ESG
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GenZero Targets 7 Million Tons of Decarbonization Impact from Investments by 2028
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Temasek-owned decarbonization solutions-focused investment platform GenZero announced the launch of a new sustainable investment target, aiming to achieve at least 7 million tons of CO2e (MtCO2e) of cumulative direct realized…
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Bloomberg Launches New Suite of Sustainable Investing Indices with Customizable Exclusion Criteria
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Business and financial markets information service provider Bloomberg announced today the launch of the Bloomberg Screened Choice Indices, a new suite of equity benchmarks designed to enable investors to…
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LOIM Acquires Sustainability-Focused Investment Manager Ownership Capital
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Geneva-based global wealth and asset manager Lombard Odier Investment Managers (LOIM) announced an agreement to acquire Dutch sustainable investment-focused asset manager Ownership Capital. The acquisition will bring LOIM’s sustainable…
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ICE Launches Climate Data and Analytics Solution for Private Companies
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Financial technology and data services provider and exchange operator Intercontinental Exchange (ICE) announced the expansion of its climate risk platform with the addition of physical and transition risk data…
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Singapore Delays Climate Reporting Requirements to Give Smaller Companies More Time to Prepare
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Singapore’s business reporting, accounting and corporate services and markets regulators the Accounting and Corporate Regulatory Authority (ACRA) and Singapore Exchange Regulation (SGX RegCo) announced significant changes in the timelines…
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Net Zero Banking Alliance Pauses Activities
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The Net-Zero Banking Alliance (NZBA), a UN-backed banking sector coalition dedicated to advancing global net zero goals through their financing activities, announced that it has paused its activities following…
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FCA Says Sustainability-Linked Loan Market Has Become More Mature, Credible
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The sustainability-linked loan (SLL) market has made progress towards addressing some of its key integrity and credibility issues, according to a new review by UK financial services regulator the…
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ECB President Warns Lawmakers Against Watering Down CSRD Sustainability Reporting Requirements
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Initiatives underway to reduce European sustainability reporting and due diligence reporting requirements could limit the European Central Bank’s capability to manage climate risk in the financial system, according to…
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California Climate Reporting Law Survives Court Challenge
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California’s new laws laws requiring large companies to disclose their value chain greenhouse gas emissions and report on climate-related risks survived another court challenge, with a U.S. District Judge…
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Sandoz Sources Renewable Energy for 90% of Europe Operations
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Swiss generic and biosimilar medicine pharmaceutical company Sandoz announced that it has signed a new 10-year virtual Power Purchase Agreement (PPA) with Elawan Energy for new-build solar projects in…