Global investment manager Nuveen announced the appointment of former RWE senior executive Costas Papamantellos as Head of Energy Transition Investments, as part of the firm’s Clean Energy Infrastructure team. The new appointment follows the announced launch by Nuveen earlier this month of its new dedicated Global Infrastructure Investment Platform, combining several of its infrastructure-focused teams, including its Clean Energy Infrastructure,…
Snacking, food, and pet care products provider Mars announced new agreements with renewable energy developer GoldenPeaks Capital to launch more than 100 new solar projects in Poland to supply renewable electricity to Mars and to agriculture company Cargill, one of Mars’ largest suppliers. The new agreement forms Mars’ first European contract under its Renewable Acceleration program, aimed at accelerating the…
The International Organization for Standardization (ISO) announced the launch of “ISO 17298: Biodiversity for organizations,” a new standard aimed at helping organizations to assess and address their biodiversity impacts, dependencies, risks and opportunities. According to ISO, the new standard comes amidst growing regulatory, reputational, and operational pressures from increasing biodiversity risks, with $44 trillion, or over half of global GDP,…
The European Commission unveiled a series of pieces of scheduled legislation slated for delay through “de‑prioritisation,” including the adoption of European Sustainability Reporting Standards (ESRS) for companies outside of the EU under the Corporate Sustainability Reporting Directive (CSRD). The de‑prioritisation process was revealed in a letter from the Commission to the EU’s financial regulators, forming part of its simplification agenda,…
Brookfield Asset Management announced that it has raised $20 billion in commitments and strategic capital at the final close of the Brookfield Global Transition Fund (BGTF II), marking the largest-ever private fund dedicated to the transition to clean energy. In addition to exceeding its fundraising target and exceeding the size of its record-breaking predecessor BGTF fund, Brookfield also announced that the…
By: Simon Weaver, Global Head of ESG Advisory, KPMG International The narrative around ESG has often been framed as a moral obligation or a regulatory burden, but the KPMG 2025 CEO Outlook findings, released this week, unequivocally demonstrate a profound shift. Business leaders now clearly understand that ESG is not just “good for the planet” but fundamentally “good for business.”…