Adaptation bonds are among the potential vehicles for private investment, but policy action is still needed at COP28. The UN Environment Programme’s (UNEP) 2023 Emissions Gap Report – aptly titled ‘Broken Record’ – clearly states that the world is a long way from limiting global warming to 1.5°C by 2050, despite ongoing efforts to mitigate climate-related risks. The realities…
ESG Book Launches Risk Scores Assessing Company Exposure to Key Sustainability Issues
Sustainability data and technology company ESG Book announced today the launch of Risk Score, a new tool aimed at enabling investors and corporates to assesses company exposure to critical ESG topics, based on the UN Global Compact (UNGC). The UNGC is a consortium of companies and organizations across the globe committed to aligning their strategies and operations with a series…
Sustainable Building Tech Startup Vizcab Raises $5.5 Million
Sustainable building design software provider Vizcab announced today that it has raised €5 million (USD$5.5 million) in a Series A funding round, aimed at supporting the acceleration of net zero in the construction industry. Buildings and real estate are significant contributors to the global climate challenge, accounting for nearly 40% of carbon emissions, according to the International Energy Agency and…
LSEG to Launch ESG Data Analytics Platform with ESG.AI
London Stock Exchange Group (LSEG) and Canadian-based ESG data tech company ESG.AI announced today a new partnership to launch a new next generation ESG analytics platform, targeted at major companies, banks, asset managers and consultants. The new partnership will bring together LSEG’s expansive financial markets dataset with ESG.AI’s platforms, which enable users to capture real-time ESG data, calculate up-to-the-minute ESG…
BNP Paribas AM Appoints Rodolphe Brumm as Head of Low Carbon Infrastructure Equity
BNP Paribas Asset Management (BNPP AM) today announced the appointment of Rodolphe Brumm to head its new Low Carbon Infrastructure Equity strategy within its Private Assets investment division. Brumm joins BNPP AM after serving as a Partner at infrastructure-focused private equity investor Antin Infrastructure Partners, where he led several energy transition-focused transactions. His previous roles include Head of Origination &…
GRI Releases Proposed Climate and Energy Transition Disclosure Standards
The Global Reporting Initiative (GRI), one of the leading organizations promoting standardized ESG reporting, announced today the publication today of new draft Climate Change and Energy Standards, aimed at enabling companies to disclose their climate change transition plans and actions, and on their climate-related energy transition initiatives. GRI Sustainability Reporting Standards are one of the most commonly accepted global standards…