ISS ESG, the sustainable investment arm of ISS STOXX, announced today the launch of its enhanced Modern Slavery solution, aimed at helping investors monitor and report their risks around modern slavery in their portfolios. According to ISS ESG, the launch comes as investors face ongoing scrutiny regarding portfolio holdings involved in controversies such as forced and child labor and human…
Brookfield Asset Management (BAM) and UAE-backed climate investment platform ALTÉRRA announced the launch of the Catalytic Transition Fund, aimed at directing capital into clean energy and transition assets in underserved emerging economies. The new fund, to be managed by Brookfield, is being launched with a $1 billion anchor commitment from ALTÉRRA, with a target to catalyze up to $5 billion…
Google announced its first-ever Clean Transition Tariff-based (CTT) supply agreement, rolling out a new market rate structure aimed at accelerating the next generation of clean technologies, and facilitating investment in clean energy, while helping companies meet their climate goals. Renewable energy purchases are often made through Power Purchase Agreements in which a buyer promises to buy a certain amount of…
Software provider EcoOnline announced the launch of a new Corporate Sustainability Reporting Directive (CSRD) assessment capability within the company’s ESG software solution. According to the company, the new solution aims to simplify the process of collecting data for CSRD, covering European Sustainability Reporting Standards (ESRS) topics and standards, and allowing businesses to efficiently identify material risks, extract data-driven insights, and…
Investment data and research provider MSCI announced the launch of the Glidepath Corporate Bond Indexes, a new suite of nine indices aimed at facilitating the transition of portfolios over time to align with ESG and climate-related investment objectives. According to MSCI, the new indices utilize a combination of target factors, such as ESG scores, greenhouse gas (GHG) emissions, or a…