Ninety One has announced it will merge its UK Sustainable Equity fund with its Global Sustainable Equity fund in 2025, subject to shareholder resolution. The move will see a reduction in the number of UK equity funds the business will run from five to three, and means the UK Sustainable Equity fund will no longer exist in its current form….
Clean Energy Ventures Hires Charlotte Kirk to Expand Presence into Europe
Climate tech-focused venture capital investor Clean Energy Ventures (CEV) announced the appointment of Dr. Charlotte Kirk as Investment Principle for the launch of the firm’s European presence through its new London office. Founded in 2017, CEV invests in companies commercializing disruptive and capital-light advanced energy technologies and business model innovations that can reshape how energy is produced and consumed, and…
Holtara Launches New CSRD Compliance Platform
Holtara, the ESG solutions group of financial services and solutions provider Apex Group, announced today the launch of Holtara.io, a new advisory and solutions platform aimed at helping companies comply with the EU’s new Corporate Sustainability Reporting Directive (CSRD). The new platform comes as many companies are in the process of complying with the CSRD’s new sustainability reporting requirements. The…
bp, JERA to Invest Up to $6 Billion to Launch New Offshore Wind JV
Energy giant bp, and Japan’s largest power generation company, JERA, announced today the launch of JERA Nex bp, a new equally-owned joint venture combining each company’s offshore wind assets. With a total potential net generating capacity of 13 GW, the new venture will be one of the largest offshore wind developers, owners and operators globally. As part of the new venture,…
CBRE Commits to Cut Managed Properties Emissions by More than Half by 2030
Commercial property manager and developer CBRE announced the launch of new interim climate goals, with new 2030 targets to reduce Scope 1 and 2 emissions by 50%, and to cut emissions per square foot from properties and facilities managed for clients – by far the largest source of CBRE’s carbon footprint – by 55%. The new targets were announced as…
Goldman Sachs Exits Net Zero Banking Alliance
Goldman Sachs has chosen to exit the Net-Zero Banking Alliance (NZBA), ESG Today has confirmed, marking the first high profile departure from the UN-backed coalition of banks dedicated to advancing global net zero goals through their financing activities. In a statement provided to ESG Today, a Goldman Sachs spokesperson said that the firm has “the capabilities to achieve our goals…
ESG Today: Week in Review
This week in ESG news: Texas sues BlackRock, Vanguard, State Street over ESG investing; Coca-Cola waters down sustainability goals; EU rejects move to ease rules banning deforestation-linked products; Meta looks for nuclear energy to decarbonize AI buildout; more than half of companies required to report under CSRD not “fully confident” in ability to do so, PwC finds; new low-carbon transition…