We had a great two days at the Net Zero Festival listening to some fascinating talks and meeting some very exciting innovators in the sustainability space. There was a broad array of topics ranging from greenwashing regulation to space solar power. Here are some of our takeaways from the event:
Benchmark Gensuite Launches Solution Enabling Companies to Respond to ESG and EHS Data Requests
Environmental Health & Safety (EHS) and sustainability platform provider Benchmark Gensuite announced today the launch of Responsio, a new AI-based solution aimed at enabling organizations to meet increasing requests for ESG, sustainability, and EHS data. According to Benchmark Gensuite CEO R. Mukund, the new solution comes as “organizations are tasked with a growing number of ad-hoc ESG and EHS data…
EU Invests €4.8 Billion in Decarbonization Projects Funded Through Carbon Pricing System
The European Commission announced today that it has selected 85 decarbonization technology-focused projects to receive €4.8 billion in grants utilizing funds raised through its EU Emissions Trading System (EU ETS). Established in 2005, the European Emission Trading System puts a price on carbon emissions for key GHG intensive sectors, including electricity and heat generation, oil refineries, steel, cement, paper, chemicals,…
Saur Issues €550 Million Blue Bond to Fund Sustainable Water Investments
Water management and services provider Saur announced that it has priced its inaugural blue bond for €550 million to finance initiatives related to sustainable water management. Based in France, Saur operates in 20 countries, with services including providing drinking water, purifying wastewater, and developing water management infrastructure. The company is the first French corporate and first European water utility to…
DHL, IAG Cargo Sign Deal to Use 60 Million Liters of SAF to Ship Air Freight
Logistics giant DHL and International Airlines Group’s (IAG) cargo handling business IAG Cargo announced today an expanded agreement, with IAG Cargo to use an additional 60 million liters of sustainable aviation fuel on behalf of DHL Express and DHL Global Forwarding to cover 2024 and 2025 emissions. The companies said that the new deal makes the partnership the largest SAF…
JPMorgan, Natixis-led Coalition Launches Guidelines to Help Companies Report on Progress Towards SDGs
The Impact Disclosure Taskforce, a group consisting of some of the world’s largest finance and investment companies, announced today the release of its final voluntary Impact Disclosure Guidance, aimed at helping businesses and governments to measure and report their efforts and progress to advancing the UN Sustainable Development Goals (SDGs), in order to facilitate the capital flows needed to meet…
NYC Proposes Ban on Investments in Fossil Fuel Infrastructure for Pension Funds
New York City Comptroller Brad Lander announced a new proposal to expand the city’s pension funds’ fossil fuel investment exclusion policy by ceasing future private market investments in midstream and downstream fossil fuel infrastructure. New York City’s pension funds represent over $200 billion in assets, and include the New York City Employees’ Retirement System (NYCERS), Teachers’ Retirement System (TRS), and…