Asset managers Mirova, Robeco, and Edmond de Rothschild AM and sustainability-focused consulting firms I Care by BearingPoint and BCG’s Quantis announced today the launch of the Avoided Emissions Platform (AEP), a new tool aimed at enabling investors and companies to assess and compare the decarbonization impact of different climate solutions. According to the companies, the new platform comes to address…
Switzerland-based sustainable materials startup Bloom Biorenewables announced that it has raised CHF 13 million (USD$15 million) in a series A funding round, with proceeds aimed at advancing the development of the company’s technology to convert plant material into chemicals, industrial inputs and fuel. Established in 2019, the Bloom Biorenewables transforms natural materials found in biomass to create an alternative to…
ISS ESG, the sustainable investment-focused arm of ISS STOXX, announced today the launch of Sustainability Bond Rating, a new rating system aimed at providing investors with sustainability impact and risk assessment for corporate and sovereign green, social, sustainability, and sustainability-linked (GSSS+) bonds. According to ISS ESG, the new rating considers the sustainability impact and risk of the bonds’ issuers, as…
The International Air Transport Association (IATA) announced today the launch of the Sustainable Aviation Fuel (SAF) Registry, a new tool aimed at facilitating a global market for sustainable aviation fuel by tracking SAF transactions and environmental benefits, and connecting buyers and sellers. Fuel accounts for the vast majority of the aviation sector’s emissions. Generally produced from sustainable resources, like waste…
Áine Clarke, Head of KnowTheChain and Investor Strategy at the Business & Human Rights Resource Centre, explains how investors can clean up supply chains. The information and communication technology (ICT) sector fuels modern economic growth, driving advancements in AI, 5G mobile connectivity, electric vehicles and renewable energy. Its innovation potential and perceived sustainability credentials have drawn ESG investors seeking strong…
Lawmakers in the European Parliament announced today an agreement to approve the European Commission’s ‘stop-the-clock’ directive, delaying the implementation of key sustainability reporting and due diligence regulations, including the CSRD and CSDDD. The agreement was supported by a large majority of MEPs in a 531 – 69 vote, despite a series of amendments submitted by far-left and right parties, which…
More than 80% of large EU-based companies are now integrating sustainability considerations in the compensation packages for senior executives, nearly twice the rate of their U.S. counterparts, according to a new report released by professional services firm KPMG. The report also found that U.S. companies lag their global peers on tying sustainability factors in compensation to topics that are material…