Aerospace giant Airbus announced that easyJet has become the first airline globally to join its Airbus Carbon Capture Offer’s carbon removal initiative, utilizing Direct Air Carbon Capture and Storage (DAC) to help achieve the airline’s aviation decarbonization goals. The aviation industry accounted for nearly 3% of global energy-related CO2 emissions in 2022 and emissions have been steadily climbing to over…
The UK’s Transition Plan Taskforce (TPT) announced the release of the final version of the TPT Disclosure Framework, aimed at providing a “gold standard” for companies to develop and report on their climate transition plans. The launch of the new disclosure framework comes as companies globally are increasingly announcing net zero commitments, but many have yet to articulate and disclose…
With a variety of initiatives aiming to harmonise sustainability standards and definitions globally, how can finance professionals comply to the range of divergent and perhaps conflicting rulebooks? The post Are sustainability standards converging in the finance sector? appeared first on VitalBriefing.
Mental health awareness within a professional environment continues to grow globally, with 95% of companies acknowledging the topic as important to business, CCLA Investment Management’s report found. Its second annual report, released on World Mental Health Day, details that while almost all companies show a value for mental health, only 17% of CEOs have displayed public leadership commitment to the…
Schroders is transitioning its SISF Short Duration Dynamic Bond fund into a sustainable global sovereign product, ESG Clarity can reveal. The SISF Sustainable Global Sovereign Bond fund will provide investors with exposure to green and sustainability-linked government and government-related bonds, as well as to supranational and agency issuers, particularly multilateral development banks, that the firm said play a vital role…
As markets emerged, blinking into the light of day towards the end of the Covid crisis, equities saw a rotation in style leadership. Growth went out, value roared in, then oil and gas went through the roof… and sustainable funds also saw their outperformance (in aggregate, at least) ebb. Is this simply a style effect—and if so, to what degree?…
Financial services and solutions provider Apex Group announced today an expansion of its ESG & Sustainability solutions, with the launch of an enhanced set of ESG solutions targeting investors, asset managers and corporates. The expanded offering follows Apex’s completion earlier this year of asset management service provider MJ Hudson’s Data & Analytics business, which included the firm’s ESG & Sustainability…
The European Council today announced the adoption of two pieces of legislation today, including a directive to nearly double the share of renewable energy consumption in the EU by 2030, and a law aimed at decarbonizing the aviation sector by accelerating the adoption of sustainable aviation fuel (SAF). The Council’s adoption of the new rules marks the last major step…