Tag: ESG News
U.S. Environmental Protection Agency (EPA) launched $4.6 billion in competitive grants to fund state, local, and Tribal programs and policies that cut climate pollution, advance environmental justice, and deploy clean...
The European Investment Bank (EIB) has signed an agreement to co-finance the construction of Poland’s first offshore wind farm — one of the largest in the world — with a...
Isabel Richter takes over as team manager for global sustainability communications. Effective 1 September 2023, Isabel Richter became the Head of Sustainability Communications at the BMW Group, with responsibility for...
TotalEnergies and European Energy have agreed to jointly develop, build and operate in a 65/35 joint-venture at least four GW of onshore renewable projects in multiple geographies. The partnership aims...
Lightsource bp, a global leader in the renewable energy sector, has entered into a solar power purchase agreement (PPA) with Microsoft in Poland – the first PPA for both companies...
A failed energy transition might reduce global GDP by as much as $6 trillion per year by 2050. A group of institutional investors with over $11 trillion in assets under management, including Allianz...
Video Archives Now Available: ESG and sustainability head Marisa Drew of Standard Chartered, one-on-one interview with Show Host, Ketan Patel, “Force For Good”. ESG News releases Marisa Drew Chief Sustinabilty...
The regional conference on Corporate Sustainability and Environmental Rights in Asia will bring together selected business leaders, investors, policy makers, academics and civil society champions to exchange views on the role of...
Gain new insights. Make transformative connections. Turn ideas into ACTIONS. Sustainable Brands is the global event for regenerative brands and leaders. Join us at SB’23 San Diego, Oct. 16-19 as we...
The Bloomberg Sustainable Business Summits bring together business leaders and investors globally to drive innovation and scale best practices in sustainable business and finance. Amid economic uncertainty, geopolitical challenges and...
The International Energy Agency will host the first ever international summit on critical minerals and their role in clean energy transitions on 28 September 2023 in Paris. The IEA Critical Minerals...
GE HealthCare released its inaugural Sustainability Report, which describes the steps the Company has taken to establish its stand-alone environmental, social, and governance (ESG) practice and infrastructure, as well as how...
TotalEnergies has announced the building of a new mechanical recycling unit for plastic waste at its Grandpuits site southeast of Paris. This new investment follows those announced in June 2023...
New text classification capabilities can help to automatically categorize thousands of lines of spend data using natural language processing (NLP) IBM (NYSE:IBM) announced it can help organizations accelerate the capture,...
Video Archives Now Available: UN Global Compact, Vice Chair Paul Polman’s one-on-one interview with Show Host, Ketan Patel, “Force For Good”. ESG News releases Paul Polman Former Unilever CEO one-on-one...
Citizens Financial Group, Inc. (CFG), a commercial lender, announced $50 billion in sustainable finance target which includes a $5 billion in green financing, by 2030. The company aims to finance...
Nasdaq (Nasdaq: NDAQ) announced its Capital Access Platforms division has launched two new offerings designed to help corporates and investors better streamline their sustainability and impact investing journeys. Nasdaq Metrio™ is...
ExxonMobil’s latest milestone in carbon capture and storage (CCS) comes from the UK North Sea, where we were a winner in the UK’s first-ever carbon storage licensing round. ExxonMobil’s Low Carbon...
HSBC Holdings, one of the world’s largest banks, has announced plans to allocate $1 billion in financing to support climate-tech startup companies around the world. The financing is expected to...
Citigroup (C), BNP Paribas, and Standard Chartered are considering financing a $15 billion program to protect Indian Ocean habitats, Bloomberg reported, citing Thomas Sberna of the International Union for Conservation...
The Funding Will Fuel Denominator’s Leading Market Position and Expand the Pioneering Work to Create Transparency Around DEI Worldwide Denominator, the leading provider of data-driven solutions for promoting transparency in...
EUR15 million endowment fund aimed at communities facing greatest disaster risk presented at Climate Week NYC L’Oréal announced a new EUR15 million endowment fund to support vulnerable communities to develop greater resilience in the face of climate disasters. The...
Germany is on track to generate over 50% of its power from renewable energy in 2023, but needs to ramp up the speed of its transition towards the end of...
Canada’s clean technology industry is at risk of losing C$50 billion in investments due to delays in implementing promised government incentives, according to industry groups. Prime Minister Justin Trudeau’s government...
California Governor Gavin Newsom said he would sign legislation that would require large companies to disclose their carbon footprints, potentially putting the state ahead of federal regulators on managing corporate...
Norway’s $1.4 trillion sovereign wealth fund, the world’s largest, has tightened its climate risk demands on companies it invests in. The fund, which pools the Norwegian state’s revenues from oil...
Platts, part of S&P Global Commodity Insights, the leading independent provider of information, analytics and benchmark prices for the commodities and energy markets, announced it is launching first-of-kind price assessments for...
The global Science Based Targets initiative (SBTi) has launched a new strategy to increase ambition in targets that corporations set to combat climate change. Until now, SBTi has called on firms to...
Mercedes-Benz signs an agreement with Steel Dynamics, Inc. (SDI) to source more than 50,000 tonnes of CO2-reduced steel annually for its plant in Tuscaloosa, Alabama, marking another crucial milestone towards decarbonizing...
Flix and Scania announce a long-term partnership to enable more sustainable long-distance travel. The two companies see this cooperation as an opportunity to accelerate the transition to sustainable mobility by...
Oracle is introducing new healthcare-specific capabilities to Oracle Fusion Cloud Applications Suite to help healthcare organizations increase financial visibility, build more resilient supply chains, and improve patient care. The new capabilities will...
KCSA Bolsters Leading Cannabis and Psychedelics Practices with Industry Veterans KCSA Strategic Communications (“KCSA” or the “Firm”), a leading integrated communications firm, announced an expansion of the senior leadership team within...
A new report identifies six solution areas that can essentially address the UN SDGs and can over-deliver relative to the targets if rolled out at scale across the world. The...
If you’re en route to South Africa for the upcoming ESG Africa Conference and the highly anticipated Morningstar Investment Conference South Africa 2023 , why not indulge in a captivating detour...
South Korea’s leading chemicals producer LG Chem and Italian energy group Eni Sustainable Mobility jointly announced that they are exploring the possibility to develop and operate a new biorefinery at...
MEPs approved a new law to increase the uptake of sustainable fuels, such as advanced biofuels or hydrogen, in the aviation sector. The RefuelEU aviation rules are part of the “Fit...
Novo Holdings, which controls 77% of the votes in what is now Europe’s most valuable company, will invest about 2 billion kroner ($290 million) in a new energy transition fund, expanding...
Lloyd’s, the world’s leading marketplace for insurance and reinsurance, announces a new collaboration with Moody’s Analytics to develop a solution that will help to quantify greenhouse gas (GHG) emissions* across...
The Rockefeller Foundation announced that it will invest over USD 1 billion over the next five years to advance the global climate transition and help ensure everyone can participate in...
The vast majority (94%) of business leaders still view the Sustainable Development Goals (SDGs) as a unifying global vision but achieving them requires the private sector to focus on the...
Solving the most pressing challenges for people and planet is smart business. At Climate Week 2023, Deloitte is hosting events to help guide organizations through the complexities of the ever-changing...
Greenhouse gas (GHG) accounting is experiencing unprecedented expansion. With increasing regulatory pressure — for example, the United States Securities Exchange Commission’s (SEC) proposed climate risk disclosure rule and the European...
Innovations & Solutions for a Better Planet As the world continues to move towards a more sustainable future, the need for action and transformative leadership has never been more urgent....
Net Zero value chains Enabling collaboration to unlock value chain decarbonisation at scale For many companies, Scope 3 emissions account for more than 75% of their carbon footprint – rising to...
S&P Global Ratings has updated its analytical approach for use of proceeds Second Party Opinions (SPOs) following its December 2022 acquisition of Shades of Green from the CICERO climate research foundation. The...
Mars Will Cut Carbon in Half – or by roughly 15 million metric tons – by 2030 Across Full Value Chain and Will Continue Investing in Climate Action Despite Weaker...
SHEIN, a global, integrated, fashion and lifestyle marketplace (“SHEIN Marketplace”), announced that it is allocating an additional US$85 Million over five years towards initiatives that support the “Equitable Empowerment” pillar...
As part of the drive to decarbonize its European refineries, TotalEnergies is launching a call for tenders for the supply of 500,000 tons per year of green hydrogen. The use...
Less than a week before the start of Climate Week NYC, GE Vernova’s Digital business announced the early limited release of CERius™, a carbon emissions management software designed to help energy...
The official launch of the Green Digital Economy Platform (GDEP), an innovative international initiative was announced. The launch, endorsed by Dr. Moeldoko, Indonesia’s Presidential Chief of Staff, is a significant step for Indonesia and...
SGX Group and BlackRock are taking the lead in helping investors reach their low carbon transition objectives with the listing of iShares MSCI Asia ex-Japan Climate Action ETF. SGX, with...
Apple announced expanded progress to decarbonize its global supply chain, with more than 300 manufacturers now committed to using 100 percent clean energy for their Apple production by 2030. New...
UNITE. FOCUS. ACT. Welcome to the 2023 FUTURE OF CLIMATE SUMMIT, which is designed to unite world-leading thought leaders, green innovators and values-aligned investors to co-steward solutions that support a...
The Purpose Driven Innovation Ecosystem (PDIE) Group, the No. 1 Earthshot Prize nominator, and Sublime Communications, a leading communications agency known for driving hyper-growth, will be kicking off the first in its...
The Morningstar Investment Conference is built around cutting-edge research, insights that bubble up the key messages of that research, and analysis that spots trends and patterns to help you see...
Once operational, the 740 MW solar farm will generate enough clean, renewable electricity to power up to 200,000 homes, making it one of the largest solar farms in the country....
Ingka Group, the largest IKEA retailer, announces it has signed an agreement with H2 Green Steel for the delivery of green steel, to be used in IKEA warehouse racking. The...
Deutsche Bank and the European Investment Bank (EIB) are entering a new cooperation to support mid-sized companies with their sustainable transformation ambitions. Firms with between 250 and 3,000 employees will...
As part of Nestlé’s 2050 net zero roadmap and its work to spark regenerative agriculture, the company tests many new, innovative ideas. Those that prove effective and scalable are rolled...
Apple® announced its first-ever carbon neutral products in the all-new Apple Watch® lineup. Innovations in design and clean energy have driven dramatic reductions in product emissions of over 75 percent...
Cemvita designs synthetic microbes that have the potential to convert CO2 into sustainable aviation fuel (SAF) Cemvita Corporation announced an offtake arrangement with United Airlines for up to 1 billion gallons of...
Zurich Resilience Solutions, the commercial risk advisory and services unit of Zurich Insurance Group (Zurich), and KPMG Switzerland, a leading professional services firm, have formed a strategic collaboration to offer...
EU Parliament voted to boost the deployment of renewable energy, in line with the Green Deal and REPowerEU plans. The update of the Renewable Energy Directive (RED), already agreed upon...
Chevron U.S.A. Inc., through its Chevron New Energies division, announced it has closed a transaction with Haddington Ventures to acquire 100% of Magnum Development, LLC (Magnum Development) and thus a...
There is currently a limited supply of high-quality credits in the spot market. Earth observation data is enabling a new generation of high-quality, nature-based projects that give buyers the opportunity...
Conference objectives Explore a range of new impact and sustainable investment strategies Consider manager selection – and avoid greenwashing Understand the latest research on effective ESG data in different countries...
Alongside the SDG Summit 2023, during the UN General Assembly High-Level Week, this year’s UN Global Compact Leaders Summit will convene business leaders, UN officials, Government leaders, SDG stakeholders and civil society...
MSCI launches MSCI Sustainability Institute to drive progress on the role of capital markets in creating sustainable value MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services...
Melinda French Gates and Bill Gates call for urgent action to advance progress on the UN’s Sustainable Development Goals and shine a spotlight on reducing maternal and child mortality The Bill & Melinda...
Edelweiss Alternatives, part of Edelweiss group, said it has launched its maiden climate fund, which will invest in different ventures related to cleaner climate. The fund will have a corpus...
FedEx Corp. (NYSE: FDX) has launched a new tool, FedEx® Sustainability Insights (FSI), giving customers in select Asia Pacific, Middle East, and Africa (AMEA) markets* access to emissions information on...
E-commerce giant Amazon.com (AMZN.O) has revealed its first investment in direct air capture (DAC) technology, announcing its commitment to acquiring “250,000 tons of removal credits over 10 years,” as per...
A.P. Moller-Maersk, the world’s largest container shipping company, has issued a $750 million green bond to finance its decarbonization efforts. The bond, which matures in 10 years, will yield 1.65...
Investment will transform MINI Plant Oxford to an all-electric production site from 2030. Production of two new electrified models – MINI Cooper 3-door and MINI Aceman – will start in...
Salesforce (NYSE: CRM) announced more than $20 million in new grants to U.S. school districts, along with education and workforce development nonprofits preparing students for success. These grants come at...
Schneider Electric announced it is renewing its long-standing partnership with Habitat for Humanity International. Through the partnership, Schneider Electric will contribute nearly $800,000 in monetary donations along with electrical equipment to help...
Through an expanded agreement with Tesla, Hilton today announced that, beginning in early 2024, up to 20,000 Tesla Universal Wall Connectors are slated to be installed at 2,000 hotels in...
The International Finance Corporation (IFC) and Citi have agreed to launch a $300 million facility pilot under IFC’s newly established Global Supply Chain Finance Program (GSCF). The pilot will help...
The UK’s largest single climate funding commitment boosts GCF’s second replenishment and global climate action The Green Climate Fund (GCF) has welcomed the UK government’s announcement of a USD $2billion...
What to know Make the bold bolder. That’s the vibe of the new Nike ISPA Link Axis, Nike’s first exploration into creating a fully circular shoe, furthering its culture of...
Iconic companies across industries rise together to the urgent challenge of mobilizing suppliers on climate change Guidehouse, a leading global provider of consulting and managed services to commercial and public...
Iceland’s stunning landscapes and eco-friendly efforts have piqued our interest. A business trip to London, a well-placed ad offering a free stopover on Iceland Air and Labor Day Weekend created...
Union Pacific Corporation (NYSE: UNP) published its 2023 Green Bond Allocation and Impact Report, which outlines how proceeds from green bonds issued in September 2022 were used to help the railroad...
bp pulse, The EV Network (EVN), and NEC Group have unveiled the UK’s largest public electric vehicle (EV) charging hub on the NEC Campus in the West Midlands, officially opened...
Ken Murphy, CEO of Tesco, the UK’s largest retailer, has called upon political parties to uphold their net-zero commitments in preparation for the anticipated 2024 general election. Speaking at the...
Funding will enable locally led restoration of 600,000 hectares critical for climate and livelihoods The Bezos Earth Fund announces $22.8 million to accelerate the restoration of two African landscapes critical...
Euronext, the leading pan-European market infrastructure, announced the launch of a series of strategic ESG initiatives aimed at accelerating the transition towards sustainable finance. These innovative ESG services were unveiled...
The Global Green Bond Initiative (GGBI) and the Inter-American Development Bank (IDB) have partnered to support the development of green bond markets in Latin America and the Caribbean (LAC). The...
Microsoft’s purchase unlocks key project financing mechanism to dramatically scale and reduce the cost of Heirloom’s Direct Air Capture facilities Microsoft has signed a multi-year deal to purchase up to...
The investment arm of Ingka Group, the largest IKEA retailer, and Apex Clean Energy have partnered on a 16.4 MW battery storage project in Cameron County, Texas. The standalone lithium-ion...
Allianz is publishing its first comprehensive net-zero transition plan, which substantiates the company’s long-term strategic climate commitment to achieve net-zero emissions by 2050 in its proprietary investment and P&C underwriting...
The PepsiCo Foundation, National Urban League, and Greater Baltimore Urban League will host a culinary tasting event to celebrate the success of the Black Restaurant Accelerator Program (BRAP). The event...
Ecuador’s top court has suspended a decree that would have allowed environmental consultations prior to the licensing of industrial and mining projects. This has paralyzed investments worth $2 billion, according...
Agreement with Asian Development Bank helps small and medium sized companies scale up in the region The Asian Development Bank (ADB) and Deutsche Bank have signed a risk participation agreement...
StartOut and J.P. Morgan have unveiled the 12th cohort of LGBTQ+ owned companies to participate in the StartOut Growth Lab Accelerator. The five-month long program provides entrepreneurs with networking, mentorship,...
BBVA has invested 25 million dollars in a new round of financing from the venture capital fund Lowercarbon, which specializes in decarbonization. This new investment, added to a previous one...
Amplified by wildfires and desert dust fanned by climate change, more frequent heatwaves are leading to a sharp drop in air quality and human health, the World Meteorological Organization (WMO)...
Maersk ECO Delivery reduces global greenhouse gas (GHG) emissions footprints through certified low emission fuel for ocean shipping as an alternative to fossil fuels A.P. Moller – Maersk and Amazon...
What to know Nike believes that the power of sport can move the world forward. That taking action to create a better world — one that is more active, inclusive...
The United Arab Emirates (UAE) has committed $4.5 billion to significantly scale up renewable energy development in Africa to 15 gigawatts (GW) by 2030. The initiative is the first of...
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