Ørsted has entered a strategic partnership with Brookfield Asset Management, its institutional affiliates, and Brookfield Renewable, who will acquire a 12.45% minority stake in four of Ørsted’s UK offshore wind farms—Hornsea 1, Hornsea 2, Walney ...
As we have been discussing about sustainability and fosil sources it is timely where data is the new oil and computational power is its refinery. In this extend, parallel computing has emerged as a critical ...
Key Impact Points Aviva Investors Launches Carbon Removal Fund Aviva Investors has launched an innovative Carbon Removal Fund (CRF) that offers institutional investors access to a range of high-integrity carbon removal solutions aimed at supporting ...
Dow and Ambipar have joined forces to expand plastic materials recycling in Brazil. The partnership will drive polyethylene recycling from 2,000 tons to 60,000 tons per year by 2030, positioning both companies as leaders in ...
Amazon’s Climate Pledge Fund (CPF) is expanding its sustainability investments with three new companies focused on critical climate issues—e-waste, carbon storage, and low-carbon construction. These investments support Amazon’s commitment to achieving net-zero carbon emissions by ...
KKR and ECP’s $50B partnership will drive significant investment in data centers and power infrastructure, responding to the growing demand driven by AI and cloud computing. The strategic partnership combines KKR’s expertise in digital infrastructure ...
Greenwashing Fears in Sustainability Reporting: CFOs and Investors Sound Alarm Concerns over the credibility of sustainability claims are growing, with 55% of CFOs surveyed in EY’s 2024 Global Corporate Reporting Survey warning that their industry’s ...
ESG demand outpacing preparedness According to the 2024 Future Ready Lawyer Survey by Wolters Kluwer, the legal industry is facing a sharp rise in demand for ESG-oriented services. The survey found that while 68% of ...
The ESG Data Landscape: As climate risks and policy shifts reshape the business environment, investors are under growing pressure to make decisions based on reliable ESG data. Polling at the Bloomberg Sustainable Finance Forum revealed ...
Energy Transition Infrastructure: A Growing Investment Opportunity Since 2014, energy transition infrastructure has attracted $892 billion in capital commitments. Nearly a quarter of these funds have flowed into specialist funds, which focus exclusively on renewable ...
PwC has made significant strides in its sustainability initiatives, achieving 95% renewable electricity usage in 2024 and a 71% reduction in Scope 1 and 2 greenhouse gas emissions from a FY19 baseline. The firm is ...
Key Takeaways: MUFG Bank, Ltd. announced the launch of MUFG CashFolio™, a new liquidity trading portal developed in partnership with BNY Mellon. This online tool gives institutional clients greater access to short-term investments through the ...
Lloyd’s and MIGA Boost Climate-Smart Agriculture with $1.2 Billion Guarantee Lloyd’s, the world’s leading insurance marketplace, announced a formal partnership with the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) to accelerate climate-smart agriculture. This ...
Key Impact Points: Finance chiefs globally are grappling with concerns over the integrity and reliability of nonfinancial data in corporate reporting, according to the 2024 EY Global Corporate Reporting Survey. A staggering 96% of finance ...
Key Takeaways: The Green Climate Fund (GCF) has approved financing proposals totaling $2.687 billion for three multi-country programs: Greening Financial Systems, the Smart Resilient Agriculture Investment Fund, and the Resilient Water Infrastructure Expansion Facility. These ...
ERM, the world’s largest specialist sustainability consultancy, has secured the highest scores across all categories in new research by independent analyst firm Verdantix. Why it matters: As businesses increasingly prioritize ESG and sustainability reporting, the ...
Key Takeaways: Intercontinental Exchange, Inc. and Dun & Bradstreet Holdings, Inc. have announced plans to launch a new climate risk data service targeting a broad universe of public and private companies worldwide. The offering aims ...