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Schneider Electric, PCAF Partner to Help Banks, Investors Measure & Report Financed Emissions

Schneider Electric, PCAF Partner to Help Banks, Investors Measure & Report Financed Emissions

Energy and automation digital solutions provider Schneider Electric and the Partnership for Carbon Accounting Financials (PCAF) announced today a new partnership, with Schneider Electric becoming the first global sustainability consultants to join the PCAF accredited partnership program, aimed at supporting banks and investors to measure and report financed emissions. The PCAF is a global partnership of financial institutions, launched globally…

Asia sees the light on ESG

In recent years, Asian companies have felt a greater need to improve their ESG credentials in order to stay relevant, according to Amol Gogate, emerging market fund manager at Carmignac. “Today, if you are in emerging Asia and have good-quality governance, the valuation multiples you get are so much better. Any entrepreneur who truly wants to create value will adopt…

Three ways climate transition plans can address financial risks

Addressing climate-related financial risks in climate transition plans is key to improving financial stability assessments, a report by the Financial Stability Board (FSB) revealed. The report – The Relevance of Transition Plans for Financial Stability – looked at financial and non-financial firms’ transition plans, and specifically, how a firms’ measurement of climate-related risks can influence financial stability. It found that…

SGS Expands Sustainability Platform with Launch of Nature Services Suite

SGS Expands Sustainability Platform with Launch of Nature Services Suite

Geneva-based testing, inspection and certification company SGS announced the launch of Nature services, forming a new pillar of its recently launched sustainability suite, IMPACT NOW, focused on helping companies to manage environmental risk. Announced in November 2024, IMPACT NOW consolidates SGS’ sustainability offerings under four strategic pillars, including climate, circularity, nature and ESG assurance. Key services offered under the new…

Barclays Head of Sustainability Steps Down

Barclays Head of Sustainability Steps Down

Barclays’ Group Head of Sustainability Laura Barlow has stepped down from her position at the UK-based bank, ESG Today has confirmed. A spokesperson from Barclays said that Barlow will continue to work for the bank as an advisor. Barlow joined Barclays in 2021, and has been serving as Group Head of Sustainability, responsible for leading the firm’s strategy, policy and…

EV Startup Harbinger Raises $100 Million to Meet Demand for Electric Trucks

EV Startup Harbinger Raises $100 Million to Meet Demand for Electric Trucks

Harbinger, a California-based maker of chassis for electric vehicles, announced it has raised $100 million in a Series B funding round, with proceeds aimed at scaling the volume production of its medium-duty electric truck platform. Founded in 2021, Harbinger specializes in the development of chassis for electric commercial and specialty vehicles. The product comes ready to use, and is designed…

Amazon to Invest Over $1 Billion to Decarbonize Deliveries in Europe

Amazon to Invest Over $1 Billion to Decarbonize Deliveries in Europe

Amazon announced it plans to invest more than $1 billion to electrify and decarbonize its transportation network across Europe over the coming years. The plans come as Amazon unveiled its largest-ever heavy-duty electric truck order, with more than 200 trucks to beEV added to its fleet in Europe. According to Amazon, the new order forms part of the company’s Climate…

What are the Benefits of B Corp Certification? A Concise Answer!

B Corp Certification is increasingly recognised as a hallmark of ethical business practices. But beyond the prestige, what are the tangible benefits of becoming a B Corp? In this article, we’ll explore how B Corp Certification can positively impact your business, and how ESG Pro Limited can support you in reaping these benefits. 1. Enhanced Brand Reputation One of the…

responsAbility Raises Over $350 Million for Asia-Focused Climate Tech Investment Strategy

responsAbility Raises Over $350 Million for Asia-Focused Climate Tech Investment Strategy

M&G’s impact investing unit responsAbility Investments announced today that it has raised over $350 million for its Asia Climate Strategy, aimed at actively contributing to CO2 reduction in Asia through targeted investments in low-emission technologies. Launched in November 2023, the strategy was established with a target to reach $500 million, and a goal to achieve 16 million tons of CO2…

How Technology is Transforming Stewardship

How Technology is Transforming Stewardship

Asset managers and owners are using AI and other innovations to vote and engage with companies more effectively and efficiently. The volume of stewardship activity has evolved considerably in just a few years, leading many asset managers to either buy or build their own technologies to improve the efficiency with which they interact with investee companies. “Five years ago, we…