In-Brief
SBTi : net zero standard aimed at ‘sweet spot between climate science and business reality’
The second draft corporate net zero standard is open for public consultation until 8th December
Apollo acquires 50% stake in Ørsted’s Hornsea 3 wind farm
La Caisse and PSP Investments are co-investors in the $6.5bn transaction
Net Purpose acquires SDI Asset Owner Platform in bid to accelerate SDG-driven investing
The new platform will provide SDG-related data to investors with over $40tn under management
Wood Mackenzie’s ‘most likely’ scenario projects 2.6°C of warming by 2060
The research also shows no major economy on track to meet 2030 targets
NYC Comptroller hails ‘clear and decisive’ victory in fossil fuel divestment lawsuit
New York’s highest court has dismissed a leave to appeal in Wong et al v. NYCERS
APG announces €300m growth equity investment in energy storage provider Return
The investment was made on behalf of Dutch pension fund ABP
CIP sells 50% stake in 500MW energy storage project
The project, Coalburn 2, is one of three BESS assets being constructed by CIP in Scotland
