Approximately three quarters of public companies report that they are likely to invest in new technology or tools to help improve their ESG disclosure capabilities over the next year, as nearly all companies are preparing to meet increased reporting requirements, yet data quality remains the top ESG challenge, according to a new survey released by global professional services company Deloitte….
The Green Impact Exchange (GIX) announced today that it has filed an application with the Securities and Exchange Commission (SEC), aimed at establishing the first sustainability-focused stock exchange in the U.S. Founded in 2022 by former NYSE executives, including CEO Daniel Labovitz, former head of regulatory policy at the NYSE, and Chief Operating Officer Charles Dolan, former Executive Floor Governor…
Starbucks and Mercedes-Benz announced today the launch of a new strategic collaboration aimed at installing high-power electric vehicle chargers at 100 Starbucks stores across the U.S. Under the first phase of the program, high-power EV chargers will be installed at Starbucks locations on a 1,400-mile route along Interstate 5 from Washington to California, including in core urban areas and charging…
3M announced today that it has made a strategic investment in green hydrogen tech company Ohmium International, as part of its efforts to expand into emerging climate technologies. Hydrogen is viewed as one of the key building blocks of the transition to a cleaner energy future, particularly for sectors with difficult to abate emissions, in which renewable energy solutions such…
Global hospitality and hotel brands company IHG Hotels & Resorts announced today the launch the Low Carbon Pioneers program, featuring hotels across its brands meeting sustainability attributes including energy efficiency and no fossil-fuel combustion on site. According to IHG, the launch comes as more hotel guests consider sustainability and look to reduce environmental impact, noting that almost all of the…
Real estate-focused ESG data technology provider Measurabl announced today the launch of a new suite of software products aimed at enabling real estate owners, operators, and investors to collect, manage, analyze and report on sustainability data across their building portfolios. Founded in 2013, San Diego-based Measurabl provides a data management platform enabling commercial, residential and corporate real estate owners and…
Nature-based carbon project development and financing startup Earthshot Labs announced today that it has raised $5.5 million in a Series A funding round, aimed at supporting the expansion of its platform. Launched in 2020, Earthshot Labs provides a platform for developing and financing nature restoration and conservation projects using carbon as the primary financing mechanism, streamlining compliance and derisking project…
Global financial services group HSBC is launching HSBC Infrastructure Finance (HIF), a new business unit aimed at pursuing infrastructure financing and project finance advisory opportunities associated with the transition to a low carbon economy, according to an internal memo by Greg Guyett, HSBC’s CEO of Global Banking and Markets, seen by ESG Today. The bank also announced the appointment of…