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ING has published its annual Climate Report. This report explains how their financing impacts climate change, as well as how climate change impacts their business. It includes their progress on steering the nine most carbon-intensive sectors in ING’s loan portfolio towards global climate goals – ING’s Terra approach – how they engage with clients to […]
This week in ESG news: EY, Microsoft launch green skills training program; KPMG survey finds three quarters of companies not ready for upcoming ESG assurance requirements; BlackRock’s new climate transition-focused private debt fund; Austrian Airlines found guilty in greenwashing case; asset owners continuing to increase allocations to ESG investments according to new study; new EU […]
Lawmakers in the European Parliament and Council announced that they have reached a provisional agreement on new legislation that will result in a massive reduction in greenhouse gas (GHG) emissions from fluorinated gases (F-gases) and ozone-depleting substances (ODS). According to a statement by the European Commission welcoming the agreement, the proposed legislation would prevent nearly […]
Energy giants Occidental and Abu Dhabi-based ADNOC announced a new agreement to launch an engineering study aimed at assessing the feasibility of building a new 1 million tonne-per-year Direct Air Capture (DAC) facility in the UAE. The facility would be one of the largest DAC projects in the world, as well as the first megaton-scale […]
Global professional services firm EY and tech giant Microsoft announced today the launch of Green Skills Passport, a new free online education program aimed at equipping young people with skills to gain sustainability skills to find green jobs and pursue green economy opportunities. The new program forms part of a collaboration announced between EY and […]
The Kroger Co. released its annual Environmental, Social and Governance report sharing progress on Kroger’s ESG Strategy, Thriving Together. “The Kroger team firmly believes in the power of our business to serve America and expand access to affordable, fresh and healthy food,” said Rodney McMullen, Kroger’s chairman and CEO. “As we reflect on the last year, I am pleased […]
Nature Action 100, an investor engagement initiative with 190 institutional investors representing nearly $24 trillion in assets announced its list of 100 companies to be targeted in a campaign aimed at driving corporate action to address nature loss and biodiversity decline. Companies targeted by the campaign include Amazon, McDonald’s, Nestlé, Walmart and Glencore. According to […]
The electricity company has been recognised by the League of American Communications Professionals (LACP), which also ranks it as the first company in Europe. Ignacio Galán’s letter, which accompanies the Integrated Annual Report and ESG Information 2022, has been awarded the distinction of “Best Letter to Shareholders Worldwide”. Iberdrola has won the best utility in […]
This week in ESG news: EU lawmakers agree to ban generic green product claims like “climate neutral”; KPMG survey finds only a quarter of businesses feel very confident in meeting ESG reporting requirements; California governor commits to sign climate disclosure rules into law; TNFD releases framework to report on nature-related issues, biodiversity; HSBC commits $1 […]
The Coca‑Cola system is taking action to advance the Sustainable Development Goals (SDGs), a set of 17 global goals adopted by the United Nations in 2015 to create a better future for all. The system is focused on areas where it can make a significant, measurable impact on communities and nature, including water stewardship, circular […]