Wine and spirits producer Pernod Ricard and circular economy solutions provider ecoSPIRITS announced today a new five-year global licensing agreement for the distribution of Pernod Ricard’s spitrits brands using ecoSPIRITS’ circular packaging technology to venues around the world, in a deal aimed at reducing waste and carbon emissions from the production and transportation of bottles and other secondary packaging. Founded…
Energy transition and decarbonization-focused infrastructure investor Energy Capital Partners (ECP), announced that it has raised $6.7 billion at the final closing of its fifth flagship equity strategy, ECP V, including capital commitments of $4.4 billion, and an additional $2.3 billion of co-investment capital. The firm added that ECP V’s capital commitments exceeded its initial $4 billion target. Founded in 2005,…
Enterprise software company IFS and professional services provider PwC UK announced today a new collaboration to launch a new Sustainability Management Solution on the IFS Cloud platform aimed at supporting companies in meeting sustainability disclosure requirements, including the EU’s new CSRD regulation, and embedding sustainable practices into their business operations. Under the new collaboration, IFS will develop a Sustainability Management…
By: John McCalla-Leacy, Head of Global ESG, and Sarah Nelson, Global Nature Lead, KPMG International We may only be midway through 2024, but the countdown to COP29 is now well and truly underway. When delegates meet at the end of the year in Azerbaijan, they’ll face some sobering facts. The world is continuing to warm at an unprecedented rate. Our…
Investors are shifting the focus of their climate investing strategies, with the majority looking to allocate funds to climate solutions and to strategies focused on ‘brown-to-green’ companies transitioning to lower emissions, according to a new survey released by international asset manager Robeco, which also found growing regional disparities in attitudes towards climate change, with North American investor interest lagging increasingly…
Edinburgh-based global investment company abrdn announced today the appointment of Dan Grandage as Chief Sustainability Officer, Investments, replacing Amanda Young in the role, who left the business at the end of April after leading the firm’s sustainable investing group since early 2022. In his new role, Grandage will lead abrdn’s global sustainable and active ownership strategy, with responsibility for ensuring…
The IFRS Foundation unveiled significant progress towards the establishment of a consistent global baseline for a corporate sustainability reporting system, revealing today that jurisdictions representing more than half of the global economy have announced steps to use or align with the International Sustainability Standards Board’s (ISSB) disclosure standards. The IFRS Foundation’s International Sustainability Standards Board (ISSB) was launched in November 2021 at…