The Singapore Business Federation (SBF), Singapore’s key business association representing over 32,000 companies, announced the release of a statement today, asking regulators to delay climate-related disclosure requirements for smaller companies, set to begin from this year, by one to two years, to give businesses more time to prepare. The statement follows the announcement early last year by the government of…
“Carbon intelligence” solutions provider Climatiq announced that it has raised €10 million (US$11.7 million) in a Series A funding round, with proceeds aimed at accelerating its AI-powered solutions to help companies integrate carbon data into their business decisions. Founded in 2021, Berlin-based Climatiq offers software infrastructure designed to embed carbon intelligence into decision-focused business tools. The company provides a carbon…
The Republic of Slovenia announced its inaugural sustainability-linked bond (SLB) offering, raising €1 billion from the issuance of a new 10-year benchmark issuance, with interest tied to the country’s performance towards its 2030 greenhouse gas emissions targets. The offering is the first-ever sustainability-linked bond from a European Sovereign, marking a significant milestone for SLBs. After significant early growth, the volume of…
Sustainability-focused European asset manager Ambienta announced that it has raised €500 million (USD$586 million) for its new small cap strategy, aimed at investing in and growing “small cap environmental sustainability champions.” The firm sad that the fund has surpassed its original €450 million target, driven by strong demand from its existing investors. Laurent Donin de Rosière, Partner and Head of…
Hostility toward science is not a recent phenomenon. In 1948, the Soviet Union officially denied the existence of genes, eliminating plant science in favor of “training” plants to be more productive. The resultant crop failures led to millions of deaths in both the USSR and China, whose communist party also adopted this pseudoscience. Even when not official governmental policy, pseudoscience…