In the eye of the Omnibus storm in the EU, we shouldn’t forget that sustainable finance predates the EU Sustainable Finance Action Plan. Regardless of the outcome, investors will continue to consider and demand sustainability information from investee companies, as it is considered both good business practice and a fundamental part of their fiduciary duty. The Omnibus, therefore, presents an…
Microsoft Signs Sustainable Aviation Fuel Purchase Deal with IAG to Tackle Scope 3 Emissions
Microsoft and International Airlines Group (IAG), the parent company of airlines including Aer Lingus, British Airways, Iberia, Vueling and LEVEL, announced that they have extended an agreement for the purchase of Sustainable Aviation Fuel (SAF), in a deal aimed at supporting Microsoft’s goal to reduce Scope 3 lifecycle emissions from business travel and air freight. According to the companies, through…
The Nuclear Option
Investor interest in nuclear power is burgeoning as demand trends alter perspectives on a previously taboo energy source. Nuclear energy has not been a priority for institutional investors in recent decades. Significant safety concerns are a key factor, following disasters such as Three Mile Island (1979), Chernobyl (1986) and Fukushima (2011). New nuclear projects often mean high upfront costs and…