Sustainability
LATEST NEWS FROM SUSTAINABILITY
Sustainability
Wind, not nuclear, is the best way to meet Sweden's climate goals, leading think tank says
The cheapest way for Sweden to meet its expected rise in demand for electricity and goal of net zero emissions by 2045 is to build more onshore wind parks rather than increase the ...
Sustainability
Bloomberg philanthropy to cover U.S. climate dues after Paris withdrawal
Former New York Mayor Michael Bloomberg's philanthropy and other U.S. funders said on Thursday they will cover U.S. financial obligations to the UN climate framework after Presiden...
Sustainability
A fifth of private deals last year 'sustainable', UBS exec says
A fifth of private deals in 2024 had some sustainability element, UBS' EMEA president told delegates at the World Economic Forum in Davos on Wednesday.
Sustainability
One Boston CEO's FOMO RTO strategy
While leaders from the White House to Wall Street order workers back into their offices, one Boston CEO uses carrots rather than sticks to lure his employees to work.
Sustainability
Carbon markets investor kicks off $1.5 billion Amazon protection plan in Davos
A carbon markets investor backed by Swiss-trading house Mercuria said on Wednesday it had joined with two non-profits to raise an initial $1.5 billion to help protect the Amazon, b...
Sustainability
Thai cabinet approves collection of carbon tax
Thailand's cabinet on Tuesday agreed to levy a carbon tax of 200 baht ($5.88) per ton of carbon emissions, a deputy finance minister said, as part of the country's efforts to reduc...
Sustainability
Indonesia plans to offer carbon credit certificates to foreign buyers next week
Indonesia plans to start offering carbon credit certificates to international buyers next week, the country's carbon exchange said, to raise funds to help efforts to achieve its ca...
Sustainability
EU auditors warn cities unlikely to meet tougher air, noise pollution targets
European Union cities are unlikely to meet stricter air quality and noise pollution targets in the coming years, the European Court of Auditors (ECA) said on Wednesday, warning tha...
Sustainability
Deere & Co's DEI showdown
Big investors are about to weigh in on corporate diversity, equity & inclusion efforts. Many of their U.S. portfolio companies are in retreat mode from the DEI values they embraced...
Sustainability
Brazilian meatpacker JBS says net-zero emissions pledge was 'never a promise'
The world's largest meatpacker, JBS, became in 2021 the first of its peers to commit to cutting or offsetting all its emissions by 2040, and to ending illegal deforestation across ...
Sustainability
Exxon urges state agency not to disclose agreement terms for Texas CO2 project
U.S. energy giant Exxon Mobil has requested the Texas General Land Office (GLO) to not publicly disclose the terms of its offshore lease agreement for a carbon sequestration projec...
Sustainability
Thyssenkrupp says $3 bln green steel plan not wholly reliant on hydrogen
Thyssenkrupp said a planned green steel site worth around 3 billion euros ($3.1 billion) could go ahead even if government ambitions to build up a world-leading hydrogen industry f...
Sustainability
UN chief upset Blackrock quit climate group, urges others to stay
U.N. Secretary-General Antonio Guterres is disappointed that the world's biggest asset manager, BlackRock BLK.N, has left a global initiative to combat climate change, his spokespe...
Sustainability
Politics, not climate, to drive sustainable finance trends in 2025
A turbulent year for sustainable finance is set to continue in 2025 as the return of Donald Trump as U.S. president heralds more regional divergence on everything from fund flows t...
Sustainability
BlackRock quits climate group in Wall Street's latest environmental step-back
BlackRock , the world's biggest asset manager, said on Thursday it will leave the Net Zero Asset Managers initiative, Wall Street's latest environmental step-back amid antitrust co...
Sustainability
Biden administration to release short-term guidance on clean fuel tax credit, sources say
President Joe Biden's administration expects to release short-term guidance on clean fuel tax credits on Friday and leave final decisions to President-elect Donald Trump's incoming...
Sustainability
White Summit secures more than $360 mln for decarbonisation fund
Infrastructure investment firm White Summit Capital has secured commitments of more than 350 million euros ($360.7 million) for an infrastructure fund focused on decarbonisation an...
Sustainability
BOJ sees widening wage hikes, signals chance of near-term rate hike
A wide range of Japanese firms see the need to continue raising wages due to structural labour shortages, the Bank of Japan said on Thursday, suggesting conditions for a near-term ...
Sustainability