The Council adopted a regulation creating a European green bond standard. The regulation lays down uniform requirements for issuers of bonds that wish to use the designation ‘European green bond’ or ‘EuGB’ for their environmentally sustainable bonds. Environmentally sustainable bonds are…
Lawmakers in the European Parliament voted 470-120 to approve new legislation mandating that renewables constitute 42.5% of the EU’s energy consumption by 2030, as well as setting more ambitious clean energy targets to several high-emitting sectors, and speeding up the…
According to the report that examines the steel industry in terms of its greenhouse gas emissions, the sector is responsible for approximately 7% of Turkey’s energy consumption and about 22% of energy consumption within the industrial sector. In line with…
More than 90% of executives are expecting to meaningfully increase their spending this year on ESG data, with the vast majority believing that ESG data investment is required to keep pace with competitors or to develop a competitive advantage, according…
Geneva, 6 September 2023 – Today, 27 of the world’s largest nature conservation organizations, institutes, business and finance coalitions, including WBCSD, have come together to launch a new initiative aimed at driving alignment around the definition, integrity and use of the…
The Chairman of the Turkish Parliament’s Environmental Committee and AK Party Istanbul Deputy, Murat Kurum, has announced that the Climate Law will be presented to the parliament for approval in the new term. Kurum stated, “Following discussions within our Environmental…
The Energy Efficiency Directive, officially approved on July 24, 2023, reflects the significant importance the EU places on energy efficiency. This Directive establishes the fundamental principle of “energy efficiency first” in EU energy policy, highlighting its vital role in the…
Executives and investors are increasingly focusing on energy transitions for their organizations, while actively planning for new technologies or methods to make those changes, and they don’t see a conflict between sustainability goals and long-term business success, a new report…