B2B travel platform American Express Global Business Travel (Amex GBT) announced the launch of a new integrated emissions-based carbon pricing tool, enabling users to track the carbon emissions specific to their flights, and direct investment towards decarbonization initiatives. According to Amex GBT, the new tool enables companies to pick a carbon calculation methodology, with methodologies offered including those provided by…
Investment giant BlackRock announced the launch of the BlackRock BFM Brown to Green Materials Fund for UK investors, a new fund aimed at targeting overlooked opportunities stemming from the transition to a low carbon economy in the materials sector. The launch marks the first UK domiciled mutual fund to use the new “Sustainability Improvers” label introduced by the UK Financial…
Global issuance of labelled sustainable bonds – including green, social, sustainability, sustainability-linked, and transition bonds – is anticipated to again reach around $1 trillion in 2025, according to a new forecast released by Moody’s Ratings, as headwinds including political changes from the new U.S. administration are expected to be offset by a continued focus on sustainable development across many regions,…