Corporate Climate News

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Found 2,335 results. Page 101 of 117.


DWS rocked by $1t SEC greenwashing probe

Deutsche Bank AG’s asset-management arm, DWS Group, are under investigation by US Securities and Exchange Commission and federal prosecutors for allegedly overstating its ESG credentials across its $1t fund.


King Yuan Fu joins RE100 initiative

The first plastic container manufacturer in Taiwan joined the Climate Group’s RE100 and commits to achieve 100% renewable electricity by 2050


Europe’s banks lagging on sustainability: BlackRock study

Europe’s banks are slow to act on sustainability and have limited understanding of their exposure to environmental, social and governance risks, according to a report by asset manager BlackRock for the European Commission.


Japan ministries sign off on carbon trading plans

Japan’s Economy, Trade and Industry (METI) and Environment (MoE) ministries have signed off on separate interim plans for a carbon pricing mechanism, with the former’s proposal based around a voluntary baseline-and-crediting scheme.


PNC commits $20b to environmental finance

The PNC Financial Services Group announced today it is committing $20 billion over five years in support of environmental finance.


China vows crackdown on projects with high energy use

China will curb development of projects that use large amounts of energy and have high carbon emissions, the state planner said.


India unveils $1.3b infrastructure plan

India is set to spend 100trn rupees ($1.33b) on a national infrastructure plan to boost economic growth and help the country meet its climate goals.


Fresh Del Monte announces 2030 sustainability goals

New commitments include reducing the group’s Scope 3 Emissions by 12.3% compared to 2020 levels.


Gresham House forest fund exceeds £100m close target

The Gresham House Forest Growth & Sustainability fund saw £127m ($174m) in subscriptions during its first fundraise, including commitments from two major institutional investors, exceeding the initial target of £100m.


Wood clinches £430m UK green transition loan

The UK’s Credit Guarantee Department has issued its first ever “green transition loan of $430m ($589m) to energy engineering and services firm Wood to grow its low-carbon business over the next five years.


BlueScope on road to net zero

Australian steel making giant Bluescope has snubbed gas as a pathway to achieving net zero.


Switzerland to mandate climate reporting for companies, financials

The Swiss government announced its planned timeline for mandated climate disclosure for large public companies, banks and insurance companies.


Mode Global targets net-zero from crypto operations by 2030

Mode’s new commitment has been announced to coincide with its signing of the Crypto Climate Accord (CCA), from the non-profit of the same name.


China hopes to open ETS door to financials before year-end

China is hopeful institutional investors will be able to trade in the national emissions trading scheme by year-end.


ACC, more Foods sign Business Ambition for 1.5°C

Holcim subsidiary ACC (materials – India), Hill & Smith (construction and engineering – UK) and Nomad Foods (food and beverage – UK) have signed the Business Ambition for 1.5°C pledge.


ART expands TREES standard

The Architecture for REDD+ Transactions (ART) has released an expanded and enhanced version of The REDD+ Environmental Excellence Standard (TREES), its high-integrity standard for measuring climate progress in the forest sector.


G7 Impact Taskforce announces membership

The new Taskforce includes BlackRock, Temasek, Schroders, Mahindra Group, Morgan Stanley, S&P Global, BASF, the World Bank, the International Monetary Fund and the European Commission.


US Treasury to oppose development bank financing for fossil fuel projects

Department issued new energy financing guidance to multilateral development banks says the United States would oppose their involvement in fossil fuel projects except for some downstream natural gas facilities in poor countries.


S. Korean lawmakers push ahead with bill for net-zero

South Korea took its first step towards enshrining its goal of becoming carbon neutral into law.


EPCOR releases ESG report and sets pathway to net zero

Utility EPCOR is set to reduce greenhouse gas emissions 50% by 2025 and 85% by 2035 compared to 2020 emissions, and to reach net-zero by 2050.

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