Hilkka Komulainen Leads Sustainability and Impact Initiatives Quinbrook Infrastructure Partners has named Hilkka Komulainen as its new Global Head of Sustainability and Impact, effective November 25, 2024. Komulainen, based in...
Empowering Investors with Data-Driven Insights ISS ESG, the sustainable investment arm of ISS STOXX, has unveiled a new customizable Climate Impact Report. Designed for institutional investors, the report aims to...
Accelerating the Environmental Transition At COP, Societe Generale reaffirmed its commitment to advancing the environmental transition. The bank’s new €500 billion sustainable finance target for 2024–2030 includes €400 billion in...
Rising ESG Challenges for Canadian CEOs According to KPMG’s 2024 CEO Outlook, Canadian executives are placing sustainability at the forefront, driven by extreme weather events, disruptive technologies, regulatory changes, and...
A Revolutionary Carbon Removal Initiative Return Carbon and Verified Carbon have announced Project Concho, a groundbreaking Direct Air Capture (DAC) hub to be built in Tom Green County, Texas. This...
Details of the Transaction The European Commission raised €7 billion in its 10th syndicated bond transaction of 2024, with €3 billion allocated as NextGenerationEU (NGEU) Green Bonds. The issuance included:...
Vision 2030: Scaling Sustainability PUMA has announced its Vision 2030 sustainability goals, elevating its previous commitments to create a larger impact across climate, circularity, and human rights. “With Vision 2030,...
Bolivia’s $5 Billion Carbon Credit Plan Bolivia is set to sell $5 billion worth of carbon offset credits to tackle rampant deforestation and achieve its goal of halting forest loss...
BNP Paribas Future Forest Fund: A Sustainable Initiative BNP Paribas Asset Management has launched the BNP Paribas Future Forest Fund, a sustainable forestry fund designed to support certified timber production...
A Historic Step for Climate and Tourism The United Nations announced on Wednesday that over 50 governments have signed a declaration to make global tourism more climate-friendly, calling it a...
Deloitte and Workiva Expand Sustainability Compliance Tools Deloitte and Workiva have launched four new ESG accelerators aimed at simplifying regulatory compliance under the European Union’s Corporate Sustainability Reporting Directive (CSRD)....
Building a Resilient Lithium Supply Chain Sigma Lithium has announced the shipment of 22,000 tonnes of its Quintuple Zero Green Lithium to International Resources Holding (IRH), Abu Dhabi’s official trading...
$1.48 Billion GAIA Platform Launched to Address Climate Finance Gaps At COP29, FinDev Canada, MUFG Bank, Green Climate Fund (GCF), and Climate Fund Managers signed a Memorandum of Understanding to...
Key Impact Points: EU Advances Carbon Removal Standards The Council has finalized a regulation to establish the EU’s first certification framework for permanent carbon removals, carbon farming, and carbon storage...
A Milestone for Green Energy At the COP29 World Climate Conference in Baku, Azerbaijan, Indonesia announced a €1.2 billion green funding agreement with German state development bank Kreditanstalt für Wiederaufbau...
Starbucks Welcomes New Sustainability Leader Starbucks has appointed Marika McCauley Sine as its new Chief Sustainability Officer, effective November 18, 2024. The former Mars Inc. executive succeeds Michael Kobori, who...
Some of the world’s biggest companies, including BlackRock Inc., Block Inc., Ripple, and Samsara Inc., are driving decarbonization in aviation through a $200 million investment in sustainable aviation fuel (SAF)....
Endesa, one of Spain’s leading energy companies, has announced a record-breaking €9.6 billion investment under its 2025-2027 strategic plan. The move comes as the company aligns with the ambitious electrification...
Expanding the Carbon Removal Rulebook The Integrity Council for the Voluntary Carbon Market (ICVCM) has approved a new suite of methodologies for engineered carbon dioxide removal (CDR), strengthening governance of...
A Life Devoted to Nature Dr Jane Goodall, the world’s most renowned primatologist and conservationist, died Wednesday at 91 while on a speaking tour in California, the Jane Goodall Institute...
A growing sovereign green bond market The Hong Kong Special Administrative Region has released its Green Bond Report 2025, providing a detailed account of how HK$240 billion (US$31 billion) in...
European businesses call sustainability a competitiveness issue A new survey of more than 2,500 senior executives across France, Germany, Italy, Spain and Poland reveals broad support for binding corporate sustainability...
Asia-Pacific Leaders Advance ESG Integration On the sidelines of UN General Assembly week, the United Nations Global Compact convened senior business leaders from Asia and Oceania for a closed-door Leadership...
Quality over Quantity Defines Luxury’s Next Phase The global luxury sector is navigating slowing demand, shifting consumer expectations, and a changing definition of value. According to the first EY Luxury...
New Capital for Expanding Energy Transition Services Nuveen has acquired a majority interest in Ally Energy Solutions, a U.S. provider of turnkey power and efficiency upgrades for commercial and industrial...
A Strategic Carve-Out in Solar TotalEnergies has sold a 50% stake in a 1.4 gigawatt (GW) solar portfolio across the United States to insurance vehicles and funds managed by KKR,...
Baton Rouge bets on carbon removal ExxonMobil has been selected to transport and permanently store carbon dioxide captured at AtmosClear’s planned biomass energy facility at the Port of Greater Baton...
New Pathways for Automotive Waste Porsche AG, BASF SE and Austrian technology firm BEST Bioenergy and Sustainable Technologies GmbH have completed a pilot project demonstrating the chemical recycling of complex...
A New Benchmark for Corporate Climate Expertise The Science Based Targets initiative (SBTi) has established the world’s first official register of certified experts qualified to guide companies through the complexities...
Oslo steps into global transition capital markets Norges Bank Investment Management (NBIM), manager of Norway’s $1.6 trillion sovereign wealth fund, has committed $1.5 billion to Brookfield Asset Management’s Global Transition...
Jakarta’s Waste Crisis Spurs New Energy Push Indonesia’s sovereign wealth fund, Danantara Indonesia, will roll out at least eight waste-to-energy plants by the end of October as part of a...
Brussels signs off on CBAM reform The Council of the European Union has adopted a regulation simplifying the bloc’s carbon border adjustment mechanism (CBAM), an instrument designed to prevent carbon...
Cyprus Decision Marks Next Phase Meeting in Europe’s most water-scarce country, the European Investment Bank (EIB) Group’s Board has adopted the second phase of its Climate Bank Roadmap, committing to...
Toronto’s first Climate Week is bringing together investors, business leaders, policymakers, and innovators to explore how climate action is reshaping markets and creating new opportunities. With dozens of sessions happening...
Regulatory Uncertainty Meets Investor Demands 2025 is proving to be a pivotal year for corporate sustainability disclosures. Thousands of companies have filed reports under the European Union’s Corporate Sustainability Reporting...
IBM is moving to address one of the persistent bottlenecks in corporate climate reporting: the accuracy and usability of greenhouse gas (GHG) emissions data. The company has introduced the Envizi...
Sarawak bets on hybrid clean power Malaysia’s Sarawak state has secured one of its largest private renewable energy investments with Founder Group Limited and Planet QEOS Sdn. Bhd. committing MYR1.16...
Record Commitments from Berlin Berlin has confirmed it provided €11.8 billion ($13.81 billion) in international climate finance during 2024, a record outlay designed to strengthen developing countries’ ability to respond...