The Science Based Targets initiative (SBTi), one of the key organizations focused on aligning corporate environmental sustainability action with the global goals of limiting climate change, announced the appointment of climate action and sustainability veteran David Kennedy as its new CEO. The appointment follows a tumultuous year for the SBTi, which saw its prior CEO resign following a controversial plan…
JPMorganChase has chosen to exit the Net-Zero Banking Alliance, ESG Today has confirmed, marking the latest in a rapid-fire series of departures from the UN-backed coalition of banks dedicated to advancing global net zero goals through their financing activities. The departure makes JPMorgan the last large-scale U.S.-based bank to leave the NZBA, following the exit over the past few weeks…
Snacking, food, and pet care products provider Mars announced that it aims to achieve a physically segregated global cocoa supply chain by 2030, building on its existing commitment to only use responsibly sourced cocoa in its products by creating greater transparency in its cocoa supply chain. Mars is a major user of cocoa, with more than 350,000 farmers in its…
Market data and solutions provider S&P Global announced the appointment of Lauren Smart as Head of S&P Global Sustainable1, leading the company’s sustainability-focused business unit. Smart joined S&P Global through the company’s 2016 acquisition of carbon and environmental data and risk analysis company Trucost, which she joined as a startup. She was chosen as part of the start up team…
Market data and solutions provider S&P Global announced the appointment of Lauren Smart as Head of S&P Global Sustainable1, leading the company’s sustainability-focused business unit. Smart joined S&P Global through the company’s 2016 acquisition of carbon and environmental data and risk analysis company Trucost, which she joined as a startup. She was chosen as part of the start up team…
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…