ESG News

Power Sustainable Raises $330 Million to Launch New Decarbonization Private Equity Strategy

Power Sustainable Raises $330 Million to Launch New Decarbonization Private Equity Strategy

Power Corporation of Canada’s sustainability-focused alternative asset management subsidiary Power Sustainable announced the launch of Power Sustainable Decarbonization Private Equity, a new strategy aimed at investing in middle-market companies that help future-proof critical sectors of the North American economy. The firm announced that it has already raised more than $330 million in commitments for the […]

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Dow, Google Partner to Use AI to Tackle Hard to Recycle Soft Plastics

Dow, Google Partner to Use AI to Tackle Hard to Recycle Soft Plastics

Chemicals and materials science giant Dow and Google’s breakthrough technologies initiative, X The Moonshot Factory, announced the launch of a new partnership aimed at improving the circularity of hard to recycle plastics such as films and flexibles, by using AI technology in recycling systems. According to the companies, the new collaboration comes to address a […]

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ESG: Zwangsarbeit in der Lieferkette frühzeitig entgegenwirken

ESG: Zwangsarbeit in der Lieferkette frühzeitig entgegenwirken

EcoVadis, eine Plattformlösung für Nachhaltigkeitsinformationen für globale Lieferketten, hat im April sein Produktportfolio um eine Lösung zur Verbesserung der Arbeitsbedingungen in globalen Lieferketten erweitert. Mit „EcoVadis Worker Voice“ erhalten Unternehmen EcoVadis zufolge Informationen über die Arbeitsbedingungen bei Lieferanten – und zwar direkt von denen, die es direkt betrifft: den Arbeitnehmern.

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ESG Today: Week in Review

ESG Today: Week in Review

This week in ESG news: IFRS eases climate reporting requirements for financial firms; MSCI study finds companies continuing to raise net zero ambitions; EU’s ESMA to regulate ESG ratings providers; new decarbonization-focused sustainable building standard by USGBC; BoE raises climate risk management expectations for banks; RBC scraps sustainable finance target due to new greenwashing rules; […]

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Ara Partners Raises $800 Million to Invest in Mid-Market Decarbonization Infrastructure Providers

Ara Partners Raises $800 Million to Invest in Mid-Market Decarbonization Infrastructure Providers

Industrial decarbonization-focused private equity investor Ara Partners announced that it has raised more than $800 million at the closing of the debut fund of its Ara Infrastructure strategy, and associated co-investment vehicles, aimed at investing in in mid-market decarbonization infrastructure assets. The fundraising significantly exceeded the fund’s $500 million target.

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H&M-Backed Syre to Build “Gigascale” Textile-to-Textile Recycling Plant in Vietnam

H&M-Backed Syre to Build “Gigascale” Textile-to-Textile Recycling Plant in Vietnam

Circular economy startup Syre announced that it has signed an agreement with the province of Binh Dinh, Vietnam with the intention to establish the company’s first “Gigascale” textile-to-textile recycling plant in the province. Founded in 2024, Syre was launched by fashion and design brands company H&M Group and impact-focused venture investor Vargas, to enable the […]

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Blue Yonder Acquires Pledge to Enhance Supply Chain Carbon Reporting Capabilities

Blue Yonder Acquires Pledge to Enhance Supply Chain Carbon Reporting Capabilities

Digital supply chain solutions provider Blue Yonder announced the acquisition of the business of logistics-focused climate data tech startup Pledge Earth Technologies, with the transaction aimed at enhancing Blue Yonder’s capabilities to help customers assess and reduce supply chain emissions. Founded in 2021, UK-based Pledge provides solutions enabling enterprises to calculate and report emissions across […]

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BoE Raises Climate Risk Management Expectations for Banks, Insurers

BoE Raises Climate Risk Management Expectations for Banks, Insurers

The Bank of England (BoE) announced today a series of proposals strengthening its expectations for banks’ and insurers’ management of climate-related risks, after finding that while improvements in this area have been made over the past few years, “progress is uneven and more needs to be done.” The new proposals would update the BoE’s initial […]

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