transformation and technology implementation specialist, has partnered with IASeminars, a global provider of finance and accounting training, to provide a holistic ESG compliance offering. Environmental, social, and...
DOE Announces Initial Funding for New $1 Billion Bipartisan Infrastructure Law Program to Improve Energy Systems in Areas with Less Than 10,000 People The Biden-Harris Administration, through the U.S. Department...
SESAMm, a leader in natural language processing (NLP), a field of artificial intelligence, announced the close of a Series B2 funding round of €35 million (USD 37 million) to accelerate...
bp pulse, one of the leading rapid and ultra-fast public EV charging networks in the UK and APCOA Parking Group, the UK’s leading provider of tailored parking solutions with an...
Dairy sustainability scientists and innovators will soon have the nation’s largest research hub to test their ideas and develop technologies in the Pacific Northwest. The Idaho Center for Agriculture, Food and the...
Wyatt joined Persefoni one year ago from the U.S. Securities and Exchange Commission having led the rulemaking team through drafting the proposed climate disclosure rules Kristina Wyatt Persefoni, a global...
The European Investment Bank. the world’s largest multilateral bank and leading global financier of renewable energy, will strengthen support for green hydrogen investment in Kenya. Thomas Östros, European Investment Bank...
Divert plans infrastructure expansion across North America to decarbonize the food value chain and combat climate change. Divert Inc., a leading impact technology company on a mission to Protect the...
EU negotiators on Tuesday struck a deal creating the first best in class standard for the issuing of green bonds. The “European Green Bonds Standard” (EUGBS), which companies issuing a...
Advancing women in leadership is not a formal business priority for the majority of organizations surveyed, but there is a roadmap for sustainable progress The leadership pipeline for women has...
The United States Postal Service awarded contracts for 9,250 commercially available left-hand drive (LHD) battery electric vehicles (BEVs) as well as initial orders for more than 14,000 charging stations to...
On Wednesday members of the Committee on the Environment, Public Health and Food Safety (ENVI) adopted their position on revising the EU’s legislative framework on fluorinated gases (F-gases) emissions with 64 votes...
Norman, formerly with Amazon and ExxonMobil, Responsible for Aligning Lyten’s Decarbonization Acceleration Efforts with Customers’ Sustainability Goals Lyten, Inc., an advanced materials manufacturer of the innovative Lyten 3D Graphene technology platform,...
Washington state is holding its first carbon-allowance auction on Tuesday, marking a key step forward in a statewide program that will impose a limit on greenhouse gas emissions and make...
Apex Group Ltd., a global financial services provider, announces the launch of a pioneering ESG Data as a Service platform for the private markets. Apex Group’s ESG Data as a...
The BMW Group is presenting international media representatives with the first vehicles in a pilot fleet that will go into service this year. After four years of development work, the...
This year’s grant recipients are focused on solutions designed to assist people and communities who may be disproportionately affected by climate change and the transition to a low-carbon economy TD...
bp launched the green hydrogen cluster of the Valencia region (HyVal) at its Castellón refinery. Led by bp, this public-private collaborative initiative is intended to be based around the phased...
Solar panels, battery energy storage extend century-old ties between global critical infrastructure leader, renowned university More than a century since two University of Kansas engineering graduates launched Black & Veatch,...
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