Policies and principles aim to heighten VCM participation and support investment in developing markets’ clean energy transition. New guidelines unveiled by the US government will improve trust in the voluntary carbon market (VCM) by reinforcing the need for high integrity carbon credits, according to market participants. Three US government departments issued a Joint Statement of Policy and new Principles for…
Candriam Launches New Sustainable Equity Emerging Markets Fund
Sustainability-focused asset management firm Candriam announced the launch of its Candriam Sustainable Equity Emerging Markets ex-China Fund, aimed at offering investors with exposure to long-term sustainability themes in emerging markets ex-China. According to Candriam, the new fund was created in response to growing demand in Emerging Markets ex-China, which has been a leading driver of global growth and a relative…
Pernod Ricard Signs Global Sustainable Packaging Agreement with Circular Economy Startup ecoSPIRITS
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 Capital Partners Raises $6.7 Billion for Energy Transition Infrastructure Buyout Fund
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,…
IFS, PwC UK to Launch Sustainability Management and Reporting Solution
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…
Guest Post: Giving Africa a Leading Voice in the Biodiversity Battle
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 Increasing Focus on Climate Solutions and Transition Strategies: Robeco Survey
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…