Lewis Saffin, Associate at Herbert Smith Freehills, highlights the key takeaways for asset managers from incoming ESG rating regulation in Europe. Having the support of the European Council and the responsible European Parliament committee, the final compromise text in relation to a regulation on ESG rating activities (the regulation) is expected to start applying 18 months after its entry into force…
In Search of the Exclusion Premium
Cheng-En Li, Research Analyst at MainStreet Partners, explores how market performance of large-cap companies is influenced by poor ESG practices. While grappling with uncertainty in capital markets caused by the exacerbation in inflation, mounting policy rates, and geopolitical tensions in 2023 and 2024, many institutions are now looking to align themselves more closely with good ESG practices in response to…
John Cockerill Raises $250 Million to Build Out Green Hydrogen Electrolyzer Business
Industrial equipment company John Cockerill announced a new agreement to raise €230 million (USD$250 million) for its subsidiary John Cockerill Hydrogen, in a deal led by energy services and technology company SLB, and Belgian public investment institutions SFPIM and Wallonie Entreprendre, and aimed at accelerating the deployment of the company’s electrolyzer technology, enabling the production of green hydrogen. Hydrogen is…
Galvanize, Lightrock Invest in Clean Energy Tech Company Octopus Energy Group
UK-based clean energy tech company Octopus Energy Group announced backing from new sustainability-focused investors including Galvanize Climate Solutions and Lightrock. According to Octopus, the new investments were made at a company valuation of $9 billion, up 15% from its recent $800 million capital raise in December 2023. Launched in 2016, UK-based Octopus Energy Group is made up of 10 businesses…
Wolters Kluwer Launches New Carbon Emissions Reporting Solution
Professional services and information solutions provider Wolters Kluwer announced today the launch of CCH Tagetik ESG & Sustainability for Carbon Emissions, a new solution aimed at supporting companies in managing and reporting Scope 1, 2, and 3 carbon emissions data. The new solution was launched as part of Wolters Kluwers’ corporate performance unit CCH Tagetik’s ESG and sustainability customer offering….
ICVCM Approves its First “Core Carbon Principles”-labelled Carbon Credits
Carbon markets non-profit the Integrity Council for the Voluntary Carbon Market (ICVCM) announced today the approval of the first-ever carbon credits to be labelled with its Core Carbon Principles, marking a milestone towards the establishment of an integrity standard to facilitate transparency and growth of the voluntary carbon markets. Demand for carbon offset projects and related credits is expected to…