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…
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…
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…
Global shareholder services advisory firm Sodali announced today the appointment of Andrew Benett as its new CEO. Bennet joins Sodali from global professional services firm PwC, where he served as a Partner for the firm’s Corporate Strategy and Sustainability Strategy Consulting businesses, including as Lead US Partner for all Sustainability Consulting GTM activities across the firm. His prior senior management roles…
Global investment manager Schroders announced that it has been awarded a £5.2 billion (USD$6.3 billion) sustainable investment mandate by UK wealth manager St. James’s Place (SJP), as the new manager of the SJP Sustainable & Responsible Equity fund. The announcement forms part of a series of changes by SJP to the fund, including an increased focus on sustainability, which SJP…
The Net Zero Asset Managers (NZAM) initiative, a major multi-trillion dollar group of investment managers committed to supporting the goal of net zero greenhouse gas emissions by 2050, announced that it will suspend its primary activities, as it moves to adapt to a changing political and regulatory environment. The move follows an announcement by BlackRock, the largest global investment management…
EU banking supervisor The European Banking Authority (EBA) announced the release of its final Guidelines on the management of ESG risks, setting out requirements for banks to identify, measure manage, and monitor ESG risks, and detailing requirements for banks’ plans to monitor and address the financial impact of risks, including those stemming from the EU’s transition to climate neutrality by 2050….