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Guest Post – The Rise of the ESG Controller: Shaping Sustainable Business Practices

Guest Post – The Rise of the ESG Controller: Shaping Sustainable Business Practices

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…

Toyota Launches New $150 Million Climate Solutions Venture Fund

Toyota Launches New $150 Million Climate Solutions Venture Fund

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….

EU Parliament Adopts Law to Establish Carbon Removal Certification System

EU Parliament Adopts Law to Establish Carbon Removal Certification System

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…

US Highlights Human Rights Due Diligence

The country plans to release new guidance focused on technology-related risks, but pundits are saying it should be expanded to all sectors.  The US government’s plans to introduce human rights due diligence (HRDD) guidance to manage technology firms’ exposures to such risks has been welcomed as a good start. However, experts are calling for it to align with similar texts…

GRESB announces launch of its new suite of ESG-evaluation tools, REAL Solutions

On 19 March 2024, GRESB – an investor-led organisation that provides standardised and validated data to assess the sustainability-related performance of real estate assets and portfolios – announced the upcoming launch of “REAL Solutions“. REAL Solutions is a new suite of tools designed to provide real asset managers and investors with more granular ESG data, which they are demanding in…

Blended Funds Bid to Tackle UK Social Shortfalls

Social impact investors recommend national and local community growth funds to tap £50 billion of private investments across the next decade. New fund structures that bring together public money and private capital are increasingly being seen as the best way to leverage institutional investor appetite for social impact. Big Society Capital (BSC) and 35 other organisations recently called for the…

UK Blended Funds Bid on Social Shortfalls

Social impact investors recommend national and local community growth funds to tap £50 billion of private investments across the next decade. New fund structures that bring together public money and private capital are increasingly being seen as the best way to leverage institutional investor appetite for social impact. Big Society Capital (BSC) and 35 other organisations recently called for the…

Consumers Misled on Plastic Recycling

Investors urged to engage on the issue, with regulation and taxation required for sustainable solutions likely required to address risk. Planet Tracker has warned consumers and policymakers that they are being misled on recycling in the plastics industry, with the majority of it currently not being recycled, despite misleading claims. Worth more than US$500 billion, the plastics industry has promoted…

CarbonChain Launches Commodities Supply Chain Emissions Reporting Solution

CarbonChain Launches Commodities Supply Chain Emissions Reporting Solution

Climate accounting software provider CarbonChain announced today the launch of CarbonChain Comply, a new carbon reporting solution for businesses within metals and energy supply chains. According to CarbonChain, the new solution aims to address the growing regulatory requirements and stakeholder demands for transparent and accurate disclosure in the commodities supply chain, offering a “one-stop shop for carbon reporting.” Founded in…