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Sphera Acquires Supply Chain Sustainability Software Provider SupplyShift

Sphera Acquires Supply Chain Sustainability Software Provider SupplyShift

Blackstone-backed ESG performance and risk management software, data and services provider Sphera announced today the acquisition of supply chain sustainability software company SupplyShift, in a move aimed at enhancing its supply chain offering with expanded supplier mapping, scoring and traceability capabilities. Founded in 2012 by Climate Science and Environmental Economics PhDs Alex Gershenson and Jamie Barsimantov, Santa Cruz, California-based SupplyShift…

Embracing Sustainability – The Rise of B Corporations

Embracing Sustainability – The Rise of B Corporations

Embracing Sustainability – The Rise of B Corporations   Introduction In the evolving landscape of global business, there has been a paradigm shift towards more ethical and sustainable practices. At the forefront of this transformation are B Corporations (B Corps), exemplifying a new model that integrates societal and environmental well-being into the core of business operations. This introduction delves into…

The Positives and Negatives of Tipping Points  

A growing body of research warns that the financial sector is underestimating the risks of Earth’s system tipping points – how should it respond?   The gap between the science of climate change and the emerging tools aimed at helping the financial sector manage concomitant risks is the subject of intensifying debate.   Last July, ‘The Emperor’s New Climate Scenarios –…

DRWG Code of Conduct Offers Global Base for ESG Ratings

Produced by an ICMA and IRSG co-working group, the code aims to improve the availability and quality of information provided to investors. A new code of conduct for ESG ratings and data products providers could help to harmonise regulation around their practices globally, industry participants have told ESG Investor.  Published last month, the code was developed by the ESG Data and Ratings…

Investors Searching for Right Climate Combination

Investors will benefit from a more flexible, innovative approach to investing in the climate transition, according to Jefferies.   Asset owners globally are struggling to identify the optimal asset allocation for supporting a global climate transition and are limited by asset managers’ existing product offerings.  Investment bank Jefferies interviewed 25 global asset owners, collectively managing more than US$10 trillion in…

Systems Change Key to Future of Responsible Investment 

In a new book, the PRI’s former head of policy argues for a more focused approach that leans into systemic stewardship.   The rapid growth of responsible investing has brought the industry to an inflection point requiring practitioners to reconsider their focus and purpose if they are to deliver on its potential, a new book contends. Will Martindale, former policy director…

Guest Post: As Climate Challenges Mount, the Tech to Address Them is Going Global

Guest Post: As Climate Challenges Mount, the Tech to Address Them is Going Global

By: David Schatsky, Global Leader, GreenSpace Research & Insights Managing Director, Deloitte The response to climate change often starts with data and dialogue, but can’t come to life without technology. We should focus on designing and implementing technologies—some newer than others— that can help the systems we use to generate energy, produce food, manufacture goods, construct and operate buildings, and…

Caterpillar, CRH Launch Partnership to Deploy Electric Off-Highway Trucks

Caterpillar, CRH Launch Partnership to Deploy Electric Off-Highway Trucks

Leading construction and mining equipment, engine, turbine and locomotive manufacturer Caterpillar and building materials company CRH announced today a new strategic electrification agreement to develop and deploy battery electric off-highway trucks for CRH operations. CRH is the largest aggregates producer in North America, and the first in its industry to sign an electrification agreement with Caterpillar, the companies said. Denise…

Draft ESG Ratings Regulation Could Heighten Investor Costs

Committee’s plan to boost competition through mandatory selection providers with less than 15% market share for second rating branded “terrible idea”.  Amends to the EU ESG Ratings Regulation proposed by the Economic and Monetary Affairs Committee (ECON) of the European Parliament could increase costs for users and affect competition, industry experts have warned.   Boosting competition among ESG rating providers…