Investors, companies urged are being urged to increase their focus on the social impacts of the climate-critical sector. Natural minerals underground are essential to the world’s energy transition, but new research has found that their extraction was linked to a surge in human rights-related abuses by mining companies. International NGO the Business and Human Rights Resource Centre’s (BHRRC) latest transition…
ERM, Workiva Partner to Provide Sustainability Reporting Solutions and Services
Sustainability advisory firm ERM and business data and reporting solutions provider Workiva announced today the launch of a new strategic partnership aimed at providing companies with advice and technology solutions to meet growing sustainability and climate-related reporting requirements. According to the companies, the new partnership comes as companies are facing increasing and evolving regulatory sustainability reporting requirements, while working to…
Pernod Ricard Commits to Science-Based Emissions Reduction Goals
Wine and spirits producer Pernod Ricard announced today a series of new near- and long-term climate-related goals, including targets to cut direct emissions by more than half by 2030, and by 90% by 2050, as well as commitments to reduce emissions across the value chain, including forest, land and agriculture-related (FLAG) emissions. The company also announced that its new targets…
Mizuho Pledges to Provide $13 Billion Financing to Develop Hydrogen Supply Chain
Tokyo-based banking and financial services company Mizuho Financial Group announced today a new goal to provide JPY 2 trillion (USD$13 billion) in financing for the production and supply of hydrogen and related technologies by 2030. According to the company, the new goal reflects a growth in funding needs for the hydrogen sector, a key component for decarbonization in several emissions-intensive…
Microsoft to Require Key Suppliers to Use 100% Carbon-Free Electricity as Supply Chain Emissions Jump
Microsoft announced a new policy for some of its key suppliers to use 100% carbon-free electricity, as part of a series of actions being put in place by the company to get back on track towards its goal to reduce emissions across the value chain. The new policy was reported with the release of Microsoft’s 2024 Environmental Sustainability Report, assessing…
Over 40% of Gen Z & Millennials Have or Plan to Change Jobs Over Climate Concerns: Deloitte Survey
Climate change and environmental sustainability concerns are increasingly driving workplace and consumer behaviors for Gen Zs and millennials, according to a new survey released by global professional services firm Deloitte, with more than 40% in each group reporting that they have left jobs, or plan to in the future, over climate concerns, and nearly two-thirds saying that they would pay…
Climate Investor Pollination Appoints Abhay Pande to Lead Transition Finance Practice
Climate-focused investment and advisory firm Pollination announced the appointment of Abhay Pande as a Senior Advisor leading its transition finance advisory practice. According to Pollination, in his new role, Pande will be support the firm’s clients to invest and raise capital for their transition strategies, easing the path to implementing climate and nature solutions to drive change. The firm added…
Norrsken VC Raises $345 Million for Impact Solutions Venture Fund
Early-stage impact venture investor Norrsken VC announced that it has raised €320 million (USD$345 million) at the final close of its second fund, aimed at supporting entrepreneurs solving the world’s biggest challenges. The fund significantly surpassing the firm’s initial €250 million target, with the company noting that the finalized total makes Norrsken VC Fund II the largest early-stage generalist impact…