Q: As we begin 2025, where do we currently find ourselves in terms of a sustainable market? JC: It is an important question, both in terms of grounding where our market is and where it should be heading. It feels to me that the whole sustainable investment market has lost a little bit of its purpose. At CCLA we have…
Climatetech Incubator Greentown Labs Appoints Georgina Campbell Flatter as New CEO
Nonprofit climatetech startup incubator Greentown Labs announced today the appointment of Georgina Campbell Flatter as its incoming Chief Executive Officer. Founded in 2011 out of the MIT ecosystem, Greentown Labs aims to accelerate climatetech innovation and commercialization by empowering entrepreneurs and enabling collaboration, bringing together founders, corporates, investors and policymakers. The organization opened a second location in Texas, Greentown Houston,…
Vanguard Softens Language on Diversity for U.S. Proxy Voting Policy
Vanguard, one of the world’s largest investment managers, released its updated proxy voting policy for U.S. portfolio companies, which included less prescriptive language on board diversity expectations for companies. While the updated policy guide includes a similar explanation to prior years that Vanguard “look for boards to be fit for purpose by reflecting sufficient breadth of skills, experience, perspective, and…
Île-de-France Mobilités Raises €1 Billion in First-Ever Public Sector “EuGB” Green Bond Offering
Paris-area public transport authority Île-de-France Mobilités announced that it has raised €1 billion in a new green bond offering, the first by a public entity to be issued under the European Green Bond (EuGB) Regulation. The offering marks continued early uptake of the new EuGB label, following the first €500 million corporate issuance earlier this year by Italian utility company…
Court Ruling Halts UK Approval of Major Shell, Equinor Oil and Gas Projects Over Lack of Climate Considerations
A Scottish court ruling quashed approvals by the UK’s Oil and Gas Authority (OGA) for major oil and gas projects in the North Sea by Shell and Equinor, over the government’s failure to account for the climate impact of the use of fuels produced from the projects. While the ruling, provided by Lord Ericht, allowed work on the projects to…
ESG Today: Week in Review
This week in ESG news: EU pledges to simplify sustainability reporting laws; 10-state coalition warns major Wall Street firms over ESG policies; Moody’s predicts $1 trillion sustainable bond market despite political headwinds; Microsoft signs nature-based carbon removal megadeal; Switzerland targets 65% GHG emissions reduction by 2035; first-ever green bond issued under new EuGB ‘gold standard’; BlackRock launches first-ever “Sustainability Improvers”…
8 Practical Ways Oil and Gas Companies Can Align Investments with Sustainability Goals
The energy transition is underway, and oil and gas companies are under increasing pressure to align their investment strategies with sustainability goals. From regulatory frameworks to stakeholder expectations, the impetus to integrate sustainability considerations into decision-making has never been greater. But how can companies practically align their investments with these objectives while maintaining profitability?