UK-based supply chain risk and performance management solutions provider Achilles announced today the acquisition of Global Risk Management Solutions (GRMS), in a move described by the company as aimed at enhancing its supply chain sustainability capabilities and strengthening its US and Canadian presence. Founded in 2010, Irvine, California-based GRMS provides customizable supplier risk assessment programs, aimed at offering companies with…
Energy and automation digital solutions provider Schneider Electric announced the appointment of Chris Leong as its new Chief Sustainability Officer. In her new role, Leong will be responsible for driving Schneider Electric’s sustainability strategy, commitments and engagements, in areas ranging from corporate citizenship and institutional affairs to sustainability performance and environmental impact, the company said. Leong has been with Schneider…
A group of institutional shareholders, alongside sustainable investment-focused organizations ShareAction and the Australasian Centre for Corporate Responsibility (ACCR), announced today the filing of a new shareholder resolution at Shell, calling on the company to provide more transparency regarding the consistency of its plans to significantly grow its production of liquefied natural gas (LNG) with its commitment to reach net zero emissions…
International asset manager Robeco announced the key focus areas for its 2025 corporate engagement activity, with a continued focus on ‘evergreen’ issues including climate, nature and human rights, an expansion of engagement on deforestation in commodity supply chains, and new themes including supply chains in transition minerals and shareholder rights. According to Robeco, the firm chooses engagement themes each year through…
U.S. President Biden Joe Biden announced today the issuance of new Presidential Memoranda aimed at permanently protecting coastal areas from offshore drilling by prohibiting future oil and natural gas leasing across more than 625 million acres of the U.S. ocean. Areas covered by the new leasing bans include entire eastern U.S. Atlantic coast and the Eastern Gulf of Mexico, the…
The Glasgow Financial Alliance for Net Zero (GFANZ), a UN-backed climate-focused multi-trillion dollar coalition of financial institutions, announced the launch of a significant restructuring, including a shift in focus towards enabling the mass mobilization of capital to support the low carbon transition, and opening participation widely even to firms not participating in its affiliated net zero coalitions. The restructuring follows…