ESG / Impact News
Toyota Leads $28 Million Investment in EV Charging Software Startup WeaveGrid
EV charging software platform provider WeaveGrid announced that it has raised $28 million in a funding round led by Toyota’s growth fund, Woven Capital, with proceeds aimed at supporting the expansion of WeaveGrid’s platform, capabilities and relationships with automakers and utilities. Founded in 2018 by CEO Apoorv Bhargava and President John Taggart, California-based WeaveGrid provides […]
California Lawmakers Threaten Regulator over Delayed Enforcement of Climate Reporting Law
California State Senators Scott Wiener and Henry Stern, authors of recently-passed legislation requiring large companies to disclose their value chain emissions and report on climate-related financial risks, have sent a letter to the California Air Resources Board (CARB), threatening the regulator with legislative oversight hearings over its plans to delay enforcement of the new climate […]
SAP Launches Solution Enabling Companies to Track, Report Carbon Footprint of Products and Services
Leading enterprise resource planning (ERP) software company SAP announced today the general availability of SAP Green Ledger, a new carbon accounting solution aimed at enabling companies to track and report the carbon footprint of their products, services and business units. Initially unveiled in 2023, and forming part of SAP Sustainability solutions, the new solution provides […]
EU Adopts New Rules Requiring 100% Recyclable Packaging by 2030
EU member states in the European Council announced today that they have adopted a series of new rules aimed at significantly reducing packaging waste in the EU, including a goal requiring all packaging placed on the market to be recyclable by 2030. The approval by the Council marks the last major legislative step in the […]
Investmentprofil 2025: Wohin fließt das Kapital im neuen Marktumfeld?
Wie begegnen Investoren den makroökonomischen Unsicherheiten und dem ESG-Druck im kommenden Jahr? Fünf Experten liefern Einblicke und Prognosen.
Invesco Launches New Climate ETF with Record-Breaking $2.4 Billion Investment
Global asset manager Invesco announced the launch of the Invesco MSCI North America Climate ETF (KLMN), a new exchange traded fund aimed at helping investors to reduce exposure to greenhouse gas emissions and gain exposure to companies with science-based emissions reduction targets. The new ETF is being launched with a $2.4 billion investment by Finnish […]
ESG Today: Week in Review
This week in ESG news: California regulator gives companies an extra year to prepare for climate reporting obligations; Goldman Sachs exits net zero banking initiative; Switzerland to require companies to disclose net zero plans; Google enters $20 billion partnership to build data centers next to clean energy sources; Hong Kong mandates IFRS-aligned sustainability reporting; GRI […]
BCG Buys Over 50,000 Tonnes of Carbon Removals Spanning Broad Range of Technologies
Boston Consulting Group (BCG) announced that it has purchased 50,250 tonnes of certified carbon dioxide removals (CDRs) through CDR portfolio manager ClimeFi, to be delivered over the next two years, and spanning a broad set of carbon removal technologies. The agreement marks the second largest CDR purchase to date for BCG, following the company’s commitment […]
Canada Sets Goal to Reduce Greenhouse Gas Emissions by 45% – 50% by 2035
The Government of Canada announced a new climate goal, setting a target to reduce greenhouse gas (GHG) emissions by 45% to 50% by 2035, on a 2005 basis. While the government described the new goal as “the next step” in achieving its net zero by 2050, the target would represent only a minor reduction compared […]
Google Signs its Largest Ever Carbon Removal Deal to Capture CO2 in Crushed Rocks and Soil
Google announced today an agreement for the purchase of 200,000 tonnes of carbon removal credits, to be earned through capturing CO2 in crushed rock and storing it in soil, with enhanced rock weathering (ERW) startup Terradot. Google has also announced an equity investment in Terradot.
California to Give Companies an Extra Year Before Fully Enforcing New Climate Reporting Rules
The California Air Resources Board (CARB), the regulator charged with developing and enforcing new regulations requiring large companies to disclose their value chain emissions and report on climate-related financial risks, announced that it will ease emissions reporting requirements and not pursue enforcement action in the first year of reporting, in order to give companies more […]
Die ESG-Illusion: Wenn Investoren nur so tun als ob
Die Finanzbranche spricht gern über Nachhaltigkeit, doch eine neue Studie zeigt: Es bleiben meist nur Lippenbekenntnisse. Ein Meinungsstück.
ESG bleibt gefragt
Motivation für nachhaltiges Investieren ist in Europa hoch, an der Spitze liegt die Schweiz. In Deutschland knacken ESG-Fonds die Billionen-Euro-Marke.
Stellantis, CATL to Build $4.3 Billion Battery Plant for Affordable EV Models
Chrysler, Dodge, Jeep, and Citroen parent Stellantis and China-based energy solutions company CATL announced the launch of a new joint venture, with an agreement to invest up to €4.1 billion (USD$4.3 billion) aimed at building a large-scale EV battery plant in Spain.
Hong Kong to Require IFRS-Aligned Sustainability Reporting Starting in 2025
The Hong Kong government announced the release of its Roadmap on Sustainability Disclosure in Hong Kong, outlining the details of its plans to implement sustainability reporting requirements for companies, with a view to introducing reporting based on the IFRS Foundation’s ISSB standards for some listed companies on a comply-or explain basis next year, and with […]
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