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Societe Generale Targets €500 Billion of Sustainable Finance by 2030

Societe Generale Targets €500 Billion of Sustainable Finance by 2030

Paris-based financial services group Societe Generale announced today that it has achieved a series of its sustainable finance goals ahead of schedule – including its goal to facilitate €300 billion of financing for environmental and social activities between 2020 and 2025 – and unveiled a new sustainable finance target of €500 billion from 2024 to 2030. The company also said…

Impact Investing in Quality Jobs

Private equity firms can create positive social impact by investing in job quality and cultivating an engaged workforce, says Tim Bubnack at HCAP Partners. The unemployment rate in the US has hovered around 4% since November 2021, having soared to 14.9% in April 2020 at the start of the Covid-19 pandemic. Over the past three years, the number of jobless…

Online Cash Machine Review – Is It Legit? Let’s Find Out!

Online Cash Machine Review – Is It Legit? Let’s Find Out!

Online Cash Machine is a platform offering tools and strategies to generate income online through automation, affiliate marketing, and e-commerce. Official Website: Click Here What Is Online Cash Machine? The Online Cash Machine is an internet-based program or service designed to help users earn money online, often marketed as a system to generate passive or semi-passive income. These platforms typically…

European Commission to propose revision of corporate sustainability legislation

European Commission to propose revision of corporate sustainability legislation

In a significant development for EU corporate sustainability legislation, European Commission President Ursula von der Leyen has announced plans to merge three cornerstone sustainability frameworks – the Corporate Sustainability Due Diligence Directive (CSDDD), the Corporate Sustainability Reporting Directive (CSRD), and the Taxonomy Regulation – through so-called omnibus legislation. While the Commission maintains this consolidation aims to streamline reporting burdens and…

EU Commission Estimates Green Bond Investments to Reduce Emissions by 55 Million Tons per Year

EU Commission Estimates Green Bond Investments to Reduce Emissions by 55 Million Tons per Year

The European Commission announced today the release of its NextGenerationEU (NGEU) Green Bonds Allocation and Impact Report 2024, with information on the allocation of proceeds from the issuance of NGEU Green Bonds and their estimated realized and expected climate impacts, revealing that investments funded by green bonds under the program are anticipated to reduce greenhouse gas emissions by an estimated…

Quinbrook Infrastructure Partners Appoints Hilkka Komulainen as Global Head of Sustainability and Impact

Quinbrook Infrastructure Partners Appoints Hilkka Komulainen as Global Head of Sustainability and Impact

Energy transition-focused investor Quinbrook Infrastructure Partners announced today tha appointment of Hilkka Komulainen as its new Global Head of Sustainability and Impact. Komulainen succeeds Anne Foster in the role, and will direct Quinbrook’s sustainability and impact initiatives across all the firm’s funds in all the regions where it operates. Komulainen joins Quinbrook from Aegon UK, one of the UK’s largest…

ISS ESG Launches Customizable Portfolio Climate Impact Reporting Solution for Investors

ISS ESG Launches Customizable Portfolio Climate Impact Reporting Solution for Investors

ISS ESG, the sustainable investment-focused arm of ISS STOXX, announced today the launch of launched a customizable version of its Climate Impact Report, designed to help investors assess and communicate their climate-related target setting, risk management, reporting, and engagement activities. ISS ESG’s Climate Impact Report provides detailed analyses of Scope 1, 2 and Scope 3 emissions, transition and physical risks…

Alfa Laval Accelerates Net Zero Goal by 3 Years to 2027

Alfa Laval Accelerates Net Zero Goal by 3 Years to 2027

Swedish industrial products manufacturer Alfa Laval announced plans to achieve its key interim climate goals ahead of schedule, accelerating its efforts to achieve net zero goals for scope 1 and 2 emissions, and to reduce scope 3 emissions by 50% by 2027, three years earlier than previously announced. The revised goal was announced at the company’s Capital Markets Day in…

Patents Present a Path to SDG Alignment

Investor feedback to SDI AOP highlights demand for forward-looking insights on technology trends to meet sustainability objectives. Asset owners and managers have long signalled their desire for information from portfolio companies to better understand their future sustainability – in terms of environmental and social risks and impacts – as well as profitability. The Sustainable Development Investments Asset Owner Platform (SDI…

SAP Appoints Matthias Medert as Global Head of Sustainability

SAP Appoints Matthias Medert as Global Head of Sustainability

Enterprise software company SAP has appointed Matthias Medert as its new Global Head of Sustainability, with responsibility for sustainability strategy across internal and external global operations at the company. In his new role, Medert will focus on key priorities, including environmental stewardship, exploring which sustainable practices will help SAP achieve net zero by 2030 across the value chain, and human…