Bailey Church: A New Era For Canadian Sustainability Reporting, Assurance, And Accountability
Op-Ed By: Bailey Church: Partner, Accounting Advisory Services at KPMG Canada The public sector needs to lead by example in Canada’s adoption of sustainability reporting. The extreme weather events in Canada in recent years, from unprecedented heatwaves to devastating floods, are ringing alarm bells for urgent climate action across both the public and private sectors. […]
Iberdrola Places €800 Million Hybrid Green Bond with 3.75x Oversubscription
Iberdrola’s €800 million hybrid green bond saw 3.75 times oversubscription, with demand exceeding €3 billion from over 200 international investors. The bond, with a competitive 4.25% coupon, is Iberdrola’s most attractive hybrid issuance in three years, supported by favorable market conditions and strong investor confidence. Proceeds will refinance renewable assets linked to a 2019 hybrid […]
SAP Appoints Matthias Medert as Global Head of Sustainability
Matthias Medert transitions into the role of Global Head of Sustainability at SAP, succeeding Daniel Schmid at the year’s end. Medert will lead sustainability initiatives focusing on environmental stewardship, net-zero goals by 2030, human rights, and AI ethics. SAP aims to enhance sustainable practices internally and enable customer success with its ERP-centric, cloud-based solutions. SAP’s […]
Breaking News: COP29 Draft Deal Proposes $250 Billion Climate Finance Target, Faces Global Pushback
Draft proposes $250 billion annually: COP29 unveiled a finance plan for developed nations to contribute $250 billion per year by 2035, replacing the $100 billion target from 2009. Developing nations demand more: The draft acknowledges a broader $1.3 trillion goal but sets no binding commitments, sparking criticism from small-island states and emerging economies. Global climate […]
Microsoft Launches Free Global Webinar Series ‘Microsoft Sustainability Academy’
Comprehensive Sustainability Guidance: The academy offers free webinars tailored for business and technical professionals to advance sustainability efforts and manage environmental impact effectively. Practical Insights: Sessions cover ESG data management, AI-driven sustainability solutions, and integrating sustainability with operational and financial data for actionable insights. Industry Examples and Tools: Attendees will learn from real-world use cases, […]
