Canada has amended the Competition Act to address greenwashing, imposing strict requirements for substantiating environmental claims. Businesses face substantial penalties and increased litigation risks if found non-compliant. Urgent review of public representations and robust compliance ...
Bezos Earth Fund grant establishes new Center at Imperial to transform global food systems from environmentally damaging to innovative by creating sustainable solutions. Imperial’s Bezos Center for Sustainable Protein, launched today, will develop innovative and ...
British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has committed $75 million to the second Green Basket Bond arranged by Symbiotics Investments, a leading emerging markets access platform and financial ...
Heirloom Carbon Technologies, Inc. announced it is moving forward with the first phase of a decarbonization project that combines public and private investment to create two direct air capture (DAC) facilities at the Port of ...
Denmark is set to become the first country to impose a CO2 tax on agricultural emissions, targeting livestock. This groundbreaking policy, achieved through extensive negotiations among various stakeholders, aims to significantly reduce greenhouse gas emissions. ...
The European Central Bank (ECB) has published its second set of climate-related financial disclosures, which provides information on the carbon footprint of its portfolios and their exposure to climate risks, as well as on climate-related ...
The Principles for Responsible Investment (PRI) has launched Spring, a stewardship initiative backed by over 200 investors managing $15 trillion in assets. The initiative focuses on reducing the financial risks associated with biodiversity loss by ...
The European Commission has launched the Climate City Capital Hub to provide financial support and advice to cities aiming for climate neutrality. With a €650 billion investment target, this initiative will leverage public and private ...
To catalyze a viable blue finance market, foster green bonds and support smaller businesses in Vietnam, IFC is providing a financing package of $150 million to Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB). The investment ...
Alcazar Energy Partners, a leading investor in renewable energy within growth markets, announces the launch of the largest wind farm project in North Macedonia with a capacity of up to 400 MW. This project represents ...
KKR, a leading global investment firm, and IGNIS, a leading integrated global renewable group based in Spain, today announce an agreement to launch IGNIS P2X, a new Power-to-X (P2X) platform to develop primarily green hydrogen ...
Neustark, a Swiss carbon removal company, has raised $69 million to expand its operations globally. Led by Decarbonization Partners and Blume Equity, the funding aims to remove 1 million tons of CO2 by 2030. Existing ...
Supply chain Scope 3 emissions are significantly higher than operational emissions, yet often overlooked. Despite their scale, only a fraction of corporates set targets for these emissions. The responsibility to address this gap lies with ...
In today’s ESG landscape, we are seeing more companies setting new carbon emissions reductions targets, such as committing to net-zero targets and science-based targets (SBTs). In fact, the number of companies committed to SBTi targets ...
At the IFRS Foundation Conference coinciding with London Climate Action Week—ISSB Chair Emmanuel Faber will announce further harmonisation of the sustainability reporting landscape, as the International Sustainability Standards Board (ISSB) embarks on its new two-year work plan ...
Vattenfall and Cemvision have entered an agreement (LOI) for the development and future supply of near-zero emission cement. The new cement has the potential to reduce carbon dioxide emissions by 95 per cent compared to ...
Pertamina published its debut Sustainable Finance Framework (Framework) which deepens the integration of its sustainability ambition into its financing strategy, thereby enabling Pertamina and/or its subholdings/subsidiaries to tap the market for financing of Green and ...
Greenhouse Gas Protocol (GHG Protocol) and the IFRS Foundation announced that they have signed a memorandum of understanding to guide future work and collaboration between GHG Protocol and the International Sustainability Standards Board (ISSB). The framework for measuring ...
Australia has issued its inaugural $7 billion green bond, signaling a significant advancement in the country’s sustainable finance market. This bond, aimed at financing projects that support climate change mitigation and adaptation, received substantial global ...
ExxonMobil and Air Liquide have formed a strategic partnership to drive the production and distribution of low-carbon hydrogen and ammonia, aiming to decarbonize industrial operations along the U.S. Gulf Coast. Key Impact Points: ExxonMobil (NYSE: ...