Britain has designated a plan to build a subsea cable carrying renewable energy from Morocco as a project of “national significance”, which could help smooth planning hurdles. Xlinks, a company chaired by former Tesco (TSCO.L)...
Reuters
Three-Quarters of firms globally are not ready for new ESG rules, KPMG finds
Three-quarters of companies globally are not ready to have their environmental, social and governance (ESG) data audited externally months before new regulations kick in, according to a new report from KPMG published on Tuesday. Stricter...
DWS to pay $25 mln to end US probe into greenwashing, other issues
Deutsche Bank-controlled (DBKGn.DE) investment firm DWS will pay $25 million to settle charges over misstatements regarding its environmental, social, and governance (ESG) investing and failures in policies designed to prevent money laundering, U.S. regulators said...
Investors Call on ISS to Overhaul Its Net-Zero Proxy Advice
More than 30 investors have called on proxy advisor ISS to improve the guidance it gives to clients wanting companies to decarbonise faster, saying its policies had failed to keep pace with rising climate change...
Brazil Aims to Raise $2 Billion in ESG Sovereign Bonds in September
Brazil is set to issue around $2 billion in its first sustainable sovereign bonds in September, a senior Finance Ministry official said on Thursday. “In the upcoming month, the world will be closely observing and...
Norway: World’s Biggest Floating Wind Farm Will Power Oil and Gas Platforms
Oil giant Equinor is behind the project, but renewables still make up only a tiny fraction of its total energy production. The world’s biggest floating wind farm has officially launched today off the west coast...
Australia’s Aboriginal Groups Gaining Bigger Voice in New Energy Deals
Australia’s Indigenous groups are taking equity stakes in the growing renewable energy industry as they seek to protect their community interests, prevent encroachment and obtain a bigger share of the profits in what is built...
China To Set Up Solar, Wind Recycling System As Waste Volumes Surge
China, the world’s biggest renewable equipment manufacturer, will set up a recycling system for ageing wind turbines and solar panels as it tries to tackle the growing volumes of waste generated by the industry, the...
India’s Steelmaking Goals Risk Quadrupling Emissions Unless it Pursues Net-Zero Goals, Report Says
India’s plans to build out coal-powered steelmaking capacity will quadruple emissions from 2021 to 2050 unless it takes significant steps to meet its 2070 net zero goal, U.S.-based think tank Global Energy Monitor (GEM) said...
UN body calls for more investment in renewable energy for developing states
The United Nations trade body on Wednesday called for support for developing countries in attracting investments in renewable energy to ensure their transition to cleaner energy sources. International investment in renewable energy has nearly tripled...