Private banking and asset management company Edmond de Rothschild announced the appointment of Eric de Tessières as Group Chief Sustainability Officer, overseeing the firm’s sustainability initiatives, across asset management and private banking. de Tessières joins Edmond de Rothschild after nearly 20 years at BNP Paribas, most recently as Chief Operating Officer of the Sustainability Center and Head of Solidarity Investments…
Energy giant Occidental (Oxy) and its Direct Air Capture (DAC)-focused subsidiary 1PointFive announced that they have been awarded permits by the U.S. Environmental Protection Agency (EPA) to sequester CO2 captured from its Texas-based DAC megaproject STRATOS in deep underground wells. According to Oxy, the permits are the first to be issued to sequester CO2 from a DAC project. 1PointFive is…
It appears that multi-billionaire and current ESG-basher Elon Musk has worn out his welcome in the Oval Office amidst rumors that he plans to step down from the Department of Government Efficiency (DOGE) at the end of May. Musk has been under intense pressure to refocus his attention on his struggling Tesla brand. His slash-and-burn approach to government cost-cutting also…
New York State’s Department of Environmental Conservation (DEC) announced the release of new draft regulations, proposing mandatory greenhouse gas (GHG) emissions reporting from some significant emitters, with reporting to begin in 2027 on the previous year’s data. While noting that the new proposal “does not impose requirements for facilities to reduce GHG pollution or to obtain emission allowances,” it forms…
By: Chad Spitler, Founder and CEO, Third Economy Risk mitigation is top of mind for U.S. corporate issuers in 2025, as the current federal administration attacks diversity, equity and inclusion, or “DEI”. Just pick up a newspaper or scroll through LinkedIn and you’ll see hundreds of responses to corporate DEI commitments (or retractions) in reaction to recent legal challenges and…