HSBC to Exit Coal Investments
HSBC Asset Management unveiled a new policy to phase out its investments in coal-fired power and thermal coal mining. It plans to exclude thermal coal companies in EU and OECD countries from its active funds by 2030, and globally by 2040. For which the company will ramp up engagement with companies transitioning away from thermal coal.Read more
PwC Appoints Will Jackson-Moore as Global ESG Leader, Anticipates 10x ESG Revenue Growth
PwC announced the appointment of Will Jackson-Moore as its new Global ESG Leader, to assist them to upgrade and make company’s ESG practice and capabilities superior. PwC stated that it is planning for ESG revenues to grow ten-fold over the next four years.Read more
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Brookfield set to multiply India green power capacity
Brookfield is planning to increase its renewable energy capacity in India, which will also help corporates in transition towards decarbonization. It currently has $1 billion of renewable assets under management in India. Read more