IBM announced the launch, in preview, of its new IBM Envizi Emissions API, a new tool aimed at enabling organizations to integrate greenhouse gas (GHG) calculations into the data tools that they currently use or are developing. The new solution forms part of IBM’s ESG data platform, the Envizi ESG Suite. IBM acquired Envizi in 2022, as part of its efforts…

A majority of companies subject to CSRD or ISSB disclosure requirements say that pressure from a variety of stakeholders including investors and customers to provide sustainability reporting and data has continued to increase over the past year, despite regulators in some areas pulling back on mandatory disclosure requirements, with most also increasing investments in sustainability reporting capabilities, according to a…

The Monetary Authority of Singapore (MAS), the central bank and financial regulator of Singapore, announced today the appointment of Abigail Ng as its first dedicated Chief Sustainability Officer. Ng has been with MAS for nearly 20 years, most recently serving as Department Head of the Markets Policy & Consumer Department. Ng takes on the CSO position upon the departure from…

UK-based climate tech startup OXCCU announced today that it has raised £20.75 million (USD$28 million) in a new Series B funding round, with proceeds from the financing aimed at supporting the scaling and commercialization of its technology to convert waste CO2 and green hydrogen directly into affordable sustainable jet fuel. Fuel accounts for the vast majority of the aviation sector’s…

This week in ESG news: China sets first-ever emissions reduction goal, while Trump calls climate change a “con job”; Microsoft buys green steel for its data centers; California releases list of over 4,000 companies required to report under new climate disclosure laws; Mars achieves new renewable energy milestone; EU plans to delay key supply chain deforestation law for another year;…

Freight company DHL Global Forwarding and container shipping company Hapag-Lloyd announced today a new three-year agreement aimed at enabling Scope 3 greenhouse gas (GHG) emission reductions through the use of sustainable marine fuels in Hapag-Lloyd’s fleet for ocean shipping. The new agreement utilizes a “book and claim” chain of custody mechanism, which enables customers to claim Scope 3 emission reduction for…

Cleantech startup Brineworks announced that it has raised €6.8 million (USD$7.95 million) in funding, with proceeds aimed at advancing its technology enabling renewable energy-powered, and low-cost Direct Air Capture (DAC) carbon removal and clean fuel production. 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…

The California Air Resources Board (CARB) released a list of more than 4,000 companies that will be required to comply with the state’s new climate reporting laws, mandating disclosures on climate-related risks and opportunities, and for some companies on value chain greenhouse gas emissions as well. The new laws will introduce climate-related reporting requirements for most large companies in the…

Levi Strauss & Co. (LS&Co.) announced the launch of the LS&Co. Energy Accelerator Program (LEAP) in partnership with Schneider Electric, a new initiative aimed at speeding the shift to renewable electricity in its supply chain. According to Levi Strauss, the new initiative will support its target to reduce supply chain emissions 42% by 2030, compared to a 2022 baseline, and…

Climate solutions provider Watershed announced the launch of Watershed Product Footprints, a new AI-powered solution aimed at enabling companies to measure and address the carbon footprint of products, materials and processes. According to Watershed, the new solution comes as companies continue to face challenges in assessing and understanding their upstream purchasing emissions, which can account for 70% or more of…