Basel Committee stands firm against US pressure to dilute work on climate risk
The Committee will prioritise its work to analyse the impact of extreme weather events on financial risks.
Green economy now generates more than US$5tn of revenue a year for investors
If considered a standalone sector, the green economy would be the second-best performer among all FTSE All World Index industries.
Aluminium group GrÀnges loses sustainability head
GrÀnges has made no mention of a replacement so far.
IAASB retires greenhouse gas reporting assurance standard
ISSA 5000 will replace ISAE 3410 for greenhouse gas reporting assurance.
Norwayâs sovereign wealth fund engages with miners over Amazon project concerns
"Rehabilitation of deforested areas is unlikely to mitigate the environmental damage resulting from the removal of intact rainforest."
EU warned (again) to tread with caution around Omnibus simplification
European lawmakers should âbetter heed the concerns of European investorsâ in their revisions to CSDDD and CSRD.
UK supermarkets urged to accelerate climate transition
"We are just not seeing the pace of progress we so urgently need for both people and planet."
COP30 presidency kicks off âpioneering experimentâ to mobilise bottom-up collective climate action
"This de-hierarchised form of mobilisation emerges spontaneously and organically when there is an urgent need that remains unmet."
EU carmakers granted slower start to CO2 reduction race
âItâs ironic that the EU is delaying emissions targets for the car industry just as EV sales surge."
LâOrĂ©al appoints new Europe Chief Sustainability Officer
"Lots of challenges ahead but I am more determined than ever to drive positive change."
Existing technologies could avoid 70% of fossil fuel methane emissions â yet these continue to rise
"The latest data indicates that implementation on methane has continued to fall short of ambitions.â
COP28 âcoal to cleanâ carbon credit scheme gets Verra approval
The initiative allows coal plants closing down before the end of their productive life to receive carbon finance.