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Category Archives: ESG NEWS RSS

Maersk’s ECO Delivery Solution Helps Nestlé Cut Ocean Logistics Emissions by Over 80%

Nestlé, the world’s largest food and beverage company, is cutting its ocean logistics greenhouse gas (GHG) emissions by using Maersk’s ECO Delivery solution for 100% of its ocean containers shipped by Maersk in 2023, with an option to extend this agreement into 2024 and beyond. The seaborne emissions of these transports are being reduced by […]

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Arab Coordination Group Announces $10 Billion Energy Transition Plan at COP 28

In a continued effort to address the global climate crisis, the Arab Coordination Group (ACG), a strategic alliance of regional and international development institutions, announced at COP 28 in Dubai, UAE, a comprehensive plan to support an inclusive, affordable and equitable energy transition in developing countries. The 7-point strategic initiative outlines the deployment of US$10 […]

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FAB Commits $135 Billion to Green Finance by 2030, Increasing Sustainable Investment

FAB expands its target to include transition financing and early stage innovation Group has facilitated over AED100 billion (USD27 billion) in financing renewable energy, wastewater, green buildings and other areas since 2021 Commitment represents more than half of the combined AED1 trillion (USD270 billion) sustainable finance pledge made by UAE banks at COP28 FAB promises […]

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MAS Releases Code of Conduct for ESG Rating and Data Product Providers

The Monetary Authority of Singapore (MAS) published its finalised Code of Conduct for ESG Rating and Data Product Providers (“CoC”) and an accompanying Checklist for providers to self-attest their compliance to the CoC (“Checklist”), following a public consultation conducted from June to August 2023. The CoC aims to establish baseline industry standards for transparency in […]

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Bloomberg Expands ESG Offerings with Innovative Green Bond Indices

Bloomberg announced the launch of new green-tilted fixed income indices, which seek to increase weighting to green bonds in some of Bloomberg’s flagship indices such as the Global Aggregate, Treasury and Corporate Indices.    The “tilted” indices incorporate research from Bloomberg’s ESG and fixed income data teams and offer investors an opportunity to incorporate and increase exposure […]

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TotalEnergies and Masdar’s Test Flight Pioneers Methanol-to-SAF Conversion at COP28

The first test flight to demonstrate the potential for converting Methanol to SAF (Sustainable Aviation Fuel) has taken place in Dubai on the sidelines of COP28 in the UAE. Masdar, TotalEnergies, the UAE General Civil Aviation Authority, Airbus, Falcon Aviation Services and technology licensor Axens all contributed to the successful flight. The Alcohol-to-Jet Synthetic Paraffinic […]

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Ashley Black Announces 31 Days of “My Favorite Things” Holiday Specials – up to 80% off! – PROMOTION

Ashley Black, Female Owned  Ashley Black, Female Run Ashley Black, Net-zero by 2024 Ashley Black, Recycled Plastics  31 curated kits for everything from cellulite to sports recovery, to our facelift facial at up to 80% off. Ashley Black, inventor of the FasciaBlaster tools, announces 31 days of “My Favorite Things” holiday product specials. The curated […]

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Deloitte Partners with Leading Academic Institutions for Enhanced Sustainability Training

Programs by MIT Sloan, NYU Stern, and most recently, Arizona State University combine with Deloitte’s own Learning and Development training to form a comprehensive suite of climate change and sustainability offerings for U.S. Deloitte professionals Deloitte announced expanded collaborations with renowned academic institutions, including MIT Sloan School of Management, NYU Stern Executive Education and Center for Sustainable Business, […]

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CIP Launches $3 Billion Clean Energy Growth Markets Fund

The fund is focused on investment in greenfield renewable energy infrastructure in high growth middle-income markets and is expected to enable more than 10 GW of clean energy Copenhagen Infrastructure Partners (CIP) announced the launch of its Growth Markets Fund II (GMF II), during the 2023 United Nations Climate Change Conference (COP 28) in Dubai. […]

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Iberdrola, Masdar to Invest €15 Billion in Offshore Wind and Green Hydrogen Projects Globally

Following the successful investment agreement in Baltic Eagle in Germany, the first milestone of this alliance is a co-investment in the 1,400 megawatt (MW) East Anglia 3 offshore wind project in the UK. At COP28 in Dubai, global green energy giants Iberdrola and Masdar announced a €15 billion strategic partnership agreement to evaluate the joint development of offshore […]

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