Investors push for climate action, nature protection, and social responsibility as the anti-ESG pushback fails to turn the tide. The 2024 proxy season has shed light on the growing number of complexities and challenges facing investors as they navigate the shifting ESG landscape, according to the UN-convened Principles for Responsible Investment (PRI). In a webinar this week, the PRI drew…
Accenture Acquires Engineering and Consulting Firm Boslan to Target Net Zero Infrastructure Opportunities
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…
UK planning reforms to focus on social developments and net zero
A major overhaul of the UK’s planning (zoning) system was unveiled on 30 July. This is aimed at tackling the UK’s chronic housing shortage, as well as the challenge of net zero. The lack of affordable housing in the south-east of England, for example, means that average house prices there are ten times the average wage. At the same time,…
UK planning reforms to focus on social developments and net zero
A major overhaul of the UK’s planning (zoning) system was unveiled on 30 July. This is aimed at tackling the UK’s chronic housing shortage, as well as the challenge of net zero. The lack of affordable housing in the south-east of England, for example, means that average house prices there are ten times the average wage. At the same time,…
Take Five: From America to the World
A selection of the major stories impacting ESG investors, in five easy pieces. The Energy Permitting Reform Act was introduced in the US, while Australia and New Zealand pledged to strengthen their economic and investment ties to advance the climate transition. Across the pond – Despite headwinds largely linked to Republican candidate Trump’s presidential campaign, climate action and policymaking did…
Australia Court Fines Mercer $7.4 Million for Misleading Sustainable Investment Claims
The Federal Court in Australia issued a judgement Friday, ordering Marsh McLennan company Mercer Superannuation to pay an A$11.3 million ($USD7.4 million) penalty for making false claims about some of its sustainable investment options. Mercer has admitted to the allegations in the case. The judgement follows the launch of the court action early last year by Australia’s corporate, markets, and…
Getting to Grips with Ethical Risk
Rob Hayward, Chief Strategy Officer at Principia, explains how asset owners can avoid investing in companies at risk of ethical failure by focusing on human culture and capabilities. In recent years, investors have invested significant time, attention, and resources towards building a more sophisticated approach to the identification and management of ESG-related risks and opportunities. As companies have become more…
Addressing the Carbon Footprint of Video Processing and Streaming
Dan Patton, Vice President of the Content Delivery Network at Ateme, delves into technological innovations underway to advance decarbonisation efforts. In the digital age, video processing and streaming have become integral components of everyday life. From entertainment to education, the demand for high-quality video content is skyrocketing. However, video streaming is a data-intensive activity that requires large amounts of information…
JetBlue Purchases Sustainable Aviation Fuel for Use at New York’s JFK Airport
JetBlue and fuel provider World Fuel Services announced a new supply agreement for up to 5 million gallons of sustainable aviation fuel (SAF) for use at New York’s JFK airport, with deliveries beginning as early as the fourth quarter of 2024. According to the new agreement, World Fuel will supply blended SAF provided by Valero Marketing and Supply Company, consisting…
Masdar, TotalEnergies Explore New Green Methanol & SAF Plant to Decarbonize Hard-to-Abate Industries
UAE-based clean energy-focused developer Masdar announced today a new agreement with France-based energy company TotalEnergies, to assess the development of a commercial green hydrogen to methanol to Sustainable Aviation Fuel (SAF) project in Abu Dhabi. According to Masdar, the focus of the new project will be to help decarbonize hard-to-abate sectors, such as the aviation and maritime industries. The project…