Deutsche Bank’s DWS Fined $27 Million for Greenwashing
Deutsche Bank’s investment arm DWS has been fined €25 million ($USD27 million) over charges that it misled investors over its sustainable investing credentials, according...
WeeFin Raises $27 Million to Expand ESG Data Management Platform for Financial Institutions
Sustainability-focused fintech startup WeeFin announced that it has raised €25 million (USD$27 million) in a Series B funding round, with proceeds aimed at expanding...
XGS Energy Raises $13 Million to Deploy Geothermal Energy Projects
Clean energy company XGS Energy announced that it has raised $13 million in a new financing round, with proceeds aimed at expanding its geothermal...
L’Oreal Reaches 100% Renewable Energy in Europe
Beauty company L’Oréal announced that it has reached 100% renewable energy for its European operations – including factories, distribution centers and offices – as...
Intertek Launches New Solutions Enabling Compliance with EU’s New Deforestation Regulation
Quality assurance and certification provider Intertek announced the launch of a new suite of tools aimed at helping companies to comply with the supply...
Guest Post – Navigating Climate Risk: Internal Audit’s Role in Assurance and Strategic Insights
By: Jim Pelletier, Lead Product Manager at Wolters Kluwer TeamMate Organizations are facing an escalating challenge in the form of climate risk and the...
EU Commission Asks EFRAG to Fast-track Development of Simplified CSRD Sustainability Reporting Standards
The European Commission has tasked the European Financial Reporting Advisory Group (EFRAG) with supporting its plan to significantly simplify the reporting requirements under the...
L&G Launches $235 Million Emerging Markets Nature Conservation and Sustainable Development Strategy
UK financial services group Legal and General (L&G) announced the launch of its new Nature and SocialSocial criteria examine how it manages relationships with...
Meta Signs Ten-Year Forestry Management Carbon Removal Deal
Forest investment and management firm EFM announced today a new long-term agreement with Facebook, Instagram, and WhatsApp owner Meta for the delivery of 676,000...
Australia Regulator Releases New Guide for Companies Beginning Mandatory Sustainability Reporting
Corporate, markets, and financial services regulator the Australian Securities & Investments Commission (ASIC) announced the release of “Regulatory Guide 280 (RG 280),” its new...