Global Updates Archives | ESG News.earth

Blackrock CEO Fink Skips Mentioning ESG in Annual Letter

Posted by ESGNEWS Team - April 1, 2025

In the Blackrock CEO Larry Fink’s 2025 letter, words like ESG, climate change and sustainability…

France Italy Slovakia called for EU carbon roll-back

Posted by ESGNEWS Team - April 1, 2025

Documents show that these countries are pressuring the EU to dilute and simplify CBAM due…

SEC steps back from defending 2024 climate regulation

Posted by ESGNEWS Team - March 31, 2025

Publicly traded companies in the US will no longer need to disclose their climate emissions…

Shell, Equinor, TotalEnergies to Invest $714m for Carbon Storage Expansion

Posted by ESGNEWS Team - March 28, 2025

Shell, Equinor and TotalEnergies said that they will invest $713.66 million into expanding their flagship…

Airbus Confirms Commitment to Commercially Viable Hydrogen Aircraft

Posted by ESGNEWS Team - March 27, 2025

Airbus plans to promote a hydrogen aviation economy and regulatory framework, enabling the widespread adoption…

Singapore Scientists use Solar Power to Convert Sludge to Green Hydrogen

Posted by ESGNEWS Team - March 26, 2025

Singapore scientists have developed an innovative solar-powered method to transform sewage sludge to green hydrogen…

Defence and Aerospace may see up to $119 B from ESG Funds

Posted by ESGNEWS Team - March 26, 2025

ESG funds in Europe could drive as much as $119 billion in flows into the…

US Government Driving $1.8 Trillion Sustainable Debt Market

Posted by ESGNEWS Team - March 25, 2025

The US government is driving a $1.8 trillion corner of the sustainable debt market, despite…

EFRAG, CDP Announce Interoperability

Posted by ESGNEWS Team - March 25, 2025

Interoperability enhances transparency, efficiency, and transparency for companies, enabling ESRS1 reporters to complete CDP disclosures…

DEI Roll Back Will Not Impact ESG Risk Assessment: Sustainalytics

Posted by ESGNEWS Team - March 24, 2025

A new report suggests investors may be concerned about the broader implications of the current…

Amazon Launches Carbon Credit Service

Posted by Sonal Desai - March 21, 2025

Amazon has launched a carbon credit service, providing qualified companies with access to high-quality credits

Greenwashing Rampant in the US, Europe

Posted by ESGNEWS Team - March 21, 2025

In a major case of greenwashing, ESG funds with sustainability-related names have invested around EUR…

SBTi Revising Net-Zero Standard

Posted by ESGNEWS Team - March 20, 2025

The new net-zero standard draft aims to accelerate corporate decarbonization by providing a science-based framework…

How to Boost the Adoption of Zero-Emission Trucks?

Posted by ESGNEWS Team - March 19, 2025

Despite decarbonization goals, scalability and adoption of zero-emission trucks remain uncertain, with the total cost…

Breakthrough Energy Lays Off US and Europe Policy Teams

Posted by ESGNEWS Team - March 18, 2025

Breakthrough Energy, a climate group funded by Bill Gates, has laid off numerous US and…

Allianz to Phase Out € 5B Fossil Fuel Bonds

Posted by ESGNEWS Team - March 17, 2025

By divesting from these bonds, Allianz aims to prioritize sustainable investments that promote positive environmental…

Philips Circular Revenue Increased to 24% of Sales

Posted by Sonal Desai - March 15, 2025

Products designed for recycling, reuse, and refurbishment generate circular revenues, which currently constitute 24% of…

Brazil Lays Out the Vision for COP30

Posted by ESGNEWS Team - March 13, 2025

André Correa do Lago, President of COP30, presented Brazil's vision for the summit, emphasizing resilience…

France Considering Lifting ESG Curbs on Defence Sector Lending

Posted by ESGNEWS Team - March 11, 2025

Amidst growing support for increased defence spending, France is considering revamping rules and lifting ESG…

Morocco Approves $32.5 Billion Green Hydrogen Projects

Morocco Greenlights $32.5 Billion Green Hydrogen Projects

Posted by ESGNEWS Team - March 10, 2025

Morocco aims to increase its renewable energy capacity to 52% by 2030 and establish itself…

Here’s how the EU Plans to Decarbonize its Automotive Industry

Posted by ESGNEWS Team - March 10, 2025

The EU has drafted an action plan besides the Decarbonize Corporate Fleets Communication to promote…

US “rejects and denounces” UN SDGs

Posted by ESGNEWS Team - March 9, 2025

The move by the US comes as the UN has estimated a US $4 trillion…

Japan Aligns Sustainability Reporting Standards with IFRS

Posted by ESGNEWS Team - March 7, 2025

The new standards will enable companies in Japan to meet global compliances and neighbor expectations…

KCB Bank Receives $100 Million for Climate Projects

Posted by ESGNEWS Team - March 6, 2025

The KCB Bank has secured a $100 million tier-2 capital facility from British International Investment…

Brookfield selling 1.6-GW Indian renewables portfolio to Gentari

Posted by Sonal Desai - March 5, 2025

Brookfield has completed its first full-cycle portfolio monetization in India for its renewable power and…

Power Struggle: Overcoming Nigeria’s Evacuation, Distribution Hurdles

Posted by ESGNEWS Team - March 4, 2025

Overcoming challenges in energy evacuation and distribution in Nigeria will pave the path to ensuring…

3 Reasons Why HSBC Pushed its Net-Zero Targets to 2050

Posted by ESGNEWS Team - February 28, 2025

HSBC has attributed carbon offsets, slow global pace of change and policy and regulations as…

All that You Want to Know About the New EU Omnibus

Posted by Sonal Desai - February 27, 2025

The first ‘Omnibus' package includes simplification in sustainable finance reporting, sustainability due diligence, EU Taxonomy,…

75% US Companies to Increase Sustainability-Focused: BDO

Posted by ESGNEWS Team - February 25, 2025

The BDO 2025 CFO Sustainability Outlook Survey notes that sustainability is a key driver of…

Nigeria’s Power Sector Gets Green Boost with Electricity Act 2023

Posted by ESGNEWS Team - February 24, 2025

The Electricity Act 2023 was signed into Law in June 2023; it repealed and replaced…

Global IT Giants Drew CDR Market in 2024

Posted by ESGNEWS Team - February 17, 2025

The top 20 CDR purchasers 2024 were Microsoft, Google, Meta, and Salesforce, who created the…

EDP Renewables Delivers Three Additional Renewable Energy Projects for Microsoft

Posted by ESGNEWS Team - February 13, 2025

Microsoft's sustainability and carbon reduction objectives will be supported by the new solar projects in…

Coca-Cola Faisalabad Goes Green with JA Solar’s DeepBlue 4.0 Pro

Posted by ESGNEWS Team - February 10, 2025

Coca-Cola's bottling facility in Faisalabad has switched on a new 2.5 MW solar power project…

Eco-Friendly Materials in Home Remodeling: A Canadian Model

Posted by Renjini Liza Varghese - February 3, 2025

The latest example is from Canada. AGM Renovations, which specializes in home improvement projects, is…

McDonald’s Scaling Down DEI

Posted by ESGNEWS Team - January 17, 2025

Some of the changes McDonald’s introduced include the removal of aspirational representation quotas and the…

World Bank Launches Global Sustainable Development Bond

Posted by ESGNEWS Team - January 7, 2025

According to the World Bank, these bonds support the financing of green and social projects…

Infosys, RheinEnergie Partner to Advance Enterprises’ Energy Transition Goals

Posted by ESGNEWS Team - December 30, 2024

RheinEnergie will enable its enterprise customers in Europe to advance their energy transition and sustainability…

Miral Announces Sustainability Strategy

Posted by ESGNEWS Team - December 27, 2024

Miral has unveiled its Sustainability Strategy, aiming to become a regional benchmark for sustainable LET…

China Introduces Basic Standards for Corporate Sustainability Disclosure

China Introduces Standards for Corporate Sustainability Disclosure

Posted by ESGNEWS Team - December 26, 2024

Launched this month, the Basic Standards for Corporate Sustainability Disclosure aim to guide businesses align…

What does the Draft NESRS have in Store for Non-EU Parent Companies in Sustainability Reporting Standards?

Posted by ESGNEWS Team - December 10, 2024

The draft NESRS addresses sustainability topics such as climate change, pollution, water resources, biodiversity, circular…

High Emission Industries Must Fast-Track Net-Zero Commitments

Posted by Sonal Desai - December 5, 2024

Although India's power sector is significantly transitioning towards RE, high emission industries must commit to…

Singapore’s Top 100 Outperform Global Benchmarks in Sustainability Reporting

Posted by ESGNEWS Team - November 28, 2024

According to a new KPMG report, Singapore’s top 100 companies excelled in sustainability reporting, leading…

Key Takeaways from COP29: WEF

Posted by ESGNEWS Team - November 27, 2024

COP29 summit in Baku underscored the global climate agenda, and also highlighted complex geopolitical backdrop,…

Is a Breakthrough Possible at COP29?

Posted by ESGNEWS Team - November 22, 2024

As COP29 draws to a close, delegates await updates on negotiations regarding a new climate…

UAE Fast-Tracking Decarbonization with Smart Infrastructure

Posted by Sonal Desai - November 22, 2024

UAE aims to achieve 44% renewable energy capacity by 2050 by promoting, developing, and implementing…

ISO Announces ISO ESG Implementation Principles

Posted by ESGNEWS Team - November 18, 2024

ISO has released the principles amid increasing ESG scrutiny and regulations like CSRD, the Modern…

Global South Must Accelerate Climate Action Mitigation: CEEW

Posted by Sonal Desai - November 14, 2024

The Global South index indicates that advanced economies have made significant efforts in climate mitigation…

Lack of Motivation Leading to Sustainability Fatigue in UK Consumers

Posted by Sonal Desai - November 5, 2024

A Deloitte report indicates evidence of increasing sustainability fatigue among consumers in 2024 with regard…

$78 T Needed to Achieve Net-Zero and 1.5 C Warming

Posted by ESGNEWS Team - October 31, 2024

A new report says that decisive action is needed to achieve net-zero by 2050, as…

Nextracker Launches R&D Center for Solar Excellence

Posted by ESGNEWS Team - October 3, 2024

Nextracker aims to advance photovoltaic R&D, testing, and workforce development serving the Indian and Middle…

AcrelorMittal Belgium Pilots Carbon Capture

Posted by ESGNEWS Team - July 24, 2024

ArcelorMittal Belgium plans to achieve a 35% reduction in CO2 emissions by 2030 through the…

Category: Global Updates