Spanish telecommunications company Telefónica announced the launch of its new “Global Sustainability Plan 2026–2030,” setting out a series of environmental, social and governance targets aimed at supporting growth, improving operational efficiency and strengthening risk management, including a new interim climate target to cut value chain emissions by more than half by 2030. Telefónica said that the plan is structured around…
The government of Australia announced that it will strengthen its laws aimed at preventing modern slavery, including plans to make large companies criminally liable for failing to prevent modern slavery in their supply chains, unless they can prove they have taken reasonable steps to prevent it. The plans to update the modern slavery laws follows the publication of a report…
Guest post by: Larissa Machiels, Head of Impact at Holtara Ask a general partner how ESG creates value, and the answer usually comes easily. Ask them to put a number on it, and the confidence tends to thin out fast. Regulatory pressure and demand for transparency have pushed private equity firms to invest in ESG policies, portfolio data, and governance…
This week in ESG news: EU moves to relieve pressure of ETS carbon pricing system on industry; Deloitte launches new framework to measure value of sustainability investments; Google signs massive U.S. clean energy deal; Korea extends mandatory sustainability reporting to more companies; Microsoft reports 25% jump in emissions as AI buildout challenges climate goals; EU Commission warns all 27 member…
The European Commission announced the release of its highly-anticipated EU Emissions Trading System (ETS) review, proposing a series of changes to its main decarbonization policy, including measures to provide relief to industry by slowing the pace of emissions reduction mandated under the carbon pricing system and extending the allocation of allowances for several years, while also introducing measures to drive…
Delta Air Lines announced a new agreement with Shell Aviation, aimed at expanding its use of sustainable aviation fuel (SAF) at key U.S. hubs and priority cities through increased supply and the development of infrastructure to enable the fuel to reach aircraft. Under the five-year agreement, the two companies said that they will expand the supply of SAF for flights…
Deutsche Bank and the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) announced the launch of a new partnership to create a $1 billion platform aimed at increasing access to trade finance in frontier and emerging markets. MIGA promotes investment in developing countries to support economic growth, reduce poverty, and improve people’s lives, by reducing risk and fostering confidence among…
Circular textile technology startup Syntetica announced that it has raised $30 million in a Series A funding round, aimed at supporting the commercialization of its nylon recycling technology, with investors in the round including athletic apparel company lululemon and apparel manufacturer MAS Holdings. Founded in 2023 by Bertone and Louis Monsigny, Paris-based Syntetica develops chemical recycling technology that converts nylon-containing…
Walmart, General Mills, global agriculture company ADM announced a new strategic collaboration to accelerate regenerative agriculture by helping farmers in the U.S. Midwest adopt practices to improve soil health, water quality and carbon sequestration. Under the new collaboration, targeting 40,000 Midwest wheat acres, the companies said that the program will focus on key growing regions where General Mills sources wheat from…