Industry pundits make the case for why Australia is on its way to becoming a climate leader. If one thing is clear by now when it comes to the climate crisis, it’s that investors cannot solve it on their own. Policies, regulations and wider laws are among the many elements that set the path and guide them on their journey…
ISSB to prioritise enhancement of SASB Standards during next phase of work
The International Sustainability Standards Board (ISSB) has agreed that SASB Standards enhancement will be a priority as part of its work plan for the next two years. The industry-based SASB Standards continue to be used as a cost-effective way of providing decision-useful information to investors. Companies applying IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information are required to…
Microsoft Partners with Aker Carbon Capture, CO280 to Scale Carbon Removal Market
Microsoft, carbon capture technology company Aker Carbon Capture and carbon removal project developer CO280 announced the launch of a new collaboration aimed at scaling up the carbon removal market across the full value chain, from physical project development to digital measurement, tracking, verification and reporting. According to the landmark 2022 Intergovernmental Panel on Climate Change (IPCC) climate change mitigation study, scenarios…
ESG Today: Week in Review
This week in ESG news: KPMG survey finds most CEOs expect ‘significant returns’ on sustainability investments; SBTi tries to address concerns over plan to allow carbon credits in net zero targets; Singapore launches sustainable finance upskilling initiative; Bezos fund investing $100 million in AI-powered climate and nature solutions; Robeco launches new suite of transition investing funds; 95% of Apple suppliers…
Fintech Startup Unwritten Raises $3.5 Million for Solution to Integrate Climate Change in Financial Decisions
UK fintech startup Unwritten announced that it has raised $3.5 million in a seed funding round, with proceeds aimed at advancing the company’s solutions enabling investors and companies to integrate climate change into their investment and capital allocation decisions. Launched in 2022 by co-founders Dr. Phillip Marks and Amos Wittenberg, London-based Unwritten, formerly Dovetail Finance, provides solutions aimed at enabling…
LGIM Launches New ETF Targeting Energy Transition Commodities
European asset manager Legal & General Investment Management (LGIM), announced the launch of the L&G Energy Transition Commodities UCITS ETF, a new fund aimed at providing investors with exposure with commodities that are key to the energy transition. Steven de Vries, Head of Wholesale UK, Europe and Latin America at LGIM, said: “Demand for strategies that provide inflation risk mitigation…