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The European Parliament announced that it has adopted new rules on environmental crimes and related sanctions aimed at strengthening ecosystem protection, including expanding the list of criminal environmental offences, and harmonized sanctions including fines and imprisonment. The new directive, which was approved by MEPs in a 499 – 100 vote, will now proceed to enter […]
The Albanese Government is taking action to improve workplace gender equality, with the gender pay gaps for nearly 5,000 Australian private sector employers today being published for the first time. It comes after Labor’s reforms passed the Parliament last year, a key driver for employer action to speed up progress to close the gender pay […]
This week in ESG news: EU adopts new law against greenwashing; Walmart reaches 1 billion ton supply chain emissions reduction milestone; S&P forecasts $1 trillion sustainable bond market in 2024; Airbus, TotalEnergies launch sustainable aviation fuel partnership; Verizon invests $1 billion in renewable energy; EU lawmakers agree to certification system for carbon removal projects and […]
Cleantech startup AtmosZero announced that it has raised $21 million, with proceeds to be used to commercialize its solution to tackle industrial emissions by decarbonizing industrial steam. Industrial steam, used in industries ranging from food and beverage production to chemical manufacturing and across the built environment, accounts for approximately 15% of industrial energy usage, and […]
S&P Global today published the latest edition of its Look Forward research series, focusing on the most important themes that will drive the development of global supply chains through to 2030. The global supply chain industry finds itself at a juncture, grappling with pressures from geopolitical tensions, shipping disruptions and looming threats from climate change and technological advances. […]
Clean energy technology startup Sage Geosystems announced that it has raised $17 million in a Series A financing round, with proceeds aimed at fully funding a new commercial geothermal-based energy storage facility. Founded in 2020, Houston, Texas-based Sage Geosystems is developing solutions aimed at making geothermal energy, typically limited to volcanic regions or requiring deep […]
This week, the world’s second-largest economy released a mandatory sustainability disclosure regulation for its three largest stock exchanges. Beginning in 2026, large companies listed on the Shanghai, Shenzhen, and Beijing Stock Exchanges will have to disclose a range of sustainability information across a broad set of environmental, social, and governance categories, including climate change, ecosystem […]
United Airlines announced today the addition of several new corporate partners to its its sustainable aviation fuel (SAF)-focused investment fund, the United Airlines Ventures (UAV) Sustainable Flight Fund, bringing the capital committed to the fund to over $200 million. The new partners include Aircastle, Air New Zealand, Embraer, Google, HIS, Natixis Corporate & Investment Banking, […]
The first-ever State of the World’s Migratory Species report was launched by the Convention on the Conservation of Migratory Species of Wild Animals (CMS), a UN biodiversity treaty, at the opening of a major UN wildlife conservation conference (CMS COP14). The landmark report reveals: While some migratory species listed under CMS are improving, nearly half (44 per cent) are […]
This week in ESG news: EU lawmakers agree to regulate ESG ratings providers; Brookfield raises $10 billion for climate transition fund, on track for largest ever; EU proposes new 2040 climate goal; Deloitte, Informatica, Workiva partner on ESG data and reporting; HSBC, Google launch climate tech finance partnership; GRI launches sustainability reporting standard for mining […]