PA Future speaks to Michael Horvath, sustainable finance and sustainability leader at PwC Luxembourg, about the European Commission’s Omnibus changes to the Corporate Sustainable Reporting Directive (CSRD), and how the delays will provide short-term relief but those getting ready now will be the leaders of the future. What are the proposed changes to CSRD? Which organisations does this impact? The…
Octopus team sets up sustainability integration firm Groundswell
The sustainability and impact team at Octopus has left to set up its own sustainability integration business for asset managers. Jack Cracknell (pictured left) and Lucy Ronan (pictured right), ran the impact and sustainability team for over five years across the Octopus group of companies, including Octopus Investments, Octopus Ventures and Octopus Capital. They have now set up Groundswell to…
Why ‘saving the world’ is entwined with growth
When the outgoing chair of Aberdeen Group, Sir Douglas Flint, said financiers had made a “huge mistake” by claiming they could “save the world”, it made headlines. The ex-HSBC chair’s speech was quoted in the national press after he addressed a City of London conference at the end of last month. He told his audience fund managers had come to…
Google Signs Largest-Ever Corporate Hydropower Deal with Brookfield
Brookfield Asset Management and its clean energy platform Brookfield Renewable announced today the launch of a new Hydro Framework Agreement (HFA) with Google, for the delivery of up to 3,000 MW of carbon-free hydroelectric capacity to power Google’s operations across the U.S. The deal marks the largest-ever corporate clean power deal for hydroelectricity. Under the new agreement, Google will have the…
Benchmark Gensuite Launches New Solution to Measure, Address Climate Risks in Operations and Supply Chains
Environmental Health & Safety (EHS) and sustainability platform provider Benchmark Gensuite announced the launch of its new Sustainability and Climate Risk Management Solution, a new software solution aimed at enabling companies to identify, quantify, and mitigate climate-related risks across global operations and supply chains. The new solution was launched in partnership with GIST Impact, a provider of data and analytics…
DHL Signs Deal with Neste for Over 9 Million Liters of Sustainable Aviation Fuel for Singapore Flights
International express service provider DHL Express, and renewable fuels producer Neste announced today a new agreement for the supply of 7,400 metric tons (9.5 million liters) of sustainable aviation fuel (SAF) to be delivered over the next year to power DHL’s international cargo flights from Singapore. The deal marks one of the largest SAF agreements for the air cargo industry…