A group of data center operators has told the European Commission how much water it will use as part of a target to improve efficiency and conservation. The Climate Neutral Data Centre Pact (CNDCP), an initiative that includes 74 data…
After almost two years of uncertainty and the ever-looming threat of losing the congressional majority without passing any major climate legislation, Democratic senators are finally ready to support a bill that offers incentives for crucial climate technologies. Senators Chuck Schumer…
Starting in 2023, life will get progressively more complicated for companies importing energy-intensive products into the European Union, as well as for their non-EU suppliers. That’s when the EU will begin implementing the Carbon Border Adjustment Mechanism (CBAM), more commonly…
Credit ratings agency Fitch Ratings announced today the publication of Climate Vulnerability Scores for the retail sector, examining the exposure of companies in the sector to long-term low-carbon transition risks. The report identifies the apparel, and the durable goods and…
BRUSSELS, July 6 (Reuters) – The European Parliament on Wednesday backed EU rules labelling investments in gas and nuclear power plants as climate-friendly, throwing out an attempt to block the law that has exposed deep rifts between countries over how…
The European Union has agreed to impose gender quotas to ensure women have at least 40 per cent of seats on the boards of large companies. After a decade of deadlock on the topic, the proposal got new momentum this…
High-profile electric vehicle maker Tesla was removed from the S&P 500 ESG Index in the benchmark’s annual rebalancing, as the company’s ESG score was held back by its lack of a low-carbon strategy, and its exposure to risk stemming from…
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…
The Securities and Exchange Commission (SEC) proposed rules Monday that would force publicly traded companies to reveal the ways climate change could threaten their businesses and their own contributions to global warming. The SEC voted 3-1 Monday to propose long-awaited standards for…