Decarbonization in equity benchmarks: Smoke still rising
New FTSE Russell research ‘Decarbonization in Equity Benchmarks: Smoke Still Rising’, produced in partnership with the Net Zero Asset Owner Alliance.
Nature markets’ valued at $7 trillion as taskforce calls for robust governance to avoid greenwashing
New Taskforce on Nature Markets paper presents a detailed taxonomy and economic sizing of nature markets in USD, and calls for robust governance of rapidly expanding nature markets to avoid greenwash, halt illegal markets and deliver nature positive and more equitable outcomes.
Sustainable Fitch Launches ESG Ratings Product for Investors
ESG Ratings, Data & Analysis offers granular and transparent ESG ratings and sub-scores at an entity, framework and instrument level. ESG ratings are provided on an absolute and fully cross-comparable rating scale, with qualitative commentary from ESG analysts, produced via robust processes that ensure the independence of our ratings.
Tevva unveils 19-tonne hydrogen electric truck
Electric and hydrogen truck OEM Tevva will unveil its 19-tonne(19t) hydrogen-electric truck and announce its strategy for mainland Europe at the IAA Transportation show in Hanover, Germany, from Monday 19 September.
Global Carbon Transformation: An Essential Investment Theme
As extreme weather events continue to occur with increased frequency, the necessity to transform the way we consume energy has taken on significant urgency. The approaches to decarbonizing will vary across sectors, but government policies and the investment community are driving change. The global carbon transformation is shaping up to be a multi-decade, secular phenomenon. It exists at the intersection of three powerful themes: climate commitment, energy security, and economic growth.
Disaster-Proofing by Decarbonization: Linking Physical Climate Risk to Transition Risk
September 19th marked the beginning of UN Climate Week. This year, we confront the climate crisis with greater urgency than ever before, as companies race to meet their decarbonization targets, struggle to comply with new disclosure requirements, and contend with financial losses from extreme weather events.
The Orsted Effect: Carbon Transformation Drives Re-Rating
Danish renewable energy producer Orsted is a market darling. Ranked the world’s most sustainable energy company by Corporate Knights Global 100 Index every year since 2019, in 2020 it was also ranked the most sustainable company in the world.
Mission Possible Partnership and the SBTi accelerate the decarbonization of high-emitting sectors
The Mission Possible Partnership (MPP) and the Science Based Targets initiative (SBTi) have formed a technical collaboration to enhance the compatibility of the SBTi Sector Projects and MPP Sector Transition Strategies, providing companies in high-emitting sectors with a simplified roadmap to scale climate actions and accelerate decarbonization in line with 1.5°C.
Biden-Harris Administration announces historic investment in 70 Climate-Smart Commodities
USDA to Triple Commitment with Initial $2.8 Billion Investment Piloting New Revenue Streams for America’s Climate-Smart Farmers, Ranchers and Forest Landowners, with Additional Projects to Come.
Over 500 institutional investors join forces to urge governments to step up climate policy ambition
Investor groups from around the world publicly released a statement signed by 532 institutional investors with US $39 trillion in assets under management, advocating for governments to enact ambitious policies that would leverage the private capital required to effectively address the climate crisis.
European Commission proposes intervention to reduce bills and incentivise the green transition
The Commission is proposing an emergency intervention in Europe's energy markets to tackle recent dramatic price rises.
AXA strengthens its support for forest ecosystems by launching the Forests for Good programme
AXA today announced the launch of the Forests for Good program to help restore damaged forest ecosystems and make them more resilient to climate change.
Here Comes the Cavalry
Oil Supermajors Make Big Commitments to Green Hydrogen
Compass Group issues first Sustainable Bonds to support net zero ambitions
Compass Group has successfully issued two Sustainable Bonds, raising proceeds of €500m and £250m respectively, which will be used to progress the Group’s sustainability initiatives and the delivery of its global Climate Net Zero target.
Negative SDG contribution data now available from SDI AOP platform
The Sustainable Development Investments Asset Owner Platform (SDI AOP) has been expanded to include information on companies’ products and services that are inconsistent with achieving the UN SDGs.
Does the need for energy security challenge the quest for net zero?
The need for renewable energy has never been stronger. Unprecedented volatility in the natural gas market and geopolitical shocks have sent world leaders rushing to diversify their nation’s energy mix and reduce their reliance on gas. With net-zero deadlines also inching closer, governments are keen to fill this supply gap with renewable energy. For that to happen, however, the renewables sector needs emerging technologies and markets to take a major leap forward.