Social value and the energy sector
Nathan Goode, Chief Strategy Officer, Social Value Portal takes a close look at the energy sector and maintains that embedding social value would provide a solution to the current crisis.
GFANZ wants to enhance and converge on PAMs ahead of COP27
GFANZ opens public consultation on guidance document assessing portfolio alignment with net zero targets for the financial sector, but accurate measurement of climate risks remains an obstacle for the sector. That makes agreement on, and standardisation of, portfolio alignment metrics (PAMs) critical to achieving net zero.
SMBC, Persefoni and IBM partner for better climate disclosures
SMBC, Persefoni and IBM Japan have joined forces to roll out a climate management and accounting platform in Japan for companies to better manage their carbon footprint and fulfil climate disclosure requirements.
How can CMAP solutions help Japan’s companies better manage climate risk?
Climate management and accounting platform (CMAP)'s are to play an increasing important role in the improvement of climate risk reporting around the world. Three market leaders have teamed up for the Japanese market.
Oil giant Saudi Aramco breaks records with whopping profits of $48.4 billion
Saudi Aramco posted the biggest quarterly adjusted profits of any listed company globally driven by high crude prices and production.
Deloitte leverages SAP tech to launch five sustainability solution offerings
Deloitte has developed new solutions to help companies to manage the disruption caused by the rapid pace of change needed to keep up with net zero transformations.
Aligning financial portfolios to net zero: what, how, and why
Portfolio alignment metrics (PAMs) are measurement systems that financial firms can use in order to assess the progress of their investments to decarbonise, as well as inform new investment activities to decarbonise their own portfolio and meet net zero targets.
Utility Global’s disruptive tech attracts $25 Million and a new CEO
Could Utility Global’s new waste to hydrogen technology make blue hydrogen sustainable?
Veolia agrees to sell Suez’s UK waste unit for £2.01 billion
Veolia Environnement agreed to sell Suez’s waste activities in Britain to Macquarie Group for 2.4 billion euros (£2.01 billion) after the country’s antitrust authority raised competition concerns.
Europe’s heatwaves slash crop yields and fuel price hikes
As Europe faces unprecedented heatwaves this summer, staple crops have been a victim of the hot and dry weather. A reduction in yield could push food prices up in an already fragile economy.