BNP Paribas Asset Management Halts Investments in New Oil and Gas Bonds
Exclusion Policy: BNP Paribas Asset Management will no longer invest in new bonds issued by companies involved in oil and gas exploration and production, aligning with broader sustainability goals. Sustainability Focus: Eligible companies must demonstrate “credible climate commitments” and “realistic transition plans” to maintain investment eligibility, with regular reviews ensuring compliance. Industry Leadership: Reclaim Finance […]
IAG Secures E-SAF Deal with Infinium to Propel 2030 Sustainability Goals
Major SAF Agreement: IAG has signed a ten-year deal with Infinium for e-SAF, expected to cut greenhouse gas emissions by 90% compared to conventional jet fuel, starting in 2026. Innovative Fuel Technology: Infinium’s e-SAF, made from water, waste CO2, and renewable energy, offers a scalable, feedstock-independent alternative to traditional fuels, supporting IAG’s five airlines. Sustainability […]
IBM Experts Share 2025 Sustainability Software Predictions with ESG News
IBM’s first-ever State of Sustainability Readiness Report 2024 revealed critical insights into the intersection of sustainability and technology. The report highlighted that 88% of business leaders plan to increase IT investments in sustainability over the next 12 months. The survey of 2,790 business leaders across 15 industries in nine countries uncovered significant barriers to progress, […]
Singapore’s Top 100 Companies Lead Global Sustainability Reporting: KPMG Survey
Climate Risk Acknowledgment: KPMG Survey reveals 76% of Singapore’s top 100 companies recognize climate change as a financial risk, exceeding the global average of 55%. Governance Leadership: Board-level accountability for sustainability rose from 35% in 2022 to 55% in 2024, showcasing stronger corporate governance. ESG Integration: 84% of Singapore companies include ESG information in their […]
Wells Fargo IN² Awards $250,000 to Three Startups Targeting Net Zero Buildings
Innovative Clean Tech Support: Wells Fargo’s Innovation Incubator (IN²) has awarded $250,000 in non-dilutive funding to three startups focused on decarbonizing buildings. Targeting Energy Efficiency: The startups aim to deploy scalable, drop-in technologies to improve energy efficiency and reduce emissions in commercial and residential buildings. Collaborative Development: Selected startups will work with the U.S. Department […]
