ESG Middle East

Listen to this story: SSAB’s Board of Directors have taken the decision to proceed with the next step in SSABs transition, building a state-of-the-art fossil-free mini-mill in Luleå, Sweden. When...

Listen to this story: In the streets of some of the world’s fastest-growing cities, a powerful shift is underway. As the sun rises, the familiar sounds of car horns and...

Listen to this story: JERA Co., Inc (“JERA”) recently signed a Joint Study Agreement (“JSA”) with Petroliam Nasional Berhad (PETRONAS), through its subsidiary – PETRONAS CCS Solutions Sdn. Bhd. (“PCCSS”),...

Listen to this story: Octopus Energy today launches the UK’s first heat pump and solar referral scheme to further drive the rollout of clean heating devices and help deliver net...

Listen to this story: Investment round led by Mercuria Energy Group with participation from Ridgewood Infrastructure and supported by existing investors MN8 Energy LLC (“MN8” or “The Company”), one of the...

Listen to this story: Tokyo-based banking group Mitsubishi UFJ Financial Group (MUFG) unveiled a significant commitment to sustainability. The company announced a nearly threefold increase in its 2030 sustainable finance...

Listen to this story: In a decisive move, the Metropolitan Transportation Authority (MTA) Board, acting as the Triborough Bridge and Tunnel Authority board, established toll rates for New York City’s...

Listen to this story: Provisional data shows UK territorial greenhouse gas emissions fell further across several key sectors between 2022 and 2023. The UK continues to lead the way in...

Listen to this story: Due to the demands of her role as Assistant Secretary-General of the United Nations and Deputy Executive Director of the United Nations Environment Program (UNEP), the...

Listen to this story: The U.S. Department of Energy (DOE), the U.S. Department of Treasury, and the Internal Revenue ServiceGreenhouse (IRS) announced $4 billion in tax credits for over 100...

Listen to this story: In the comprehensive report titled “Citi’s Approach to Climate Change and Net Zero” released on March 28, 2024, by Citi under the stewardship of Chief Executive...

Listen to this story: New research from Material Focus has identified that as the demand for electrical items soars amongst consumers, more of these items are either being held onto...

Listen to this story: A majority (70%) of European companies align less than 25% of their capital expenditures (CapEx) toward transitioning towards a net-zero economy, new analysis by CDP and...

Listen to this story: Leeward Renewable Energy, a leading renewable energy company, today announced that it has entered into two 200-megawatt (MW) Power Purchase Agreements (PPA) with Microsoft Corp. Through...

Listen to this story: Welcome back to the ESG News Week In Review! We’re thrilled to have you with us again. Get ready for another week of staying ahead with...

Listen to this story: Tesco, the UK’s leading supermarket and NatWest, the largest UK bank for business and one of the largest for the farming sector, have launched a new...

Listen to this story: Households across all continents wasted over 1 billion meals a day in 2022, while 783 million people were affected by hunger and a third of humanity...

Listen to this story: The dedicated team behind Brent Floating Farms is working hard to combat devastating environmental damage caused by current agricultural methods, as well as the vast myriad...

Listen to this story: Persefoni Pro, a free, enterprise-grade tool, enables businesses to create accurate carbon footprints for internal and external stakeholders Persefoni, a leading Climate Management & Accounting Platform...

Listen to this story: Nestlé and The Global FoodBanking Network (GFN) signed a Memorandum of Understanding (MOU) to solidify their collaboration in fighting hunger. “We tackle food insecurity by helping...

Listen to this story: Antofagasta plc (the “Company”) announces that the Board of Directors (Board) has approved updated greenhouse gas emissions targets, with the Company having successfully met the Company’s...

Listen to this story: The Sustainability Plan of Petróleos Mexicanos (PEMEX) was authorized by its Board of Directors, through Agreement CA-010-2024, which is aligned with the strategic objective of the...

Listen to this story: TenneT Holding B.V. successfully priced a dual Tranche Green Hybrid Bond of EUR 550 million with a coupon of 4.625% and a non-call period of 5.25...

Listen to this story: Australia is igniting a clean energy revolution, determined to become a global leader in the renewable energy sector. This ambitious transition promises a brighter future, not...

Listen to this story: Suniva and Heliene Announce Strategic Sourcing Contract to Produce First U.S. Domestic Content-Eligible Crystalline Silicon PV Modules  Suniva, Inc., the largest and oldest U.S. manufacturer of high-efficiency monocrystalline silicon solar...

Listen to this story: The Netherlands’ five largest pension funds, representing a combined €900 billion ($975 billion) in assets, are offering to invest significant capital and expertise to expedite the...

Listen to this story: SLB Announces Agreement to Acquire Majority Ownership in Aker Carbon Capture SLB and Aker Carbon Capture will combine technology portfolios, expertise and operations platforms to bring...

Listen to this story: New guidance published on production of hydrogen from water using electrolysis The Environment Agency has published guidance on emerging techniques for the production of hydrogen from water using electrolysis....

Listen to this story: Congressman Greg Murphy, M.D. introduced the Safeguarding Investment Options for Retirement Act, legislation to prohibit tax-advantaged retirement plan trustees from considering factors other than financial risk...

Listen to this story: BlackRock, the world’s largest asset manager, is under fire again for its environmental, social and governance (ESG) investment strategies. This time, Mississippi Secretary of State Michael...

Listen to this story: As part of the plans to lower the climate footprint from the investments, Industriens Pension is now introducing a new climate-related benchmark, which partly sets the...

Listen to this story: In 2023, 96 percent of power consumption at BBVA Group facilities came from renewable sources, well above the 70 percent target set for 2025. In Spain,...

Listen to this story: In a landmark move, the French and Brazilian presidents announced a $1.1 billion initiative aimed at preserving the Amazon rainforest, signaling a renewed partnership between France...

Listen to this story: Walmart recently announced significant progress in its energy transformation strategy. This initiative aims to expand access to clean energy, create positive economic and environmental outcomes, and...

Listen to this story: Climeworks, global leader in carbon removal via direct air capture, and the LEGO Group, one of the world’s leading manufacturers of play materials, entered a 9-year...

Listen to this story: British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, and Idemitsu Kosan (IKC), one of Japan’s leading energy companies, today announced a joint investment...

Listen to this story: These senior hires will help Verdane continue to deploy thematically behind two structural growth trends, digitalisation and decarbonisation. 2024 is set to bring a greater focus...

Listen to this story: The fate of the European Union’s ambitious Nature Restoration Law (NRL) is in jeopardy after several member states reversed their initial support for the legislation. The...

Listen to this story: Nature Action 100, the first global investor engagement initiative to address the urgent crisis of nature and biodiversity loss around the world, has published a new...

Listen to this story: President Bola Ahmed Tinubu has affirmed Nigeria’s commitment to diligently implement world-leading sustainability reporting standards aimed at unlocking capital investments, transforming business models, and safeguarding the...

Listen to this story: The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, launched a consultation on Draft Regulatory Technical Standards (RTS) related to the registration and...

Listen to this story: British International Investment (BII), the UK’s Development Finance Institution (DFI) and impact investor, today announced a US$ 100 million finance facility with the Eastern and Southern...

Listen to this story: Global utility companies, generally perceived as some of the worst offenders when it comes to climate transition and meeting future net zero carbon emissions, are actually...

Listen to this story: The Next 150, has signed a 6-year purchase agreement with Microsoft to supply 95,000 tons of high-quality Carbon Dioxide Removal (CDR) credits produced by its General...

Listen to this story: The Republic of Iceland issued a green bond in the amount of 750 million euros, the equivalent of ISK 111 bn. The bond bears a 3.5%...

Listen to this story: South Korea has pledged a significant financial commitment to tackling climate change, announcing a $313 billion green financing plan. This initiative aims to slash greenhouse gas...

Listen to this story: Mitsubishi Corporation has entered into an MOU with other large international companies to sponsor the creation of a global coalition, the e-NG Coalition, which is exclusively...

Listen to this story: Rising temperatures could drive food inflation up by 3.2 percentage points and overall inflation by 1.18 percentage points annually by 2035, according to a new study...

Listen to this story: The recent explosion of climate-focused investment vehicles has sparked a crucial question: how impactful are these funds in driving the transition towards a sustainable future? A...

Listen to this story: President Biden’s Investing in America Agenda Provides the Single Largest Industrial Decarbonization Investment in the Nation’s History, Driving $20+ Billion in Total Investment to Revitalize Manufacturing...

Listen to this story: Welcome to the ESG News Week In Review! Stay ahead with our curated roundup of the week’s top headlines covering ESG around the globe. Dive into...

Listen to this story: Europe continued its leadership in sustainability policy with the approval of the Corporate Sustainability Due Diligence Directive (CS3D) late last week. The new policy requires companies...

Listen to this story: BNP Paribas Asset Management announces the launch of the BNP Paribas Global Net Zero Transition Equity fund, a Luxembourg-domiciled equity fund offering investors exposure to a...

Listen to this story: TP ICAP, a world-leading provider of market infrastructure, announced the acquisition of Aotearoa Energy, a New Zealand-based gas, power, and carbon brokerage firm. The acquisition is...

Listen to this story: A recent study published in Nature highlights Google Research’s groundbreaking work in utilizing AI for accurate river flood prediction. This translates to up to 7 days’...

Listen to this story: As part of its commitment to reach net zero emissions by 2050, Nestlé has launched two new projects, developed with suppliers Cargill and ETG | Beyond...

Listen to this story: The world’s climate goals hinge on accelerating policy and innovation to deploy low-carbon cement technologies in key regions. Cement: Crucial but Carbon-Heavy Cement, a cornerstone of...

Listen to this story: Barclays and Lightsource bp announced that they have committed to a $140 million tax equity deal which will finance the construction of the Prairie Ronde 180MWdc...

Listen to this story: Billups, a global Out-of-Home (OOH) managed services agency helping advertisers and agencies strengthen media performance through a patented analytics and measurement platform, has chosen Cedara, the Carbon...

Listen to this story: Carbon markets hold immense potential to propel corporate climate action, but significant adaptations are necessary to unlock their full potential. Businesses play a pivotal role in...

Listen to this story: As the UK gears up for the introduction of its Carbon Border Adjustment Mechanism (CBAM) in January 2027, this landmark policy is poised to redefine the...

Listen to this story: The U.S. Environmental Protection Agency announced final national pollution standards for passenger cars, light-duty trucks, and medium-duty vehicles for model years 2027 through 2032 and beyond....

Listen to this story: Furthering its environmental promise, Starbucks verifies 6,000 Greener Stores in more than 40 markets globally  Company awards six new Greener Stores of the Year across international...

Listen to this story: “The electrification of energy is unstoppable and will expand exponentially in the years ahead, supporting decarbonisation, boosting energy security, and reducing the volatility caused by fossil...

Listen to this story: The Texas Permanent School Fund (PSF), a financial cornerstone for the state’s public schools, is severing its relationship with investment giant BlackRock in a contentious dispute...

Listen to this story: New indexes draw on the strengths of Morningstar’s Sustainalytics & Indexes businesses to deliver diversified, broad exposure to companies leading their sector peers in their readiness...

Listen to this story: EDP Renewables North America and Volt Energy Utility,  announced a partnership today launching the development of Hickory Solar Park (Hickory), a 110 MWac photovoltaic (PV) project located near Jerseyville, Illinois....

Listen to this story: Transaction Marks First U.S. Investment from KKR’s Global Climate Strategy KKR, a leading global investment firm, announced the signing of a definitive agreement pursuant to which...

Listen to this story: At its third annual ESG Conference, Mercedes-Benz demonstrates commitment to achieving ambitious and measurable goals. Driven by tomorrow and a clear focus on the entire value...

Listen to this story: Lombard Odier Investment Managers (LOIM) has appointed Mona Shah, a recognized leader in sustainable investing, as Senior Sustainability Strategist. This strategic move strengthens LOIM’s commitment to...

Listen to this story: Accompanied by construction crews on Oct. 12, 2023, Intel CEO Pat Gelsinger tours the company’s two new fabrication plants being built in Chandler, Arizona. The new...

Listen to this story: ESO publishes investment plan for future energy system: The Electricity System Operator (ESO) has published a report called “Beyond 2030”, which proposes a £58 billion investment in...

Listen to this story: The SBTi has released an updated guidance for land vehicles, including a new method for automakers to set 1.5°C emissions reduction targets. The Science Based Targets...

Listen to this story: Schneider Electric, the leader in the digital transformation of energy management and automation, and Hy Stor Energy, a company pioneering carbon-free renewable hydrogen production and long-duration storage at scale, announced...

Listen to this story: The District Court of Amsterdam has found KLM’s greenwashing in its advertising illegal, setting a major legal precedent with ramifications across the international aviation sector and...

Listen to this story: Climate change has arrived, with severe impacts emerging at lower temperatures than expected. The distribution has shifted – historic tail risks are now expected. ‘Climate Scorpion...

Listen to this story: The new collaboration adds physical climate risk modelling to JLL’s end-to-end real estate Decarbonization Strategy JLL announced a strategic agreement with global climate risk analytics technology...

Listen to this story: GRESB, the global sustainability benchmark for real assets, proudly announces the forthcoming launch of REAL Solutions, a dynamic suite of tools designed to empower real assets...

Listen to this story: New ASEAN Energy (NAE) and ACTUAL have formed an agreement, leveraging ACTUAL’s AI-driven capital planning technology to develop a comprehensive net-zero emissions strategy for The Pengerang...

Listen to this story: The companies will work to address barriers to early-stage commercial project deployment. Google LLC, Microsoft Corporation, and Nucor Corporation today announced they will work together across...

Listen to this story: Key findings The impacts of carbon commitments will materialize in lease markets in the next 12 to 24 months, creating a tipping point where investments in...

Listen to this story: Through the agreement, the two organizations have agreed to co-invest in Sustainable Aviation Fuel (“SAF”), allowing Standard Chartered to balance CO₂ emissions linked to its upstream...

Listen to this story: JX Nippon Oil & Gas Exploration Corporation (“JX”; President & CEO: Toshiya Nakahara) and Chevron New Energies, a division of Chevron U.S.A. Inc., have signed a...

Listen to this story: Report Reveals Snake River Dams Annually Spew 1.8M Metric Tons of Carbon Emissions New science on the four Lower Snake River dams is in and it...

Listen to this story: Google Announces Sustainability Efforts in Arizona Google is committed to building a more sustainable future in Arizona. Their efforts focus on two main areas: bringing clean...

Listen to this story: RWE has taken a major step towards the realisation of its first solar farms in the UK, with seven projects, representing 330 megawatts (MW) of new,...

Listen to this story: Nestlé’s vision is that none of its packaging ends up in landfills or as litter. On Global Recycling Day, the company highlights how it is improving...

Listen to this story: The Federal Government believes that Germany’s climate targets for 2030 are achievable. “Providing we stay on course, we are set to achieve our 2030 climate targets,”...

Listen to this story: Gold Standard has launched step-by-step guidance to support companies to take responsibility for their greenhouse gas emissions while reducing their climate impact. The approach outlined has the potential...

Listen to this story: Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP) have selected contractors for engineering, procurement, and construction contracts with a combined value of...

Listen to this story: Lloyds Banking Group has announced a strategic partnership with Projects for Nature to upgrade the protection and restoration of England’s natural environment. Projects for Nature, launched by...

Listen to this story: Manchester City has announced plans to make its training facility, the City Football Academy, one of the largest producers of renewable energy in world football. The...

Listen to this story: In a significant stride towards combating climate change, Google unveiled a $35 million commitment to match the U.S. Department of Energy’s (DOE) Carbon Dioxide Removal Purchase...