California-based VC investor Trucks Venture Capital (Trucks VC) announced the launch of Trucks Venture Fund 3 (TVF3), its third flagship fund focused on startups aligned with its mission to make transportation decarbonized, safer, and more accessible. The firm said that it has closed on $70 million in commitments for the new fund, making it Trucks VC’s largest to date. LP…
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…