The European Insurance and Occupational Pensions Authority (EIOPA) has released its final report on the prudential treatment of sustainability risks under Solvency II, recommending increased capital requirements for insurers holding...
Optera, an ESG and carbon management software leader, has released the next generation of its Supply Chain Manager, advancing Scope 3, category 1 emissions management. This update comes as companies...
Building on its legacy of innovation and sustainability, Samsonite International S.A. has announced a new science-based climate target, aligning with the Science Based Targets initiative (SBTi) criteria. The commitment underscores...
The UK’s Department for Energy Security and Net Zero (DESNZ) and Westminster Council have launched a £1 billion heat network aimed at providing low-carbon heating to some of London’s most...
Mizuho Bank, Ltd., led by President & CEO Masahiko Kato, has entered into a strategic partnership with Pollination Global Holdings Limited, founded by CEO Martijn Wilder AM, to bolster clients’...
Family enterprises, known for their long-term investment approach, are increasingly integrating sustainability and ESG (environmental, social, and governance) factors into their strategies to enhance resilience and drive value creation. As...
The European Union’s climate commissioner, Wopke Hoekstra, reiterated the EU’s commitment to ending sales of CO2-emitting cars by 2035 and enforcing stricter CO2 limits for carmakers next year. This comes...
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...
Edited: Nov 6, 2024 7:52pmc Elon Musk’s high-stakes gamble to support Trump’s reelection may do more than just boost Tesla’s stock—it could have a positive ripple effect across the entire...
Marsh, a world leader in insurance brokering and risk advisory, and We2Sure, a specialist in carbon credit insurance solutions, have introduced an innovative insurance facility to protect businesses across the...
A coalition of climate, finance, and insurance experts has launched Insurance for Good, a nonprofit aimed at reshaping disaster risk management and enhancing resilience within the United States. The organization’s...
Tesla’s stock surged by 12% in premarket trading Wednesday morning, pushing Tesla’s share price toward a new all-time high, as Donald Trump secured his second term as president. Analysts predict...
A recent report from RSM International highlights the challenges and opportunities faced by 200 Latin American businesses in adopting International Financial Reporting Standards (IFRS) S1 and S2 for sustainability. The...
The Isle of Man, a self-governing Crown Dependency in the Irish Sea, is positioning its future as a leading jurisdiction for responsible investment and green financial initiatives with the launch...
Following a successful pilot, ADNOC and climate tech firm 44.01 are scaling up their innovative carbon-to-rock project in Fujairah, in collaboration with the Fujairah Natural Resources Corporation (FNRC) and Masdar....
Irish businesses are intensifying their commitment to sustainability, with 81% of organizations reporting increased focus over the past year, according to EY Ireland’s State of Sustainability report. The survey, involving...
Microsoft is pioneering wood-based construction in its datacenters in Northern Virginia, substituting steel and concrete with cross-laminated timber (CLT). The move cuts embodied carbon emissions by up to 65% compared...
In a significant environmental milestone, net GHG emissions across the EU dropped by 8.3% in 2023, according to a new report by the European Commission. This decrease represents one of...
Azerbaijan Sets Stage for Unified Green Investment Standards As the host of COP29, Azerbaijan will unveil a global green investment rulebook aimed at guiding sustainable investments with principles agreed upon...
Expanding the Carbon Removal Rulebook The Integrity Council for the Voluntary Carbon Market (ICVCM) has approved a new suite of methodologies for engineered carbon dioxide removal (CDR), strengthening governance of...
A Life Devoted to Nature Dr Jane Goodall, the world’s most renowned primatologist and conservationist, died Wednesday at 91 while on a speaking tour in California, the Jane Goodall Institute...
A growing sovereign green bond market The Hong Kong Special Administrative Region has released its Green Bond Report 2025, providing a detailed account of how HK$240 billion (US$31 billion) in...
European businesses call sustainability a competitiveness issue A new survey of more than 2,500 senior executives across France, Germany, Italy, Spain and Poland reveals broad support for binding corporate sustainability...
Asia-Pacific Leaders Advance ESG Integration On the sidelines of UN General Assembly week, the United Nations Global Compact convened senior business leaders from Asia and Oceania for a closed-door Leadership...
Quality over Quantity Defines Luxury’s Next Phase The global luxury sector is navigating slowing demand, shifting consumer expectations, and a changing definition of value. According to the first EY Luxury...
New Capital for Expanding Energy Transition Services Nuveen has acquired a majority interest in Ally Energy Solutions, a U.S. provider of turnkey power and efficiency upgrades for commercial and industrial...
A Strategic Carve-Out in Solar TotalEnergies has sold a 50% stake in a 1.4 gigawatt (GW) solar portfolio across the United States to insurance vehicles and funds managed by KKR,...
Baton Rouge bets on carbon removal ExxonMobil has been selected to transport and permanently store carbon dioxide captured at AtmosClear’s planned biomass energy facility at the Port of Greater Baton...
New Pathways for Automotive Waste Porsche AG, BASF SE and Austrian technology firm BEST Bioenergy and Sustainable Technologies GmbH have completed a pilot project demonstrating the chemical recycling of complex...
A New Benchmark for Corporate Climate Expertise The Science Based Targets initiative (SBTi) has established the world’s first official register of certified experts qualified to guide companies through the complexities...
Oslo steps into global transition capital markets Norges Bank Investment Management (NBIM), manager of Norway’s $1.6 trillion sovereign wealth fund, has committed $1.5 billion to Brookfield Asset Management’s Global Transition...
Jakarta’s Waste Crisis Spurs New Energy Push Indonesia’s sovereign wealth fund, Danantara Indonesia, will roll out at least eight waste-to-energy plants by the end of October as part of a...
Brussels signs off on CBAM reform The Council of the European Union has adopted a regulation simplifying the bloc’s carbon border adjustment mechanism (CBAM), an instrument designed to prevent carbon...
Cyprus Decision Marks Next Phase Meeting in Europe’s most water-scarce country, the European Investment Bank (EIB) Group’s Board has adopted the second phase of its Climate Bank Roadmap, committing to...
Toronto’s first Climate Week is bringing together investors, business leaders, policymakers, and innovators to explore how climate action is reshaping markets and creating new opportunities. With dozens of sessions happening...
Regulatory Uncertainty Meets Investor Demands 2025 is proving to be a pivotal year for corporate sustainability disclosures. Thousands of companies have filed reports under the European Union’s Corporate Sustainability Reporting...
IBM is moving to address one of the persistent bottlenecks in corporate climate reporting: the accuracy and usability of greenhouse gas (GHG) emissions data. The company has introduced the Envizi...
Sarawak bets on hybrid clean power Malaysia’s Sarawak state has secured one of its largest private renewable energy investments with Founder Group Limited and Planet QEOS Sdn. Bhd. committing MYR1.16...
Record Commitments from Berlin Berlin has confirmed it provided €11.8 billion ($13.81 billion) in international climate finance during 2024, a record outlay designed to strengthen developing countries’ ability to respond...