BlackRock Sued by Tennessee for “Deceiving Consumers” about ESG Investing
Tennessee Attorney General Jonathan Skrmetti announced the launch of a new lawsuit against investment giant BlackRock, alleging that the misrepresented the extent to which...
UK to Launch a Carbon Tax on Imports by 2027
The UK government announced that it will introduce a carbon border adjustment mechanism (CBAM) by 2027, establishing a carbon tax on imported goods targeted...
EU Markets Regulator Updates Proposed Rules for Fund Names Using “ESG” or “Sustainability” Terms
EU markets regulator the European Securities and Markets Authority (ESMA) announced the release of an update of its proposed guidance for the use of...
Guest Post – The Road to Decarbonization: How Blockchain Technology Can Accelerate Your Carbon Agenda
By: Clare Adelgren, EY Global Head of Blockchain Sales and Operations As companies globally accelerate their decarbonization journeys, scope 3 emissions—which include all indirect...
KKR Highlights Brown-to-Green Transition as a Key “Mega-theme” in 2024 Outlook
Global alternative asset and private equity investor KKR announced the release of its 2024 Global Macro Outlook, identifying decarbonization, and the large scale “brown-to-green”...
Apax Raises $900 Million for Global Impact Fund
Private equity investor Apax announced the final close of the Apax Global Impact Fund (AGI), with commitments of approximately $900 million for investments in...
U.S. Grants $890 Million for Carbon Capture Projects at Coal and Gas Power Plants
The U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) announced that it will award up to $890 million to projects at...
ESG Today: Week in Review
This week in ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to...
Crédit Agricole Ends Financing for New Oil and Gas Projects
Paris-based international banking and investment group Crédit Agricole announced today that it will no longer finance new fossil fuel extraction projects, and will end...
Microsoft Signs One of Largest To-date Biochar Carbon Removal Deals
Carbon removal solutions provider Carbonfuture announced today a new offtake agreement with Microsoft for biochar carbon removal (BCR) credits, in collaboration with the Bolivia-based...