This week in ESG news: SBTi backtracks on allowing use of carbon credits in corporate net zero plans; JPMorgan appoints new global head of ESG investment banking; CBRE acquires Singapore-based sustainability advisory firm; Air New Zealand drops 2030 climate goal; GRI, TNFD launch guide to help companies reporting on nature impact using both standards; Veolia […]
ESG News
Zuflüsse in ESG-Fonds erholen sich – allerdings nur in Europa
Das Blatt scheint sich zu wenden: „Nach Abflüssen in Höhe 2,9 Milliarden US-Dollar im ersten Quartal 2024 verbuchten nachhaltige Fonds und ETFs im zweiten Quartal Nettomittelzuflüsse von 4,3 Milliarden US-Dollar“, berichtet Hortense Bioy von Morningstar Sustainalytics aus dem neuen Morningstar Global Sustainable Fund Flows-Report.
JetBlue Purchases Sustainable Aviation Fuel for Use at New York’s JFK Airport
JetBlue and fuel provider World Fuel Services announced a new supply agreement for up to 5 million gallons of sustainable aviation fuel (SAF) for use at New York’s JFK airport, with deliveries beginning as early as the fourth quarter of 2024. According to the new agreement, World Fuel will supply blended SAF provided by Valero […]
Microsoft Purchases 80,000 Tons of Carbon Removals from U.S. Forest Management Project
Microsoft announced the purchase of 80,000 Tons of Carbon tons of carbon removals from the Northern California-based Western Rivers Conservancy’s Blue Creek Improved Forest Management Project, facilitated by climate solutions provider 3Degrees. Managed by Oregon-based non-profit conservation organization, Western Rivers Conservancy (WRC), the project generates carbon and sustainable timber revenue, rejuvenating old-growth habitat and improving […]
Austrian heat pump producer lands €8.5m European grant
Ecop’s rotation heat pump device enables industrial producers and municipalities to slash the use of fossil fuels for heating and save thousands of tonnes of CO2 per year.
Renewables Developer Avantus Secures $522 Million to Accelerate Solar and Storage Projects
Alternative asset and private equity investor KKR announced the completion of the acquisition of a majority stake in U.S. solar and storage developer Avantus that was announced in March. Concurrently, Avantus announced it has closed on a $522 million development facility arranged by KKR Capital Markets and Sumitomo Mitsui Banking Corporation (SMBC).
Integration von ESG-Aspekten in das Risikomanagement von Erst- und Rückversicherern
Marktstudie unter 25 europäischen Gesellschaften.
UK Sets Largest-Ever £1.5 Billion Budget for Renewable Energy Auction, Largely Targeting Offshore Wind
The UK government announced today that its budget for its renewable energy auction would be the largest in the country’s history, £1.5 billion (USD$1.93 billion), including £1.1 billion for offshore wind. The government said that this is an increase of £500 million, 50% more than the budget set in March and larger than all previous […]
Mit KI gegen CO₂
Mit KI und der Expertise des Startups aedifion nimmt BNP Paribas REIM die Dekarbonisierung seines Portfolios ins Auge. 60 Gebäude werden auf Effizienz und Nachhaltigkeit geprüft, um CO₂-Einsparungen zu realisieren. Die ersten Ergebnisse sind vielversprechend.
Fünf wichtige ESG-Themen, die Anleger auf dem Radar haben sollten
Die Faktoren, die im Bereich ESG von Relevanz sind, nehmen immer weiter zu, bemerkt Jessica Ground, Global Head of ESG bei Capital Group. Sie nennt fünf Entwicklungen, die Anleger auf jeden Fall im Blick haben sollten. Denn jedes dieser fünf Themen bringe bedeutende Chancen und Risiken mit sich, so die Expertin.
ArcLight Launches North America-Focused Renewables Investment Platform with $500 Million Commitment
Infrastructure-focused investment firm ArcLight announced the launch of SkyVest Renewables, a new operating focused renewables investment initiative targeting utility-scale wind and solar assets in North America. The new platform is being launched with an initial $500 million capital commitment from Arclight. According to the company, SkyVest will also augment ArcLight’s existing dedicated in-house operations resources […]
Google Sources Renewable Energy from Waste Wood to Power Singapore Data Center
Google announced a new 10-year agreement with power company PacificLight and renewable energy developer RExus Bioenergy to build a wood-to-waste plant in Singapore, and provide clean energy to Google to power its data center and operations in the region. The deal marks the latest in a series of renewable energy announcements for Google in Asia, […]
Slightly More than Half of Execs Believe AI Will Be Net Positive to Sustainability Progress: Salesforce Survey
Sustainability professionals are grappling with balancing the positive and negative aspects of their companies’ implementation of artificial intelligence on their climate and sustainability initiatives, with many worried about the environmental impact of the new technology, while also anticipating benefits ranging from AI’s ability to support supply chain management efforts to ESG reporting and regulatory compliance, […]
Veolia Becomes First Company with Net Zero Goals Validated by Both SBTi and Moody’s
France-based water and wastewater services and energy provider Veolia announced that its decarbonization targets have been approved by the Science Based Targets initiative (SBTi), and that its net zero transition plan has been rated as “Advanced” by international ratings agency Moody’s. The achievements make Veolia the first to obtain the double validation of its climate […]
Um Greenwashing zu verhindern: Esma deutet weitere Veränderungen an
In einer Stellungnahme schlägt sie mehrere Anpassungen vor, um Greenwashing zu bekämpfen. Die Europäische Wertpapier- und Marktaufsichtsbehörde (Esma) hat am 24. Juli ihre Stellungnahme zum Regulierungsrahmen für nachhaltige Finanzen veröffentlicht, in der sie mögliche langfristige Verbesserungen aufzeigt.