The climate disclosure rules established by the Securities and Exchange Commission (SEC) represent a significant turning point in the way in which corporations conduct themselves about environmental accountability and transparency. By…
Germany-based power producer RWE has successfully completed its first U.S. green bond issuance, raising $2 billion to finance renewable energy projects. The issuance was divided into two tranches: $1 billion…
EdgeConneX, a global data center provider, has successfully secured $1.9 billion in sustainability-linked financing to support its expansion across the EMEA region, with interest rates tied to its environmental sustainability…
In Canada, Environmental, Social, and Governance (ESG) reporting has evolved from a mere corporate buzzword to a crucial element of accountability and transparency in the business sector. It signifies the…
The European Council has formally adopted the revised Energy Performance of Buildings Directive (EPBD), setting forth stringent new regulations to reduce energy use and emissions across EU buildings. Mandating that…
The Corporate Sustainability Due Diligence Directive (CSDDD) establishes a framework that mandates European Union companies to proactively conduct due diligence with respect to their environmental and human rights impacts. The…
The European Parliament has voted to adopt a new law establishing a certification system for carbon removals, aiming to monitor, quantify, and verify the effectiveness of such initiatives while addressing…
Toyota Ventures, the venture capital arm of automotive giant Toyota, has announced the launch of the Toyota Ventures Climate Fund II (TVCF II), aimed at advancing startups that focus on…
Public companies globally are making strides in disclosing their greenhouse gas emissions, with approximately 60% reporting direct Scope 1 and 2 emissions and over 40% disclosing some Scope 3 emissions,…
The Science Based Targets initiative (SBTi) has announced an update to its Corporate Net-Zero Standard, expanding the use of environmental attribute certificates, such as emissions reduction credits, to address Scope…
Environmental, Social, and Governance (ESG) reporting has evolved from a niche interest to a cornerstone of modern corporate strategy, reflecting a broader shift in global business practices towards sustainability and…
In an ambitious move to transform urban mobility across emerging markets, Drive Electric announces the Leapfrogging Partnership, energized by a $100 million investment from the IKEA Foundation. This groundbreaking initiative…