Ceres launches inaugural water stewardship benchmark, as it calls for more public policy advocacy and pricing of water risks. Companies need to take an active role in discussions with governments to ensure an enabling environment for continued sustainable water supplies, according to investor network Ceres The call to action follows its release of a new benchmark ranking the stewardship…
M&G Appoints Kathy Ryan as its First Chief Sustainability Officer
International savings and investments business M&G plc today announced the appointment of Kathy Ryan to the newly created role of Chief Sustainability Officer. In her new position, Ryan will lead M&G’s Group Sustainability Strategy, including embedding sustainability across the business and driving real-world change as a responsible long-term investor. She will join in November and report to Chief Financial Officer,…
Amazon Adds More than 1 GW of Renewable Energy Capacity in Europe
Amazon announced that it has added 39 new renewable energy projects in Europe year-to-date, adding more than 1 GW of clean energy capacity. The new projects solidify the Amazon’s position as the largest corporate purchaser of renewable energy in Europe, with a portfolio of 160 wind and solar projects across 13 countries, expected to provide 5.8 GW of clean energy…
Bloomberg Launches Indicators to Measure Exposure to Physical Climate Risk
Business and financial markets information service provider Bloomberg and climate financial risk data analytics provider Riskthinking.AI announced today the launch of new science-based physical risk indicators, aimed at enabling companies and investors to assess and understand exposure to climate-related risks such as floods, droughts and wildfires. According to the companies, the launch of the new indicators comes as regulators are…
Honeywell Launches Renewable Fuel Production Technologies in Asia Pacific
Industrial products, solutions and technologies company Honeywell announced that it will make available technologies and digital solutions to enable its Asia Pacific refining customers to produce renewable fuels, such as Sustainable Aviation Fuels (SAF), from renewable feedstocks. According to Honeywell, the solutions help customers address the need to adopt technologies to produce low-carbon sustainable fuels while maximizing available resources and…
Sustainable Mining Tech Startup Eden Raises $12 Million
Sustainable mining tech startup Eden today announced that it has raised $12 million in seed funding, with proceeds from the financing aimed at scaling the company’s sustainable natural resource solution. Founded in 2017, Eden has developed Electrical Reservoir Stimulation (ERS) technology, designed to “break rocks with electricity,” in order to increase the recovery of natural resources, improve the economics of…
DBS Launches Sustainable Finance Solution for SMEs
Singapore-based financial services group DBS today announced the launch of the DBS Eco Renovate Loan, a new sustainable finance tool targeted at small and medium enterprises (SMEs), aimed at enabling smaller companies to access a wider pool of capital to fund green projects. The new solution enables SMEs to borrow up to 100% of the cost of using resource efficient…