ESG News Week In Review: 25 November – 01 December
Welcome back to the ESG News Week In Review! To get ESG News’s full ‘ESG News Week In Review’ and ESG News Daily email newsletter, subscribe here. Follow ESG News on LinkedIn ESG NEWS SMART READ OF THE WEEK IBM Experts Share Sustainability Software Predictions For 2025 with ESG News IBM’s first-ever State of Sustainability Readiness Report 2024 revealed critical insights […]
CaixaBank Commits €100 Billion to Sustainable Finance by 2027
Ambitious Investment: CaixaBank’s 2025-2027 Sustainability Plan includes a 56% increase in sustainable financing, targeting €100 billion to drive environmental, social, and economic transformation. Decarbonization Goals: The bank aims to cut financed emissions in key sectors by up to 100%, advancing toward carbon neutrality by 2050. Social Impact: Plans to improve financial inclusion and employability, benefiting […]
Eni Partners with Côte d’Ivoire to Restore 155,000 Hectares of Forests
Preservation Focus: Eni and Côte d’Ivoire’s Ministry of Water and Forests aim to conserve remaining forest areas and biodiversity, covering 14 forests across 155,000 hectares. Restoration Commitment: The project plans to restore 130,000 hectares by planting 12 million local trees, integrating agro-forestry practices to benefit local farming communities. Decarbonization Alignment: The initiative supports Côte d’Ivoire’s […]
70% of UK Homeowners Want Their Homes to be More Energy-Efficient: Barclays Report
Five Strategic Recommendations: Barclays’ report outlines a roadmap for the UK Government to decarbonize homes, emphasizing collaboration, tax incentives, data reforms, safety standards, and public education. Retrofitting Challenges: 70% of homeowners want energy-efficient homes, but 35% feel unsure about the right options, highlighting barriers to retrofitting. Government Role: Two-thirds of surveyed homeowners believe the Government […]
Maersk, Lufthansa Cargo Partner to Accelerate Airfreight Decarbonization with SAF
Significant SAF Usage: Lufthansa Cargo will utilize 400 metric tonnes of Sustainable Aviation Fuel (SAF) on behalf of Maersk by the end of 2024, reducing CO₂ emissions by at least 1,200 metric tonnes. Decarbonization Goals: The collaboration supports Maersk’s ambition to achieve net zero greenhouse gas emissions by 2040 and Lufthansa Group’s target of halving […]