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Category: Global News
Apple’s Green Push for iPhone 16 Apple continues its drive toward sustainability with the release of the iPhone 16 and iPhone 16 Plus, reducing their carbon footprint by 30% compared...
The 2024 State of the Energy Union report highlights the EU’s significant progress in ensuring secure, competitive, and affordable energy, while also laying the groundwork for future economic growth and...
The U.S. Environmental Protection Agency (EPA) has released proposed updates to its Recommendations of Specifications, Standards, and Ecolabels for Federal Purchasing. These updates are aimed at helping federal government buyers...
A new report by the Transition Pathway Initiative (TPI), based at the London School of Economics, finds that 30% of the world’s largest corporate emitters now have climate targets aligned...
New analysis by the Travel Smart campaign, led by T&E, reveals that tech companies are significantly cutting business travel emissions, with an average reduction of 49% in 2023 compared to...
Euronext Expands Sustainable Finance Tools Euronext has launched a series of ESG initiatives to support sustainable finance and corporate transparency, announced during Euronext Sustainability Week. These new tools are part...
The Asian Development Bank (ADB) has committed to dedicating 50% of its annual lending to climate finance by 2030, significantly increasing its previous target of 35%. This forms part of...
SEB’s Sustainable Investment Commitment SEB has unveiled the SEB Global Sustainable Companies Fund, a groundbreaking investment vehicle dedicated to companies that excel in environmental and social responsibility. As a pioneer...
Microsoft is doubling down on its commitment to sustainability with the formation of a new supplier decarbonization team. This initiative aims to tackle the rising carbon footprint associated with the...
Key Impact Points: Bank of America’s Carbon Capture DealBank of America is making a significant move into carbon capture, investing $205 million in a first-of-its-kind tax credit deal with Harvestone...
The UK’s latest renewable power auction marks a significant step in reviving the offshore wind sector. Ørsted and Iberdrola were among the big winners, securing contracts for major projects like...
Environmental, Social, and Governance (ESG) ratings and data products have become essential tools for financial institutions (FIs) to assess portfolio performance and environmental impact. In 2023, 85% of FIs disclosed...
Plastic’s Growing Environmental Impact Plastic’s convenience has led to its widespread use, but the environmental costs are staggering. Every year, 400 million tonnes of plastic waste are generated worldwide, with...
Ørsted Completes Its Coal Phase-Ou On August 31, 2024, Ørsted will shut down its last coal-fired combined heat and power plant, Esbjerg Power Station, in Western Denmark. This marks a...
The European Investment Bank (EIB) has taken another significant step towards sustainability by issuing a new EUR 5 billion Climate Awareness Euro Area Reference Note (EARN). This 10-year bond, due...
Wärtsilä and Eidesvik Offshore are making history. In a groundbreaking partnership, the two companies are set to convert the offshore platform supply vessel (PSV) ‘Viking Energy’ to operate on ammonia...
In 2023, the US oil and gas industry defied significant commodity price drops to not only increase production but also maintain shareholder value. Despite an 18% drop in West Texas...
RepAir Carbon US Inc. and C-Questra have teamed up to launch the European Union’s first onshore Direct Air Capture and Storage (DACS) project in Grandpuits, France. This collaboration marks a...
ESG Megatrends: The Forces Shaping Corporate Sustainability The Sustainability Megatrends Report by Cushman & Wakefield reveals seven key areas driving the integration of ESG (Environmental, Social, Governance) across industries. Here’s...
The 2024 proxy season highlighted a notable shift in shareholder support for environmental, social, and governance (ESG) resolutions. While governance proposals experienced a resurgence, backing for environmental and social resolutions...
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