OMERS Commits to Cut Portfolio Carbon Intensity 20% by 2025
OMERS, one of Canada’s largest defined benefit pension plans with $109 billion in assets announced a new commitment, aiming to reduce the carbon intensity...
Amundi Launches Just Transition-Focused Climate Fund
Leading European asset manager Amundi announced today the launch of the Just Transition for Climate strategy, an actively managed European fixed income fund with...
Honeywell Targets Carbon Neutrality by 2035
Industrial products, solutions and technologies company Honeywell announced today a new commitment to achieve carbon neutrality in its operations and facilities by 2035. The...
BlackRock Links Borrowing Costs to Diversity and Sustainable Investing Targets
BlackRock, the world’s largest asset manager, has amended a $4.4 billion credit facility, linking its performance on key sustainability metrics to the interest the...
Bank of America Sets $1.5 Trillion Sustainable Finance Goal
Bank of America (BofA) announced today a major increase in its sustainable finance targets, aiming to achieve $1.5 trillion in sustainable finance mobilization and...
Climate Organizations Launch Platform to Speed Transition to Zero Emission Vehicles
Sustainability-focused organizations The Climate Group and the UN High Level Climate Champions announced today the launch of RouteZero, a global platform calling for ambitious...
BlackRock Raises $4.8 Billion for Renewable Power Fund
BlackRock Real Assets announced today the final close of Global Renewable Power Fund III (GRP III), achieving $4.8 billion of commitments. According to BlackRock,...
Volvo, SSAB Partner on Development of Vehicles Made of Fossil-Free Steel
Volvo Group and global steel company SSAB announced today a collaboration aimed at producing vehicles built with fossil-free steel. While several vehicle manufacturers are...
Anglo American Advances Thermal Coal Exit With Spin Off of South African Operations
Global mining company Anglo American announced today plans to spin off its thermal coal operations in South Africa, marking a step towards the company’s...
Target Commits to Spend $2 Billion with Black Owned Businesses
Retail giant Target announced a new supplier diversity commitment, pledging to spend more than $2 billion with Black-owned businesses by the end of 2025....