Blackstone (NYSE: BX) has entered into a definitive agreement to acquire Trystar, a leading provider of electrical equipment for backup power solutions. Trystar specializes in critical electrical power solutions for...
Climeworks Deepens Collaboration with Zürcher Kantonalbank Climeworks, a global leader in direct air capture technology, has signed a multi-year contract with Zürcher Kantonalbank (ZKB) to remove 1,750 tons of CO₂....
Sustainable Fitch, a leading provider of ESG data and analysis, is set to integrate SESAMm’s advanced AI-powered text analysis into its ESG Scores and Ratings. This collaboration aims to deliver...
The Asian Development Bank (ADB) and the Committee for Environmental Protection of Tajikistan have launched an $8 billion Climate Finance Plan aimed at achieving the country’s Nationally Determined Contribution (NDC)...
Helen Newman has been appointed as Bidwells’ new Group Head of Sustainability. Previously with CBRE and Fabrix, Newman’s expertise in sustainable development, finance, and ESG strategies uniquely positions her to...
Despite pushback against Environmental, Social, and Governance (ESG) initiatives, US climate disclosure is gaining momentum through state-level and federal supplier requirements, even as the SEC’s climate rule faces delays. State-Level...
China has announced a comprehensive plan to cut carbon emissions in its coal power industry, emphasizing the use of innovative technologies such as green ammonia, biomass, and carbon capture, utilization,...
Key Impact Points: SBTN Launches Updated Target-Setting Guide for Corporate Sustainability In a significant move towards advancing corporate sustainability, the Science Based Targets Network (SBTN) has unveiled its latest suite...
Brazil’s Treasury and Securities and Exchange Commission (CVM) are set to launch an innovative investment fund consortium aimed at early-stage sustainable ventures. This new vehicle will function similarly to private...
HSBC’s New Green Initiative HSBC has unveiled HSBC Infrastructure Finance (HIF), a new unit aimed at tapping into climate-focused infrastructure and project finance opportunities. The unit will be headed by...
E.ON and MAN Truck & Bus are spearheading the expansion of electric truck charging infrastructure in Germany and Europe. Their partnership will establish around 170 locations with approximately 400 charging...
ESG Due Diligence Rising in Priority ESG due diligence is becoming a critical priority for Australian dealmakers, mirroring global trends. According to KPMG’s ESG due diligence study, 71% of investors...
In-Depth Analysis: ASIFMA’s ISSB Standards Report ASIFMA Asset Management Group (AAMG) has unveiled a comprehensive report on the adoption of International Sustainability Standards Board (ISSB) Standards across Asia. This first-of-its-kind...
From a modest beginning to a worldwide movement, Bower, the Swedish startup, has officially launched its groundbreaking recycling app across 170 countries. This milestone marks a significant step in addressing...
Switching to green steel could drastically cut the climate impact of car production with minimal cost implications, according to Transport & Environment (T&E). Their analysis highlights that using 40% green...
Dutch companies show strong confidence in CSRD readiness. According to PwC’s Global CSRD Survey 2024, 79% of Dutch businesses expect to comply with the new Corporate Sustainability Reporting Directive (CSRD)...
Strategic Collaboration for Sustainability IBM (NYSE) and JLL (NYSE) have unveiled a global sustainability solution, powered by IBM Envizi technology, to enhance ESG reporting and data management in the commercial...
Jaguar Land Rover (JLR) partners with global tyre manufacturer Pirelli to introduce FSC-certified natural rubber tyres across its luxury vehicle range. This industry-first initiative debuts on the new Range Rover...
Canada Growth Fund Inc. (CGF) has announced a strategic partnership with Strathcona Resources Ltd. to develop carbon capture and sequestration (CCS) infrastructure at Strathcona’s oil sands facilities in Saskatchewan and...
For more from Tim Mohin, sign up for his newsletter here Governor Gavin Newsom proposed amendments to California climate laws SB 253 and 261 that would postpone implementation by two years and give the...
The Carbon Trust has announced Michael Rea as its new CEO, succeeding Chris Stark, who will lead the UK government’s ‘Mission Control’ for clean power delivery by 2030. Strategic Vision:...
China’s Renewable Surge: China is solidifying its position as the global leader in renewable energy with 180 GW of solar and 159 GW of wind power currently under construction. This...
Vale, in collaboration with Komatsu and Cummins, has announced the development of Dual Fuel haul trucks, utilizing a mix of ethanol and diesel. This pioneering initiative aims to reduce direct...
The U.S. Plastics Pact announces the appointment of Jonathan Quinn as its new Chief Executive Officer (CEO), effective immediately. This leadership change marks a pivotal moment for the Pact as...
ClimeCo, a leader in global decarbonization and environmental solutions, has unveiled ClimeCo NatureLink, an innovative tool designed to enhance impact and clarity in the crowded ESG market. This new platform...
Amazon’s Sustainability Exchange, launched today, provides previously proprietary guidance to accelerate supply chain decarbonization. This initiative marks a significant step in Amazon’s journey to reach net-zero carbon by 2040. Why...
KPMG Launches Clear on Climate Reporting Hub for Corporate Transparency Climate change is driving increased scrutiny of financial reporting from stakeholders, including regulators, investors, and the public. They demand clarity...
Bain & Company announced today it has appointed Jean-Charles van den Branden as its Global Sustainability Practice Leader. Jean-Charles, who is based in Brussels, previously served as Bain’s EMEA Sustainability Practice Leader....
Schneider Electric, the global leader in digital transformation of energy management and automation, is proud to announce major enhancements to EcoStruxure™ Resource Advisor, a versatile enterprise software suite of solutions designed...
The International Energy Agency (IEA) has established a Global Commission on People-Centred Clean Energy Transitions to design and implement policies that create a fair and affordable energy system. This initiative...
The Rockefeller Foundation’s Zero Gap Fund released its 2023 annual report, showcasing its success in attracting private capital to advance the UN Sustainable Development Goals (SDGs). The Fund has mobilized...
Investment for Future-Ready Fashion SHEIN, the global online fashion giant, commits to a €250 million investment in the UK and EU over the next five years. This investment aims to...
The Asset Impact team at GRESB proudly introduces Transition Analytics, a cutting-edge tool for asset owners and managers to navigate transition risks and fulfill net zero commitments. This specialized product...
BlackRock Inc., the world’s largest asset manager, updated its decarbonization investment guidelines on July 2, allocating $150 billion for funds screened for energy transition risks and opportunities. Though based in...
Amazon’s Sustainability Milestones: Amazon’s annual Sustainability Report for 2023 highlights significant strides in their commitment to The Climate Pledge, detailing achievements in renewable energy, carbon footprint reduction, and sustainable practices....
Ciara McCarthy Joins Climate Impact Partners Sustainable agroforestry and natural climate solutions expert Ciara McCarthy, with over two decades of experience, has joined Climate Impact Partners as Head of Technical...
Growing the share of alternative proteins to half the global protein market could cut agricultural emissions by almost a third by 2050, reducing CO2 by 5 gigatons annually. This impact...
Key Statistics from the Report The London Stock Exchange Group’s report on “Investing in the Green Economy 2024” presents a comprehensive analysis of the growth, composition, and financial performance of...
The Science Based Targets initiative (SBTi) is inviting Financial Institutions (FIs) globally to participate in the pilot testing of the upcoming Financial Institutions Net-Zero (FINZ) Standard. This initiative offers a...
Temasek integrates an Environmental, Social, and Governance (ESG) framework throughout its investment processes, from pre-investment due diligence to post-investment engagement. This approach enables better management of material risks and advances...
Iberdrola, Europe’s leading electricity company, has successfully issued a 10-year green bond worth €750 million. This bond, with a coupon of 3.625%, saw demand exceed €4 billion from over 220...
Eesti Energia successfully issued its inaugural EUR 400 million green hybrid bond, listed on the London Stock Exchange. The raised funds will be invested in ongoing and planned green energy...
With comprehensive disclosure requirements now applying to tens of thousands of companies under the EU Corporate Sustainability Reporting Directive (CSRD), what does it mean for organizations that already use GRI...
Chris Stark Leads Mission Control to Deliver Clean Power by 2030 Energy Secretary Ed Miliband has appointed Chris Stark to lead the newly established Mission Control. This initiative is dedicated...
1PointFive, a leading company in carbon capture, utilization, and sequestration (CCUS), announced a groundbreaking agreement with Microsoft to sell 500,000 metric tons of carbon dioxide removal (CDR) credits over six...
Oxbury, Britain’s only fintech solely dedicated to farming, continues to lead the charge in sustainability with the release of its second annual Natural Capital Report. Launched in 2021, Oxbury’s mission...
Sirona Technologies, co-founded by a former Tesla engineer, has raised a €6 million seed round to tackle the ambitious goal of removing CO2 from the air on a massive scale....
Inditex’s Strategic Move Zara owner Inditex (ITX.MC) has acquired a stake in the U.S.-based sustainable agriculture startup Galy. This investment is part of Inditex’s broader strategy to support the sustainable...
The Canada Infrastructure Bank (CIB) has finalized a $100 million investment with GDI Integrated Facility Services Inc. (GDI) to fund comprehensive energy retrofits in aging buildings across Canada, significantly reducing...
The Asian Development Bank (ADB) has launched a climate finance program in Thailand, partnering with the Ministry of Natural Resources and Environment’s Department of Climate Change and Environment (DCCE). The...
Nuveen has secured approximately $200 million at the first close of its second global climate inclusion private equity strategy. This fund aims to tackle sustainable development challenges, including climate change...
ESG Reporting Intelligence (ESGRI) launches a free ESG health check, helping businesses globally prepare for mandatory ESG reporting. Small and medium enterprises (SMEs) often struggle with where to start their...
Boerse Stuttgart Group is expanding its market data offerings to include ESG data for cryptocurrencies, in response to the EU’s MiCA regulation. This regulation mandates crypto asset service providers to...
The SEC, in collaboration with CFA Institute and CFA Society Thailand, hosted a training seminar to advance the integration of ESG (Environmental, Social, and Governance) factors into securities analysis and...
A coalition of leading Canadian pension funds has submitted a letter to the Canadian Sustainability Standards Board (CSSB), urging it to reconsider proposed exemptions for sustainability reporting. This initiative underscores...
Mercedes-Benz Auto Finance Ltd. (MBAFC), part of the Mercedes-Benz Mobility group, has achieved a significant milestone by issuing its first Green Auto Loan Asset-Backed Security (ABS) in the Chinese Interbank...
Morningstar Strengthens ESG Leadership with Michelle Cameron Appointment Morningstar has appointed Michelle Cameron as the new Commercial Leader for Sustainalytics, its ESG research and ratings arm. Cameron brings nearly two...
Investors in the UK are prioritizing sustainability and ESG considerations more than ever in their investment processes, according to KPMG’s 2024 Global ESG Due Diligence Report. This shift has significantly...
The European Investment Bank’s (EIB) sixth Climate Survey reveals that Europeans over the age of 30 have a significantly better understanding of climate change compared to their younger counterparts. This...
Schroders released its inaugural Impact Report, highlighting its dedication to impact investing and its commitment to delivering positive societal and environmental outcomes for clients. Key Developments: Impact Framework and Achievements:...
S&P Global Commodity Insights has launched the world’s first daily spot market recycled lithium carbonate price assessments. This pioneering move caters to the growing demand for pricing transparency in the...
For more from Tim Mohin, sign up for his newsletter here For 40 years, the “Chevron deference” doctrine has meant that US courts defer to federal agencies’ “reasonable” interpretations in the...
American Airlines announced that it has entered into a conditional purchase agreement with clean aviation innovator ZeroAvia for 100 hydrogen-electric engines intended to power regional jet aircraft with zero inflight emissions save for...
Germany and Morocco have established a new climate and energy alliance to collaborate on climate protection and energy transition. This alliance, marked by the signing of a declaration in Berlin,...
Freddie Mac’s refreshed ESG priorities aim to bolster the long-term health of the U.S. housing finance system while addressing evolving sustainability-related risks and opportunities. “Our mission is to Make Home...
ESG Book, a global leader in sustainability data and technology, has appointed Justin Fitzpatrick as CEO. Fitzpatrick will spearhead ESG Book’s growth and market differentiation through advanced sustainability solutions. Driving...
Hamerkop and the International Biochar Initiative released “A Manual for Biochar Carbon Removal,” a comprehensive guide for biochar producers and investors. It compares certification standards, offers practical project design guidance,...
The Vatican is set to join an elite group of nations generating all their electricity from renewable sources, following Pope Francis’s announcement of a new solar power project. This initiative...
BlackRock’s New ESG Tilted ETF BlackRock has introduced the iShares Global Real Estate Environmental Tilt UCITS ETF, a pioneering exchange-traded fund (ETF) designed to integrate environmental, social, and governance (ESG)...
Marks & Spencer (M&S) has unveiled a new clothing repair service in partnership with SOJO, supported by the £1m Plan A Accelerator Fund. This initiative is designed to reduce textile...
A new report by Schneider Electric and the Institute of Singapore Chartered Accountants (ISCA) reveals a critical issue: 94% of Singapore companies are not fully measuring and analyzing Scope 3...
EU Imposes Provisional Duties on Chinese BEVs The European Commission has imposed provisional countervailing duties on battery electric vehicle (BEV) imports from China, nine months after initiating an anti-subsidy investigation....
General Motors (GM) has agreed to retire approximately 50 million metric tons of greenhouse gas credits to address excess CO2 emissions identified through the EPA’s light-duty vehicle in-use testing program....
LEGO’s Net-Zero Drive: Suppliers in the Spotlight The LEGO Group has launched a new Supplier Sustainability Programme, crucial for cutting carbon emissions in its supply chain. Recognizing that over 99%...
The IFRS Foundation and EFRAG have published guidance material to illustrate the high level of alignment achieved between the International Sustainability Standards Board’s IFRS Sustainability Disclosure Standards (ISSB Standards) and...
Zurich Insurance Group and Aon have launched an innovative clean energy insurance facility, offering global coverage for blue and green hydrogen projects with capital expenditures up to USD 250 million....
Google and ENGIE have deepened their collaboration with five new Corporate Power Purchase Agreements (cPPAs), providing Google’s digital infrastructure in Belgium with over 118 MW of renewable power. Google’s Green...
Lidl, one of the largest retailers, and WWF, a leading conservation organization, have announced a five-year international partnership active in 31 countries. This strategic alliance will enhance Lidl’s value chain,...
Equans, has announced a partnership with innovative climate technology analytics company, Climate X, to help organisations across the built environment become more resilient to the impacts of climate change. Buildings...
Dr Luiz Amaral will step down from his role as CEO for personal reasons. Susan Jenny Ehr, currently Chief Legal Officer, will step in as interim CEO, with dedicated support...
AEW Europe, one of the world’s leading real estate investment and asset managers, announces that it will be one of the first asset managers to adopt the new ‘Sustainability Impact’...
China has launched its first technical centre dedicated to sustainable aviation fuel (SAF) in Chengdu, marking a significant step towards greener aviation practices. The Civil Aviation Authority of China (CAAC)...
Harnessing AI for Environmental Impact Google’s 2024 Environmental Report highlights the company’s strategic use of AI to drive environmental change and operate sustainably. By leveraging technology, Google aims to address...
Leadership Appointments ING Financial Services LLC announced pivotal leadership changes. Cindy Jia is now head of Sustainable Finance for the Americas. Based in New York, she reports to Matt Rosetti,...
The EU’s clean electricity generation is hitting new highs. In the first half of 2024, renewables comprised over 50% of all power generation in Europe, with nuclear maintaining a stable...
Key Impact Points: The European Commission has approved a €3 billion Swedish scheme to support carbon capture and storage (CCS) aimed at reducing biogenic CO2 emissions. This initiative aligns with...
In 2024, the carbon and emissions technology sector has demonstrated remarkable resilience and growth, securing a significant $17.7 billion in venture capital (VC) investments. This comprehensive industry overview, created by...
New Zealand Secures Landmark Trade Deal New Zealand has finalized a pioneering trade deal with Costa Rica, Iceland, and Switzerland, aiming to remove tariffs on hundreds of sustainable and eco-friendly...
As companies worldwide strive to meet sustainability goals, the urgency to adapt to evolving regulatory landscapes is paramount. New environmental, social, and governance (ESG) reporting requirements, including the EU’s Corporate...
Envoria, a leading provider of ESG solutions, is proud to announce its collaboration with Vodafone Business. With the launch of the new Vodafone Business ESG Navigator, powered by Envoria’s robust...
In recent years, leaders in climate-vulnerable countries have reinforced the call for urgent climate action: earlier this year through the Bridgetown Initiative 3.0 and the Vulnerable 20 (V20) Ministerial Dialogue...
ISO is developing its first international standard on net zero to provide clarity and robust requirements for the global net zero transition. Expected to launch at COP30 in November 2025,...
Bloomberg has launched new tools for investors to measure, manage, and report on the sustainability characteristics of their portfolios. These tools are available in Bloomberg’s portfolio and risk analytics solutions,...
The seminar on “Green Fintech: Catalyst for Scaling Sustainable Finance”, which focused on green finance technology, was one of the key events of Hong Kong Green Week held by the...
The New Terminal One at John F. Kennedy International Airport has successfully concluded a historic $2.55 billion Green Bond issuance, the largest ever municipal bond financing for an airport project....
Moody’s Corporation and MSCI Inc. have formed a strategic partnership to enhance transparency and deliver robust, data-driven risk solutions. By integrating MSCI’s ESG ratings and leveraging Moody’s Orbis database, this...
Google is taking a significant step towards its net-zero emissions goal with a new partnership with BlackRock’s Climate Infrastructure business. This collaboration aims to develop a 1 gigawatt (GW) solar...