Staff members at the IFRS Foundation’s International Sustainability Standards Board (ISSB) have recommended that the organization take an approach on setting requirements and guidance for nature-related disclosures that would focus on the development of a non-mandatory “Practice Statement,” rather than the development of a standalone mandatory standard. In the recommendation, which has raised concerns by environmental groups, the ISSB staff…

Battery recycling startup Renewable Metals announced that it has raised $12 million in a Series A funding round, aimed at accelerating the commercial deployment of its next-generation lithium-ion battery recycling solution. Founded in 2020 by a team of expert West Australian metallurgists, Renewable Metals has developed a solution to recover critical minerals from old batteries to enable their re-use, with…

Amsterdam-based global beer company Heineken has appointed former IKEA Head of Climate & Nature Simon Henzell-Thomas as its new Global Sustainability Director, responsible for leading sustainability at the company. Henzell-Thomas joins the company after 14 years at IKEA, where he served as Head of Climate & Nature since 2022, following roles at the company including Head of Public Affairs &…

Countering recent media reports indicating that Delta Air Lines has eliminated its goal to increase its sustainable aviation fuel (SAF) to usage to 10% of fuel by 2030, a Delta spokesperson confirmed that the company “remains committed to our 10% SAF by 2030 goal,” in a statement provided to ESG Today. The spokesperson acknowledged, however, that “the technology has not…

Apple revealed that it has scaled the capacity of renewable energy procured by suppliers for the manufacturing of its products to over 20 GW in 2025, increasing by nearly 10% over the prior year, and more than doubling since 2021, according to the company’s annual Environmental Progress Report. Product manufacturing accounts for over half of Apple’s total carbon footprint, with…

Singapore-based financial services group DBS Bank announced the appointment of Kelvin Wong as its new Chief Sustainability Officer, effective May 11, 2026. Wong will take over the role from DBS’ current CSO Helge Muenkel, who has held the position since 2022, with responsibility for leading the bank’s sustainability and sustainable finance efforts. Wong takes on the new role after ten…

This week in ESG news: Microsoft confirms largest global carbon removal purchase program “has not ended”; ISO launches new version of flagship environmental management standard; EBA proposes major simplification overhaul for ESG reporting requirements for banks; Stegra secures financing to rescue Europe’s largest green steel project; Henkel unveils new climate, supply chain sustainability goals; JPMorgan signs forest-based carbon removal deal;…

BTG Pactual Timberland Investment Group (BTG Pactual TIG) announced that it has raised $370 million in commitments for its newest core Latin America strategy, focused on large-scale, sustainably managed, core timberland assets across Chile, Uruguay and Brazil. The firm said that it is targeting investment of $1.5 billion for the new strategy over 5 years. BTG Pactual TIG was formed in…

Post-wildfire restoration company Mast Reforestation announced that it has sold 100% of the carbon removal credits from its new biomass burial project in Montana, with all 4,277 credits purchased less than six weeks after issuance. New buyers for the carbon credits included global management consulting firm Bain & Company and Canadian bank BMO, joining earlier participants including Royal Bank of…

Carbon removal provider Exomad Green and carbon removal marketplace Supercritical announced the signing of a three-year biochar carbon removal (BCR) agreement, under which Supercritical will purchase up to 500,000 tons of BCR credits sourced from Exomad Green’s facilities in Bolivia. The new agreement expands the collaboration between the two companies, with Supercritical having already facilitated the sale of more than…