Three investor groups have filed shareholder resolutions at retail giants Next, M&S and JD Sports aiming to address the issue of poverty wages in their workforces. Co-ordinated by responsible investment NGO, ShareAction, 115 individual investors are behind the resolutions, with seven institutional investors managing over £1trn in assets – including AXA Investment Managers, Scottish Widows, Trust for London, the Greater…
Kimberly-Clark to Reach 100% Renewable Energy at Kleenex Manufacturing Site
Consumer brands company Kimberly-Clark announced that its factory in Koblenz, Germany is on track to move to 100% renewable energy by 2029, making it the company’s first tissue manufacturing site worldwide to achieve that goal. According to Kimberly-Clark, the achievement will support its goal to reduce its Scope 1 and 2 emissions by 50% by 2030. The company said that…
Just Climate Invests $25 Million in Sustainable Agriculture Solutions Provider GreenLight Biosciences
Agriculture-focused biosolutions provider GreenLight Biosciences announced the closing of its Series C funding round – which included a $25 million investment from climate solutions-focused investment business Just Climate – with proceeds aimed at expanding and commercializing its sustainable solutions that enhance agricultural productivity while preserving biodiversity. Established in 2008, Medford, Massachusetts-based GreenLight Bio provides sustainable RNA-based solutions for farmers and…
Frontier Signs $33 Million Carbon Removal Purchase with Enhanced Rock Weathering Startup Eion
Enhanced rock weathering startup Eion announced today a $33 million carbon removal purchase agreement through buyer coalition Frontier, with purchases by companies including Google, Shopify, JPMorgan Chase and H&M Group, among others. Under the new transaction, Eion will remove more than 78,700 tons of CO2 between 2027 and 2030. Founded in 2020, Eion uses enhanced rock weathering (ERW) to speed…