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Normative Launches New CSRD Sustainability Reporting Offering

Normative Launches New CSRD Sustainability Reporting Offering

Carbon accounting software provider Normative announced today the launch of a new offering aimed at supporting businesses in meeting the disclosure requirements under the EU’s new Corporate Sustainability Reporting Directive (CSRD). The CSRD is a major update to the EU’s sustainability reporting framework, significantly expanding the number of companies required to provide sustainability disclosures to over 50,000 from around 12,000….

Speeki Launches New Carbon Data Collection and Reporting Solution

Speeki Launches New Carbon Data Collection and Reporting Solution

Sustainability management and reporting solutions provider Speeki announced today the launch of Carbon Lens, a new AI-powered tool aimed at enabling companies to automate Scope 1, 2 and 3 greenhouse gas emissions data collection and streamline carbon management efforts. According to Speeki, the new solution comes as companies are increasingly required to disclose their carbon footprint as part of their…

Mainstream but Muted

Investor engagement and regulation have helped to improve corporate human rights commitments, but progress remains patchy. The concept of human rights due diligence and responsibility has now become “mainstream” in the corporate world – led in part by investors’ efforts to engage on the issue, and under the impulse of regulation. It is almost 76 years since the UN Universal…

EU Commission Commits €4.6 Billion to Support Cleantech Projects

EU Commission Commits €4.6 Billion to Support Cleantech Projects

The newly appointed European Commission announced today plans to invest €4.6 billion in decarbonization technology and clean hydrogen projects, utilizing funds raised through its EU Emissions Trading System (EU ETS). The new investment commitments include two new calls for proposals totalling €3.2 billion for net zero technologies, including €1 billion targeted specifically to electric vehicle battery cell manufacturing, and a…

Plastics Schism Raises Investors’ Regulatory Risks

Petrostates, petrochemical companies and lobbyists derail potential for “ambitious” global policy instrument, increasing the prospect of a fragmented environment. Last weekend’s failure to establish a legally binding Global Plastics Treaty risks exposing investors to regulatory fragmentation, after the latest set of negotiations underlined major divisions between countries. Countries’ inability to reach a deal raises the prospect of disparity across jurisdictions over…

Mirova Appoints Raphaël Lance as Head of New Real Assets Platform

Mirova Appoints Raphaël Lance as Head of New Real Assets Platform

Sustainability-focused investment manager Mirova announced today the creation of a new real assets platform, grouping together its Energy Transition Infrastructure, Natural Capital and Private Equity businesses. Raphaël Lance, currently Head of Energy Transition Infrastructure Funds, will head this new platform. Mirova was launched as a subsidiary of Natixis Investment Management in 2014, with a focus on sustainable and impact investing….

Coca-Cola Scales Back Sustainable Packaging, Agriculture Goals

Coca-Cola Scales Back Sustainable Packaging, Agriculture Goals

The Coca-Cola Company announced today a series of new 2035 environmental goals, updating and replacing its current targets in areas across water, packaging and emissions, and in some cases softening and pushing back on its prior ambitions, including its goal to increase the use of recycled materials, which has been moved to a target of 35% to 40% by 2035,…

AI and the human factor in the financial industry of the future

AI and the human factor in the financial industry of the future

Will the evolving use of artificial intelligence in financial services hollow out the sector by replacing human beings with automated functions and algorithms? If not, what role will humans play in an increasingly AI-driven future? Tariq Munir, a Digital transformation advisor and keynote speaker, and Gilles Bonelli, founder and CEO of UK digital and sustainable finance… The post AI and the…

UK Warned Against Divergence from EU CBAM

Alignment in carbon pricing rules will lessen compliance burden and may serve as protection against trade tariffs.  Confirmation of a UK carbon tax on imports has sent investors a positive signal of the Labour government’s climate ambition, but experts insist it must be interoperable with the EU’s carbon rules to minimise disruption.  Currently slated to come into effect from January…

Asset Owners too Timid on Climate Policy Engagement

A majority of large asset owners have been found to be underperforming in their efforts to address systemic risk at a macro level.  Some of the world’s largest asset owners are failing to engage with policymakers to push for ambitious climate policies that align with the goals of the Paris Agreement.  As they increasingly recognise climate change as a systemic…