Welcome back to the ESG News Week In Review! To get ESG News’s full ‘ESG News Week In Review’ and ESG News Daily email newsletter, subscribe here. ESG NEWS SMART READ OF THE...
Follow ESG News on LinkedIn This week, the EU and the US seemed to swap roles as California advanced its climate disclosure law, maintaining the 2026 reporting deadline for large...
Last Updated: November 8, 2024 In this video, Marjella Lecourt-Alma, CEO of Datamaran, joined ESG News CEO Matt Bird to delve into the transformative role of AI and data in...
Amidst a backdrop of economic uncertainty and fluctuating global deal volumes, the significance of environmental, social, and governance (ESG) considerations in mergers and acquisitions continues to grow. The 2024 ESG...
Key Impact Points: Marriott Hotels UK is taking a significant step in sustainability by deploying Winnow AI technology across 53 hotels in the UK, Ireland, and Nordics. This innovative system...
Real estate is crucial in the global emissions landscape, contributing approximately 40% to the total. As efforts to reach net zero intensify, it becomes imperative to accurately assess and mitigate...
Key Impact Points: BNP Paribas Asset Management (BNPP AM) has made a significant move by listing four ESG equity ETFs on the London Stock Exchange (LSE) for the first time....
In the video discussion between Jay Sadiq, CEO of FortyGuard, and Matt Bird, CEO of ESG News, Sadiq highlighted how FortyGuard’s hyper-local AI temperature data can be an invaluable tool...
In the news we heard about Sam Altman’s proposal to government for building multiple large-scale data centers with significant power requirements to support the growing computational needs of AI. There...
Asda has unveiled a new initiative within its Supply Chain Finance programme to drive enhanced sustainability practices among its suppliers. Collaborating with HSBC UK, the retailer is set to introduce...
Adani Group and Google have unveiled a strategic collaboration to boost clean energy consumption and drive sustainability in India. The partnership will see Adani harnessing power from a new solar-wind...
The European Union has officially pushed back the enforcement of its pivotal Regulation on Deforestation-free Products (EUDR), a move confirmed by European Commission President Ursula von der Leyen. Originally set...
As China stands as the world’s largest greenhouse gas emitter, its commitment to reducing emissions by 30% by 2035 is a pivotal element in the global effort to meet the...
The United States is falling behind its ambitious climate targets, with current efforts set to achieve only a 22% reduction in emissions by 2030, significantly short of the 50% reduction...
The big picture: Italy’s antitrust agency has launched an investigation into Shein’s website operator, Infinite Styles Services Co., over potentially misleading environmental claims. The investigation targets Infinite Styles Services CO....
Monetary Authority of Singapore (MAS) and the World Bank are leading efforts to accelerate the coal transition through market-based approaches. Speaking at the New York Climate Week MAS-World Bank event,...
Driving Sustainable Growth in Emerging Markets The International Finance Corporation (IFC), a member of the World Bank Group, and HSBC Asset Management (HSBC AM) have deepened their partnership by establishing...
Rulemaking shift to 2026 The California Air Resources Board (CARB) announced it will delay the initial rulemaking for the new California climate disclosure laws SB 253 and SB 261 into...
• Harvard achieved a 32% absolute reduction in greenhouse gas emissions since 2006 despite a 14% campus expansion.• A new regional energy consortium led by Harvard and MIT will generate...
• New solar and wind projects in five European countries will add 650 MW of renewable capacity, mobilising over $600 million in financing.• The expansion supports Apple’s 2030 carbon neutrality...
• The 1.5 GW Khazna Solar PV project will supply electricity to around 160,000 homes and cut 2.4 million tonnes of CO₂ annually.• Part of EWEC’s strategy to expand Abu...
• Amazon’s Elkhart, Indiana facility integrates over 40 decarbonization and efficiency systems for real-world testing.• The site provides data for scaling low-carbon building materials and clean-energy systems across Amazon’s global...
• Brookfield to invest up to $5 billion in Bloom Energy’s fuel cell technology to power global AI factories.• Partnership marks Brookfield’s first deal under its dedicated AI Infrastructure strategy.•...
• McKinsey projects renewables could supply up to 67% of global power by 2050, but fossil fuels may still account for more than 40% of total energy use.• Alternative fuels...
• Stegra (formerly H2 Green Steel) seeks up to €975 million ($1.1 billion) in new financing to complete its Boden, Sweden, green-steel project.• The new capital will cover higher project...
• Less than 10% of climate finance reaches SMEs despite representing over 90% of global businesses.• The Impact Disclosure Taskforce’s SME Subgroup unveils a Whitepaper at Climate Week NYC offering...
EU Moves to Cut Scope of Sustainability Rules The European Parliament’s Legal Affairs Committee (JURI) voted on October 13 to approve sweeping reductions to two cornerstones of the European Green...
• Schroders now sources 100% of its electricity globally from renewable energy, meeting its RE100 commitment a year early.• The firm’s Horsham solar project generates 1.13 GWh annually, covering nearly...
Mercedes Pushes Decarbonization Beyond the Track The Mercedes-AMG Petronas Formula One Team confirmed it achieved 99% HVO100 biofuel coverage for its 2025 European race and marketing logistics, a milestone that...
• Moeve becomes the first third-party supplier to join Avelia, Shell Aviation’s blockchain-powered sustainable aviation fuel (SAF) book-and-claim platform.• The collaboration expands multi-supplier access to verified SAF credits, supporting decarbonisation...
• €5 billion investment through 2027 expands Google’s St. Ghislain data center and creates 300 new jobs.• 110 MW in new carbon-free energy deals with Eneco, Luminus, and Renner to...
• Climate Investor Two surpasses $1 billion target to become the largest adaptation infrastructure fund in emerging markets.• Backed by $190 million in new commitments and a €205 million EU...
Mexico City Launch Strengthens Legal Frameworks for Climate Action UK-based legal nonprofit The Chancery Lane Project (TCLP) has released 17 climate-aligned clauses adapted to Mexican law, making them available in...
• Four projects funded under the European Maritime, Fisheries and Aquaculture Fund (EMFAF) will advance regenerative ocean farming and marine innovation.• Initiatives span Spain, Italy, Portugal, and Ireland, developing large-scale...
• India’s Central Electricity Authority unveils 6.4 trillion rupee ($77 billion) plan to transmit 76 GW of hydro power from the Brahmaputra basin by 2047.• The basin, spanning eight northeastern...
• The US has threatened sanctions on countries supporting an EU-backed global framework to cut shipping emissions.• The IMO proposal would introduce the first global pricing mechanism for maritime emissions,...
Airbus Targets Deep Emissions Cuts Across UK Operations Siemens has signed a strategic contract with Airbus to decarbonize three of the aerospace manufacturer’s largest industrial sites in the United Kingdom...