Geneva, 9 May 2022 (WMO) – There is a 50:50 chance of the annual average global temperature temporarily reaching 1.5 °C above the pre-industrial level for at least one of the next five years – and the likelihood is increasing with time,…
The European Financial Reporting Advisory Group (EFRAG) announced the release of its initial draft of European Sustainability Reporting Standards, setting out the proposed rules and requirements for companies to report on sustainability-related impacts, opportunities and risks under the EU’s upcoming…
Global payment technology company Mastercard will begin including achievement of the company’s ESG goals in the calculation of bonus pay for all employees, according to a new post by CEO Michael Miebach. The new initiative marks an extension of the introduction…
Exclusive: The discovery shows the particles can travel around the body and may lodge in organs Microplastic pollution has been detected in human blood for the first time, with scientists finding the tiny particles in almost 80% of the people…
Today, the Council reached agreement (general approach) on the Carbon Border Adjustment Mechanism (CBAM) regulation, which is one of the key elements of the European Union’s ‘Fit for 55’ package. The main objective of this environmental measure is to avoid carbon…
GRI launches new standard to address sustainability challenges facing coal companies How can a sector that is responsible for 30% of global carbon emissions be held to account for its impacts, including ensuring that coal companies meet growing stakeholder demands…
Honeywell and Duke Energy Sustainable Solutions (DESS) announced today an agreement to jointly develop and deliver comprehensive energy resiliency solutions to targeted markets across the United States. The companies say the strategic alliance will strengthen energy security, focusing on communities with pressing resiliency needs,…
Multi-stakeholder demands for transparency on sustainability impacts can’t be ignored What does adopting ‘stakeholder capitalism’ really mean, and why should companies be accountable for their impacts on society and the environment, and not only the interests of investors? These key…
COP26 focused the attention of governments and businesses on a key target: limiting global temperature rise to 1.5C by halving global emissions by 2030. The Glasgow Climate Pact made clear that the days of coal and fossil fuels are numbered, that…
Handing a muted victory to proponents of nuclear and gas, the European Commission (EC) on Feb. 2 adopted a measure that labels some nuclear and gas energy activity as climate-friendly investments. However, it set out strict, potentially limiting technical screening…