The global energy system is undergoing a profound and unprecedented transformation, driven by the dual imperatives of tackling climate change and ensuring energy security in an increasingly uncertain geopolitical environment. This shift is not a temporary trend but a fundamental and necessary restructuring of energy production and consumption systems, underpinned by renewable energy investments that reached $2trn in 2023, almost double the…
JPMorgan Leaves Net Zero Banking Group, Completing Departure of Major U.S. Banks
JPMorganChase has chosen to exit the Net-Zero Banking Alliance, ESG Today has confirmed, marking the latest in a rapid-fire series of departures from the UN-backed coalition of banks dedicated to advancing global net zero goals through their financing activities. The departure makes JPMorgan the last large-scale U.S.-based bank to leave the NZBA, following the exit over the past few weeks…
Mars Targets Segregated Responsibly Sourced Cocoa Supply Chain by 2030
Snacking, food, and pet care products provider Mars announced that it aims to achieve a physically segregated global cocoa supply chain by 2030, building on its existing commitment to only use responsibly sourced cocoa in its products by creating greater transparency in its cocoa supply chain. Mars is a major user of cocoa, with more than 350,000 farmers in its…
S&P Global Appoints Lauren Smart as Head of Sustainability Unit Sustainable1
Market data and solutions provider S&P Global announced the appointment of Lauren Smart as Head of S&P Global Sustainable1, leading the company’s sustainability-focused business unit. Smart joined S&P Global through the company’s 2016 acquisition of carbon and environmental data and risk analysis company Trucost, which she joined as a startup. She was chosen as part of the start up team…
S&P Global Appoints Lauren Smart of Head of Sustainability Unit Sustainable1
Market data and solutions provider S&P Global announced the appointment of Lauren Smart as Head of S&P Global Sustainable1, leading the company’s sustainability-focused business unit. Smart joined S&P Global through the company’s 2016 acquisition of carbon and environmental data and risk analysis company Trucost, which she joined as a startup. She was chosen as part of the start up team…
Achilles Acquires GRMS to Bolster Supply Chain Sustainability Capabilities
UK-based supply chain risk and performance management solutions provider Achilles announced today the acquisition of Global Risk Management Solutions (GRMS), in a move described by the company as aimed at enhancing its supply chain sustainability capabilities and strengthening its US and Canadian presence. Founded in 2010, Irvine, California-based GRMS provides customizable supplier risk assessment programs, aimed at offering companies with…
Schneider Electric Appoints Chris Leong as Chief Sustainability Officer
Energy and automation digital solutions provider Schneider Electric announced the appointment of Chris Leong as its new Chief Sustainability Officer. In her new role, Leong will be responsible for driving Schneider Electric’s sustainability strategy, commitments and engagements, in areas ranging from corporate citizenship and institutional affairs to sustainability performance and environmental impact, the company said. Leong has been with Schneider…
Shareholders Call on Shell to Explain Consistency of Plans to Grow LNG Production with its Net Zero Goals
A group of institutional shareholders, alongside sustainable investment-focused organizations ShareAction and the Australasian Centre for Corporate Responsibility (ACCR), announced today the filing of a new shareholder resolution at Shell, calling on the company to provide more transparency regarding the consistency of its plans to significantly grow its production of liquefied natural gas (LNG) with its commitment to reach net zero emissions…
Robeco to Engage Companies on Deforestation, Transition Materials Supply Chain Sustainability
International asset manager Robeco announced the key focus areas for its 2025 corporate engagement activity, with a continued focus on ‘evergreen’ issues including climate, nature and human rights, an expansion of engagement on deforestation in commodity supply chains, and new themes including supply chains in transition minerals and shareholder rights. According to Robeco, the firm chooses engagement themes each year through…