Sustainable Finance

PCAF: 500 FIs now signed up to financed emissions accounting standard

The organisation's methodology to assess capital market emissions was integrated into NZBA guidelines this year.

Melodie Michel

02 August 2024

Operations & Finance

Report: Listed firms responsible for environmental damages worth 4% of global GDP

More than a quarter of companies generate environmental costs larger than their net income.

Melodie Michel

30 July 2024

Policy & Standards

Biden vs. Trump: Climate priorities and policy

The outcome of this election is expected to shape the future of the energy transition.

Olivia Peluso

18 July 2024

Operations & Finance

Report: Nike slashes sustainability staff

The sportswear giant made waves when it committed to both doubling its business and halving its carbon footprint. Instead, its sustainability team has been disproportionately affected by layoffs and transfers.

Olivia Peluso

13 July 2024

Carbon offsets

Amazon claims 100% clean energy, but some criticise an inaccurate depiction

Amazon claims that effectively all of the electricity it used last year came from sources that did not emit greenhouse gasses. Experts say the company’s method of determining its footprint has a caveat.

Olivia Peluso

10 July 2024

Operations & Finance

Spain aims to boost green hydrogen with long-awaited subsidies

The nearly 800 million euros in subsidies come nearly two years after gaining approval from the European Commission.

Olivia Peluso

09 July 2024

Energy Transition

US not on track to meet 2030 wind goal

Soaring material costs, high interest rates, and supply chain hiccups are plaguing the transition to clean energy in the U.S.

Olivia Peluso

09 July 2024

Policy & Standards

German 2025 budget includes 'record investment' in renewables, says Scholz

After intense negotiations and mounting pressure for spending cuts, Germany clinched a 2025 budget deal including “record investments” in renewable power and industrial decarbonisation.

Olivia Peluso

05 July 2024

Operations & Finance

Survey: Most financial executives are lost on how to report ESG data

More guidance on data collection must be granted to help companies tap into their ESG-driven potential, says Jens Laue.

Olivia Peluso

05 July 2024

Operations & Finance

GM fined $145.8 million after US finds excess emissions

GM is the latest carmaker to get slapped with hefty fuel economy penalties.

Olivia Peluso

03 July 2024