Tagged: climate

March 9, 2024 @ 12:04 pm By Omar Faridi  |  

Klarna, a global payments provider, has announced its significant sustainability achievements from the past year. In 2023, Klarna claims it saw “a significant uptick in the use of its features that provide consumers with information about the sustainability efforts of merchants and promote conscious shopping,… Read More

March 6, 2024 @ 3:52 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has adopted new climate disclosure rules that fall under the ESG sector [environmental, social, and governmental]. The new rules will require reporting companies to disclose their environmental impact, a process that is difficult to measure accurately and will vex… Read More

February 29, 2024 @ 8:14 am By Omar Faridi  |  

Swedbank has signed the Poseidon Principles, a global framework for integrating climate considerations into lending decisions within ship finance. By signing, Swedbank enhances its ability to “support and influence the continued decarbonization efforts of the shipping industry.” The Poseidon Principles provide “a standardised methodology for… Read More

January 30, 2024 @ 10:56 pm By Omar Faridi  |  

HeavyFinance, a climate tech investment marketplace, has successfully financed €50 million in agricultural loans across Europe. This significant sum has been allocated “across the current markets where HeavyFinance operates, including Bulgaria, Latvia, Lithuania, Poland, and Portugal.” The €50 million has been “distributed across almost 1,700… Read More

January 19, 2024 @ 2:12 pm By Omar Faridi  |  

Barclays has relaunched its Cambridge Eagle Lab with a renewed focus on “helping high growth climate tech startups to connect, grow and scale.” The site has undergone a significant retrofit, “with the goal of reducing its carbon emissions by 90 per cent compared to 2018.”… Read More

January 16, 2024 @ 3:21 pm By Omar Faridi  |  

The proportion of CEOs who believe global economic growth will improve over the next 12-months has more than doubled year-on-year, according to an update shared by PwC. At the same time, the proportion of CEOs concerned “about their long-term business viability has risen to 45%… Read More

January 7, 2024 @ 6:37 pm By Omar Faridi  |  

Heavyfinance CEO Laimonas Noreika has commented on how far the HeavyFinance has come in just a year, and the strides they’ve made in “advancing sustainable agriculture and climate-conscious investments.” The Heavyfinance CEO said that the year commenced with a key achievement — securing €3 million… Read More

September 9, 2023 @ 3:47 pm By Omar Faridi  |  

Concordium, the Layer 1 science-backed blockchain creating a safer digital world, has announced an integration with Aqualibre, a carbon offset project that offers high-quality carbon offsets for business and enterprise. Aqualibre will adopt Concordium’s Agora Impact Marketplace tooling, “an infrastructure for scaling safe and transparent… Read More

May 30, 2023 @ 9:52 pm By Omar Faridi  |  

UrbanChain announced that it has raised a £5.25m Series A round led by global investment firm Eurazeo through its venture expertise dedicated to the Climate and Smart City space. Launched in 2017, the Manchester headquartered energy technology company “runs the a peer-to-peer (P2P) energy exchange… Read More

May 1, 2022 @ 4:27 pm By JD Alois  |  

The Securities and Exchange Commission is currently pursuing new rules under the auspices of ESG: Environmental, Social, and Governance. In March of 2022, SEC Chairman Gary Gensler explained they were aiming to require disclosure for firms on issues such as climate impact. He explained: “The… Read More

August 1, 2021 @ 11:48 am By Omar Faridi  |  

The Open Earth Foundation has reportedly been awarded a Chainlink Grant to develop am open-source, planetary CO2 concentration Oracle. As mentioned in the announcement, Climate impacts everyone, from multinational corporations overseeing complex supply chains to individual farmers “managing unpredictable crop yields.” While the totality of… Read More

April 21, 2021 @ 10:51 pm By Omar Faridi  |  

The UK’s Financial Conduct Authority (FCA) has appointed Sacha Sadan to serve as its Director of Environment, Social and Governance (ESG). Ian Alderton has been appointed by the financial regulator as Chief Information Officer while Ian Phoenix will work as Director, Intelligence and Digital. Nikhil… Read More

February 14, 2020 @ 7:50 am By Samantha Hurst  |  

Standard Chartered, a UK-based multinational banking and financial services company with $688 billion in assets, announced on Thursday it has joined forces with the Imperial College Business School for a new climate risk management partnership.   According to Standard Chartered, the collaboration aims to discover new… Read More