Geneva-based testing, inspection and certification company SGS announced the acquisition of carbon and greenhouse gas (GHG) validation and verification services firm Aster Global Environmental Solutions, in a move aimed at expanding SGS’ sustainability services and solutions offerings. Ohio-based Aster Global was launched in 2019 by Janice and Shawn McMahon through the acquisition of Environmental Services, Inc.’s Forestry Carbon and Greenhouse…
SGS Acquires GHG Verification Services Provider Aster Global
Geneva-based testing, inspection and certification company SGS announced the acquisition of carbon and greenhouse gas (GHG) validation and verification services firm Aster Global Environmental Solutions, in a move aimed at expanding SGS’ sustainability services and solutions offerings. Ohio-based Aster Global was launched in 2019 by Janice and Shawn McMahon through the acquisition of Environmental Services, Inc.’s Forestry Carbon and Greenhouse…
Aegon, Cazenove to Adopt FCA’s SDR Sustainability Focus Label for Funds
Asset managers Cazenove Capital and Aegon Asset Management each announced plans to use the new “Sustainability Focus” label introduced by the UK Financial Conduct Authority (FCA)’s Sustainability Disclosure Requirements (SDR) for a series of funds, marking the latest step in the adoption of the regulator’s new sustainable investment fund labelling system. The FCA’s SDR requirements were introduced by the regulator in…
Aon Hires Lloyd’s of London CEO John Neal for New Climate Solutions Role
Risk capital and human capital solutions provider Aon announced the appointment of John Neal, who has been serving as CEO of insurance marketplace Lloyd’s of London, to the newly created role of Global Chairman of Climate Solutions and as Global CEO of Reinsurance. In the new role, Neal will efforts to address the growing and complex risks associated with climate…
EU Platform on Sustainable Finance Unveils Proposals to Simplify, Expand EU Taxonomy
The Platform on Sustainable Finance (PSF), an expert group mandated by the European Commission to advise it on the development of sustainable finance policies, announced the launch of a new consultation on a series of proposed updates to the EU Taxonomy, aimed at simplifying and expanding the classification system for defining sustainable economic activities. The EU Taxonomy is part of…