• info@esgwise.org
GRI, CDP to Strengthen Alignment of Sustainability Reporting Frameworks

GRI, CDP to Strengthen Alignment of Sustainability Reporting Frameworks

The Global Reporting Initiative (GRI) and CDP announced today a new cooperation agreement which will see the organizations more closely collaborate and align their reporting standards and platform, to help ease sustainability reporting for companies and improve access to data on corporate environmental impacts. GRI Sustainability Reporting Standards are one of the most commonly accepted global standards for sustainability reporting…

Bitcoin Bank Review – Is It Worth Your Investment?

Bitcoin Bank Review – Is It Worth Your Investment?

Bitcoin Bank is an automated cryptocurrency trading platform that uses advanced AI algorithms to analyze market trends and execute trades, aiming to simplify and optimize Bitcoin trading for users. Official Website: Click Here What is Bitcoin Bank? Bitcoin Bank is a digital platform that combines the world of cryptocurrency trading with traditional banking services. It’s designed to bridge the gap…

Quantum AI Review – Is This Trading Platform Legit?

Quantum AI Review – Is This Trading Platform Legit?

Quantum AI is a cutting-edge trading platform leveraging AI and quantum computing to optimize cryptocurrency and stock trading for maximum efficiency and profits. Official Website: Click Here What is Quantum AI? Quantum AI is a cutting-edge trading platform that leverages the principles of quantum computing and artificial intelligence to revolutionize financial trading. By harnessing the immense computational power of quantum…

Sustainable Agriculture Platform Klim Raises $22 Million

Sustainable Agriculture Platform Klim Raises $22 Million

Regenerative agriculture-focused platform provider Klim announced that it has raised $22 million in a Series A funding round,  with proceeds aimed at supporting its global expansion and extending its offerings. Agriculture has emerged as a major focus area for climate action, as the sector accounts for a significant proportion of GHG emissions, and is among the most difficult areas to…

Air Canada Purchases 78 Million Liters of Sustainable Aviation Fuel from Neste

Air Canada Purchases 78 Million Liters of Sustainable Aviation Fuel from Neste

Air Canada announced that it has signed an agreement with sustainable fuel producer Neste to purchase 77.6 million liters (20.5 million gallons) of sustainable aviation fuel (SAF). The airline said that the purchase will help it further pursue its efforts to reduce its carbon footprint and further its commitment to sustainability goals. Michael Rousseau, President and Chief Executive Officer at…

Sympower Raises $23 Million to Accelerate Energy Grid Flexibility Solutions

Sympower Raises $23 Million to Accelerate Energy Grid Flexibility Solutions

Sympower, an Amsterdam-based provider of flexible energy management and virtual power plant technology, announced that it has raised €21.3 million (USD$22.6 million) in Series B1 financing round, with proceeds aimed at rolling out battery energy storage solutions, funding future mergers and acquisitions, continuing its expansion in Europe, and scaling the company’s operations. Founded in 2015, Sympower provides solutions aimed at…

Nearly Two-Thirds of Companies not yet Reporting Climate-Related Financial Impact on Financial Statements: EY

Nearly Two-Thirds of Companies not yet Reporting Climate-Related Financial Impact on Financial Statements: EY

Companies globally are only incrementally improving the quality of their climate-related disclosures, with only around a third referencing climate-related financial impact on their financial statements, and nearly sixty percent not yet disclosing transition plans, according to a new study released by global professional services firm EY. The study also found that to date, most companies’ climate action strategies are focused…

IAASB Releases New International Sustainability Reporting Assurance Standard

IAASB Releases New International Sustainability Reporting Assurance Standard

Auditing, quality control, and assurance standard-setting body the International Auditing and Assurance Standards Board (IAASB) announced the publication of its finalized International Standard on Sustainability Assurance 5000 (ISSA 5000), aimed at establishing a new standard for practitioners in carrying out sustainability assurance engagements. The new standard comes as companies are increasingly reporting on sustainability and climate-related risks, opportunities and impacts…

Carbon Markets’ Baku Boost

Article 6 negotiations enjoyed an early breakthrough at COP29, but further progress may depend on the approach of the US delegation.    Talks on use of carbon markets to support national climate plans have begun well at COP29, with approval for standards and methodologies for activities conducted through an international carbon crediting mechanism. The relief was palpable, partly because the…

Europe Treads Own Path to Transition

EFRAG’s guidance will synthesise planning disclosure requirements, but EU must keep an eye on international cohesion.  A move to consolidate guidance on transition planning is expected to provide more direction to European corporates and decision-useful insight to investors. However, the EU has been urged to also prioritise interoperability with international standards and move quickly toward a single transition plan regulatory…