Microsoft Signs One of the Largest Ever Carbon Removal Deals
Microsoft and Danish energy provider Ørsted announced Monday an agreement for the purchase of 2.76 million tonnes of carbon removal, marking one of the...
Nippon Steel Unveils Measures to Reduce Carbon Impact of Steelmaking
Tokyo-based Nippon Steel, one of the largest steelmakers in the world, has announced new carbon-reducing actions as part of the company’s Carbon Neutral Vision...
Climate Accounting Platform Persefoni Appoints Former SEC Commissioner Allison Herren Lee to Advisory Board
Climate management and accounting platform (CMAP) provider Persefoni announced the appointment of former SEC Commissioner and Acting Chair Allison Herren Lee to its Sustainability...
EU Parliament Proposes Ban on Green Claims Based Solely on Carbon Offsetting
Lawmakers in the European Parliament voted 544-18 to approve the adoption new proposed rules requiring companies to substantiate and verify their environmentalEnvironmental criteria consider...
Guest Post: Connected Climate Reporting – Driving Better Connectivity Between the Front and Back of an Annual Report
By: Larry Bradley, Global Head of Audit at KPMG International What’s the issue? Investors expect a company’s financial statements, management discussion and analysis (MD&A) and...
Only 20% of “Sustainable” Investment Funds Meet Proposed Anti-Greenwashing Criteria: Study
The large majority of sustainability-labelled investment funds classified as Article 8 (funds that “promote environmentalEnvironmental criteria consider how a company performs as a steward...
FTSE Russell Launches ESG Version of Flagship FTSE 100 Index
Index provider FTSE Russell announced today the launch of the FTSE UK ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for...
ESG Today: Week in Review
This week in ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to...
UK High Court Dismisses Climate Lawsuit Against Shell Directors
A climate-focused legal action against the board of directors of energy giant Shell in the UK will not be permitted to proceed, the High...
Circular Economy Startup ecoSPIRITS Raises $10 Million
EcoSPIRITS, a provider of circular economy solutions for the wine and spirits industry, announced that it has raised $10 million, with funds aimed at...