Norges Bank Investment Management (NBIM), the investment manager for Norway’s $1.7 trillion oil fund revealed that it has asked Shell to provide more detail into its mid-term climate strategy, although the fund also announced that it will vote against a shareholder resolution calling for the oil giant to set a goal to reduce emissions from the use of its products….
This week in ESG news: LEGO Group ties bonuses for all employees to climate goals; EU issues final rules for funds using ‘sustainability,’ ‘ESG’ names; Microsoft signs reforestation-based carbon removal megadeal; Deloitte survey finds Gen Zs and millennials increasingly consider sustainability in consumption and employment decisions; ERM & Workiva partner on sustainability reporting solutions; EU requires 90% emissions reduction from…
Carbon accounting software provider Normative announced that it has launched a new suite of features on its enterprise carbon platform, aimed at enabling businesses to set and plan emissions reduction strategies, and to integrate supplier emissions data and forecasts into supply chain decarbonization plans. According to Normative, the new features aim to address the need for companies to meet new…
Boston Consulting Group announced a new agreement to purchase sustainable aviation fuel certificates (SAFc) for fuel made using renewable energy and CO2, with carbon transformation-focused cleantech company Twelve. According to the companies, the new agreement will run from 2026 to 2029, and is expected to deliver more than 4,000 metric tons of CO2 emissions reductions. Founded in 2015, California-based Twelve…