The U.S. major banking regulators, including the Board of Governors of the Federal Reserve System (Fed), Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC), announced that they are withdrawing the interagency Principles for Climate-Related Financial Risk Management for Large Financial Institutions, a key framework designed to help large banks manage climate-related risks. Established in…

Real asset-focused energy and sustainability consultancy Longevity Partners announced today the appointment of Jessica Francisco, formerly Chief Sustainability Officer at Cushman & Wakefield, as its new Chief Executive Officer. Francisco takes on the new role from Longevity Partners Founder and CEO Etienne Cadestin, who announced that he will transition from his executive role after leading the firm for 10 years….

Business sustainability ratings and solutions provider EcoVadis announced the launch of Worker Voice Connect, a new digital grievance mechanism aimed at enabling workers to anonymously report on workplace concerns, allowing companies to monitor and address human rights issues in their global supply chains. According to EcoVadis, the new solution aims to address a gap that exists in current grievance mechanisms,…

Siemens and Airbus announced the launch of a new framework agreement to work to decarbonize four Airbus industrial sites in the U.S. and UK, through measures including renewable energy integration, smart energy management, and the use of low-carbon heat systems. Under the new agreement, Siemens will evaluate the sites and create and implement an overall decarbonization masterplan for each to…

The Tokyo Metropolitan Government (TMG) announced plans to issue TOKYO Resilience Bonds, the first-ever certified climate resilience bonds, with proceeds aimed at funding projects to protect the city from natural disasters and the impacts of climate change. The TMG said that it expects to raise approximately JPY 50 billion (USD$330 million) from the resilience bond offering. According to the TMG,…

More than four out of five companies continued to increase their sustainability-related investments over the past year despite reduced pressure from some stakeholder groups, as executives report already seeing strong tangible benefits from their sustainability actions, including revenue growth and cost reductions, according to a new survey released by global professional services firm Deloitte. For the survey, Deloitte’s 2025 C-suite…

Class 3 Technologies, a startup developing advanced tools to assess climate risk for buildings, announced that it has raised $3.5 million in a seed funding round, with proceeds aimed at expanding its climate risk and resilience software for the built environment. Spun out of global built environment consultancy Arup, Class 3 has since launched Iris – a software platform that…

German steelmakers SHS – Stahl-Holding-Saar Group announced the completion of a €1.7 billion (USD$1.7 billion) financing package, aimed at funding its Power4Steel transformation project, a major decarbonization project advancing the company’s pathway towards producing climate-neutral steel. Steelmaking is one of the biggest emitters of CO2 globally, and one of the more challenging sectors to abate, with total greenhouse gas emissions…

Climate data solutions provider Greenly announced the launch of EcoPilot, its new platform aimed at simplifying and accelerating carbon accounting for companies, based on AI and language models technology. According to Greenly, the new platform automates complex tasks including collecting, structuring and processing carbon data, allowing users to automatically import physical inventory, accounting and logistics data, rapidly structuring the information…

The government of South Korea announced the release of its “Sustainable Aviation Fuel (SAF) Blending Mandate Roadmap,” introducing requirements for international departing flights to begin using fuel containing sustainable aviation fuel (SAF), beginning in 2027, and with SAF content set to increase over the next few years. Fuel accounts for the vast majority of the aviation sector’s emissions. Generally produced…