Over 72% of financial institutions plan to invest up to $500,000 in ESG (environmental, social, and governance) technology, according to a recent survey by BCT Digital. BCT Digital, a leader in FinTech, RegTech, and SustainTech ...
Market Dynamics Driving ESG Evolution Market forces, including shifting ESG regulations, U.S. anti-ESG sentiment, and increasing competition among ESG service providers, are reshaping asset managers and rating agencies’ ESG integration. BlackRock’s New Approach BlackRock, the ...
For more from Tim Mohin, sign up for his newsletter here An unprecedented political tsunami hit on Sunday when President Joe Biden dropped out of the presidential race. In just a few days, it seems all but certain ...
EFRAG released a report on the early implementation of the European Sustainability Reporting Standards (ESRS) among large EU companies. Supported by Boston Consulting Group (BCG), this study, titled ‘State of Play as of Q2 2024 ...
In a significant step towards sustainable transportation, Daimler Truck has initiated customer trials for their Mercedes-Benz GenH2 hydrogen fuel cell trucks. Five prototype trucks are being tested by Amazon, Air Products, Holcim, INEOS, and Wiedmann ...
Prime Minister Keir Starmer and Energy Secretary Ed Miliband announced a major partnership between Great British Energy and The Crown Estate, projected to drive up to £60 billion in private investment into the UK’s clean ...
Brazil has endorsed the UAE Declaration of Leaders on a Global Climate Finance Framework at a G20-COP28 event, strengthening its commitment to sustainable finance. This move, announced by Finance Minister Fernando Haddad in Rio de ...
Environmental, Social, and Governance (ESG) practices are crucial for today’s businesses, impacting risk management and value creation. ESG captures climate-related financial risks and opportunities within a company’s operations, moving beyond traditional marketing to drive serious ...
Cyan Renewables (“Cyan”), Asia’s leading offshore wind services platform, announced its acquisition of Australian offshore marine services provider MMA Offshore (“MMA”) (ASX) for A$1.1B (US$702M). This landmark deal makes Cyan the largest offshore wind energy ...
The Inter-American Development Bank (IDB), alongside Brazilian public banks BNDES, Banco do Brasil (BB), and Caixa Econômica Federal (CAIXA), announced plans to develop an exchange-traded fund (ETF) focused on sustainable investments in the Amazon rainforest. ...
On the eve of the Paris 2024 Olympic Games, the first Sport for Sustainable Development (Sport4SD) Summit gathered 500 leaders, including heads of state, government officials, and athletes, to accelerate sport’s role in achieving the ...
NGP has launched NGP Sustainable Real Assets, LLC, securing approximately $500 million from NGP’s Energy Transition IV fund and co-investors. NGP SRA focuses on developing clean energy assets, including power, fuels, carbon, transportation, and critical ...
The UK is taking a significant step toward sustainable air travel by introducing a mandate for sustainable aviation fuel (SAF). From January 1, 2025, the SAF mandate will require 2% of all UK jet fuel ...
Akila, a digital twin data platform, has formed a strategic alliance with Deloitte to deliver sustainable building management solutions to their U.S. customers. This partnership aims to reduce carbon emissions, optimize energy consumption, and enhance ...
The Jamaica Stock Exchange (JSE) has launched its comprehensive guidelines for green, blue, and sustainability bonds, aiming to enhance the market’s capacity to attract investments with positive environmental and social impacts. The guidelines, titled “Jamaica ...
The European Securities and Markets Authority (ESMA) has published an Opinion on enhancing the Sustainable Finance Regulatory Framework, highlighting potential long-term improvements. Current Framework ESMA recognizes the robust development of the EU Sustainable Finance Framework, ...
KPMG has been named a leader in the IDC MarketScape: Asia/Pacific Sustainability/ESG Program Management Services 2024 Vendor Assessment. Why it matters The report emphasizes KPMG’s robust suite of digital tools and software, which enhances service ...
Driving Climate Strategy: A Board’s Role Boards must take decisive actions to realize long-term value from climate strategies and boost stakeholder confidence. Climate Disclosures in Singapore Singapore mandates all listed issuers to make climate-related disclosures ...