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JPX’s ESG Tool Launch Japan Exchange Group, Inc. (JPX) and JPX Market Innovation & Research, Inc. have introduced the “JPX Sustainability Information Search Tool (Beta Version)” to enhance sustainability-related disclosures...
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...
Qatar’s Sustainable Finance Surge In 2024, Qatar set a regional benchmark by issuing $2.5B in green bonds to fund environmentally friendly projects, marking a new era for sustainable finance. Invest...
Japan’s Carbon-Neutral Drive Japan’s Prime Minister Shigeru Ishiba unveiled the “GX 2040 Vision” at the Yomiuri International Economic Society event, outlining a transformative industrial policy rooted in ESG principles. “Carbon...
JSW Energy, led by billionaire Sajjan Jindal, has announced a $1.47 billion acquisition through its JSW Neo Energy unit to buy renewable energy platform O2 Power’s subsidiaries. This significant deal...
Poland’s state development fund, PFR SA, is positioning itself as a key player in the country’s energy transition by becoming an anchor investor in green bond sales. This move is...
Executives worldwide are doubling down on sustainability commitments, with 85% planning to disclose climate-related data regardless of political or regulatory shifts, according to a recent Workiva survey of 1,600 global...
Ed Miliband’s ambitious drive to make Britain Net Zero by 2029 comes with a hefty £37.4 billion price tag, according to an audit by The Mail on Sunday. The allocation...
In the festive spirit, I’m channeling Charles Dickens, the man who gave us A Christmas Carol and popularized the holiday season. Another of his classics, A Tale of Two Cities,...
The Environment Agency – Abu Dhabi (EAD) has launched an international standard carbon Measurement, Reporting, and Verification (MRV) programme to address carbon emissions and accelerate the emirate’s transition to a...
New York state has enacted a groundbreaking climate law to hold fossil fuel companies accountable for their role in the climate crisis. Governor Kathy Hochul signed the bill into law...
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...
What’s happening: China has greenlit the construction of the world’s largest hydropower dam on the Yarlung Zangbo River in Tibet. This ambitious project aims to produce 300 billion kilowatt-hours of...
China’s journey toward corporate sustainability reporting has gained momentum in recent years. The Ministry of Finance (MOF), collaborating with nine other departments, unveiled the Basic Standards on December 17, 2024,...
The U.S. Environmental Protection Agency (EPA) has granted California the authority to implement its Advanced Clean Cars II (ACC II) regulations and low-NOx standards for heavy-duty and off-road vehicles. These...
Japan’s environment and industry ministries have finalized a plan to cut greenhouse gas (GHG) emissions by 60% from 2013 levels by 2035, marking an ambitious update to its prior target...
The Suez Canal Economic Zone (SCZONE) has finalized $64 billion in green hydrogen investments through 12 framework agreements, aiming to produce 18 million tons of green hydrogen annually. Chairperson Waleid...
The financial services sector in the Asia Pacific (APAC) region plays a pivotal role in advancing sustainability goals. According to the Sustainability Counts III report, progress in this industry depends...
DP World has become the first company in the Middle East and North Africa (MENA) region to issue a Blue Bond, raising $100 million for sustainable maritime and water-focused projects....
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...
The U.S. Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED) has opened applications for $1.8 billion in funding to accelerate Direct Air Capture (DAC) technology. This initiative focuses...
Snam Signs €4B Sustainability-Linked Credit Facility Snam has finalized a €4 billion sustainability-linked revolving credit facility, marking a significant milestone in its commitment to achieving carbon neutrality by 2040 and...
Tackling Growing Energy Demand in 2024 As global electricity demand continues to surge, driven by AI, electrification, and digitalization, building smarter energy systems presents both challenges and opportunities. In 2024,...
Qcells’ Solar Manufacturing Expansion The Department of Energy’s Loan Programs Office (LPO) has announced a $1.45 billion loan guarantee to Hanwha Qcells Georgia for constructing a state-of-the-art solar manufacturing facility...
VictoriaMetrics Drives Efficiency in Gemini Solar + Storage Project VictoriaMetrics has partnered with IHI Terrasun Solutions to deliver advanced data management for the $1.2 billion Gemini Solar + Storage project,...
PwC has partnered with Oracle to launch new services that simplify data consolidation and reporting for multinational organizations facing complex compliance standards, including OECD Pillar Two, the Corporate Sustainability Reporting...
Canada has entered a new era of sustainability reporting with the release of CSDS 1 and CSDS 2, now included in the CPA Canada Handbook – Sustainability. These standards, crafted...
Deutsche Bank has facilitated a AUD 2.3 billion financing package for Global Power Generation Australia (GPG) to expand its renewable energy portfolio in the Asia Pacific region. Acting as the...
The International Finance Corporation (IFC), part of the World Bank Group, has issued a 2 billion SEK green bond dedicated to financing biodiversity initiatives in emerging markets. SEB served as...
Accenture has agreed to acquire IQT Group, an Italian provider of engineering managed services for large infrastructure projects, to advance its capabilities in planning and executing net-zero infrastructure initiatives. Expanding...
DP World UK has unveiled a Carbon Inset Programme Trial aimed at helping importers lower hard-to-abate Scope 3 emissions from containerized supply chains. Running from January 1 to June 30,...
Google has signed a 15-year power purchase agreement (PPA) with Copenhagen Infrastructure Partners (CIP) to secure 250MW of wind power from the Zeevonk project, a groundbreaking renewable energy initiative in...
United Microelectronics Corporation (UMC) has solidified its renewable energy commitment through a landmark CPPA with Fengmiao I Offshore Wind Farm, a project led by Copenhagen Infrastructure Partners (CIP). The agreement...
The News: KPMG’s 2024 Survey of Sustainability Reporting highlights strong sustainability reporting progress among Belgian companies, driven by upcoming EU regulations and a growing focus on governance and transparency. Key...
The News: UPP Group Holdings, a leading provider of UK on-campus student accommodation, has secured its first sustainability-linked £110M corporate revolving credit facility (RCF) with Deutsche Bank. The deal links...
The News: Google, Stripe, and other Frontier coalition members are investing $80 million in carbon credits to fund two firms deploying innovative carbon capture technologies at paper mills and sewage...
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...
Boston Consulting Group (BCG) has announced a 50,250-tonne purchase of certified carbon dioxide removals (CDRs) through ClimeFi, reinforcing its position as a global leader in durable carbon removal. This marks...
SAP has announced the global availability of SAP Green Ledger, a cutting-edge carbon accounting solution that integrates emissions data into financial systems. This marks a significant step toward connecting environmental...
The Department of Energy (DOE) has approved its largest-ever loan of $9.63 billion to BlueOval SK LLC (BOSK) to construct three electric vehicle (EV) battery plants. These facilities—one in Tennessee...
The News: The European Union has finalized ambitious regulations requiring all packaging to be 100% recyclable by 2030. The comprehensive rules target the full lifecycle of packaging,emphasizing re-use, recycling, and...
Invesco Unveils Climate-Focused ETF Invesco Ltd. has launched the Invesco MSCI North America Climate ETF (KLMN), which debuted on the New York Stock Exchange with $2.4 billion in assets from...
Iberdrola and Kansai Team Up on Offshore Wind Iberdrola, a global leader in renewable energy, has partnered with Kansai Electric, Japan’s second-largest utility, in the €1.28 billion Windanker offshore wind...
Canada’s Plan to Green AI Infrastructure Canada’s federal government is exploring a $15 billion incentive to encourage domestic pension funds to invest in artificial intelligence (AI) data centers powered by...
Launching the CCIC Microsoft and Acadia Infrastructure Capital have partnered to launch the Climate and Communities Investment Coalition (CCIC), targeting a $9 billion pipeline of renewable energy projects across the...
Google has signed a landmark long-term agreement with carbon removal startup Terradot, combining equity investment with a commitment to purchase 200,000 tons of carbon removal credits by the early 2030s....
The Story: The Hong Kong government unveiled a roadmap to implement the International Financial Reporting Standards – Sustainability Disclosure Standards (ISSB Standards) across publicly accountable entities (PAEs) by 2028. This...
The Story: Stellantis and CATL are investing €4.1 billion in a joint venture to construct a state-of-the-art lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. The facility, targeting a...
German promotional bank KfW has unveiled plans to issue €10 billion in green bonds in 2025, further cementing its leadership in sustainable finance. The announcement came during its annual capital...
Equinor, alongside bp and TotalEnergies, has taken a major step forward in decarbonizing the UK’s industrial regions with the approval of the Northern Endurance Partnership (NEP) and Net Zero Teesside...
IBM and Texas A&M AgriLife unveiled SWAT VEXA, a free AI virtual assistant, today at COP16 in Riyadh, marking a major step forward in sustainable agriculture. Built using IBM’s Deep...
Google, Intersect Power, and TPG Rise Climate have announced a groundbreaking partnership to align clean energy generation with data center development. The collaboration introduces a “power-first” approach, co-locating carbon-free energy...
SGS has unveiled its Climate pillar under the IMPACT NOW for sustainability suite, delivering a robust array of services designed to help organizations take meaningful climate action. Leveraging its decades...
The Swiss Federal Council has launched a consultation on proposed updates to its sustainability-related disclosure rules, aimed at aligning with international developments and Switzerland’s climate targets. The consultation, initiated during...
At this year’s Microsoft Ignite, the company unveiled groundbreaking AI innovations aimed at empowering organizations to enhance ESG data transparency, gain actionable insights, and achieve their sustainability goals. Developed for...
Why it matters: The Asian Development Bank (ADB) is supporting innovative financial tools like sustainability-linked bonds (SLBs) to accelerate climate action in Thailand and across Asia. These bonds tie financial...
Why it matters: Corporate sustainability efforts are falling short due to internal and external barriers, according to ERM’s Sustainability Transformation Survey. Overcoming these obstacles is vital for achieving ambitious ESG...
Accelerating the Path to Net-Zero Deloitte’s Low-Carbon Solutions Page provides actionable insights into the challenges and solutions required to decarbonize hard-to-abate sectors. These industries, vital to meeting Paris Agreement goals,...
Why it matters: Sustainability is no longer optional. Investors, customers, and regulators are demanding businesses demonstrate accountability on environmental, social, and governance (ESG) issues. Yet, many organizations struggle to operationalize...
Abu Dhabi Finance Week (ADFW) 2024 commenced today under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of...
Top 7 Sustainable Travel Tips for Winter Holiday Related Article: 11 Tips For A Sustainable Holiday Season For More Sustainable Travel Tips: Follow us on LinkedIn
The UN-convened Net-Zero Asset Owner Alliance (NZAOA) is calling for mandatory regulatory mandates to address persistent challenges in Scope 3 emissions disclosure, which account for up to 75% of most...
BNP Paribas Asset Management (BNPP AM) has launched its first infrastructure private equity fund, the BNP Paribas Low Carbon Transition Infra Equity Fund I, targeting €750M to advance Europe’s energy...
Aramco, Linde, and SLB have signed a shareholders’ agreement to develop one of the world’s largest Carbon Capture and Storage (CCS) hubs in Jubail, Saudi Arabia. The project, a cornerstone...
A PwC Luxembourg report reveals that 55% of FY2024 companies foresee challenges in maintaining data quality and consistency as they prepare for Corporate Sustainability Reporting Directive (CSRD) compliance. The directive...
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...
Meta Follows Steps of Tech Giants, Looks to Nuclear Energy to Power AI and Sustainability Goals Meta has announced a request for proposals (RFP) to identify nuclear energy developers capable...
Schneider Electric, a leader in digital energy management, has announced a suite of AI-ready data center solutions to tackle the dual challenges of energy consumption and sustainability in AI infrastructure....
A recent survey conducted by the Morgan Stanley Institute for Sustainable Investing reveals that the majority of institutional investors anticipate significant growth in sustainable assets over the next two years....
The European Commission has launched €4.6 billion in funding under the Innovation Fund to accelerate decarbonization and enhance Europe’s green technologies. These initiatives are critical for meeting climate neutrality goals...
The 16th Conference of the Parties (COP16) to the UN Convention to Combat Desertification (UNCCD), held for the first time in Riyadh, brought in $12 billion in pledges to address...
The European Union has agreed to delay the enforcement of its deforestation regulation by 12 months, moving the application date to December 30, 2025. This decision aims to provide additional...
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...
EQT Active Core Infrastructure fund (EQT) and global investor GIC have announced an agreement to acquire a majority stake in Calisen Group, a leading UK provider of smart meters and...
ATLANTA, Dec. 2, 2024 – The Coca‑Cola Company has unveiled updated environmental goals aimed at advancing its sustainability agenda through 2035. These targets prioritize water security, packaging sustainability, and emissions...
The Role of Technology in ESG Integrating Environmental, Social, and Governance (ESG) principles into business strategies is increasingly essential. PwC’s new blog series sheds light on how ESG technologies are...
A Strategic Alliance for Sustainability Orbital Materials and Amazon Web Services (AWS) have announced a multi-year partnership aimed at revolutionizing data center efficiency and decarbonization. Orbital’s proprietary AI platform will...
Schroders pioneers sustainable investment labels Schroders announced plans to adopt the UK Financial Conduct Authority’s (FCA) Sustainability Disclosure Requirements (SDR) labels for 10 of its funds, solidifying its position as...
Driving Sustainability and Growth CaixaBank has unveiled its 2025-2027 Sustainability Plan, a cornerstone of its Strategic Plan, committing to mobilize €100 billion in sustainable finance—a 56% increase from its previous...
Barclays Calls for Bold Action Barclays has urged the UK Government to take decisive steps to decarbonize homes and meet the ambitious 2035 emissions reduction target of 81% below 1990...
DHL Express and Shell have entered into a landmark 1-year agreement to promote sustainable air freight operations at Brussels Airport. The deal includes the delivery of 25 kt of Sustainable...
A New Chapter for Arkolia Mirova and BNP Paribas Asset Management have jointly invested over €200 million in Arkolia, a leading French renewable energy developer. Each acquired an equal stake...
BNP Paribas’ Shift Towards Sustainable Investing In a November strategy update, BNP Paribas Asset Management announced it would cease investments in new bonds issued by oil and gas exploration and...
IBM’s first-ever State of Sustainability Readiness Report 2024 revealed critical insights into the intersection of sustainability and technology. The report highlighted that 88% of business leaders plan to increase IT...
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...
Blackstone and Santander Corporate & Investment Banking have announced an agreement where funds managed by Blackstone Credit & Insurance (BXCI) will acquire interests in a $1 billion portfolio of high-quality...
SSAB has entered a collaboration agreement with Amazon Web Services (AWS) to deliver fossil-free steel for AWS’s three new data centers in Mälardalen, Sweden. Utilizing SSAB’s unique HYBRIT® technology, the...
The Bahamas has unlocked more than $120 million to fund the conservation and management of its oceans and mangroves through a debt swap financed by Standard Chartered and backed by...
Why it matters: As regional economies face increasing pressure to meet global climate targets, there’s a critical demand for leaders skilled in sustainable finance. The Monetary Authority of Singapore projects...
Key Takeaways: SGS has unveiled three essential services designed to support organizations in complying with the Corporate Sustainability Reporting Directive (CSRD) and advancing their Environmental, Social, and Governance (ESG) disclosures....
The move to mandatory reporting: KPMG Survey of Sustainability Reporting 2024 With mandatory sustainability reporting on the horizon, KPMG’s latest survey reveals a remarkable surge in global businesses integrating ESG...
BP’s Investment in Indonesia’s Energy Transition BP, on behalf of the Tangguh Production Sharing Contract partners, announced the final investment decision for the $7 billion Tangguh Ubadari, CCUS, Compression (UCC)...
COP29, held in Baku, Azerbaijan, concluded after intense negotiations. While the summit delivered key agreements, divisions and frustrations underscored the challenges of addressing the global climate crisis. Here’s a comprehensive...
A Major Step Toward Sustainability HSBC Hong Kong, Cathay Pacific, and EcoCeres have joined forces to launch Hong Kong’s most significant initiative to date in promoting sustainable aviation fuel (SAF)....
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...
What It’s About Microsoft has introduced the Microsoft Sustainability Academy, a free webinar series designed to support professionals in embedding sustainability into business strategies, improving ESG data management, and advancing...
Accelerating the Environmental Transition At COP, Societe Generale reaffirmed its commitment to advancing the environmental transition. The bank’s new €500 billion sustainable finance target for 2024–2030 includes €400 billion in...
Bolivia’s $5 Billion Carbon Credit Plan Bolivia is set to sell $5 billion worth of carbon offset credits to tackle rampant deforestation and achieve its goal of halting forest loss...
BNP Paribas Future Forest Fund: A Sustainable Initiative BNP Paribas Asset Management has launched the BNP Paribas Future Forest Fund, a sustainable forestry fund designed to support certified timber production...
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