Government urged to avoid weakening shareholder rights as other countries increasingly introduce hybrid or virtual meetings. Industry experts have warned against the UK permitting virtual-only AGMs ahead of setting out details on rules later this year, while welcoming the potential of hybrid meetings. Virtual-only meetings are an increasingly popular way of conducting meetings throughout the world. According to data from…
Carbon Credits vs. Offsets: What Every Sustainability Manager Should Know
As sustainability becomes a core focus across industries, the terms “carbon credits” and “carbon offsets” often come up in conversations about reducing greenhouse gas emissions. For sustainability managers, understanding the differences and strategic uses of these mechanisms is critical to achieving environmental goals while meeting regulatory and stakeholder expectations. Here’s what you need to know.
Climate Tech Startup Spark Raises $2.4 Million for Solution to Produce Low Cost Sustainable Aviation Fuel
Climate tech startup Spark e-Fuels announced that it has raised €2.3 million ($2.4 million) in a pre-seed funding round, with proceeds aimed at advancing its solution to produce clean fuels to decarbonize aviation and other hard-to-abate industries with renewable energy. Fuel accounts for the vast majority of the aviation sector’s emissions. While sustainable aviation fuel (SAF) has emerged as a…
ICAO Launches Platform to Connect Aviation Decarbonization Projects with Investors and Financing
The International Civil Aviation Organization (ICAO) announced the launch of ICAO Finvest Hub, a new platform aimed at securing funding for aviation sustainability projects, such as sustainable aviation fuel (SAF) production, clean energy infrastructure and decarbonization initiatives, by connecting projects with investors worldwide. According to the ICAO, SAF, lower carbon aviation fuels (LCAF), and other cleaner energy solutions are expected…
85% of Companies to Stick with Climate Reporting Plans Even if Regulations Change: Workiva Survey
The vast majority of companies will move forward with their sustainability and climate reporting plans, even if regulatory requirements change, as executives see significant strategic value in sustainability data, and nearly all investors report being more likely to invest in companies that provide integrated sustainability and financial information, according to a new survey released by business data and reporting solutions…
ESG Today: Week in Review
This week in ESG news: SEC reconsiders its climate reporting rule; SBTi pushes back timeline for new Net Zero Standard; California climate reporting law passes legal hurdle; HSBC’s new Chief Sustainability Officer; Columbia launches climate finance Masters degree; NEOM plans $5 billion net zero AI data facility; Macquarie exits net zero banking group; U.S. boards say execs should stay quiet…