Today’s ESG news includes UEFA’s sustainability focus for Women’s Euro 2025, UAE’s drive for sustainable practices, Morgan Stanley’s carbon capture partnership with Climeworks, and the rising importance of ESG compliance in global investment deals.
UEFA aims to set new ESG benchmark with women’s EURO 2025 in Switzerland
The proposed ESG strategy for Women’s Euro 2025 is structured around 11 action areas and 91 initiatives and aims to reduce environmental impact while safeguarding individual rights. Therefore, the strategy includes free public transport for ticket holders to promote environmental sustainability and aims to provide rapid response measures against discrimination. In collaboration with the Swiss government and host cities, UEFA aims to involve fans in the efforts and will issue an ESG report to track progress.
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Further reading: UEFA Women’s EURO 2025 ESG-Strategy
UAE businesses target climate resilience by increasing ESG compliance
The UAE is advancing ESG integration to enhance sustainability amid economic transformation. Learning from global ESG practices, the UAE wants to create supportive regulations promoting transparency. The use of data and technology is a crucial element in enabling businesses to assess climate risks and track ESG progress. While this can be a challenging task, the latest AI-driven ESG rating software can ensure that your company’s sustainability efforts are fully accounted for.
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Further reading: The path to sustainable business through ESG compliance
Morgan Stanley backs Climeworks’ U.S. expansion with carbon capture partnership
Morgan Stanley’s partnership with Swiss-based carbon capture firm Climeworks aims to support its U.S. expansion. Further supported by the DOE, Climeworks is set to store up to a megaton of CO₂ through Project Cypress in Louisiana. On the flip side, the partnership will help advance Morgan Stanley’s $1 trillion commitment to sustainable finance by 2030.
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Further reading: IBM’s ESG Suite Secures Approval to Aid Federal Agencies in ESG Data Management
ESG compliance is a new must-have in dealmaking strategy
As global ESG regulations become more stringent, dealmakers must consider ESG factors in acquisitions and investments. New EU and US laws require companies to monitor and disclose ESG impacts, meaning sponsors need to assess a target’s compliance frameworks to avoid implications for their own reporting obligations. The relatively new ESG landscape, including the EU’s due diligence directive and anti-ESG movements in the US, proves to be a challenge in the law sector. To keep track of ESG regulation changes and the implications for their business industry leaders use sustainability reporting software.
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Further reading: ESG-Related Due Diligence Is Paramount for Financial Investors
Editor’s Note: The opinions expressed here by the authors are their own, not those of impakter.com — Cover Photo Credit: Khushi Soni
