At COP29, CDP and EFRAG, a leading figure in developing European sustainability standards, announced the discovery of extensive interoperability between CDP’s questionnaire and the European Sustainability Reporting Standards (ESRS). This...
Parties gathered for the first day of the UN Climate Change Conference in Baku, Azerbaijan, marking an early milestone with a consensus on standards for creating carbon credits under Article...
Trafigura Group Pte Ltd, a global leader in commodities, and GenZero, a decarbonization-focused investment platform owned by Temasek, have committed over $100 million USD to expand the Brújula Verde landscape...
Greenhouse gas (GHG) emissions from Canadian oil sands production remained nearly flat in 2023, with an increase of less than 1%, despite a rise in total production, according to a...
The Asian Development Bank (ADB) is set to expand its climate-related lending by $7.2 billion, thanks to sovereign guarantees from the United States and Japan. This move, unprecedented in climate...
Energy Infrastructure Partners (EIP), a prominent investor in the energy transition sector, has announced an agreement to increase its stake in Plenitude, Eni’s integrated energy business that spans renewable energy...
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...
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...
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...
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%)...
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...
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...
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...
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...
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....
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....
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...
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...
National Geographic Society and PepsiCo unveiled a new global initiative, Food for Tomorrow, designed to accelerate the transition to regenerative agriculture and reframe how food systems are understood by policymakers,...
Sydney leads with new financing model for renewables Akaysha Energy has secured a A$300 million ($196 million) corporate debt facility to accelerate the rollout of large-scale battery energy storage systems...
Expanding Nature-Based Finance in the US Silvania, the global nature capital investment platform, has entered a strategic partnership with Alder Point Capital Management to accelerate sustainable investment in US timberland...
New Zealand Steps Into Utility-Scale Solar with Global Technology Partner Global solar tracker manufacturer GameChange Solar has entered the New Zealand market through a partnership with Bright Fern Energy on...
A Cross-Border First for Asia’s Energy Transition From ridgelines in southern Lao PDR, 133 turbines now send clean electricity across the border into Vietnam. The Monsoon Wind Power Project, which...
Rising Influence of Family Offices in ESG The latest survey from the Sustainable Finance Initiative (SFI) indicates a profound shift in global capital allocation, with 90% of family offices now...
Rome advances utility-scale renewables Enfinity Global has closed €316 million ($341 million) in financing to build eight utility-scale solar plants across Emilia Romagna, Basilicata, and Lazio. With a combined capacity...
A Strategic Bet on Hydrogen’s Next Phase Thyssenkrupp nucera has finalized the acquisition of core technology assets from the insolvent Danish company Green Hydrogen Systems (GHS), in a move designed...
Highlights Sphera, the Chicago-based sustainability and operational risk management software firm, has secured a new round of growth capital from Neuberger Berman Capital Solutions, adding a second major institutional backer...
Ghana and Singapore are strengthening their cooperation on sustainable development and agribusiness following bilateral talks in Singapore. The two countries confirmed they will deepen collaboration across carbon markets, modern agriculture,...
Diginex Limited and SGS have reaffirmed their strategic alliance to deliver technology-enabled sustainable finance solutions, extending a partnership first formed in 2022. The renewed collaboration aims to tackle rising demand...
Iberdrola España has begun commissioning its Ciudad Rodrigo photovoltaic plant, its second solar facility in Salamanca and one of the largest in Castilla y León. The 316 MW project, developed...
A new World Bank report warns that environmental decline is not only a climate crisis but also a major drag on economic growth. The study, Reboot Development: The Economics of...
TRIIBE is a nonprofit founded in 2024, is focused on helping established college-student-run nonprofit founders scale impact. TRIIBE has already formed a community rooted in resilience, compassion, and action. Most...
The Trump administration has canceled $679 million in federal funding for 12 offshore wind projects, a move that effectively derails several cornerstone initiatives launched under the Biden administration’s clean energy...
PepsiCo has released its 2024 ESG Summary, highlighting progress against its PepsiCo Positive (pep+) sustainability and nutrition strategy. Introduced in 2021, pep+ embeds sustainability across the company’s operations, guiding growth...
The Reserve Bank of India (RBI) has been advised to strengthen its climate risk framework by balancing global best practices with domestic realities, according to a new report by the...
Utrecht Leads with a Sharper Line on ESG UTRECHT – The Dutch pension fund PFZW has severed mandates worth roughly $34 billion with global managers BlackRock and Legal & General...
Copenhagen readies first EU-compliant sovereign green bonds Denmark is preparing to enter capital markets with what would be the world’s first sovereign bonds issued under the EU Green Bond Standard...