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Six takeaways from the Biden budget proposal

Here are six takeaways from U.S. President Joe Biden’s proposed federal budget, released on Friday: Read More

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Saudi Arabia signs agreements for 7 new solar projects -SPA

LONDON — Saudi Arabia has signed Power Purchase Agreements for seven new solar power projects in various regions in the country that will power more than 600,000 households, state news agency SPA quoted Saudi Crown Prince Mohammed bin Salman as

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Norway wealth fund makes first investment in renewable energy project

OSLO — Norway’s $1.3 trillion sovereign wealth fund, the world’s largest, has made its first direct investment in a renewable energy project, a new asset class for the fund, it said on Wednesday. Read More

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BlackRock plans racial audit, in break with Wall Street peers

BlackRock Inc. is breaking ranks with its peers on Wall Street by doing a deep dive into its business to see how it may have contributed to racial inequities in the financial system. The world’s largest money manager plans to undergo an

ESGByte

ESGByte: Issue 12

While the World Bank is looking at doing more on climate change, India gives another two years to coal plants to take climate change actions. Apple has renewable storage plans, Sinopec and Legal and General work towards net zero. US invests in sustainable water and EV battery upcycling gets a shot in the arm. Volkswagen and Tesla to make a transaction..

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