By Christina Shim, Head of Sustainability Software, IBM Late last year at the UN climate change conference in Dubai, one of the facts most repeated around dining tables, on stages, and over cocktails was that solar is now the cheapest form of electricity in the majority of countries. Of course, there were many attendees quick to object; solar is not the cheapest…
Former Shell CEO Ben van Beurden has joined alternative asset and private equity investor KKR as a senior advisor for energy transition investments, according to a report by the Financial Times, confirmed by ESG Today. In his new part-time role, van Beruden will advise KKR’s recently launched climate strategy. Van Beurden takes on the new role following 39 years at…
Barclays announced today the appointment of Isabelle Millat to the dual role of Head of Sustainable Finance for Global Markets and for Barclays Europe. Based in Paris, in her new roles, Millat have responsibility for leading the expansion of Barclays’ Global Markets’ sustainability proposition, as well as for the development of the overall sustainable finance franchise for Barclays Europe, working…
The Bezos Earth Fund announced the launch of the AI for Climate and Nature Grand Challenge, with plans to grant up to $100 million to advance AI-based solutions aimed at addressing climate change and nature loss. The Bezos Earth Fund was founded in 2020, with a $10 billion philanthropic commitment from Amazon founder Jeff Bezos, aimed at funding scientists, activists,…
The Monetary Authority of Singapore (MAS), the central bank and financial regulator of Singapore, announced today that it will allocate S$35 million (USD$26 million) over the next three years to support upskilling and reskilling initiatives in order to develop sustainable finance specialists in the financial services sector. The new investment announcement was made alongside the release by MAS and Institute…
Climate tech software startup Cozero announced today that it has raised €6.5 million (USD$6.9 million) in a Series A funding round, with proceeds aimed at supporting the company’s international expansion and the development of its Climate ERP solution. Founded in 2020, Berlin, Germany-based Cozero provides CO2 management software aimed at enabling companies to measure and reduce company and product emissions…
Global law firm Dentons announced today the appointment of Michael Duvall and Noor Kapdi to lead the firm’s ESG practice as Co-Chairs of its Global ESG Practice Leadership Team. In their new roles, Duvall and Kapdi will lead Dentons’ ESG team, which includes former General Counsel, academics and authorities on ESG as well as cross-practice experts, advising companies on ESG…