Vanguard Drops Out of Net Zero Asset Managers Initiative

Vanguard, one of the largest investment managers in the world, announced today that it is withdrawing from the Net Zero Asset Managers initiative (NZAM), a major multi-trillion dollar group of investment managers committed to supporting the goal of net zero greenhouse gas emissions by 2050. In a statement announcing the withdrawal, Vanguard said that the […]

Continue Reading
Posted On :

Crédit Agricole Launches Energy Transition Division to Coordinate Group-wide Actions

International banking and investment group Crédit Agricole announced the launch of Crédit Agricole Transitions & Énergies, a new business line aimed at coordinating and advancing the company’s energy transition actions and offerings. Crédit Agricole’s activities span corporate, investment and business banking, insurance, asset management, and other financial services through its brands that include Crédit Agricole […]

Continue Reading
Posted On :

JetBlue to Slash Per-Seat Emissions in Half by 2035

JetBlue announced a new commitment to reduce lifecycle emissions related to jet fuel by 50% per revenue tonne kilometer (RTK) by 2035, and provided a detailed outline of its plan to achieve net zero emissions by 2040, with a significant focus on low carbon solutions. JetBlue CEO Robin Hayes said that cutting emissions on half […]

Continue Reading
Posted On :

99% of Public Companies Expect to Invest in ESG Reporting Tech & Tools in Next 12 Months: Deloitte Survey

Executives at large U.S. companies are rapidly increasing sustainability reporting efforts, with nearly all actively investing in ESG data and reporting technology and assigning new ESG-focused roles internally, to meet rising stakeholder demand and approaching regulatory requirements, according to a new survey released by global professional services firm Deloitte. For its new “Sustainability Action Report,” […]

Continue Reading
Posted On :

PwC, SAP Collaborate on ESG Strategy & Reporting Solutions

Global professional services firm PwC and leading enterprise application software company SAP announced the joint launch of a new co-innovation strategy aimed at providing solutions for key ESG business challenges, ranging from sustainability reporting and carbon measuring to supply chain decarbonization and net zero strategies. The new collaboration comes as both organizations work to ramp […]

Continue Reading
Posted On :

Guest Post: 3 Guiding Pillars for Companies Looking to Create an Effective Climate Transition Plan

With continued calls from numerous stakeholders and the evolving regulatory environment, companies have a sizeable opportunity to create and implement effective climate transition plans. At last year’s COP26 climate conference, the U.K. government released a requirement for all listed companies, asset managers and regulated asset owners to publish climate transition plans by 2030. Meanwhile, the […]

Continue Reading
Posted On :