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and helping the government of Abu Dhabi build a recycled water system that supplies local, desert-bound farms with recycled water from two wastewater treatment plants. Banks, asset management and insurance peer groups are not assessed on the sustainable investment KPI. Or consider the Quebec financial giant Desjardins (#37).
The secondhand goods broker Bank & Vogue is demonstrating that's possible by working with big brands to create products out of upcycled fabrics, like Coach's new repurposed denim bag. This project prolongs the life of jeans that are not fit for resale, said Steven Bethell, co-founder of Bank & Vogue.
Consequently, some meaningful relationships go underdevelopedincluding the important relationship between small business owner and bank. Its not that small business owners dont value their bank. The bank is home to their accounts and the place to deposit and withdraw money. So, what differentiates one bank from another?
This quiet forest and wetlands on the banks of the Richelieu River outside of Montreal is in the midst of a dramatic transformation, buzzing with activity that may pave the way for our future. At least, that is what leaders in Quebec are banking on, as the province gears up to assume an axis position in the world’s electrified transition.
This week in ESG news: Canada to require oil & gas industry to slash emissions; California’s climate reporting law survives legal challenge; Mizuho invests in climate solutions provider Pollination; new clean energy deals signed by H&M, Meta, Saint-Gobain; incoming EU finance Commissioner calls for sustainable investment labels, reduced SFDR (..)
This week in ESG news: European Commission proposes cutting emissions 90% by 2040, includes role for carbon credits in target; Microsoft signs new 1 million ton+ carbon removal deal; companies, investors campaign to keep EU sustainable reporting rules intact; JPMorgan tokenizes carbon credits; Nestlé scales program to boost cocoa supplychain sustainability; (..)
Under the new partnership, Schnieder Electric will leverage its sustainability consulting experience to help financial institutions improve GHG disclosures, and to integrate decarbonization strategies and implementation roadmaps into their investment profiles, after it undergoes the accreditation process by completing the PCAF Academy.
Participants also included Ornsaran Pomme Manuamorn, senior financial sector specialist at World Bank, and Susanna Hasenoehrl, head of sustainable solutions business, Asia-Pacific and Japan at SAP. And Lardeau highlighted how supplychain management platforms can help companies comply with disclosures required by legislation.
Companies Are Still Investing in Sustainability – But Aren’t Talking About it: Survey Apple, MP Materials to Build Rare Earths Recycling Facility Under New $500 Million Supply Deal PepsiCo, Cargill to Expand Regenerative Agricultural Practices in U.S. billion in sustainable finance; bp sells its U.S.
Oesterreichische Kontrollbank AG Sustainable development bank Oesterreichische Kontrollbank (OeKB) or Austrian Control Bank is a special-purpose financial institution owned by Austrias main banks. Its supply-chain control-tower services leverage data analytics and automation to improve efficiency throughout supplychains.
It is well understood that the potential to leverage impact is huge; for example, while government procurement and supplychain purchases represent the biggest marketplaces in the world —for goods and services that SMEs could supply—SMEs are often locked out of those marketplaces.
The European Investment Bank (EIB) and Paris-based financial services group Societe Generale announced the launch of a new clean energy financing initiative, aimed at unlocking as 8 billion in investments to support manufacturers across the wind energy supplychain in Europe.
Among the key feature of the new scenarios highlighted by the NGFS include the accounting of compound physical climate risks, exploring how a sequence of extreme weather events such as heatwaves, floods, wildfires, and storms could impact economies, including supplychain breakdowns.
From the ranking leader Hydro-Qubecs $155-billion green-energy expansion plan, to 12th-place Bpifrance banks financing solar and wind power loans, the inaugural list shows how investments in renewable energy pay off. Bpifrance Bpifrance is a French public-sector bank that bills itself as a one stop shop for entrepreneurs. N/A* 61.1%
billion to accelerate the production of renewable hydrogen through the European Hydrogen Bank. The European Hydrogen Bank was launched by the Commission in 2023, to help develop the market for renewable hydrogen. billion European Hydrogen Bank auction marks a significant increase over last year’s inaugural €800 million auction.
trillion in assets under management, led by responsible investing NGO ShareAction, called on HSBC at its AGM on Friday to restate its net zero commitments, noting that recent moves by the bank have created deeply concerning signals around its climate priorities. A group of 30 investors* representing $1.6
Further, the World Bank projects that $450 billion to $650 billion will need to be invested annually in food system transformation over the next decade, a massive opportunity for investors. I want to invest in the companies large enough to drive real impact, with the supplychain infrastructure to transform the global food system.
This is in addition to 13 per cent lost in the supplychain, according to the FAO. WRAP will also join with The Global Food Banking Network, ReFED and FareShare to host a series of sessions dedicated to addressing food loss and waste at COP29.
Faber added: This progress is also important to all other jurisdictions because multinational companies with global supplychains will stand to benefit from the availability of comparable data and disclosures from across the value chain and such disclosures will facilitate trade.
When looking at the role of multilateral development banks (MDBs), such as the World Bank, as intermediaries in blended finance, she believes that they need to review the areas where concessional climate finance – effectively cheaper loans for governments – is most needed. “A
Its a savvy, sustainable choice that wont break the bank and you might find that buying secondhand feels more like first class. People are becoming more mindful of their environmental footprints and looking for smarter, more sustainable ways to enjoy the technology we love.
By 2050, up to 86 million Africans could become internal climate migrants due to deteriorating living conditions, according to the World Bank. Jackson Omondi, an East African supplychain expert who graduated from Strathmore University Business School’s leadership program, in Kenya, more than a decade ago, notes how much it has evolved.
The initiative has been launched in response to growing regulatory, investor, and customer pressures on companies to address Scope 3 emissions, which often originate from supplychains and can constitute over 70% of a company’s total emissions.
This partnership enhances Safeways ability to serve customers while supporting local food banks and hunger relief organizations, creating more opportunities to nourish neighbors in need. Additionally, Safeway donated products for the event, benefiting the Alameda County Community Food Bank.
During the event, Sysco Corporation and Rumble Solar presented $10,000 donations to the Regional Food Bank of Oklahoma and Minco Schools, respectively. The funds to the Regional Food Bank of Oklahoma will be allocated to their Backpack Program Initiative, which provides meals to children in need during the summer.
Elena Valderrbano from Telefnica received a special Sustainable SupplyChain Award presented by Nick Heine, CCO & CSO of IntegrityNext. The Grand Jury also granted three Special Honour Awards to Petra Wicklandt from Merck KGaA, Karin Reiter from the Adecco Group, and Linda Freiner from Zurich Insurance.
VERGE empowers professionals decarbonizing and future-proofing their organizations and supplychains through climate technologies. Trellis Impact 25 brings together VERGE , Bloom , and GreenFin and will be held October 28-30, 2025, at the San Jose Convention Center in San Jose, CA.
The federal government should ensure Indigenous voices are central to decision-making processes, and expand funding tools like the Canada Infrastructure Bank (CIB) and Indigenous Loan Guarantee program to enable Indigenous partners to participate fully and on their own terms, promoting Reconciliation.
Even individuals could contribute by bringing their used fat, oil and grease waste to convenient recycling banks for conversion into clean fuel. Untreated FOG can be highly detrimental, causing blockages in sewerage networks, polluting the environment, and contributing to greenhouse gas emissions. To find out more, visit [link]
boards say execs should stay quiet on social issues; 22 states sue to block New York law charging oil companies for climate adaptation; ISS removes diversity from U.S. Board Directors Prefer Executives Stay Quiet on Social Issues: Report
The 5% target is considered the threshold at which the infrastructure, supplychains, and technologies that support zero-emission fuels are mature enough to enable exponential growth. In particular, they are central to delivering the goal of having zero-emission fuels account for 5% of all fuels by 2030.
Million Carbon Removal Startup Founded by 16-Year Old Raises $3.5 Million for Solution to Produce Low Cost Sustainable Aviation Fuel Exec Moves South Pole Appoints Dara Olufon as Co-Head of its Global Climate Advisory Business
RELATED Canadian investors stand firm on ESG despite greenhushing trend, report finds The anti-DEI movement confronts an unlikely opponent: big banks Meet the four most sustainable funds on the market for 2025 Deadlines to submit reports starting in 2026 will be pushed back to 2028.
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“As markets across Canada continue to seek new energy sources, the clean electricity sector has a unique opportunity to satisfy some of those needs and CIBC is ready to support our clients’ ambitions in the sector,” said James Brooks, Managing Director & Co-Head, Energy, Infrastructure & Transition, Global Investment Banking, CIBC.
The announcement by UBS marks the latest in a series of moves by banks globally to withdraw or pull back on climate commitments, although UBS changes appear less drastic than those by some of its peers.
We will, through a step-change in investment, improve river health, address storm overflows, stop damaging abstraction, and reduce leakage for more resilient water supplies. He also noted how engineered solutions can, and should, work alongside nature-based solutions (NbS) rather than being seen in opposition.
A report published by former European Central Bank President Mario Draghi in September pointed to the Taxonomy, CSDDD, CSRD, as harmful to EU competitiveness, with the latter branded a “major source of regulatory burden”. “The The Draghi report says too many different reporting frameworks are burdensome to companies.
The new funding was supplied by previous investors SMBC, TPG, and Pulse Fund, as well as new investors and partners, including Amazons Climate Pledge Fund, Mitsui & Co.,
According to Bloomberg, the launch of the new solution comes to help investors address increasing demands by regulators and central banks to assess their exposure to climate risks, driven by growing evidence of the economic impacts of climate change. The new solution forms part of Bloombergs Multi-Asset Risk Management (MARS) suite.
It has become increasingly apparent that private sector support will be needed to fulfil the New Collective Quantified Goal (NCQG) – putting greater onus on the crowding-in role of multilateral development banks. trillion required annually.
When issuers are first raising money, we are in a better position to push our ideas, as well as talk to the wider circle of banks and debt capital markets to adapt best practices,” he says. Patience a prerequisite Bondholders also do not act alone.
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