The U.S. Court of Appeals has told the U.S. Securities and Exchange Commission (SEC) that it will not issue a ruling on the legality of its climate disclosure rules, as requested by the SEC, leaving the agency on its own to decide on the fate of the rules requiring climate-related reporting by public companies. While the SEC’s request would have…
Prometheus Fuels, a venture-backed energy company based in the US, announced that it has achieved the world’s lowest-cost carbon capture, reducing the cost of Direct Air Capture (DAC) by more than 80% compared to industry averages. DAC technology, listed by the IEA as a key carbon removal option in the transition to a net-zero energy system, extracts CO2 directly from…
Global investment manager T. Rowe Price and World Bank Group member the International Finance Corporation (IFC) announced the launch of the T. Rowe Price Emerging Markets Blue Economy Bond Strategy (T. Rowe Price Blue), a new fund aimed at investing in companies supporting projects targeting sustainable water management and ocean preservation. The strategy also aims to help catalyze the blue bond…
Snacking, food, and pet care products provider Mars announced the launch of Renewable Acceleration, a new program aimed at accelerating the shift from fossil fuels to clean energy across the company’s operations and its global value chain. Alongside the launch, Mars announced Enel North America as the first energy partner for its new program, with the new agreement including Enel…
Wharton Executive Education and the Principles for Responsible Investment’s PRI Academy announced the launch of the Wharton/PRI Executive Certificate: Impact, Value and the Materiality of Sustainability, a new executive education program focused on responsible investing, and targeted towards corporate leaders, senior investment professionals, and strategists and consultants. According to PRI Academy Director Anthony Roberts, the new program comes “as global…