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The SBTi has published a new Insurance Underwriting Industry Brief as a first step towards the development of a Financial Institutions Net-Zero Insurance Standard. The finance sector has tremendous potential...
Ashley Black & Co.’s founder Ashley Black discusses her mission in the wellness industry, updates on products, and growth goals with FinTech TV Host, Remy Blaire – from the iconic...
As climate finance takes center stage at COP28, the Global Innovation Lab for Climate Finance (The Lab) celebrates a significant milestone: its portfolio of climate finance solutions has now mobilized over USD...
Newest product from Citizens’ expanded partnership with Mastercard is made from 90% recycled plastic and features Mastercard’s Touch Card™ innovation Citizens Financial Group, Inc. announced the full rollout of Citizens Bank,...
At the core of this partnership is the drive to enhance food preservation, reduce food waste in African markets, and improve global market accessibility for producers.United Nations Industrial Development Organization...
Oversubscribed Third Private Equity Fund Closed at $2.8 Billion Hard Cap, Alongside Dedicated LP Co-Investment Vehicles Fund Focuses on Buyout and Growth Investments in Industrial Decarbonization Sector Ara Partners (“Ara” or the...
BNP Paribas announces the launch of BNP Paribas Climate Impact Infrastructure Debt, an initiative supported by the aligned commitments of BNP Paribas Asset Management (‘BNPP AM’), BNP Paribas Corporate & Institutional Banking (‘BNPP CIB’) and...
A deal has been signed for Inherit Carbon Solutions to provide Microsoft with permanent carbon removal for delivery through 2028. By leveraging waste-water and food waste for the purpose of...
Garanti BBVA is in the process of installing solar panels on buildings at its Pendik Campus, on the Güneşli Service Building and on top of the bank’s ATMs. The solar...
The United Nations Climate Change Conference (COP28) closed today with an agreement that signals the “beginning of the end” of the fossil fuel era by laying the ground for a...
For Krispy Kreme, Inc., it takes more than iconic doughnuts to “Be Sweet.” It takes an ongoing commitment to drive positive impact. To provide an update on the Company’s commitment,...
There has been national and regional coverage on our proactive announcement about changes to Variable Monetary Penalties (VMPs). These are civil sanctions issued by the Environment Agency to companies and...
Chipotle Mexican Grill announced it is investing in Greenfield Robotics, a company founded with the vision of making regenerative farming more efficient, cost-effective, and sustainable by leveraging the latest advances in...
JCB unveiled its pioneering hydrogen combustion technology at EXCON, India’s premier construction equipment trade show taking place in Bengaluru. In its first-ever trade show appearance anywhere in the world, the...
The latest COP28 draft outcome text released to negotiators in Dubai Monday evening dropped a call to ‘phaseout’ fossil fuels, prompting outcry from climate vulnerable countries and civil society. The...
The collaborative effort to boost green finance between IFC and the Bank of the Lao PDR has been strengthened with a new cooperation agreement signed. This enhanced partnership aims to...
The ACCC has published eight principles to help businesses ensure any environmental marketing and advertising claims they make about their products or services are clear and accurate, and do not...
A new Commonwealth e-learning course launched will improve the ability of small and other vulnerable states to access billions of dollars in climate finance. The Commonwealth Secretary-General, The Rt Hon...
Largest-ever private equity fund close for an Asia-based independent fund manager that focuses on next-generation infrastructure to bolster the region’s energy transition and digital infrastructure development Seraya Partners, the first...
World leaders joined the World Economic Forum’s programme at the 28th Conference of the Parties of the UNFCCC (COP28) to advance dialogue, innovation and cooperation for accelerated climate action. Gathering...
GE Vernova’s Grid Solutions business and MYTILINEOS Energy & Metals announced that they have been awarded a £1 billion contract by National Grid Electricity Transmission and SP Transmission, part of SP Energy Networks (SPEN), for the...
As conflicts, climate emergencies and collapsing economies continue to wreak havoc on communities worldwide, the UN on Monday issued an appeal for $46.4 billion for 2024 to help 181 million...
At the COP28 climate change conference in Dubai, pledges have been made in three key areas – by many countries on renewables and energy efficiency, and by a significant number...
Estonia, a nation renowned for its resilience and pioneering innovation, is taking centre stage at the imminent COP28 in Dubai. Committed to addressing the pressing global climate crisis, Estonia aims to align with international climate...
The Commission welcomes the provisional agreement reached today between the European Parliament and Council on updated EU rules to decarbonise the gas market and create a hydrogen market. The new rules will...
Schneider Electric, a leader in the digital transformation of energy management and automation, has signed a Memorandum of Understanding (MoU) with the International Center for Biosaline Agriculture (ICBA) at the...
UN Secretary-General António Guterres on Monday urged a deal at COP28 on the phaseout of fossil fuels, telling negotiators that “now is the time for maximum ambition and maximum flexibility,”...
A carbon-free global economy requires the phase-out of fossil fuel subsidies. That’s why the Glasgow Climate Summit in 2021 agreed to phase out inefficient fossil fuel subsidies, on the back...
Against the backdrop of Food and Agriculture Day at COP28, the global community is witnessing a pivotal moment in the collective effort to address environmental challenges within the agricultural sector....
The number of green jobs advertised in the UK has fallen from the record levels recorded in 2022, albeit at a smaller rate than the decline seen in the UK’s...
Key Takeaways: The world is at an inflection point. We face multiple simultaneous geopolitical challenges, exacerbated by a global climate crisis that threatens to permanently disrupt the world as we...
Are COPs the most efficient means to manage the global climate crisis? No. But, it is the process we have. And, with close to 200 countries representing eight billion souls,...
WWF and Inter IKEA have extended their 20-year collaboration to include new projects in Colombia and Brazil. These projects aim to safeguard biodiversity and landscapes while also empowering local communities...
The Science Based Targets initiative (SBTi) has opened a call for companies and financial institutions in the buildings value chain to pilot the Buildings Science-Based Target-Setting Guidance and Tool drafts....
The Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA) have signed an agreement to establish the Leading Asia’s Private Infrastructure Fund 2 (LEAP 2) with capital of up to...
OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, announced that it has joined the Ethereum Climate Platform (ECP) as a launch partner, underscoring its commitment to sustainability and decarbonization...
The Government of Canada has committed to cap and reduce greenhouse gas emissions (GHG emissions) from the oil and gas sector at a pace and scale necessary to contribute to...
China’s State Council on Thursday published an action plan to improve air quality amid the country’s effort to promote high-quality economic development. The plan contains a series of measures to...
Singapore and Papua New Guinea (PNG) signed an Implementation Agreement on carbon credits cooperation under Article 6 of the Paris Agreement. The Agreement was signed by Minister for Sustainability and...
Sprott Asset Management and HANetf have announced the launch of the Sprott Copper Miners ESG Screened UCITS ETF, an innovative new fund designed to offer investors access to copper mining...
Funding Will Help Meet the Growing Demand for BeCause Solutions from Global Travel Brands and Enterprise Companies BeCause, the Danish start-up transforming how the global hospitality, travel and tourism industries...
ESG News Ranked #7 overall and #1 in United States, followed by #8 Greenbiz, #12 PcW, #14 Harvard Business Review #18 Wharton Magazine, #22 IR Magazine… List by Ranking Globally...
Digital trade and investment are driving forces of the modern economy, and growth in the Asia-Pacific region has exceeded the global average, with the region now accounting for a quarter...
Toyota Motor North America announced the availability of its 2023 North American Environmental Sustainability Report. Covering Toyota’s activities in the United States, Canada, and Mexico, the report has been published...
The Governments of France and Morocco, together with the UN Environment Programme (UNEP), launched the Buildings Breakthrough at COP28, which will see countries joining forces to accelerate the transformation of...
Amazon is accelerating its transition to sustainable logistics in Europe, significantly increasing its reliance on rail and sea transport. This eco-friendly shift not only reduces the company’s carbon footprint by...
Trial of pioneering new technology in collaboration with Hrastnik1860, reduces Greenhouse Gas emissions by more than 30% Family-owned spirits company, Bacardi has successfully completed the world’s first commercial production of...
A.P. Moller – Maersk (Maersk) is about to launch the first of its 18 large methanol-enabled vessels currently on order. On 9 February 2024, it will enter service on the...
Tech giant inks deal to buy 1.5 million carbon removal credits from Mombak, aiming to become carbon negative by 2030. Tech giant inks a deal to purchase 1.5 million carbon...
BBVA’s Turkish unit has just renewed its $415 million syndicated loan based on environmental, sustainability and governance (ESG) criteria. The financing is part of the bank’s foreign borrowing program and...
Bloomberg announced the launch of new green-tilted fixed income indices, which seek to increase weighting to green bonds in some of Bloomberg’s flagship indices such as the Global Aggregate, Treasury...
The first test flight to demonstrate the potential for converting Methanol to SAF (Sustainable Aviation Fuel) has taken place in Dubai on the sidelines of COP28 in the UAE. Masdar,...
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and strongest financial institutions, announced that it will lend, invest and facilitate over AED500 billion...
The Monetary Authority of Singapore (MAS) published its finalised Code of Conduct for ESG Rating and Data Product Providers (“CoC”) and an accompanying Checklist for providers to self-attest their compliance...
In a continued effort to address the global climate crisis, the Arab Coordination Group (ACG), a strategic alliance of regional and international development institutions, announced at COP 28 in Dubai,...
UN climate chief Simon Stiell said on Wednesday that COP28 delegates are not in Dubai to “score points” and play at “lowest-denominator politics”; they must take ambitious action on curbing...
Nestlé, the world’s largest food and beverage company, is cutting its ocean logistics greenhouse gas (GHG) emissions by using Maersk’s ECO Delivery solution for 100% of its ocean containers shipped...
Schneider Electric, the leader in the digital transformation of energy management and automation, announced that Google, ASM and HP have joined the Catalyze program, which aims to accelerate access to renewable energy across...
Ørsted is embarking on the construction of two carbon capture (CCS) facilities designed to capture and store carbon emissions from the woodchip-fired Asnæs Power Station in Kalundborg and the straw-fired...
A.P. Moller-Maersk (Maersk) announced more than USD$500 million investment to expand its supply chain infrastructure to support Southeast Asia’s emergence as a global production hub and a consumption powerhouse. Maersk’s...
Energy Transition Plan lays out roadmap for Uganda to sustainably develop its energy sector, meet its climate targets, deliver universal energy access and realise widespread economic benefits Uganda’s Ministry of...
Nedbank launches R2,1 billion Green Private Power Tier 2 Bond − fuelling private sector renewable energy growth in South Africa Nedbank, a pioneer in sustainable finance solutions, has announced the...
Parliament and Council negotiators agreed on an update to the so-called “ecodesign” regulation that aims to improve various aspects of products throughout their lifecycle to make them more durable and...
The fund is focused on investment in greenfield renewable energy infrastructure in high growth middle-income markets and is expected to enable more than 10 GW of clean energy Copenhagen Infrastructure...
Following the successful investment agreement in Baltic Eagle in Germany, the first milestone of this alliance is a co-investment in the 1,400 megawatt (MW) East Anglia 3 offshore wind project...
Programs by MIT Sloan, NYU Stern, and most recently, Arizona State University combine with Deloitte’s own Learning and Development training to form a comprehensive suite of climate change and sustainability offerings for...
Ashley Black, inventor of the FasciaBlaster tools, announces 31 days of “My Favorite Things” holiday product specials. The curated series kicked off Dec-1 and will run through Dec 31, 2023. ...
Avrio has announced that its Digital Financial Market Infrastructure (DFMI) is now available in the Abu Dhabi Global Markets Financial Services Regulatory Authority Digital Lab (Lab), delivering a suite of...
Allied Climate Partners (ACP), International Finance Corporation (IFC), the Monetary Authority of Singapore (MAS) and Temasek announced the intent to establish a green investments partnership to address climate finance gaps...
The World Bank announced at COP28 a new Climate and Health Program to urgently respond to the rising negative health impacts of climate change in low- and middle-income countries. Through...
Abu Dhabi will host a pioneering Global Climate Finance Centre (GCFC), that will accelerate the development of climate finance frameworks and skills, and champion best practices in the UAE and globally. The...
The Coal to Clean Credit Initiative (CCCI), which has support from The Rockefeller Foundation, announced a new collaboration with ACEN Corporation to explore a pilot project in the Philippines that would leverage...
energyRe, an independent U.S. clean energy developer, announced that it has raised a $1.2 billion capital package to support the expansion of its large-scale renewable energy portfolio comprising utility-scale transmission and storage,...
The European Investment Bank (EIB) and Allianz Global Investors (AllianzGI) announced new capital commitments to the Emerging Market Climate Action Fund (EMCAF). The United Kingdom Foreign, Commonwealth & Development Office...
Eni has signed a five-year Sustainability-Linked revolving credit line worth €3 billion, related to two targets of Eni’s Sustainability-Linked Financing Framework, last updated in April 2023. The new facility will...
New cooperation agreement reached, as GRI-ESRS Interoperability Index is made publicly available Following a successful partnership between EFRAG and GRI over the past three years, a new Memorandum of Understanding...
One of the most cited quotes about modern business has to be the Ocean Tomo study that 90% of a company’s value now sits in intangibles. One of those intangibles is...
Another COP – Conference of the Parties – is upon us. As the 28th COP gets underway, climate negotiators from nearly 200 nations are arriving for two weeks of negotiations...
Protein Evolution’s Biopure™ technology uses AI-designed enzymes to produce the raw materials of polyester from plastic waste – not petroleum Protein Evolution, Inc., a biological recycling company working to decarbonize...
At the COP28 in Dubai, Commission President Ursula von der Leyen, Founder of Breakthrough Energy Bill Gates, and European Investment Bank President Werner Hoyer announced the first two European projects to...
RMI, in partnership with four leading banks — Citi, ING, Société Générale, and Standard Chartered — along with aluminum industry stakeholders, has developed a first-of-its-kind framework to enable banks to measure...
As the world moves towards net zero, the aviation industry is under pressure to accelerate its decarbonisation efforts. Many commercial airlines are looking to reduce carbon emissions with sustainable aviation...
Standard Chartered’s latest Sustainable Banking Report 2023 reveals USD3.4 trillion of retail investor capital could be mobilised towards climate investments in 10 growth markets across Asia, Africa and the Middle East by...
With an ambitious financing package announced at COP28, the World Bank Group is helping people in developing countries better withstand the devastation of climate change and create a better world...
Stripe, a financial infrastructure platform for businesses, launched Climate Orders, which makes it easy for any business to pre-order carbon removal tons via Frontier, an advance market commitment (AMC) cofounded by...
As world leaders prepare for the COP28 climate summit in Dubai, it is more important than ever that business goes further than before in terms of climate action. We are announcing...
Powerful educational partnership with BPP will transform urgent business learning need BPP Education Group, a global leader in professional and vocational education, announces £5M Series A investment and partnership with...
During COP28, Global Fashion Agenda (GFA) released the 2023 edition of The GFA Monitor – a report to guide fashion leaders towards a net-positive fashion industry. The second GFA Monitor has been updated to include the latest guidance...
As COP28 kicks off in Dubai, businesses, policymakers, and civil society are increasingly recognizing the profound impact of food systems on the world’s most pressing social and environmental challenges. Since...
The new DHL Europe Innovation Center will serve as a hub for trend research and technology development, providing innovative solutions to assist customers and partners in navigating their logistics journey....
Google has partnered with clean-energy startup Fervo to develop a geothermal power project in Nevada that is now contributing carbon-free energy to the electric grid. This marks a significant step...
In 2023, there has been a notable evolution in the realms of sustainability and environmental, social, and governance (ESG). Companies find themselves under increasing pressure to provide transparent and credible...
Dow announced that its board of directors has declared Final Investment Decision on the Company’s Fort Saskatchewan Path2Zero investment to build the world’s first net-zero Scope 1 and 2 emissions integrated ethylene cracker and...
Leaders from the United Nations and Microsoft Corp. on Thursday announced a partnership that will enable the UNFCCC to create a new AI-powered platform and global climate data hub to...
With an estimated $18.4 trillion of ESG-orientated assets now being managed globally, the FCA is putting in place new Sustainability Disclosure Requirements and an investment labels regime after detailed engagement with a...
Urgent action on climate can help Azerbaijan minimize the risks emerging from the global low-carbon transition and protect the living standards of its people, says the World Bank Group’s Azerbaijan Country Climate...
Global commitment to double the pace of efficiency improvements this decade is crucial as record heat and growth in energy-intensive industries boost energy demand Policy makers around the world expanded...
More and more people see climate change as a serious threat, but at the same time have less and less basic knowledge about global warming and its consequences. According to...
10,000 tons of carbon dioxide removal will be delivered using new Carbon Casting technology Graphyte, a carbon removal startup backed by Breakthrough Energy Ventures, announced that American Airlines will be...
The new rules will reduce air, water and soil pollution, and steer large agro-industrial installations in the green transition. Late on Tuesday night, negotiators from the Parliament and Council reached...
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