Chuka Umunna takes charge of JPMorgan’s green economy and sustainable solutions
JPMorgan has promoted Chuka Umunna to Managing Director, Global Head of Sustainable Solutions, and EMEA Head of Green Economy Investment Banking.
Blackbaud accelerates social impact innovation with latest tech startups cohort
Blackbaud, a leader in software solutions for social impact, recently unveiled the latest group of early-stage companies joining its Social Good Startup Program.
S&P Global halts ESG ratings for Indian firms under new SEBI rules
S&P Global has ceased issuing ESG scores to Indian companies regulated by the Securities and Exchange Board of India (SEBI), following the implementation of stringent guidelines.
UK urged to accelerate ISSB adoption for stronger climate finance
The UK government has been urged to mandate corporate reporting in accordance with the International Sustainability Standards Board (ISSB) Standards. According to Envrionmental Finance,...
Scope 3 emissions pose significant financial risks, warns BCG and CDP report
Most companies and investors are not yet measuring and targeting reductions in Scope 3 value chain emissions, leading to significant overlooked and unreported financial risks in their supply chains, according to a new report released by BCG and environmental disclosure system CDP.
ECB researchers claim that EU banks have already reduced climate risk
The European Central Bank (ECB)’s climate-related supervision has already led to an improvement in banks’ risk exposure and management, and increased capital allocation towards green finance, according to researchers at the central bank.
FRC’s revised stewardship code eases reporting demands
The Financial Reporting Council (FRC) has implemented significant changes to the UK Stewardship Code, aimed at simplifying the reporting process for signatories. According to...
HSBC sets sights on sustainable finance with climate-focused infrastructure unit
HSBC has announced the creation of the HSBC Infrastructure Finance (HIF), a new division focusing on climate-aligned infrastructure and project financing. According to ESG News,...
Navigating the future of sustainability: The role of AI in environmental strategies
The integration of AI, is transforming sustainability across various sectors. By handling extensive data analysis, AI equips sustainability experts with actionable insights, freeing them to implement strategies that have real-world impacts.
New Deloitte survey reveals major shift in corporate ESG strategies for 2024
A new survey from Deloitte has highlighted significant trends among public companies gearing up for enhanced ESG disclosures.