DOL Allows Climate and ESG Investing in Retirement Plans
The U.S. Department of Labor (DOL) announced on Tuesday the release of a final rule allowing for the consideration of climate and ESGEnvironmental, social,...
Switzerland Adopts Law Requiring Mandatory Climate Reporting for Public Companies, Banks
Large Swiss companies and financial institutions will be required to publicly disclose information on their climate-related risks, impacts and plans, according to new legislation...
SEC Charges Goldman Sachs for Not Following ESG Investment Policies
The U.S. Securities and Exchange Commission (SEC) announced today that it has charged Goldman Sachs’ asset management division for failing to implement and follow...
Climeworks, Gulf Coast Sequestration Partner to Remove & Store 1 Million Tons of CO2
Direct Air Capture (DAC) provider Climeworks, and carbon sequestration solutions provider Gulf Coast Sequestration (GCS), announced a new partnership today, signing an agreement to...
Swell Energy Raises $120 Million to Build Out Virtual Power Plant Program
Energy management and smart grid solutions provider Swell Energy announced today that it has raised $120 million, aimed at supporting the expansion of its...
EU Lawmakers Adopt Gender Balance Law for Corporate Boards
The European Parliament announced today that it has formally adopted new legislation mandating gender balance rules for corporate boards, marking the last major step...
UK Regulator to Develop Code of Conduct for ESG Data and Ratings Providers
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, announced today the formation of a...
MSCI Launches Solution for EU Banks to Meet Upcoming ESG and Climate Disclosure Requirements
Investment data and research provider MSCI announced today the launch of a new solution aimed at helping banks meet the European Banking Authority’s (EBA)...
Clean Hydrogen Startup Syzygy Raises $76 Million
Decarbonization-focused startup Syzygy Plasmonics announced that it has raised $76 million in a Series C financing round aimed at accelerating the delivery of the...
Morgan Stanley Ties Incentive Comp on New Climate Investment Platform to Emissions Reduction Goals
Morgan Stanley Investment Management (MSIM) announced today the launch of 1GT, a new growth-oriented private equity platform aimed at investing in climate solutions companies...