Evergreen NHS – Everything You Need to Know The NHS Evergreen programme, formally known as the NHS Evergreen Sustainable Supplier Assessment, is a pivotal initiative aimed at fostering sustainability and ethical practices among suppliers to the National Health Service (NHS) in the UK. This extensive programme is designed to ensure that suppliers meet rigorous standards in carbon reporting, social value…
Indonesia’s Climate Transition in the Balance
Despite the promise of funding to support its net zero journey, the country’s dependence on coal and mixed messaging around policy hamper progress. As an archipelago, Indonesia is far more susceptible than most countries to the climate crisis. In fact, it is highly vulnerable to sea-level rises and extreme weather events and is at risk of losing its…
ArcLight Launches North America-Focused Renewables Investment Platform with $500 Million Commitment
Infrastructure-focused investment firm ArcLight announced the launch of SkyVest Renewables, a new operating focused renewables investment initiative targeting utility-scale wind and solar assets in North America. The new platform is being launched with an initial $500 million capital commitment from Arclight. According to the company, SkyVest will also augment ArcLight’s existing dedicated in-house operations resources in asset management, data analytics,…
Nike Investors Escalate Workers’ Rights Action
The global sportswear brand has so far failed to fairly compensate garment workers in Cambodia and Thailand, despite engagement efforts and resolutions. Shareholders at Nike have filed a series of proposals ahead of the company’s September annual general meeting (AGM), seeking transparency on the firm’s supply chains and aiming to promote the implementation of worker-driven social responsibility principles in high-risk…
Google Sources Renewable Energy from Waste Wood to Power Singapore Data Center
Google announced a new 10-year agreement with power company PacificLight and renewable energy developer RExus Bioenergy to build a wood-to-waste plant in Singapore, and provide clean energy to Google to power its data center and operations in the region. The deal marks the latest in a series of renewable energy announcements for Google in Asia, including the recent launch of…
Fashion-Tech unspun Raises $32 Million to Scale Zero-Waste, Emissions-Reducing Apparel Solution
Fashion-tech startup unspun announced today that it has raised $32 million in a Series B funding round, with proceeds aimed at scaling its technology to reduce waste and carbon emissions in the fashion sector. The fashion industry is facing increasing pressure to address the climate impact of its climate and environmental impact, as one of the top industrial sources of…
Air New Zealand Removes 2030 Emissions Reduction Goal, Drops Out of SBTi
Air New Zealand revealed today that it has removed its 2030 science based carbon intensity reduction target, and that it will withdraw from the Science Based Targets initiative (SBTi). Initially set in 2022, and validated by the SBTi, Air New Zealand’s ambition targeted a 28.9% reduction in carbon intensity by 2030, from a 2019 baseline, of the associated with the…
GRI, TNFD Release Guide to Help Companies Report on Nature Impact Using Both Standards
The Global Reporting Initiative (GRI), one of the leading organizations promoting standardized ESG reporting, and the Taskforce on Nature-related Financial Disclosures (TNFD) announced today the publication of a joint interoperability mapping resource, a new guide aimed at helping companies looking to report on nature-related and biodiversity risks and impacts using both the GRI Standards and TNFD recommendations, and to avoid…
Slightly More than Half of Execs Believe AI Will Be Net Positive to Sustainability Progress: Salesforce Survey
Sustainability professionals are grappling with balancing the positive and negative aspects of their companies’ implementation of artificial intelligence on their climate and sustainability initiatives, with many worried about the environmental impact of the new technology, while also anticipating benefits ranging from AI’s ability to support supply chain management efforts to ESG reporting and regulatory compliance, according to a new survey…
Gen Z is the Future of ESG
ESG investing has captured the interest of investors across the globe and continues to spark the curiosity of individuals who align themselves with the values that ESG represents. These principles are shared by investors across all ages and generations. But it is specifically Gen Z, made up of people who are now between the ages of 12 and 27, that…