article thumbnail

U.S. SEC waters down its climate reporting rule under legal threats 

Corporate Knights

Sustainable Investment Forum, in a statement. When fully in place in 2026, the rule will require large, publicly listed companies to disclose their Scope 1 and Scope 2 greenhouse gas emissions from their direct operations and energy use if the emissions are sizeable enough to represent a material financial risk to the company.

article thumbnail

FCA Releases Anti-Greenwashing and Sustainable Investment Product Rules

ESG Today

According to the FCA, the new rules come as investors increasingly seek investments with positive environmental and social impact, with global AUM in ESG-oriented funds anticipated to grow to $36 trillion by 2026, while around 70% of investors report lacking trust in the sustainability claims of investment products.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The 25 most sustainable private companies in the world

Corporate Knights

But with sustainability, there are reasons to be more forthcoming. Private companies are increasingly eager to report on their environmental, social and governance (ESG) performance and their sustainability investments amid the publics growing appetite for companies that are trying to be good corporate citizens. 7 BGIS Canada 3.6%

Net Zero 207
article thumbnail

To boost competitiveness, Europe proposes slashing key climate rules

Corporate Knights

Drastic changes to the scope of sustainability reporting rules will limit investor access to comparable and reliable sustainability data, said Aleksandra Palinska, executive director at the European Sustainable Investment Forum, Europes umbrella network for sustainable finance, in a press release.

Net Zero 143
article thumbnail

Hero: Volvo ditches diesel and revs up electric car sales

Corporate Knights

billion into EV production last year and says it plans to invest US$50 billion by the end of 2026, with hopes of producing two million EVs a year. Though just 3.5% of Ford’s revenue came from manufacturing electric vehicles in 2022, it poured more than US$2.1 Teasing out corporate pledges from their ledger books is key.

article thumbnail

ESG is the private equity industry’s next frontier

Corporate Knights

But PE is well placed to lead sustainable investing. In 2021 , the PE industry reached more than US$5 trillion in assets under management, with expectations to grow well beyond $11 trillion by 2026. Research by BlackRock shows that PE outperformed the S&P 500 and MSCI World indexes by 2.8

Net Zero 310
article thumbnail

Clean energy stocks are making a comeback

Corporate Knights

and Europe between 2026 and 2023. In early May, the company announced it had signed an agreement with Microsoft to supply massive amounts of renewable energy to power Microsoft operations in the U.S. gigawatts, the deal is almost eight times larger than the largest single corporate power purchase agreement ever signed. on May 21.