Biotechnology is a rapidly growing area of study with the potential to improve human health, agriculture and the environment, playing a significant role in developing new drugs and vaccines. However, businesses within the sector experienced a post-pandemic slump in valuations, a problem that has been exacerbated more recently when President Trump‘s administration slashed funding for federal health agencies, such as…
EU Delays CSRD and CSDDD Implementation with “Stop-the-Clock” Directive
On April 16, 2025, the “Stop-the-Clock” Directive was published in the EU Official Journal. It constitutes a significant amendment to the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD) as it key sustainability reporting and due diligence obligations. Key Changes Introduced CSRD Reporting Delay: The directive postpones CSRD reporting requirements by two years for companies…
Microsoft Signs Largest-Ever Permanent Carbon Removal Purchase Agreement
Microsoft announced that it has signed an offtake agreement to purchase 6.75 million metric tons of engineered carbon removal over 15 years, making it the world’s largest permanent carbon removal deal to date. Microsoft will purchase the carbon removal from the planned AtmosClear bioenergy carbon capture and storage (BECCS) facility near Baton Rouge, Louisiana. The facility, set to begin construction…
SEC Approves Launch of U.S.’ First Sustainability-Focused Stock Exchange
The Green Impact Exchange (GIX) announced that the U.S. Securities and Exchange Commission (SEC) has approved its Form 1 application for registration as a national securities exchange, enabling the GIX to launch as the first sustainability-focused stock market in the U.S. Founded in 2022 by former NYSE executives, including CEO Daniel Labovitz, former head of regulatory policy at the NYSE,…