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Hitachi Raises Climate Ambition to Net Zero Across Value Chain by 2050

Hitachi Raises Climate Ambition to Net Zero Across Value Chain by 2050

Japanese conglomerate Hitachi announced a series of updates to its long-term environmental targets, including setting a new goal to achieve net zero greenhouse gas (GHG) emissions across its value chain by 2050. The new net zero goal represents a more ambitious target than the company’s prior goal to achieve carbon neutrality across the value chain by 2050, expanding its initiative…

Microsoft Buys Over 600,000 Tons of Green Cement to Help Build Sustainable Materials Market

Microsoft Buys Over 600,000 Tons of Green Cement to Help Build Sustainable Materials Market

Microsoft announced that it has signed an agreement with Sublime Systems to buy more than 600,000 tons of low-carbon cement, with the purchase agreement aimed at helping the technology giant address its carbon footprint, as well as to help advance the sustainable materials market. Cement production is a significant contributor to global greenhouse gas emissions, and one of the more…

Schneider Electric Appoints Julien Picaud to Lead New Agentic AI Sustainability Ecosystem Initiative

Schneider Electric Appoints Julien Picaud to Lead New Agentic AI Sustainability Ecosystem Initiative

Energy and electrification advisory, services, and software solutions provider Schneider Electric announced the launch of a new multi-year initiative aimed at building an AI-powered ecosystem for sustainability and energy management. The company said that it has hired sustainability solutions veteran Julien Picaud as Head of Product Management to lead the new initiative According to Schneider Electric, the new initiative is…

EU Nearly on Track to Hit 2030 Climate Goals

EU Nearly on Track to Hit 2030 Climate Goals

The European Commission issued a new report today, assessing the energy and climate plans of EU member states, revealing that the EU is very nearly on track to hit its climate and energy targets, including its goal to cut greenhouse gas (GHG) emissions by 55% by 2030, compared to 1990 levels. According to the report, the Commission’s assessment of the…

Most asset managers still missing the mark on SFDR engagement disclosures

Research published by ShareAction has revealed that while some of Europe’s largest asset managers are making credible progress in their sustainability disclosures, many still fall short of providing instructive information on how they manage the negative environmental and social impacts of their investments.  The research assesses how 30 leading asset managers based in, or operating within the EU disclose their…

Most asset managers still missing the mark on SFDR engagement disclosures

Research published by ShareAction has revealed that while some of Europe’s largest asset managers are making credible progress in their sustainability disclosures, many still fall short of providing instructive information on how they manage the negative environmental and social impacts of their investments.  The research assesses how 30 leading asset managers based in, or operating within the EU disclose their…

Most asset managers still missing the mark on SFDR engagement disclosures

Research published by ShareAction has revealed that while some of Europe’s largest asset managers are making credible progress in their sustainability disclosures, many still fall short of providing instructive information on how they manage the negative environmental and social impacts of their investments.  The research assesses how 30 leading asset managers based in, or operating within the EU disclose their…

Beginning or ending with governance

In its 2023 Sustainability Disclosure Requirements and Investment Labels regulations, the Financial Conduct Authority (FCA) came to an interesting conclusion: “We have said that governance is an enabler of environmental and/or social outcomes, rather than an end in itself. So, products investing in assets with good governance alone would need to do more to qualify for a label.” At the…

Beginning or ending with governance

In its 2023 Sustainability Disclosure Requirements and Investment Labels regulations, the Financial Conduct Authority (FCA) came to an interesting conclusion: “We have said that governance is an enabler of environmental and/or social outcomes, rather than an end in itself. So, products investing in assets with good governance alone would need to do more to qualify for a label.” At the…

Beginning or ending with governance

In its 2023 Sustainability Disclosure Requirements and Investment Labels regulations, the Financial Conduct Authority (FCA) came to an interesting conclusion: “We have said that governance is an enabler of environmental and/or social outcomes, rather than an end in itself. So, products investing in assets with good governance alone would need to do more to qualify for a label.” At the…