ESG News

EU Commission Says Simplification of EUDR Deforestation Law will Cut Costs for Companies by 75%

EU Commission Says Simplification of EUDR Deforestation Law will Cut Costs for Companies by 75%

The European Commission announced today the release of its simplification review of the EU Deforestation Regulation (EUDR), its new law aimed at ensuring that products imported to or exported from EU markets no longer contribute to deforestation and forest degradation globally, revealing that simplification changes to the law since its introduction have reduced compliance costs […]

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ESG Today: Week in Review

ESG Today: Week in Review

This week in ESG news: Over 80% of companies sticking with climate goals – PwC report; France unveils plan to quit fossil fuels by 2050; 23 states warn Moody’s, S&P and Fitch over ESG in credit ratings; NYC pension funds say BlackRock, Fidelity not aligned on climate expectations; Meta to power data centers at night […]

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CIP Launches New European Renewable Energy Platform Following Ørsted Onshore Acquisition

CIP Launches New European Renewable Energy Platform Following Ørsted Onshore Acquisition

The companies announced the acquisition earlier this year, in a transaction valued at €1.44 billion (USD$1.7 billion). The transaction marked the completion of a major divestment program for Ørsted aimed at shoring up the company’s capital position, and part of its strategy to refocus on offshore wind in its core European markets. To a report […]

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