The Science Based Targets Network (SBTN) announced today the release of Science-Based Targets for Nature 2.0, marking a major update of its methods and guidance for corporate nature-focused sustainability target setting and implementation across areas including land, freshwater and oceans. The new release follows the SBTN’s inaugural corporate science-based targets for nature, launched in 2023, aimed at guiding companies in…
Professional services firm EY US announced a new alliance with climate solutions provider Watershed, aimed at enabling organizations to measure, report and address greenhouse gas emissions across the value chain. According to the companies, the new alliance will combine Watershed’s sustainability AI platform with EY US, advisory, implementation and program mangement capabilities to help organizations with scope 1, 2 and…
Index provider Stoxx and sustainability-focused asset manager Osmosis announced the launch of the iSTOXX Osmosis Multi Factor Transition Indices, a new suite of 48 indices integrating sustainability research into factor investing strategies. According to the companies, the new indices are designed to offer investors access to a broad range of systematic equity exposures, while combining proprietary sustainability-integrated factor research from…
Maritime fuel technology startup Blaze Energy announced that it has raised $6.5 million in a seed funding round, with proceeds aimed at accelerating the commercial deployment of its technology enabling existing shipping engines to operate on multiple alternative fuels. According to Blaze, the financing comes as the maritime shipping industry faces growing pressure to reduce emissions, with ship owners lacking…
UK development finance institution British International Investment (BII) announced plans to channel $1.6 billion in climate finance investments in Southeast Asia over the next five years, aimed at supporting the region’s transition from fossil fuels to renewable energy and strengthening climate resilience. According to BII, approximately half of the $1.6 billion will be provided by the organization, with the remaining…
California-based impact investment advisory firm Candide announced that it has raised $71.5 million in commitments at the final close of its Afterglow Climate Justice Fund, focused on financing clean energy and climate resilience projects in historically underinvested U.S. communities. Launched in 2023, Afterglow was established to address the financing challenges faced by clean energy projects in communities with high energy…
BNP Paribas Asset Management (BNPP AM) announced today the release of its new Global Sustainability Strategy (GSS), the first major update since more than doubling the size of its business through the 2025 acquisition of AXA Investment Managers. The new GSS sets out the investment manager’s multi-year approach to integrating sustainability considerations into its investments and operations, and indicates an…