The government-mandated UK Sustainability Disclosure Technical Advisory Committee (TAC) announced today the publication of its recommendations to endorse the IFRS Foundation’s International Sustainability Standards Board’s (ISSB) climate- and sustainability-related reporting standards for use by companies in the UK. The recommendations, published by the Financial Reporting Council (FRC), follow the release last year by the former government of the UK Green…
The IFRS Foundation is pleased to announce the publication of the Japanese translation of the SASB Standards. This publication brings the Japanese translation up to date to reflect the latest amendments to the SASB Standards which included enhancing their international applicability. The SASB Standards are a source of guidance for applying IFRS S1 General Requirements for Disclosure of Sustainability-related Financial…
Boston-based Nanoramic, which develops advanced sustainable battery technology, announced that it had secured $44 million in financing. The company plans on using the funds to further efforts to commercialize its technology to improve lithium-ion batteries across a broad range of industries and applications. Founded in 2009 out of MIT, Nanoramic works with some of the world’s largest automakers, consumer electronics…
Multinational logistics firm DP World announced the launch of a new trial carbon reduction program at its UK logistics hubs, aimed at helping cargo importers cut their emissions. Unlike traditional carbon offset credits, which compensate for emissions through external projects like tree planting, inset credits reflect a tangible reduction in emissions achieved directly within a company’s own supply chain. DP…
Gresham House, a London-based sustainability-focused alternative asset manager, announced the appointment of Hyewon Kong as Sustainable Investment Director, responsible for advancing the firm’s ESG efforts across the firm’s strategies. Kong brings over 20 years of experience in sustainable investment across Asia, Europe, and North America. Most recently, Hyewon was Head of Responsible Investing at the Investment Management Corporation of Ontario…