Following the publication of a voting-focused ranking system last month, the engagement tracker will formally launch by end of Q2. A new tech platform is looking to offer improved voting and engagement analytics for investors, bolstering their stewardship efforts and enhancing transparency from asset managers. Launched last month, rezonanz provides responsible investors with quantitative analytics across individual and collaborative initiatives….
Climeworks Launches New Carbon Removal Portfolio Service
Zurich-based Direct Air Capture (DAC) company provider Climeworks announced today the launch of Climeworks Solutions, a new service aimed at providing companies with high-quality carbon removal portfolios, spanning a broad range of carbon removal technologies and solutions. Founded in 2009 by Christoph Gebald and Jan Wurzbacher, Climeworks has focused to date on building its position as a leading DAC provider….
Guest Post – From Solar to Software: The Second Half of the Energy Transition
By Christina Shim, Head of Sustainability Software, IBM Late last year at the UN climate change conference in Dubai, one of the facts most repeated around dining tables, on stages, and over cocktails was that solar is now the cheapest form of electricity in the majority of countries. Of course, there were many attendees quick to object; solar is not the cheapest…
Former Shell Boss Ben van Beurden Joins KKR as Senior Advisor for Climate Strategy
Former Shell CEO Ben van Beurden has joined alternative asset and private equity investor KKR as a senior advisor for energy transition investments, according to a report by the Financial Times, confirmed by ESG Today. In his new part-time role, van Beruden will advise KKR’s recently launched climate strategy. Van Beurden takes on the new role following 39 years at…
Barclays Appoints Isabelle Millat as Head of Sustainable Finance for Global Markets and Barclays Europe
Barclays announced today the appointment of Isabelle Millat to the dual role of Head of Sustainable Finance for Global Markets and for Barclays Europe. Based in Paris, in her new roles, Millat have responsibility for leading the expansion of Barclays’ Global Markets’ sustainability proposition, as well as for the development of the overall sustainable finance franchise for Barclays Europe, working…
Bezos Earth Fund to Invest $100 Million in AI-Powered Climate and Nature Solutions
The Bezos Earth Fund announced the launch of the AI for Climate and Nature Grand Challenge, with plans to grant up to $100 million to advance AI-based solutions aimed at addressing climate change and nature loss. The Bezos Earth Fund was founded in 2020, with a $10 billion philanthropic commitment from Amazon founder Jeff Bezos, aimed at funding scientists, activists,…
Singapore Invests S$35 Million in Sustainable Finance Upskilling of Financial Sector
The Monetary Authority of Singapore (MAS), the central bank and financial regulator of Singapore, announced today that it will allocate S$35 million (USD$26 million) over the next three years to support upskilling and reskilling initiatives in order to develop sustainable finance specialists in the financial services sector. The new investment announcement was made alongside the release by MAS and Institute…
Collaboration Key to Tackle Nature Risks
Tools increasingly target interoperability to provide investors with ways to engage with firms and impact their practices. Communication and engagement between asset owners, managers and companies is essential to improve action on nature preservation, industry experts have said. Speaking during ESG Investor’s Stewardship Summit 2024, Shipra Gupta, Investments Stewardship Lead at Scottish Widows, suggested that “collaborating and sharing” was key…
Collaboration Key to Tackling Nature Risks
Tools increasingly target interoperability to provide investors with ways to engage with firms and impact their practices. Communication and engagement between asset owners, managers and companies is essential to improve action on nature preservation, industry experts have said. Speaking during ESG Investor’s Stewardship Summit 2024, Shipra Gupta, Investments Stewardship Lead at Scottish Widows, suggested that “collaborating and sharing” was key…
Carbon Management Software Startup Cozero Raises $7 Million
Climate tech software startup Cozero announced today that it has raised €6.5 million (USD$6.9 million) in a Series A funding round, with proceeds aimed at supporting the company’s international expansion and the development of its Climate ERP solution. Founded in 2020, Berlin, Germany-based Cozero provides CO2 management software aimed at enabling companies to measure and reduce company and product emissions…