The Principles for Responsible Investment (PRI) has published its 2030 EU Policy Roadmap, outlining key recommendations for European policy makers to accelerate private investment in the economic transition. The report presents...
Parliament has adopted its position on establishing a verification and pre-approval system for environmental marketing claims to protect citizens from misleading ads. The green claims directive would oblige companies to...
Parliament and Council reached a provisional agreement on revamped rules to reduce, reuse and recycle packaging, increase safety and boost the circular economy. The new measures aim to make packaging...
ISS-Corporate, a leading provider of compensation, governance, cyber risk monitoring, and sustainability offerings to help companies improve shareholder value and reduce risk, released an analysis of key themes, trends, and...
Dutch pension fund ABP aims to achieve €30 billion in investments by 2030 that yield double returns: financial and societal impacts, especially in areas like climate and biodiversity solutions. The...
The EU has long been the leading edge of sustainability policy – though some might quibble with their approach. But in recent months, European ESG policy has encountered growing opposition...
The failure of EU Member States to approve the Corporate Sustainability Due Diligence Directive (CSDDD) stalls the much-needed law that helps address the acute needs of people, the environment and...
Climate reporting to help companies ride the green transition All listed issuers to report from FY2025 and large non-listed companies from FY2027 The Accounting and Corporate Regulatory Authority (ACRA) and...
The new law sets a target for the EU to restore at least 20% of the EU’s land and sea areas by 2030 and all ecosystems in need of restoration...
Unprecedented transport budget targeted at smaller cities, towns and rural areas will fund projects that matter most to local communities.From:Department for Transport, Prime Minister’s Office, 10 Downing Street, The Rt Hon Rishi...
There is new hope that the US Securities and Exchange Commission (SEC) will issue its long-awaited climate disclosure rule soon. A draft of the final rule has been circulated to...
A new report by DNV, the energy expert and assurance provider, paints a stark picture of the UK’s energy transition. While the UK has ambitious climate goals, the current pace...
The Environment Committee adopted its proposals to better prevent and reduce waste from food and textiles across the EU. On Wednesday, MEPs in the Environment Committee adopted their position on...
The Internal Market and Environment committees adopted on Wednesday their position on the rules on how firms can validate their environmental marketing claims. The so-called green claims directive complements the already-approved...
The Commission has published a detailed impact assessment on possible pathways to reach the agreed goal of making the European Union climate neutral by 2050. Based on this impact assessment,...
The U.S. Chamber of Commerce and several business groups filed a lawsuit against the state of California over its corporate climate disclosure laws. The U.S. Chamber of Commerce, along with...
The European Commission welcomes today’s adoption of strengthened rules on the use of fluorinated gases (F-gases) and ozone-depleting substances (ODS), which currently represent over 3 percent of the EU’s total...
023 “50 States of Recycling” report highlights the need for more accurate data, policy and infrastructure investment to improve statewide recycling rates. Eunomia Research & Consulting and Ball Corporation released an updated “50...
The SBTi has published a new Insurance Underwriting Industry Brief as a first step towards the development of a Financial Institutions Net-Zero Insurance Standard. The finance sector has tremendous potential...
There has been national and regional coverage on our proactive announcement about changes to Variable Monetary Penalties (VMPs). These are civil sanctions issued by the Environment Agency to companies and...
The collaborative effort to boost green finance between IFC and the Bank of the Lao PDR has been strengthened with a new cooperation agreement signed. This enhanced partnership aims to...
The ACCC has published eight principles to help businesses ensure any environmental marketing and advertising claims they make about their products or services are clear and accurate, and do not...
The Commission welcomes the provisional agreement reached today between the European Parliament and Council on updated EU rules to decarbonise the gas market and create a hydrogen market. The new rules will...
The Government of Canada has committed to cap and reduce greenhouse gas emissions (GHG emissions) from the oil and gas sector at a pace and scale necessary to contribute to...
China’s State Council on Thursday published an action plan to improve air quality amid the country’s effort to promote high-quality economic development. The plan contains a series of measures to...
Parliament and Council negotiators agreed on an update to the so-called “ecodesign” regulation that aims to improve various aspects of products throughout their lifecycle to make them more durable and...
As COP28 kicks off in Dubai, businesses, policymakers, and civil society are increasingly recognizing the profound impact of food systems on the world’s most pressing social and environmental challenges. Since...
Urgent action on climate can help Azerbaijan minimize the risks emerging from the global low-carbon transition and protect the living standards of its people, says the World Bank Group’s Azerbaijan Country Climate...
Global commitment to double the pace of efficiency improvements this decade is crucial as record heat and growth in energy-intensive industries boost energy demand Policy makers around the world expanded...
The new rules will reduce air, water and soil pollution, and steer large agro-industrial installations in the green transition. Late on Tuesday night, negotiators from the Parliament and Council reached...
Momentum behind carbon capture, utilisation and storage (CCUS) is reaching unprecedented levels, but implementation continues to lag behind, a new IEA report finds. With over 400 new carbon capture, utilisation...
ESG Book, a global leader in sustainability data and technology, released new research showing that companies in the United States and Canada are three times more likely to risk violating United Nations environmental standards...
On Thursday night, Parliament and Council reached a provisional agreement on revising EU procedures and control measures for waste shipments. The agreed law aims to protect the environment and human...
The primary goal is to make substantial reductions in carbon emissions in line with the Group’s Sustainability Roadmap. DHL Supply Chain is rolling out a global Green Transport Policy signaling...
The Environment Committee adopted its proposals to lower pollutant emissions and set battery durability requirements for passenger cars, vans, buses and trucks. The Committee on the Environment, Public Health and...
The Commission welcomes the provisional agreement reached by the European Parliament and the Council on strengthened rules to massively reduce greenhouse gas (GHG) emissions from fluorinated gases (F-gases) and ozone-depleting...
A failed energy transition might reduce global GDP by as much as $6 trillion per year by 2050. A group of institutional investors with over $11 trillion in assets under management, including Allianz...
The global Science Based Targets initiative (SBTi) has launched a new strategy to increase ambition in targets that corporations set to combat climate change. Until now, SBTi has called on firms to...
A new report identifies six solution areas that can essentially address the UN SDGs and can over-deliver relative to the targets if rolled out at scale across the world. The...
S&P Global Ratings has updated its analytical approach for use of proceeds Second Party Opinions (SPOs) following its December 2022 acquisition of Shades of Green from the CICERO climate research foundation. The...
Ecuador’s top court has suspended a decree that would have allowed environmental consultations prior to the licensing of industrial and mining projects. This has paralyzed investments worth $2 billion, according...
Maersk ECO Delivery reduces global greenhouse gas (GHG) emissions footprints through certified low emission fuel for ocean shipping as an alternative to fossil fuels A.P. Moller – Maersk and Amazon...
DHL Global Forwarding, DHL Group’s air and ocean freight specialist, is recording an increased demand in sustainable transport solutions based on the usage of sustainable fuels such as Sustainable Aviation...
The Policy takes strong stance on circularity and responsible production and consumption Leading Philippine digital solutions platform Globe has released its revised Environmental Sustainability Policy, underscoring the importance of circularity as...
MEPs approved new rules on more alternative fuel stations for cars and trucks, simple and easy recharging, and on cleaner maritime fuels. The new rules are part of the “Fit for...
The EU Parliament has adopted its position for negotiations with Council on rules to reduce pollution and steer large agro-industrial installations in the green transition. The European Parliament’s position on...
Final rule will implement 40% reduction starting in 2024 while advancing U.S. manufacturing and innovation The U.S. Environmental Protection Agency (EPA) announced the latest action to phase down the use...
MEPs approved plans, already agreed with Council, that set new energy saving targets for 2030, as part of the European Green Deal. The law will set energy-saving targets in both primary and final energy...
Member States of the International Maritime Organization (IMO), meeting at the Marine Environment Protection Committee (MEPC 80), have adopted the 2023 IMO Strategy on Reduction of GHG Emissions from Ships,...
The new Clean Truck Partnership agreement offers flexibility to address public health of Californians and the needs of fleet manufacturers that build the technology required for the transition to zero-emissions...
The EU Commission is proposing rules to make producers responsible for the full lifecycle of textile products and to support the sustainable management of textile waste across the EU. This initiative will accelerate the...
The report, adopted with 46 votes in favour, 41 against and 1 abstention, sets stricter 2030 limit and target values for several pollutants including particulate matter, NO2, SO2 and O3...
Final rule sets balanced biofuels growth from 2023 to 2025, reducing reliance on up to 140,000 barrels of foreign oil imports per day The U.S. Environmental Protection Agency (EPA) issued...
The Environment Committee put forward its proposals to make products in the EU more environmentally friendly, circular and energy efficient throughout their lifecycle. On Thursday, the Committee on the Environment,...
Canada is extremely well positioned to take advantage of the economic opportunities presented by the global race to net zero. It’s up to us as a country to make the...
All new government buildings in Norway should have solar panels from 2024 as part of a wider plan to expand the use of the technology, according to a budget deal...
The Biden administration has asked a federal judge to toss out a lawsuit by Republican-led states seeking to strike down a rule allowing socially-conscious investing by employee retirement plans. The...
On Thursday, Parliament adopted its position for negotiations with member states on rules to integrate human rights and environmental impact into companies’ governance. Companies will be required to identify, and...
Paris Mayor Anne Hidalgo said on Friday the city planned to ban single-use plastic when it holds the 2024 Olympic Games as part of efforts to tackle a global plastic...
On Wednesday, the Environment Committee adopted its position on EU rules to further reduce pollution and steer large agro-industrial installations in the green transition. The industrial emission directive (IED) lays down rules...
Industry-Wide Initiative Comes Amid Increased Investor ESG Activism and Upcoming ESG Requirements from the Securities and Exchange Commission (SEC) Utility owners must have a holistic view of cyber and non-cyber risk...
On Thursday, MEPs backed draft legislation to improve product labelling and durability and to put a stop to misleading claims. With 544 votes to 18 and 17 abstentions, plenary approved...
Legislature answers Governor’s call to action to combat government- and corporate-sanctioned activism and the environmental, social, and corporate governance (ESG) movement Governor Ron DeSantis signed comprehensive legislation to protect Floridians...
EU Parliament’s Environment and Industry Committees adopted their position on reducing methane emissions in the energy sector to reach EU climate goals and improve air quality. The new legislation, adopted...
On Tuesday, the EU Parliament and Council negotiators agreed to increase the uptake of sustainable fuels, such as advanced biofuels or hydrogen, in the aviation sector. A provisional deal, reached...
EU countries on Tuesday gave the final approval to the biggest revamp to date of Europe’s carbon market, which is set to make it more costly to pollute and sharpen...
New sustainable fund launches fell sharply in the first three months of 2023, led by a drop in Europe amid regulatory uncertainty and greenwashing concerns, Morningstar said. The estimated 113...
To fight climate change and biodiversity loss, the new law obliges companies to ensure products sold in the EU have not led to deforestation and forest degradation. While no country...
Australia said on Wednesday it would introduce new standards targeting vehicle emissions to boost the uptake of electric cars, as it looks to catch up with other developed economies. Just...
Building on rapid advancements and investments in clean vehicle manufacturing, including investments in domestic manufacturing in the Inflation Reduction Act, EPA’s proposed standards would deliver on President Biden’s agenda to...
Proposed technology standards would reduce hazardous air pollutants from coal-fired power plants, protecting public health and advancing environmental justice The US Environmental Protection Agency (EPA) proposed to strengthen and update...
The text agreed on Thursday with the Swedish Presidency aims to boost the deployment of renewable energy, in line with the Green Deal and REPowerEU plans. MEPs and the Swedish...
Initiatives Will Increase Offshore Wind Output, Prioritize Wind Energy Partnerships, and Create 15,000 Jobs Governor Wes Moore announced major offshore wind energy initiatives to build a more economically competitive state....
The EU Commission welcomes the political agreement reached between the European Parliament and the Council to boost the number of publicly accessible electric recharging and hydrogen refuelling stations in particular...
MEPs and the Swedish Presidency of the EU Council agreed on mandatory national targets for the deployment of infrastructure for alternative fuels for cars and trucks. A provisional agreement was...
EU Parliament and Council reached a deal on cleaner maritime fuels, asking to cut ship emissions by 2% as of 2025 and by 80% as of 2050, to help the...
The EU Commission is proposing common criteria against greenwashing and misleading environmental claims. Under the proposal, consumers will have more clarity, stronger reassurance that when something is sold as green, it actually is green, and...
U.S. President Joe Biden on Monday rejected a Republican proposal to prevent pension fund managers from basing investment decisions on factors like climate change, in the first veto of his...
British Columbia’s decision this week to toughen emissions standards for new liquefied natural gas (LNG) projects creates one of the most robust climate plans in North America, but sets a...
Governor Ron DeSantis and the governors of Alabama, Alaska, Arkansas, Georgia, Idaho, Iowa, Mississippi, Missouri, Montana, Nebraska, New Hampshire, North Dakota, Oklahoma, South Dakota, Tennessee, Utah, West Virginia, and Wyoming...
The EU Commission proposed the Net-Zero Industry Act to scale up manufacturing of clean technologies in the EU and make sure the Union is well-equipped for the clean-energy transition. This initiative was...
New law raises the EU carbon sinks target for the land use and forestry sector, which should reduce greenhouse gases in the EU in 2030 by up to 57% compared...
EU Parliament adopted draft measures to increase the rate of renovations and reduce energy consumption and greenhouse-gas emissions on Tuesday. The proposed revision of the Energy Performance of Buildings Directive...
The EU Commission has proposed to reform the EU’s electricity market design to accelerate a surge in renewables and the phase-out of gas, make consumer bills less dependent on volatile fossil fuel prices, better protect...
The Commission welcomes the provisional agreement reached this morning with the European Parliament and the Council to reform and strengthen the EU Energy Efficiency Directive. This deal marks a further step in...
EU negotiators on Tuesday struck a deal creating the first best in class standard for the issuing of green bonds. The “European Green Bonds Standard” (EUGBS), which companies issuing a...
On Wednesday members of the Committee on the Environment, Public Health and Food Safety (ENVI) adopted their position on revising the EU’s legislative framework on fluorinated gases (F-gases) emissions with 64 votes...
Washington state is holding its first carbon-allowance auction on Tuesday, marking a key step forward in a statewide program that will impose a limit on greenhouse gas emissions and make...
India will exclude renewable power companies from government contracts for between three and five years if they do not meet project completion deadlines, a government order seen by Reuters shows,...
Burgeoning urbanization, technology advancements and emphasis on sustainability have opened avenues of growth in the smart cities industry. ESG policies have received an uptake as cities continue to grow in...