ESG Europe
Ingka Group, the largest IKEA retailer, is investing €1.5 billion to accelerate its transition away from fossil fuels. This move contributes to the company’s goal of reducing its climate footprint from its own operations by ...
Amanda Young, former Chief Sustainability Officer at Abrdn, has joined the Global Ethical Finance Initiative (GEFI) as a Senior Advisor. With over a decade of experience in sustainability and responsible investment, she will contribute to ...
Clorox Company has announced a strategic partnership with carbon tracking platform Manufacture 2030 (M2030) to advance decarbonization throughout its value chain by assisting suppliers in meeting carbon reduction targets. Why it matters: The collaboration focuses ...
The International Chamber of Commerce (ICC) and Sage have released a global report unveiling a $789 billion green finance opportunity for small and medium-sized enterprises (SMEs). Despite this vast potential, a significant gap exists between ...
The American Petroleum Institute (API), representing nearly 600 U.S. oil and natural gas companies, has released a policy wishlist for President-elect Donald Trump’s incoming administration. The platform focuses on reversing several Biden-era policies that API ...
The New York City Employees’ Retirement System (NYCERS) has joined the UN-convened Net-Zero Asset Owner Alliance (NZAOA), reinforcing its commitment to addressing climate change risks in its investment portfolio. “This significant step builds on NYCERS’s ...
BP, Equinor, Shell, and TotalEnergies have announced a combined commitment of $500 million to support the United Nations Sustainable Development Goal 7 (UN SDG7), which strives for universal access to affordable, reliable, sustainable, and modern ...
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. Follow ESG News on LinkedIn ESG NEWS SMART READ OF THE WEEK ...
Follow ESG News on Linkedin In the first EU Parliament hearing since the US election, voices against the EU Green Deal from the right and far-right were louder than ever. Emboldened by President Trump’s rhetoric on ...
A group of conflict-affected countries is pushing at COP29 to double financial aid to more than $20 billion a year to combat natural disasters and security crises facing their populations, a letter first seen by ...
At COP29 in Baku, the COP29 Presidency launched the Baku Call on Climate Action for Peace, Relief, and Recovery (BCCAP), a milestone initiative aimed at addressing the critical intersection of climate change, conflict, and humanitarian ...
At COP29, the International Organization for Standardization (ISO) unveiled new ESG Implementation Principles to help organizations navigate the complex Environmental, Social, and Governance (ESG) landscape. These guidelines aim to simplify compliance with disclosure requirements and ...
Global Companies Lag in Renewable Energy Adoption, CDP Report Finds A new report from non-profit CDP reveals that major global companies are falling short in their use of renewable energy, undermining global clean energy goals ...
Singapore has joined the European Union (EU) and China in presenting the Multi-Jurisdiction Common Ground Taxonomy (M-CGT), a significant step towards harmonizing sustainable finance taxonomies across the three regions. Developed by the People’s Bank of ...
The Inter-American Development Bank (IDB) and its private sector arm, IDB Invest, are accelerating their climate and environmental sustainability efforts across Latin America and the Caribbean. By 2030, they plan to significantly increase their green ...
What’s New For the first time, JPMorgan Chase, the United States’ largest lender, has disclosed its Energy Supply Financing Ratio, revealing that it provided $1.29 in financing to green energy for every dollar invested in ...
Deep Sky, a leader in carbon removal technology, has finalized a significant deal with Microsoft and Royal Bank of Canada (RBC) for the sale of 10,000 carbon removal credits. This transaction marks a pivotal step ...
The European Parliament’s recent vote to delay the EU deforestation regulation signals a shift that could impact environmental and trade policies for years to come. While the law was originally set to take effect by ...
The 2024 EY Global Climate Action Barometer reveals that while climate disclosures have improved significantly over recent years, urgent action remains lacking among companies to combat the intensifying climate crisis. Despite an increase in disclosure ...
A recent KPMG International report, Leaders 2050, reveals that young professionals worldwide are feeling disempowered in supporting their organizations’ climate goals. The survey, involving over 800 young people aged 18 to 35 across 48 countries, ...
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