Adani Group and Google have unveiled a strategic collaboration to boost clean energy consumption and drive sustainability in India. The partnership will see Adani harnessing power from a new solar-wind...
The European Union has officially pushed back the enforcement of its pivotal Regulation on Deforestation-free Products (EUDR), a move confirmed by European Commission President Ursula von der Leyen. Originally set...
As China stands as the world’s largest greenhouse gas emitter, its commitment to reducing emissions by 30% by 2035 is a pivotal element in the global effort to meet the...
The United States is falling behind its ambitious climate targets, with current efforts set to achieve only a 22% reduction in emissions by 2030, significantly short of the 50% reduction...
The big picture: Italy’s antitrust agency has launched an investigation into Shein’s website operator, Infinite Styles Services Co., over potentially misleading environmental claims. The investigation targets Infinite Styles Services CO....
Monetary Authority of Singapore (MAS) and the World Bank are leading efforts to accelerate the coal transition through market-based approaches. Speaking at the New York Climate Week MAS-World Bank event,...
Driving Sustainable Growth in Emerging Markets The International Finance Corporation (IFC), a member of the World Bank Group, and HSBC Asset Management (HSBC AM) have deepened their partnership by establishing...
Chinese companies have poured over $100 billion into overseas clean energy technology projects since the start of 2023, according to research by Australian group Climate Energy Finance (CEF). The investments...
Why It Matters Business schools must adapt to corporate trends by integrating Environmental, Social, and Governance (ESG) principles into accounting training. With more public companies issuing ESG reports and new...
The World Bank Group and partners launched the Sustainable Finance Knowledge Center for Francophone Africa. This virtual platform, available in English and French, is designed to empower companies and financial...
The world’s energy landscape is shifting rapidly, making it crucial for banks to rethink their strategies. While fossil fuels still dominate, the global momentum towards clean energy is undeniable. This...
Rockefeller Foundation Hosts AsiaXchange 2024: A Blueprint for Asia’s Green & Resilient Future The Rockefeller Foundation will host AsiaXchange 2024, focusing on “Accelerating Asia’s Equitable Green Transformation: Taking a Systems...
Global renewable energy jobs reached a record 16.2 million in 2023, according to the Renewable Energy and Jobs – Annual Review 2024 by the International Renewable Energy Agency (IRENA) and...
Unilever is catalyzing climate action across its supply chain through the Supplier Climate Programme, aimed at significantly reducing greenhouse gas (GHG) emissions by focusing on suppliers of raw materials and...
Key Impact Points: Tata Power, India’s leading integrated power company, announced a transformative investment of approximately ₹1.2 trillion ($14.32 billion) over the next decade in Rajasthan. This initiative, unveiled during...
Key Impact Points: Colombia has launched a $40 billion investment portfolio aimed at catalyzing its transition from fossil fuels and adapting to climate change impacts, confirmed by an environment ministry...
Key Impact Points: A.P. Moller Holding has unveiled its ambitious new venture, Vioneo, dedicating €1.5 billion towards developing a fossil-free plastics production platform. This initiative represents a significant stride towards...
Ferrari accelerates its transition to renewable energy by shutting down the trigeneration plant at its Maranello factory, advancing its decarbonisation efforts three months ahead of plan. Early Shutdown Drives Emission...
Key Impact Points: Microsoft has unveiled a groundbreaking initiative in Dublin, partnering with ESB to power its data centre using green hydrogen. This marks the first deployment of Hydrogen Fuel...
Expanding the Carbon Removal Rulebook The Integrity Council for the Voluntary Carbon Market (ICVCM) has approved a new suite of methodologies for engineered carbon dioxide removal (CDR), strengthening governance of...
A Life Devoted to Nature Dr Jane Goodall, the world’s most renowned primatologist and conservationist, died Wednesday at 91 while on a speaking tour in California, the Jane Goodall Institute...
A growing sovereign green bond market The Hong Kong Special Administrative Region has released its Green Bond Report 2025, providing a detailed account of how HK$240 billion (US$31 billion) in...
European businesses call sustainability a competitiveness issue A new survey of more than 2,500 senior executives across France, Germany, Italy, Spain and Poland reveals broad support for binding corporate sustainability...
Asia-Pacific Leaders Advance ESG Integration On the sidelines of UN General Assembly week, the United Nations Global Compact convened senior business leaders from Asia and Oceania for a closed-door Leadership...
Quality over Quantity Defines Luxury’s Next Phase The global luxury sector is navigating slowing demand, shifting consumer expectations, and a changing definition of value. According to the first EY Luxury...
New Capital for Expanding Energy Transition Services Nuveen has acquired a majority interest in Ally Energy Solutions, a U.S. provider of turnkey power and efficiency upgrades for commercial and industrial...
A Strategic Carve-Out in Solar TotalEnergies has sold a 50% stake in a 1.4 gigawatt (GW) solar portfolio across the United States to insurance vehicles and funds managed by KKR,...
Baton Rouge bets on carbon removal ExxonMobil has been selected to transport and permanently store carbon dioxide captured at AtmosClear’s planned biomass energy facility at the Port of Greater Baton...
New Pathways for Automotive Waste Porsche AG, BASF SE and Austrian technology firm BEST Bioenergy and Sustainable Technologies GmbH have completed a pilot project demonstrating the chemical recycling of complex...
A New Benchmark for Corporate Climate Expertise The Science Based Targets initiative (SBTi) has established the world’s first official register of certified experts qualified to guide companies through the complexities...
Oslo steps into global transition capital markets Norges Bank Investment Management (NBIM), manager of Norway’s $1.6 trillion sovereign wealth fund, has committed $1.5 billion to Brookfield Asset Management’s Global Transition...
Jakarta’s Waste Crisis Spurs New Energy Push Indonesia’s sovereign wealth fund, Danantara Indonesia, will roll out at least eight waste-to-energy plants by the end of October as part of a...
Brussels signs off on CBAM reform The Council of the European Union has adopted a regulation simplifying the bloc’s carbon border adjustment mechanism (CBAM), an instrument designed to prevent carbon...
Cyprus Decision Marks Next Phase Meeting in Europe’s most water-scarce country, the European Investment Bank (EIB) Group’s Board has adopted the second phase of its Climate Bank Roadmap, committing to...
Toronto’s first Climate Week is bringing together investors, business leaders, policymakers, and innovators to explore how climate action is reshaping markets and creating new opportunities. With dozens of sessions happening...
Regulatory Uncertainty Meets Investor Demands 2025 is proving to be a pivotal year for corporate sustainability disclosures. Thousands of companies have filed reports under the European Union’s Corporate Sustainability Reporting...
IBM is moving to address one of the persistent bottlenecks in corporate climate reporting: the accuracy and usability of greenhouse gas (GHG) emissions data. The company has introduced the Envizi...
Sarawak bets on hybrid clean power Malaysia’s Sarawak state has secured one of its largest private renewable energy investments with Founder Group Limited and Planet QEOS Sdn. Bhd. committing MYR1.16...
Record Commitments from Berlin Berlin has confirmed it provided €11.8 billion ($13.81 billion) in international climate finance during 2024, a record outlay designed to strengthen developing countries’ ability to respond...