Barclays announced the appointment of Rafael Abati as Co-Head of the Energy Transition Group (ETG) in EMEA, supporting the bank’s clients as they navigate the transition to a low carbon economy, and focusing on deepening client relationships to drive Barclays’ M&A and ECM market share. The appointment follows the launch by Barclays of its new Energy Transition Group within its…
Distributed solar and energy storage solutions developer and operator Nexamp announced that it has raised $520 million, with proceeds from the financing aimed at accelerating its growth as the company expands into new markets and builds renewable energy and storage capacity. Founded in 2007, Boston-based Nexamp focuses on the deployment and operation of solar energy assets, with capabilities across the…
Alternative investment data and insights provider Preqin announced today the launch of new ESG performance benchmarks aimed at enabling users to assess performance of private markets ESG funds, as well as SFDR, impact and climate funds. According to Preqin, the new benchmarks address the lack of standardized and comparable ESG fund performance data, which has contributed to an increase in…
Climate-focused investment and advisory firm Pollination announced today the appointment of climate law veteran Sarah Barker as Managing Director, along with several members of her current team, in a move aimed at boosting the firm’s climate and nature law and advisory capabilities and expertise. In her new role, Barker will lead Pollination’s climate risk governance and sustainability team, helping companies,…
Institutional Shareholder Services’ (ISS) announced today the acquisition by its governance, compensation, sustainability, and cyber risk business ISS-Corporate of corporate sustainability reporting software solutions provider Celsia. Founded in 2021, Oslo-based Celsia offers solutions aimed at simplifying regulatory sustainability reporting, with a particular focus on the EU’s Corporate Sustainability Reporting Directive (CSRD) regulations. The CSRD, which began applying to some companies…
By: Jim Pelletier, Senior Product Manager at Wolters Kluwer TeamMate In today’s corporate landscape, the notion of sustainability has evolved from being merely a buzzword to a critical component of business strategy. With increasing pressure from investors, employees, consumers, and regulators to address environmental, social, and governance (ESG) issues, companies are embracing a new role: the ESG Controller. The Role…
Automotive giant Toyota announced today the launch by its venture capital arm Toyota Ventures of the Toyota Ventures Climate Fund II (TVCF II), a new fund aimed at investing in startups focused on climate and environmental sustainability solutions. The new fund is the second climate-focused VC fund by the company, following its inaugural Toyota Ventures Climate Fund launched in 2021….
Lawmakers in the European Parliament voted on Wednesday to adopt a new law aimed at establishing a certification system to quantify, monitor and verify carbon removals, and to counter greenwashing. The adoption, which passed in a 441-139 vote by MEPs, marks one of the final steps towards the launch of a comprehensive carbon removal and soil emission reduction framework in…