BorgWarner Adds Scope 3 Value Chain Emissions to Climate Goals
Automotive supplier BorgWarner announced today a new target to reduce its Scope 3 emissions by at least 25% by 2031, adding a value chain-focused goal...
McDonald’s Covers 100% of US Logistics Supply Chain Electricity Load with Renewable Energy
McDonald’s and the members of its North American Logistics Council announced that they have signed virtual power purchase agreements (VPPA) sufficient to cover 100%...
MSCI Launching Tools to Identify Companies at Risk on Biodiversity, Deforestation
Investment data and research provider MSCI announced today plans to launch a new set of tools aimed at helping investors identify and screen companies...
PCAF Adds Sovereign Debt, Emissions Removals to Financed Emissions Reporting Standard
The Partnership for Carbon Accounting Financials (PCAF) announced the release of the second version of its Global GHG Accounting and Reporting Standard for Financed...
Circular Metals Provider Continuum Raises $36 Million to Meet Demand for Sustainable Materials
Metal recycling and supply company Continuum announced today that it has raised $36 million, with proceeds aimed at helping the company meet growing demand...
ISSB to Add Biodiversity, Just Transition Disclosures to Climate Reporting Standard
Sustainability disclosure systems based on the emerging climate reporting standard under development by the International Sustainability Standards Board (ISSB) of the IFRS Foundation may...
EU Regulator Stress Test Finds Pension Funds Have Material Exposure to Climate Risk
European pension investment institutions have “material exposure” to climate risks, according to stress test results released today by the European Insurance and Occupational Pensions...
Biden Administration Allocates $3.7 Billion to Carbon Removal Projects
The US Department of Energy (DOE) announced today the launch of a series of programs aimed at driving the commercialization of technologies to remove...
Barclays Ramps Sustainable Finance Goal to $1 Trillion by 2030
UK bank Barclays announced today a new goal to facilitate $ trillion of sustainable and transition financing between 2023 by the end of 2030,...
Stellantis Addresses 50% of its North America Emissions Through Massive Renewable Energy Deal
Chrysler, Dodge, Jeep, and Citroen parent company Stellantis and Detroit-based energy provider DTE Energy announced an agreement to add 400 megawatts of new solar...