Key Impact Points Aviva Investors Launches Carbon Removal Fund Aviva Investors has launched an innovative Carbon Removal Fund (CRF) that offers institutional investors access to a range of high-integrity carbon...
Greenwashing Fears in Sustainability Reporting: CFOs and Investors Sound Alarm Concerns over the credibility of sustainability claims are growing, with 55% of CFOs surveyed in EY’s 2024 Global Corporate Reporting...
Key Impact Points: KPMG in Singapore and ACCA have introduced an innovative ESG learning programme aimed at equipping both accountants and non-accountants with future-ready skills in environmental, social, and governance...
In this video, Ceres Program Director Dan Saccardi joined ESG News CEO Matt Bird to discuss recent trends in ESG and corporate sustainability, identifying a move from goal setting to...
Comcast Corporation has fully allocated its $1 billion green bond, as outlined in its 2024 Green Bond Report, with $995 million in net proceeds directed toward projects that enhance sustainability....
Key Impact Points: The private equity (PE) industry is steadily advancing its sustainability efforts, driven by increasing investor expectations and the commercial benefits tied to ESG initiatives. With over $8.7...
Key Impact Points: A New Path to Net Zero SAP SE has teamed up with Ambipar, a global leader in environmental solutions, to launch “Net Zero as a Service.” This...
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...
The Government of Canada has successfully re-opened its second Canadian-dollar-denominated green bond, raising an additional $2 billion. This re-opening of a 10-year bond is part of Canada’s commitment to regular...
Key Impact Points: Capgemini has officially expanded its partnership with sustainability leader Sustaira into a Global Alliance during Climate Week NYC 2024. This collaboration, announced shortly after the launch of...
Key Impact Points: Microsoft Cloud for Sustainability Expands with AI Enhancements: To speed up sustainability progress, Microsoft has expanded its AI capabilities in Microsoft Cloud for Sustainability, focusing on key...
Key Impact Points: The European Mortgage Federation – European Covered Bond Council (EMF-ECBC) and the Climate Bonds Initiative (Climate Bonds) have joined forces to certify bonds aligned with the European...
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: Tata Power, India’s leading integrated power company, announced a transformative investment of approximately ₹1.2 trillion ($14.32 billion) over the next decade in Rajasthan. This initiative, unveiled during...
Ferrari accelerates its transition to renewable energy by shutting down the trigeneration plant at its Maranello factory, advancing its decarbonisation efforts three months ahead of plan. Early Shutdown Drives Emission...
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: SEC Disbands Climate &...
Key Impact Points: ERM has partnered with CEEZER to create the ERM Carbon Credit Portal, enabling businesses to purchase and retire carbon credits efficiently. The portal, integrated with ERM’s carbon...
Key Impact Points: Bank of America’s Carbon Capture DealBank of America is making a significant move into carbon capture, investing $205 million in a first-of-its-kind tax credit deal with Harvestone...
The Center for Sustainability and Excellence (CSE) proudly unveils the agenda and an exceptional lineup of keynote speakers for its highly anticipated 2024 Sustainability & ESG Leadership Summit, taking place...
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...
For more from Tim Mohin, sign up for his newsletter here Get out your green eye shades….the next battleground for climate and sustainability is the fast paced world of accounting. For...
Forbes Middle East has announced its fourth annual list of the Top 100 CEOs in the region, shining a spotlight on the leaders driving success across diverse industries. This year’s...
Standard Chartered has unveiled an innovative ESG-linked Cash Account, designed to reward corporate banking clients who achieve significant environmental, social, and governance (ESG) goals. This new offering ties credit balance...
Key Impact Points: Tesla’s Musk Makes the Case for Sustainable Energy with Trump Tesla CEO Elon Musk engaged in a two-hour conversation with former President Donald Trump, discussing the future...
World ESG Summit Dubai Overview The World ESG Summit Dubai is thrilled to announce its much-anticipated return for a ground-breaking two days in 2024! Mark your calendars for August 20-21 as Dusit Thani,...
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...
For more from Tim Mohin, sign up for his newsletter here Kamala Harris has a long history of supporting climate policy. This week’s announcement of Minnesota Governor Tim Walz as her running mate further...
Corporate Sustainability vs. Employee Priorities In the Middle East, while companies focus heavily on ESG and sustainability, employees are more concerned with personal benefits such as fair pay and career...
Leveraging Technology in ESG Global capability centres (GCCs) are driving ESG initiatives with over 1,600 centers in India, expected to reach 1,900 by 2025, hitting a market size of $60...
The EU has introduced a comprehensive law aimed at enhancing the sustainability of products in the market. The new Ecodesign for Sustainable Products Regulation expands on the existing Ecodesign Directive,...
Key Impact Points: SBTN Launches Updated Target-Setting Guide for Corporate Sustainability In a significant move towards advancing corporate sustainability, the Science Based Targets Network (SBTN) has unveiled its latest suite...
Schneider Electric, the global leader in digital transformation of energy management and automation, is proud to announce major enhancements to EcoStruxure™ Resource Advisor, a versatile enterprise software suite of solutions designed...
Lidl, one of the largest retailers, and WWF, a leading conservation organization, have announced a five-year international partnership active in 31 countries. This strategic alliance will enhance Lidl’s value chain,...
IBM’s Maximo Application Suite 9.0 introduces AI-powered features to enhance asset lifecycle management. These innovations aim to reduce costs, improve reliability, and support sustainability initiatives. Key features include work order...
In today’s ESG landscape, we are seeing more companies setting new carbon emissions reductions targets, such as committing to net-zero targets and science-based targets (SBTs). In fact, the number of...
Key Impact Points: In California, climate change hits hardest in the most vulnerable communities. A new $10 billion climate resilience bond on the November 2024 ballot aims to change that,...
Over the last few years, Europe’s “green deal” produced a plethora of sustainability policies. It seemed like every week, we reported on a new, far-reaching, world-leading sustainability regulation. Now that...
Key Impact Points: The KPMG 2023 CEO Outlook highlights the growing importance of sustainability in business. More than two-thirds of global CEOs have fully integrated ESG (Environmental, Social, and Governance)...
Key Impact Points: Sumitomo Corporation has updated its material issues and policies to align with its goals for sustainable growth and addressing social challenges, particularly climate change. These updates reflect...
Key Impact Points: China has announced plans to establish a comprehensive carbon footprint management system by 2027. This ambitious initiative aims to track and reduce carbon emissions across various industries,...
By Michael Fabiano and Matt Bird, April 26, 2024 Mary de Wysocki, Chief Sustainability Officer at Cisco, shares insights into the company’s approach to adaptation, its impactful attributes, and the evolving role of...
Eurazeo, a leading global investment company, has announced the launch of a new impact buyout fund dedicated to addressing planetary boundaries. The fund targets raising €750 million, focusing on investments...
Key Impact Points: Sport England has unveiled its first Sustainability Strategy, “Every Move,” requiring major sports organizations to develop robust sustainability plans by 2027 to secure funding. Chris Boardman, Sport...
As the global community intensifies efforts to combat climate change, the importance of net-zero emissions targets has come into sharp focus. These targets, which aim to balance the amount of...
Technology will be critical to fulfill upcoming sustainability regulations; most executives say improvements are needed to existing systems New research from Bain & Company, published, finds just 24% of companies say...
Fashion, a dynamic and ever-evolving industry, holds immense power to influence culture and consumption patterns. However, its rapid growth often comes at a significant environmental and social cost. In recent...
The first quarter of 2024 has been a period of notable shifts in the landscape of global sustainable funds. Amidst varied economic signals and evolving regulatory frameworks, these funds have...
Report Announces Development of New Cutting-Edge Hybrid Locomotive, Safety Improvements, and Industry Recognition for Sustainability Union Pacific Railroad released its annual Building America Report, highlighting progress on key goals, including safety...
Newly-established Sustainable AI Policy Principles aim to guide advocacy with regulators and lawmakers Five nonprofits will develop AI-focused climate solutions with Salesforce support, prioritizing mitigation, adaptation, resilience, and finance Salesforce...
Exploring Nature Responsibly, One Cabin at a Time In the vast expanse of Southern Africa’s pristine landscapes, there lies a hidden gem: Stay Unique – Eco Cabins. Born from the...
Google’s Startups for Sustainable Development program is supporting startups working on sustainability efforts. The program, launched in November 2019, has grown to support more than 500 startups working on the...
Walmart and Sam’s Club are committed to making sustainable choices easier for everyone. Recognizing that 78% of consumers prioritize sustainability, the company leverages its vast reach to offer various solutions....
At the Our Ocean Conference in Greece, the European Union is confirming its strong engagement for international ocean governance by announcing 40 commitments for action for 2024. These actions will be funded by €3.5 billion from...
Mastercard’s 2023 Environmental, Social and Governance Report details how the company is activating its network, services, products, and partnerships to fulfill its commitment to social good. The report highlights progress...
This Earth Month, and every month, Target celebrates how sustainability strengthens its business and communities, while delivering a more joyful and meaningful experience for guests. From designing its owned brands...
LyondellBasell published its annual sustainability report titled, Everyday Sustainability. The publication offers an in-depth review of the company’s progress over the last year toward establishing itself as an industry leader...
Tokyo-based banking group Mitsubishi UFJ Financial Group (MUFG) unveiled a significant commitment to sustainability. The company announced a nearly threefold increase in its 2030 sustainable finance target, alongside the establishment...
The dedicated team behind Brent Floating Farms is working hard to combat devastating environmental damage caused by current agricultural methods, as well as the vast myriad of major challenges faced...
Nature Action 100, the first global investor engagement initiative to address the urgent crisis of nature and biodiversity loss around the world, has published a new field guide to equip...
Furthering its environmental promise, Starbucks verifies 6,000 Greener Stores in more than 40 markets globally Company awards six new Greener Stores of the Year across international regions, celebrating stores at...
At its third annual ESG Conference, Mercedes-Benz demonstrates commitment to achieving ambitious and measurable goals. Driven by tomorrow and a clear focus on the entire value chain, Mercedes‑Benz firmly embeds...
Oracle announced Oracle Cloud EPM for Sustainability, a new solution in Oracle Fusion Cloud Enterprise Performance Management (EPM) that helps organizations efficiently measure and effectively manage sustainability initiatives. The new solution will help...
2023 Non-Financial Report: further progress on sustainability “In 2023 we proved the strength of our Global Hausbank and its value for clients,” said Christian Sewing, Chief Executive Officer. “Business growth,...
Workiva Inc., the company powering transparent reporting for a better world, applauds the climate disclosure rules introduced by the U.S. Securities and Exchange Commission. These new rules enhance and standardize...
The Energy Secretary has taken a common-sense decision to shore up the UK’s energy supply as the nation transitions to net zero. In a plan set out, the government has...
Nestled in the Munich suburb of Unterschleißheim, Germany, lies the BMW Group Recycling and Dismantling Centre (RDC), a facility with a twofold mission: serving as the nation’s leading car recycler...
ISS-Corporate, a leading provider of compensation, governance, cyber risk monitoring, and sustainability offerings to help companies improve shareholder value and reduce risk, released an analysis of key themes, trends, and...
AI is on everyone’s lips and it has entered into many business strategies and visions in hopes for more productivity and process efficiencies. With all things happening in (generative) AI...
Deutsche Bank has taken a significant step towards achieving its ambitious sustainability goals with the launch of its updated Sustainable Finance Framework. This comprehensive guideline outlines the bank’s approach to...
Medtronic, a leader in medical technology, has signalled a significant shift towards environmental stewardship with the appointment of its first Chief Sustainability Officer (CSO), Raman Venkatesh. This strategic move marks...
In Pittsburgh, Pennsylvania, as part of the fourth Investing in America tour, Vice President Kamala Harris and U.S. Environmental Protection Agency Administrator Michael S. Regan will announce over $5.8 billion...
New tool supports business learning and action on internal and public governance. The UN Global Compact, the world’s largest corporate sustainability initiative, announced the launch of its Transformational Governance Corporate Toolkit....
The Commission welcomes an agreement between the European Parliament and the Council on the most ambitious and comprehensive reform of the EU’s economic governance framework since the aftermath of the...
Investec Alternative Investment Management (IAIM), the European mid-market private credit manager, has appointed Alicia Forry as Head of ESG, Alternative Investments. IAIM is an alternative investment platform focused on private...
AXA Investment Managers (AXA IM) today announces the appointment of Nicolas Deschamps as Global Head of Product and Client Strategy at AXA IM Core, already effective. Based in Paris, Nicolas reports to Hans Stoter,...
Archroma, a global leader in specialty chemicals towards sustainable solutions, has made its revolutionary AVITERA® SE technology accessible to more brands and mills with the launch of AVITERA® SE GENERATION NEXT for...
Key takeaways Why this research matters Deloitte’s annual “Global Human Capital Trends” report has its finger on the pulse of the most pressing issues for organizations, leaders and workers. The...
LeapCharger Corporation (OTC: LCCN) (“LeapCharger” or the “Company”), an electric vehicle (EV) charging company with disruptive and innovative technology providing eco-friendly and sustainable solutions, is pleased to announce the appointment...
For a more sustainable and resilient food system, MEPs support a simpler process for NGT plants equivalent to conventional plants, while others must follow stricter rules. Parliament adopted its position...
The United States Postal Service (USPS) announced a set of new, ambitious sustainability targets for fiscal year 2030 to reduce greenhouse gas emissions and waste at every level of the organization’s operations....
BBVA set a record annual figure for sustainable business in 2023: €70 billion, up 39 percent on the figure reported in 2022, as sustainability now permeates all segments and because...
Investment Managers (AXA IM) announced the appointment of Thomas Coudert as Head of Sustainability, Core Investments, effective immediately. Based in Paris, Thomas reports to Marion le Morhedec, Global Head of Fixed Income and member...
An initiative of WBCSD’s Global Network partner in Brazil, CEBDS, in partnership with Report Group, seeks to increase the effectiveness of reports. Aspects such as ease of access to information,...
Following Suni Harford’s decision to retire from UBS, Aleksandar Ivanovic will join UBS’s Group Executive Board as President Asset Management and Beatriz Martin Jimenez will become the GEB Lead for...
The European Financial Reporting Advisory Group (EFRAG) has launched a public consultation on two draft sustainability reporting standards for small and medium-sized enterprises (SMEs): the Exposure Draft ESRS for listed...
Key highlights: Deloitte and Circle Economy Foundation released the Circularity Gap Report 2024, finding the vast majority of extracted materials entering the economy are virgin, with the share of secondary materials declining steadily...
83% plan to increase investments in digital tools and technology, in particular AI as a driver of innovation and revenue growth, in the next 12-18 months. 52% intend to do...
We are piloting our brick take-back service LEGO® Replay in the UK and inviting fans to join us as we test how to bring playful learning to more children, and...
Sustainability reporting practitioners that use the GRI Standards can now take advantage of a new learning course that provides the know-how to better integrate the European Sustainability Reporting Standards (ESRS)...
Key Impact Points: CES® 2024 closed, after an exhilarating week that set the technology narrative for the year ahead. With 4300+ exhibitors, including a record 1400+ startups from around the globe...
Key Impact Points: Flexstone Partners (Flexstone), an affiliated investment manager of Natixis Investment Managers, managing more than $10 billion in assets focused on lower, middle market buyouts, growth equity, and...
Key Impact Points: Our youths play a crucial role in the journey towards a net-zero world. With their passion and fresh perspectives for a greener future, they are set to...