ESG
-
Only 38% of Employees Believe Companies are Doing Enough on Climate Change, Sustainability: Deloitte Survey
.
The proportion of employees who believe that their employers are doing enough to address climate change and sustainability has dropped to around 38% over the past few years, according…
-
Watershed, Stanford Take Over Key Emissions Database After EPA Stops Updating it
.
Climate solutions provider Watershed announced the launch of “Cornerstone,” a new initiative in partnership with Stanford University’s Stanford Sustainable Solutions Lab, aimed at maintaining and expanding access to key…
-
Fortescue Turns to China for $2 Billion Loan to Fund Decarbonization as U.S. “Steps Back” from Green Investments
.
Australia-based iron ore mining company Fortescue announced that it has secured a RMB 142. Billion (USD$2 billion) Renminbi denominated (RMB) Syndicated Term Loan Facility, with proceeds to be used…
-
Standard Chartered Signs Deal to Sell Carbon Credits to Protect Rainforests
.
UK-based international banking group Standard Chartered announced today a new agreement with the government of the Brazilian State of Acre, with the bank acting as a seller of forest…
-
EBA Instructs Regulators to Hold off on Enforcement of ESG Disclosure Requirements for Banks
.
EU banking supervisor The European Banking Authority (EBA) announced the publication of a no action letter, recommending that regulators not prioritize the enforcement of new ESG Pillar 3 disclosure…
-
UBS Exits Net Zero Banking Alliance
.
Swiss banking and financial services group UBS announced today that it has decided to withdraw from the Net-Zero Banking Alliance (NZBA), becoming the first major European bank outside of…
-
Florida AG Launches Investigation into CDP, SBTi
.
Attorney General James Uthmeier announced the issuance of subpoenas to climate reporting and assessment organizations CDP and the Science Based Targets initiative (SBTi), launching an investigation into alleged potential…
-
China Releases New Green Finance Taxonomy
.
China’s financial regulators announced the publication of the Green Finance Endorsed Project Catalogue, creating a new categorization system to determine which economic activities are eligible to be funded by…
-
Blackstone Acquires Energy Data Analytics Platform Enverus
.
Alternative asset manager Blackstone announced an agreement to acquire data analytics energy intelligence platform Enverus, from private equity investors Hellman & Friedman and Genstar Capital. Hellman & Friedman acquired a…
-
Rolls-Royce Partners with INERATEC to Power Data Centers with E-Fuels
.
Rolls-Royce and clean fuels startup INERATEC announced a strategic partnership aimed at decarbonizing backup power systems for data centers by replacing fossil diesel with climate-neutral e-fuels. INERATEC was founded…