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 […]

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5 Essential Things Employees Can Teach Leaders About Growth, Success and Happiness

Opinions expressed by Entrepreneur contributors are their own. In the era of entrepreneurship and business ownership, many aspiring leaders focus on collecting as much knowledge as possible in terms of running a company or maintaining dazzling team performance. Everyone wants to be the best version of themselves when it comes to professional growth and development. […]

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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 […]

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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 […]

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Blackstone-Backed Legence Acquires Commercial Real Estate Sustainability Consultancy LORD Green Strategies

Blackstone-owned energy transition accelerator Legence announced the acquisition of commercial real estate-focused sustainability consultancy LORD Green Strategies, with plans to merge it with its existing CRE sustainability consultancy portfolio company RE Tech Advisors. According to Legence, the transaction will create “one of the largest ESG consultancies in North America.” Legence CEO Jeff Sprau said, “As Legence […]

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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,” […]

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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 […]

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Ontario Teachers’ Pension Plan Appoints Anna Murray as Global Head of Sustainable Investing

Ontario Teachers’ Pension Plan Board (OTPP), one of Canada’s largest investors, with over $240 billion in assets under management, announced today the appointment of Anna Murray as Senior Managing Director and Global Head of Sustainable Investing. Murray joins OTPP from Sun Life Capital (SLC), where she has been serving as Global Head of ESG, responsible for […]

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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 […]

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JetBlue Signs Deal to Buy “Carbon Negative” Sustainable Aviation Fuel

JetBlue announced today an agreement with Fidelis New Energy to purchase 92 million gallons of sustainable aviation fuel (SAF), produced using biomass energy and incorporating carbon capture and storage to achieve negative lifecycle carbon intensity. According to the companies, the SAF is expected to be delivered over a five-year term with a targeted start date of […]

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Methane Detection Tech Provider LongPath Raises $22 Million

Emissions detection and quantification technology provider LongPath Technologies announced that it has raised $22 million in a Series A funding round aimed at scaling deployment of its methane monitoring platform. Reducing methane emissions has taken center stage in the fight to address climate change in recent years. Methane, emitted from activity such as agriculture, fossil […]

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