SEC Sues Proxy Advisor ISS for Client, Recommendation and Voting Data in ESG Crackdown

The U.S. Securities and Exchange Commission (SEC) revealed that it has filed an enforcement action in a U.S. district court against proxy advisory firm Institutional Shareholder Services (ISS), seeking information about the firm’s voting recommendations to investors that it said…

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M&G Investments Appoints Jen Braswell as Global Head of Impact for Private Markets

International investment manager M&G Investments announced the appointment of Jen Braswell as Global Head of Impact for its private markets business, a newly created role aimed at accelerating the growth of the investment manager’s impact investing platform. In her new…

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Agreena Signs Record 4.4 Million Ton Sustainable Farming-Based Carbon Removal Deal

Agriculture-focused carbon platform Agreena announced it has secured a seven-year agreement with one of the world’s largest commodity trading houses for the purchase of 4.45 million tonnes of carbon credits over seven years from a project focused on supporting farmers…

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Sustainability Data Platform Tracera Appoints Co-founder Sandeep Chand as New CEO

Sustainability data platform Tracera announced the appointment of co-founder Sandeep Chand as its new CEO, succeeding fellow co-founder Patrick Obeid in the role. Incubated at Bain & Company in 2022, New York-based Tracera – formerly called ESG Flo – provides…

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Qualitas Acquires 5.8 GW European Clean Energy Platform from Macquarie

Renewable energy investment, management, and development platform Qualitas Energy announced an agreement to acquire solar energy company Cero Generation’s core European clean energy platform from Macquarie Group. Launched by Macquarie in 2021, London-based Cero, specializes in the development, construction, and…

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EcoVadis, CO2 AI Partner to Help Companies Measure, Reduce Supply Chain Emissions

Sustainability ratings and solutions provider EcoVadis and sustainability data platform CO2 AI announced the launch of a new partnership aimed at helping organizations accelerate their Scope 3 decarbonization efforts with clearer and more accurate supply chain carbon data. According to…

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Hong Kong to Expand Sustainable Finance Taxonomy with New Climate Mitigation, Adaptation, Transition Activities

The Hong Kong Monetary Authority (HKMA), Hong Kong’s central banking institution, announced the release of its draft “Phase 2A” of the Hong Kong Taxonomy, with proposals to expand its sustainable finance and investment classification system to include a series of…

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