50% of CEOs Have Pay Tied to ESG Goals, up from 15% One Year Ago: IBM Survey
The practice of linking incentive pay for senior executives to performance on ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for...
Standard Chartered Appoints Dana Barsky as Global Head of Sustainability Strategy and Net Zero
Standard Chartered announced today the appointment of former Credit Suisse Global Head of Sustainable Finance Dana Barsky as Global Head of Sustainability Strategy and...
Howden Appoints Rowan Douglas CEO of Climate Risk and Resilience Unit
Global insurance group Howden announced today the appointment of Rowan Douglas as CEO of its Climate Risk and Resilience division. Howden launched the Climate...
Circular Economy Startup DePoly Raises $14 Million
Chemical recycling startup DePoly announced today that it has raised CHF12.3 million (USD$13.8 million) in a seed funding round to help scale the company’s...
Deutsche Post Ties Debt Cost to Emissions Goals for €500 Million Bond Offering
Logistics giant DHL Group’s mail and parcel delivery business Deutsche Post, announced the completion of its inaugural sustainability-linked bond offering, raising €500 million, with...
EU Law to Restore Nature and Biodiversity Threatened by Deadlock in Parliament
A proposed EU law aimed at restoring and protecting natural habitats and ecosystems hit a major stumbling block on Tuesday, with the European Parliament’s...
Scania Announces its First Order for Green Steel
Sweden-based truck and bus manufacturer Scania announced today a new agreement with Swedish startup H2 Green Steel to supply low-carbon steel for use building...
Australia to Introduce Mandatory Climate-Related Reporting for Companies Starting 2024
The government of Australia is planning to implement mandatory climate-related financial disclosure requirements for companies and financial institutions, according to a new consultation paper...
ResponsAbility Raises $106 Million for Climate-Focused Food and Agriculture Strategy
Impact asset manager ResponsAbility announced that it has raised $106 million for its climate-smart food systems investment solution, aimed at supporting the transformation of...
Maersk Orders New Green Methanol-Powered Ships
Integrated container logistics company A.P. Moller – Maersk announced today a new order for six mid-sized container vessels capable of operating on green methanol,...