Google announced its first-ever Clean Transition Tariff-based (CTT) supply agreement, rolling out a new market rate structure aimed at accelerating the next generation of clean technologies, and facilitating investment in clean energy, while helping companies meet their climate goals. Renewable energy purchases are often made through Power Purchase Agreements in which a buyer promises to buy a certain amount of…

Software provider EcoOnline announced the launch of a new Corporate Sustainability Reporting Directive (CSRD) assessment capability within the company’s ESG software solution. According to the company, the new solution aims to simplify the process of collecting data for CSRD, covering European Sustainability Reporting Standards (ESRS) topics and standards, and allowing businesses to efficiently identify material risks, extract data-driven insights, and…

Investment data and research provider MSCI announced the launch of the Glidepath Corporate Bond Indexes, a new suite of nine indices aimed at facilitating the transition of portfolios over time to align with ESG and climate-related investment objectives. According to MSCI, the new indices utilize a combination of target factors, such as ESG scores, greenhouse gas (GHG) emissions, or a…

Investment giant BlackRock announced today the launch of iShares MSCI Climate Transition Aware UCITS ETFs, a new suite of 5 exchange traded funds aimed at offering investors with exposure to companies leading in the transition to a low carbon economy. According to BlackRock, the new funds are being launched following a survey of global institutional clients conducted by the firm…

A significant majority of large companies are not yet at advanced stages of readiness to meet upcoming assurance requirements on their reported ESG data, improving only slightly since last year, with a growing gap between the most and least prepared, even as virtually all companies acknowledge that they will be required to provide disclosures under at least one new sustainability…