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TotalEnergies Acquires Renewable Energy Developer VSB for $1.7 Billion

ESG Today

French energy giant TotalEnergies announced on Wednesday an agreement to acquire Germany-based renewable energy project developer VSB Group from global private markets investor Partners Group for total consideration of €1.57 Founded in 1996, Dresden-headquartered VSB develops wind and solar energy projects across Europe.

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KKR 2021 Sustainability Report: Driving Value Creation

3BL Media

DESCRIPTION: OUR APPROACH When we are invested in a company, we leverage our investment model and our focus on operational and strategic improvements to drive value creation on ESG issues across our investments, where relevant. Q: How do you think about ESG performance as opportunity for value creation? SOURCE: KKR.

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IWBI Announces Inaugural Social Sustainability Summit in New York

3BL Media

We invite the real estate community to join us as we explore ways to create positive social impact throughout the real estate investment and development process, generating shared value for all stakeholders.” Social sustainability equals investment value creation.” More information on WELL can be found here.

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Luxury in the new normal: Leadership and innovation in 2020 and beyond

GreenBiz

As luxury fashion brands adapt and survive in the "new normal," they can drive a renewed vision of the luxury business that demonstrates how to decouple volume growth from value growth. Optimized distribution of value creation is important in a context where the pandemic has rendered raw material and manufacturing workers more vulnerable.

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Guest Post – Transforming Reporting into Strategy: Navigating Europe’s Omnibus Package

ESG Today

For businesses already embarking on their sustainability journey, this development offers an opportunity to reassess how they approach reporting requirements and extract maximum strategic value from their sustainability efforts rather than treating it as a compliance exercise.

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Electric tractors, agribots and regenerative agriculture

GreenBiz

And, through its Precision Planting division, AGCO is developing more devices — many of which can be retrofitted to existing equipment from AGCO and competitors — that help farmers track organic matter or water metrics, among other data. "How We are really looking at value creation from the customer perspective." .

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Can we finally standardize ESG standards?

GreenBiz

While this is a welcome signal, all of this work could be rendered moot by the International Financial Reporting Standards (IFRS) Foundation’s proposal to develop ESG standards. Materiality: The mission of the IFRS Foundation is "to develop standards that bring transparency, accountability and efficiency to financial markets around the world."