Business managers, particularly at poorly governed firms, are likely exploiting “less transparent ESG metrics” to set targets in ways that are likely to be achieved, either to enhance their compensation or to appease institutional investors and other stakeholders who demand greater ESG accountability, according to research published by the European Corporate Governance Institute (ECGI). Researchers from the University of California,…
Carbon Removal Coalition Frontier Facilitates $80 Million in New Offtake Agreements for Google, H&M, Stripe and Others
Carbon removal buyer coalition Frontier announced that it has facilitated $80 million in offtake agreements on behalf of buyers including Google, H&M, Stripe and Salesforce, among others, for the removal of nearly 300,000 tons of CO2 through technologies that integrate carbon removal into existing industrial processes. The offtake agreements were signed with CO280, a developer of Biomass Carbon Removal and…
Accenture Acquires IQT Group to Target Net Zero Infrastructure Opportunities
Global professional services firm Accenture announced today an agreement to acquire Italian engineering services provider IQT Group, in a move aimed at strengthening Accenture’s capabilities for net zero infrastructure projects. IQT Group, based in Rovigo, Italy, focuses on designing and supervising net-zero infrastructure projects for electricity generation and transmission. The company works closely with utility providers, helping both private and…
Trane Appoints Mauro Atalla as Chief Technology and Sustainability Officer
HVAC and climate control solutions company Trane Technologies announced today the appointment of Mauro Atalla as Chief Technology and Sustainability Officer. Atalla will report to Chair and CEO Dave Regnery as part of the executive leadership team and will lead the product development, innovation and sustainability strategies for Trane Technologies globally. In his new role, Atalla will be responsible for…