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Showing 251 - 260 of 2203 results for "sustainability"

Microsoft makes largest ever offset purchase

ROSE MARY PETRASS  |  MONDAY, 15 JUL 2024  |  NEWS
... Microsoft declined to comment on the viability of the technology, but said investing in the tech is a key part of its sustainability strategy. Microsoft senior director for carbon removal and energy Brian Marrs said 1PointFive is building the largest ...

Tech giant hits environment target

ROSE MARY PETRASS  |  THURSDAY, 11 JUL 2024  |  NEWS
... Amazon's carbon footprint increased by 34% since its 2019 Climate Pledge. According to Amazon's recently released sustainability report, the company's direct operational emissions (Scope 1) increased by 7% in 2023. The company attributes this primarily ...

M&A deals ramp up ESG checks

ROSE MARY PETRASS  |  WEDNESDAY, 10 JUL 2024  |  NEWS
... not intend to perform ESG due diligence in the future. Most dealmakers are prioritising ESG due diligence because sustainability-related risks and opportunities have a financial impact. 44% are also motivated by regulatory requirements. The EMEA (57%) ...

Robeco expands transition strategy with new funds

ROSE MARY PETRASS  |  WEDNESDAY, 10 JUL 2024  |  NEWS
The international asset manager is following through on its commitment towards sustainability integration and transition finance. Robeco has launched two new funds to advance the sustainable transition, focused on emerging economies in Asia. US$125 ...

Over half of firms created new net zero roles: Deloitte

ROSE MARY PETRASS  |  WEDNESDAY, 3 JUL 2024  |  NEWS
Recruiters on the ground confirm uptick in corporate sustainability roles is unparalleled and shows no signs of slowing, with small to medium size firms now driving demand in Australia. Over 50% of financial firms added headcount or created new roles ...

ISO to launch first net zero standards

ROSE MARY PETRASS  |  TUESDAY, 2 JUL 2024  |  NEWS
... Brazil. The standard will be an expansion of the ISO Net Zero Guidelines launched at COP27. It aims to accelerate sustainability, and vitally, will work to prevent greenwashing by supporting independently verified and comprehensive climate action. The ...

Allspring defends exit from climate group

ROSE MARY PETRASS  |  TUESDAY, 2 JUL 2024  |  NEWS
... remain committed to climate action," the IGCC spokesperson said. Allspring has now confirmed it will stick to its sustainability strategy because it makes sense financially. The firm "considers climate risks and other sustainability themes in our investment ...

Ex-Moody's chief rejoins standards setter

ROSE MARY PETRASS  |  MONDAY, 1 JUL 2024  |  NEWS
... chair of the IFRS nominating committee from 2018 to 2023, Madelain played a role in establishing the International Sustainability Standards Board (ISSB), and led the consolidation of the Climate Disclosure Standards Board and the Value Reporting Foundation ...

LGIM, Generation, MUFG to report on nature

ROSE MARY PETRASS  |  MONDAY, 1 JUL 2024  |  NEWS
... recommendations and nature-related disclosures will help create the enabling conditions for investors and capital to achieve sustainability outcomes and impact." The new companies include Volvo, Ricoh, China Mengniu Dairy Ltd and Acciona. This means ...

Latest disclosure update

ROSE MARY PETRASS  |  FRIDAY, 28 JUN 2024  |  NEWS
... Financial Disclosures (TNFD) and the European Financial Reporting Advisory Group (EFRAG) have mapped the European Sustainability Reporting Standards (ESRS) to the TNFD disclosures. The move improves harmonisation and enabling the EUs Corporate Sustainability ...