ESG News

ICE’s research on identifying and quantifying potential Avoided Emissions has highlighted how climate opportunities can be found in unlikely sectors and companies outside of the obvious candidates. Our approach, highlighted in a Whitepaper by ICE and EcoFin Investors, aims to help investors not only manage climate risks, but also identify investment opportunities (See Making an […]

Morgan Stanley revealed the introduction of a new range-based approach to its financed emissions reduction targets, introducing a new lower band to reflect the fact that the global economy and policy is not currently on track to with the ambition to limit the global temperature increase to 1.5°C above pre-industrial levels, which was the basis […]

This week in ESG news: EU carbon pricing scheme funds over $5 billion of decarbonization projects; MSCI appoints new head of climate and ESG business; Hong Kong banks told to disclose climate risks, target net zero lending; SEC charges WisdomTree for not following sustainability criteria in ESG funds; Morgan Stanley signs DAC carbon removal agreement; […]

Microsoft announced a new agreement for the removal of up to 350,000 tonnes of CO2 from the atmosphere over ten years with marine carbon dioxide removal (mCDR) provider Ebb Carbon. Founded in 2021 by former Tesla, SolarCity, and Google X executives, Ebb Carbon provides a solution aimed at enhancing the natural ability of the ocean […]

Water management and services provider Saur announced that it has priced its inaugural blue bond for €550 million to finance initiatives related to sustainable water management. Based in France, Saur operates in 20 countries, with services including providing drinking water, purifying wastewater, and developing water management infrastructure. The company is the first French corporate and […]

The Hong Kong Monetary Authority (HKMA), Hong Kong’s central banking institution, announced the launch of its Sustainable Finance Action Agenda, setting out a series of finance sector-focused targets and planned actions to support green and sustainable financing needs to support the low carbon transition and to establish Hong Kong as a “sustainable finance hub” in […]

Mercedes-Benz announced today the opening of a new battery recycling plant in Kuppenheim, southern Germany, creating “a genuine circular economy,” according to the company, with a 96% recovery rate, and the ability to recover key materials such as lithium, nickel and cobalt in a way which is suitable for use in new batteries for future […]