Regulatory Developments in ESG Reporting and Their Implications for Businesses
The focus on Environmental, Social, and Governance (ESG) factors has surged, leading to significant regulatory changes worldwide. Key developments include the EU’s Corporate Sustainability Reporting Directive (CSRD), the US SEC’s enhanced ESG disclosure requirements, and the UK’s mandate for TCFD-aligned reporting. These regulations aim to standardize ESG reporting, ensuring transparency and accountability. While compliance may increase costs, it offers benefits such as improved risk management, better investor relations, and strategic alignment with sustainability goals. Businesses that integrate ESG into their core strategies are better positioned to thrive in this evolving landscape.
The Earthshot Prize 2022
The Earthshot Prize 2022 The Earthshot prize is an award given to five winners that created some projects that could help our planet face some of the most important challenges nowadays. On 31 December 2019, Prince William announced the Earthshot prize after years of development. In particular, it would be given to five individuals or […]
The Key Role of Natural Gas As a Transition Fuel
The Key Role of Natural Gas As a Transition Fuel In recent years sustainable energy has surely been the center of attention, with worldwide spending on renewable energy surpassing even that on oil and gas, as stated by Goldman Sachs in one of its latest “Carbonomics” reports. However, despite the overall growth of the investments […]
At COP27 UN Chief Calls For Climate Solidarity Pact
At COP27 UN Chief Calls For Climate Solidarity Pact COP27: a new meeting was held the past few days, which further underlined that humanity has a choice, either to cooperate or perish. We are currently living in a situation where the Planet and its people are looking for some help, asking countries to make extra […]
Citi releases three climate research reports at COP27
Citi releases three climate research reports at COP27 On November 7, Citi announced the release of three reports regarding its climate research ahead of the 2022 UN Climate Change Conference (COP27) in Smarm El Sheikh, Egypt. The first one, Climate Finance – Mobilizing the Public and Private Sector to Ensure a Just Energy transition, […]
The Inflation Reduction Act and the Developing Countries’ Efforts to Fight Climate Change
The Inflation Reduction Act and the developing countries’ efforts to fight climate change. Up to this moment, 2022 has not been the best year for Asian emerging economies. A stronger dollar, rising interest rates and higher levels of inflation all seem to have hindered what was expected to be a year of revival. From today, […]
One More Step Against Greenwashing
One More Step Against Greenwashing The FCA (Financial Conduct Authority) is the financial market regulator in the UK, aiming to protect consumers, promote market competition and improve the integrity of the financial markets. The organization has recently confirmed that it is ready to release a set of new measures that will determine how different labels […]
Climate-data startup Arcadia raises $200 million in a funding round led by J.P. Morgan
Climate-data startup Arcadia raises $200 million in a funding round led by J.P. Morgan Arcadia, a US-based technology company supporting energy innovators to fight the climate crisis, announced on May 10th the raise of $200 million funding round. The financing aims to accelerate the impact of Arcadia’s data and new API platform, Arc, expanding data […]
ISSB aims to improve and enhance climate reporting
ISSB aims to improve and enhance climate reporting Recently there has been more attention drawn to corporate climate reporting, as climate disclosures can look good in an annual report, but they do not necessarily mean that a rapid change is being achieved. Moreover, environmental data regarding businesses does not have a universally acknowledge unit of […]
Boosting investments in carbon removal technologies
Boosting investments in carbon removal technologies Strategies to reduce emissions – such as increasing renewable energy or improving energy efficiency – are not sufficient per se to reach the global temperature target. An analysis by the National Academy of Sciences (NAS) and Intergovernmental Panel on Climate Change (IPCC) shows that, even with high investments in […]