ESG Today

SEPTEMBER 7, 2023

The accelerated transition scenario assumes a significant increase in energy costs in the near term, and substantially greater initial green investments, rising to €2 trillion by 2025, compared to only €0.5 trillion in the other.

Banking

3BL Media

JUNE 23, 2022

DESCRIPTION: MetLife’s annual Sustainability Report , released today, showcases how the company continues to integrate sustainability across its operations, including through its 2030 climate and 2030 diversity, equity and inclusion (DEI) commitments. billion by 2030. based insurer to achieve that status in 2016.

Net Zero

3BL Media

JULY 27, 2022

Reset Connect is the UK’s largest sustainability ecosystem and green investment event which aims to help businesses understand how to strive to meet net zero targets and improve ESG results, as well as unearth any potential green investment opportunities.

Net Zero

Corporate Knights

FEBRUARY 8, 2022

When I led Canada’s Social Investment Organization (SIO) in the early 2000s, one of our most important debates concerned the question of whether the organization should develop an industry-wide label for socially responsible investment, as sustainable investing was called back then.

Sustainable Investment

Corporate Knights

NOVEMBER 24, 2022

. • Increase electric vehicle market shares to 100% of light vehicles and 75% of trucks, with 10 million EVs on the road by 2030 and a fully built-out trans-Canada fast-charging infrastructure, supplemented by 2,000 kilometres of new bicycle rights-of-way and infrastructure support. Ralph Torrie is the research director at Corporate Knights.

Climate Change

Renewable Energy World

FEBRUARY 2, 2022

With the EU aiming to reach climate neutrality by 2050 and to cut greenhouse gas emissions by at least 55% by 2030, the bloc says the so-called taxonomy classification system is crucial to direct investments into sustainable energy. Energy use accounts for about three-quarters of the greenhouse gas emissions produced in the EU.

Green Investing

Corporate Knights

JANUARY 12, 2023

And won’t it make essential green investments more difficult? The Bank of Canada believes that it needs to cool demand , enabling supply to catch up, and its way of doing this is to increase interest rates, even if it causes a recession, increases unemployment and makes those essential green investments harder.

Banking

Chris Hall

SEPTEMBER 29, 2023

In the race to net zero, Victoria Judd, Counsel at Pillsbury Winthrop Shaw Pittman, explains how the US is lapping the UK and EU in stimulating its green economy. trillion of annual global investments may be required to achieve the emissions reduction aims for 2030, with possibly 70% coming from the private sector.

Green Investing

ESG Today

SEPTEMBER 16, 2024

The new fund is launching with $400 million in commitments at its first close, with initial investors including Toyota Motor Corporation, Iwatani Corporation, Sumitomo Mitsui Banking Corporation, MUFG Bank, Tokyo Century Corporation, Japan Green Investment Corp. for Carbon Neutrality, and the Bank of Fukuoka.

Development

Corporate Knights

MARCH 7, 2023

The European Union, China, the United Kingdom and about 20 other countries are developing such taxonomies as a way of discouraging greenwashing and channelling investment to the climate transition. The EU’s taxonomy has been particularly controversial because of its inclusion of natural gas and nuclear as “green investments.”

Carbon Offsets

Corporate Knights

OCTOBER 7, 2024

Cryptocurrencies have been condemned over their environmental record at a time when traditional investments have been rapidly moving towards greener environmental, social and governance (ESG) values. So how long will it be until crypto earns its green credentials? RELATED: Ethereum goes green overnight.

Decarbonize

Corporate Knights

NOVEMBER 20, 2023

Shell took third place, with 19%, but quintupled its green investments (in wind, solar, hydrogen and EV charging) over 2021. Suncor invested 10.4% of its capital on green projects in 2022. But 2023 has been the year of oil industry backpedalling on renewables and doubling down on fossil fuels.

Paris Agreement

Corporate Knights

APRIL 9, 2024

By properly tallying up climate investments, starting with the federal government and large corporations, Climate Dollars aims to establish an accurate baseline of where we are at now versus what is required to ensure that Canada meets its 2030 emission-reduction commitments.

Clean Technology

Corporate Knights

AUGUST 10, 2022

As extreme weather events become stronger and more frequent, the Insurance Institute predicts that average annual severe weather claims paid by insurers in Canada will more than double between 2020 and 2030, increasing from $2.1 The transition to a low-carbon future, while necessary, introduces considerable investment risk.

Climate Change

ESG Today

NOVEMBER 16, 2023

by 2030, in cooperation with strategic offtake partners. The investment was led by Macquarie’s specialist Green Investments team (MAM Green Investments), and was made through the Macquarie GIG Energy Transition Solutions (MGETS) Fund. SkyNRG is looking to build dedicated SAF facilities in Europe and the U.S.

Net Zero

ESG Today

FEBRUARY 28, 2023

Macquarie Asset Management’s Green Investment Group (GIG) announced today the launch of VORN Bioenergy, an investment platform for the development, construction and operation of biomethane projects, established as the EU aims to significantly ramp investment in the space over the next few years.

Green Investing

ESG Today

FEBRUARY 15, 2024

Japan has committed to reach net zero emissions by 2050, with an interim 2030 goal to reduce greenhouse gas emissions by 46% by 2030. In 2021, the government unveiled plans to roughly double the share of renewable energy to 36%-38% of the energy mix by 2030, from less than 20%.

Decarbonize

Corporate Knights

MARCH 1, 2023

Environmental groups complain that the group is rife with conflicts of interest in setting green investment standards for themselves, given their considerable reliance on oil and gas business. The Canadian sustainable finance council comprises 25 institutions, including banks, pension funds, insurance companies and credit unions.

Net Zero

ESG Today

SEPTEMBER 11, 2023

BMW Group announced today that it will invest more than £600 million (USD$750 million) to transform its UK-based MINI Plant Oxford, transforming the site for all-electric production from 2030. The facility is gearing up to build two new all-electric MINI models from 2026, with 2030 volume planned to be entirely electric.

Green Investing

ESG Today

JANUARY 2, 2024

The transaction comes as Greece is positioned to significantly increase investment in clean energy over the next few years, with the country’s recently released National Energy and Climate Plan targeting renewable energy capacity of more than 28 GW by 2030, over double current levels, and accounting for 80% of its power mix.

Green Investing

ESG Today

JULY 20, 2022

The strategy includes plans to significantly ramp the deployment of renewable energy, including boosting offshore wind capacity to up to 50GW by 2030. We look forward to working with The Crown Estate and all our other stakeholders to take these new UK offshore wind development projects forward in support of that commitment.”

Net Zero

ESG Today

OCTOBER 23, 2023

France-based Energy giant TotalEnergies announced today a new partnership with Macquarie’s Green Investment Group’s (GIG) Corio Generation and energy asset manager Rise Light & Power, for the joint development of Attentive Energy, a 3+ GW offshore wind project off the coast of New York and New Jersey. Coria and Rise acquired 27.7%

Green Investing

Corporate Knights

APRIL 9, 2024

By properly tallying up climate investments, starting with the federal government and large corporations, Climate Dollars aims to establish an accurate baseline of where we are at now versus what is required to ensure that Canada meets its 2030 emission-reduction commitments.

Clean Technology

Chris Hall

NOVEMBER 25, 2022

Per the European Investment Bank Group , the circular economy, thanks to technological innovation, would increase global resource productivity by 3%. By 2030 an extra two million new jobs related to the circular economy are estimated to be created in Europe. It will also create jobs.

Green Investing

3BL Media

JULY 19, 2023

1 Represents responsible investments managed by MIM at estimated fair value as of December 31, 2022. 2 For definitions of responsible investments, impact investments and green investments, please see pages 96 and 97 of the Sustainability Report PDF. 3 Annual investments in 2022.

Net Zero

Corporate Knights

MARCH 20, 2024

This turnabout has been most pronounced in the green bond market, where power utilities have, controversially, been adding nuclear energy as an option for green bonds. Is the nuclear industry using a smokescreen of net-zero to cover up its sustainability problems?

Green Bonds

Impact Alpha

SEPTEMBER 24, 2019

ImpactAlpha, September 24 – The European Bank for Reconstruction and Development provides investment capital and advisory support on development initiatives across the Middle East, Southern and Eastern Europe and Central Asia. A The post ERBD raises $700 million to finance climate resilience projects appeared first on ImpactAlpha.

Green Investing

Corporate Knights

NOVEMBER 2, 2023

Key jurisdictions, including the European Union, the United Kingdom, Australia, Japan and China, are moving forward with taxonomies that will guide green investment decisions and help avoid greenwashing. For greenhouse gas reductions alone, the scale of capital required is enormous.

Sustainable Investment

ESG Today

NOVEMBER 27, 2023

H&M Group has set a goal to achieve net zero emissions by 2040, with interim targets to reduce absolute Scope 1, 2 and 3 emissions by 56% by 2030. As with most fashion retailers, Scope 3 value chain emissions, or those outside of a company’s direct control, account for the vast majority of the company’s emissions footprint.

Supply Chains

ESG Today

AUGUST 31, 2023

Purposeful and predictable policy at home can position the UK financial services sector as a global leader in green investment, driving further prosperity and growth, including in emerging financial services centres outside London.” Click here to see the full letter and list of signatories.

Net Zero

ESG Today

JANUARY 30, 2024

Under the “navigating the transition to a green economy,” planned actions include assessing the effects of transition funding on the monetary policy mechanism, assessing green investment needs, analyzing the structural consequences stemming from the transition, and advancing the macroeconomic modelling framework, with a focus on climate aspects.

Climate Change

ESG Today

OCTOBER 31, 2022

Macquarie Asset Management’s Green Investment Group (GIG) announced today the acquisition of BayWa r.e. AG’s specialist biogas platform, BayWa r.e. Bioenergy develops, constructs and operates biogas projects that provide biomethane and power to local energy companies, industrial companies and energy traders.

Net Zero

3BL Media

MAY 17, 2022

To maintain a chance to avoid the worst climate impacts, science says we need rapid, deep emissions cuts – at least 50 percent by 2030. We have limited time to transform investment patterns and capital allocation to avoid crossing tipping points that could lead to a hothouse earth.

Net Zero

Chris Hall

JULY 5, 2022

The SEEE said the new carbon neutral ETFs will further raise the ability of the capital market to service the economy’s green transformation and enable institutions and retail investors to contribute to green investment. . China is seeking to achieve peak carbon by 2030 and carbon neutrality by 2060. .

Green Investing

Chris Hall

FEBRUARY 9, 2024

The latitude given by the NZIA to member states to decide which projects get the magic ‘net-zero strategic’ label – thus qualifying for funding and permitting support – caused the World Wide Fund for Nature to describe the act as “hocus-pocus” that could undermine Europe’s 2030 targets. Just one more.

Net Zero

Envirotec Magazine

OCTOBER 7, 2020

100 billion green investment. Analysis conducted by UK100 and Siemens, shows that a £5bn investment by the Government could unlock £100bn of private sector investment toward meeting the Net Zero goals by 2050. Many of these are outlined in a framework of technical standards for retrofit, known as PAS 2035/2030:2019.

Net Zero

Chris Hall

MAY 31, 2024

Consequently, the court ordered the government to publish an updated net zero strategy within the next 12 months – suitably demonstrating how the UK will achieve its legally binding carbon budgets and commitment to cut emissions by more than two-thirds by 2030.

Net Zero