The Global Reporting Initiative (GRI) has launched two new climate-focused standards—GRI 102: Climate Change and GRI 103: Energy—to help organizations report their environmental impacts more effectively. These standards aim to streamline disclosures, align with global frameworks, and drive real-world climate action.

Global business leaders are increasingly optimistic about sustainability, with 52% planning to boost investments in 2024. The survey by Capgemini Research Institute involved 2,000 leaders across 15 countries, revealing a rise in confidence, with 56% anticipating future sustainability investments. This shift is driven by increasing awareness of climate disruptions' impact on businesses and government incentives. Government programs like the Inflation Reduction Act and the Green Deal Industrial Plan are influencing climate awareness and sustainable investment plans, with a great number of organizations planning to invest in clean energy technologies.