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Norway’s sovereign wealth fund is making a bold clean energy move — investing €1.4B ($1.5B) to acquire a 49% stake in two offshore wind farms under construction in Germany and...
Australia’s financial regulator, ASIC, has issued its new Regulatory Guide 280 (RG 280), clarifying compliance expectations under the country’s mandatory climate reporting law. The law, enacted in September 2024, requires...
Equinor, Shell, and TotalEnergies announced a NOK 7.5 billion investment decision to launch phase two of the Northern Lights carbon capture and storage (CCS) project. The decision follows a key...
The SEC voted today to stop defending its rules requiring companies to disclose climate risks and greenhouse gas emissions. Acting Chairman Mark T. Uyeda called the disclosure requirements “costly and...
Exus Renewables, a global independent power producer (IPP), announced a 10-year Power Purchase Agreement (PPA) with Google for the Cascante wind farm in Navarra, Spain. The partnership is pivotal in...
SPS Commerce has released its 2024 Environmental, Social, and Governance (ESG) Report, underscoring the company’s continued dedication to sustainable business practices and responsible corporate growth. CEO Chad Collins emphasized, “At...
Major US corporations, including Meta, McDonald’s, Walmart, Bank of America, and BlackRock, have recently scaled back their diversity, equity, and inclusion (DEI) initiatives. However, these changes may have limited direct...
Airbus announced a pilot program running through 2025 to test a “Book and Claim” model, enabling operators to “book” SAF quantities and “claim” emission reductions—even if the fuel is used...
BDO has appointed Jonathan (Jono) Szoke as Director to head its expanding ESG due diligence practice within the Deal Advisory team. Szoke, holding a master’s degree in environmental management, brings...
EU member states have approved the Council’s position on the “Stop-the-clock” mechanism aimed at simplifying EU sustainability regulations and enhancing business competitiveness. “Simplification is one of the priorities of the...
Spiritus, a leader in direct air capture (DAC) technology, has appointed Brian Higgins, PhD, as Vice President of Technology Innovation, and Scott Kongkitisupchai, PhD, as Senior Director of Engineering. Both...
Saudi Aramco, in collaboration with Siemens Energy, launched the Kingdom’s first Direct Air Capture (DAC) test unit, capable of removing 12 tons of CO2 per year from the atmosphere. This...
IKEA Australia’s latest FY24 sustainability report confirms significant climate action achievements, demonstrating profitability aligned with environmental stewardship. “We have reduced our operational climate footprint by 89% since FY16, while growing...
Schroders Greencoat, the specialist renewables manager within Schroders Capital, acquired a 49% share in Repsol’s 400 MW renewable portfolio, valued at €580 million. The portfolio consists of eight wind farms...
The British Standards Institution (BSI) has introduced groundbreaking government-backed standards, the Overarching Principles Standard (BSI Flex 701), to boost investment in nature-friendly projects across the UK. This pioneering standard—the first...
Pentagreen Capital, a sustainable infrastructure financing platform founded by HSBC and Temasek, and British International Investment (BII) have jointly launched an $80 million financing facility with ib vogt Singapore to...
The IFRS Foundation today launched the Jurisdictional Roadmap Development Tool, a key pillar of its Regulatory Implementation Programme, designed to guide jurisdictions in effectively adopting International Sustainability Standards Board (ISSB)...
Microsoft and RMI’s report “Impact Accounting Methodology for Building Construction” presents an innovative approach designed to substantially reduce greenhouse gas emissions in construction, specifically targeting the embodied carbon in building...
Renewable energy capacity surged by a record 585 gigawatts (GW) in 2024, reaching a total global capacity of 4,448 GW—marking the fastest annual growth rate ever at 15.1%, according to...
Swedish renewable energy developer OX2 has appointed Rebecca Karlsson as the new Chief Communications and Sustainability Officer. Karlsson, previously Head of Sustainability at OX2, has been with the company for...
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