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Billion SustainableInvesting 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
Investment management firm Fidelity International announced today a new focused sustainableinvestment approach, targeting four systemic themes, including nature loss, climate change, strong and effective governance, and social disparities, which will drive the firm’s engagement approach towards influencing positive change.
Graham’s speech also included dubious statements about divestment and the pace of transition away from fossil fuels, claiming that the “global investment community has also changed its tune when it comes to fossil fuel divestment.” This “consensus” is imaginary.
Founded in 2019, London-based Pollination works with financial institutions, large companies, and governments to implement net zero and nature-positive transition strategies, with expertise provided in areas including finance, investment, corporate governance and strategy, technology, law, and policy.
Sustainable solutions : Solutions that enable electrification, energy transition, electric grid resilience, increase efficiency in ground and air transportation and improve air quality represented 65% of the company’s net sales in 2021. This critical work is all in service of our mission and core to the fabric of our organization.”.
In addition to the 2050 target, the climate action plan also introduces a goal to achieve a 50% reduction in investment associated emissions intensity by 2030, translating to a 6% annual reduction. The 2030 goal applies to the asset and wealth management divisions’ listed equities and corporate bond holdings.
Sustainable solutions : Solutions that enable electrification, energy transition, electric grid resilience, increase efficiency in ground and air transportation or improve air quality represented 71% of the company’s net sales in 2022, up from 65% in 2021.
We see the far-reaching implications of climate change in our operations and sourcing regions,” said Ezgi Barcenas, chiefsustainabilityofficer, Anheuser-Busch InBev. For more information on how SAP helps companies record, report, and act on their sustainability goals, visit sap.com/sustainability.
The EU SFDR regulation includes classification levels for sustainability-focused investment funds, including ‘Article 8’ funds that “promote environmental or social characteristics or a combination of those characteristics,” and the more stringent ‘Article 9’ funds, “which have sustainableinvestment as their objective.”
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 (..)
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
This week in ESG news: Microsoft signs one of the largest ever carbon removal deals; Deloitte survey finds over 40% of Gen Z & Millennials would switch jobs over climate concerns; EU Parliament proposes ban on green claims based only on carbon offsetting; Morgan Stanley raises $500 million for climate solutions fund; most companies planning to (..)
This week in ESG news: Microsoft signs largest-ever carbon removal purchase deal; EU Council agrees on rules to fight greenwashing product claims; Bloomberg launches new CSRD sustainability data solution; H&M partners with industrial decarbonization startup to tackle supply chain emissions; Workiva launches carbon data management and reporting (..)
The consumer products giant said it would be exiting any associations unwilling to become “catalysts for positive policy change,” as chiefsustainabilityofficer Rebecca Marmot put it. Cement, which is produced through the decarbonization of limestone, is responsible for some 8% of global greenhouse gas emissions.
This week in ESG news: JPMorgan, Morgan Stanley complete exit of major U.S. 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.
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements bp Invests in Fleet Decarbonization Solutions Startup Dynamon J.B.
Overall, the survey found that 78% of asset managers and 80% of asset owners globally expect assets in sustainable funds to grow in the next two years, with only 3% in each group expecting a decline in sustainableinvestment allocations or AUM over the same period.
In todays economic and political landscape, chiefsustainabilityofficers who can quantify the value of initiatives have a better chance of winning internal and investor funds for those initiatives.
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 EU Invests €1.8 Government & Regulators.
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