PA Future asked sustainable investment professionals what they would like to see come out of COP30, and the answer was clearly centred around accountability, action and measurable progress. In the 30th Conference of Parties (COP30), starting on 10 November in Brazil, leaders, policymakers and investors will congregate to discuss progress made on the Paris Agreement and previous pledges made at…
A group of 16 U.S. State Attorneys General*, led by Florida AG James Uthmeier have sent letters to the leaders of several companies, including tech giants Microsoft, Google and Meta, urging the companies to not comply with the EU’s new sustainability reporting and due diligence regulations, the CSRD and CSDDD, and warning that the laws would expose the companies to…
Social and human capital data company Denominator announced today the acquisition of gender equality and diversity data provider Equileap, in a move described by Denominator as aimed at creating a global leader in Human Capital Data. Founded in 2021, New York-based Denominator provides information aimed at enabling businesses and investors to navigate people-related matters across investments, procurement and corporate strategy….
Power company Engie announced that it has entered a 15-year renewable Power Purchase Agreement (PPA) with Apple enabling the construction of new solar and wind projects in Italy. Under the agreement, Engie will develop 173 MW of new capacity in southern Italy, including two wind farms, one wind repowering project, and two agrivoltaic plants. The new projects are scheduled to…
By: Nathan Truitt, Executive Vice President, American Forest Foundation Carbon credit buyers today are presented with many black-and-white dichotomies and urged to pick sides. Reductions or removals? Tech-based or nature-based solutions? Yet these distinctions are nowhere to be found in the scientific literature on climate action, which makes clear we need all these activities to mitigate climate change. As COP30 approaches, companies…
Global alternative investment manager Apollo announced an agreement to acquire a 50% stake in one of the world’s largest offshore wind farms, the UK’s Hornsea 3, from energy developer Ørsted, with Apollo committing to invest $6.5 billion to fund the transaction and half of the project’s remaining construction costs. Located 160 km off the coast of Northern England, Hornsea 3…