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2382 articles · Page 172 of 199
Ben & Jerry’s Alleges Nelson Peltz’s Influence in Unilever Censorship Dispute
Ben & Jerry’s has intensified its legal dispute with Unilever, alleging that billionaire investor Nelson Peltz, a Unilever board member and Trump supporter, is influencing the company to censor the ice cream brand’s social mission. Filed in Manhattan federal court, the lawsuit claims Unilever’s edits to Ben & Jerry’s social media posts, including blocking a Trump-related post in January 2025, align with Peltz’s political views, threatening Unilever’s ESG leadership. The conflict, ongoing since 2024, involves Unilever’s alleged threats to dismantle Ben & Jerry’s independent board and block donations to Medical Aid for Palestinians. The dispute complicates Unilever’s plan to spin off its ice cream business, including Ben & Jerry’s, by July 2025, potentially impacting its valuation. Ben & Jerry’s seeks to protect its board’s autonomy and enforce $25 million in promised payments.
05 May 2025by Chitra Singla
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Blue Yonder Boosts Sustainability with Pledge Acquisition
Blue Yonder, a digital supply chain solutions provider, acquired Pledge Earth Technologies on May 1, 2025, to enhance its emissions reporting capabilities. Founded in 2021 in the UK, Pledge offers a cloud-based platform that automates shipment data collection and calculates emissions across air, sea, inland transport, and logistics hubs, compliant with GLEC and ISO 14083 standards. The acquisition enables Blue Yonder customers to monitor their own and their partners’ emissions, supporting Scope 3 reporting and sustainability goals. Quotes from Pledge CEO David de Picciotto and Blue Yonder’s Chief Sustainability Officer Saskia van Gendt emphasize the technology’s role in reducing carbon footprints and optimizing supply chain efficiency. The integration strengthens compliance with regulations like CSRD and SBTi, positioning Blue Yonder as a leader in sustainable supply chain management.
05 May 2025by Chitra Singla
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Ara Partners Secures $800 Million for Decarbonization Infrastructure Fund
Ara Partners has raised over $800 million for its debut Ara Infrastructure Fund I, exceeding its $500 million target, to invest in mid-market decarbonization infrastructure across Europe and North America. Launched in 2022 and led by George Yong and Teresa O’Flynn, the fund focuses on building or repurposing assets in sectors like energy efficiency and green fuels, addressing the underserved middle market. It has made three investments—Lincoln (U.S. terminal services), USD Clean Fuels (renewable fuel logistics), and Natural World Products (Irish organics recycling)—with a fourth pending, managing 12 assets. The fund aims to capitalize on rising energy demand and decentralized systems, delivering emissions reductions and economic returns, supported by Ara’s operational expertise and a diverse investor base.
05 May 2025by Chitra Singla
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ESMA Unveils Draft Rules to Strengthen ESG Ratings and Sustainability Reporting
The European Securities and Markets Authority (ESMA) has released draft Regulatory Technical Standards (RTS) under the 2024 ESG Rating Regulation, introducing strict requirements for ESG ratings providers in the EU. These include authorization, transparent disclosure of methodologies, and robust conflict-of-interest safeguards, with operational separation required for firms offering advisory services. A public consultation is open until June 20, 2025, with final rules expected by October 2025. Additionally, ESMA’s new Guidelines on Enforcement of Sustainability Information strengthen oversight of sustainability reporting, aligning it with financial standards. The risk-based approach targets greenwashing and double materiality, with coordinated EU-wide enforcement. Companies face increased scrutiny, requiring enhanced governance and compliance to meet these rigorous ESG data and reporting standards.
05 May 2025by Chitra Singla
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Antarctic Warming Driven by Distant Ocean Changes
A new study from Sun Yat-sen University reveals that warming in the Antarctic Peninsula, which is heating up five times faster than the global average, is influenced by sea surface temperature changes in the Tasman Sea, thousands of miles away. Recorded temperatures reached 18.8°C (65.8°F) at Seymour Island in February 2020, raising concerns about ice melt and sea-level rise. The research highlights how warmer Tasman Sea waters trigger atmospheric patterns, like the Pacific–South American pattern, that steer heat toward Antarctica. High-resolution climate models better capture this link, though gaps in data and model inaccuracies pose challenges. The findings suggest broader climate impacts, potential feedback loops, and the need for improved ocean monitoring to enhance predictions and protect coastal communities.
05 May 2025by Chitra Singla
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DNA links modern Picuris Pueblo tribe to ancient New Mexico site
A Nature study, published April 30, 2025, confirms a genetic link between the Picuris Pueblo tribe and ancient inhabitants of Pueblo Bonito in Chaco Canyon, New Mexico. Analyzing DNA from 13 modern Picuris members, 16 ancient Picuris individuals (1300–1500 A.D.), and prior Pueblo Bonito remains, the Picuris-led research validates their oral histories tying them to the UNESCO World Heritage site. Initiated to counter marginalization in Chaco preservation discussions, the study, controlled by the tribe, highlights ethical Indigenous-scientific collaboration. It strengthens Picuris advocacy amid oil and gas drilling debates but does not challenge other tribes’ connections to Chaco.
01 May 2025by Chitra Singla
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C40, Bloomberg Philanthropies Convene MDBs to Scale Urban Climate Finance
The article details a roundtable convened by C40 Cities, GCoM, and Bloomberg Philanthropies on April 28, 2025, focusing on scaling urban climate finance to meet a $4.5 trillion annual gap by 2030. MDBs pledged increased concessional funds, subnational lending, and risk mitigation to bridge the gap, which current financing ($830 billion annually) covers only 23% of the $800 billion yearly target. Mayors, following a 2024 open letter, urged MDBs to prioritize urban climate needs and direct funding. The dialogue, led by mayors from Tshwane and Kisumu, emphasized adaptation in the Global South and multilevel governance via initiatives like CHAMP. Challenges include limited adaptation finance and Global South funding gaps, but opportunities like the C40 Cities Finance Facility and Bloomberg’s programs offer hope for inclusive, resilient urban solutions.
01 May 2025by Chitra Singla
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Deloitte Survey: 82% of Tax Leaders Expect More Disclosure as Sustainability and AI Reshape Global Policy
Deloitte’s 2025 Global Tax Policy Survey, covering 1,100 tax and finance professionals across 28 countries, highlights three trends reshaping tax functions: transparency, digitalization, and sustainability. 82% of tax leaders expect increased public tax disclosures within three years, driven by national laws and AI-scrutinized reporting. 86% see progress toward OECD’s Tax Administration 3.0, but only 29% believe AI will boost accuracy. Sustainability ranks third in priority, with 55% citing carbon taxes and CBAM costs as concerns, though only 36% fully use ESG incentives. The survey urges tax leaders to enhance data governance, cautiously adopt digital tools, and align tax with sustainability goals to navigate regulatory complexity.
01 May 2025by Chitra Singla
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Pioneer Raises $1.2 Billion for Article 9 Sustainable Infrastructure Fund
Pioneer Point Partners, a London-based sustainable infrastructure firm, raised €1.1 billion (USD$1.2 billion) for its second fund, Pioneer Infrastructure Partners II, exceeding its €800 million target in just 12 months. Classified as Article 9 under the EU’s SFDR, the fund focuses on energy transition and environment sectors in Western Europe’s lower mid-market. It attracted pension funds, insurers, and endowments, with over 50% of commitments from existing investors. The fund has invested in Yeager Energy (Dutch geothermal) and OG Clean Fuels (clean fuel stations), with a third investment planned for Q2 2025. Pioneer’s strategy aligns with UN SDGs, targeting high-impact projects like renewable energy and circular economy initiatives to support Europe’s climate neutrality goals.
01 May 2025by Chitra Singla
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Feeding fish, draining the sea: Fishmeal's global footprint revealed
A UBC study maps 506 fishmeal and fish oil (FMFO) factories across 63 countries, revealing their role in aquaculture. Peru, Mauritania, and Chile lead production, with 40% of FMFO from wild-caught fish, impacting marine ecosystems and coastal food security. Data gaps in China and West Africa persist. Solutions include processing waste, plant-based feeds, and better governance. The study urges transparency and research into emissions and labor for sustainable seafood.
01 May 2025by Chitra Singla
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Pentagon Chief Scraps Women, Peace, and Security Program Originated Under Trump
U.S. Defense Secretary Pete Hegseth has officially canceled the Women, Peace, and Security program—a pioneering law passed under President Trump to integrate women in global peace and security efforts. Though once hailed as a bipartisan achievement and international model, the program is now being dismantled by the very administration that launched it. The move reflects a broader rollback of inclusion-focused policies at the Pentagon and has drawn criticism from global institutions like the United Nations.
30 April 2025by Chitra Singla
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Nestlé, ofi Launch Project to Reduce Emissions and Deforestation from Cocoa Supply Chain
Nestlé and ofi have launched a cocoa agroforestry initiative aimed at reducing carbon emissions and deforestation. By engaging 25,000 farmers across Brazil, the Ivory Coast, and Nigeria, the initiative plans to convert farms to regenerative agriculture practices, including planting over 2.8 million trees and cultivating 72,000 hectares of agroforestry. The project is expected to cut over 1.5 million tons of CO2 over the next 30 years, supporting Nestlé’s net-zero emissions commitment by 2050.
30 April 2025by Chitra Singla
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