ESG Currents

With emissions hitting record highs, carbon dioxide removal is shifting from theoretical climate solution to commercial necessity. In this episode of ESG Currents, Bloomberg Intelligence Director of ESG Research Eric Kane speaks with AirMyne’s co-founder and COO, Mark Cyffka, and its CCO, Jan Huckfeldt, about the startup’s low-cost, scalable approach to direct air capture (DAC). They discuss why simplicity and heat efficiency are critical to scaling DAC, how waste heat from data centers can fuel removals and what sets the company’s liquid-based system apart from legacy approaches. The trio also unpacks why investors should care now despite high prices and the policy frameworks necessary to unlock the emerging market’s full potential. For more insights, click here to register for BI ESG’s June 4 virtual conference, COP 29.5. This episode was recorded on May 8. See omnystudio.com/listener for privacy information.

"Climate risk is financial risk; investors who aren't addressing that risk are at risk themselves," says Rebecca Mikula-Wright, CEO of the Asia Investor Group on Climate Change. Among Asia's biggest institutional investors, a growing number now track or target investments in climate solutions, conduct physical-risk assessments and engage investee companies to reduce portfolio risks, recognizing climate change as a major risk to long-term returns. Mikula-Wright discusses these issues with Conrad Tan, Bloomberg Intelligence ESG integration analyst for APAC, in this edition of ESG Currents. They also examine newer areas of focus including how investors are working to integrate nature and social risk into their capital allocation and engagement strategies.See omnystudio.com/listener for privacy information.

"Many UAE banks have seen sustainable finance as a profit center", says Vijay Bains, Group Chief Sustainability Officer and Head of ESG at Emirates NBD. In this episode of ESG Currents, Grace Osborne, BI’s ESG integration analyst for EMEA, speaks with Bains about the rising momentum of sustainable finance in the GCC and its intertwinement with the region's economic diversification plans. With UAE's national banks' pledging to mobilize AED 1 trillion in sustainable finance by 2030, alongside strengthened Nationally Determined Contributions, opportunities for capturing sustainable value creation are mounting. From water scarcity solutions to green building initiatives, the GCC is scaling its sustainability ambitions at a time where other regions in the world appear to be stepping back. This episode was recorded on May 1, 2025.See omnystudio.com/listener for privacy information.

As climate change accelerates water scarcity, investors are eyeing scalable solutions with environmental integrity. In this episode of ESG Currents, BI’s director of ESG research Eric Kane and senior ESG associate Melanie Rua speak with OceanWell CEO Robert Bergstrom about a subsea desalination product that uses deep-ocean pressure to cut energy use by up to 40% while protecting marine ecosystems. Bergstrom outlines OceanWell’s phased road map, including pilots and global scaling, and makes the investment case for water infrastructure, citing research showing a $7 return for every $1 invested. The episode explores why valuing water appropriately is key to driving innovation, policy and climate resilience. Recorded April 23.See omnystudio.com/listener for privacy information.

"It’s very important to understand that we need to deliver sustainability, not simply be passionate about it," says Eric Lim, managing director and chief sustainability officer at United Overseas Bank, our first guest from Asia on the ESG Currents podcast. Lim joins Conrad Tan, Bloomberg Intelligence’s ESG integration analyst for Asia-Pacific, to discuss what the ESG backlash means for companies' sustainability efforts, the role of banks in driving sustainable practices in different industries, and the nature-climate nexus and business dependencies on natural capital. They also talk about the importance of aligning with ecosystem partners to enhance impact in a region spanning myriad political structures and development priorities. This episode was recorded on April 2, 2025.See omnystudio.com/listener for privacy information.

Reducing greenhouse-gas emissions remains the top priority in addressing climate change. However, it’s increasingly clear that these efforts must be complemented by greenhouse-gas removal. The extent needed is difficult to pin down, but a recent report, Scaling Technological Greenhouse Gas Removal: A Global Roadmap to 2050, by the Bezos Earth Fund and the Rocky Mountain Institute is anchored around the idea that we need to achieve 10 gigatons in annual technological extraction by 2050. Noel Bakhtian, director of Technology Acceleration and lead of the GHG Removal Initiative at the Bezos Earth Fund, and Rudy Kahsar, principal for Climate-Aligned Industries at the Rocky Mountain Institute, join BI director of ESG research Eric Kane on this episode of ESG Currents. They discuss the road map and many of the steps needed to achieve this massive increase in scale from less than 1 megaton of removals currently. The episode was recorded on March 25.See omnystudio.com/listener for privacy information.

In the current political climate, corporate executives must address environmental, social and governance challenges with real authenticity while never losing sight of the strategic needs of their organizations. On this week’s episode of ESG Currents, Bloomberg Intelligence Senior ESG Analyst Rob Du Boff speaks with Amy Brachio, Global Vice Chair of Sustainability at EY and co-chair of the S30, a community of chief sustainability officers from some of the world’s most influential companies. They discuss how enterprises can better integrate sustainability into their core business to gain a competitive advantage — from the C-suite down to new employees. This episode was recorded on March 17. See omnystudio.com/listener for privacy information.

AI’s role in climate is often framed around increased energy use and emissions, but what if it could help solve the crisis? In this episode of Bloomberg Intelligence’s ESG Currents, we explore how Amazon Web Services is helping foster AI-driven climate-tech companies, including through the Compute for Climate Fellowship. AWS’ Head of Climate Tech Business Development, Startups and Venture Capital Lisbeth Kaufman joins BI director of ESG research Eric Kane to discuss how she drew inspiration from The Toxic Avenger, and highlights real-world applications of computing and AI in fusion energy, crop yields, pest mitigation and textile production. This episode was recorded on March 17. Learn more about the climate-tech startups discussed or apply for the fellowship here.See omnystudio.com/listener for privacy information.

Sustainable-debt issuance reached $1.63 trillion in 2024, and though regulation has been critical to driving the growth of sustainable-finance markets, it risks being a distraction if it’s too onerous. The key will be focusing on the 20% of metrics that drive 80% of the impact on our investment decisions, says Dr. Arthur Krebbers, managing director and head of Corporate Climate and ESG Capital Markets at NatWest. In this episode of ESG Currents, Bloomberg Intelligence director of ESG research Eric Kane and ESG analyst Grace Osborne are joined by Dr. Krebbers to discuss the evolving sustainable-finance landscape. The discussion ranges from the role of labeled debt to environmental alpha and the quest for measurable impact as transition finance comes into focus and new products emerge to shape the future of the industry. This episode was recorded on Mar. 5.See omnystudio.com/listener for privacy information.

As concerns about water quality and scarcity have gained attention, legal and regulatory developments have particularly targeted the removal of PFAS, also known as forever chemicals, which could prove a $300 billion market opportunity in the US. In this episode of ESG Currents, Bloomberg Intelligence senior analysts Gail Glazerman and Scott Levine speak with Oxyle’s CEO and co-founder Fajer Mushtaq about the drivers of PFAS removal, the challenges associated with addressing forever chemicals and Oxyle’s technology. This episode was recorded on Feb. 26.See omnystudio.com/listener for privacy information.