Index provider FTSE Russell announced today the launch of two new fixed income indices, including the FTSE Fixed Income TPI Climate Transition Index Series and the FTSE Fixed Income TPI Focused Glidepath Index Series, aimed at supporting investors in meeting their climate commitments. According to FTSE Russell, the launch of the new indices comes amid growing demand from investors growing…
Microsoft announced a new purchase agreement with enhanced rock weathering (ERW)-focused carbon removal project developer UNDO, for the permanent removal of 15,000 tonnes of CO2 from the atmosphere using rocks and soil. Founded in 2022, London-based UNDO develops carbon removal projects based on enhanced rock weathering. The company’s technology accelerates the natural geological process of weathering by spreading crushed silicate…
San Diego-based Measurabl, a real estate-focused ESG data technology provider, announced the promotion of Maureen Waters to the newly created role of President. Previously, Waters was the company’s Chief Growth Officer. Founded in 2013, San Diego-based Measurabl provides a data management platform enabling commercial, residential and corporate real estate owners and asset managers to measure, manage, and report ESG data….
Hey everyone! Luke (CCO) here writing about New York Climate Week! Entering the third day here in New York, we started off listening to two juxtaposing sentiments – there are countless tech solutions available to public and private enterprises today, to get going with decarbonisation. This means focusing on the type of power you are using for your own operations and…
The European Commission announced today the launch of a consultation on a new proposed EU Flight Emissions Label (FEL), an initiative which aims to provide passengers with information about their flight’s carbon footprint. The FEL forms part of the EU’s RefeulEU Aviation regulations, adopted last year and aimed at decarbonizing aviation. Under the initiative, passengers will be able to see…
Corporate boards have been seeing a declining focus on ESG issues, with slightly less than half including ESG as part of their regular agenda, as most directors report ambiguity into the meaning of ESG, many viewing it as a charged term, and less than one in ten agreeing that ESG means the same thing as sustainability, according to the new…
The Italian Competition Authority announced that it has launched a investigation into global fashion online retailer Shein’s website operator Infinite Styles Services Co over possibly misleading advertising claims made on the site regarding the environmental sustainability of Shein branded clothing. According to the regulator, the investigation is focused on the possible misleading nature of environmental claims in several sections of…
Energy and automation digital solutions provider Schneider Electric announced today the launch of its new Building Decarbonization Calculator, designed to enable building owners and operators to quickly test and explore a range of energy and carbon conservation measures (ECCMs). Buildings are a key source of global greenhouse gas (GHG) emissions, and also one of the hardest to replace, given their…