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Sustainableinvesting is changing global supplychains: 4 key takeaways. Sustainableinvesting strategies have ascended quickly in the last 10 years. For more great analysis of ESG and sustainable finance, sign up for GreenFin Weekly , our free email newsletter.). José Miguel Salazar.
According to Robeco, the firm chooses engagement themes each year through consultations with clients, its investment teams, and other external stakeholders. Ghislaine Nadaud, Senior SustainabilityInvesting Specialist at Robeco said: In our engagement with transition sectors, we will be not only focusing on downstream or upstream activities.
December 19, 2024 /3BL/ - Integrating sustainability into supplychain operations is more than an ethical imperativeits a smart business move. This report highlights how integrating sustainability measures can serve as a catalyst for substantial improvements in both economic efficiency and strategic innovation.
This week in ESG news: Canada to require oil & gas industry to slash emissions; California’s climate reporting law survives legal challenge; Mizuho invests in climate solutions provider Pollination; new clean energy deals signed by H&M, Meta, Saint-Gobain; incoming EU finance Commissioner calls for sustainableinvestment labels, reduced SFDR (..)
Owens Corning, owner of Paroc AB, celebrated breaking ground on its new sustainabilityinvestment at the Paroc Hällekis plant in Sweden. They also look forward to seeing the positive impact it will have on the environment and the stone wool supplychain.”
Rob Fisher, KPMG US ESG Leader, said: “CEOs are going beyond checking the compliance box on sustainability. The survey indicated that the CEOs continue to focus on ESG as the initiatives and investments are expected to yield financial returns. The majority of U.S. Another 25% expect a longer period, predicting 5-7 years.
Fashion and design brands company H&M Group announced the launch of a new partnership with zero-carbon industrial heat solutions provider Rondo Energy, aimed at applying Rondo’s industrial decarbonization solution to help address the emissions footprint of H&M’s supplychain.
The impact of human rights abuses in portfolio companies and their supplychains is becoming more apparent to investors. Martin Buttle, Head of Good Work at NGO ShareAction says, given the estimates, “there is a very real chance that victims are present in the global supplychains” of investee companies.
The survey found that sustainability was one of several areas anticipated to see increased investment in 2024, as business leaders feel increasingly confident about future growth, with 56% of respondents reporting optimism about the outlook for their organizations, compared to only 42% in the prior year’s survey.
Rising interest rates and supplychain problems in the post-pandemic period have eroded values of clean energy stocks and funds. The recovery has been driven by expectations of lower interest rates and long-term demand for renewable energy for electric vehicles, building heat, industrial uses and data centres.
Since June 2020, Olam has been included in the FTSE4Good Index Series, a global sustainableinvestment index series developed by FTSE Russell, following a rigorous assessment of Olam’s supplychain activities, impact on the environment and governance transparency.
million over ESG investing claims; IAASB releases first sustainability reporting assurance standards; EU lawmakers delay supplychain deforestation law; Shell wins appeal against landmark climate ruling; CDP strengthens alignment of sustainability reporting platform with GRI, EU standards; IKEA invests $1.6
Solar Projects in Texas, Illinois Columbia Launches Masters Degree in Climate Finance Saudis NEOM, DataVolt to Build $5 Billion Net Zero AI Data Center Equinor Slashes Energy Transition Investment Plans ESG Reporting New Acting SEC Chair Questions Need for Climate Disclosure Rule California Climate Reporting Law Survives Challenge Claiming that Shaming (..)
While executives reported becoming more concerned about climate change, however, the report found that they are also increasingly focused on opportunities to achieve direct benefits to their businesses through their sustainability-related investments and initiatives.
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 SustainableInvestment Forum, Europes umbrella network for sustainable finance, in a press release.
Sustainableinvestment solution provider u impact has joined forces with specialized green banking software provider ecolytiq to introduce innovative sustainableinvestment products to a wider branch of private investors.
Concerned about this concentration, Western countries are actively seeking ways to diversify their supplychains and reduce their dependence on Beijing. Emerging recycling technologies offer a sustainable way to shore up the supplies the world needs and reduce pressure to expand mining. million motors for EVs.
Canada Signs EV and Battery SupplyChain Agreements with Volkswagen, Mercedes-Benz. Diginex Launches “Worker Voice” SupplyChain Transparency Platform. ESG Investing. Robeco Opens up Access to SustainableInvesting IP. Sustainable Finance. California to End Sales of Gas-Powered Cars by 2035.
They are therefore taking things into their own hands, actively engaging with companies to eliminate modern slavery from supplychains. This means they havent assessed the risks in their supplychains nor taken steps to adequately mitigate those risks, she tells ESG Investor.
More than half of senior executives responsible for environmental, social and governance (ESG) initiatives as well as sustainability issues say their firms will have double-digit increases in spending toward the efforts in 2022 and will prioritize funding related to supplychainsustainability, according to a survey… Read more →
This SustainedInvestment Furthers Momentum for National Smart Manufacturing Adoption Across SupplyChains, with Focus on Small and Medium-Sized ManufacturersThe U.S. Department of Energy's (D.
And early work on issues of diversity, human rights, climate, and the environment – both in direct operations and throughout global supplychains – were essential stepping stones for future work. Building on that past, let’s look at some encouraging signs that promise a bright future for the industry’s ESG work.
This week in ESG news: SEC chief says investors want supplychain emissions reporting to manage climate transition risk; survey finds over 80% of companies plan to increase sustainability spend next year; Apple & Nike launch supplychain decarbonization initiative; Porsche to use green steel in cars; KPMG launches decarbonization hub in Canada; (..)
Investments Leadership Development Program at Columbia Threadneedle Investments, U.S. Many have cited the past year as an inflection point for sustainableinvesting. I hope to see an increased push for carbon-neutral investments and economic structures that are available to people of all financial and social classes.
Asset managers must recognise that degrading ecosystems directly impact markets, supplychains, and long-term returns. ESG-related assets under management are projected to exceed US$50 trillion in 2025, reflecting the growing demand for sustainableinvestments.
Driven by irrefutable and irreversible economic logic that has and will continue to withstand political backsliding and resistance from entrenched incumbents, sustainable revenue and sustainableinvestment are outpacing average growth rates. Companies with sustainability data for 2019 forward included in the charts had USD $26.7
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Microsoft Partners with Pivot Energy to Develop Community Solar Projects to Help Tackle Scope 3 Emissions JERA Nex Enters U.S.
A critical review of the environmental and climate assessments of mineral supplychains , Lee examined and compared existing methodologies and examples of reporting from BHP, Freeport McMoRan, and Vale, three mining majors in the copper supplychain. In Responsible or reckless? A nuanced and diverse cohort.
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 supplychain emissions; Workiva launches carbon data management and reporting (..)
Under the omnibus, such obligations would be limited to direct suppliers and not to a companys supplychain (including direct or indirect business partners), except where there is plausible information suggesting adverse impacts have or may arise at other levels of the supplychain.
This is due to the sector's extensive supplychains and the energy-intensive nature of its products' lifecycle, from extraction through to final consumption. This standard provides a step-by-step framework to: Identify emissions hotspots within your supplychain.
For years, the relationship between sustainability and profitability in supplychain management was viewed as a zero-sum game. This data marks a critical inflection point, repositioning sustainability from a burdensome requirement to a strategic lever for financial growth, efficiency, and resilience.
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Google Signs 435 MW Solar PPA to Power U.S. Operations Rio Tinto Acquires Arcadium Lithium for $6.7 Operations Rio Tinto Acquires Arcadium Lithium for $6.7
The new fund aims to support the development of a hydrogen supplychain in Japan and globally, providing hydrogen-related companies and projects with funding, including through collaboration with public and private institutions.
This week in ESG news: Australia passes mandatory climate reporting law; Google signs carbon removal deal at landmark $100/ton price; Bain survey finds CEOs losing focus on sustainability as it becomes more important to consumers and corporate buyers; SEC fines Keurig over coffee pod recycling claims; Oracle launches sustainability data and reporting (..)
In addition to the financing, suppliers in the program will also receive technical support from sustainability consultant, Guidehouse, to embark on factory upgrades to decrease their climate impact. According to H&M’s 2022 Sustainability Report, Scope 3 makes up nearly 99% of the company’s emissions.
This week in ESG news: Microsoft signs record-breaking carbon removal deal; EY survey finds over half of CEOs say sustainability a higher priority vs one year ago; BCG sustainable aviation deal to cut 100,000 tons of emissions; ERM launches carbon credit consulting business; KKR & HASI launch $2 billion sustainable infrastructure investment partnership; (..)
Investments to date be SGE include mining-focused data solutions company MineSense Technologies , and utilities-focused climate tech data startup Arcadia. Tanya Barnes, Managing Partner and Co-Global Head of Sustainable Growth Equity at J.P. Brian Carlin, CEO of J.P.
But environmental, social, and governance (ESG) data aggregation and validation can be a daunting challenge given that most companies have not fully integrated their ESG data recording and control into their core financial, procurement, supplychain management, and human resources systems.
Million to Turn Landfill Waste into Renewable Biofuels ESG Investing Texas Pulls $8.5 Billion From BlackRock Over ESG Investing BlackRock Calls Texas Decision to Divest $8.5 This week in ESG news: Texas pulls $8.5 Renewables Developer Avantus Renovare Raising $7.5
According to General Atlantic Chairman and CEO Bill Ford, the acquisition comes amidst a “global paradigm shift toward sustainability,” which will require “an economic transformation and a capital investment on a massive scale.”
The most cited challenge reported by respondents was restructuring supplychains to meet human rights obligations, viewed as somewhat or very likely by 74% of companies. Overall, only 37% of respondents agreed that their company’s board has sustainability expertise.
In managing our real estate portfolio, related procurement and facilities services, Northern Trust’s Workplace Services function works to reduce the negative environmental impacts of our supplychain. We use energy to power our data centers and facilities, the majority of which are in North America.
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