Advertising Watchdog says Lufthansa Ad Made Misleading Environmental Claims
An ad campaign last year by Lufthansa “gave a misleading impression of the advertiser’s environmentalEnvironmental criteria consider how a company performs as a steward...
Pandora Ties Debt Costs to Climate, Circularity Goals for $500 Million Bond Program
Jewelry designer and retailer Pandora announced the launch of a new program for issuances of senior unsecured notes, with terms on the new debt...
Government of Canada to Require Suppliers to Disclose Emissions, Set GHG Reduction Targets
Large suppliers to the Government of Canada will be compelled to disclose their greenhouse gas (GHG) emissions and set targets to reduce them, starting...
EU Lawmakers Strike Deal to Establish European Green Bond Standards
Lawmakers in the European Parliament and the European Council announced today an agreement on the creation of standards for proposed European Green Bonds (EuGB),...
Republican Resolution to Stop Biden ESG Investing Rule Passes in U.S. House
White House says Biden will veto legislation if passed The U.S. House of Representatives approved legislation on Tuesday aimed at blocking a new Department...
Ares to Invest Up to $250 Million in “Electric Trucks-as-a-Service” Provider Current Trucking
Fleet electrification solutions company Current Trucking announced that a fund managed by Ares Management’s Infrastructure Opportunities strategy has acquired a controlling interest in the...
BMW Launches Pilot Hydrogen Fuel Cell-Powered Car Fleet
BMW Group announced the launch of the BMW iX5 Hydrogen pilot vehicles, a fleet of demonstration cars powered by hydrogen fuel cells. The fleet...
Private Markets ESG Data Platform Novata Raises $30 Million
Private markets ESG-focused technology platform Novata announced today that it has raised $30 million in a series B funding round, less than a year...
UK to Take “More Permissive Approach” to Competition Law for Agreements that Combat Climate Change
The UK’s Competition and Markets Authority (CMA) plans to adopt a “more permissive approach” to the application of competition rules to agreements between competitors,...
Guest Post: Balancing the Bottom Line with the Green Line
By: Sammy Lakshmanan, Partner, PwC and Yvette Schmitter, Partner, PwC Companies have important roles to play in not only enabling a people-led, tech-powered society...