Germany Enshrines 80% Renewable Electricity Target into Law
Marking the country’s largest energy policy amendments in decades, Germany’s Federal Council has passed a series of amendments approving a major increase in renewable...
OMERS Acquires UK Utility & Infrastructure Service Provider Network Plus, Citing Decarbonization Tailwinds
OMERS Private Equity, the private equity investment manager of one of Canada’s largest defined benefit pension plans, announced today the acquisition of Network Plus,...
BlackRock Hires Christopher Kaminker as Deputy Head of Sustainable Investing
Investment giant BlackRock has made a series of appointments to its BlackRock Sustainable Investing (BSI) team, according to an internal memo seen by ESGEnvironmental,...
bp, thyssenkrupp Launch Hydrogen-Focused Steel Decarbonization Collaboration
Energy giant bp and steel manufacturer thyssenkrupp Steel announced today a new partnership, aimed at supporting the decarbonization of steel, with a focus on...
Bloomberg Survey: Financial Firms Lack Progress, Consensus on Objectives of Climate Risk Assessment
A significant majority of financial firms have initiated processes to integrate climate risk into their broader risk management frameworks, according to a new survey...
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...
TCS Launches ESG Integration Tool for Investors
IT services, consulting, and business solutions provider Tata Consultancy Services (TCS) announced the launch of its ESGEnvironmental, social, and governance (ESG) criteria are a...
ECB Calls for Urgent Action by Banks to Measure and Manage Climate Risk Following Stress Test
The European Central Bank (ECB) announced today the results of its climate stress test, indicating that banks urgently need to accelerate the incorporation of...
Dollarama Integrates ESG Goals into $1 Billion Credit Facilities
Canadian value retailer Dollarama announced today it has converted its C$1.05 billion credit facilities to a sustainability-linked loan, with terms tied to the company’s...
S&P DJI, BOCHK, Launch Climate Transition Index Covering Hong Kong Bay Area Companies
Index provider S&P Dow Jones Indices (S&P DJI) and Bank of China Hong Kong (BOCHK) announced today the launch of the first climate transition index...