12-Jul-2021
China ETS to start in July
China will launch its national emissions trading scheme (ETS) this month, the state council said today.
12-Jul-2021
CIBC, Itaú, NAB and NatWest Group launch Project Carbon
CIBC, Itaú Unibanco, National Australia Bank and NatWest Group announced Project Carbon, a Voluntary Carbon Marketplace pilot.
12-Jul-2021
European Commission adopts Renewed Sustainable Finance Strategy, proposes European Green Bond Standard
The European Commission has adopted the second phase of its Sustainable Finance Strategy and proposed a European Green Bond Standard.
12-Jul-2021
Lidl sets 2022 carbon neutral target
Lidl is aiming to be carbon neutral by 2022 in a string of new climate pledges that will see suppliers obliged to also set targets.
12-Jul-2021
Austria to introduce carbon price from 2022
Austria will introduce a carbon price for sectors not covered by the EU carbon market from 2022, with a proposal expected to be released this autumn.
12-Jul-2021
BlackRock acquires ESG services Sphera
Blackstone private equity funds have agreed to acquire ESG software, data and services provider Sphera for approximately $1.4b.
12-Jul-2021
H&M, Ingka, Kinfisher, Walmart launch Race to Zero campaign
With help from High Level Climate Action Champions and WBCSD, retailers have pledged their support to accelerate Race to Zero commitments from their peers.
12-Jul-2021
Enel issues $4b sustainability-linked bond
Enel issued a $4 billion multi-tranche, sustainability-linked bond via Enel Finance International in a placement that over 3x oversubscribed.
12-Jul-2021
Pilgrim targets net zero by 2040
Global food company Pilgrim announced the release of its 2020 Sustainability Report, which includes new global targets over the next decade.
12-Jul-2021
TSVCM seeks carbon offset governance team
Private sector Taskforce on Scaling Voluntary Carbon Markets said it was seeking members for the governance body who will set its rules.
12-Jul-2021
Industrial Deep Carbonization Initiative launches
An initiative of the Clean Energy Ministerial has been launched to develop a global strategy for steel decarbonization by 2050.
12-Jul-2021
Singapore and EU reaffirm climate action commitment
The European Union and Singapore reaffirmed their joint commitment and “strong” partnership in global climate action ahead of COP26.
12-Jul-2021
Cadogan sets net-zero emissions target for 2030
Property developer and investor Cadogan Estates has unveiled a set of sustainability targets alongside a commitment to reach net-zero by 2030.
12-Jul-2021
China marks 25% of its territory for environmental protection
China has designated 25 per cent of its onshore territory “ecological conservation” areas, limiting development and human activities.
12-Jul-2021
CLG Europe members sign letter to European Commission
Corporate Leaders Group (CLG) members signed a letter to Ursula von der Leyen ahead of the Fit for 55 legislative package to push for climate action.
12-Jul-2021
Major insurance firms launch Net Zero Insurance Alliance
Axa, Allianz, Aviva, Generali, Munich Re, Scor, Swiss Re and Zurich Insurance Group launched a net zero initiative for the insurance sector.
12-Jul-2021
Bank of Italy presents Responsible Investments Charter
Italy’s central bank presented its Responsible Investment Charter to ensure the promotion of ESG principles in its investments.
12-Jul-2021
BlackRock’s Climate Finance Partnership raises initial $250m
BlackRock raised over $250m for its climate finance fund to invest in a selection of countries in Asia, Latin America, and Africa.
12-Jul-2021
AXA IM acquires ClimateSeed from BNP Paribas
AXA Investment Managers has acquired carbon offsets platform ClimateSeed from BNP Paribas Securities Services.
12-Jul-2021
CLG Europe members sign letter to European Commission
Corporate Leaders Group (CLG) members signed a letter to Ursula von der Leyen ahead of the Fit for 55 legislative package to push for climate action.