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The Monetary Authority of Singapore (MAS) announced several green finance and capital market initiatives at the 20th Joint Council for Bilateral Cooperation (JCBC) meeting, co-chaired by Singapore’s Deputy Prime Minister Gan Kim Yong and China’s ...
US issuers are propelling green bond sales toward record levels despite shifting policy landscapes. As of early November, green bond sales reached $550 billion, nearing the annual record of $588 billion set in 2021. This ...
The Securities and Exchange Commission (SEC) charged Atlanta-based investment adviser Invesco Advisers, Inc. with making false statements regarding the integration of ESG factors in their asset management. From 2020 to 2022, Invesco claimed that 70-94% ...
Only one in six (16%) of the world’s largest companies are projected to meet their 2050 net-zero goals, according to Accenture’s latest “Destination Net Zero” report. While over half (52%) have managed to reduce both ...
The mini-documentary “Hotel Marcel: A Net-Zero Transformation,” part of ESG News’s new “Brands With Values: Net-Zero Transitions Series,” delves into the innovative journey of Hotel Marcel’s conversion into the United States’ first net-zero energy hotel. ...
In this interview, India Foundation’s Managing Director Shaurya Doval joined ESG News CEO Matt Bird to discuss economic insights into India’s energy transition. From the interview, “India is making a material transition, and the stakes ...
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 WEEK Tim Mohin: Why ESG ...
Follow ESG News on Linkedin After 40 years in sustainability, I’ve seen the ebb and flow of government action through many election cycles. Yet, as scientific understanding and public awareness of environmental and social impacts have ...
H&M Group has strengthened its commitment to renewable energy through a virtual power purchase agreement (VPPA) with Lightsource bp for the 125MW Second Division solar project in Brazoria County, Texas. This partnership marks a significant ...
The Brazilian government, led by President Luiz Inacio Lula da Silva, reported a significant milestone in forest conservation: the smallest annual deforestation rate in the Amazon in nearly a decade. According to the National Institute ...
The United Arab Emirates (UAE) has announced an ambitious climate plan ahead of next week’s COP29 climate summit in Azerbaijan, becoming the first major emitter to submit updated Nationally Determined Contributions (NDCs) before the February ...
China has taken a landmark step in its climate strategy by passing its first-ever energy law, which will come into effect on January 1, 2025. Adopted during a session of the Standing Committee of the ...
California regulators are preparing to vote on amendments to the state’s Low Carbon Fuel Standard (LCFS), a move that could intensify the push for low-carbon fuels to meet aggressive climate targets. The changes propose raising ...
Li-Cycle Holdings Corp. has secured a major $475 million loan from the U.S. Department of Energy (DOE) to fund the development of its Rochester Hub project in upstate New York. The announcement comes at a ...
RBC Global Asset Management Inc. has announced that the RBC Canadian Core Real Estate Fund (the Fund) reached a new milestone with its fifth major transaction since its inception in 2019. This latest portfolio move ...
The European Insurance and Occupational Pensions Authority (EIOPA) has released its final report on the prudential treatment of sustainability risks under Solvency II, recommending increased capital requirements for insurers holding fossil fuel assets. This move ...
Optera, an ESG and carbon management software leader, has released the next generation of its Supply Chain Manager, advancing Scope 3, category 1 emissions management. This update comes as companies face new regulatory pressures, such ...
Building on its legacy of innovation and sustainability, Samsonite International S.A. has announced a new science-based climate target, aligning with the Science Based Targets initiative (SBTi) criteria. The commitment underscores the company’s aim to cut ...
The UK’s Department for Energy Security and Net Zero (DESNZ) and Westminster Council have launched a £1 billion heat network aimed at providing low-carbon heating to some of London’s most famous sites. The project, spearheaded ...
Mizuho Bank, Ltd., led by President & CEO Masahiko Kato, has entered into a strategic partnership with Pollination Global Holdings Limited, founded by CEO Martijn Wilder AM, to bolster clients’ decarbonization efforts. As part of ...
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