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Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental (NYSE: OXY), and TAE Technologies, a global leader in fusion energy development, announced they have signed a memorandum of understanding to...
Key Impact Points: The KPMG 2023 CEO Outlook highlights the growing importance of sustainability in business. More than two-thirds of global CEOs have fully integrated ESG (Environmental, Social, and Governance)...
Koninklijke KPN N.V. (“KPN”) announces its intention to issue a Green € 500m perpetual non-call 5.25 year subordinated bond to finance projects that support KPN’s sustainability ambitions and have a...
PATRIZIA, a leading partner for global real assets, has re-positioned its ESG team to further strengthen its commitment to sustainability and impact investing. Mads Rude will continue to lead PATRIZIA...
Key Impact Points: CPP Investments, managing C$632.3bn for 22 million Canadians, has announced the appointment of three new regional heads to bolster its Sustainable Energies team. New Regional Heads Ricardo...
Freddie Mac released its 2023 Green MBS Impact Report showing the company issued $1.85 billion of Single-Family Green Mortgage-Backed Securities (MBS) for the year. The report highlights the estimated impact of the Single-Family...
Upgrade to corporate governance methodology and strengthening of three material ESG risk measures for Sustainalytics flagship product began May 30 and represents the most significant updates since industry-leading ratings were...
The Bank for International Settlements (BIS) and the Monetary Authority of Singapore (MAS) have developed a blueprint for a platform that integrates regulatory and climate data to help financial authorities...
ERM, the world’s largest specialist sustainability consultancy, has announced the signing of a deal to acquire Energetics, Australia’s leading climate risk and energy transition consultancy. The acquisition will enhance ERM’s...
Public comment on revised GRI Standards for employment practices and working conditions How are organizations responding to their responsibilities to ensure decent working conditions and fully disclose their impacts on...
Key Impact Points: Indonesia’s Pertamina Patra Niaga has taken a significant step in its sustainability journey by issuing its first spot purchase tender for Sustainable Aviation Fuel (SAF). The tender...
BBVA will issue a total amount of $50 million and the resources will be used to finance projects focusing on reforestation, the regeneration of natural forests on degraded land, mangrove...
Key Impact Points: EY Luxembourg has appointed Raphael Betti as the new leader of its Climate Change and Sustainability Services. Betti’s extensive experience in climate strategy and sustainability consulting is...
U.S. Plastics Pact Launches Roadmap Transforming Packaging and Supply Chains Across Industries New Plan Outlines Ambitious Targets toward eliminating Plastic Packaging Waste and Transitioning to a Circular Economy The U.S....
This partnership will mobilize investments through innovative financing solutions to scale up private sector-led clean energy generation and distribution in Nigeria. RMI, founded as Rocky Mountain Institute, and the Nigeria...
Accelerates alternative fiber strategies with new ambition to be 100% Natural Forest Free across product portfolio beyond 2030 Appoints Lisa Morden as Chief Sustainability Officer Kimberly-Clark published its annual sustainability report, including an...
Key Impact Points: Google has taken a significant step toward environmental sustainability by open-sourcing its Plastic-Free Packaging Design Guide. This initiative is part of Google’s broader commitment to reducing plastic...
The Rainforest Alliance, an international non-profit organization dedicated to protecting nature and improving rural livelihoods, and Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing, announce a strategic partnership....
Key Impact Points: • Nippon Life’s framework supports high-emitting industries’ transition to decarbonization.• Emphasizes alignment with Paris Agreement’s 1.5°C target.• Framework ensures transparency and accountability in transition finance. Nippon Life...
Key Impact Points: • New appointments enhance the Committee’s capacity for consistent IFRS application.• Diverse expertise and experience brought by new members.• Strengthened guidance and interpretation of accounting standards. Committee...
Key Impact Points: • EVN’s progress in integrating renewable energy sources.• Continued reliance on coal to ensure stable electricity supply.• Challenges in balancing energy transition with growing demand. Operational Highlights:Vietnam...
The Texas General Land Office (GLO) has announced a request for proposals (RFP) to lease 1.1 million acres of state-owned offshore areas for carbon sequestration projects. This initiative is a...
ESG Analytics is an alternative data provider owned and operated by ExtractAlpha, a Hong Kong-based data company. ESG Analytics creates and tracks non-traditional sources to measure how companies, countries and investment...
The Rockefeller Foundation announced the creation of a new Climate Advisory Council to help advance people-centered climate solutions that both reduce emissions and enhance opportunities for communities most vulnerable to the effects...
Agreements with China Development Bank and Asian Infrastructure Investment Bank aim at financing infrastructure and industry in Brazil The Vice President and Minister of Development, Industry, Trade, and Services (MDIC),...
Climate stewardship is a core pillar of KeyBank’s corporate responsibility strategy. The organization has taken deliberate actions to build a sustainable business model that manage risks, capitalizes on opportunities, and...
The Integrity Council for the Voluntary Carbon Market (ICVCM) has introduced the first high-integrity carbon credits labeled under the Core Carbon Principles (CCP). This announcement marks a significant advancement in...
CCH Tagetik ESG & Sustainability for Carbon Emissions enables advanced data management of Scope 1, 2 and 3 emissions Wolters Kluwer, a global leader in information, software, and services for...
Schroders is proud to officially unveil its extensive solar farm installation at its Horsham campus, marking a significant milestone in the Group’s sustainability journey. The farm encompasses 2,606 solar panels...
A recent study conducted by Eunomia Research and Consulting and Reloop has revealed a significant discrepancy in Spain’s reported versus actual collection rates for plastic beverage bottles up to three...
This week, Mexico elected its first female president and the world’s first national leader, who is also a climate scientist. Claudia Sheinbaum has a PhD in energy engineering and was part of...
Universal Music Group (UMG), the world’s leading music entertainment company, announced the formation of the UMG Global Impact Team that will enact and amplify the company’s vision for positive change...
The US and Europe are expected to see slowing electric vehicle (EV) demand and sales in the near-term while China is set to experience steady growth, according to the latest...
This festival season, Decathlon is launching a new initiative aimed at reducing waste and promoting sustainable festival experiences. The “No Tent Left Behind” campaign features the full range of Quechua...
Two Utility-Scale Projects at Idaho National Lab Will Help Spur Clean Electricity Generation on DOE-Owned Land, Ensuring the Federal Government is Leading by Example in the Effort to Reach the...
As communities across the planet celebrated World Environment Day on 5 June, we are taking you back to the 1950s when broadcaster extraordinaire Sir David Attenborough went from zoologist to climate activist,...
Pioneering technology company becomes first data provider to offer full suite of transparent and off-the-shelf risk scores for due diligence as businesses prepare for regulation RepRisk, a global technology company...
The UN World Oceans Day Photo Competition celebrates the best in underwater photography across various categories. Winning Photos Per Category & Corresponding Captions Can be Viewed Here. Here are the...
Five First Place Winners Selected from Thousands of Global Photo Submissions Surrounding the Celebration’s 2024 Theme “Awaken New Depths” The winners of the eleventh annual Photo Competition for United Nations...
The knowledge on the ocean’s dire state is clear. Still, we’re not listening. To motivate widespread momentum for the ocean, we need to awaken new depths. UN World Oceans Day 2024...
The President of the United Nations General Assembly, H.E. Mr. Dennis Francis, Model Meadow Walker, Oceanographer Sylvia Earle, Recording Artist Louis Cato, Actress Bailey Bass, Scientist Johan Rockström, Fashion Editor...
Key Impact Points: Today, June 6, USAID Administrator Samantha Power announced the launch of the CIRCLE Alliance, a groundbreaking public-private collaboration between USAID, Unilever, and EY. This initiative is designed...
SkyNRG, a leading company in Sustainable Aviation Fuel (SAF), is launching Project Runway. This groundbreaking initiative brings together airlines and corporates to provide easy access to SAF. SkyNRG, a leading...
In a bid to enhance supply chain transparency and sustainability, Indonesia will launch a digital dashboard by August to monitor key agricultural commodities such as palm oil, coffee, and rubber....
More Than 75% of U.S. Companies Cite Climate Change as a Material Risk, According to Diligent New research reveals a record number of companies are identifying climate change as a...
Air Liquide will build a new industrial gas production facility in the United States to supply the new fab of one of the world’s leading semiconductor manufacturers. In the framework of...
The governing board of the Climate Investment Funds (CIF), the pioneering multilateral climate fund delivering low-cost finance to over 70 developing countries, endorsed a new investment plan presented by the Government...
Climeworks is future-proofing its technology for scaling globally to gigaton carbon removals by using the latest research and development findings in its filter materials and plant design. At its annual...
Rio Tinto will invest US$143 million (A$215 million) to develop a research and development facility in Western Australia to further assess the effectiveness of its low-carbon ironmaking process, BioIronTM, to...
The 2024 State of Carbon Dioxide Removal report finds that around 7–9 billion tonnes of CO2 per year will need to be removed by mid-century from the atmosphere if the...
Anne Windberg Baarup took over the management of the sustainability department for Continental’s group sector ContiTech on June 1, 2024. She is now responsible for the strategic direction and global management...
The European Commission has approved, under EU State aid rules, an Italian scheme to support a total of 4590 MW of new capacity for electricity production from renewable energy sources....
The Council of Experts on Climate Change presented a special report commissioned by the German Federal Government to review the 2024 projection data describing the future development of German greenhouse...
Key Impact Points: China has unveiled the world’s largest solar farm in Xinjiang, marking a groundbreaking advancement in renewable energy. The new solar complex, covering an area comparable to New...
The European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) published their Final Reports on Greenwashing in the financial sector. Key Impact Points: The European Supervisory Authorities (EBA, EIOPA,...
The Galapagos Islands, renowned worldwide for their unparalleled biodiversity and unique ecosystems, face mounting environmental and human-induced threats. In response to these pressing challenges, the Charles Darwin Foundation (“CDF”) and...
Key Impact Points: Sumitomo Corporation has updated its material issues and policies to align with its goals for sustainable growth and addressing social challenges, particularly climate change. These updates reflect...
Key Impact Points: China has announced plans to establish a comprehensive carbon footprint management system by 2027. This ambitious initiative aims to track and reduce carbon emissions across various industries,...
Key Impact Points: Climate change is an urgent issue impacting the global economy and human societies through extreme weather events and their economic repercussions. Deloitte’s ESG Preparedness Survey highlights the...
The Project Phase 1, which targets to replant Portulacaria afra thicket across 10,000 hectares, is being funded under a syndicated senior secured stream agreement, led by Mirova, an affiliate of Natixis Investment...
New disclosure platform unveiled to unlock faster action, harmonize global standards and make disclosure more efficient In a move set to kickstart a new era of more efficient disclosure and...
A new report published today by the City of London Corporation and Climate Policy Initiative (CPI) has revealed that tracked UK financial institutions have almost tripled their investment into clean-energy...
Key Impact Points: Amazon, Google, Microsoft, Nucor, and Duke Energy have joined forces to accelerate carbon-free energy generation through innovative tariff agreements. These agreements, known as Accelerating Clean Energy (ACE)...
UBS Global Wealth Management (GWM) launched the engagement fund in a collaborative approach with Rockefeller Asset Management (Rockefeller). The UBS Rockefeller Ocean Engagement Fund, seeks to provide financial returns and...
Mizuho Financial Group, Inc. (President & Group CEO: Masahiro Kihara), one of Japan’s leading global financial institutions, and London Stock Exchange Group (CEO: David Schwimmer; LSEG) announce an agreement to...
Key Impact Points: In a historic election, Mexico has elected Claudia Sheinbaum as its first female president. Winning between 58.3% and 60.7% of the vote, Sheinbaum’s victory signifies a pivotal...
Report assesses 11 apparel and footwear companies’ insufficient efforts to eliminate fossil fuels from supply chains, manufacturing, shipping A 2024 report update to last year’s Fossil-Free Fashion Scorecard released today by environmental...
Deep Sky, the Canadian carbon removal project developer, and Sustaera, a US-based modular Direct Air Capture (DAC) company, have signed a Memorandum of Understanding to explore carbon removal technology in Canada....
Surpasses Fund V Fundraising Target by 10% and Raises Additional $2.3 Billion of Co-Investment Capital Energy Capital Partners (“ECP”), a leading investor across energy transition, electrification and decarbonization infrastructure assets,...
The Asian Development Bank (ADB) has provided support to renewable energy (RE) developer Alternergy Holdings Corp. (AHC) in securing its first green corporate loan. In a statement, the multilateral lender...
Key findings around responsible investing and ESG themes point to terminology driving sentiment around purpose-driven investing A recent survey conducted by RBC Wealth Management reveals more positive investor sentiment around responsible investing...
AW Hainsworth is pleased to announce the appointment of Paul Dudley as the new Head of Engineering and Sustainability. This newly created role, based at the company’s vertical woollen mill...
By Michael Fabiano and Matt Bird, April 26, 2024 Mary de Wysocki, Chief Sustainability Officer at Cisco, shares insights into the company’s approach to adaptation, its impactful attributes, and the evolving role of...
By Michael Fabiano and Matt Bird, April 26, 2024 Question: What factors contribute to the remarkable willingness to adapt to change within the organization? Answer: I believe this willingness stems...
Almost a year after the International Sustainability Standards Board (ISSB) released its first two standards, they announced this week that more than half of the world’s economy has adopted them....
Environmental, social and governance (ESG) reporting headaches could be a thing of the past, after Ideagen, a leader in regulatory and compliance software, today announced a new strategic partnership to...
44% of these funds are invested in assets that breach the Paris-aligned benchmark (PaB) exclusionary criteria In the first of a two-part series examining ESMA’s name rule restricting the use...
With the decisions adopted today, the European Union and Euratom will leave the Energy Charter Treaty, while member states will be allowed to support its modernisation during the next Energy...
China’s Ministry of Finance has begun soliciting opinions on a draft guideline aimed at unifying corporate sustainability disclosures, with a vision of establishing a nationwide standard by 2030. The move...
The European Business Aviation Association (EBAA) is proud to announce the formal launch of Tier I of the Standards & Training for Aviation Responsibility and Sustainability (S.T.A.R.S.) Programme at the...
Iberdrola held a new edition of the BAT Talk at the BAT B Accelerator Tower in Bilbao, Spain. During the event, attendees learned more about Iberdrola’s R&D strategy and innovation ecosystem, an ecosystem with numerous...
Lightrock, a global investment platform that backs purpose-driven companies, today announces the launch of its Lightrock Global Small-Cap strategy. The strategy’s launch took place in the second half of April, and...
The Council has adopted a directive promoting the repair of broken or defective goods, also known as the right-to-repair (or R2R) directive. This legislation will make it easier for consumers to...
This project will leverage Capgemini’s quantum lab to enhance carbon capture efficiencies Capgemini Government Solutions LLC announced a new initiative with The Defense Advanced Research Projects Agency (DARPA) to investigate the use of...
Canada is experiencing a heavily fragmented energy transition with consequences for household affordability and economic development, finds a new Clean Energy Canada scorecard that ranks provincial efforts to help citizens and businesses...
On May 24th, 2024, a Bloomberg journalist contacted the SBTi with a series of questions in preparation for an article which it published on May 29th, 2024. Below is the...
The program will equip accountants with a Smart ESG solution, leveraging innovative AI software, best practices and tech-enabled double materiality identification The Chartered Institute of Management Accountants (CIMA) and Datamaran, a market...
Powerful combination of technology and services will enable decisive sustainability action for customers globally IFS, the leading technology provider of cloud and industrial AI software, and professional services firm PwC,...
Clean Energy Ventures (CEV), a leading global venture capital firm funding early-stage climate innovations, today announced the closing of an oversubscribed second flagship fund with total capital commitments of $305 million. In...
EPA’s Clean School Bus Rebate Program to fund over 3,400 new clean school buses in approximately 530 districts across the nation The Biden-Harris Administration announced the recipients of the U.S....
Singapore published an Environmental Crimes Money Laundering (ML) National Risk Assessment (NRA) which identifies the key threats and vulnerabilities in environmental crimes ML that Singapore is exposed to, and outlines...
Energy Capital Partners (ECP), a leading private equity firm, along with a group of co-investors, has entered into a definitive agreement to acquire Atlantica Sustainable Infrastructure plc in a transaction...
The SBTi releases revisions and new resources to enable financial institutions to set ambitious near-term emission reduction targets. The Science Based Targets initiative (SBTi) is unveiling a suite of revisions...
Eurazeo, a leading global investment company, has announced the launch of a new impact buyout fund dedicated to addressing planetary boundaries. The fund targets raising €750 million, focusing on investments...
The EU and Australia signed a Memorandum of Understanding (MoU) for a bilateral partnership to cooperate on sustainable critical and strategic minerals. The MoU was signed on behalf of the EU by...
Cloover, a Berlin-based startup, has secured a remarkable $114 million seed round to fuel the growth of its operating system for the renewable energy industry. The company connects all relevant...
The European Commission has approved, under EU State aid rules, a fourth Important Project of Common European Interest (‘IPCEI’) to support research, innovation and the first industrial deployment in the...
In a significant move to bolster the credibility of the carbon offset market, the Biden administration has unveiled a new policy designed to enhance transparency and integrity in carbon credit...
The ongoing transformation and decarbonisation of the building materials sector requires investments. To fund these investments, Heidelberg Materials announced the introduction of a Green Finance Framework which is aligned with...
Start-ups tackling some of the world’s biggest sustainability challenges have the chance to supercharge their business and pilot their technology with Amazon, as part of the third edition of the...
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