ESG Middle East
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 investment funds and accounts...
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 chain, Mercedes‑Benz firmly embeds...
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 sustainability and positions them...
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 factories on the company’s...
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 the electricity grid to...
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 initiative (SBTi), an international...
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 they have signed a...
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 for all companies advertising...
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 – the sting is...
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 firm, Jupiter Intelligence. JLL supports...
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 managers and investors with...
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 Energy Complex (PEC). PEC...
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 the electricity ecosystem to...
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 low-carbon buildings will start...
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 logistics with high quality...
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 Memorandum Of Understanding (“MOU”)...
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 disproves claims that hydropower...
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 energy to the state...
Oracle announced Oracle Cloud EPM for Sustainability, a new solution in Oracle Fusion Cloud Enterprise Performance Management (EPM) that helps organizations efficiently measure and effectively manage sustainability initiatives. The new solution will help...
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, clean electricity capacity, now...
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 its packaging to facilitate...
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,” said Economics and Climate...
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 to unlock over $20...
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 around £4bn. The selection...
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 the Secretary of State...
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 current Premier League Champions...
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 program. This ambitious initiative...
As the dust settles on last week’s final SEC Climate Disclosure Rule, commentary around the content of the final rule is getting increasingly pointed, and battle lines are being drawn....
A group of leading financial and philanthropic organizations released an investor report and toolkit highlighting climate resilience solutions as a key growth industry of the 21st century. “Investing in Climate Resilience” presents...
Shell Publishes Energy Transition Update Shell plc (Shell) published its first energy transition update since launching its Powering Progress strategy in 2021. Their Capital Markets Day in June 2023 outlined...
California has pledged to cut greenhouse gas emissions far beyond the record low seen during the pandemic, but new data shows this goal will prove challenging amid an emissions upswing...
As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced $750 million for 52 projects across 24 states to dramatically reduce the cost of clean...
2023 Non-Financial Report: further progress on sustainability “In 2023 we proved the strength of our Global Hausbank and its value for clients,” said Christian Sewing, Chief Executive Officer. “Business growth,...
Jet Zero Australia Pty Ltd (Jet Zero Australia) has achieved a significant milestone by successfully receiving funding commitments of A$29 million(1). This is a crucial step towards advancing the engineering activities of...
The Canadian Sustainability Standards Board (CSSB) is proud to announce the release of its first proposed Canadian Sustainability Disclosure Standards (CSDS), marking a significant milestone in advancing sustainability reporting in Canada. The proposed...
The Principles for Responsible Investment (PRI) has published its 2030 EU Policy Roadmap, outlining key recommendations for European policy makers to accelerate private investment in the economic transition. The report presents...
Today Apple welcomed key manufacturing partners Taiwan Semiconductor Manufacturing Company (TSMC) and Murata Manufacturing as new investors in the Restore Fund, which is designed to scale global investment in high-quality,...
TD Bank Group (TD or the Bank) provided updates on its sustainability strategy and continuing efforts to help its customers, communities and colleagues thrive in a changing world. “In the...
S&P Global published the sixth edition of its Look Forward research series, providing in-depth analysis of the major geopolitical, technological, financial and regulatory drivers that are shaping the direction and pace of the...
With new research revealing there are around 18 million* unused consoles stashed in cupboards and drawers across the UK, Virgin Media O2 is giving Brits a ‘power-up’ so they can...
Members of the bank-led, UN-convened Net-Zero Banking Alliance (NZBA) have chosen to update and reinforce their climate commitments by voting to adopt a new version of the Guidelines for Climate...
Blitz 21-823 AG (in future: Elbe BidCo AG, “BidCo”), a holding company controlled by investment funds, vehicles and accounts advised and managed by Kohlberg Kravis Roberts & Co. L.P. and...
CarbonCapture Inc. (CarbonCapture), a leading US-based direct air capture (DAC) company, today announced the successful completion of its $80 million Series A financing following the addition of multiple strategic investors that include...
1PointFive, a carbon capture, utilization and sequestration (CCUS) company, announced that AT&T has agreed to purchase carbon dioxide removal (CDR) credits from STRATOS, 1PointFive’s first large-scale Direct Air Capture (DAC)...
Landmark Strategy Will Build on New National Electric Vehicle Freight Corridors Designated by the Federal Highway Administration and Advance the President’s Clean Transportation Goal to Decarbonize the Freight Sector to...
Green Project Technologies, an accessible, audit-grade carbon accounting platform, is collaborating with Microsoft to bring a unique and powerful carbon accounting offering to Microsoft AppSource. Small and medium-sized businesses interested...
Unreasonable Impact, a strategic partnership between Unreasonable Group and Barclays, has announced the latest ventures to join its UK & Europe programme. This year’s ventures offer solutions ranging from food...
On Wednesday, Parliament adopted its proposals to better prevent and reduce waste from food and textiles across the EU. MEPs adopted their first reading position on the proposed revision of the Waste...
SHEIN is making waves in the denim world with a new approach that’s both eco-friendly and fashion-forward. Traditionally, denim production guzzles water for dyeing and achieving the sought-after “aged” look....
New IEA analysis shows that fully implementing existing pledges on methane would deliver the majority, but not all, of the emissions cuts needed this decade to align with 1.5 °C...
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