Tag: ESG News
China is accelerating its green transition, leveraging financial instruments to promote sustainable development. According to guidelines from the Communist Party of China Central Committee and the State Council, the focus...
Eni and Snam have launched Ravenna CCS, Italy’s first carbon capture and storage project, positioning it as a leading initiative in global carbon capture efforts. This project is a cornerstone...
EDP Renewables (EDPR) and Microsoft are taking significant strides towards clean energy in Singapore. Under a new 20-year agreement, Microsoft will purchase 100% of the renewable energy exported from EDPR’s...
The UK’s latest renewable power auction marks a significant step in reviving the offshore wind sector. Ørsted and Iberdrola were among the big winners, securing contracts for major projects like...
Amancio Ortega, the founder of Zara, is making waves in the renewable energy sector. His investment firm, Pontegadea, nearly tripled its investments in renewable energy projects last year, allocating €693...
A recent poll reveals that petrol car drivers have a poor understanding of electric vehicles (EVs), which is hindering the shift to cleaner, cheaper alternatives. The survey by YouGov for...
The energy crisis, exacerbated by Russia’s invasion of Ukraine, has led to soaring household bills and massive profits for some of the world’s largest energy companies. A new report by...
Nearly half of the UK’s largest companies have had to restate their climate and sustainability metrics this year, reflecting the increasing scrutiny and evolving standards in environmental, social, and governance...
AVPN, Asia’s largest network of social investors, has awarded $5 million in grants through its APAC Sustainability Seed Fund (SSF) 2.0. Supported by Google.org and the Asian Development Bank (ADB),...
Egypt’s Ministry of Electricity and Renewable Energy has approved a $900 million bid from the Abu Dhabi Future Energy Company (Masdar) to develop solar power plants in Upper Egypt, including...
European financial institutions are grappling with significant climate-related risks, leading to substantial financial losses and regulatory pressures. To address these challenges, the International Finance Corporation (IFC) has launched a groundbreaking...
TotalEnergies, a global energy company, has made a significant investment of $100 million in sustainable forestry to bolster carbon sequestration in the United States. The company partnered with Anew Climate,...
The EU and Angola have officially launched the Sustainable Investment Facilitation Agreement (SIFA), marking a significant step in fostering sustainable economic growth. This is the first-ever investment facilitation agreement by...
Texas is facing a legal challenge from the American Sustainable Business Council (ASBC), a nonprofit organization advocating for environmentally sustainable business practices. The lawsuit, filed on Thursday in Austin’s federal...
Wells Fargo is leveraging its scale to spearhead a shift toward sustainability. According to the August 2024 Climate Report, the bank is focused on decarbonizing its operations and helping customers...
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