Amazon announced that it has entered into a long-term carbon credit offtake agreement with The Good Rice Alliance (TGRA), aimed at supporting the delivery of high-integrity methane emission reductions from rice cultivation across India. Founded in 2022, Bayer-owned TGRA works with rice farmers across India to deploy sustainable agricultural practices designed to reduce methane emissions from irrigated rice production. Rice…

The European Commission presented its new “AccelerateEU” strategy, outlining a series of proposed actions aimed at addressing the rapid increase in energy costs and reducing the EU’s reliance on imported fossil fuels. Among the key long-term measures included in the new plan is a commitment by the Commission to present an Electrification Action Plan, including “an ambitious electrification target,” alongside…

GM announced a new clean energy milestone, with the company securing 100% of the energy needed to power all its U.S. sites with renewable electricity in 2025. The company said that it was the first U.S. automaker to achieve this goal. With the achievement, GM reached its goal, set in 2021, to source 100% renewable energy to power its U.S….

The IFRS Foundation’s International Sustainability Standards Board (ISSB) announced that it has decided to proceed with the development of proposed requirements for companies to provide nature-related disclosures in the form of an IFRS Practice Statement, instead of a mandatory standalone standard. In an effort to address concerns about its decision, the ISSB stressed that applying the Practice Statement would have the…

Global transport and logistics company DSV announced an agreement with United Airlines, Microsoft and Phillips 66, aimed at enabling large-scale access to sustainable aviation fuel (SAF) According to the companies, the new collaboration is anticipated to unlock up to 41.6 million liters of SAF from Phillips 66, delivering an expected reduction of approximately 100,000 tonnes of lifecycle greenhouse gas emissions…