Bacardi to Cut Emissions from Rum in Half in 2023
Global wine and spirits company Bacardi announced today that its BACARDI rum brand will reduce its greenhouse gas (GHG) emissions by 50% from 2023....
Salesforce Ties Executive Pay to ESG Performance
CRM solutions provider Salesforce announced today that it will begin including ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a...
Citi to Use S&P Global Oliver Wyman Solution for Climate Stress Testing, ESG Reporting
Citi, financial and industry data provider S&P Global Market Intelligence and management consulting firm Oliver Wyman announced today that Citi has selected the S&P...
TotalEnergies Expands US Renewables Footprint, Acquires SunPower’s B2B Solar Business for $250M
Energy company TotalEnergies announced today the acquisition of solar and storage company SunPower’s B2B distributed power-focused Commercial & Industrial Solutions (CIS) business for $250...
Context Labs Raises $28 Million, Launching Blockchain-Based Decarbonization Measurement Platform
Enterprise data technology company Context Labs announced today the closing of a $28 million financing round aimed at funding the launch of a blockchain-based...
Duke Energy Plans Coal Exit, Adds Scope 3 Emissions to Net Zero Goals
Electricity provider Duke Energy, one of the largest energy holding companies in the US announced today a new target to fully exit coal by...
Nuveen Raises Over $200 Million for its First Private Equity Impact Fund
Nuveen, the $1.3 trillion AUM investment manager of TIAA, announced today the final close of its first private equity impact fund, Nuveen Global Impact...
Bank of England Launches Second Round of Climate Stress Tests for Banks, Insurers
The Bank of England (BoE) announced today the launch of the second round of the Biennial Exploratory Scenario (BES) exercise, its stress test aimed...
Investor-backed Initiative TPI Launches Sector-Specific Framework to Assess Companies’ Climate Goals & Progress
The Transition Pathway Initiative (TPI) announced today the publication of the TPI Sectoral Decarbonisation Pathways, its detailed framework for guiding investors in order to...
Jupiter Asset Management Hires Sandra Carlisle as Head of Sustainability
UK-based active asset manager Jupiter Asset Management announced today the appointment of Sandra Carlisle to the newly created position of Head of Sustainability. In...