ESG
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Shell, Accenture and Amex GBT Expand SAF Purchasing Platform to Multiple Fuel Suppliers
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Shell, Accenture and American Express Global Business Travel (Amex GBT) announced a series of changes to their blockchain-powered sustainable aviation fuel (SAF) book-and-claim platform, Avelia, aimed at expanding it…
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California Releases FAQ to Guide Companies Beginning Mandatory Climate Reporting
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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…
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Microsoft Partners with Novata to Provide Sustainability Data and Reporting Solutions to SMEs, Suppliers
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Microsoft and private markets ESG-focused data solutions provider Novata announced the launch of a new collaboration aimed at scaling sustainability data solutions for small and medium enterprises (SMEs), including…
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HSBC Exits Net Zero Banking Alliance
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HSBC announced that it has decided to withdraw from the Net-Zero Banking Alliance (NZBA), following its North American peers to become the first major UK bank to exit the…
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UL Solutions Launches New Scope 3 Data and Sustainability Reporting Solutions
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Applied safety science company provider UL Solutions announced the launch of a series of new sustainability-focused software solutions, including tools to help companies manage supply chain emissions data, meet…
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EU to Develop Nature Credits Market to Fund More Sustainable Agriculture Practices
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The European Commission announced the launch of its “Roadmap towards Nature Credits,” aimed at helping to develop a new market for nature credits, enabling farmers and foresters to fund…
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EFRAG Considers 66% Reduction in European Sustainability Reporting Standards Datapoints
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The European Financial Reporting Advisory Group (EFRAG) revealed that it is currently considering changes to the European Sustainability Reporting Standards (ESRS) underlying the EU’s CSRD regulation that would reduce datapoints…
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CapitaLand Launches New Framework to Quantify the Financial Return of Sustainability Investments
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Singapore-based real estate investment manager CapitaLand Investment (CLI) announced the launch of its new “Return on Sustainability (RoS) framework,” aimed at quantifying the financial value of green capital expenditure.…
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European Commission Proposes Target to Reduce Emissions 90% by 2040
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The European Commission announced today a new proposed climate target, aiming to reduce net greenhouse gas (GHG) emissions across the EU by 90% by 2040, compared to 1990 levels.…
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Tikehau Raises Over €1 Billion for Egis to Decarbonize Transport, Cities, Energy
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Paris-based alternative asset management Tikehau Capital announced the launch of a new continuation fund for its climate-focused architectural, consulting, construction engineering, operations and mobility services portfolio company Egis, raising…
