On Wednesday, Parliament gave a final green light to new rules obliging firms to mitigate their negative impact on human rights and the environment. The European Parliament approved with 374...
The IFC-facilitated Sustainable Banking and Finance Network (SBFN) has unveiled its 2024 Global Progress Brief and launched the innovative SBFN Data Portal, offering the most comprehensive benchmarking of sustainable finance trends and initiatives...
The global wind industry installed a record 117GW of new capacity in 2023, making it the best year ever for new wind energy. Despite a turbulent political and macroeconomic environment,...
Key Impact Points: Small and medium-sized enterprises (SMEs) are increasingly recognizing the urgency of addressing climate change, but a recent report sheds light on the significant hurdles they face in...
Final rule will reduce the number of people with elevated cancer risk by 96% in communities near plants that emit ethylene oxide and chloroprene, advancing President Biden’s Cancer Moonshot Initiative...
New guidance published on production of hydrogen from water using electrolysis The Environment Agency has published guidance on emerging techniques for the production of hydrogen from water using electrolysis. The guidance – developed...
Congressman Greg Murphy, M.D. introduced the Safeguarding Investment Options for Retirement Act, legislation to prohibit tax-advantaged retirement plan trustees from considering factors other than financial risk and return when making...
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, launched a consultation on Draft Regulatory Technical Standards (RTS) related to the registration and supervision of external reviewers...
Europe continued its leadership in sustainability policy with the approval of the Corporate Sustainability Due Diligence Directive (CS3D) late last week. The new policy requires companies to identify and mitigate...
The U.S. Environmental Protection Agency announced final national pollution standards for passenger cars, light-duty trucks, and medium-duty vehicles for model years 2027 through 2032 and beyond. These standards will avoid...
The District Court of Amsterdam has found KLM’s greenwashing in its advertising illegal, setting a major legal precedent with ramifications across the international aviation sector and for all companies advertising...
Climate change has arrived, with severe impacts emerging at lower temperatures than expected. The distribution has shifted – historic tail risks are now expected. ‘Climate Scorpion – the sting is...
JX Nippon Oil & Gas Exploration Corporation (“JX”; President & CEO: Toshiya Nakahara) and Chevron New Energies, a division of Chevron U.S.A. Inc., have signed a Memorandum Of Understanding (“MOU”)...
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...