Key Impact Points: A New Path to Net Zero SAP SE has teamed up with Ambipar, a global leader in environmental solutions, to launch “Net Zero as a Service.” This...
Key Impact Points: The Impact Disclosure Taskforce, a market-led initiative co-chaired by J.P. Morgan and Natixis Corporate & Investment Banking, has released its final voluntary Impact Disclosure Guidance aimed at...
Key Impact Points: JPMorgan Chase & Co. has bolstered its climate advisory services by appointing Dr. Sarah Kapnick, former Chief Scientist for the U.S. National Oceanic and Atmospheric Administration (NOAA),...
The CSO at a Crossroads, a BSR report, highlights the evolving role of Chief Sustainability Officers (CSOs) as they face new pressures and opportunities. CSOs have transitioned from entrepreneurial pioneers...
Key Impact Points: Addressing Urban Heat Islands By 2050, two out of three people will live in or around cities, making it crucial to tackle climate challenges in urban areas....
Key Impact Points: The Securities and Exchange Commission (SEC) has charged New York-based investment adviser WisdomTree Asset Management Inc. with making misstatements and failing to comply with its own investment...
In this video, Arsalan Mahtafar, Executive Director of JPMorgan, joins ESG News CEO Matt Bird to discuss JPMorgan’s goals regarding the $10 billion of sustainable finance capital deployed and the...
Technology will be a defining theme of COP29. Will SAP’s New Carbon Data Sharing Platform become one of the world’s most valuable tool in the fight against climate change? Key...
Key Impact Points: The global transition to sustainability is being strongly influenced by the building products industry. According to a recent report from Morningstar Sustainalytics, nearly 90% of the 110...
Key Impact Points: The International Chamber of Commerce (ICC) has launched its Principles for Sustainable Trade Finance (PSTF) at Sibos 2024 in Beijing. Developed in partnership with industry leaders, including...
Key Impact Points: The Biden-Harris Administration has announced a $900 million funding opportunity aimed at supporting the deployment of Generation III+ small modular reactor (SMR) technologies. This investment, part of...
Key Impact Points: The UK government has appointed Ruth Davis OBE as the country’s first Special Representative for Nature, signaling its commitment to addressing the global biodiversity crisis. This announcement...
Key Impact Points: Mercedes F1 has successfully powered their 2024 European race season using HVO100 biofuel, achieving 98% coverage across race and marketing trucks, as well as generators. This initiative...
Key Impact Points: Standard Chartered has launched a sustainable finance variant of its Borrowing Base Trade Loan (BBTL), reinforcing its commitment to decarbonizing the commodity sector. The BBTL is a...
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...
Marjella Lecourt-Alma, CEO of Datamaran, discusses their recent $33M fundraising with ESG News. Marjella outlines plans to use the funds to advance the energy transition through expanded AI-driven ESG solutions,...
Follow ESG News on LinkedIn This week’s header image is the biodiversity stripes. Similar to the climate stripes, it visually represents how biodiversity has collapsed in the last 50 years....
Key Impact Points: Why it matters: X-energy, a leader in advanced nuclear technology, secured $500 million in Series C-1 funding, anchored by Amazon. The investment will help accelerate the deployment...
Key Impact Points: Why it matters: Sustainable funds have surged to $3.5 trillion in AUM, even as inflows slow. The $20 billion in inflows recorded in the first half of...
Key Impact Points: Why it matters: CalSTRS, a leader in sustainable investing, has awarded a significant $150 million mandate to Ninety One’s Global Environment strategy, reinforcing its commitment to investments...
Key Impact Points: Why it matters: Preserving the Amazon rainforest is critical to combating global warming, and carbon credits are a key part of the strategy. However, a lack of...
Key Impact Points: Why it matters: Nearly all of the 350 food and agriculture executives surveyed by Deloitte and NYU Stern Center for Sustainable Business (CSB) acknowledged the financial value...
Key Impact Points: Why it matters: With sustainability becoming a global priority, Oliver Wyman has strengthened its Climate & Sustainability practice in the Middle East, India, and Africa by appointing...
BlackRock Under Scrutiny for ‘Sustainable’ Investments ClientEarth, an environmental law organization, has taken legal action against BlackRock, the world’s largest asset management firm, for alleged greenwashing. The complaint, filed with...
Key Impact Points: Introduction of EnOS™ Ark On October 9, 2024, Univers, a leader in global decarbonization software, unveiled EnOS™ Ark, an all-in-one Software as a Service (SaaS) solution aimed...
3M is premiering a global docuseries, “Green Works,” to showcase the powerful role of green jobs in driving climate solutions. The series, produced in collaboration with Generous Films, features professionals...
Key Impact Points: Loan Guarantees Approved On October 16, 2024, the U.S. Department of Energy announced conditional loan guarantees totaling nearly $3 billion for two significant sustainable aviation fuel (SAF)...
Sustainability for All In a bid to promote sustainable development and uphold environmental commitments, the COP29 Azerbaijan Operating Company is launching an online sustainability training program. Crafted by experts from...
Key Impact Points: Bond Pricing and Details On October 15, 2024, the World Bank priced a 10-year GBP-denominated benchmark bond, raising £700 million to support sustainable development activities in its...
A Critical Report for Climate Action The Nature Positive for Climate Action report, developed by High-Level Climate Champions and CDP, offers a collection of 28 case studies that highlight the...
Amazon is accelerating its transition to carbon-free energy by investing in innovative nuclear power projects. The company has signed three new agreements to support the development of Small Modular Reactors...
In this video, Siemens Financial Services’ CEO, Anthony Casciano, joins ESG News to discuss ESG Tools and Partnerships and how access to these free ESG tools will have a material...
Key Impact Points: Why it matters: Germany, aiming to become climate-neutral by 2045, is taking bold steps to decarbonize its industries. The government’s $3.1 billion subsidies will support industrial companies...
Key Impact Points: Why it matters: eBay is scaling its Circular Fashion Fund (CFF) globally, with applications open until November 15, 2024. The fund will help innovative tech start-ups and...
Key Impact Points: Why it matters: Large companies in the EU must comply with the Corporate Sustainability Reporting Directive (CSRD) starting in 2025. Many struggle with managing sustainability data. IFS...
Key Impact Points: Middle East Sustainable Bond Market Overview According to the S&P Global Ratings Sustainability Insights: Middle East Sustainable Bond Issuance Trends Report, Middle East sustainable bond issuance reached...
Key Impact Points: Global Collaboration for Urban Climate Leadership Bloomberg Philanthropies announced its partnership with the Urban20 (U20) to support the upcoming U20 Summit in Rio de Janeiro, November 14-17,...
Key Impact Points: ADNOC has completed the acquisition of OCI Global’s majority stake in Fertiglobe, increasing its ownership to 86.2%. The remaining 13.8% of shares will continue to trade freely...
Key Findings: Global insurers are increasingly focused on low-carbon transition and clean energy infrastructure investments, according to BlackRock’s 13th annual Global Insurance Report. A staggering 99% of respondents have set...
The CDP‘s latest report, Nurturing Nature: De-risking Nature-based Finance in Asia, explores the pressing need for increased private-sector participation in nature-based financing. As biodiversity loss and climate challenges threaten up...
Key Impact Points: IBM has acquired Prescinto, a leading asset performance management (APM) SaaS provider for renewable energy. The acquisition strengthens IBM’s Maximo Application Suite (MAS), enhancing its ability to...
Key Impact Points: Fidelity International introduces the Blue Transition Bond Fund, the first global blue transition fixed income fund, designed to improve ocean and freshwater health. The fund invests in...
Key Impact Points: Saudi Arabia has completed the first hydrogen train test in the Middle East, according to Dr. Bashar Al-Malik, CEO of the Saudi Railway Company. “This project is...
Key Impact Points: Financing Announcement BrightNight has announced the successful closing of a $260 million tax-equity financing commitment for its 300-megawatt Box Canyon solar project in Pinal County, Arizona. This...
GRESB, the global sustainability benchmark and largest source of ESG data for real assets, has announced the release of its 2024 Real Estate and Infrastructure Benchmark results, marking 15 years...
To accelerate the clean energy transition across the U.S., Google has signed the world’s first corporate agreement to purchase nuclear energy from multiple small modular reactors (SMRs) to be developed...
In this video, ESG Insider co-hosts Lindsey Hall and Esther Whieldon join ESG News CEO Matt Bird to discuss their podcast journey. ESG Insider, an influential podcast from S&P Global,...
Key Impact Points: ESG Book, a leading provider of sustainability-related data on public and private companies, has announced a strategic partnership with Zfolio, the premier platform for managing financed emissions....
Meet the sustainability champions making the Middle East a blueprint for green practices Forbes Middle East has released its second annual list of the region’s sustainability leaders, recognizing the trailblazers...
Greece has presented a revised national energy and climate plan that significantly raises its renewable energy targets, aiming for renewables to account for 82% of electricity generation by 2030. This...
The Government of Canada has successfully re-opened its second Canadian-dollar-denominated green bond, raising an additional $2 billion. This re-opening of a 10-year bond is part of Canada’s commitment to regular...
Significant Investment in Sustainable Projects The Public Investment Fund (PIF) of Saudi Arabia has identified a capital expenditure requirement of $19.4 billion for its eligible green projects, with $5.2 billion...
Macquarie Group’s Managing Director and CEO, Shemara Wikramanayake, announced the Australian financial services group’s plan to invest £20 billion across its UK portfolio. A key highlight is the support for...
In this video, Thomas Körmendi, CEO of Elopak (ELO.OL), joined ESG News’ Matt Bird to discuss Elopak’s remarkable strides in sustainable packaging solutions, highlighting how the company’s innovations in emissions...
Welcome back to the ESG News Week In Review! To get ESG News’s full ‘ESG News Week In Review’ and ESG News Daily email newsletter, subscribe here. ESG NEWS SMART READ OF THE...
For more from Tim Mohin, sign up for his newsletter here With the 29th “Conference of the Parties” – (COP29, the global climate confab) – just around the corner, countries are...
Key Impact Points: Capgemini has officially expanded its partnership with sustainability leader Sustaira into a Global Alliance during Climate Week NYC 2024. This collaboration, announced shortly after the launch of...
Key Impact Points: Microsoft Cloud for Sustainability Expands with AI Enhancements: To speed up sustainability progress, Microsoft has expanded its AI capabilities in Microsoft Cloud for Sustainability, focusing on key...
Leading the Charge on Textile Waste Spain’s largest fashion companies, including Zara owner Inditex, H&M, Decathlon, Ikea, and Primark, will start collecting discarded clothes in April next year as part...
Key Impact Points: Petrobras is investing R$ 90 million to build its first pilot plant for renewable hydrogen production. Slated to begin operations by early 2026, the plant will be...
Doubling Down on Green Energy Spain’s Iberdrola, Europe’s largest electricity company, announced plans to double its UK investment to £24 billion ($31 billion) between 2024-2028. The move, ahead of the...
Advancing Climate Intelligence S&P Global has launched the S&P Global Climate Center of Excellence, aimed at enhancing long-term climate, environmental, and nature research. The center brings together top scientists and...
Key Impact Points: ESG investment in Japan is accelerating, driven by a mix of policy support and growing investor interest. Public pension funds signing the Principles for Responsible Investment (PRI)...
Highlights: The Vistria Group is advancing its sustainable real estate strategy by partnering with Measurabl, a leader in ESG technology for real estate. This collaboration aims to enhance the preservation...
Innovative Financing for Sustainable Development CDPQ, a global investment group, and Nuveen Green Capital (NGC), a leader in sustainable commercial real estate financing solutions, announced the launch of a $600...
Key Impact Points: ING, the global wholesale bank, has appointed Jonathan Keyes as the new Head of Sustainable Finance for the Middle East, underscoring its commitment to sustainability in one...
Key Impact Points: The Government of Canada is advancing a Made-in-Canada sustainable investment taxonomy aimed at accelerating progress toward net-zero emissions by 2050. This taxonomy will provide a framework for...
Key Impact Points: RepRisk’s latest research reveals a 12% decrease in global greenwashing risk across all sectors for the year ending June 2024, marking the first decline in six years....
Key Impact Points: The European Mortgage Federation – European Covered Bond Council (EMF-ECBC) and the Climate Bonds Initiative (Climate Bonds) have joined forces to certify bonds aligned with the European...
Key Impact Points: Plans to build the UK’s first deep coal mine in over three decades have been blocked by the High Court. The mine, proposed for Whitehaven in Cumbria,...
Key Impact Points: Carlsberg Group’s ESG Journey with Deloitte As a global brewery leader, the Carlsberg Group has made significant strides in meeting its environmental, social, and governance (ESG) targets....
Key Impact Points: Google advances 24/7 clean energy goal energyRe announced that Google has signed a 12-year power purchase agreement (PPA) for renewable energy from a 435-megawatt (MWdc) solar project....
Key Impact Points: Goldman Sachs Boosts BrightNight’s Renewable Energy Expansion with $440M Investment Goldman Sachs Alternatives has made a $440 million equity investment in BrightNight, a next-generation renewable energy company....
In this video, Workiva’s Mandi McReynolds, VP of Global ESG and Chief Sustainability Officer, joined ESG News CEO Matt Bird during Climate Week NYC to discuss the company’s latest brief...
Key Impact Points: The International Finance Corporation (IFC), a member of the World Bank Group, has teamed up with Axis Bank, one of India’s largest private sector banks, to launch...
Key Impact Points: AI and accelerated computing are transforming industries by driving energy efficiency and offering innovative solutions to global sustainability challenges, according to Joshua Parker, senior director of corporate...
Key Impact Points: In response to increasing demand from businesses and accountants, ACCA has launched a Professional Diploma in Sustainability. This pioneering program is tailored for finance professionals seeking to...
Pioneering Global Decarbonization Efforts During the Ministerial day of the 15th Clean Energy Ministerial (CEM15), the Climate Investment Funds, one of the world’s largest multilateral climate funds, announced a significant...
Key Impact Points: Uber Technologies Inc. has taken a significant step forward in its sustainability efforts by preparing to launch an AI assistant, developed in collaboration with OpenAI’s GPT-4o technology,...
Key Impact Points: Colombia is in discussions with Germany for a debt-for-nature swap to support its ambitious $40 billion plan to transition from fossil fuels and enhance environmental conservation. Foreign...
Key Impact Points: BP, the UK-based oil giant, has announced a significant shift in its strategy, moving away from earlier plans to cut oil and gas production by 2030 and...
Expanding Climate Tech Support HSBC has deepened its collaboration with Google Cloud, launching new initiatives to support the burgeoning climate tech sector. This partnership, particularly through the Google Cloud Ready...
Key Impact Points: Pioneering Energy Storage Solutions Sweco, a leader in civil and electrical engineering, is set to design Green Turtle—one of continental Europe’s largest battery storage facilities—for GIGA Storage...
Key Impact Points: National Finance, Oman’s leading finance company, has partnered with the Environment Society of Oman (ESO) to launch the innovative Green Campus Educational Initiative. This program aims to...
In a significant move to bolster the environmental, social, and governance (ESG) capabilities of its charitable sector, KPMG in Singapore has introduced an ESG Playbook for Charities. This initiative, developed...
Key Impact Points: Strategic Investment in Carbon Capture The UK government has reaffirmed its commitment to combatting climate change by allocating up to £21.7 billion to carbon capture and storage...
Intro: Matthew Sekol joined ESG News during Climate Week NYC to discuss his latest book, ESG Mindset: Business Resilience and Sustainable Growth, a guide for business leaders, ESG specialists, and...
Robert Langrick of the CFA Institute offers an in-depth look at the world’s largest ESG training program for ESG and sustainable finance professionals! Snapshot: Robert Langrick of CFA Institute sat...
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...
Follow ESG News on LinkedIn This week, the EU and the US seemed to swap roles as California advanced its climate disclosure law, maintaining the 2026 reporting deadline for large...
Last Updated: November 8, 2024 In this video, Marjella Lecourt-Alma, CEO of Datamaran, joined ESG News CEO Matt Bird to delve into the transformative role of AI and data in...