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The UK government has announced a record budget of over £1.5 billion for the next renewable energy auction, aiming to enhance energy security and reduce costs for families and businesses....
The International Accounting Standards Board (IASB) has published a consultation document proposing eight examples to illustrate how companies should report the effects of climate-related and other uncertainties in their financial...
ISS ESG, the sustainable investment arm of ISS STOXX, has introduced a new Industry Average Emission Intensity Data Set as part of a major augmentation to its Climate Solutions. This...
Deutsche Bank has introduced BASF’s first sustainability-linked payables finance program in Asia, targeting operations in China. This tailored solution meets global standards while catering to local business needs. The program...
Schneider Electric, a leader in energy management and automation, released its Q2 2024 sustainability scores alongside half-year financial results. This update is part of their Sustainability Impact (SSI) program, essential...
Leveraging Technology in ESG Global capability centres (GCCs) are driving ESG initiatives with over 1,600 centers in India, expected to reach 1,900 by 2025, hitting a market size of $60...
Outperformance Across Regions and Timeframes Companies that scored highest on the social pillar in MSCI ESG Ratings have consistently outperformed their lower-scoring peers over the past 11 years. This phenomenon...
ArcLight has launched SkyVest Renewables, committing an initial $500 million to operate and optimize renewable assets. As part of this initiative, ArcLight has acquired a 160 MW wind farm in...
The Science Based Targets initiative (SBTi) has released four technical documents, marking an early step in revising the Corporate Net-Zero Standard. This effort aims to enhance strategies for addressing scope...
The number of plastic bags found on UK beaches has plummeted by 80% over the past decade, following the introduction of a mandatory fee for single-use carrier bags. According to...
Enhanced Biodiversity Reporting Global Reporting Initiative (GRI) and the Taskforce on Nature-related Financial Disclosures (TNFD) have unveiled a joint interoperability mapping resource. This tool outlines the alignment between TNFD Disclosure...
Google, PacificLight Energy (PLE), and Rexus Bioenergy (RExus) have entered a 10-year collaboration. PacificLight will offtake renewable energy from RExus’s Waste Wood-to-Energy (WWtE) Plant and supply it to Google. This...
KLM Royal Dutch Airlines and ZeroAvia are partnering to demonstrate a zero-emission flight using ZeroAvia’s ZA2000 hydrogen-electric engines by 2026. This collaboration represents a significant step towards sustainable aviation. Hydrogen-electric...
A recent survey of nearly 500 sustainability professionals by Salesforce reveals a complex relationship between AI and sustainability. While 4 in 10 professionals worry about AI’s potential negative impacts, 57%...
Germany-based osapiens, an ESG platform provider, has secured $120 million in Series B funding led by Growth Equity at Goldman Sachs Alternatives. This investment follows the $27 million Series A...
The European Investment Bank (EIB) has activated a €5 billion initiative to bolster Europe’s wind-energy equipment manufacturers. This includes a €500 million counter-guarantee to Deutsche Bank AG, facilitating up to...
The Spanish government has approved nearly 300 renewable power projects, aiming to boost the country’s green energy capacity by over 28 gigawatts. This move, announced on Monday, is part of...
Air New Zealand Adjusts Emission Goals Air New Zealand has retracted its 2030 emissions reduction target, citing delays in the delivery of fuel-efficient aircraft and the high cost of green...
Longevity Partners launches a revolutionary Decarbonisation Dashboard to aid global real estate in cutting carbon emissions. This proprietary tool enables asset managers to track and reduce carbon footprints, optimize energy...
International Airlines Group (IAG) has inked a landmark agreement with Repsol for over 28,000 tons of sustainable aviation fuel (SAF), marking the largest SAF purchase in Spain. This fuel will...
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