Sustainability Partners Names Ex-Morgan Stanley MD John Veech as CEO
John Veech to Lead SP in Addressing U.S. Infrastructure Challenges John Veech, a seasoned leader in global infrastructure, appointed as CEO of SP Services, effective December 1, 2024. Veech’s background includes senior roles at Morgan Stanley, Lehman Brothers, and Marathon Capital Partners, underscoring extensive expertise in infrastructure finance. SP’s Infrastructure as a Service® model aims […]
Sustainable Food Systems Could Lift 300 Million from Undernourishment: Deloitte Report
Transitioning to sustainable food systems could increase global GDP by US$121 trillion and lower global food prices by 16% by 2070. Inaction on climate change may cost the global economy US$190 trillion by 2070 due to agricultural and productivity declines. Sustainable practices could support an additional 300 million undernourished people and meet the nutritional needs […]
UK Gov Proposes Regulation for ESG Ratings Providers to Ensure Transparency
Regulatory Initiative: The UK government is introducing regulation for ESG ratings providers to ensure transparency and reduce conflicts of interest, aligning with IOSCO’s 2021 recommendations. Industry Support: 95% of consultation respondents backed regulation, highlighting the need for clear methodologies and transparency, while smaller firms voiced concerns about potential cost burdens. Timeline and Scope: Legislation is […]
Adani Green Revives $600 Million Dollar Bond Deal for Solar-Wind Hybrid Projects
Indian billionaire Gautam Adani’s conglomerate, Adani Green Energy Ltd., is preparing to revive a $600 million bond deal after postponing a similar issuance in October. This move comes as Adani aims to raise funds for its renewable energy ventures. Investor Outreach The bond issuance will be conducted by three subsidiaries: Adani Hybrid Energy Jaisalmer One, […]
IBM Launches Tool to Optimize Renewable Energy Asset Management
IBM Maximo Renewables offers organizations real-time monitoring, analysis, and operational management of renewable energy assets to improve efficiency. The solution helps address challenges in renewable energy asset management by offering predictive maintenance and actionable recommendations. Companies like Param Renewables are leveraging IBM’s technology to manage extensive renewable portfolios, enhancing decision-making and ROI. IBM Expands Asset […]
