Global investment manager Schroders announced that it has been awarded a £5.2 billion (USD$6.3 billion) sustainable investment mandate by UK wealth manager St. James’s Place (SJP), as the new manager of the SJP Sustainable & Responsible Equity fund.
London’s Heathrow airport announced an increase in its Sustainable Aviation Fuel (SAF) incentive scheme, with plans to make £86 million (USD$104 million) available to airlines to help cut the price gap between SAF and traditional jet fuel, and to scale the use of SAF at the airport to 3% in 2025.
EU banking supervisor The European Banking Authority (EBA) announced the release of its final Guidelines on the management of ESG risks, setting out requirements for banks to identify, measure manage, and monitor ESG risks, and detailing requirements for banks’ plans to monitor and address the financial impact of risks, including those stemming from the EU’s […]
The U.S. Internal Revenue Service (IRS) announced the allocation of $6 billion in tax credits to more than 140 projects aimed at funding infrastructure projects that add to U.S. clean energy and critical materials production and industrial decarbonization capacity.
This week in ESG news: JPMorgan, Morgan Stanley complete exit of major U.S. banks from net zero coalition; Net Zero finance umbrella group shifts focus after banks leave; process launched to expand, simplify EU Taxonomy; SBTi appoints new CEO; Biden bans offshore drilling across major portion of U.S. coasts; shareholders target Shell over plans to […]
Neue Aktivitäten hinzugefügt: Zu den Vorschlägen gehören Kriterien für digitale Lösungen sowie den Abbau und die Verhüttung von Lithium, Nickel und Kupfer. Nachhaltige Finanzen vereinfachen: Die vorgeschlagenen Aktualisierungen zielen darauf ab, die EU-Taxonomie zu rationalisieren und die abgedeckten Aktivitäten zu erweitern. Fokus auf Benutzerfreundlichkeit: Die Überarbeitungen zielen auf klarere „Do No Significant Harm“-Kriterien (DNSH) ab, […]
BlackRock announced that it has decided to leave the Net Zero Asset Managers (NZAM) initiative, a major multi-trillion dollar group of investment managers committed to supporting the goal of net zero greenhouse gas emissions by 2050, marking a significant symbolic victory for anti-ESG politicians who had been threatening the investment giant over its participation in […]
Ocean data company XOCEAN announced that it has raised €115 million (USD$118 million) in a new funding round. The company said it will use the funds to expand its services globally, and develop new products and services, to address demand for high-quality data solutions across the blue economy.
Geneva-based testing, inspection and certification company SGS announced the acquisition of carbon and greenhouse gas (GHG) validation and verification services firm Aster Global Environmental Solutions, in a move aimed at expanding SGS’ sustainability services and solutions offerings.
Asset managers Cazenove Capital and Aegon Asset Management each announced plans to use the new “Sustainability Focus” label introduced by the UK Financial Conduct Authority (FCA)’s Sustainability Disclosure Requirements (SDR) for a series of funds, marking the latest step in the adoption of the regulator’s new sustainable investment fund labelling system.
The Platform on Sustainable Finance (PSF), an expert group mandated by the European Commission to advise it on the development of sustainable finance policies, announced the launch of a new consultation on a series of proposed updates to the EU Taxonomy, aimed at simplifying and expanding the classification system for defining sustainable economic activities.
Cleantech startup Karman Industries announced that it has raised an additional $7.5 million in VC funding – following a $4 million pre-seed financing announced in September 2024 – for its solutions aimed at decarbonizing manufacturing by addressing emissions from industrial heat. Industrial heat is essential to manufacture nearly all goods and commodities – from chemicals […]
Renewable energy investor, developer and operator Low Carbon announced today a new Power Purchase Agreement (PPA) with carbon removal project developer Deep Sky, enabling the company to power its first facility, Deep Sky Alpha, with 100% solar power.
Der Gebäudesektor hat seine Treibhausgas-Emissionen im vergangenen Jahr um 2 Mio. t. gesenkt. Das im Klimaschutzgesetz festgelegte Ziel wurde nach den Berechnungen des Think Tanks Agora Energiewende aber wieder verfehlt.
A group of institutional shareholders, alongside sustainable investment-focused organizations ShareAction and the Australasian Centre for Corporate Responsibility (ACCR), announced today the filing of a new shareholder resolution at Shell, calling on the company to provide more transparency regarding the consistency of its plans to significantly grow its production of liquefied natural gas (LNG) with its […]
