We know there will be a US presidential election this year. What we do not know with any certainty yet, is who will win. This makes it harder than usual to predict the future direction of policy. And right now, one of the most talked about areas of all is the green transition. Especially now that investment is increasing so…
UN Principles of Responsible Investment has been delivering report cards to asset managers rating their responsible investment practices for the past year. Investment manager signatories report annually on their responsible investment activities using the organisation’s reporting framework, and then receive an assessment report showing how these activities and progress have been rated. The reports, and the summary scorecards which go…
The U.S. Postal Service (USPS) announced today a series a set of new 2023 sustainability targets, encompassing goals to reduce emissions across the value chain and circular economy commitments to reduce waste and increase recyclability. According to the USPS, the new goals align with the organization’s ten-year financial sustainability and service excellence plan, Delivering for America. Launched in 2021, the…
Cleantech startup Avnos announced today that it has raised $36 million, with proceeds from the series A financing round to be used to support the company’s growth and the expansion of its proprietary Direct Air Capture (DAC) carbon removal technology. Founded in 2020, California-based Avnos offers a proprietary Hybrid Direct Air Capture (HDAC) solution that uses only air, electricity and…
Lawmakers in the European Parliament and Council announced today that they have reached a provisional agreement on the Net Zero Industry Act (NZIA), a new regulation aimed at scaling up clean technology industrial capabilities and capacity across Europe. The agreement follows the introduction of the proposed NZIA by the European Commission in March 2023, forming one of the key elements…
By: Laura Conigliaro, ESG Reporting Manager at Low Carbon The risk to the world from damage to our natural environment is enormous. Nature has intrinsic value for many who choose to protect it. But thinking we have a choice in the matter misses a key point: that, as first coined by the UK Dasgupta Review, we – our economies, our…
The Science Based Targets initiative (SBTi), one of the key organizations focused on aligning corporate environmental sustainability action with the global goals of limiting climate change, announced a series of actions as part of its “major scale-up operation,” including plans to develop sector standards for climate goals for several high impact sectors. The organization said that its scale-up process is…
Schroders Greencoat, the renewables and energy transition infrastructure manager of Schroders Capital, has launched a long-term asset fund (LTAF) dedicated to renewable energy and energy transition infrastructure. The Schroders Greencoat Global Renewables+ LTAF is designed to allow UK pension savers to invest in this asset class while benefitting from “stable, diversifying and inflation-linked investment returns”. It will be managed by…
Pollination, the nature investment and advisory firm, has appointed Dame Amelia Fawcett as senior adviser to the business. Currently, Fawcett is the lead director of State Street, co-chair of the International Panel on Biodiversity Credits (IAPB), chair of the Royal Botanic Gardens, Kew and chair of the Circular Bioeconomy Alliance. She will be advising Pollination on how to help clients…