Environmental Health & Safety (EHS) and sustainability platform provider Benchmark Gensuite announced the launch of its new Sustainability and Climate Risk Management Solution, a new software solution aimed at enabling companies to identify, quantify, and mitigate climate-related risks across global operations and supply chains. The new solution was launched in partnership with GIST Impact, a provider of data and analytics…

International express service provider DHL Express, and renewable fuels producer Neste announced today a new agreement for the supply of 7,400 metric tons (9.5 million liters) of sustainable aviation fuel (SAF) to be delivered over the next year to power DHL’s international cargo flights from Singapore. The deal marks one of the largest SAF agreements for the air cargo industry…

The UK government announced today that it has decided not to proceed with its plans to develop and implement a UK Green Taxonomy, its proposed classification system for categorizing climate and environmentally sustainable economic activities, and one of the key parts of its sustainable finance framework. According to a statement released by the UK finance ministry, HM Treasury, the move to…

HSBChas officially withdrawn from theUnited Nations(UN)-backedNet-Zero Banking Alliance (NZBA), becoming the first major UK bank to do so. This decision has sparked debate across the financial world — is this a step toward climate pragmatism, or a retreat from accountability? As more banks question the value of collective climate commitments, the rise of AI in sustainability could reshape the net-zero…

The Global Reporting Initiative (GRI) announced today the release of the Textiles and Apparel Sector Standard exposure draft, aimed at enabling companies operating in the textile, apparel, footwear and jewelry sectors to report on key sustainability impacts in areas including human rights and the environment. GRI Sustainability Reporting Standards are one of the most commonly accepted global standards for sustainability…

By: Jan Niewold, EY Climate Change and Sustainability Services The European Commission’s proposals for simplification across its sustainability reporting regulations have triggered a wave of attention, and rightly so. When regulatory timelines shift, and the requirements change, companies may need to take stock and adjust. Regulations as important as those addressed in the Omnibus package are bound to lead to…