The US Climate Alliance, a net zero-focused group of 24 U.S. state governors, announced the publication of a letter to UN Climate Change Executive Secretary Simon Stiell, indicating that they plan to remain committed to the U.S.’ Paris Agreement goals, despite President Trump’s announced withdrawal from the international climate accord. The letter, signed by Alliance co-Chairs New York Governor Kathy…
Over half of investors surveyed in Fidelity International‘s Professional Investor DNA Survey still consider environmental, social and governance (ESG) factors as important when it comes to portfolio asset allocation over the next 18 months. In partnership with Crisil Coalition Greenwich, Fidelity’s survey sought the opinions of over 120 institutional investors and intermediary distributors across Europe and Asia, on investor appetite for…
In the ever-evolving corporate landscape, sustainability is no longer a peripheral concern, it’s a central pillar of long-term business strategy. For Sustainability Managers, the challenge is clear: integrate sustainability into the core of your organisation’s operations while demonstrating its value to shareholders. But how do we ensure that sustainability accounting not only supports long-term corporate strategy but also drives shareholder…
Aerospace giant Boeing announced an investment in synthetic aviation fuel producer Norsk e-Fuel, becoming a key project development partner of the company, supporting one of Europe’s first industrial-scale Power-to-Liquids facility to help meet growing demand for sustainable aviation fuel (SAF). Founded in 2019 and based in Oslo, Norsk e-Fuel is establishing large-scale production sites to deliver synthetic fuels to the…
London-based assurance services provider LRQA announced the acquisition of supply chain carbon management solutions provider RESET Carbon, in a moves described by LRQA as aimed at strengthening its environmental solutions to help clients meet growing regulatory requirements. Founded in 2009, Hong Kong-based RESET Carbon focuses on helping clients develop carbon reduction strategies and decarbonization solutions, with a primary focus to…
Energy transition data and analytics company Orennia announced the closing of its Series C growth financing round. The round was led by BlackRock and Temasek’s decarbonization-focused fund, Decarbonization Partners, and follows a $25 million Series B financing by the company in July 2023. Launched in 2021, Calgary-based Orennia provides a software platform for energy transition developers and investors, aimed at…