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Tag: Net Zero
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...
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...
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...
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...
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...
The Biden-Harris Administration, through the U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED), has announced plans to provide up to $1.8 billion in funding to support the growth...
Climate Asset Management (CAM) announced the final close of its Natural Capital Fund and Nature-Based Carbon Fund, raising over $1 billion. Partnering with Apple’s Restore Fund, the funds focus on...
Meta’s 2024 Responsible Business Practices Report highlights our commitment to minimizing negative societal impacts while maximizing positive contributions. Themed “Unlocking Potential,” it showcases our progress across transparency, sustainability, and empowerment...
ING has released its Climate Progress Update 2024, highlighting how it engages with clients in transitioning to a low-carbon economy. The update reflects ING’s commitment to steering the most carbon-intensive...
SBTi Expands Corporate Net-Zero Standard to Refine Emission Neutralization The Science Based Targets initiative (SBTi) is advancing its efforts to help companies achieve net-zero by revising its Corporate Net-Zero Standard....
Meta (META.O), the parent company of Facebook and Instagram, has agreed to purchase up to 3.9 million carbon offset credits from BTG Pactual’s forestry arm in Latin America by 2038....
More than 530 financial institutions, managing over $29 trillion in assets, are pressuring governments worldwide to take decisive action on the climate crisis. In a joint statement ahead of COP29,...
The Commission’s Approval The European Commission has approved Poland’s €1.2 billion (PLN 5 billion) state aid scheme, designed to drive investments in sectors crucial for the shift to a net-zero...
HSBC Asset Management (HSBC AM) expands its private credit capabilities by launching the Global Transition Infrastructure Debt and European Senior Direct Lending strategies, further scaling its USD 6.5 billion global...
The 2024 UK Net Zero Business Census sheds light on the nation’s progress toward reducing carbon emissions. The study, which is the largest of its kind, surveyed over 2,000 businesses,...
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