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Category: Global News
Why it matters: Offshore wind is pivotal for decarbonizing hard-to-abate sectors and achieving global net-zero goals. bp and JERA are joining forces to accelerate progress with JERA Nex bp, set...
Here are five notable sustainability developments from the past week: Related Article: IMF Barbados Agree To $30 Million in Loans Under Climate Trust Follow ESG News on LinkedIn
Oslo, Norway, Dec 6, 2024 (ESG NEWS) – SLB Capturi has achieved a major milestone with the completion of the world’s first industrial-scale carbon capture plant at Heidelberg Materials’ cement...
Meta Platforms Inc. has announced a deal to purchase green credits from four major U.S. solar energy projects developed by Invenergy. This strategic move aims to meet Meta’s escalating clean...
ADNOC has unveiled XRG, a transformational international investment company with an enterprise value exceeding $80 billion. The independently operated venture focuses on lower-carbon energy and chemicals, aiming to double its...
Sustainability as a Business Imperative A new DHL Express global survey of 5,000 SME decision-makers across 11 markets reveals that sustainability is now a critical priority for small and medium-sized...
Singapore has solidified its leadership in sustainability reporting, surpassing global benchmarks in six of twelve key indicators, according to KPMG’s 2024 Survey of Sustainability Reporting. The city-state is one of...
Google has announced the opening of 1265 Borregas, its first office building constructed using mass timber, in Sunnyvale, California. The building reflects Google’s commitment to sustainability, employee wellbeing, and community...
The COP29 Presidency announced a major milestone in climate diplomacy: the full operationalization of Article 6 of the Paris Agreement, unlocking international carbon markets after years of complex negotiations. The...
A contested proposal The Azerbaijani presidency at COP29 revealed a draft plan urging wealthy nations to lead a $250 billion annual financing initiative by 2035. This figure, termed the “new...
A Historic Step for Climate and Tourism The United Nations announced on Wednesday that over 50 governments have signed a declaration to make global tourism more climate-friendly, calling it a...
The Council of the European Union has approved a groundbreaking regulation to enhance the transparency, consistency, and comparability of environmental, social, and governance (ESG) ratings. This move aims to bolster...
Released during COP29, Deloitte’s report, Turning Point: Feeding the World Sustainably, details the economic and social benefits of transforming global food production. The analysis highlights that addressing undernourishment, feeding a...
A group of conflict-affected countries is pushing at COP29 to double financial aid to more than $20 billion a year to combat natural disasters and security crises facing their populations,...
At COP29 in Baku, the COP29 Presidency launched the Baku Call on Climate Action for Peace, Relief, and Recovery (BCCAP), a milestone initiative aimed at addressing the critical intersection of...
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...
IBM has released its first-ever State of Sustainability Readiness Report 2024, revealing that 88% of business leaders plan to increase IT investments for sustainability over the next 12 months. Conducted...
At COP29 in Azerbaijan, a significant early pledge emerged as major development banks, including the World Bank, committed to raising climate finance to $120 billion annually by 2030. This figure...
Amazon.com and IKEA, prominent members of the Zero Emissions Maritime Buyers Alliance (ZEMBA), are intensifying their efforts to decarbonize ocean shipping by preparing for a major tender to launch in...
Cape Town, South Africa, served as the vibrant backdrop for the 2024 Earthshot Prize, where five remarkable winners were announced at a star-studded event hosted by Billy Porter and Bonang...
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