ESG Europe
Sipchem has partnered with global supply chain risk management firm Achilles to enhance transparency, supplier performance, and ESG alignment across its operations. The petrochemical company, headquartered in Jubail Industrial City, Saudi Arabia, will adopt Achilles’ ...
Brussels – ESG News: The European Commission has launched a ‘Roadmap towards Nature Credits’ to attract private investment into biodiversity restoration and ecosystem preservation, rewarding businesses, landowners, and communities that take measurable nature-positive action. Nature ...
Abu Dhabi Islamic Bank (ADIB) has mobilised AED 17.3 billion (USD 4.7 Billion) in sustainable finance as of year-end 2024—marking significant progress toward its AED 60 billion target by 2030. This update was published in ...
ERM, the world’s largest specialist sustainability consultancy, has helped SSE and Equinor secure planning consent for the UK’s first hydrogen-to-power project — the Aldbrough Hydrogen Pathfinder — marking a key milestone in the country’s clean ...
The European Commission has adopted a Delegated Act to streamline the EU Taxonomy framework, significantly easing the compliance load for financial and non-financial companies. The changes are part of a broader effort under the Omnibus ...
UK local authorities are significantly increasing their climate efforts, identifying £67 billion worth of climate projects, even as nearly half say budget constraints are impeding progress. This is according to a new CDP report, From ...
The Luxembourg Stock Exchange (LuxSE) has launched the Transition Finance Gateway, a new initiative designed to spotlight transition efforts among over 500 non-financial corporate debt issuers and enhance transparency for investors navigating sustainable and conventional ...
Turkey is introducing mandatory sustainable aviation fuel (SAF) requirements for airlines and fuel suppliers to cut aviation emissions by 5% by 2030, according to its civil aviation authority. The initiative is designed to align with ...
The Green Climate Fund (GCF) Board has approved a historic $1.225 billion in funding at its 42nd meeting, marking the largest amount ever allocated during a single session. The funds will support 17 new climate ...
The UK government has launched its first-ever Onshore Wind Strategy, aiming to reverse nearly a decade of stagnation in the sector and deliver a major boost to its clean energy goals. The plan, part of ...
Phlair GmbH and Carbon Removal AS, through its subsidiary NorDAC Kollsnes AS, have signed an agreement to develop Europe’s first large-scale Direct Air Capture (DAC) and geologic CO₂ storage facility in Øygarden, Norway. The site ...
The International Sustainability Standards Board (ISSB) has released two exposure drafts proposing significant updates to the SASB Standards and aligned amendments to the Industry-based Guidance on Implementing IFRS S2. This marks a major step in ...
IKEA Components has begun a major sustainability shift by phasing out plastic fitting bags and replacing them with paper-based alternatives—cutting approximately 1,400 tons of virgin plastic annually. The initiative is part of IKEA’s Plastics Out ...
Salesforce has unveiled Agentforce for Net Zero Cloud, a next-generation AI-powered assistant designed to accelerate sustainability reporting, slash operational costs, and increase business efficiency by automating complex compliance tasks and surfacing actionable emissions insights. “Gone ...
Terra CO2, a U.S.-based low-carbon building materials company, announced it has secured $124.5 million in Series B funding to scale its commercial production of sustainable cement alternatives. The round was co-led by Breakthrough Energy Ventures, ...
Allianz Commercial has launched its Climate Adaptation & Resilience Services (CAReS) platform to help businesses identify, evaluate, and reduce exposure to climate risks amid rising losses from natural catastrophes. The CAReS platform enables companies to ...
The European Commission has released a new Recommendation on Tax Incentives to support the Clean Industrial Deal (CID), a key pillar of the EU’s climate-neutral strategy. This initiative outlines a robust framework for Member States ...
J.P. Morgan’s blockchain unit, Kinexys, has launched the next phase of its carbon market initiative, developing a blockchain-based application to tokenize global carbon credits. The solution—built on Kinexys Digital Assets, the firm’s multi-asset tokenization platform—is ...
Mars Incorporated has announced a 1.9% absolute reduction in greenhouse gas emissions in 2024, reinforcing its continued ability to decouple environmental impact from economic growth. Since 2015, the company has now achieved a 16.4% reduction ...
The Global Reporting Initiative (GRI) has launched a global public comment period on proposed revisions to two of its core labor standards—Diversity and Inclusion and Non-Discrimination and Equal Opportunity—as part of a comprehensive update to ...
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