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Wolters Kluwer Launches New Carbon Emissions Reporting Solution

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

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…

Agility Paramount to Net Zero Investing – CFA Institute

Divergence in views on universal ownership as investment professionals align on data concerns.  A flexible mindset and systems thinking is paramount for investors looking to align their investment strategies with a net zero future, industry thought leaders have determined.   New research published by the CFA Institute Research and Policy Center, which draws on insights from 20 investment industry experts, has…

ERM Acquires Climate, Energy Transition Consultancy Energetics

ERM Acquires Climate, Energy Transition Consultancy Energetics

Sustainability advisory firm ERM announced today an agreement to acquire Australia-based climate risk and energy transition consultancy Energetics, aimed at enhancing its growth in the Asia Pacific region. Founded in 1984, Energetics partners with large businesses, investors and governments, helping them respond to issues including climate change, decarbonization, and the energy transition. With a team of approximately 100 people, the…

VOLUNTARY CARBON MARKETS

On May 28 2024, the Biden administration released the “Voluntary Carbon Markets Joint Policy Statement and Principles”. The Joint Statement makes a number of important and supportive points in favor of the VCM, noting that: High-integrity VCMs, as well as carbon credit markets more broadly, have the potential to support decarbonization efforts within the United States and globally. Important questions…

Clean Energy Producer Smart Energies Raises $95 Million to Accelerate Deployment of Small Solar Sites

Clean Energy Producer Smart Energies Raises $95 Million to Accelerate Deployment of Small Solar Sites

Independent Power Producer (IPP) Smart Energies announced today that has raised €87 million (USD$95 million), with proceeds from the financing aimed at accelerating its deployment of small solar sites across Europe, including on roofs, parking lots and small ground-based projects. Founded in 2012, Paris-based Smart Energies develops, finances, builds and operates renewable projects across Europe, with a focus on mid-scale…

Australia Court Finds Active Super Guilty of Making Misleading ESG Investing Claims

Australia Court Finds Active Super Guilty of Making Misleading ESG Investing Claims

A federal court in Australia ruled today that superannuation fund Active Super trustee LGSS Pty Limited contravened the law by making misleading ESG investing representations to its members, by continuing to invest in securities in areas that it had claimed to eliminate for environmental or social reasons. The judgement follows the filing of a suit last year by Australia’s corporate,…

Revamped Team for Impact’s Trillion Dollar Challenge

UK-based non-profit evolves top-tier structure to support five-year plan to mobilise £1 trillion of impact capital. The task of realising the Impact Investing Institute’s (III) recently unveiled five-year strategy – which sets out three core competencies to help accelerate the expansion of impact investing – will fall on experienced shoulders, albeit in new roles. To mobilise £1 trillion (US$1.3 trillion)…

RepRisk Launches New ESG Due Diligence Scores to Assess Companies’ Specific Sustainability Risks

RepRisk Launches New ESG Due Diligence Scores to Assess Companies’ Specific Sustainability Risks

ESG data science company RepRisk announced today the launch of Due Diligence Scores, a new solution aimed at enabling investors and businesses to pinpoint specific company ESG risks across a broad range of themes. According to RepRisk, the new solution comes as investors and companies are facing an expanded set of regulatory requirements to implement sustainability-related due diligence and risk…

Climeworks Announces Direct Air Capture Technology Breakthrough to Scale Carbon Removal

Climeworks Announces Direct Air Capture Technology Breakthrough to Scale Carbon Removal

Zurich-based carbon removal company Climeworks revealed today its Generation 3 direct air capture (DAC) technology, providing “breakthrough” improvements in efficiency and performance, and forming a step in the company’s plan to scale up to megaton carbon removal capacity. DAC technology, listed by the IEA as a key carbon removal option in the transition to a net-zero energy system, extracts CO2…