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Category: Global News
The UK Government has officially announced the launch of a Deposit Return Scheme (DRS) in October 2027. The long-anticipated initiative aims to boost recycling rates by offering financial incentives for...
The International Auditing and Assurance Standards Board (IAASB) and the International Ethics Standards Board for Accountants (IESBA) have introduced integrated standards to strengthen sustainability reporting and assurance practices. These measures...
EU’s Omnibus Proposal Faces Industry Backlash A coalition of 11 global corporations, including Unilever, Nestlé, Mars, and DP World, has urged the European Commission not to dilute existing sustainability reporting...
The European Commission is set to propose a ban on PFAS (“forever chemicals”) in consumer products, targeting their widespread use in items like cosmetics, non-stick pans, and industrial applications. Health...
The European Investment Bank (EIB) and Societe Generale have announced an unprecedented collaboration to unlock €8 billion in investment for Europe’s wind industry. Central to this initiative is a €500...
Apollo Global Management and Standard Chartered PLC have entered into a strategic partnership to accelerate financing for infrastructure and renewable energy projects worldwide. The partnership leverages Apollo’s sustainable investment platform,...
Schroders has been entrusted with a £5.2 billion sustainable investment mandate by UK wealth manager St. James’s Place (SJP), marking a significant endorsement of Schroders’ sustainable and active investment expertise....
The U.S. Department of the Treasury and the Internal Revenue Service (IRS) announced $6 billion in tax credit allocations for the second round of the § 48C Qualifying Advanced Energy...
The European Banking Authority (EBA) has released comprehensive guidelines on managing Environmental, Social, and Governance (ESG) risks. These regulations target EU financial institutions, requiring robust governance to mitigate risks related...
ERM, the world’s largest specialist sustainability consultancy, has launched the Council on Sustainability Transformation to drive corporate progress on sustainability amid economic and political pressures. The Council brings together senior...
The Future of Jobs Report 2025 outlines how macrotrends, including technological advancements, economic shifts, and climate priorities, will reshape the labor market by 2030. The report, based on insights from...
Great Britain marked a milestone in 2024 as coal generation ended on September 30 with the closure of Ratcliffe power station. This marked the final chapter of 142 years of...
Navigating Stricter EU Emissions Rules To comply with the EU’s 2025 carbon emissions rules, major automakers are partnering with electric vehicle (EV) leaders like Tesla and Polestar to pool CO₂...
U.S. Banks Leave NZBA Amid Political U.S. Banks Leave NZBA Under Political and Legal Pressure Morgan Stanley, Citi, and Bank of America have joined Wells Fargo and Goldman Sachs in...
Portugal’s Renewable Energy Milestone Portugal’s renewable energy generation hit a record 71% in 2024, marking a significant leap from 61% in 2023, according to grid operator REN. REN stated, “This...
What’s happening: India is reconsidering its decade-old, $30 billion program requiring coal-fired power plants to install flue-gas desulphurization (FGD) systems. Only 8% of the 540 targeted power plant units have...
The European Commission has awarded the construction contract for its new Joint Research Centre (JRC) building in Seville, Spain. Once approved by the European Parliament and the Council of the...
Europe’s Banks Are “In Debt to the Planet” Europe’s 25 largest banks are not doing enough to address the dual crises of climate change and biodiversity loss, according to a...
President Joe Biden has announced an ambitious 2035 climate target to reduce U.S. greenhouse gas emissions by 61-66% below 2005 levels. This builds on the U.S. commitment to achieve net-zero...
The News: The European Parliament approved a one-year delay for the EU deforestation law, which aims to ban products sourced from deforested or degraded land. Initially set to take effect...
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