Following Suni Harford’s decision to retire from UBS, Aleksandar Ivanovic will join UBS’s Group Executive Board as President Asset Management and Beatriz Martin Jimenez will become the GEB Lead for...
Individual investor interest in sustainability is on the rise, according to survey findings in a new “Sustainable Signals” report by the Morgan Stanley Institute for Sustainable Investing and Morgan Stanley Wealth Management....
Partnership empowers organizations to manage climate-related financial risk and adhere to new standards, while saving time and money Diligent, a leading GRC SaaS company, announced its partnership with Manifest Climate, a...
Toucan Energy’s solar portfolio, consisting of 53 operating solar farms in the UK, will be majority acquired by private markets funds managed by Schroders Greencoat, the specialist renewables manager of...
Video Archives Now Available: Chief Executive & Co-Founder for Bankers for Net Zero, Heather Buchanan one-on-one interview with Show Host, Ketan Patel, “Force For Good” ESG News releases Heather Buchanan, Chief Executive &...
Toppan Merrill, a technology-driven, global leader simplifying the complexity of regulatory disclosure and regulated communications, today announced it is working with Nasdaq to drive excellence in Environmental, Social and Governance (ESG)...
IEA Executive Director Fatih Birol addressed heads of state and government from African countries and around the world on the importance of secure and sustainable energy supplies in underpinning economic...
S&P Dow Jones Indices, the world’s leading index provider, announced that it has been selected by PenSam, one of Denmark’s largest labor market pension providers, to develop a bespoke climate-focused index for...
With the world moving ever closer to the 2050 deadline to achieve Net Zero, Allianz has launched a tool that outlines how the green transition can be achieved within the...
SBTi gains charitable status as scale-up operation forges ahead in response to rapidly growing demand. The number of companies and financial institutions setting greenhouse gas (GHG) reduction targets and having...
The OPEC Fund for International Development, a multilateral development finance institution headquartered in Vienna, Austria, expanded its new commitments to US$1.7 billion across 55 projects globally in 2023, providing funding to address climate...
Two new exposure drafts set forth the first comprehensive suite of global standards on ethical considerations in sustainability reporting and assurance Proposed standards aim to foster greater trust in all...
Transforming food systems around the world would lead to socio-economic benefits summing up to 5 to 10 trillion USD a year, shows a new global policy report produced by leading...
Driven by a passion to refresh the world and make a positive difference, The Coca-Cola System operates as a global company with deep local roots. Its unique structure, employing over...
EIB Global has signed memorandums of understanding for project co-financing with the Republic of Kazakhstan, the Kyrgyz Republic, the Republic of Uzbekistan and with the Development Bank of Kazakhstan for a...
“This is a real partnership to decarbonise and seize new opportunities. Many companies also share this commitment, and that is why we are reaching agreements among ourselves and with the...
Long-term agreement fully contracts solar farm and supports conservation commitment, advances Bloomberg’s pledge to 100 percent renewable-sourced electricity by 2025 Ørsted, a leading U.S. clean energy developer, announced the signing...
The Global Gateway Investors Forum for EU-Central Asia Transport Connectivity opened today in Brussels, bringing together governments, financing institutions, businesses and civil society from Europe, Central Asia and beyond. European Commission Executive...
bp and Equinor announced an agreement to restructure the ownership of their joint US offshore wind projects which, following completion, will result in bp taking ownership of Equinor’s 50% stake...
The European Commission welcomes today’s adoption of strengthened rules on the use of fluorinated gases (F-gases) and ozone-depleting substances (ODS), which currently represent over 3 percent of the EU’s total...
Eni confirmed its decision to build Italy’s third bio-refinery in Livorno. The project, first announced in October 2022 and followed by an application for Environmental Impact Assessment (EIA) in November...
At the beginning of January, I journeyed to the heart of the Magnolia State, far from the glitz of the Elvis Museum, to visit a cotton farm nestled at the...
The Doomsday Clock, created back in 1947 by J. Robert Oppenheimer, remained at 90 seconds before midnight this week as concerns over war, climate, mass migration, the influence of AI,...
Welcome to our daily roundup of the most impactful and noteworthy ESG (Environmental, Social, and Governance) news. As we navigate the ever-evolving landscape of sustainable practices, responsible business conduct, and...
Demand is rebounding as a result of expected colder weather and lower prices, IEA’s latest Gas Market Report says, but limited new LNG production means supply will remain tight Growth...
The world’s first large methanol-enabled container vessel has been named “Ane Maersk” at a ceremony in the shipyard of HD Hyundai Heavy Industries (HD HHI) in Ulsan, South Korea. The...
The Airbus Lifecycle Services Centre, with investment of 6 billion yuan ($838 million), aims to improve the recycling rate of aircraft components and materials, so that over 90% of an...
CVS Health® announced two agreements that total 264,000-megawatt hours with Constellation to purchase zero-emission, renewable energy equivalent to the annual electricity use of nearly 1,000 CVS Health locations in California, Washington, D.C.,...
Ikea has said that the financial year 2023 (FY23)* was another year of global challenges but also of progress. Key movements include a 22% reduction of the total IKEA climate...
In a statement today, President Joe Biden announced a temporary halt on pending approvals for liquefied natural gas (LNG) exports from the United States. The move, which exempts only unforeseen...
New GRI Biodiversity Standard available for use by companies around the world As nature faces unprecedented pressures, with human activity the leading cause for one million animal and plant species...
The European Financial Reporting Advisory Group (EFRAG) has launched a public consultation on two draft sustainability reporting standards for small and medium-sized enterprises (SMEs): the Exposure Draft ESRS for listed...
Key highlights: Deloitte and Circle Economy Foundation released the Circularity Gap Report 2024, finding the vast majority of extracted materials entering the economy are virgin, with the share of secondary materials declining steadily...
Following through on its 2020 net zero ambitions, HSBC has released its inaugural Net Zero Transition Plan, outlining its roadmap for financing and supporting the global transition to a low-carbon...
Fastmarkets, one of the industry’s leading cross-commodity price-reporting agencies (PRA), announces the launch of a new European reduced carbon emissions flat steel price. This new price, which is for domestically...
DHL Group has agreed a long-term electricity supply contract with RWE Supply & Trading for the purchase of around 104 gigawatt-hours of electricity from renewable sources per year from 2026,...
Goldman Sachs and International Finance Corporation expand partnership.First French language offering of highly successful 10,000 Women online curriculum. Goldman Sachs and the International Finance Corporation (IFC) announced the expansion of their partnership...
The World Bank (International Bank for Reconstruction and Development, IBRD) today priced a seven-year $100 million, principal-protected Plastic Waste Reduction-Linked Bond. This innovative bond provides investors with a financial return...
Alight, a leading European solar developer and independent power producer, and global fashion retailer H&M Group have signed long-term power purchase agreements (PPAs) to enable the construction of three new...
The Commission has launched a package of measures to support European startups and SMEs in the development of trustworthy Artificial Intelligence (AI) that respects EU values and rules. This follows...
Key findings The EU’s progress in reducing emissions has accelerated significantly in 2023. A new research paper produced by the Center for Research on Energy and Clean Air (CREA) found...
As part of its development as an integrated power player in Germany, TotalEnergies has signed an agreement to acquire from its three founders the entire share capital of Kyon Energy,...
The Top Tier Impact Investment Panels held during the World Economic Forum at the Fuxägufer on Tuesday, January 16th, 2024, proved to be highly successful for the investors in attendance. Family offices,...
U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced that USDA is investing $207 million in renewable energy and domestic fertilizer projects to lower energy bills, generate new income, create jobs, and...
The United States Postal Service (USPS), alongside White House officials, unveiled its first set of electric vehicle (EV) charging stations at its South Atlanta Sorting and Delivery Center (S&DC). Charging...
83% plan to increase investments in digital tools and technology, in particular AI as a driver of innovation and revenue growth, in the next 12-18 months. 52% intend to do...
With significant institutional investor backing, Fund III closes at more than double the size of the previous fund and will deliver significant greenhouse gas emissions abatement. ArcTern Ventures (ArcTern), a Toronto-based...
By converting 1 000 tonnes of food waste into animal feed over the past six months, the Shoprite Group is providing enough fodder for up to 3 000 cattle daily...
Budderfly, the premier sustainability partner for commercial businesses with repeatable footprints, today announced it has secured a $400 million senior debt facility originated by Vantage Infrastructure (“Vantage”) with the financing co-led by...
Schroders has joined the Taskforce on Nature-related Financial Disclosures (TNFD) Early Adopters and Nature Action 100, reflecting the global asset manager’s commitment to managing risks associated with nature loss and...
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has presided over the annual meeting of the ADNOC Board of Directors in his capacity as its Chairman. During the...
Recurrent Energy, a subsidiary of Canadian Solar Inc. and a global developer and owner of solar and energy storage assets, announced today that Recurrent Energy B.V. has secured a $500 million preferred equity...
S&P Global Commodity Insights, the leading independent provider of information, analysis, data and benchmark prices for the commodities, energy and energy transition markets, has issued its latest report on the Top...
The new HPC6 supercomputer will be one of the most powerful industrial computing systems in the world, marking a major step forward in high-performance computing to support Eni’s transition from...
Plenitude has reached an agreement with BlueFloat Energy and Sener Renewable Investments to join their strategic partnership to advance the development of offshore wind projects in Spain. The agreement with...
Saint-Gobain has entered into a definitive agreement to acquire Glass Service a.s., a leading provider of digital solutions for glass furnaces, including advanced control systems and simulation software, which enables...
A.P. Moller – Maersk welcomes Flying Tiger Copenhagen as another customer that will transport its entire ocean freight transport volume under Maersk care with the ECO Delivery solution from 2024...
A groundbreaking lawsuit has been filed against ING Bank in the Netherlands, aimed at holding the financial institution accountable for its inadequate climate policy and harmful contribution to dangerous climate...
The Council and the European Parliament’s negotiators today reached a provisional political agreement on CO2 emission standards for heavy-duty vehicles (HDVs). The aim is to further reduce CO2 emissions in the road transport sector and to...
EIT InnoEnergy,the innovation engine for sustainable energy supported by the European Institute of Innovation & Technology (EIT), a body of the European Union (EU), and Demeter Investment Managers, a major...
H2 Green Steel signs definitive debt financing agreements for €4.2 billion in project financing and increases the previously announced equity raised by €300 million. Total equity funding to date amounts...
New carbon footprint reduction offering enables corporations to seamlessly offset their carbon footprint as part of their daily cash management activities Mashreq, one of the leading financial institutions in the...
I used not to mind flying, but after 9/11, I was afraid. About 10 years into my professional life, I realized that avoiding flying was costing me opportunities to advance,...
Global elites and world leaders met in Davos for the World Economic Forum’s (WEF) annual event. The wintery conditions belied the largely snowless Alps and a worrying downward trend in...
Passport Academy has recently launched as an on-demand educational resource aimed at supporting signatories of The Climate Pledge in their commitment to net-zero carbon emissions by 2040. This initiative is...
Dominating the Renewables Landscape: For four consecutive years, Amazon has held the undisputed title of the world’s largest corporate purchaser of renewable energy. This translates to a staggering portfolio of...
Key Impact Points: The World Economic Forum, supported by leading private sector and philanthropic partners of the Giving to Amplify Earth Action initiative (GAEA), announces today new commitments to unlock...
We are piloting our brick take-back service LEGO® Replay in the UK and inviting fans to join us as we test how to bring playful learning to more children, and...
Sustainability reporting practitioners that use the GRI Standards can now take advantage of a new learning course that provides the know-how to better integrate the European Sustainability Reporting Standards (ESRS)...
IFRS Foundation and GRI publish summary of interoperability considerations for GHG emissions. The Global Reporting Initiative and the IFRS Foundation have today jointly published a new analysis and mapping resource: Interoperability...
Key Impact Points Europe must transition towards greater sovereignty in defence, clean energy generation and essential technologies, including artificial intelligence (AI), quantum and semiconductors, announced President Emmanuel Macron of France...
The Novata Carbon Navigator, combined with Novata’s existing ESG data solutions and expert services, solidifies Novata as the full-spectrum sustainability data management platform for the private markets Novata, an industry-leading...
TrusTrace, a global SaaS company with a market-leading platform for product traceability and compliance, has announced the completion of a (U.S.) $24 million growth investment led by Circularity Capital, a specialist...
Parliament has given its final green light to a directive that will improve product labelling and ban the use of misleading environmental claims. The directive adopted today with 593 votes...
BBVA Chair Carlos Torres Vila advocated for “involving the end consumer in the energy transition” in order to step up decarbonization. Speaking on a panel at the Davos meeting hosted...
Schneider Electric, the leader in the digital transformation of energy management and automation, automation, is proud to confirm its spot on Corporate Knights’ 2024 Global 100 list of Most Sustainable Corporations in the...
Key Impact Points: The World Economic Forum announces today the launch of a new alliance to provide a platform for developing economies to raise awareness about their clean energy needs,...
Key Impact Points: The Schwab Foundation’s Global Alliance for Social Entrepreneurship today launched the Rise Ahead Pledge, a new initiative that will mobilize private sector commitments on social innovation to help...
Key Impact Points: Renewable energy company Ørsted has been named the world’s most sustainable energy developer in Corporate Knights’ 2024 Global 100 index. To triple renewable energy capacity by 2030,...
Key Impact Points: Stellantis Ventures, the corporate venture fund of Stellantis N.V., today announced its participation as a strategic investor in Tiamat, a France-based company that is developing and commercializing...
Key Impact Points: 1PointFive, a carbon capture, utilization and sequestration (CCUS) company, and Trafigura, a market leader in the global commodities industry, announced that Trafigura has agreed to purchase carbon...
A significant shareholder push is urging Shell to adopt more ambitious climate targets, setting the stage for a potentially pivotal annual general meeting (AGM) in May. 27 investor groups, representing...
Key Impact Points: IFCO, the world’s leading provider of Reusable Packaging Containers (RPCs), announced the launch of Dora, a revolutionary reusable Plastic Pallet, across Europe. Purpose-designed for RPC compatibility and...
Key Impact Points: Some risks are now so great that they exceed the capacity of insurers. A newly published Allianz Research report indicates that the frequency of extreme weather events...
Sarah Gledhill becomes Chief Operating Officer of Climate Asset Management and will join the leadership team. Climate Asset Management further expands its leadership team following the appointment of Sisa Sibanda...
The London Climate Resilience Review, an independent report commissioned by Mayor of London, publishes interim report. The London Climate Resilience Review has published its interim report. Following the flash floods...
Key Impact Points: In a special address at the World Economic Forum Annual Meeting 2024, United Nations Secretary-General Antonio Guterres urged leaders to tackle the existential threats posed by climate...
Key Impact Points: Iberdrola and the Norwegian sovereign wealth fund, managed by Norges Bank Investment Management, are to double their clean energy investment alliance, adding 1,300 MW of additional renewable energy capacity to unlock...
Lazard Asset Management (LAM) today announced the expansion of its global sustainable equity investment team with the appointment of Evie Paterson, who joins the firm as a Portfolio Manager/Analyst. Based...
FigBytes, creators of the leading Sustainability Platform for impact-focused organizations, has announced that it has been recognized in Forrester’s Sustainability Management Software Landscape, Q1 2024 report. FigBytes is part of...
Key Impact Points: With 457 votes in favour, 92 against and 32 abstentions, MEPs endorsed a deal reached with the Council to further cut emissions from fluorinated gases. The text foresees...
Key Impact Points The First Movers Coalition (FMC), a global public-private partnership by the World Economic Forum and the United States government working to decarbonize the world’s heavy-emitting sectors, now...
Key Impact Points: Coca-Cola India and India’s largest retailer, Reliance Retail, announced the launch of a sustainability initiative titled ‘Bhool Na Jana, Plastic Bottle Lautana’, focused on post-consumer PET collection at Reliance Retail...
Key Impact Points: The largest green loan raised in Europe to date will not only facilitate the expansion of Europe’s first homegrown gigafactory, Northvolt Ett, but also the realization of...