The Financial Conduct Authority (FCA) is consulting on the rules regarding listed companies’ sustainability disclosures, seeking feedback on alignment with international standards, robust information around sustainability risks and how to encourage more transparency. In an announcement, the FCA said given the end of the Task Force on Climate-related Financial Disclosures (TCFD), which was disbanded in 2023, and the transition to…
TNFD – Tick-Box Exercise or Genuine Driver of Sustainable Change?
Guest post: Torolf Hamm from WTW looks at how risk and sustainability teams can unlock budget, boost ROI and drive long-term value by collaborating on Taskforce on Nature-related Financial Disclosures. If you’re working in risk or sustainability, meeting the voluntary Taskforce on Nature-related Financial Disclosures (TNFD) may be seen by others in the business as low priority. Another acronym, another voluntary disclosure, another box to tick. While sustainability is at risk of being pushed…
Impax Converts Global Sustainable Infrastructure Fund into ETF
UK-based sustainable transition-focused investor Impax Asset Management announced that it has converted its Impax Global Sustainable Infrastructure Fund into the Impax Global Infrastructure ETF, marking the firm’s first exchange-traded fund (ETF). Initially launched in 2016, Impax’ Global Sustainable Infrastructure Fund targets investments in companies that are well positioned to provide infrastructure essential for the transition to a more sustainable global…
Amazon Signs Long-term Clean Energy Purchase Deal with RWE in Germany
German power producer RWE and Amazon announced the signing of a new long-term Power Purchase Agreement (PPA) for 110 megawatts (MW) of electricity from RWE’s Nordseecluster offshore wind project in Germany’s North Sea. According to RWE, the contracted capacity is expected to generate enough clean electricity to supply the equivalent of more than 139,000 German households annually. The agreement builds…
EU Adopts First-Ever Standard for Carbon Removal Projects
The European Commission announced today the adoption of its first set of voluntary certification methodologies for permanent carbon removals, aimed at providing clear standards for carbon removal technologies, to enable certification and investment in projects that permanently remove CO2 from the atmosphere. The launch of the new standards follows the adoption of the Carbon Farming and Carbon Removals (CRCF) Regulation…
Deutsche Bank Reports Strongest Year for Sustainable Finance Since 2021 on “Renewed Demand”
Deutsche Bank recorded its strongest annual sustainable finance and ESG investment volumes in four years in 2025, as well as its second-best quarter since 2020, according to the bank’s recently released annual results, with CEO Christian Sewing citing “renewed demand from our clients.” In total, Deutsche Bank reported that total volumes for Sustainable Financing and ESG investment reached €98 billion…
Kearney Appoints Angela Hultberg as Global Head of Sustainability
Global management consultancy Kearney has appointed Angela Hultberg to the newly created role of Global Head of Sustainability, with responsibility for supporting clients to transition to sustainable business practices. Hultberg takes on her new role after 4 years at Kearney, joining the firm in 2022, and most recently serving as Global Sustainability Director, supporting clients in the automotive, consumer and…
CIP Acquires Ørsted’s European Onshore Renewables Business for $1.7 Billion
Energy infrastructure investment manager Copenhagen Infrastructure Partners (CIP) announced today that it has signed an agreement to acquire the European onshore renewable energy business of Denmark-based energy developer Ørsted, in a transaction valued at €1.44 billion (USD$1.7 billion). The transaction marks the completion of a major divestment program for Ørsted aimed at shoring up the company’s capital position, following a turbulent…