• info@esgwise.org
Volvo Cars Hires Vanessa Butani as Head of Global Sustainability

Volvo Cars Hires Vanessa Butani as Head of Global Sustainability

Volvo Cars announced the appointment of Vanessa Butani as Head of Global Sustainability. Butani will assume the new role in April 2024, succeeding Anders Kärrberg, who has held the position since Volvo established its Global Sustainability Team in 2019. Based at the Volvo Cars’ global headquarters in Gothenburg, Sweden, Butani will lead the company’s sustainability ambitions and the evolution of…

Equinor, bp, Cancel Major New York Offshore Wind Agreement

Equinor, bp, Cancel Major New York Offshore Wind Agreement

Norway-based energy company Equinor and UK energy giant bp announced today the termination of an agreement with the New York State Energy Research and Development Authority (NYSERDA) for Empire Wind 2, one of the largest offshore wind projects in the U.S. with anticipated capacity of nearly 1.3 GW. According to a statement from the companies, the decision to end the…

The Sustainability of ESG Investing: A Comprehensive Overview

The Sustainability of ESG Investing – A Comprehensive Overview 1. Introduction to ESG Investing The concept of Environmental, Social, and (Corporate) Governance (ESG) investing has garnered substantial attention in the business world. As the paradigm of sustainable development emphasizes meeting current needs without hindering future generations’ potential, the question arises: Is ESG investing a sustainable approach? Proponents of ESG assert…

The Sustainability of ESG Investing: A Comprehensive Overview

The Sustainability of ESG Investing   Introduction to ESG Investing The concept of Environmental, Social, and (Corporate) Governance (ESG) investing has garnered substantial attention in the business world. As the paradigm of sustainable development emphasises meeting current needs without hindering future generations’ potential, the question arises: Is ESG investing a sustainable approach? Proponents of ESG assert that adopting these practices…

Davison to Further Food Systems Focus at FAIRR

Investor network’s new Senior Policy Advisor encouraged by prevalence of food systems action at COP28, while urging greater alignment of shareholder initiatives.  Tackling the mounting risks posed by biodiversity loss to food systems will be a key focus for FAIRR Initiative’s new Senior Policy Advisor, Greta Davison, as global attention on agricultural supply chains increases.   “There are emerging risk for…

Introduction to ESG and its Significance in Business

Introduction to ESG and its Significance in Business

Introduction to ESG and its Significance in Business   In the dynamic arena of modern business, ESG stands as a beacon of innovation and ethical practice. As an acronym for Environmental, Social, and Governance, ESG represents the foundational elements of sustainable and ethical operations within the corporate world. It’s a concept that transcends mere regulatory adherence, embedding itself into the…

Carbon Removal Startup Standard Biocarbon Raises $5 Million to Launch U.S. Biochar Production Facility

Carbon Removal Startup Standard Biocarbon Raises $5 Million to Launch U.S. Biochar Production Facility

Sustainable infrastructure capital provider Nexus Development Capital announced a $5 million investment in carbon removal startup Standard Biocarbon, aimed at supporting the development and scaling of its new biochar production facility. Biochar, or biological charcoal, is produced by heating biomass, such as forest residue, wood or crop waste, in the absence of oxygen, creating a stable form of carbon, which…

Dun & Bradstreet, Climate Engine, Launch Solution Enabling Businesses to Assess, Mitigate Climate Risks

Dun & Bradstreet, Climate Engine, Launch Solution Enabling Businesses to Assess, Mitigate Climate Risks

Business data and analytics provider Dun & Bradstreet and climate data and analytics company Climate Engine announced the launch of D&B Climate Risk Insights, a new solution aimed at helping businesses to understand, prepare for and mitigate climate-related risks. According to the companies, the new solution comes amid a growing challenge to businesses globally, arising from the frequency and severity…

All Systems go for Net Zero

The limits of fiduciary duty and corporate engagement could see institutional investors embrace systemic stewardship in 2024 to meet 1.5°C-aligned objectives. COP28 reminded investors of the difficulties involved in reaching inter-governmental consensus on intensifying climate action. Now they must wait to see how signatories to the Paris Agreement act on the commitments outlined in the official response to the Global…

Macquarie Acquires 50% Stake in Enel’s Greek Renewables Business for €250 Million

Macquarie Acquires 50% Stake in Enel’s Greek Renewables Business for €250 Million

Macquarie Asset Management (MAM) announced the acquisition of Greece-based renewable energy company Enel Green Power Hellas from Enel Group for a total equity consideration of approximately €250 million. Launched by Enel Group in 2008, Enel Green Power Hellas develops and operates renewable energy projects in Greece, with a portfolio in of 482 MW of onshore wind, solar, and hydropower projects…