Biden Announces $6 Billion Funding to Scale Industrial Decarbonization Projects
The Biden administration unveiled a series of initiatives aimed at reducing greenhouse gas emissions from the industrial sector. It includes funding of $6 billion in Industrial Demonstrations Program to accelerate decarbonization projects targeting hard-to-abate sectors. Read more
Kansas Anti-ESG Legislation Would Cost Pension Fund $3.6 Billion, According to State Budget Report
According to an analysis released by the Kansas budget division, the new proposed legislation prohibiting ESG investing in the state’s pension funds and blocking the state’s suppliers from integrating sustainability-focused factors in their operations, may cost the pension system, $3.6 billion in returns. Read more
EY and IBM Collaborate to Address Complex ESG Challenges and Drive Value-Led Sustainability
The EY organization and IBM announced a global collaboration to focus on environmental, social and governance (ESG) solutions that aim to help organizations accelerate business transformation with value-led sustainability. The teams will pursue innovative offerings that help integrate sustainability with business strategy and transform how value is created for the business, stakeholders, people and the planet. Read more