EU Commission Proposes Regulation of ESG Ratings Providers
The European Commission released a series of measures on Tuesday aimed at bolstering its sustainable finance framework, including a new proposal to regulate ESGEnvironmental,...
Brookfield Acquires Duke Energy’s Commercial Renewables Business for $2.8 Billion
Clean energy investment and management platform Brookfield Renewable announced on Tuesday the acquisition of Duke Energy Renewables, the unregulated utility scale Commercial Renewables business...
Macquarie Invests $250 Million in Sustainability-Focused Investor Galway
Macquarie Asset Management’s Green Investment Group (GIG) announced a $250 million investment in sustainability-focused specialty finance company Galway Sustainable Capital. Founded in 2020 with...
JPMorgan Launches Solution Enabling Investors to Access, Integrate ESG Data from Multiple Providers
J.P. Morgan Securities Services announced today the launch of Sustainable Investment Data Solutions, a new platform targeted at institutional investors, aimed at enabling them...
Mercedes-Benz Sets Goal to Use 200,000 Tonnes of Low Carbon Steel per Year
Automotive manufacturer Mercedes-Benz announced today a new goal to source over 200,000 tonnes of CO2-reduced steel from European suppliers annually by 2030, forming part...
BlackRock Launches “Brown to Green” Transition-Themed Materials Fund
Investment giant BlackRock announced the launch of the BlackRock Global Funds [BGF] Brown to Green Materials Fund, a new fund aimed at targeting materials...
Novata Launches Benchmarks to Enable Private Markets Investors to Compare ESG Performance
Private markets ESG-focused technology platform Novata announced today the launch of a new collection of ESGEnvironmental, social, and governance (ESG) criteria are a set...
Iberdrola, EIB Sign €1 Billion Financing Deal to Build Renewable Energy to Power 1 Million Homes
Global energy and electricity provider Iberdrola announced today that it has signed a €1 billion financing agreement with European Investment Bank (EIB), with proceeds...
World’s Largest Steelmaker, Iron Ore Producer Partner to Decarbonize Steel Value Chain
Rio Tinto and China Baowu, the world’s largest iron ore producer and steelmaker, respectively, announced today the launch of a partnership aimed at decarbonizing...
Climate Action 100+ Shifts Focus to Implementation of Climate Transition Plans for Major Emitters
Climate-focused investor engagement network Climate Action 100+ (CA100+) announced the launch of its “Phase Two,” shifting the focus of its actions towards the implementation...