News - ESGWise - Page 269

January 15, 2025

New York Governor Commits $1 Billion to Decarbonize Economy

New York Governor Kathy Hochul unveiled plans to invest more than $1 billion aimed at decarbonizing the state’s economy. Announced at Hochul’s 2025 State of the State presentation, the Governor’s planned investments cover areas including expanding renewable energy and supporting low carbon buildings and transportation. Hochul’s planned climate investments also include exploring the acceleration of advanced nuclear energy technologies, with…

News 0 1 min read

January 15, 2025

Sugar withdrawal: Engaging with food companies on ultra-processed foods

Right now, I should be writing my first article of 2025, but I can hardly concentrate. My mouth is dry, my hands are a bit shaky, and it’s a struggle. Now, for some, that might just be a winter flu, but in my case, it’s because I’ve given up processed sugar for January. I’ve done this for the last few…

News 0 4 min read

January 15, 2025

Investors set to progressively incorporate nature data into their decision-making process

Institutional investors are increasingly considering the interconnected challenges of biodiversity loss and climate change, the need to better understand the dependencies and impacts involved and to assess related risks and opportunities in their portfolios, according to an inaugural study conducted by ISS STOXX’s Natural Capital Research Institute, and published by ISS ESG. The report’s key focus is tropical forests, expanding…

News 0 2 min read

January 15, 2025

Europe’s gender pay gap is ‘concerning’ despite higher renumeration for female directors

The gender pay gap across European financial services boardrooms increased from 31% to 36% between 2019 and 2023 despite a rise in remuneration for women non-executive directors, according to the latest EY European Financial Services Boardroom Monitor. EY compared the renumeration rates between North America and Europe, and found non-executive directors working for European financial firms have a larger gender…

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January 14, 2025

Apollo, Standard Chartered Launch $3 Billion Energy Transition Financing Partnership

Global alternative investment manager Apollo and UK-based international banking group Standard Chartered announced today the launch of a new strategic partnership focused on accelerating financing for infrastructure, clean transition and renewable energy globally. The new initiative follows the launch by Apollo in 2023 of Apollo Clean Transition Capital (ACT Capital), an investment strategy aimed at investing in companies to provide…

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January 14, 2025

Biden Drilling Ban Throws Spanner in the Works for Trump

Outgoing president’s “parting shot” offers further uncertainty for investors ahead of expected policy, funding rollbacks. An executive order introduced by US President Joe Biden is likely to infringe on his successor’s ambitions to cut clean energy production and scale-up domestic oil and gas output, policy experts have argued. This comes ahead of an expected slew of climate policy and funding…

News 0 5 min read

January 14, 2025

Quality Seen as Key to Future of Proxy Voting

Reducing number of votes would enhance their strategic value, says a recent report from investment research institute FCLTGlobal. Responsible investment experts have welcomed a new recommendation to boost the quality of proxy votes by reducing the number of items included on the ballot forms. In a recent report, investment research institute FCLTGlobal suggested that the right to propose resolutions should…

News 0 4 min read

January 14, 2025

NatureMetrics Raises $25 Million to Scale Biodiversity Monitoring and Reporting Platform

UK-based biodiversity measurement and monitoring solution provider NatureMetrics announced that it has raised $25 million in a Series B funding round, with proceeds to be used to enhance its nature data platform, expand its international reach, and scale its solution to meet the increasing data requirements of its corporate and conservation customers. Founded in 2014, NatureMetrics provides solutions enabling companies…

News 0 1 min read

January 14, 2025

Meta Ramps Texas Renewable Energy Purchases with Engie to 460 MW

Engie North America, part of the France-based Engie Group, announced a new renewable energy supply deal with social media giant Meta with renewable energy. Under the new Environmental Attributes Purchase Agreement (EAPA), Engie will provide 200 MW of renewable energy and associated environmental attributes to Meta from its Anson 2 solar project in Jones County, Texas. The facility is expected…

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January 14, 2025

ERM Acquires Newfields’ Environmental Division

Sustainability consulting firm ERM announced an agreement to acquire the Environmental Division of NewFields Companies. According to ERM, the acquisition is aimed at expanding its offerings in remediation and environmental services, and enhancing its ability to help clients manage liabilities and risks. Atlanta-based NewFields is an environmental, engineering, and construction management consulting firm, and its Environmental Division provides consulting, site…

News 0 1 min read