Fed Outlines Climate Risk Exercise for Big Banks
The U.S. Federal Reserve Board announced released details and instructions for its inaugural climate scenario analysis exercise for the six largest U.S. banks, designed...
Climate Tech Startup Sublime Raises $40 Million for Solution to Decarbonize Cement
Decarbonized cement-focused technology developer Sublime Systems announced today that it has raised $40 million, with proceeds aimed at supporting the company’s growth and scale...
Pfizer to Offer Full Portfolio of Medicines to 1.2 Billion People in Lower-Income Countries on Not-for-profit Basis
Pharmaceutical giant Pfizer announced today a major expansion of its initiative to provide medicines and vaccines on a not-for-profit basis in lower-income countries, to...
Fidelity Commits $250 Million to Support Access to Education for Underserved Students
Investment management firm Fidelity announced today the launch of a new socialSocial criteria examine how it manages relationships with employees, suppliers, customers, and the...
S&P, UNEP Launch Methodology to Measure Companies’ Nature & Biodiversity Risk
S&P Global Sustainable1 and the UN Environment Programme (UNEP) announced today the launch of Nature Risk Profile, a new methodology aimed at enabling companies...
WEF Launches Initiative to Channel $3 Trillion per Year to Tackle Climate Change & Nature Loss
The World Economic Forum announced today the launch of Giving to Amplify Earth Action (GAEA), a new program aimed at unlocking $3 trillion per...
Guest Post: Europe’s Corporate Disclosure Landscape Has Taken a Big Leap Forward – How Business Leaders Can Keep Their Footing
By: Peter Walsh, Director, ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use...
AXA Launches Decarbonization Training to Upskill Professional Services Firms
Insurance group AXA’s sustainable transition-focused unit AXA Climate announced today the launch of Net Zero School, a new decarbonization-focused training course targeting professional service...
Verizon Surpasses 3GW Projected Renewable Energy Capacity with New Large-Scale Purchase Deals
Telecom giant Verizon announced a series of new long-term renewable energy purchase agreements (REPAs), adding 410 megawatts (MW) of renewable energy from new facilities...
Honda, LG Launch $4 Billion JV to Build EV Batteries in U.S.
Honda and LG Energy Solution (LGES) announced today the formal establishment of a joint venture to mass produce lithium-ion batteries for electric vehicles (EV)...