The Global Reporting Initiative (GRI) has launched two standards designed to empower organisations to take accountability for their impacts and accelerate climate action. GRI 102: Climate Change emphasises that achieving substantial reductions in greenhouse gas (GHG) emissions is the primary mitigation step organisations can take, setting reporting expectations based on science-based targets and global climate goals while incorporating ‘just transition’…
Rathbones amends objectives on sustainable multi-asset to align with SDR labels
Rathbones Asset Management has made changes to its four sustainable multi-asset funds to achieve SDR labels across the range. The group has announced it has “better defined” the sustainable objectives of each fund to support SDR – the UK regulator’s Sustainability Disclosure Requirements. It has removed a suggestion that the non-financial objective of the funds is to “improve the sustainability…
Nestlé Expands Program to Improve Livelihoods in Cocoa Supply Chain to 50,000 Families
Global food and beverage company Nestlé announced the release of a new independent evaluation of its income accelerator program promoting improved livelihoods for cocoa farming families and environmentally sustainable agricultural practices, indicating that the program is delivering measurable improvements in income and household resilience. The company said that it is expanding the program from its 10,000 family test phase in…
Nokia Ties Terms of New €1.5 Billion Debt to Performance Towards Value Chain Emissions Goals
Telecommunications and networking technology company Nokia announced that it has signed a new €1.5 billion multicurrency revolving credit facility, with pricing on the new debt tied to its performance towards its Scope 1, 2 and 3 greenhouse gas emissions goals. The new credit facility marks the latest in a series of sustainability-linked financing instruments for Nokia, including a credit facility…
The 3 ESG Blind Spots That Could Cost You a Deal in 2025
Avoiding Scope 3 pitfalls, nature risk exposure, and poor ESG due diligence