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...
EU Bank Regulator Outlines Plans to Address ESG Risks, Disclosure, Greenwashing
EU banking supervisor The European Banking Authority (EBA) announced the publication of its new “Roadmap on Sustainable Finance,” detailing its 3-year priorities and plans...
HSBC Ends Financing for New Oil and Gas Projects
Global banking and financial services company HSBC will no longer provide financing for new oil and gas projects or for new metallurgical coal mines,...