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UK-based commercial property investment manager Orchard Street Investment Management announced the appointment of Kathryn Barber as Head of Responsibility and ESG. In her new role, Barber will focus on building Orchard Street’s credentials as a responsible investor, and the integration of ESG across client portfolios. In addition, Barber will support the delivery of social and […]
In an unprecedented move, late on Thursday, the SEC decided to stay their own rule while the litigation is settled to “avoid any regulatory uncertainty.” Meanwhile, Liberty Energy, a Denver-based fracking company, was the first company to sue the SEC and has emerged as the most outspoken opponent of the climate rule. CEO Chris Wright has litigated other environmental rules […]
Professional services firm EY announced today the launch of a new Sustainable Finance Innovation Hub, aimed at supporting financial institutions globally in meeting their ESG regulatory and reporting requirements. Based in Dublin, the new hub will add 40 specialists over the next few months, spanning the environmental, social and governance pillars of ESG, more than […]
A new report by Boston University’s Global Development Policy Center and the African Economic Research Consortium sheds light on China’s potential to be a transformative force in Africa’s shift towards clean energy. The report acknowledges China’s established role as Africa’s biggest trading partner, with substantial investments in large-scale infrastructure projects. However, it reveals a critical […]
Solar energy and energy storage producer MN8 Energy announced today that it has raised $325 million through a private placement of convertible preferred stock, with proceeds from the financing to be used to fund the company’s growth and expansion of operations. Launched in 2017 as Goldman Sachs Renewable Power LLC, New York-based MN8 was rebranded […]
Households across all continents wasted over 1 billion meals a day in 2022, while 783 million people were affected by hunger and a third of humanity faced food insecurity. Food waste continues to hurt the global economy and fuel climate change, nature loss, and pollution. These are the key findings of a UN Environment Programme […]
Mississippi Secretary of State Michael Watson announced on Wednesday the launch of a cease and desist order against BlackRock, aimed at stopping alleged “fraudulent action” by the investment giant and aiming to impose a multimillion-dollar administrative penalty, over the company’s ESG investment policies. The order, filed by the Securities Division of the Secretary of State’s […]
President Bola Ahmed Tinubu has affirmed Nigeria’s commitment to diligently implement world-leading sustainability reporting standards aimed at unlocking capital investments, transforming business models, and safeguarding the environment in the country. The President gave the assurance on Thursday, March 21, 2024, at the State House, Abuja, during a meeting with the Chairman of International Sustainability Standards […]
This week in ESG news: Texas pulls $8.5 billion from BlackRock over ESG; US appeals court pauses SEC’s climate disclosure rule; EU’s human rights and environmental due diligence law passes major hurdle; Deutsche Bank ties bonuses for top execs to loan book decarbonizations goals; Oracle launches sustainability data and reporting solution; Dutch court finds KLM’s […]
Billups, a global Out-of-Home (OOH) managed services agency helping advertisers and agencies strengthen media performance through a patented analytics and measurement platform, has chosen Cedara, the Carbon Intelligence Platform for marketers, to develop an OOH sustainability solution for Billups’ global network of brands and agencies. As the first OOH agency to leverage Cedara’s carbon measurement platform, […]