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…
Climate change is a global problem that needs global solutions. As the EU raises its own climate ambition, and as long as less stringent climate policies prevail in many non-EU countries, there is a risk of so-called ‘carbon leakage’. Carbon…
OUT NOW: New ICAP Status Report 2023 presents the latest developments in emissions trading systems worldwide Carbon markets hold steady amid energy cost surges, finds the International Carbon Action Partnership (ICAP)’s Emissions Trading Worldwide Status Report for 2023. The world’s…
Large suppliers to the Government of Canada will be compelled to disclose their greenhouse gas (GHG) emissions and set targets to reduce them, starting April 1, 2023, according to new standards released today. According to Canada’s new “Standard on the…
The European Central Bank (ECB) announced today the publication of a series of new statistical indicators aimed at helping to analyze climate-related risks in the financial sector and track the progress of the sustainable finance market. The launch of the…
Companies reporting under the new climate disclosure standards being developed by the International Sustainability Standards Board (ISSB) of the IFRS Foundation will be given an additional year to report on Scope 3 emissions, or those originating in a company’s value…
Demand for services would rise amid forthcoming SEC rules A rush of regulation and investor pressure is forcing companies to do a better job of tallying up the environmental impact of their operations and the products they sell. That’s stirring…
Airlines in the EU will be required to begin paying for excess carbon emissions, under a new agreement reached by the European Council and Parliament, aimed at aligning the EU’s aviation section with its climate goals. The agreement, revising the…
Frans Timmermans, Executive Vice-President for the European Green Deal, said: “To become climate neutral, deep and drastic emissions cuts will always be the core of our efforts. “But it is impossible to bring all of our emissions down to zero.…