The Big Picture Australia’s mandatory climate reporting starts January 1, 2025, following the passage of the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill. Royal Assent is expected...
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...
CEOs’ Priorities Shift Away From Sustainability New research from Bain & Company reveals a sharp decline in CEOs’ focus on sustainability as artificial intelligence, inflation, and geopolitical uncertainties rise to...
Schneider Electric, a leader in energy management, has partnered with GR3N to revolutionize the plastic recycling industry. GR3N’s Microwave Assisted DEpolymerization (MADE) process breaks down polyethylene terephthalate (PET) waste into...
The U.S. Environmental Protection Agency (EPA) has issued three draft permits to Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental Petroleum, for the underground storage of carbon dioxide. These...
Nasdaq ESG Solutions has partnered with Crux, a sustainable finance technology company, to help businesses navigate the emerging market of transferable tax credits. This collaboration allows companies to both manage...
ESG has had its ups and downs over the last few years. We hit peak ESG in 2021 with record investment flowing toward ESG-labeled funds and the highest number of mentions in earnings...
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...
Europe’s climate is changing fast, bringing extreme weather that poses significant risks to the region’s economy, environment, and health. With the continent warming at twice the global average since 1980,...
Volvo Trucks is set to revolutionize the electric truck market with its latest model, which boasts a range of up to 600 km on a single charge. This new capability...
BNP Paribas Accelerates Ecological Transition with €150M Fund BNP Paribas Asset Management (BNPP AM) announced that the BNP Paribas Solar Impulse Venture Fund (BNPP SIVF) has successfully raised its minimum...
The United Nations is collaborating with the Government of Tajikistan to develop a green bond market, aiming to enhance sustainable finance in the country. The UN Economic and Social Commission...
Mercedes-Benz Research and Development India (MBRDI) has broadened its Sustainability Garage initiative, an effort aimed at promoting sustainable mobility and environmental innovation. This expansion includes the establishment of two new...
Addressing the Heat Crisis Google Research is harnessing the power of AI to tackle one of the most pressing environmental challenges: extreme urban heat. The new Heat Resilience tool, developed...
Fastmarkets, a leader in cross-commodity price reporting, has launched its first sustainable aviation fuel (SAF) prices for the North American market. This new initiative is designed to enhance transparency and...
BNP Paribas Asset Management (BNPP AM) has launched two new equity funds under its Active Beta exchange-traded funds (ETFs) range: the BNP Paribas Easy Sustainable Japan UCITS ETF and the...
ADNOC’s Strategic Stake in ExxonMobil’s Hydrogen Plant Abu Dhabi’s ADNOC will acquire a 35% stake in ExxonMobil’s upcoming hydrogen plant in Baytown, Texas. This move is part of a broader...
Volvo Car AB has revised its electric vehicle (EV) strategy, moving away from its initial goal of becoming fully electric by 2030. Instead, the company now plans for plug-in hybrids...
Poland is now aiming for a 56% share of renewable energy in its electricity mix by 2030, according to Climate Minister Paulina Hennig-Kloska. This target, presented in a draft of...
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...