M&G plc’s impact investing unit responsAbility Investments announced today that it has raised over $200 million for its climate investment strategy for Asia at the fund’s second closing, including a $100 million investment from M&G’s Life business. Launched in November 2023, the climate strategy aims to contribute to CO2 reduction in Asia through targeted investments in low-emission technologies, addressing an…
London-based asset manager GIB Asset Management (GIB AM) announced today the appointment of Victoria Barron as its new Chief Sustainability Officer. In her new role, Barron will have responsibility for driving the firm’s sustainability agenda, sustainability frameworks and governance, in addition to leading projects to enhance corporate sustainability while supporting the growing development and adoption of sustainability at the sector…
Australia-based global energy company Woodside Energy announced today an agreement to acquire a Texas-based low carbon ammonia plant for $2.35 billion from clean fuels-focused producer OCI Global, citing long-term industrial demand growth for cleaner energy solutions. Demand for ammonia globally is currently around 200 Mtpa, with approximately 80% used for fertilizer applications. According to Woodside, the acquisition comes as the…
This week in ESG news: SBTi backtracks on allowing use of carbon credits in corporate net zero plans; JPMorgan appoints new global head of ESG investment banking; CBRE acquires Singapore-based sustainability advisory firm; Air New Zealand drops 2030 climate goal; GRI, TNFD launch guide to help companies reporting on nature impact using both standards; Veolia becomes first company with net…
Global professional services firm Accenture announced today the acquisition of energy transition-focused Spanish engineering and consulting firm Boslan, with the firm citing opportunities to support clients to optimize investments in net zero infrastructure. Founded in 2000, Bilbao, Spain-based Boslan provides management services for large infrastructure projects, helping clients engineer and oversee the construction of infrastructure for the net-zero transition, including…