EU Lawmakers Vote to Require all Member States to Cut Emissions by 2030
The European Parliament announced today that it has adopted a revised Effort Sharing Regulation, including a first-ever requirement for all EU member states to...
ING to Restrict Funding for Oil and Gas Infrastructure
ING announced today an expansion of its approach to align its oil and gas portfolio with its climate goals, with plans to introduce new...
Responsible Investing Group Urges Investors to Vote Against Credit Suisse’s Climate Strategy
Credit Suisse published its Climate Strategy today, outlining the bank’s climate-related goals and approach, and including the release of interim financed emissions reduction targets...
Microsoft Signs its First Ocean-Based Carbon Removal Agreement
Ocean health company Running Tide announced an agreement with tech giant Microsoft for ocean-based carbon dioxide removal, using technology that accelerates the ocean’s ability...
Algae-to-Biofuel Company Viridos Raises $25 Million from Bill Gates, United Airlines & Chevron After Exxon Exits
Algae biofuel company Viridos announced today that it has raised $25 million, with funding aimed at supporting R&D for the creation and commercialization of...
Johnson Controls Launches Tool for Building Owners to Assess, Track and Manage Emissions
Buildings efficiency, controls, and automation company Johnson Controls announced today the launch of OpenBlue Net Zero Advisor, a new data tool aimed at providing...
Global Sustainability Standards Board Appoints Carol Adams as New Chair
The Global Sustainability Standards Board (GSSB), the independent body that sets the Global Reporting Initiative (GRI) Standards, announced today the appointment of Carol Adams...
ECB, Regulators Working on Climate Reporting Requirements for Structured Finance Products
The European Central Bank, and Europe’s three primary financial regulatory agencies, the European Supervisory Authorities (ESAs), announced today plans to introduce new climate change-related...
Asset Managers Linking Pay to Responsible Investment Increases 12x Since 2020 to 83%: Report
The world’s largest asset managers have significantly increased the use of voting policies and engagement to target ESG-related issues in their portfolios over the...
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...