A selection of this week’s major stories impacting ESG investors, in five easy pieces. Nature-focused investor engagement took a big step forward this week, with the unveiling of targets and expectations. Analysis this – How many psychiatrists does it take to change a light bulb? Just one, but the light bulb really has to want to change. How many investors…
$24 Trillion Investor Group Launches Campaign Targeting 100 Companies to Address Biodiversity, Nature Loss
Nature Action 100, an investor engagement initiative with 190 institutional investors representing nearly $24 trillion in assets announced its list of 100 companies to be targeted in a campaign aimed at driving corporate action to address nature loss and biodiversity decline. Companies targeted by the campaign include Amazon, McDonald’s, Nestlé, Walmart and Glencore. According to Nature Action 100, companies were…
Nucor, Helion to Build Fusion Power Plant to Decarbonize Steelmaking
Steel manufacturer Nucor and clean energy startup Helion announced an agreement to develop a 500 MW fusion power plant at a U.S.-based Nucor steel manufacturing facility, providing the facility with zero-carbon electricity. According to the companies, the collaboration marks the first fusion energy agreement of this scale, and a significant milestone towards industrial decarbonization. Nucor also announced a $35 million…
LyondellBasell Launches Line of Low Carbon Materials to Help Businesses Meet Emissions Reduction Goals
Chemical company LyondellBasell today announced the launch of its +LC (Low Carbon) solutions, a new range of chemicals produced using recycled and renewable feedstock that manufacturers can use to make their products more sustainable and help them meet emissions goals. LyondellBasell is among the world’s largest producers of polymers including propylene oxide and its derivatives including propylene glycol, propylene glycol…
EcoVadis Launches Product Carbon Emissions Tracking Solution
Business sustainability ratings provider EcoVadis announced today the launch of the the EcoVadis Product Carbon Footprint (PCF) Data Exchange, a new feature in its Carbon Action Module solution, aimed at enabling companies to more precisely track product-level greenhouse gas emissions. According to EcoVadis, the new feature aims to address one of the key barriers to companies’ carbon reduction strategies, enabling…
France Announces Plan to Cut Emissions 55% by 2030
French President Emmanuel Macron unveiled the country’s “ecological plan” to cut greenhouse gas (GHG) emissions by 55% by 2030, compared to 1990 levels, in line with the EU’s interim climate goals. According to the President’s presentation of the plan, reaching the 2030 goal will require a major acceleration in the country’s GHG emissions reduction progress, ramping to 5% per year…
CBRE Signs Deal to Collect Emissions Data from Supply Chain
CBRE Group, one of the world’s largest commercial real estate services and investment firms, has announced a strategic partnership with carbon accounting software provider Emitwise, aimed at enabling CBRE to collect greenhouse gas emissions data from its supply chain, and to provide its suppliers with carbon accounting capabilities. CBRE said that it will also make a strategic investment in Emitwise…