Refiner Phillips 66 Pledges to Cut Emissions, Increase Renewable Fuels Production
Energy company Phillips 66 announced today a series of new 2030 carbon reduction targets, targeting its own operations as well as emissions arising from...
GM Accelerates 100% Renewable Energy Goal by 5 Years, Launches Real-Time Carbon Tracking Initiative
Automotive giant GM announced today that it plans to achieve its goal to source 100% renewable energy to power its U.S. sites by 2025,...
Carbon Measurement Platform Persefoni Names Rakhi Kumar to Advisory Board
Carbon footprint management and reporting platform provider Persefoni announced today the appointment of Rakhi Kumar to its Sustainability Advisory Board (SAB). As a member of...
New South Wales Targets Private Sector Investment with Pledge to Cut Emissions by Half by 2030
New South Wales (NSW), Australia’s most-populous state, announced a new commitment to slash its emissions footprint in half by 2030, on a 2005 basis,...
Mirova Launches Environment Solutions-Focused Impact Private Equity Fund
Sustainability-focused investment manager Mirova announced the launch of the Mirova Environment Acceleration Capital fund, a new pan-European private equity fund aiming to invest in...
Ford Ties Debt Cost to ESG Goals Under $15.5 Billion Sustainability-Linked Credit Lines
Automotive giant Ford announced that it has included sustainability-linked features in its newly extended $15.5 billion credit lines, tying the cost of the facilities...
BlackRock, Moody’s, S&P Among New Members of Nature Risk Disclosure Initiative TNFD
The recently launched Taskforce on Nature-related Financial Disclosures (TNFD) released today the list of 30 senior executives that have been selected as members of...
Philip Morris Signs $2.5 Billion “Transformation-Linked” Facility, Tying Debt Costs to Smoke-Free Goals
Tobacco company Philip Morris International (PMI) announced today that its inaugural agreement under its new Business Transformation-Linked Financing Framework, signing a $2.5 billion credit...
Ericsson Announces $2 Billion Credit Facility with Interest Tied to Suppliers’ Climate Targets
Information and communication technology company Ericsson announced today that it has signed a $2 billion sustainability-linked credit facility, tying its cost of debt to...
UBS to Invest $1.5 Billion in Robeco Fund Aiming to Engage Companies to Improve SDG Performance
International asset manager Robeco and UBS Global Wealth Management announced today the launch of RobecoSAM Global SDG Engagement Equities, a new fund aiming to...