• info@esgwise.org
More than 75% of CFOs Expect to Increase or Maintain Sustainability Investment After Trump Election: BDO Survey

More than 75% of CFOs Expect to Increase or Maintain Sustainability Investment After Trump Election: BDO Survey

Over three quarters of CFOs expect that their companies will maintain or increase sustainability-focused investments even after the recent U.S. election, although investment focus will shift away from environmental and social impact, and towards areas addressing stakeholder expectations and business operations, according to a new U.S.-focused survey released by accounting and advisory firm BDO. For the report, 2025 CFO Sustainability…

ESG Today: Week in Review

ESG Today: Week in Review

This week in ESG news: HSBC net zero goals delayed by 20 years; majority of companies to stick with climate reporting plans even if regulations change; IKEA publishes plan to achieve net zero; Canada pushes back climate reporting for banks, insurance companies; Nestlé and Mars to pay farmers to cut emissions in dairy supply chain; TNFD launches platform to upskill…

EU CBAM on the Table for Simplification Agenda

First omnibus package expected to shrink scope of carbon levy on imports as bloc wrestles with competitiveness fears. The simplification of the EU’s carbon tax mechanism for emissions-intensive imported goods will help to reduce the compliance burden for companies, but its application timeline must be upheld, according to policy specialists.   The EU has committed to a five-year simplification agenda…

Canada Pushes Back Requirement for Banks, Insurance Companies to Report Financed Emissions by 3 Years

Canada Pushes Back Requirement for Banks, Insurance Companies to Report Financed Emissions by 3 Years

Canada’s financial regulator, the Office of the Superintendent of Financial Institutions (OSFI), announced a new update to its climate-related financial disclosure expectations for banks and insurance companies, including a significant delay to the requirement for firms to disclose the emissions originating in their loan books and underwriting activities, which had been set to begin next year. Released in March 2023,…

Battlelines Drawn Over UK Stewardship Code 

Investor concerns linger over attempts to sideline sustainability, but others say simplification was long overdue.  Many sustainability-focused investment managers and asset owners remain anxious that the UK’s Financial Reporting Council (FRC) has removed all mention of ‘environment’ and ‘society’ from its definition of stewardship.  Others, though, see this as a positive step, saying that the simplification will make it easier…

Take Five: Engaged on Stewardship

A selection of the major stories impacting ESG investors, in five easy pieces.  This week saw big questions raised over how and why investors use their influence as active owners. Common cause – At least some UK-based asset owners and managers found themselves on the same side of a couple of arguments this week. After a pension fund-led coalition laid…

Resilience to Take Centre Stage

Virginie Derue, Head of Responsible Investment Research at AXA Investment Managers, identifies unifying themes for 2025 across social and environmental issues.   Climate risks and geopolitics were both in the limelight, and often clashing, in 2024 as a myriad of questions were raised concerning the future of sustainability efforts.   In 2025, there is likely to be much scrutiny around…

Biodiversity Net Gain: One Year On

Sam Willis, Biodiversity Consultant at Ramboll, outlines opportunities for UK-based property developers and investors to hedge financial and nature risks. February 2025 marks the one-year anniversary of statutory biodiversity net gain (BNG), with UK developers now required to deliver a minimum 10% net gain on their developments, through on-site or off-site mitigation or via biodiversity credits. Recently, the Department for…

APAC’s Race to the Top 

Policy support for sustainability and governance is paving the way for greater corporate engagement, says Yvette Kwan, Executive Advisor at ASIFMA.   Shaking up existing stewardship practices can take time, especially when the current approach is so deeply embedded. But regulators in APAC want to improve things as they seek to attract fresh capital to the region.  Many countries in…

METYCLE Raises $15 Million to Modernize Metal Recycling

METYCLE Raises $15 Million to Modernize Metal Recycling

Startup METYCLE announced that it has raised €14.4 million (USD$14.8 million) in a Series A funding round to expand its platform for the sale and purchase of recycled and scrap metal, which aims to bring more efficiency to the global market, making it easier to recycle more metal and to reduce carbon emissions. According to the company, using recycled metals…