Oil and gas major Chevron has partnered with Microsoft to construct a bioenergy with carbon capture and sequestration (BECCS) project in California. Other partners involved in the scheme, which is designed to produce ‘carbon-negative’ power in the Californian city of
The Welsh Government has set out an ambitious strategy to transition into a circular economy and become the number one recycler in the world. The ‘Beyond Recycling’ strategy aims to support a green recovery in Wales as the nation deals
With more than 90 million tonnes of textile waste produced annually, the forerunners of sustainable fashion or ‘slow fashion’ are voicing concerns and sharing solutions, asking brands and consumers to reflect on the environmental and social aspects of the fashion ecosystem…
Companies with high carbon emissions are preparing for the risk that they could have to pay more to access capital markets, if investors and banks retreat from fossil fuel-heavy businesses, and even divest altogether — as Aviva has threatened to
In this edition, Green hydrogen picks up steam in Australia; BNP Paribas to answer for accusations against it on human rights violations; IKEA’s foundation gives a leg up to sustainable investing; Natwest supports affordable housing; we finally come to know what flying on an Airbus plane costs the planet in CO2 emissions; British gas embracing electric vehicles and Philips achieves carbon neutrality…
The European Banking Authority (EBA) has published advice underlining the importance of the ‘green asset ratio’, supported by other KPIs, as a key means to understand how institutions are financing sustainable activities and meeting the Paris Agreement targets.
The fashion industry accounts for a tenth of global carbon emissions annually in addition to high natural resource consumption and environmental degradation. Its time that companies move to circular business models and we, as consumer, embrace sustainable fashion
As a first step, SEC acting Chair Allison Herren Lee is directing staff to review companies’ compliance with existing guidance. Related Stories Atria Wealth Solutions Teams With Riskalyze to Help BDs: Tech Roundup – Enclosure Meet the Ex-Wirehouse Rep
The €500 million sustainability-linked bond with a maturity of 8.5 years, issued by the H&M Group, has generated great interest and has been 7.6 times oversubscribed. The bond will be listed on the regulated market Euronext Dublin and has been
In this edition, shareholders will continue to call the shots at JP Morgan for now, ESG enthusiasm brimmeth over for H&M, beer is about to get better still, Google, not so much and McDonald’s links exec pay to diversity…
In this edition, we note a rising interest in social bonds, more money for clean energy technology and fight against climate change , big oil companies looking to reduce their carbon footprints.
In this edition, we see more corporations / asset managers reducing their exposure to fossil fuels or targeting net neutrality on GHG emissions, British MPs batting for sustainable investments, and interestingly, the French state being convicted for its slow action on climate change mitigation.
The third edition welcomes President Joe Biden to the White House and his actions on climate change. We see financial institutions like Northern Trust and Bank of France adopting sustainable finance practices and committing towards a better environment. In the transport sector, while Volkswagen disappoints with Co2 emissions, Boeing gives hopes of cleaner air travel.
In the second edition – More power to the fight against climate change courtesy PepsiCo, Starbucks and Swedbank Robur. Meanwhile, more bad news for Samsung courtesy its vice-chairman. Also, India too is increasingly rooting for ESG disclosures!
Well, this is new(s)..Welcome to the first ever edition of ESGByte. While we were busy thinking about this HSBC ran into shareholder activism, Deutsche Bank owed money for bribery charges, Boeing owed much more for fraud and Google employees found strength in numbers.
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