Clothing companies have been exposed as failing to account for and disclose water risks across their value chain. Planet Tracker, a non-profit financial think tank, analysed 3,900 documents, transcripts and filings from apparel-related companies including major brands such as Ralph Lauren, Levi Strauss and Victoria Secret, looking at how the management teams of 29 major apparel brands perceive water-related risks. …
Nature-based soil carbon removal solutions startup Grassroots Carbon announced today an agreement with Microsoft, providing the tech giant with high quality soil carbon drawdown credits, generated from regeneratively managed grasslands, and representing additional carbon sequestered over a 30-year period. Launched in 2021 through the merger of grazing management software company PastureMap and carbon credit aggregator Soil Value Exchange, Texas-based Grassroots…
Companies globally are increasing the use of ESG factors in their executive compensation programs, with more than 80% of incentive plans now incorporating at least one ESG metric, and the integration of environmental metrics rising particularly rapidly, according to a new study released by professional services and solutions provider WTW. For the study, WTW’s fourth annual Report on ESG Metrics…
Global investment in the low-carbon energy transition grew by 17% in 2023, reaching $1.77trn, with China once again the largest market for investment in the sector despite a slowdown in growth in the Asia Pacific (APAC) region. According to BloombergNEF’s (BNEF) latest report, Energy Transition Investment Trends 2024, APAC has driven global energy transition investment growth for several years, but…
In this Green Dream interview, Sondre Myge, head of ESG at Skagen Funds, answers questions on how Skagen engages with companies, trends in the ESG space and how the industry is moving from the first iteration of ESG to “evolved version”. Watch the full video interview above and read the transcript below. HD: Hello, I’m Holly Downes and welcome back…
Transition plans could become a tool of large-scale greenwashing without coherent requirements, Reclaim Finance has stated. In its report, Corporate Climate Transition Plans: What To Look For, the organisation said there are many diverse frameworks around transition planning at a global level but trying to understand the different requirements has left companies scratching their heads, according to Paul Schreiber, senior…