Airbus to Test Hydrogen Powered Aircraft Engine on A380
Aerospace giant Airbus announced that it is developing a hydrogen-powered fuel cell engine, with the propulsion system being considered as a potential solution to...
ESG Data & Reporting Platform FigBytes Raises $14.5 Million
ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments....
Manulife Launches $500 Million Carbon Credit-Focused Forest Fund
Manulife Financial’s global wealth and asset management business Manulife Investment Management announced today the launch of the Manulife Forest Climate Fund, aimed at providing...
Sustainalytics Launches ESG Risk Ratings for Fixed Income and Private Equity
ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments....
Florida Pulls $2 Billion from BlackRock Due to ESG Investing
Florida will divest $2 billion of assets managed by BlackRock by the end of the year, according to a statement released Thursday by state...
Credit Suisse Unveils Climate Action Plan for Asset & Wealth Management Units
Credit Suisse announced today the publication of its Climate Action Plan for its investment businesses, outlining the strategies and actions to be taken by...
Blackstone, Rivean Acquire Rooftop Solar Company Esdec
Alternative investment manager Blackstone, and private equity investor Rivean Capital announced today that they have completed the acquisition of rooftop solar mounting company, Esdec...
EY, Thomson Reuters Launch Supply Chain Risk & Regulation Tracking ESG Tools
Professional services firm EY US and business information services provider Thomson Reuters announced today the launch of new ESGEnvironmental, social, and governance (ESG) criteria...
McKinsey, Moody’s Launch Climate Solutions Suite for Banks
Global management consulting firm McKinsey & Company’s sustainability-focused platform McKinsey Sustainability and Moody’s financial intelligence and analytical tools unit Moody’s Analytics announced today the...
EU Commission Proposes Carbon Removal Certification Rules
The European Commission on Wednesday the adoption of a proposal for a certification framework aimed at enabling the quantification, monitoring and verification of carbon...