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Norges Bank Investment Management (NBIM) has taken a significant step in expanding its renewable energy portfolio. On August 23rd, NBIM committed €900 million to Copenhagen Infrastructure Partners’ (CIP) fifth flagship...
Ikea has launched “Ikea Preowned,” a peer-to-peer marketplace that allows customers to buy and sell secondhand Ikea furniture directly to each other. This move marks Ikea’s entry into the secondhand...
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 To say the SEC’s Climate Rule has gone through the wringer would be an understatement. The policy has faced fierce...
Germany’s Households and Sustainable Investments Germany’s households hold a substantial role in financing the green transformation. According to KfW Research, 44% of households are either already investing in sustainable financial...
Australia’s Senate has passed the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024, setting the stage for a new era of mandatory climate risk disclosures. Starting in...
Brazil is stepping up its commitment to sustainable aviation fuel (SAF) production with a substantial $1.1 billion financing initiative. The country’s development bank, BNDES, and government funding agency, Finep, are...
LGT Capital Partners’ 2024 ESG Report highlights the growing dedication among alternative investment managers to Environmental, Social, and Governance (ESG) standards. Over the past decade, the percentage of private equity...
Aramex Boosts Sustainability with New CSO Appointment Aramex, a global leader in logistics and transportation, has appointed Manosij Ganguli as Group Chief Sustainability Officer. This move signals Aramex’s deepening commitment...
The 2024 sustainability landscape has ushered in a significant era of ESG capacity building, with companies making strides in embedding sustainability into their core operations. According to Deloitte’s 2024 Sustainability...
Japan made a significant stride in energy transition on Wednesday by signing 70 memorandums of understanding (MOUs) with various partners. These agreements were secured during the Asia Zero Emission Community...
India is making a bold move toward environmental sustainability with the “Indian Zero Emission Trucking Policy Advisory,” aiming to transition entirely to zero-emission trucks (ZETs) by 2050. The government’s Office...
China, the world’s largest builder of coal-fired power stations, made a significant shift in the first half of 2024, reducing new coal power plant permits by nearly 80%, according to...
The Network for Greening the Financial System (NGFS) has published two pivotal reports addressing nature-related risks, underscoring the urgency for central banks and financial supervisors to integrate these risks into...
In 2023, the US oil and gas industry defied significant commodity price drops to not only increase production but also maintain shareholder value. Despite an 18% drop in West Texas...
China’s National Development Bank (NDB) has taken another significant step in supporting sustainable finance by issuing 12 billion yuan (approximately $1.7 billion) in green financial bonds. These three-year bonds, offered...
Uber Technologies has appointed Rebecca Tinucci, former Tesla executive, as its Global Head of Sustainability. Starting on September 16, Tinucci will spearhead Uber’s ambitious goal to electrify its fleet by...
TotalEnergies SE faced a significant setback when South Africa’s Advertising Regulatory Board (ARB) ruled that the company’s sustainability claims were “misleading,” marking the first such challenge in the country. Fossil...
Australia has officially approved SunCable’s ambitious Australia-Asia Power Link (AAPowerLink), a $13.5 billion solar power project that will export renewable energy from the Northern Territory to Singapore via a 4,300...
RepAir Carbon US Inc. and C-Questra have teamed up to launch the European Union’s first onshore Direct Air Capture and Storage (DACS) project in Grandpuits, France. This collaboration marks a...
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