Day: 3 June 2025

Pension schemes are pulling ahead of businesses on ESG

Stuart Mitchell

Pension schemes are leading the way, ahead of scheme sponsors, when it comes to progress on ESG factors, according to new research from LawDeb. The research challenged finance leaders in private sector companies with DB pension schemes to rank who was leading the charge on different elements of ESG: the scheme and its trustees, or the business and its executives. In some areas, both parties are relatively aligned – for example, a third of leaders (34%) think both the scheme and business are leaders in diversity ambitions. But around the…

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New Verra Methodology Supports Coal Phase-Out and Just Energy Transition

Stuart Mitchell

Verra has launched a cutting-edge methodology that enables the early retirement of coal-fired power plants and supports their replacement with new renewable energy. This paves the way for the clean generation of high-integrity transition credits, while ensuring that this transition is just, delivering social and economic support to affected workers and communities. Verified Carbon Standard (VCS) methodology VM0052 Accelerated Retirement of Coal-Fired Power Plants Using a Just Transition quantifies the climate benefits of early coal retirement by comparing actual emissions to what a plant would have emitted over its expected lifetime.…

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California Water Service Group Details Progress to Reduce Environmental Footprint, Enhance Corporate Citizenship in 2024 Sustainability Report

Stuart Mitchell

In its 2024 Sustainability Report and Analyst Download published recently, California Water Service Group (Group) highlights recent and ongoing emissions reductions, water quality and infrastructure investments, employee development opportunities, corporate responsibility efforts, and more. The 2024 Sustainability Report showcases progress made in Group’s four key focus areas, including:Protecting the planet Reducing Scope 1 and 2 greenhouse gas emissions by 23.5% over base year 2021. Spending almost $3 million on emissions-reducing energy solutions, such as LED lighting retrofits, EV charger installations, and new HVAC controls. Achieving a B- on both its…

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Teva’s 2024 Healthy Future Report Highlights Sustainability Progress, Including Surpassed Targets Linked to Financial Strategy

Stuart Mitchell

Teva Pharmaceutical Industries Ltd. have published its 2024 Healthy Future Report, sharing actions to advance its sustainability strategy. Teva achieved or surpassed many of its targets, some ahead of schedule. This includes targets tied to sustainable finance instruments, which directly connect its progress in increasing access to medicines and minimizing environmental impact to the Company’s financial success. Healthy Future is focused on topics most relevant to Teva’s business, supporting the Company in advancing its purpose—we are all in for better health—and enhancing its resilience. Healthy PeopleTeva launched two new access…

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Sonoco Releases 2024 Corporate Sustainability Report

Stuart Mitchell

Sonoco Products Company, a global leader in value-added sustainable packaging, today released its 2024 Corporate Sustainability Report, marking its transformation into a more sustainable packaging company following the acquisition of Eviosys, Europe’s leading metal packaging manufacturer. The union significantly enhances Sonoco’s sustainability footprint, global reach and circular packaging portfolio with an additional 6,300 new employees and 45 facilities across Europe, the Middle East and Africa. The Company is now a global leader in metal and fiber packaging, serving some of the best-known consumer and industrial brands, yielding measurable results toward…

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