London Climate Week is back – and bigger than ever. As the capital becomes the epicentre of global climate dialogue, Rio is proud to be on the ground at the events that matter most. From political momentum to business-led climate action, these sessions represent the beating heart of where sustainability decisions are being made – and where Rio is making its…
SEC Drops Proposed Anti-Greenwashing Fund Disclosure Rules
The U.S. Securities and Exchange Commission (SEC) announced that it is withdrawing a series of proposed rules initiated during the tenure of former SEC Chair Gary Gensler, including a rule requiring disclosures by investment managers marketing ESG-focused funds aimed at providing consistent information to investors and to avoid greenwashing risk. The announcement marks the latest in a series of moves shifting…
Financial services firms boost mental health initiatives
Financial services firms Aviva, Legal & General and Prudential are among the top companies in the UK for managing and reporting on workplace mental health. The latest CCLA Corporate Mental Health Benchmark – UK 100 has found Aviva is a ‘top improver, climbing two tiers in the benchmark to the second tier, while Legal & General and Prudential have moved…
Making green measurable: Turning carbon into a performance metric
As the climate clock ticks ever louder, green bonds — long considered the flagship instrument of sustainable finance — may be ready for their next evolution. In 2025, the green, social and sustainability (GSS) bond market surpassed the remarkable milestone of $5.5trn in total issuance, with green bonds making up around 55% of the total. The question now emerging across…
French Senate Backs Law Curbing Environmental Impact of Fast Fashion
The French Senate unanimously approved a bill targeting the environmental impact of the fast fashion industry. The proposed legislation forms part of a broader global effort by investors, companies and governments to address the growing environmental footprint of textile production and consumption, which currently makes up 10% of global greenhouse gas emissions. This is more than international flights and maritime…
Meta, XGS Sign Deal to Power Data Centers with Geothermal Energy
Facebook, Instagram, and WhatsApp owner Meta announced a new agreement with clean energy company XGS Energy for the development of 150 MW of geothermal energy in New Mexico to support Meta’s data center operations in the state. California-based XGS Energy provides heat-harvesting technology to enable access to affordable and carbon-free geothermal energy. The company’s solution drills a single directional well…
Energy Transition Investor Quinbrook Appoints Brian Restall as First CEO
Energy transition-focused investor Quinbrook Infrastructure Partners announced a series of new executive appointments, including appointing Brian Restall to the newly created role of Global CEO. Additional appointments announced by the firm included Giulia Siccardo as Managing Director and Regional Leader of Quinbrook for North America, and Kathryn Lin as Senior Director and leader of Quinbrook’s digital infrastructure strategies. Quinbrook said…
Nasdaq Launches Carbon Credit Education Platform
Capital markets technology and exchange company Nasdaq announced the launch of the Nasdaq Carbon Academy, a new free educational platform aimed at equipping individuals with skills to integrate carbon dioxide removal (CDR) credits into companies’ emissions reduction strategies. The new academy comes as demand for carbon offset projects and related credits is expected to increase significantly over the next several…
SBTi Launches Draft Net Zero Standard for Automotive Sector
The Science Based Targets initiative (SBTi), one of the key organizations focused on aligning corporate environmental sustainability action with the global goals of limiting climate change, announced the release of its initial draft SBTi Automotive Sector Net-Zero Standard, aimed at guiding automakers and auto parts manufacturers to enable science-based net zero target setting for their businesses. The SBTi was founded…