Energy transition-focused investor Quinbrook Infrastructure Partners announced a series of new executive appointments, including appointing Brian Restall to the newly created role of Global CEO. Additional appointments announced by the firm included Giulia Siccardo as Managing Director and Regional Leader of Quinbrook for North America, and Kathryn Lin as Senior Director and leader of Quinbrook’s digital infrastructure strategies. Quinbrook said…

Capital markets technology and exchange company Nasdaq announced the launch of the Nasdaq Carbon Academy, a new free educational platform aimed at equipping individuals with skills to integrate carbon dioxide removal (CDR) credits into companies’ emissions reduction strategies. The new academy comes as  demand for carbon offset projects and related credits is expected to increase significantly over the next several…

The Science Based Targets initiative (SBTi), one of the key organizations focused on aligning corporate environmental sustainability action with the global goals of limiting climate change, announced the release of its initial draft SBTi Automotive Sector Net-Zero Standard, aimed at guiding automakers and auto parts manufacturers to enable science-based net zero target setting for their businesses. The SBTi was founded…

The Basel Committee on Banking Supervision, the primary global standard and policy setter for the banking industry, announced the release of a new, and long-awaited, framework for use by regulators for the disclosure of climate-related risks by banks. Following pressure from the U.S., however, the committee decided to make the framework voluntary, rather than requiring its adoption by regulators, potentially…

Andrew Parry, head of investments at JO Hambro Capital Management (JOHCM) and Regnan, has announced his retirement after over 40 years in the investment industry.  Parry (pictured) took a step back from work at the end of last year due to ill health, and said treatment has been successful. However, he has decided to retire from full-time work and “embrace…

From addressing global issues such as climate change and being a haven of biodiversity, to providing timber for construction, paper and packaging, forestry is an important natural global asset. According to the World Economic Forum, investing in forest conservation and restoration can benefit businesses as they become leading actors in the transition to a nature-positive, net-zero economy. Here, Paul McMahon, managing partner…

This week in ESG news: Major cuts to sustainability reporting requirements proposed by EU’s Omnibus negotiator; Canada releases anti-greenwashing guidance for companies; IFRS says more jurisdictions moving towards using ISSB sustainability reporting standards; Amazon reports progress on sustainable water goals; Lululemon signs long-term deal for sustainable materials; India launches regulations for ESG bond issuers; Nestlé surpasses sustainable coffee goal; U.S….

More than €240 billion in investments will be needed through 2050 in order to deliver EU member states’ plans for nuclear energy and to reach energy decarbonization goals, according to a new estimate released by the European Commission. The new estimate was released with the Commission’s updated nuclear illustrative programme (PINC), an overview of nuclear development trends in the EU,…

Carbon management software provider Green Project Technologies announced the launch of act50, a new digital renewable energy marketplace and supplier engagement platform aimed at enabling companies to reduce and track Scope 3 supply chain emissions. Founded in 2021, Green Project Technologies provides a web-based platform, combining digital solutions for carbon accounting, supplier engagement, reporting and advisory services, to help enterprises…

Amazon and power producer Talen Energy announced a new long-term Purchase Power Agreement (PPA), with Talen supplying Amazon with 1.9 GW of energy from its Pennsylvania-based Susquehanna nuclear power plant to Amazon Web Services (AWS) data centers in the region. The agreement marks the latest in a series of nuclear deals by Amazon, as it moves beyond renewable energy to…