ESMA to Focus on Materiality, Impacts, Risks, Opportunities and Targets as Sustainability Reporting Enforcement Priorities

EU markets regulator the European Securities and Markets Authority (ESMA) announced the release of its annual European Common Enforcement Priorities (ECEP) Statement for corporate reporting, setting out key issues it will focus on for the current year of disclosures, with…

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NORD/LB Acquires Energy Transition Finance Boutique Voltiq

German energy and infrastructure-focused commercial bank NORD/LB announced the acquisition of renewable energy and energy transition-focused financial advisory and M&A services provider Voltiq,with the transaction aimed at strengthening NORD/LB’s capabilities across the energy transition value chain. Founded in 2009, Amsterdam…

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ESG Today: Week in Review

This week in ESG news: BNP Paribas AM launches new global sustainability strategy following AXA IM acquisition; California finalizes corporate climate reporting regulations; JPMorgan recalibrates sustainable finance strategy to balance emissions reduction and energy security; TNFD, SBTN release new nature…

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Google, Stripe, Shopify Sign Carbon Removal Deal with CO2-Into-Rock Startup 44.01

Carbon removal buyer coalition Frontier announced new offtake agreements with carbon sequestration technology company 44.01, on behalf of purchasers including Stripe, Google and Shopify, alongside Autodesk, H&M Group and Workday, based on 44.01’s process to turn CO2 into rock. The…

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Over 800 Companies Commit to TNFD-Aligned Nature Reporting Ahead of New ISSB, ISO Standards

The Taskforce on Nature-related Financial Disclosures (TNFD) revealed that more than 800 companies and financial institutions across 57 countries have now committed to corporate reporting aligned to the TNFD recommended disclosures, marking a 14% increase in TNFD adopters in less…

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AEP to Build $4 Billion Fuel Cell Project to Supply Low-Carbon Power to Google

Ohio-based electric utility American Electric Power (AEP) announced a $4 billion investment to develop a 702 MW fuel cell power generation facility near Cheyenne, Wyoming, under a 20-year power purchase agreement (PPA) with Google, aimed at supporting the technology company’s…

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In-House Research, Engagement Overtake ESG Ratings as Investors’ Top Sustainability Tools: Survey

Investors are increasingly turning to internal resources to gauge companies’ ESG performance, with in-house research and engagement with companies overtaking ESG ratings as a top source of information on corporate ESG performance, as perceived quality and trust in ESG ratings…

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