Category: ESG Standards
Microsoft and Carbon Direct have introduced a new framework to elevate the credibility of environmental attribute certificates (EACs) used to decarbonize the concrete and steel industries—two of the most emissions-intensive...
The IFRS Foundation today launched the Jurisdictional Roadmap Development Tool, a key pillar of its Regulatory Implementation Programme, designed to guide jurisdictions in effectively adopting International Sustainability Standards Board (ISSB)...
The Science Based Targets initiative (SBTi) has released updated plans for its sectoral standards targeting the oil and gas, chemicals, and power industries—three of the largest global emitters. These updates...
Verra, the global leader in climate action and sustainable development standards, has joined the Singapore Sustainable Finance Association (SSFA) to advance climate initiatives in Southeast Asia. This partnership aligns Verra’s...
Collaborative Standards for Broader Sustainability CDP and 20 prominent landscape practitioner organizations have come together to establish four core criteria for impactful and scalable landscape initiatives. This collaboration marks a...
At COP29, the International Organization for Standardization (ISO) unveiled new ESG Implementation Principles to help organizations navigate the complex Environmental, Social, and Governance (ESG) landscape. These guidelines aim to simplify...
The International Auditing and Assurance Standards Board (IAASB) has officially published the International Standard on Sustainability Assurance 5000 (ISSA 5000), marking a significant step in standardizing sustainability assurance practices globally....
Robert Langrick of the CFA Institute offers an in-depth look at the world’s largest ESG training program for ESG and sustainable finance professionals! Snapshot: Robert Langrick of CFA Institute sat...
Candriam Launches ESG Equity Market Neutral Fund for Sustainable Growth Candriam has introduced its latest ESG-focused fund, the Candriam Equities L ESG Market Neutral Fund, designed to offer investors diversified...
The Science Based Targets initiative (SBTi) has released four technical documents, marking an early step in revising the Corporate Net-Zero Standard. This effort aims to enhance strategies for addressing scope...
Almost a year after the International Sustainability Standards Board (ISSB) released its first two standards, they announced this week that more than half of the world’s economy has adopted them....
ERM, the largest global specialist sustainability consultancy, has announced a strategic partnership with Workiva, one of the world’s leading cloud platforms for assured integrated reporting. Together, ERM and Workiva will...
Updated guidance designed to help the events industry to embed sustainable practices and address emerging challenges across climate change, supply chain and social impact, has been published by BSI, more...
Results highlight that current transition plans are insufficient for investors to accurately gauge transition risk, a material financial risk for high-emitting companies on the Climate Action 100+ focus list. Climate...
The Canadian Sustainability Standards Board (CSSB) is proud to announce the release of its first proposed Canadian Sustainability Disclosure Standards (CSDS), marking a significant milestone in advancing sustainability reporting in Canada. The proposed...
An alliance of the country’s biggest names in vehicle and engine manufacturing and supply, the Heavy-duty Leadership Group, released a joint “Statement of Principles” calling on the Environmental Protection Agency...
The Colorado Department of Public Health and Environment is announcing the following actions involving Suncor refinery in Commerce City: Both actions build on the department’s ongoing work to protect clean...
Launch of GRI Mining Standard drills down on the impacts of the sector A first global standard to holistically address the sustainability impacts of the mining sector is now available....
Schroders announced it has secured a place on CDP’s ‘A List’, recognising the global investment manager for leadership in corporate transparency and performance on climate change. Based on data reported...
The Council and European Parliament today reached a provisional agreement on a proposal for a regulation on environmental, social and governance (ESG) rating activities, which aims to boost investor confidence in sustainable...
The adoption of environmental, social and governance (ESG) measures in executive incentive plans continues to increase across markets, including North America, according to a new global study by WTW (NASDAQ:...
S&P Dow Jones Indices, the world’s leading index provider, announced that it has been selected by PenSam, one of Denmark’s largest labor market pension providers, to develop a bespoke climate-focused index for...
SBTi gains charitable status as scale-up operation forges ahead in response to rapidly growing demand. The number of companies and financial institutions setting greenhouse gas (GHG) reduction targets and having...
Two new exposure drafts set forth the first comprehensive suite of global standards on ethical considerations in sustainability reporting and assurance Proposed standards aim to foster greater trust in all...
New GRI Biodiversity Standard available for use by companies around the world As nature faces unprecedented pressures, with human activity the leading cause for one million animal and plant species...
A groundbreaking lawsuit has been filed against ING Bank in the Netherlands, aimed at holding the financial institution accountable for its inadequate climate policy and harmful contribution to dangerous climate...
Sustainability reporting practitioners that use the GRI Standards can now take advantage of a new learning course that provides the know-how to better integrate the European Sustainability Reporting Standards (ESRS)...
IFRS Foundation and GRI publish summary of interoperability considerations for GHG emissions. The Global Reporting Initiative and the IFRS Foundation have today jointly published a new analysis and mapping resource: Interoperability...
TrusTrace, a global SaaS company with a market-leading platform for product traceability and compliance, has announced the completion of a (U.S.) $24 million growth investment led by Circularity Capital, a specialist...
Schneider Electric, the leader in the digital transformation of energy management and automation, automation, is proud to confirm its spot on Corporate Knights’ 2024 Global 100 list of Most Sustainable Corporations in the...
A significant shareholder push is urging Shell to adopt more ambitious climate targets, setting the stage for a potentially pivotal annual general meeting (AGM) in May. 27 investor groups, representing...
Key Impact Points: The Bezos Earth Fund today announced a $1 million ideation prize to generate creative ideas and solutions to remove greenhouse gas emissions from our atmosphere. “We know...
Key Impact Points: The world’s capacity to generate renewable electricity is expanding faster than at any time in the last three decades, giving it a real chance of achieving the...
Key Impact Points: S&P Dow Jones Indices Introduces Two New Benchmarks to Measure Companies’ Alignment with the United Nations’ Sustainable Development Goals (SDG) S&P Dow Jones Indices (“S&P DJI”), the...
Key Impact Points: Shining a Spotlight on Culinary Excellence and Sustainability The City of Helsinki will be the center of the Nordic culinary world this May, as it plays host...
Key Impact Points: A set of business actions aimed at reducing the intensity of energy demand could unlock annual savings of at least $2 trillion for the global economy if...
DOE Proposes New Rule For Energy Efficient Commercial Fans and Blowers and Finalizes Refrigerator and Freezer Standards with Strong Industry and Stakeholder Support, Bolstering Biden-Harris Administration Efforts to Strengthen Outdated...
The Council reached an agreement on its negotiating mandate on a proposal for a regulation on environmental, social and governance (ESG) ratings, with the aim of boosting investor confidence in...
As global leaders coalesced at COP28 on the urgency of rapidly approaching climate goals, I couldn’t help but think of my granddaughter, Macy. Born this year, Macy could be looking...
The significance of anti-bribery compliance In an increasingly globalised business landscape, anti-bribery compliance is crucial. It fosters ethical business practices, safeguards your organisation from legal repercussions and reputational damage due...
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...
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...
At the COP28 climate change conference in Dubai, pledges have been made in three key areas – by many countries on renewables and energy efficiency, and by a significant number...
The Monetary Authority of Singapore (MAS) published its finalised Code of Conduct for ESG Rating and Data Product Providers (“CoC”) and an accompanying Checklist for providers to self-attest their compliance...
New cooperation agreement reached, as GRI-ESRS Interoperability Index is made publicly available Following a successful partnership between EFRAG and GRI over the past three years, a new Memorandum of Understanding...
The Voluntary Carbon Markets Integrity Initiative (VCMI) has released additional guidance for its Claims Code of Practice (Claims Code), enabling companies to make claims about their use of high-quality carbon credits....
Europe is often perceived as ahead of the US when it comes to climate action. While political polarization over environmental issues grabs the headlines, the US has been on a...
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...
LONDON, 15 November 2023 – More than nine in ten investors (94%) believe corporate reporting on sustainability performance contains unsupported claims, according to PwC’s 2023 Global Investor Survey, launched. The survey – now...
With so many new ESG standards and regulations announced in 2023, many fear that disclosures would be incomparable and inconsistent. Thankfully, this “year of interoperability” marched forward when CDP announced an...
The demand for sustainability and ESG commitments from companies is increasing and shows no signs of abating. ESG reporting poses challenges for companies globally Every country and region releases and...
The Brazilian Ministry of Finance and the Comissão de Valores Mobiliários (CVM) have announced that the International Sustainability Standards Board’s (ISSB) IFRS Sustainability Disclosure Standards will be incorporated into the...
The Federal Department of Finance (FDF) will draw up a proposal for implementing the Federal Council’s position on the prevention of greenwashing. Accordingly, the FDF informed the Federal Council at...
The Council adopted a regulation creating a European green bond standard. The regulation lays down uniform requirements for issuers of bonds that wish to use the designation ‘European green bond’...
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...
Germany will top up a pot to fund climate-protection measures and investment in semiconductor production by about €20 billion ($22 billion) to more than €200 billion, according to people familiar...
Morgan Stanley has made remarkable progress in advancing its commitment to finance sustainable and low-carbon investments, nearing the two-thirds mark of its ambitious target to reach US$1 trillion by the end...
Vietnam’s electric vehicle market appears poised for rapid expansion in the next decade, but there could be significant headwinds blunting that growth. According to BMI Research, a Fitch Solutions research unit, passenger...
Grant funding prioritized for areas already overburdened by air pollution The U.S. Environmental Protection Agency (EPA) announced the availability of $115 million in grant funding for projects that cut harmful...
The final episode of PUMA’s RE:GEN REPORTS is now available to stream: ‘When it comes to Health and Safety, does the West know best?’. In this episode, hosted by the Head of...
Nissan Motor Co., Ltd. issued its inaugural ESG data book comprehensively summarizing all initiatives and providing transparent disclosure of environmental, social and governance data. The book lists the initiatives in support of...
Company aims to reach goal by using less plastic, more recycled content, and alternatives to plastic The Kraft Heinz Company announces a new goal in 2023 to reduce the use...
In just five months, the United Airlines Ventures Sustainable Flight Fund SM increased in size to nearly $200 million and welcomes American Express Global Business Travel, Aramco Ventures, Aviation Capital Group, Bank of America, Boston Consulting...
IBM launched a new tool to help enterprises track greenhouse gas emissions across cloud services and advance their sustainability performance throughout their hybrid, multicloud journeys. Now generally available, the IBM...
ESG Book, a global leader in sustainability data and technology, released new analysis showing that financially material, industry-relevant ESG disclosure levels remain low, despite a widespread increase in overall sustainability...
During their first two years, the EU Missions in Horizon Europe have supported the Commission’s work on the European Green Deal, making Europe fit for the Digital Age, and Europe’s Beating Cancer Plan. Since their inception, EU Missions...
Two new pieces of research show that solar and wind are growing faster than expected: Rapid growth in solar, wind and battery deployment means that by 2030 the global electricity...
Transformational plan projects $2.5 billion in reduced future costs to customers while building enough Michigan-made renewables to power ~4 million homes DTE Energy announced a historic settlement agreement with nearly two...
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...
Global ammonia trade expected to increase ten-fold as demand for low-carbon ammonia used for shipping fuel and power generation transforms market The global market for ammonia is poised to triple...
Revisions to EPA’s Greenhouse Gas Reporting Program required by President Biden’s Inflation Reduction Act would improve accuracy of the sector’s reported methane emissions, one of the major drivers of climate...
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...
Selected Hispanic-owned companies will participate in a six-month business mentoring program and receive a $20,000 grant to accelerate business growth and transform product offerings; One finalist to receive $100,000 at the end of the...
Moray West, a major offshore wind farm development 22km off the coast of the Moray Firth, is expected to supply 50 percent of Scotland’s electricity, which will generate enough power...
Portugal has more than doubled its 2030 goals for installed capacity of solar energy and electrolysers to produce green hydrogen, as it aims to decommission natural gas-fired power plants by...
United Nations Secretary-General Antonio Guterres on Monday called for agreement to reach net zero greenhouse gas emissions by 2050 at crunch shipping talks in London this week and urged decarbonisation...
New federal agency collaboration leverages investments made possible by President Biden’s Investing in America agenda to protect communities from harmful pollution The U.S. Environmental Protection Agency (EPA) and U.S. Department...
Fifty years ago, Plant Rosslyn was the BMW Group’s first foreign facility. It has since become a mainstay of the global production network. To mark its silver jubilee, Milan Nedeljković,...
America’s Energy Workforce Added Almost 300,000 Jobs in 2022 with an Increasing Percent in Clean Energy, Union Employers Invest More in Diversity and Inclusion Efforts, and Union Employers Report Less...
Iberdrola will help deliver renewable offshore wind power from the Long Island grid to New York City and Westchester County. The company will add approximately 90 miles of new high-voltage transmission lines...
The Home Depot expects that by the end of fiscal year 2028, more than 85% of U.S. and Canada’s sales in outdoor power equipment, specifically push lawn mowers and handheld...
Studio Leaders Steer New Cleantech Initiative With Nonprofit RMI Entertainment and studio leaders Netflix and The Walt Disney Company launched the Clean Mobile Power Initiative with the participation and support...
The Church Commissioners and the Church of England Pensions Board have announced that they will independently disinvest from fossil fuels. The Church Commissioners and Church of England Pensions Board each...
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...
American Express Global Business Travel and Shell Aviation SAF program gains momentum American Express Global Business Travel, the world’s leading B2B travel platform, and Shell Aviation announced that Bank of...
Tesla has returned to the S&P 500 ESG index, the sustainable investing-focused market index, after the electric car maker added environmental disclosures. Tesla was cut from the index last year because of...
Transgrid has released a comprehensive energy roadmap revealing the unprecedented challenges and the A$16.5 billion (US$11 billion) investment required to keep the lights on and achieve NSW’s rapid transformation to...
Parliament calls for an annual ‘EU day for the victims of the global climate crises’ to be established to remember the human lives lost due to climate change. In the...
As the aviation industry prepares to gather for the Paris Air Show, a global survey of 325 aviation decision makers in six countries shows alignment on and investment in sustainability...
Shell plc will update investors on its strategy to create more value with less emissions, and deliver increased shareholder returns through a balanced energy transition. “We are investing to provide...
Apple is investing an additional $25 million in venture capital to expand support for minority businesses and address systemic barriers to funding access Apple announced its Racial Equity and Justice Initiative...
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...
Ford opened the Cologne Electric Vehicle Center, a hi-tech production facility in Germany that will build Ford’s new generation of electric passenger vehicles for millions of European customers. Ford has...
SKF has decided to allocate SEK 3 billion to meet its energy and decarbonization goal by 2030, which is a key element of the Group’s strategy. The Group has also...
Launching in 2030, the world’s most energy-efficient cruise ship will use 60 MWh batteries, retractable sails with solar panels, and A.I. maneuvering to eliminate emissions Weeks before its 130th anniversary, Hurtigruten Norway unveiled...
Uber is expanding its commitment to include its Delivery business, with goals to eliminate emissions on all Uber Eats deliveries globally by 2040, and end all unnecessary plastic waste from deliveries...
Ørsted will host a Capital Markets Day (CMD) on 8 June 2023 to present recent progress and strategic updates on its ambition to become the world’s leading green energy major. Ørsted...
From air conditioning to vacuum cleaners, New Jersey has long been known for its innovations, and now it is home to the largest floating solar array in North America. Consisting...
As dozens of ministers and CEOs from around the world gather in France for IEA Global Conference on Energy Efficiency, new analysis sets out what’s needed to meet energy and...
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