Canada’s 2035 Emissions Target: Balancing Climate Action and Economic Growth Canada has unveiled an ambitious emissions reduction target of 45-50% below 2005 levels by 2035, reinforcing its commitment to achieving...
Groupe SEB’s 2030 ESG Roadmap Groupe SEB, a global leader in small domestic equipment, is doubling down on sustainability with its 2024-2030 ESG roadmap, unveiled during its ESG Investor Day....
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: Microsoft has launched a groundbreaking datacenter design that consumes zero water for cooling, a significant step toward sustainability amid rising water stress. The innovative design employs chip-level cooling...
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...
The Story: California has delayed full enforcement of its climate reporting requirements, originally set to begin in 2026. The California Air Resources Board (CARB) announced it would use “enforcement discretion,”...
The Story: Ecuador has introduced a $1 billion bond as part of a debt-for-nature swap aimed at funding conservation efforts in the Amazon rainforest. This move builds on the success...
A new EY Institutional Investor Survey highlights growing skepticism and inaction within the investment community regarding ESG (Environmental, Social, and Governance) priorities. Investors wary of ESG reporting The survey of...
ING has introduced the ING Upgrader, an all-in-one service designed to make sustainable home improvements easier and more accessible for its mortgage customers. Launched on December 9, the service addresses...
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...
DWS has announced the first close of its ESG Infrastructure Debt Strategy (EIDS), securing €323 million from institutional investors across EMEA and APAC. This milestone highlights growing demand for sustainable...
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...
Schneider Electric has been named the official sustainability partner of the Boston Athletic Association (B.A.A.), which organizes the Boston Marathon and other iconic races. The six-year partnership will focus on...
The Asia-Pacific (APAC) region is accelerating its adoption of climate-related financial disclosure regulations aligned with the International Sustainability Standards Board (ISSB). With ISSB standards taking effect globally in January 2024,...
Verra, the global leader in climate action and sustainable development standards, has joined the Singapore Sustainable Finance Association (SSFA) to advance climate initiatives in Southeast Asia. This partnership aligns Verra’s...
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...
Switzerland has made significant progress toward its net-zero emissions goals, achieving a 24% reduction in emissions from 1990 to 2022, while doubling the size of its economy. A new UBS...
India is taking a bold step to boost local manufacturing in its clean energy sector. Starting June 2026, all solar photovoltaic (PV) modules used in clean energy projects must be...
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...
Why it matters: The EU’s Corporate Sustainability Reporting Directive (CSRD) is reshaping sustainability reporting, requiring detailed ESG disclosures aligned with European Sustainability Reporting Standards. Many businesses are struggling to meet...
Why it matters: Offshore wind is pivotal for decarbonizing hard-to-abate sectors and achieving global net-zero goals. bp and JERA are joining forces to accelerate progress with JERA Nex bp, set...
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: Brookfield Renewable, a global leader in renewable power, continues to align its financing strategy with ESG priorities. This issuance demonstrates investor appetite for sustainable investments and bolsters...
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
Companies racing to meet the EU’s Corporate Sustainability Reporting Directive (CSRD) requirements are now facing an added layer of complexity as the rule is set to be re-opened and potentially...
Brisbane, Calif. – Heirloom, a leading U.S. Direct Air Capture (DAC) company, has raised $150 million in Series B funding to scale its cost-efficient carbon removal technology. Co-led by Future...
Oslo, Norway, Dec 6, 2024 (ESG NEWS) – SLB Capturi has achieved a major milestone with the completion of the world’s first industrial-scale carbon capture plant at Heidelberg Materials’ cement...
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...
London, Dec 6, 2024 (ESG NEWS) – Qatar has officially launched the trading of its first green bonds on the London Stock Exchange (LSE), marking a milestone in the nation’s...
Riyadh, Dec 6, 2024 (ESG NEWS) – The King Abdullah Petroleum Studies and Research Center (KAPSARC) and Climeworks, a global leader in carbon dioxide removal, have signed a Memorandum of...
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...
EQT, a global investment leader, has unveiled its Transition Infrastructure strategy, focused on scaling businesses that drive the shift to clean energy and a circular economy. This strategy targets investments...
The Climate Investment Funds (CIF) board has approved a $37 million investment plan to protect Ethiopia’s rural communities from climate-related shocks and safeguard its carbon-rich forests. With $492 million in...
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....
Mirova, a sustainability-focused investment manager under Natixis Investment Management, has launched an integrated real assets platform combining its Energy Transition Infrastructure, Natural Capital, and Private Equity businesses. The platform, effective...