Companies Only Partly Ready for New IFRS Climate Reporting Standards: EY Survey
Companies globally are making progress with their climate disclosures, both in terms of the number of businesses reporting on climate-related factors and the quality...
Virgin Atlantic Completes First Ever 100% SAF-Powered Transatlantic Flight on Commercial Airliner
A consortium led by Virgin Atlantic announced the successful completion of Flight100, the first ever transatlantic flight by a commercial airline using 100% sustainable...
Impact Investor responsAbility Launches $500 Million Asia-Focused Climatetech Investment Strategy
M&G’s impact investing unit responsAbility Investments, together with Germany’s development bank KfW and the Dutch development bank FMO, announced the launch of new climate...
Carbon Removal Startup Carbo Culture Raises $18 Million
Finnish-American climate solutions provider Carbo Culture announced today that it has raised $18 million, with proceeds aimed at advancing the deployment and commercialization of...
Mizuho Invests in Climate Impact X to Expand Carbon Credit Market in Japan
Tokyo-based banking and financial services company Mizuho announced today an investment in carbon marketplace and exchange Climate Impact X (CIX), and the launch of...
FCA Releases Anti-Greenwashing and Sustainable Investment Product Rules
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, announced today the release of its...
Hydrogen-Electric Aviation Startup ZeroAvia Raises $116 Million
Hydrogen-electric aviation solutions startup ZeroAvia today announced that it has $116 million, with proceeds to be used to advance the company’s efforts to enable...
Over 4% of Global GDP at Risk from Climate Change by 2050, S&P Warns
More than 4% of GDP could be lost annually due to the physical impact of climate change, if temperature increase exceeds 2°C, with developing...
Major Financial Institutions Launch Impact Disclosure Taskforce to Enable Capital Flows to Achieve SDGs
A group of some of the world’s largest finance and investment companies announced today the formation of the Impact Disclosure Taskforce, a new initiative...
Deloitte, IBM Launch Sustainability Solutions Collaboration
Global professional services firm Deloitte and tech giant IBM announced today a new global collaboration, leveraging each companies’ sustainability solutions to help organizations accelerate...