
Sustainability and ESG News
ISSB Proposes Scope 3 Reliefs for Financial Sector Amid ESG Reporting Challenges
The ISSB is proposing targeted amendments to IFRS S2 that would ease Scope 3 reporting obligations for the financial sector. These changes aim to address implementation challenges while maintaining transparency for investors.
CDP's 2024 Environmental Scores: A Step Towards a Sustainable Future
CDP's latest environmental scores reveal significant progress in corporate transparency and action towards sustainability. This article highlights key findings and trends from the 2024 CDP scores, emphasizing the importance of data-driven decisions in building a sustainable future.
The Energy Transition’s Next Chapter: Clean Power Gains, Fossil Fuels Fade, and AI Joins the Grid
BloombergNEF’s New Energy Outlook 2025 reveals an energy landscape shaped by economic competitiveness, data center growth, and maturing clean technologies. While global emissions may have peaked in 2024, the path to net zero demands faster action and broader policy support.
UK Strengthens Carbon and Nature Credit Markets to Boost Green Finance
The UK government has launched initiatives to enhance voluntary carbon and nature credit markets, aiming to drive growth and investment while addressing the climate crisis. This move is part of the UK's broader Plan for Change, positioning the country as a global hub for green finance.
SEC Approves First U.S. Green Stock Exchange
The U.S. Securities and Exchange Commission (SEC) has approved the Green Impact Exchange (GIX), the first U.S. stock exchange dedicated to sustainability. Set to launch next year, GIX aims to meet the growing demand for sustainable investments.
Germany’s 2025 Coalition Agreement: Key ESG Takeaways
Germany’s new coalition agreement outlines major shifts in energy and climate policy. It reinforces the country’s path toward decarbonization with specific targets, timelines, and investment plans.
Global Shipping Industry Commits to Net-Zero Emissions by 2050 with New IMO Agreement
Countries have reached a historic agreement to cut greenhouse gas emissions from global shipping, aiming for net-zero emissions by 2050. This landmark deal introduces mandatory fuel standards and a carbon pricing mechanism to drive the shipping industry towards cleaner practices.
EU's Tariff Retaliation and ESG Implications
The European Union's recent imposition of tariffs on U.S. goods marks a significant development in the ongoing trade tensions. This article delves into the specifics of the tariffs, their broader implications, and other key ESG updates.
Accelerating Clean Transportation: 2025 Progress and Insights
Global efforts to decarbonize transport are advancing, with corporate commitments and policy support driving momentum. However, critical barriers, including infrastructure gaps and limited vehicle availability, must be addressed to rapidly scale impact.
EU Emissions Trading System: Significant Reductions in Greenhouse Gas Emissions
The EU Emissions Trading System (EU ETS) has successfully reduced emissions in covered sectors by 50% since 2005. This achievement highlights the system's effectiveness in driving decarbonization across Europe.
Major ESG Developments in March 2025
The latest update from Wilson Sonsini's Sustainability and ESG Advisory Practice highlights significant regulatory and reporting developments in the ESG landscape. Key topics include the SEC's decision to end its defense of climate disclosure rules, the EPA's deregulatory actions, and updates to international ESG standards.
ING’s Climate Targets Gain Validation from SBTi
ING’s climate targets have been validated by the Science Based Targets initiative (SBTi), confirming they align with global efforts to limit warming to 1.5°C. The bank’s climate strategy focuses on reducing carbon emissions across its portfolio and financing the transition to a low-carbon economy.
EU Council Approves Corporate Sustainability Reporting Delay
The EU Council has approved a delay in corporate sustainability reporting requirements until 2028. This decision is part of a broader effort to reduce the regulatory burden on businesses while maintaining the EU's commitment to sustainability.
CFOs Increase Strategic Investments in Tech
n 2025, CFOs are investing in technology despite declining economic optimism as displayed through a survey conducted by Grant Thornton. Key areas of focus include digital transformation, customer satisfaction, and data quality.
Simplifying Sustainable Finance for SMEs: Platform on Sustainable Finance Report
Small and Medium-sized Enterprises (SMEs) are key players in Europe’s sustainability transition but face challenges in accessing green finance. A proposed SME Sustainable Finance Standard aims to streamline financing processes, making it easier for SMEs to secure funding for sustainability efforts.
PwC’s State of Decarbonization Report: The Strategic Path to Net Zero
Decarbonization is not just a necessity for the planet but a strategic opportunity for businesses. This article explores how companies can align their decarbonization efforts with growth, profitability, and stakeholder trust.
Understanding the Net-Zero Standard V2: Key Insights for Businesses
The Science Based Targets initiative (SBTi) has released the consultation draft of its Net-Zero Standard V2, aimed at helping businesses set clear, science-backed targets to reach net-zero emissions. This draft outlines the necessary steps and criteria for companies to follow in reducing their carbon footprint and achieving net-zero by 2050.
The Sustainability Value Triangle: A Path to Business Success
The "Sustainability Value Triangle" report shows how businesses can unlock value by integrating sustainability with finance and IT. The key to success lies in collaboration, data, and new technologies like AI.
BCG Insights: Investing in Climate Action
Investing in climate action is not just an environmental necessity but also an economic imperative. This article explores why allocating resources to mitigate and adapt to climate change can yield significant economic benefits and prevent substantial losses.
North Sea Collision: Environmental and Industry Impacts of the Tanker Disaster
A recent collision between a U.S.-flagged oil tanker and a Portuguese-flagged cargo ship in the North Sea has raised significant environmental concerns. The incident resulted in a massive fire and fuel spill, highlighting the immediate need to improve current safety measures.