Sustainable Finance News | ESG & Sustainability | OneStop ESG
692 articles · Page 55 of 58
Saur Launches €550 Million Blue Bond to Fund Sustainable Water Projects
Saur raises €550 million through its first blue bond to finance sustainable water projects, becoming the first French company and European water utility to do so.
24 October 2024by Sourav Das
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BRICS Nations Reach Clean Energy Milestone as Fossil Fuels Drop Below 50%
BRICS nations will reduce fossil fuel capacity to below 50% by the end of 2024, driven by renewable energy expansion, according to Global Energy Monitor. Challenges remain with ongoing fossil fuel projects.
24 October 2024by Sourav Das
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Over Half of European Companies Now Invest in Climate Action, EIB Survey Finds
61% of EU firms invested in climate action in 2024, up from 56% in 2023, says EIB. Companies are advancing green and digital transitions, boosting competitiveness and focusing on a zero-carbon economy.
24 October 2024by Sourav Das
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COP29 President Reveals Final Texts for Nine Climate Pledges and Declarations
Azerbaijan’s Mukhtar Babayev, COP29 president, unveils final climate-focused pledges aimed at accelerating global climate action, just weeks before the UN summit.
23 October 2024by Sourav Das
Read More →HKMC Raises $3 Billion in Largest Asia-Pacific Social Bond to Aid SMEs
HKMC raised $3 billion in Asia Pacific’s largest social bond issuance, aimed at supporting 40,000 SMEs and 400,000 jobs under the Special 100% Loan Guarantee Scheme.
23 October 2024by Sourav Das
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Sustainable Funds Hit a Record $3.5 Trillion in 2024: Morgan Stanley Report
Morgan Stanley's latest report shows sustainable fund AUM hit $3.5 trillion in H1 2024, up 3.9%. Despite modest returns, inflows are weak, highlighting a maturing investment landscape.
21 October 2024by Sourav Das
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Saudi Arabia’s Public Investment Fund Invests $19.4 Billion in Green Projects
Saudi Arabia's Public Investment Fund has committed $19.4 billion to green projects, aiming to enhance sustainability and align with global goals while reshaping the nation's economy.
15 October 2024by Sourav Das
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Amazon Unveils Three Climate Fund Investments for E-Waste Recycling and Sustainable Construction
Amazon's Climate Pledge Fund has invested in Molg, 14Trees, and Paebbl to support e-waste recycling, low-carbon construction, and carbon storage, all aimed at achieving net-zero emissions by 2040.
14 October 2024by Sourav Das
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Mizuho Partners with UNDP to Boost Sustainable Development Initiatives in Asia
Mizuho Financial Group has partnered with the UNDP to enhance sustainable development in Asia, focusing on climate action, poverty reduction, and promoting the UN's Sustainable Development Goals.
14 October 2024by Sourav Das
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The Green Glass Ceiling: Women are Being Left Out of Sustainable Jobs, Says IMF Report
A recent analysis by the International Monetary Fund (IMF) highlights a significant gender gap in green jobs, with women being underrepresented in sectors such as renewable energy, sustainable agriculture, and waste management. Despite the rise in employment opportunities within these industries, men hold two-thirds of green jobs globally, leaving women disproportionately stuck in more polluting sectors. A major factor behind this disparity is the lower number of women graduating in STEM fields, which are crucial for green careers. This underrepresentation not only perpetuates the gender gap but also hampers the effectiveness of climate policies, as economies with inclusive workforces are better equipped for a green transition. While green jobs offer higher wages and narrower gender pay gaps, women continue to miss out on these benefits. To close the gap, the report calls for increased STEM education for women and addressing gender biases in recruitment and management.
10 October 2024by Sourav Das
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Anaphite Secures $13.7M to Advance Sustainable EV Battery Manufacturing
UK-based startup Anaphite raised $13.7 million in Series A funding to scale its innovative solution aimed at reducing the cost and carbon footprint of EV battery production. Founded in 2018, Anaphite’s unique dry-process technology eliminates the need for energy-intensive drying ovens, cutting energy use by 90%, manufacturing costs by 40%, and carbon emissions by 30%. The funds will support scaling production, expanding dry coating capabilities, and boosting R&D. Backed by investors such as World Fund and Maniv, Anaphite aims to revolutionize the EV battery supply chain with its sustainable approach.
06 October 2024by Sourav Das
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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.
04 October 2024by Sourav Das
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