• info@esgwise.org
Microsoft Adds AI, Value Chain Data Solutions to Sustainability Platform

Microsoft Adds AI, Value Chain Data Solutions to Sustainability Platform

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…

Nearly Half of Companies Still Using Spreadsheets to Manage ESG Data: KPMG Survey

Nearly Half of Companies Still Using Spreadsheets to Manage ESG Data: KPMG Survey

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,…

Environmental Justice: A Primer

In April, President Biden signed Executive Order 14096 to “Revitalize our Nation’s Commitment to Environmental Justice for All.”  It states, “We must advance Environmental Justice for all by implementing and enforcing the Nation’s environmental and civil rights laws, preventing pollution, addressing climate change and its effects, and working to clean legacy pollution that is harming human health and the environment.”…

Norwegian SWF Grapples with Scope 3  

Sovereign wealth fund has upticked climate-related activity, including filing proposals for the first time and encouraging transition planning.    The world’s largest sovereign wealth fund, Norges Bank Investment Management (NBIM), has said its Scope 3 reporting is currently “grossly underestimated”, while in the early stages of testing techniques.   On 7 February, NBIM, which manages US$1.3 trillion in assets on…

2024 AGM Outlook: Asset manager voting policies are ‘super vague’

2024 AGM Outlook: Asset manager voting policies are ‘super vague’

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…

Investors told to vote down fossil fuel directors

Investors told to vote down fossil fuel directors

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…

Investec Appoints Alicia Forry as Head of ESG for Alternative Investments

Investec Appoints Alicia Forry as Head of ESG for Alternative Investments

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…

Maersk Sets New Series of SBTi-Approved Climate Goals

Maersk Sets New Series of SBTi-Approved Climate Goals

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…

EU Carbon Capture Targets ‘Unrealistic’

Experts say the bloc’s 2030 carbon capture target strikes a reasonable balance, as Net Zero Industry Act fleshes out storage strategy.  Increased clarity on the European Commission’s carbon capture utilisation and storage (CCUS) plans has failed to dispel concerns that expectations for the technology’s development by 2040 are unrealistic.  The Net Zero Industry Act (NZIA) has set a target of…