In our “Sustainable Voices” series, we aim to talk with a diverse set of leaders tackling climate change and sustainability challenges, highlighting their journeys into the field and offering advice for others looking to take action. In this installment, we spoke with Stavros Koutsantonis, chief operating officer and managing director of agricultural investment at New Hampshire-based Conservation Resources, a private…
Cultivating Resilient Farms and Steady Returns: A Profile of Conservation Resources’ Stavros Koutsantonis
In our “Sustainable Voices” series, we aim to talk with a diverse set of leaders tackling climate change and sustainability challenges, highlighting their journeys into the field and offering advice for others looking to take action. In this installment, we spoke with Stavros Koutsantonis, chief operating officer and managing director of agricultural investment at New Hampshire-based Conservation Resources, a private…
EU Delays Increased Sustainability Reporting Requirements for Large Companies by 2 Years
The European Commission announced the adoption of a series of “quick fix” amendments to the European Sustainability Reporting Standards (ESRS), delaying the addition of new requirements for large companies already reporting under the Corporate Sustainability Reporting Directive (CSRD), including new disclosures in areas including biodiversity, workers in the value chain, and Scope 3 emissions. The amendments come as the EU…
Jupiter shares rise on £100m CCLA acquisition
Jupiter Fund Management has snapped up CCLA Investment Management for £100m, subject to regulatory approvals. The deal will add £15bn in assets under management, run on behalf of charities, religious institutions and local authorities, when it completes before the end of 2025. CCLA will retain its brand, investment teams and client engagement model to ensure client continuity. Jupiter said in…
HSBC Exits Net Zero Banking Alliance
HSBC announced that it has decided to withdraw from the Net-Zero Banking Alliance (NZBA), following its North American peers to become the first major UK bank to exit the UN-backed coalition dedicated to advancing global net zero goals through their financing activities. Despite its departure from the NZBA, however, HSBC reiterated its commitment to pursue its net zero by 2050…
ESG Today: Week in Review
This week in ESG news: Mars launches $250 million sustainability solutions fund, ties exec compensation to climate goals; EU proposes major simplification of sustainability taxonomy; Google turns the corner on data center emissions, but supply chain drags carbon footprint higher; revised European Sustainability Reporting Standards may cut datapoints by two thirds; Microsoft signs 3 million ton carbon removal deal; Iberdrola,…
California Releases FAQ to Guide Companies Beginning Mandatory Climate Reporting
The California Air Resources Board (CARB), the regulator charged with developing and enforcing new regulations requiring large companies to disclose their value chain emissions and report on climate-related financial risks, announced the release of a new publication of frequently asked questions (FAQ), aimed at providing an update on its regulatory development for the new regulations, and on guiding companies preparing…
Frontier Coalition Signs $41 Million Carbon Removal Deal with Bioenergy Startup Arbor
Carbon removal buyer coalition Frontier announced a new $41 million offtake agreement with bioenergy carbon capture & storage (BECCS) company storage Arbor, to remove 116,000 tons of CO2 between 2028 and 2030, on behalf of companies including Google, Shopify, and H&M Group. The new offtake agreements will enable Arbor to proceed with its first commercial-scale plant near Lake Charles, Louisiana,…