BNP Paribas Asset Management (BNPP AM) announced today the launch of the BNP Paribas Easy MSCI ACWI SRI S-Series PAB 5% Capped UCITS ETF, a new exchange traded fund aimed at providing investors with developed and emerging markets exposure to companies with high ESG standards and with low and improving greenhouse gas emissions. Launched as a sub-fund of the asset…
A significant majority of attorneys expect that the U.S. Securities and Exchange Commission’s (SEC) new climate-related disclosure rule will not survive its legal challenges in its current form, with most expecting the rule to only partially remain intact, or to be overturned entirely, according to a new survey by Bloomberg Law. The study, Bloomberg Law’s State of Practice survey, includes…
The European Council announced today the adoption of a new regulatory package establishing common market rules for renewable gas, natural gas and hydrogen, aimed at advancing Europe’s shift to renewable and low carbon gases and shifting away from fossil fuels, as well as supporting the EU’s decarbonization goals. The announcement by the EU Council marks the last major step towards…
In a Q&A with VitalBriefing, Nicoletta Centofanti says that private capital committed to sustainability principles continues to have a critical role to play in financing the decarbonisation transition as well as in addressing other environmental and social impact issues. The post Private capital’s critical role in the sustainability transition appeared first on VitalBriefing.
Building materials company Holcim announced that it has broken ground on its new GO4ZERO plant in Belgium, engineered to produce net zero cement, and supporting European decarbonization goals. Planned investment in the new plant is expected to reach over €500 million, with the facility engineered to produce 2 million tons of net zero cement annually by 2029. Building materials are…
Deutsche Bank and the European Investment Bank (EIB) Group announced a new agreement to provide discounted mortgages aimed at promoting the construction of new climate-friendly homes and energy-efficiency modernizations of existing housing in Germany. Under the new program, the EIB Group will guarantee a €150 million mezzanine tranche in a consumer loan securitization with Deutsche Bank, freeing up regulatory capital…
Global spirits and beer company Diageo announced plans to invest over €100 million (USD$109 million) to decarbonize its flagship Guinness brewery, St. James’s Gate in Dublin, with a goal to transform the 264-year old site into one of the world’s most efficient breweries by 2030. According to Diageo, the announcement forms part of its 10-year sustainability program, ‘Society 2030: Spirit…
By: Michelle Dunstan, Chief Responsibility Officer, Janus Henderson Investors Responsible investing, or considering financially material Environmental, Social and Governance (ESG) factors in investing has reached an inflection point. During the last few years, “ESG” has faced increased scrutiny, misunderstanding, and controversy enroute to becoming a political flashpoint in some parts of the world. Despite this shifting narrative, governments across the…
Honda announced that it will significantly boost its investments to pursue its electrification strategy, outlining plans to invest 10 trillion yen (USD$64 billion) over the 10-year period through 2030, with a focus on launching new EV models and to build an integrated battery-focused electric vehicle value chain in its key markets. The new investment plans were revealed in a press…