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Category: Climate
IFRS Foundation Publishes Climate-Based Illustrative Examples for Financial Statement Uncertainty The IFRS Foundation has released a near-final draft of six illustrative examples demonstrating how companies can apply IFRS Accounting Standards...
• F1 slashed its carbon footprint by 26% from 2018 levels by end-2024• Reduction achieved despite expanded race calendar and global fan growth• Sustainable fuel, logistics upgrades, and factory renewables...
Enbridge Inc. has reached a final investment decision on Clear Fork, a 600-megawatt utility-scale solar project in Texas designed to supply clean energy to Meta Platforms, Inc. for its data...
• Three-year facility will fund clean energy projects in Illinois, Ohio, and Texas• Supports Sol Systems’ expansion as a top-tier independent power producer• Backed by major lenders including ING, Natixis,...
The African Development Bank (AfDB) has approved a €100 million (US$116.4 million) loan to Morocco to support the country’s inclusive, solidarity-based agriculture program—focused on women and youth empowerment, food security,...
1PointFive, a leading carbon capture, utilization, and sequestration (CCUS) company, announced a new carbon removal credit agreement with cybersecurity firm Palo Alto Networks. Under the agreement, Palo Alto Networks will...
Zelestra, owned by Swedish investment firm EQT, will invest between $1 billion and $1.5 billion in renewable energy infrastructure in Peru over the next five years, focusing on powering the...
As Scope 3 pressures mount and Science Based Targets initiative (SBTi)’s Corporate Net Zero Standard (CNZS) V2.0 takes shape, real-world insetting case studies create a replicable path forward. In the...
CarbonBlue has launched the Midway pilot project—an industry-first system that integrates carbon dioxide removal (CDR) directly into a functioning brackish water desalination plant in Ma’agan Michael, Israel. This breakthrough marks...
Vaulted Deep has signed a landmark agreement with Microsoft to deliver up to 4.9 million tonnes of durable carbon dioxide removal by 2038, representing the second-largest carbon removal deal on...
European banks have made notable progress in identifying, managing, and mitigating climate and nature-related risks, according to Frank Elderson, Vice-Chair of the ECB Supervisory Board. However, he cautioned that more...
Benchmark Gensuite, in collaboration with GIST Impact, has launched a Sustainability and Climate Risk Management Solution, designed to help global enterprises quantify and manage climate-related risks across their operations and...
The UK government has unveiled a comprehensive reform package to modernize the electricity market, confirming a decision to retain a single national pricing model while introducing strategic reforms aimed at...
PepsiCo and Cargill have announced a strategic collaboration to accelerate regenerative agriculture practices across 240,000 acres of Iowa farmland by 2030, focusing on their shared corn supply chain. “This partnership...
Google has announced the world’s largest corporate clean energy agreement for hydroelectric power, signing a landmark deal with Brookfield Asset Management to secure up to 3,000 megawatts (MW) of carbon-free...
In the presence of His Royal Highness Prince Abdulaziz bin Salman Al Saud, Minister of Energy, ACWA Power, the Water and Electricity Holding Company (Badeel), and Saudi Aramco Power Company...
Indian renewable energy company SAEL Industries Ltd announced plans to invest ₹82 billion ($954 million) in constructing a 5-gigawatt-per-year integrated solar cell and module manufacturing facility in Greater Noida, Uttar...
Envision, a global leader in green technology, has officially commissioned the world’s largest and most advanced green hydrogen and ammonia facility — the first to operate off-grid and fully powered...
ISS Sustainability Solutions, the sustainable investment arm of ISS STOXX, has launched a new Sovereign Climate Impact Report, designed to equip institutional investors, banks, and insurers with comprehensive tools to...
Microsoft and Carbon Direct have released the fifth edition of the Criteria for High-Quality Carbon Dioxide Removal (CDR), introducing robust standards for evaluating and scaling CDR technologies across nine pathways,...
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