The New York State Common Retirement Fund, one of the largest public pension plans in the U.S., announced the allocation of $2.4 billion to its Sustainable Investments and Climate Solutions (SICS) Program through investments in three climate-focused investment funds. State Comptroller Thomas P. DiNapoli also announced that the fund completed its annual review of thermal coal, oil sands, shale oil…
The number of companies achieving an “A” score in at least one category in research provider and environmental disclosure system CDP’s annual assessment jumped by 30% in 2024, but still represented only 2% of disclosing companies, CDP reported. CDP runs a global environmental disclosure system, enabling investors and other stakeholders to measure and track organization’s performance in key environmental sustainability…
The 55th Earth Day takes place today (22 April 2025) with the theme of ‘Our Power, Our Planet’, calling for action to triple clean electricity generation by 2030. According to the International Energy Agency (IEA), the deployment of renewables for electricity generation, for heat production for buildings and industry, and in transport is one of the main enablers of keeping…
The 55th Earth Day takes place today (22 April 2025) with the theme of ‘Our Power, Our Planet’, calling for action to triple clean electricity generation by 2030. According to the International Energy Agency (IEA), the deployment of renewables for electricity generation, for heat production for buildings and industry, and in transport is one of the main enablers of keeping…
Global investment manager Franklin Templeton announced the launch of the Franklin S&P 500 Screened UCITS ETF and the Franklin S&P World Screened UCITS ETF, two new exchange traded funds targeted at European investors, aimed at providing enhanced ESG and reduced carbon footprint features while closely tracking the performance of their U.S. and global equity benchmarks. The new ETFs are classified…
Microsoft and nature-based solutions company Living Carbon announced today a large-scale carbon removal deal, with Microsoft agreeing to purchase 1.4 million tonnes of carbon removal credits from Living Carbon’s reforestation projects on degraded mine lands in the U.S. Founded in 2019, California-based Living Carbon transforms marginal land into high-value environmental assets, with a focus on restoring abandoned mines, degraded farmland,…
Business sustainability ratings and solutions provider EcoVadis announced the launch of its new EcoVadis Worker Voice survey, a new workforce engagement tool aimed at providing companies with real-time information on responsible sourcing and human rights human rights issues in their supply chains. According to EcoVadis, the new tool comes as supply chain disruption and a volatile trade environment increase risks…