LSEG’s Commitment to Transition Finance The London Stock Exchange Group (LSEG) has contributed to the latest Glasgow Financial Alliance for Net Zero (GFANZ) publication, titled “Case Studies on Transition Finance...
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. Tim Mohin – NY Climate Week...
Follow ESG News on LinkedIn The world’s climate experts, influencers, and changemakers descended on New York City for this year’s largest climate event. With more than 100,000 attendees and 600+...
Undo’s Growing Partnership with Microsoft Microsoft is scaling up its carbon capture efforts by signing a follow-on agreement with UK-based startup Undo to remove 15,000 tonnes of CO2 from the...
FTSE Russell has introduced two innovative indices—the FTSE Fixed Income TPI Climate Transition Index Series and the FTSE Fixed Income TPI Focused Glidepath Index Series—aimed at supporting investors’ climate commitments...
BBVA and global investment firm KKR have announced a $200 million (€187 million) strategic partnership to support the decarbonization of the economy. This commitment, made during Climate Week in New...
Siemens Financial Services has launched the Decarbonization Business Optimizer (DBO™), a cloud-based solution aimed at simplifying the complex journey toward net-zero emissions. The free tool helps companies break through the...
UAE’s Climate Ambition The United Arab Emirates plans to release its new national climate plan under the Paris Agreement ahead of the COP29 climate summit in November, setting a precedent...
New York State Insurance Fund Transitions to Responsible ETF The New York State Insurance Fund (NYSIF) has made a significant shift by reallocating its coal assets to a responsible investment...
CFTC Introduces First Carbon Credit Market Guidelines The U.S. Commodity Futures Trading Commission (CFTC) has established its first-ever guidelines for trading voluntary carbon credit derivative contracts. This is a pivotal...
The European Commission has initiated a public consultation on its draft proposal to introduce the EU Flight Emissions Label (FEL). This voluntary initiative is designed to provide passengers with standardized...
A Comprehensive Guide to Carbon Credit Strategy for CSOs Chief Sustainability Officers (CSOs) are increasingly turning to carbon markets to support their decarbonization efforts. However, without clear objectives and a...
Masdar, Abu Dhabi’s clean energy leader, announced plans to acquire Saeta Yield from Brookfield Renewable for an enterprise value of $1.4 billion. The deal strengthens Masdar’s position in Spain and...
Deutsche Bank is set to strengthen its commitment to ocean conservation under its #BackBlue initiative, implementing updated due diligence requirements in Q4 2024. These updates mark a continuation of the...
Platform to Boost Climate Finance Capacity Building Michael R. Bloomberg and Mary Schapiro introduced the beta version of the Global Capacity Building Coalition’s (GCBC) Digital Platform at the Bloomberg Global...
Climate Takes Priority A growing number of asset owners, including pension funds, insurance accounts, and endowments, are prioritizing climate over social and governance issues in their investment decisions. According to...
How Billie Eilish is Helping Fans Travel Sustainably Billie Eilish, in collaboration with Google Maps, is encouraging her fans to make more environmentally conscious choices while attending her upcoming HIT...
Fortescue and Liebherr’s Ambitious Partnership Fortescue has signed a $2.8 billion deal with Liebherr to jointly develop 475 zero-emission machines, marking a major leap towards carbon-free mining. The partnership includes...
Investors Push for Global Reporting Standards Global investors are calling for companies to voluntarily apply the International Sustainability Standards Board (ISSB) Standards, even in the absence of regulatory requirements. This...
Key Impact Points: The third annual Earthshot Innovation Summit, in partnership with Bloomberg Philanthropies, has proudly announced its latest cohort of finalists for The Earthshot Prize 2024. These innovators, hailing...
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...
L&T expands sustainable financing portfolio Indian multinational Larsen & Toubro (L&T) has secured a $700 million Sustainability-Linked Trade Facility (SLTF) with Standard Chartered, advancing its access to capital tied to...
In this week’s ESG News Week In Review: China announced its first absolute emissions cut target for 2035, while the EU delayed supply chain deforestation rules by a year. California...
Oxford spin-out attracts global capital OXCCU, a University of Oxford spin-out developing sustainable aviation fuel from waste carbon, has raised $28 million in an oversubscribed Series B round. The financing...
Amsterdam bets on flexible carbon capture Dutch climate tech company Brineworks has raised €6.8 million (US $7.3 million) in fresh funding to advance a new form of Direct Air Capture...
Toronto is set to host its first-ever Toronto Climate Week (TOCW) from October 1–3, 2025, a grassroots initiative designed to unite climate action with culture, innovation, and community. The event...
Shipping and logistics giants DHL Global Forwarding and Hapag-Lloyd have deepened their collaboration on decarbonization, signing a three-year framework agreement that expands the use of sustainable marine fuels across Hapag-Lloyd’s...
Brussels Pushes Back Deadline The European Commission will delay implementation of the EU’s landmark deforestation law by another year, citing fears that its digital infrastructure cannot handle the compliance load....
Sacramento sets scope for sweeping disclosure regime California regulators have published a list of more than 4,000 companies that must begin disclosing greenhouse gas emissions and climate-related financial risks under...
Levi Strauss pushes renewable energy deeper into its supply chain Levi Strauss & Co. has unveiled a new initiative with Schneider Electric to accelerate renewable energy adoption among its supply...
Brussels Pushes Forward on SME Reporting Infrastructure The European Financial Reporting Advisory Group (EFRAG) has published two reports cataloguing more than 320 digital tools and platforms designed to help small...
Technology Enters Procurement’s Carbon Blind Spot Watershed has introduced a new AI-powered tool aimed at one of the most persistent challenges in corporate climate strategies: measuring and reducing Scope 3...
The PRI Awards 2025 celebrated innovation and impact across six main categories — nature, climate, human rights, responsible investment strategy, system stewardship, and communication — alongside three special awards. More...
Dallas Announcement Sets New Direction Frontier Infrastructure Holdings LLC has launched what it calls the first full-scale carbon management platform tailored for North America’s ethanol sector. In partnership with bioenergy...
London greenlights flagship CCS contracts Britain has signed contracts for two commercial-scale carbon capture and storage (CCS) projects, a step aimed at curbing emissions from some of the country’s most...