Meg Roggensack, Adjunct Professor at Georgetown University Law Center, explains how the US National Action Plan 2.0 can be a valuable tool for investors. Countries around the globe use national action plans (NAPs) on business and human rights to support implementation of the UN Guiding Principles on Business and Human Rights (UNGPs), the internationally agreed upon guidelines for states and companies to…
Amazon, Air Products Launch Initial Trials of New Mercedes-Benz Hydrogen Powered Fuel Cell Trucks
Global truck manufacturer Daimler Truck announced today the launch of the initial customer trials of its hydrogen fuel cell-powered Mercedes-Benz GenH2 Trucks by five customers including Air Products, Amazon, Holcim, INEOS and Wiedmann & Winz. The launch of the new trucks follows a commitment set by Daimler Truck in 2020 to significantly invest in hydrogen technology, forming part of the…
Longevity Partners Launches Real Estate Emissions Tracking and Decarbonization Solution
ESG advisory firm Longevity Partners announced today the launch of Decarbonization Dashboard, a new tool aimed at enabling commercial real estate professionals and asset managers to track emissions and outline decarbonization pathways for real estate portfolios. The real estate sector has one of the largest sectoral carbon footprints, responsible for about 40% of global greenhouse gas (GHG) emissions and 34%…
EV Battery Startup Addionics Raises $39 Million for Lower Cost, Faster Charging Battery Tech
Battery technology startup Addionics announced that it has raised $39 million in a Series B funding round co-led by GM Ventures and Deep Insight, with proceeds to be used to support the growth and expansion of its solution enabling cheaper, lighter, faster-charging, and more conductive batteries. Founded in 2018, Israel, UK and U.S.-based Addionics provides technology aimed at allowing battery…
Clean Energy Infrastructure Software Startup Paces Raises $11 Million
Energy infrastructure software startup Paces announced today that it has raised $11 million in a Series A funding round, aimed accelerating the deployment of grid-connected clean energy infrastructure projects. Founded in 2022, New York-based Paces provides software solutions for clean energy infrastructure developers to identify the best places to build and manage their projects, providing data on zoning, permitting, and…
UK to Launch $10 Billion Clean Energy Development Platform
The new UK government announced today the introduction of the Great British Energy Bill, aimed at establishing a new public-owned company to invest, own and manage clean energy projects. Based in Scotland, Great British Energy will be backed by £8.3 billion (USD$10.7 billion) from the government over the next five years, paid for by a windfall tax on oil and…
ESMA Recommends Sustainability Disclosure Requirements for All Financial Products
EU markets regulator the European Securities and Markets Authority (ESMA) announced the publication of its “Opinion on the Sustainable Finance Regulatory Framework,” setting out a series of key recommendations aimed at facilitating investor access to sustainable investments and supporting the financing of the transition to a sustainable economy, including implementing requirements for basic sustainability disclosures for all financial products, regulating…
CSDDD: Raising the bar on corporate responsibility outside Europe?
Will the watered-down version of the EU’s CSDDD inspire corporate responsibility legislation in other countries? The post CSDDD: Raising the bar on corporate responsibility outside Europe? appeared first on VitalBriefing.