Digital workflow company ServiceNow and sustainability risk management tech company Socialsuite announced the launch of a new combined solution aimed at helping companies to integrate their sustainability and risk management capabilities using AI and software and meet ESG reporting compliance requirements. The new integrated solution follows the launch earlier this year by SocialSuite a new software platform aimed at helping…
Sustainability certification provider Planet Mark announced today the appointment of Avital Johanan as Managing Director, taking leadership of the business as it accelerates its focus on supply chain sustainability. Johanan takes on the position from Planet Mark founder Steve Malkin, who will be assuming a new role as Founder and Senior Advisor. Founded in 2013, London-based Planet Mark provides sustainability…
The Hong Kong Monetary Authority (HKMA), Hong Kong’s central banking institution, announced the release of a draft update of the Hong Kong Taxonomy for Sustainable Finance – its classification system for defining and classifying environmentally sustainable economic activities in order to mobilize capital to these areas – with proposals to expand the Taxonomy to include transition activities as well as…
The European Parliament announced the adoption by lawmakers of a series of new rules aimed at preventing and reducing textile and food waste in the EU, including measures requiring textile producers to cover the cost of collecting, sorting and recycling their products. The announcement marks the last major legislative step in the revision of the EU’s Waste Framework Directive, following…
Forward-looking companies increasingly recognize that supply chain data is not just a sustainability reporting tool, it is a compliance necessity and a strategic asset. By: Saravanan Parisutham, Chief Operating Officer, TrusTrace Regulatory pressure on supply chains is intensifying across industries. The EU Deforestation Regulation (EUDR) takes effect at the end of this year, while U.S. forced labor laws and upcoming…
Cleantech startup Sapphire Technologies announced that it has raised $18 million in a Series C funding round, with proceeds aimed at growing its business and expanding its clean energy technology. Founded in 2021, California-based Sapphire develops and manufactures energy recovery systems, including its turboexpander generator product FreeSpin, to convert energy wasted in pressure reduction processes into electric power. In the…
Based on an interview with Alex Betson, LDC (the private equity arm of Lloyds Banking Group).