The UK government announced the publication of its new Clean Energy Jobs Plan, including initiatives to recruit and train workers for the clean energy economy, targeting an incremental 400,000 green sector jobs by 2030. According to a government statement, the new plan comes as record government and private sector investment in clean energy in areas including renewables and nuclear is…

A group of leading financial, energy and industrial companies announced today the launch of Carbon Measures, a new coalition aimed at advancing a more accurate and consistent accounting framework to track carbon emissions at the company and product level, and carbon intensity standards for key industrial products. Members of the new carbon accounting-focused coalition include ADNOC, Air Liquide, Banco Santander,…

The International Maritime Organization (IMO), the 176-member state UN agency responsible for developing global standards for shipping, announced that its member states have voted to delay the adoption of the  “IMO Net-Zero Framework,” a global agreement aimed at implementing measures to reduce the climate impact of ocean shipping. The establishment of the international net zero shipping framework was delayed despite…

This week in ESG news: Majority of companies continue to increase sustainability investments, report revenue growth from sustainability initiatives – Deloitte survey; U.S. SEC to reconsider rules allowing ESG proposals at shareholder meetings; California delays climate reporting rules; Brookfield’s $5 billion deal to power datacenters with fuel cells; Schroders hits renewable energy milestone; LEGO Group phasing out natural gas; Stegra…

Decentralized energy company Daylight Energy announced that it has raised $75 million to grow its decentralized energy network that allows homeowners to generate and share power. Founded in 2022, New York-based Daylight offers a decentralized energy model that enables help homeowners reduce energy bills and stay powered during outages, using a solar and battery storage installation that sends excess energy…

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,…