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HSBC announced today that its Group ChiefSustainabilityOfficer Celine Herweijer will be stepping down from her role and departing the bank at the end of the year. The firm said that Julian Wentzel, currently Head of Global Banking, MENAT, will be assuming the position of Interim Group ChiefSustainabilityOfficer.
Billion Sustainable Investing Mandate from SJP Net Zero Investor Coalition Hits Pause After BlackRock Exit Exec Moves Mars Appoints Alastair Child as New ChiefSustainabilityOfficer Barclays Head of Sustainability Steps Down Sodali Appoints Andrew Benett as New CEO
International banking group Standard Chartered announced that it achieved $982 million income generation from sustainable finance in 2024, growing by 36% year-over year. Notably, Standard Chartered also released a goal to reduce emissions from capital markets activities for the oil and gas sector by 26.9%
International banking group Standard Chartered announced that it achieved $982 million income generation from sustainable finance in 2024, growing by 36% year-over year. Notably, Standard Chartered also released a goal to reduce emissions from capital markets activities for the oil and gas sector by 26.9%
International banking group Standard Charteredannounced the release of its inaugural Transition Plan, outlining its detailed plan to achieve its climate goals, including its target to reach net zero emissions across its financing activities by 2050.
million in grant funding from the Wells Fargo Foundation, will support the decarbonization of approximately 100 homes for people with lower incomes, including energy efficiency improvements and solar installation. Connecting contractors to decarbonization projects and providing direct exposure to an emerging market.
Deutsche Bank announced the publication of its initial Transition Plan, outlining the bank’s methodologies, targets and achievements on its path to net-zero by 2050, across its own operations and supply chain, as well as financed emissions. This will allow us to continuously refine our own Transition Plan.”
Billion for Sustainable Food Chain Fund Infrastructure Tech Startup Neara Raises $24 Million to Help Utilities Deploy Renewable Energy, Reduce Climate Risk InterContinental Energy Raises $115 Million to Develop Green Hydrogen Projects
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements. Major Emitters Progressing on Climate Goals, But Lagging on Decarbonization Strategies: CA100+. Stellantis Aims for $2 Billion Revenues from New Vehicle Recycling and Reuse Business. Exec Moves.
Sectoral representation is dominated by various tech segments, including telecoms, chipmakers, computer makers and business service providers, while 10 banks make up the largest single sector. Esther An, ChiefSustainabilityOfficer, City Developments Limited. Our methodology measures what matters: sustainability. .
According to Pollination, the new partnership and investment will help extend its reach in key markets including Japan, South-East Asia, EMEA and Australia, and support the firm’s growth, including its investment strategy and decarbonization projects.
This week in ESG news: EU adopts new law against greenwashing; Walmart reaches 1 billion ton supply chain emissions reduction milestone; S&P forecasts $1 trillion sustainable bond market in 2024; Airbus, TotalEnergies launch sustainable aviation fuel partnership; Verizon invests $1 billion in renewable energy; EU lawmakers agree to certification (..)
HSBC announced today the launch of its first Net Zero Transition Plan, outlining the global bank’s strategy to finance and support the transition to net zero, and to meet the climate goals it has set over the past few years. Click here to access the HSBC Net Zero Transition Plan.
Today, we see the realization of that potential in Catalyst’s investment in Infinium’s electrofuels SAF, coupled with American’s long-term commitment to purchase those fuels,” said Jill Blickstein, American’s ChiefSustainabilityOfficer. About Infinium Infinium is an electrofuels provider on a mission to decarbonize the world.
Aerospace giant Airbus announced today an investment in sustainable aviation fuel (SAF) technology and production company LanzaJet, forming part of part of LanzaJet’s current $100 million growth equity funding round, aimed at enabling the company to continue scaling its ethanol-to-SAF technology. Shell , and Suncor Energy.
Credit Suisse initially announced its 2050 net zero ambition in 2020, and last year the bank pledged to align its lending and investment portfolios with net zero emissions by 2050 as well. With the publication of the Climate Action Plan today, the bank is now adding its investment activities on behalf of clients to its net zero goals.
Read more: NY Green Bank raises $314 million to meet demand for clean energy project financing. “At Sempra, we are excited about our role in advancing clean, safe and resilient energy systems for today, and for the future,” said Lisa Alexander, senior vice president of corporate affairs and chiefsustainabilityofficer for Sempra.
This week in ESG news: BNP Paribas faces first-ever commercial bank climate lawsuit; HSBC unveils new financed emissions goals; Republicans urge Congress to block ESG investing rule; Allianz to vote against companies who don’t tie pay to ESG goals; United Airlines launches venture fund for sustainable aviation fuel startups; India proposes ESG investing (..)
BTG Pactual Timberland Investment Group (TIG), a subsidiary of Latin American investment bank BTG Pactual, is one of the world’s largest timberland managers, with over $7 billion in assets and commitments, and nearly 3 million acres under management across the U.S. and Latin America.
Delta works toward decarbonizing in the aviation industry, including purchasing Sustainable Aviation Fuel (SAF) offsets, exploring the potential for hydrogen-powered aircrafts, and providing electric flight services for Delta customers from their homes to the airport.
Meta and Bain pilot a new platform designed to engage employees in corporate decarbonization goals, sharing insights into how they can reduce emissions within the company. Microsoft pledges to support public policies that would reduce global carbon and decarbonize power grids. Workers say their pay isn’t keeping up with inflation.
banks from net zero coalition; Net Zero finance umbrella group shifts focus after banks leave; process launched to expand, simplify EU Taxonomy; SBTi appoints new CEO; Biden bans offshore drilling across major portion of U.S. This week in ESG news: JPMorgan, Morgan Stanley complete exit of major U.S.
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements. Biden Turns to Private Sector to Ramp Building Decarbonization Efforts. Sustainable Finance. Citi Launches Sustainable Deposit Solution in Asia Pacific. ESG Services and Tools.
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Microsoft Signs One of the Largest-Ever Nature-Based Deals to Remove 1.5
This week in ESG news: Vanguard launches its first impact fund; Biden considers declaration of climate change emergency; Deutsche Bank appoints its first ChiefSustainabilityOfficer; UK government given 8 months by high court to come up with a climate plan; BlackRock acquires waste-to-renewable gas company for $700 million; PepsiCo issues $1.25
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements HubSpot Commits to Net Zero Across Value Chain by 2040 Air Products to Build Largest “Blue” Hydrogen Plant in Europe Government & Regulators France Bans Fossil Fuel Companies from Responsible Investment Labelled (..)
Million Exec Moves Caterpillar Appoints George Moubayed as ChiefSustainabilityOfficer Reports, Surveys & Studies Climate Tech Investment Falls in Tough Market, But Hits Record Share of VC and PE Funding: PwC 80 Million Kilometers of Grid Investment Needed by 2040 to Meet Global Climate Goals: IEA
This week in ESG news: BCG launches sustainability and climate policy & regulation center; Congress votes down Biden ESG investing rule; Deutsche Bank eyes big sustainable finance opportunity; Canada government to require suppliers to disclose emissions, set targets; Citi sets climate goals for carbon-intensive sectors; EU lawmakers agree to new (..)
Guest Post: Global Agreement on Sustainability Reporting has Never Been so Close, or More Urgent. Deloitte, Persefoni Partner on Carbon Measurement Solutions for Banks & Insurers. CBOE, Luxembourg Stock Exchange Acquire Stake in Sustainability Data Provider Util. ESG Services and Tools. Energy Transition. Exec Moves.
Cities Government & Regulators Australia to Launch Decarbonization Plans for Key Sectors Biden Launches $20 Billion Climate and Clean Tech Project Financing Programs Australia Releases Rules for Sustainability Claims to Fight Greenwashing by Companies ESG Reporting & Disclosure Norway’s $1.3
Simultaneously, Visa is making operational progress towards its verified 2040 Net Zero target by increasing energy efficiency within its own data centers and offices. Autodesk also supports impactful climate policies that move its industry toward decarbonization, as part of its effort to meet its verified 1.5-degree
Amid that soul searching, one of the largest law partnerships in the world, Baker McKenzie, named its first chiefsustainabilityofficer, Alyssa Auberger. A partner in the firm’s Paris office, with more than 20 years’ tenure, Auberger previously led Baker McKenzie’s consumer goods and retail practice. LinkedIn | Twitter.
Canadian and some other banks leaving the NZBA, as political pressure, particularly in the U.S., The NZBA said that its members voted overwhelmingly in favour of the changes, which it said will enable the group to increase focus on unlocking opportunities for financing real economy decarbonization.
.’ first sustainability-focused stock exchange; Microsoft signs record-breaking permanent carbon removal deals; Net-Zero Banking Alliance drops 1.5C Pulp and Paper Mill International Agreement Reached to Decarbonize Global Shipping, as U.S. First Sustainability-Focused Stock Exchange JPMorgan AM Raises $1.5
billion to carbon capture & storage; Sustainability ratings provider EcoVadis acquires supply chain data specialist; Mizuho appoints first ChiefSustainabilityOfficer; FactSet commits to net zero by 2040; UK pushes for more “S” in ESG; EU invests $1.8 Billion in Clean Tech Decarbonization Projects. Exec Moves.
GreenBiz recently spoke with eight chiefsustainabilityofficers and mayors that are part of the Climate Mayors network to understand what actions they are taking to ensure climate justice is embedded into their climate resiliency plans. Lauren Faber O'Connor, chiefsustainabilityofficer.
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