Microsoft announced today the addition of a series of new data and AI solutions to its sustainability platform, Microsoft Cloud for Sustainability, including tools aimed at enabling users to access faster ESG data analytics and insights, improve sustainability data management and reporting, and collect and analyze data across the value chain. Microsoft unveiled its Cloud for Sustainability platform in 2021, focused on enabling…
Most large companies are gearing up their ESG data and reporting capabilities, with the vast majority planning to increase investments on sustainability-related software and workforce capabilities over the next few years, yet while most feel confident that they are ahead of the curve in these areas, nearly half report that they are still using spreadsheets to manage their ESG data,…
Corporates’ annual general meetings (AGMs) are a time for investors and their stewardship strategies to shine. ESG Clarity asked industry professionals to find out what they expect – and what they hope – to see this AGM season. Louisiana Salge, EQ Investors head of sustainability, is not feeling hugely optimistic about how asset managers will use their role as stewards this…
Investor engagement with oil and gas companies has achieved “derisory” results and must be radically improved, including by voting down directors, according to an open letter NGO Reclaim Finance sent to 50 large investment firms yesterday. The letter stated investors ought to vote against strategic routine resolutions, suspend new investments and making public statements for oil and gas companies which…
Never has it been more necessary for us, especially investors with a sustainability view of the world, to be able to spot the difference between a genuine solution to a sustainability problem and a red herring. We are bombarded with claims about how ‘green’ businesses are, or how a certain technology will save the planet. But working out which ones…
Investec announced today the appointment by its alternative investment platform, Investec Alternative Investment Management (IAIM), of Alicia Forry as Head of ESG, Alternative Investments. In her new role, Forry will help to embed a responsible investing framework and series of processes across Investec’s private market credit strategies, integrating ESG considerations throughout the direct lending process, and helping companies to understand…
Integrated container logistics company A.P. Moller-Maersk announced that its greenhouse gas emissions targets, including its aim to achieve net zero by 2040, and a series of new goals to reduce emissions across its operations and supply chain, have been validated by the Science Based Targets initiative (SBTi). The announcement makes Maersk the first company to have its climate targets validated…