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Category: Global News
The Science Based Targets Network (SBTN) has announced that Kering, GSK, and Holcim are the first companies to publicly adopt science-based targets for nature, addressing freshwater and land. These actions...
Morgan Stanley has revised its 2030 climate targets, setting sector-specific emissions reductions within a 1.5–1.7°C warming limit. This range acknowledges global challenges in meeting the 1.5°C target of the Paris...
The UN-backed Net-Zero Asset Owner Alliance (NZAOA) reported a record $175 billion investment in climate-focused solutions by its members in 2023, marking a nearly 38% jump from the previous year’s...
Key Impact Points: The Taskforce on Nature-related Financial Disclosures (TNFD) announced at COP16 in Cali, Colombia, that over 500 organizations have committed to aligning their risk management and corporate reporting...
Key Impact Points: Business momentum in measuring nature and biodiversity impacts is accelerating, according to CDP’s latest data. This progress comes as global leaders convene for COP16 in Colombia to...
Key Impact Points: The European Commission has selected 85 innovative net-zero projects to receive €4.8 billion in grants from the Innovation Fund, aiming to accelerate the deployment of cutting-edge clean...
Key Impact Points: The International Chamber of Commerce (ICC) has launched its Principles for Sustainable Trade Finance (PSTF) at Sibos 2024 in Beijing. Developed in partnership with industry leaders, including...
Key Impact Points: Standard Chartered has launched a sustainable finance variant of its Borrowing Base Trade Loan (BBTL), reinforcing its commitment to decarbonizing the commodity sector. The BBTL is a...
Key Impact Points: Why it matters: Sustainable funds have surged to $3.5 trillion in AUM, even as inflows slow. The $20 billion in inflows recorded in the first half of...
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