Labour’s ambitious 2030 plans for clean energy require a rapid scale-up, but caution remains following a decade-long de-facto ban. Recent changes to the UK’s onshore wind policy by the freshly elected Labour government present a major opportunity for investors to support the nation’s renewable projects and decarbonisation efforts, winning the praise of sector experts. Despite the UK exceeding 15 gigawatts…
DHL, Envision Launch Green Logistics Partnership
Logistics giant DHL and green technology provider Envision Group announced today a new partnership aimed at advancing sustainability innovations in logistics and energy, with a particular focus on sustainable aviation fuel. Founded in 2007, Shanghai-based Envision provides renewable energy system solutions for global enterprises, governments and institutions, with a focus on areas including smart wind turbines, energy storage, and green…
ACCR: Coal Has No Place in Green Steelmaking
A majority of global investors believe low-emissions steel must be made with hydrogen or electricity. Steel, one of the world’s most carbon-intensive materials, should not be considered ‘green’ if coal or natural gas play any part in its manufacture. That’s the view expressed by global investors in a new survey from activist group the Australasian Centre for Corporate Responsibility (ACCR),…
Guest Post – Beyond the SEC: Why ESG Reporting is Here to Stay
By: Mark Mellen, Industry Principal – ESG, Workiva The pause on the U.S. Securities and Exchange Commission’s (SEC) climate disclosure rule has injected a dose of uncertainty into the world of environmental, social, and governance (ESG) reporting. However, this development should not be misconstrued as a sign of a slowdown in the global movement toward standardized ESG transparency. Regardless of…
Sustainability Consultancy Revolt Appoints Kirsten Flanik as CEO North America
Sustainable business transformation-focused consultancy Revolt announced today the appointment of former BBDO President and CEO Kirsten Flanik to the newly created role of CEO, North America. The appointment follows the acquisition earlier this year of Revolt by London-based sustainability advisory and solutions firm Anthesis, and forms part of the company’s initiative to bolster its presence in the U.S. market. Revolt…
Masdar Issues $1 Billion Green Bond to Invest in Greenfield Renewable Energy Projects
UAE-based clean energy-focused developer Masdar announced that it has raised $1 billion through the issuance of green bonds, with proceeds aimed at investing in new renewable energy projects. According to Masdar, demand for the bonds was strong, with the offering 4.6x oversubscribed. The offering consisted of $500 million each of 5- and 10-year bonds, and final allocations consisted of 70%…
Revolutionising Food Sustainability and Supply Chains
Our global food system faces a critical challenge: ensuring food security for a growing population while minimising environmental impact. To achieve this, a significant transformation of our food sustainability practices and supply chains is crucial. This challenge took centre stage at the “Revolutionising Food Sustainability and Supply Chains” panel discussion at Reset Connect 2024, sparking exciting ideas for the future…
ESG Today: Week in Review
This week in ESG news: HSBC launches new infrastructure business to go after low carbon transition opportunities; three quarters of companies plan to invest in ESG reporting tech, Deloitte survey finds; Schneider Electric launches new sustainability data management solutions; Starbucks, Mercedes-Benz to build EV charging network across U.S.; states will drive mandatory climate reporting for U.S. companies even if SEC…
Asset Managers Can Move Needle on Impact
Schroders’ first group-wide impact investing report shows solid alignment with client priorities, and can serve as a blueprint for other managers to raise standards. Involvement from the largest asset managers will be essential to drive financial support for impact investment strategies, industry experts have underlined, highlighting increased interest from pension funds in the subject. Last week, UK asset manager Schroders…
Large Managers Can Move Needle on Impact
Schroders’ first group-wide impact investing report shows solid alignment with client priorities, and can serve as a blueprint for other managers to raise standards. Stronger demand from pension funds for impact investments has begun to increase the flow of commitments and solutions needed from large asset managers to accelerate growth in the sector. Last week, UK asset manager Schroders released…