ESG Today

NOVEMBER 17, 2024

See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements IKEA Invests $1.6

CDP 109

CDP Smart Grid Decarbonize Net Zero 109

ESG Today

JULY 6, 2022

Sustainability-focused and sustainable investment groups reacted to the vote with disappointment. Branding fossil gas as transitional and green in the Taxonomy is unlawful as it clashes with the EU’s key climate legislation, including the European Climate Law and the Taxonomy regulation itself.”.

Green Investing 112

Green Investing Climate Change Sustainable Investment 112

Chris Hall

MARCH 13, 2025

According to the report, debt financing remains the dominant source of sustainable investment flows, with green European bond issuance exceeding 200 billion every year since 2021. Outstanding green loans stood at 908 billion in 2023 while green bond volumes reached 781 billion.

Green Bonds 52

Green Bonds Green Investing Sustainable Investment 52

ESG Today

FEBRUARY 5, 2025

The EU Taxonomy is part of the EU Action Plan on Sustainable Finance, establishing a classification system enabling the categorization of economic activities that play key roles in contributing to at least one of six defined environmental objectives, and that Do No Significant Harm (DNSH) to the other objectives.in

Climate Change 110

Climate Change Banking Green Investing Sustainable Investment 110

Corporate Knights

JANUARY 16, 2024

Now we can measure this green business exposure for the majority of companies and are able to count annual green investments that run into the trillions, growing six times faster than the economy at large,” Heaps says. When we launched this ranking in 2005, the green economy was a quaint idea.

Manufacturing 363

Manufacturing Banking Sustainable Investment Net Zero 363

Corporate Knights

DECEMBER 1, 2023

As the COP28 meeting begins and the world looks to the financial sector to step up on the climate crisis, the global sustainable investment industry is finally coming to grips with allegations of greenwashing that have plagued it for years. Sustainable Investment Forum (U.S. trillion. “We Maria Lettini, CEO of the U.S.

Sustainable Investment 144

Sustainable Investment Greenwashing Green Investing Impact Investing 144

Corporate Knights

MARCH 22, 2023

The amount of these pension funds’ actual investments labelled as “sustainable” rose to $276 billion in 2021, up from just $163 billion a year earlier. The dashboard shows that sustainable investments composed nearly 13% of the pension funds’ total assets of $2.2 trillion, versus just 7% of $2.1

Net Zero 301

Net Zero Stranded Assets Sustainable Investment Zero Carbon 301

Corporate Knights

MARCH 3, 2025

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 144

Net Zero Supply Chains Supply Chain Green Bonds 144

Corporate Knights

AUGUST 2, 2023

times more equity in fossil fuel production companies ($880 billion) than in green investments ($309 billion), while the percentage of those carrying out “truly ambitious and effective climate stewardship practices” has shrunk by 45% since 2021: just 18% received an A grade this year, versus 33% in 2021. trillion (all figures in U.S.

Net Zero 246

Net Zero Climate Change Green Investing Sustainable Investment 246

Chris Hall

SEPTEMBER 29, 2023

With the looming Paris Agreement goal of reducing greenhouse gas emissions by at least 43% by 2030, nations are adopting different approaches to stimulating their green economy and encouraging sustainable investment. The UK, meanwhile, is trailing behind in terms of green investment.

Green Investing 64

Green Investing Paris Agreement Net Zero Clean Technology 64

ESG Today

SEPTEMBER 16, 2024

The new fund is launching with $400 million in commitments at its first close, with initial investors including Toyota Motor Corporation, Iwatani Corporation, Sumitomo Mitsui Banking Corporation, MUFG Bank, Tokyo Century Corporation, Japan Green Investment Corp. for Carbon Neutrality, and the Bank of Fukuoka.

Development 130

Development Supply Chains Supply Chain Banking 130

Corporate Knights

MARCH 20, 2024

Is the nuclear industry using a smokescreen of net-zero to cover up its sustainability problems? After months of contentious debate, the EU agreed to add natural gas and nuclear to its EU taxonomy, the official list of acceptable sustainable investments to help Europe finance its ambitious climate goals.

Green Bonds 299

Green Bonds Net Zero Climate Scientist Waste 299

Corporate Knights

MARCH 1, 2023

A European green taxonomy The European Union has produced a green taxonomy that mostly excludes fossil fuel projects from the sustainability label, though it controversially includes some natural gas uses and nuclear as “sustainable” investments.

Net Zero 322

Net Zero Climate Change Banking Greenwashing 322

ESG Today

OCTOBER 7, 2024

The agreement marks a continued collaboration between HSBC and IFC, following the previous joint launch of the HSBC Real Economy Green Investment Opportunity GEM Bond Fund (REGIO), which reached investor commitments of nearly $540 million at final close in 2022.

Green Investing 104

Green Investing Sustainable Investment Banking Development 104

ESG Today

OCTOBER 26, 2023

The depth of her technical expertise and wealth of experience progressing sustainable investing makes her ideal to drive our sustainability strategy forward.” Ryan said: “Our industry has an immense role to play in improving sustainable outcomes achieved and financing the transition to net zero.

Chief Sustainability Officer 108

Chief Sustainability Officer Net Zero CDP Green Investing 108

ESG Today

FEBRUARY 1, 2023

In her speech introducing the plan today, von der Leyen highlighted how many countries are “stepping up their investment in the net-zero industry,” noting in particular the U.S.’ von der Leyen said: “Let me be very clear on this one: We welcome this, this is good news.

Net Zero 144

Net Zero Green Investing Sustainable Investment Climate Change 144

Chris Hall

DECEMBER 16, 2024

The European Commissions DG FISMA has emphasised the merits of replacing the Sustainable Finance Disclosure Regulations (SFDR) existing Article 8 and Article 9 labels with formal categories based on clearer criteria. InfluenceMap also reported that Article 8 funds had cumulatively invested 43.8

Sustainable Investment 59

Sustainable Investment Greenwashing Green Investing Development 59

Chris Hall

SEPTEMBER 28, 2022

UK ministers enthuse about the post-Brexit potential to unleash a new wave of green investment, but not everybody is convinced. But Salkeld at ShareAction called for a much more active approach from the authorities to encourage this newly-released money into sustainable investments. “We

Sustainable Investment 52

Sustainable Investment Net Zero Green Investing Banking 52

Corporate Knights

MARCH 7, 2023

The European Union, China, the United Kingdom and about 20 other countries are developing such taxonomies as a way of discouraging greenwashing and channelling investment to the climate transition. The EU’s taxonomy has been particularly controversial because of its inclusion of natural gas and nuclear as “green investments.”

Carbon Offsets 260

Carbon Offsets Net Zero Greenwashing Green Investing 260

ESG Today

AUGUST 17, 2023

Before joining KKR, Lagarrigue was a founding partner in growth equity firm General Atlantic’s decarbonization-focused fund, BeyondNetZero , and Arora served as head of Macquarie’s Green Investment Group for Asia-Pacific.

Net Zero 98

Net Zero Green Investing Sustainable Investment Decarbonize 98

ESG Today

NOVEMBER 27, 2023

Ulrika Leverenz, Head of Green Investment at H&M Group, said: “H&M Group has been engaged in climate mitigation for years and we continuously push ourselves to demonstrate climate leadership within our industry. We see that our industry is committed to tackle its negative climate impact.

Supply Chains 125

Supply Chains Supply Chain Net Zero Decarbonize 125

ESG Today

AUGUST 31, 2023

the EU and Canada and each region looking to attract massive private sector investments as well. The investors added: “Building on the UK’s position as the world’s largest net exporter of financial services, sustainable finance is a major growth industry in the UK. trillion in assets under management.

Net Zero 122

Net Zero Green Investing Sustainable Investment Decarbonize 122

ESG Today

SEPTEMBER 11, 2023

The announcement marks a win for the UK’s Sunak government, which has set goals to establish itself as a hub for sustainable investment, but has come under fire for not sufficiently responding to the clean energy and industry packages launched by other major economies the U.S.

Green Investing 108

Green Investing Sustainable Investment Climate Change Manufacturing 108

ESG Today

SEPTEMBER 5, 2024

In its semi-annual Trends, Risks and Vulnerabilities (TRV) report, ESMA notes the need for “significant public and private sector financing” to achieve the EU Green Deal objectives and support the green transformation of the economy. leading to increasing caution towards ESG investing and shareholder engagement.

Green Bonds 104

Green Bonds Green Investing Sustainable Investment Development 104

Chris Hall

FEBRUARY 11, 2025

Another issue raised in the report is the need for financial institutionsto get to grips with the green asset ratio (GAR) and green investment ratio (GIR), both of which aim to quantify the proportion of sustainable investments in investment portfolios.

Green Investing 52

Green Investing Sustainable Investment Development 52

ESG Today

OCTOBER 9, 2024

Sustainalytics’ EU Taxonomy Solution provides granular data covering all six objectives and revenue, capex, and opex KPIs, to enable investors to streamline regulatory reporting and enhance portfolio monitoring and develop green investment products investment analysis.

Divestment 104

Divestment Greenwashing Green Investing Sustainable Investment 104

Chris Hall

DECEMBER 19, 2023

Article 8 funds promote “environmental and/or social characteristics”, while Article 9 refers to products that have a sustainable investment objective; all holdings within a fund must be sustainable investments that meet the standard of “do no significant harm”.

Sustainable Investment 64

Sustainable Investment Net Zero Greenwashing Green Investing 64

Chris Hall

APRIL 11, 2022

New report provides guidance to asset owners on closing net zero investment gap. . Asset owners should track their contributions to climate change mitigation by calculating the green investment ratio of portfolios and assets, according to a recent report by the Institutional Investors Group on Climate Change (IIGCC). .

Net Zero 52

Net Zero Green Investing Paris Agreement Climate Change 52

Chris Hall

MAY 17, 2024

It had previously been possible to launch an EU environmental opportunities fund, claiming Article 8 classification under the Sustainable Finance Disclosure Regulation (SFDR) , while allocating as little as 10% of assets to demonstrably green investments.

Greenwashing 80

Greenwashing Sustainable Investment Green Bonds Green Investing 80

3BL Media

OCTOBER 26, 2022

“Your fiduciary responsibility as an investor needs to account for nature, otherwise you’re not recognizing the underlying value and you’re not understanding the material financial risks associated with your investment decisions,” he says. Lack of investment options. Prime ingredients for value creation.”.

Value Creation 130

Value Creation Net Zero Corporate Social Responsibility Sustainable Investment 130

Chris Hall

NOVEMBER 10, 2023

Tim Day, Investment Fund Manager at Trina Solar, explains the importance of Europe’s sustainable investment community in the growth of solar power. EU regulation goes hand in hand with a decade-long trend of increased focus on green investment in the EU.

Net Zero 64

Net Zero Sustainable Investment Manufacturing Green Investing 64

Renewable Energy World

SEPTEMBER 14, 2021

IHA said it would expect its members to certify new projects under the Hydropower Sustainability Standard, in line with the organization’s updated membership charter. It will address any confusion about whether a new hydropower project is sustainable and will, crucially, help to unblock green investment and licensing decisions.”.

Green Bonds 68

Green Bonds Climate Change Green Investing Sustainable Investment 68

Chris Hall

JUNE 8, 2023

ING Asset Management’s new SDG Impact Strategy will provide clients with exposure to companies that contribute specifically to the 17 UN Sustainable Development Goals (SDGs), responding to strong demand for ‘dark green’ investments. The funds downgraded in Q4 2022 were worth a combined €171.1

Impact Investing 52

Impact Investing Sustainable Investment Greenwashing Green Investing 52

Chris Hall

JUNE 21, 2024

In 2018, the Asset Management Association of China, a self-regulatory body set up by the sector, released Green Investment Guidelines for trial implementation. The guidelines define the concept of green investment, and set out basic objectives, principles, and methods of supervision.

Greenwashing 52

Greenwashing Green Investing Paris Agreement Climate Change 52

Eco-Business

APRIL 19, 2021

Southeast Asia is establishing a green finance rulebook to bring greater accountability to sustainable investments. Balancing the needs of countries that have different ambitions to cut carbon emissions will be a major test.

Green Investing 19

Green Investing Sustainable Investment 19

Chris Hall

FEBRUARY 2, 2024

billion) green investment pledge. But Shadow Chancellor Rachel Reeves did earn applause from the UK Sustainable Investment and Finance Association when she recognised “the potential for private capital to finance a significant portion of the UK’s transition to net zero”.

Net Zero 80

Net Zero Banking Development Greenwashing 80

Chris Hall

AUGUST 8, 2023

times more equity value in fossil fuel production companies (US$880 billion) than in green investments (US$309 billion). Green investments were calculated according to the criteria of the EU taxonomy. trillion of the assessed asset managers’ equity fund portfolios, the report found that managers hold 2.8

Paris Agreement 52

Paris Agreement Net Zero Green Investing Sustainable Investment 52