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A significant majority of the world’s major cities have committed for all new buildings to be netzero by 2030 and all buildings to be netzero by 2050. But with approximately 80% of existing building stock set to still be standing in 2050, meeting this netzero goal is a huge challenge for the real estate sector.
We must look to the future by enabling an economy-wide transition to net-zero; and focus on the present by helping society to adapt and become more resilient to climate risks. This will help to mobilize the capital required to enable the net-zero transition.
The report is part of the Ceres Food Emission 50 initiative, an effort focused on decarbonizing the nation’s food sector. Decarbonizing the U.S. degrees," said Mary Beth Gallagher, Director of Engagement at Domini ImpactInvestments. “It SOURCE: Ceres. by the end of the decade.
Sustainable investment firm responsAbility and asset manager ESG Asset Management (ESG-AM) announced the launch of the Transition to NetZero Bond Fund. The fund focuses on companies that are taking measures to achieve CO2 emissions reductions and netzero greenhouse gas (GHG) emissions in the long term.
Among the survey respondents, half reported that they have set netzero GHG emissions goals for their portfolios, including 39% targeting netzero by 2050, with another 30% either having some emissions reduction goal, or in the process of drafting plans to do so.
trillion fund asks all portfolio companies to set netzero goals; ECB to use climate scores to decarbonize €387 billion bond portfolio; JetBlue orders sustainable aviation fuel made from captured CO2; ASICS launches low-carbon emissions sneakers, and more. HSBC to Exit Coal Investments. ESG Investing. Norway’s $1.2
Insurance has wide-ranging influence, and insurance companies can help decarbonize much more than their own operations. Insurance companies have a massive amount of capital at their disposal, and the investments they choose can support our collective efforts to slow climate change.
The criteria for which Bloomberg received its highest scores include: netzero targets, tracking and alignment; transition plans; alignment with regulations and frameworks; climate financial data and analytics partners; and system integration. For example, its netzero forecasts incorporate credibility analysis of transition pathways.
The new ETFs are the latest from DWS to track the Solactive ISS ESG NetZero Pathway Index Series, followed by the launch of the first funds in the suite in March, focused on eurozone and developed market equities. The post DWS Expands Paris Agreement-Aligned ETF Suite appeared first on ESG Today.
However, the onus is now firmly on government, policy and corporate stakeholders to translate ambition into impact. Supply chain finance plays a key role in unlocking investments towards decarbonization tech and making climate action more accessible to small and medium enterprises (SMEs).
The new fund aims invest in four key areas of technology supporting the achievement of netzero by 2050, including energy transition, decarbonizing industries, sustainable food & agriculture and sustainable transportation. LCIF is classified as an Article 9 Fund under the Sustainable Finance Disclosure Regulation.
Julien Beaulieu 29, Gatineau, QC law lecturer, Université de Sherbrooke Almost half the world’s largest corporations have pledged to go net-zero, but far too many of them are “climate-washing,” Julien Beaulieu says. Robert Raynor 27, Toronto net-zero coordinator, TAS Toronto, like many Canadian cities, is in a housing crisis.
The appointment follows the launch by Barclays of its new Energy Transition Group within its Corporate and Investment Bank in January, responsible for advising clients in the exploration of energy transition opportunities, and supporting clients on the path to netzero.
Barclays announced today the appointment of James Edmonds as Global Head of Sustainable Project Finance in its Corporate and Investment Bank, leading a project finance team focused on helping clients transition to netzero.
Amazon Commits $50 Million to Invest in Women-led Climate Tech Companies. McKinsey Launches Council Focused on Decarbonizing the Built Environment. EU Commits €3 Billion to Invest in Energy & Industrial Decarbonization Projects. Carlyle Invests $350 Million in Distributed Solar & Storage Platform Aspen Power.
The announcements follow recent sustainable finance appointments at the bank, including the appointment in September of Daniel Hanna as Global Head of Sustainable Finance for the Corporate and Investment Bank, and of Marie Freier as Global Co-Head of Sustainable and ImpactInvestment Banking.
This commitment is strategically divided: $50 million supports nonprofit grants that empower organizations driving climate and social impact, while the other $50 million is dedicated to equity and debt investments in early-stage climate startups (Seed to Series A) and venture funds. Leading Decarbonization Across Land, Sea, and Cities.
Carbon Reform’s full suite of solutions offers building managers a toolkit for decarbonizing their HVAC systems, reducing pollutants, and achieving energy savings — all critical steps for transforming the built environment. Decarbonizing the built environment is one way to support global climate ambitions and resilient ecosystems.
In recent years, impactinvesting has become mainstream and private equity (PE) firms are playing a key role. Despite being dismissed by some as “woke capitalism”, impactinvesting is a trend that is here to stay. PE firms have helped to grow the popularity of impactinvesting.
That’s why Save the Children Global Ventures , through our Children’s ImpactInvestment Fund, has invested in ATEC — a high-integrity innovator and distributor of clean cooking devices. ATEC verifies the carbon impact of its stoves by digitally measuring and recording their usage through a SIM card-enabled stove top.
C What the G7 ministers said: “We underline our commitment, in the context of a global effort, to accelerate the phase- out of unabated fossil fuels so as to achieve netzero in energy systems by 2050 at the latest in line with the trajectories required to limit global average temperatures to 1.5°C.”
The new platform is being launched with backing from global alternative asset firm TPG, with a $300 million capital commitment from its climate-focused investment strategy TPG Climate Rise , and its impactinvesting strategy, The Rise Fund. Montag said: “To deliver on netzero and keep as close as possible to a 1.5-degree
The FCA rules introduce four labels intended to help consumers to differentiate between the sustainability objectives and investment approaches of investment products, including Sustainability Improvers, investing in assets that have the potential to improve environmental and/or social sustainability over time.
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