Today’s ESG Updates

• EU Renewable Push: Masdar acquires TERNA ENERGY for €3.2B, boosting EU’s 2030 Net Zero goals.
• Disinformation in Philippines: Fake accounts backing Duterte distort election conversations; 45% of profiles found fake.
• Dollar Dips, Gold Soars: Investors flee to safe havens amid U.S. economic concerns; gold hits $3,219/oz.
• Deadly Rains in India & Nepal: Nearly 100 dead since April 9; IMD warns of more unseasonal rain.

EU to hit record growth for renewable energy capacity in 2025

Masdar has acquired 100% of TERNA ENERGY, finalizing a €3.2B deal Greece’s largest energy transaction. This move strengthens Masdar’s presence in Europe’s renewable sector, advancing its 100GW global clean energy target by 2030. With TERNA’s projects in Greece, Bulgaria, and Poland, including a major 680 MW hydro project, the acquisition supports EU Net Zero 2050 goals. TERNA ENERGY will now operate as Masdar’s flagship European platform, following its delisting from the Athens Stock Exchange. Companies can rely on ESG solutions to stay updated on evolving reporting guidelines.

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Further reading: Masdar Completes €3.2 Billion TERNA ENERGY Acquisition

Fake social media network defends Duterte, fuels election disinformation in Philippines

A network of fake social media accounts defended ex-Philippine President Duterte after his ICC arrest, with a third of related posts on X identified as fake by AI firm Cyabra. The disinformation campaign, which could reach 54 million views, is also influencing upcoming elections. Cyabra found up to 45% of profiles discussing the polls were fake, creating an illusion of public support. Analysts warn of “digital warfare” and the growing sophistication of disinformation in the Philippines.

Photo Credit: Wikicommons

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Further reading: Exclusive: Fake accounts drove praise of Duterte and now target Philippine election

Dollar slumps as investors flee to safe havens amid U.S. economic jitters

The U.S. dollar slumped as investors fled to safe havens like gold, the Swiss franc, yen, and euro amid growing doubts about the U.S. economy. Gold hit a record high of $3,219.23, and the dollar index fell below 100 for the first time since July 2023. Trump’s tariff pause excluded China, fueling market uncertainty. Analysts say the sell-off reflects repatriation flows and weakening confidence in U.S. policies, with the 10-year Treasury yield nearing 4.50%.

Photo Credit: Wikicommons

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Further Reading: Dollar sinks to decade-low vs Swiss franc as US hit by loss of confidence

Deadly rains hit India and Nepal, nearly 100 Dead Since April 9

Nearly 100 people have died since April 9 due to heavy rain in parts of India and Nepal, with more unseasonal rainfall forecasted. The Indian Meteorological Department had issued a multi-hazard warning, citing heatwaves in the west and thunderstorms in the east and central regions. Bihar was hit particularly hard, with at least 64 rain-related deaths reported, according to the state’s disaster management department. Authorities remain on alert as weather disruptions continue across the region.

Photo Credit: Wikicommons

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Further reading: Nearly 100 killed after heavy rain in India, Nepal

Editor’s Note: The opinions expressed here by the authors are their own, not those of impakter.com — Cover Photo Credit: Wikicommons

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