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…
British Airways Parent IAG Buys 28,000 Tonnes of Sustainable Aviation Fuel from Repsol
International Airlines Group (IAG), the parent company of airlines including Aer Lingus, British Airways, Iberia, Vueling and LEVEL, announced today an agreement with Madrid-based energy company Repsol for the purchase of more than 28,000 tonnes of sustainable aviation fuel (SAF) over the next six months. The agreement marks the largest-ever SAF purchase in Spain to date, according to the companies….
ESG Reporting Solutions Provider osapiens Raises $120 Million
ESG software startup osapiens announced today that it has raised $120 million in a Series B financing round, with proceeds aimed at accelerating the company’s international expansion and supporting investment in its technology platform. Founded in 2018, Mannheim, Germany-based osapiens provides compliance and sustainability reporting solutions aimed at helping companies to create transparency and sustainable growth across the value chain,…
L Catterton Appoints Ralph Lauren Sustainability Chief Devon Leahy as Global Head of Sustainability
Consumer-focused investment firm L Catterton announced today the appointment of Devon Leahy as its new Global Head of Sustainability. In her new role, Leahy will be responsible for supporting L Catterton’s portfolio companies with a range of sustainability-focused projects and value-creation initiatives. Scott Dahnke, Global Co-CEO of L Catterton, said: “As we continue to strengthen our resources and capabilities to…
Veolia Becomes First Company with Net Zero Goals Validated by Both SBTi and Moody’s
France-based water and wastewater services and energy provider Veolia announced that its decarbonization targets have been approved by the Science Based Targets initiative (SBTi), and that its net zero transition plan has been rated as “Advanced” by international ratings agency Moody’s. The achievements make Veolia the first to obtain the double validation of its climate commitments, according to the company….
JPMorgan Promotes Chuka Umunna to Co-lead Global ESG Investment Banking
J.P.Morgan has appointed former UK Parliament Member Chuka Umunna as Global Head of Sustainable Solutions & EMEA Head of Green Economy Investment Banking. Umunna, who has been leading J.P.Morgan’s EMEA ESG and green economy investment banking practice will now co-lead the global ESG practice. J.P.Morgan’s Sustainable Solutions investment bankers provide advice and transaction support to advance sustainability solutions for the…
ESG Today: Week in Review
This week in ESG news: EU regulator calls for sustainability disclosure requirements for all financial products; UK to require SAF on flights from 2025; KLM plans hydrogen-powered flight; Airbus and partners launch $200 million sustainable aviation fuel fund; U.S. invests $4 billion to reduce GHG emissions in key industries; UK launches $10 billion renewable energy investment platform; BCG, CDP report…