Fears of divergence in climate ambition mount, with increased scrutiny of external managers seen as key to ensuring net zero progress. Asset owners are looking to step up engagement with their external asset managers to make sure that they uphold their individual climate commitments, following the suspension of the Net Zero Asset Managers initiative (NZAM). NZAM announced the temporary…
KKR Acquires Dawsongroup to Accelerate Strategy to Decarbonize Company Fleets
Alternative asset and private equity investor KKR announced today an agreement to acquire UK-based asset leasing business, with the transaction aimed at supporting the company’s growth and its strategy to help businesses transition their fleets to net zero. The acquisition will be made as part of KKR’s Global Climate strategy. KKR launched the strategy in 2023 in its infrastructure unit, which…
Germany Pushes to Delay CSRD Sustainability Reporting Requirements for Smaller Businesses
The government of Germany is pushing for significant changes to the implementation timeline and reporting requirements of the European Commission’s Corporate Sustainability Reporting Directive (CSRD), including pushing back sustainability reporting obligations for smaller companies by 2 years, and eliminating sector-specific reporting requirements. The proposed changes were recently outlined in a leaked letter signed by senior government ministers to the EU…