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...
New Zealand Steps Into Utility-Scale Solar with Global Technology Partner Global solar tracker manufacturer GameChange Solar has entered the New Zealand market through a partnership with Bright Fern Energy on...
A Cross-Border First for Asia’s Energy Transition From ridgelines in southern Lao PDR, 133 turbines now send clean electricity across the border into Vietnam. The Monsoon Wind Power Project, which...
Rising Influence of Family Offices in ESG The latest survey from the Sustainable Finance Initiative (SFI) indicates a profound shift in global capital allocation, with 90% of family offices now...
Rome advances utility-scale renewables Enfinity Global has closed €316 million ($341 million) in financing to build eight utility-scale solar plants across Emilia Romagna, Basilicata, and Lazio. With a combined capacity...
A Strategic Bet on Hydrogen’s Next Phase Thyssenkrupp nucera has finalized the acquisition of core technology assets from the insolvent Danish company Green Hydrogen Systems (GHS), in a move designed...
Highlights Sphera, the Chicago-based sustainability and operational risk management software firm, has secured a new round of growth capital from Neuberger Berman Capital Solutions, adding a second major institutional backer...
Ghana and Singapore are strengthening their cooperation on sustainable development and agribusiness following bilateral talks in Singapore. The two countries confirmed they will deepen collaboration across carbon markets, modern agriculture,...
Diginex Limited and SGS have reaffirmed their strategic alliance to deliver technology-enabled sustainable finance solutions, extending a partnership first formed in 2022. The renewed collaboration aims to tackle rising demand...
Iberdrola España has begun commissioning its Ciudad Rodrigo photovoltaic plant, its second solar facility in Salamanca and one of the largest in Castilla y León. The 316 MW project, developed...
A new World Bank report warns that environmental decline is not only a climate crisis but also a major drag on economic growth. The study, Reboot Development: The Economics of...
TRIIBE is a nonprofit founded in 2024, is focused on helping established college-student-run nonprofit founders scale impact. TRIIBE has already formed a community rooted in resilience, compassion, and action. Most...
The Trump administration has canceled $679 million in federal funding for 12 offshore wind projects, a move that effectively derails several cornerstone initiatives launched under the Biden administration’s clean energy...
PepsiCo has released its 2024 ESG Summary, highlighting progress against its PepsiCo Positive (pep+) sustainability and nutrition strategy. Introduced in 2021, pep+ embeds sustainability across the company’s operations, guiding growth...
The Reserve Bank of India (RBI) has been advised to strengthen its climate risk framework by balancing global best practices with domestic realities, according to a new report by the...
Utrecht Leads with a Sharper Line on ESG UTRECHT – The Dutch pension fund PFZW has severed mandates worth roughly $34 billion with global managers BlackRock and Legal & General...
Copenhagen readies first EU-compliant sovereign green bonds Denmark is preparing to enter capital markets with what would be the world’s first sovereign bonds issued under the EU Green Bond Standard...
RMI’s climate tech accelerator, Third Derivative, has welcomed 18 startups from six countries across four continents, broadening its portfolio to more than 280 companies. The program is designed to accelerate...
Rolls-Royce’s Power Systems division, in partnership with Microsoft, has released a position paper making the case for Hydrotreated Vegetable Oil (HVO) as a low-carbon backup fuel for Singapore’s fast-growing data...
Temasek-owned investment platform GenZero has published its inaugural sustainability report, setting out a new climate target and highlighting progress just three years after its launch. By 31 March 2028, GenZero...