Indiana to Replace BlackRock in Pension Funds Due to ESG Investing Policies
The Indiana Public Retirement System (INPRS) voted to replace BlackRock as a manager in its portfolio, due to the investment giant’s alleged use of...
Toyota Leads $28 Million Investment in EV Charging Software Startup WeaveGrid
EV charging software platform provider WeaveGrid announced that it has raised $28 million in a funding round led by Toyota’s growth fund, Woven Capital,...
Hong Kong Releases Sustainability, Climate Reporting Standards
The Hong Kong Institute of Certified Public Accountants (HKICPA) announced the publication of its new sustainability- and climate-related reporting standards, providing the framework underlying Hong...
California Lawmakers Threaten Regulator over Delayed Enforcement of Climate Reporting Law
California State Senators Scott Wiener and Henry Stern, authors of recently-passed legislation requiring large companies to disclose their value chain emissions and report on...
EU Adopts New Rules Requiring 100% Recyclable Packaging by 2030
EU member states in the European Council announced today that they have adopted a series of new rules aimed at significantly reducing packaging waste in...
SAP Launches Solution Enabling Companies to Track and Report Carbon Footprint of Products and Services
Leading enterprise resource planning (ERP) software company SAP announced today the general availability of SAP Green Ledger, a new carbon accounting solution aimed at...
ESG Today: Week in Review
This week in ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to...
BCG Buys Over 50,000 Tonnes of Carbon Removals Spanning Broad Range of Technologies
Boston Consulting Group (BCG) announced that it has purchased 50,250 tonnes of certified carbon dioxide removals (CDRs) through CDR portfolio manager ClimeFi, to be delivered...
Canada Sets Goal to Reduce Greenhouse Gas Emissions by 45% – 50% by 2035
The Government of Canada announced a new climate goal, setting a target to reduce greenhouse gas (GHG) emissions by 45% to 50% by 2035,...
Invesco Launches New Climate ETF with Record-Breaking $2.4 Billion Investment
Global asset manager Invesco announced the launch of the Invesco MSCI North America Climate ETF (KLMN), a new exchange traded fund aimed at helping investors...