Zurich Insurance Group announced today a agreement with bioengineered CO2 removal-focused startup Nellie Technologies, for the purchase of up to 17,500 tons of carbon removal generated through the production of biochar over 5 years. The deal marks Zurich’s largest carbon removal purchase agreement to date, and places the company within the top 20 corporate CO2 removal purchasers, according to carbon…
The Swiss government announced that it has approved a new climate goal, targeting a 65% reduction in greenhouse gas (GHG) emissions by 2035, on a 1990 basis. The new decarbonization goal will form the basis of Switzerland’s second Nationally Determined Contribution (NDC) under the Paris Agreement, which the Swiss Federal Council said will be submitted to the UN Framework Convention…
As global attention on climate change intensifies, the regulatory landscape for sustainability reporting is evolving rapidly. Governments, investors, and industry groups are introducing new standards to ensure greater transparency and accountability, leaving sustainability managers with a pressing question: how can we keep up?
The European Commission announced the release of its highly-anticipated “Competitiveness Compass” on Wednesday, outlining its new roadmap aimed at boosting Europe’s productivity and global competitiveness, through a wide-ranging series of measures to promote innovation and investment, reduce administrative burdens on companies, and lower energy costs in the EU. Among the first initiatives to be undertaken under the new roadmap is…
As sustainability reporting becomes a global priority, new regulations are reshaping how companies disclose their impact. For professionals in the oil and gas sector, understanding and meeting these requirements is critical—not only for compliance but also for maintaining stakeholder trust and ensuring long-term business resilience.
Italian utility company A2A announced that it has raised €500 million (USD$521 million) in a new green bond offering, with the issuance marking the first by a European corporate issuer to use the EU’s new European Green Bond (EuGB) label. Adopted by the EU in November 2023, and taking effect last month, the EuGB regulation was launched by the European…