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…
What will it take to get to “car-to-car” recycling? After a pandemic-induced hiatus, auto shows have returned with a newfound focus on the inevitable electric future of the automotive industry, and this year’s Paris Motor Show was no different. This…
Consultation begins on ‘major update’ to GRI Biodiversity Standard A proposed reporting standard that seeks to unlock accountability for the impacts organizations have on the natural world, informing the global response to a deepening biodiversity crisis, has been made available.…
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.…
The European Union has added the maritime shipping industry to its carbon market, meaning vessels will have to purchase credits to cover emissions emitted while using EU waters. Beginning in 2024 shipping companies will have to buy carbon credits to…
Several countries and automakers have called for reforms to the IRA, with opponents arguing that the EV credit could significantly disrupt the sector — and potentially violate free trade rules. In August, the Inflation Reduction Act (IRA) was signed into…
GRI reporting companies well prepared for new European Standards GRI has hailed the European Sustainability Reporting Standards (ESRS) as an important step towards implementing the Corporate Sustainability Reporting Directive (CSRD) and holding companies operating in the EU market accountable for…
Nestlé Waters will be the first company in Europe to benefit from the hydrogen fuel cell solution for massified rail freight. Developed by Alstom and ENGIE, it is estimated that this project will reduce emissions by 10,000 tons of CO2 equivalent per year in the long…