International Airlines Group (IAG), the parent company of airlines including Aer Lingus, British Airways, Iberia, Vueling and LEVEL, announced that it will purchase Sustainable Aviation Fuel (SAF) from Infinium, a producer of eSAF, a synthetic drop-in fuel substitute derived from natural sources. The deal will see Infinium provide commercial volumes to any of IAG’s five airlines over ten years. Founded…
Impact-focused investment firm LeapFrog Investments has announced that it has raised over $1.15 billion for its flagship social impact strategy, including reaching commitments of $1.02 billion for its fourth and largest fund (Fund IV), which aims to reach 100 million lower-income people in growth markets with healthcare or financial tools, ahead of the fund’s $1 billion target. Launched in 2008,…
By: Marta Krupinska, CEO of CUR8 For way too long, the question on every climate-conscious CFO’s mind was: “Do we truly need carbon removals?” While the science on carbon emissions and their effect on global warming was undisputed, seeing the strategic value of carbon removal remained elusive for corporate leaders. As businesses ramped up their climate action plans, questions lingered:…
The world’s largest companies are increasingly integrating ESG performance in executive and board compensation, and are appointing dedicated sustainability leaders, as they continue to set climate goals and prepare for regulatory sustainability-related disclosure requirements, according to a new report released by global professional services firm KPMG. For the report, KPMG’s Survey of Sustainability Reporting 2024, KPMG analyzed the sustainability reports…
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