Finance, Markets & Investing News | ESG & Sustainability | OneStop ESG

Asda Links Supplier Financing Rates to Decarbonization and ESG Performance

Asda has launched a new sustainability-linked supply chain finance program in partnership with HSBC UK, incentivizing suppliers to adopt sustainable practices. Starting in 2025, the program will offer more than 250 suppliers enhanced financing rates based on their ESG performance, including data disclosure, target-setting, and decarbonization efforts. Suppliers performing well against key performance indicators (KPIs), assessed by EcoVadis, will benefit from preferential terms. The initiative aligns with Asda's commitment to reducing Scope 3 emissions, which account for 98% of its carbon footprint, while also encouraging transparency and improved ESG practices in its global supply chain.

Morgan Stanley Raises $750 Million for Climate-Focused Private Equity Fund

Morgan Stanley Investment Management (MSIM) has closed its 1GT climate solutions private equity fund, raising $750 million. Launched in November 2022, the fund targets decarbonization by supporting companies focused on reducing global carbon emissions. Its goal is to eliminate 1 gigaton of CO2 emissions by 2050, with investments in sectors like mobility, power, agriculture, and the circular economy. 1GT is classified as Article 9 under the EU’s SFDR regulation, and half of the team’s compensation is tied to achieving its emissions reduction target. The fund aims to deliver both financial returns and measurable climate impact.

Standard Chartered and SEB Launch Carbon Credit Initiative for Early-Stage Carbon Removal Projects

Standard Chartered and SEB partner to offer clients carbon credits from early-stage carbon removal projects, supporting sustainable finance and climate action.

BlackRock, Microsoft, and GIP Unite to Launch $100 Billion Investment Fund for AI, Energy Infrastructure, and Sustainability

BlackRock, Microsoft, and GIP have formed a partnership to raise $100 billion for investments in AI, energy infrastructure, and sustainability, aiming to drive transformative change.

Indian Corporations and Financial Giants Commit $386 Billion to Green Energy Goals

Reliance, Adani, and major financial firms pledge $386 billion to help India reach 500 GW of clean energy by 2030, marking a major step in the country’s renewable energy transition.

Bank of China Launches $400 Million Green Bond on Nasdaq Dubai: A New Milestone in Sustainable Finance

Bank of China lists a $400M green bond on Nasdaq Dubai, marking a key step in sustainable finance and showcasing Dubai's role in global green investment.

Robeco Launches New High Income Green Bonds Strategy

Robeco launches High Income Green Bonds strategy, offering investors high-yield returns from global green bonds while supporting environmental projects and decarbonization efforts.

EU Energy Report: GHG Emissions Down 32.55% Since 1990, While Economy Grew by 67%

Euronext Unveils ESG Tools and Reports to Drive Sustainable Finance Forward

Brookfield commits up to $1.1 billion in funding to Infinium to accelerate the production of sustainable fuels at scale.

TPI State of Transition Report: 30% of Major Corporate Emitters Have Long-term (2050) Climate Targets Aligned with 1.5°C

FCA Provides Temporary Flexibility on Naming Rules for Sustainable Funds