Munich Re Ends Investment and Insurance Coverage for New Oil & Gas Projects
Munich Re, one of Europe’s largest insurance companies, and the world’s biggest reinsurer, announced today that it will no longer provide insurance coverage or...
Maersk Orders Six Green Fuel-Powered Large Ships
Integrated container logistics company A.P. Moller – Maersk announced today an order for six large ocean-going container vessels capable of being operated on carbon-neutral...
Amazon Orders Heavy Duty Electric Trucks from Volvo to Support Fleet Decarbonization
Amazon announced today an agreement with that Volvo Trucks for 20 heavy-duty electric trucks, to be delivered to Amazon in Germany by year end....
DHL Launches Decarbonization Service for Road Transport
Logistics and shipping giant Deutsche Post DHL Group announced today that it is expanding its supply chain emission reduction service, GoGreen Plus, to road...
Macquarie Invests in Carbon Offset Consultancy EP Carbon
Macquarie Group’s Commodities and Global Markets division announced today an investment in carbon offset project-focused consultancy Ecological Carbon Offset Partners (EP Carbon), in a...
Louisiana Divesting $794 Million from BlackRock to “Protect” Funds from ESG Investing
Louisiana will liquidate its investments with BlackRock, totaling $794 million, in order to “protect” the state’s Treasury funds “from ESGEnvironmental, social, and governance (ESG)...
Corporate Climate Reporting Lacking Transparency on Financial Impact: EY
Global professional services firm EY announced the publication of its annual Global Climate Risk Barometer report, analyzing the state of corporate climate disclosures. The...
Brookfield to Invest up to $1 Billion in LanzaTech to Build Plants that Turn Captured Carbon into Fuels & Products
Carbon capture and transformation (CCT) company LanzaTech announced today a funding partnership with clean energy investor Brookfield Renewable, aimed at financing the development of...
Nestlé Commits Over $1 Billion to Sustainable Coffee Farming Plan
Global food and beverage company Nestlé announced today the launch of the Nescafé Plan 2030, outlining the company’s ubiquitous coffee brand’s plan to improve...
U.S. Financial Stability Oversight Council Launches Climate Risk Advisory Committee
The U.S. Financial Stability Oversight Council (FSOC) announced today the launch of the Climate-related Financial Risk Advisory Committee (CFRAC), aimed at helping the council...