U.S. Senator and Senate Banking Committee member Bill Hagerty announced the introduction of the “PROTECT USA” Act, proposing new legislation aimed at shielding U.S. companies from having to comply with the EU’s Corporate Sustainability Due Diligence Directive (CSDDD). The CSDDD sets out obligations for companies to identify, assess, prevent, mitigate, address and remedy impacts on people and planet – ranging…

UK financial regulators the Financial Conduct Authority (FCA) and the Bank of England’s Prudential Regulation Authority (PRA) announced that they have dropped plans to advance new rules aimed at boosting diversity and inclusion in the financial services sector. The announcements follow the launch by the FCA and PRA in September 2023 of a consultation into a series of rules to…

Tech giants Amazon, Google and Meta joined a group of major companies pledging to support the goal to triple global nuclear energy capacity by 2050. Led by global nuclear industry group World Nuclear Association, the “Large Energy Users Pledge” was also signed by Allseas, Bureau Veritas, Carbon3Energy, Clean Energy Buyers Alliance, Core Power, Dow, Fly Green Alliance, Lloyd’s Register, Occidental,…

Decarbonization and water technology startup Capture6 announced that it has raised $27.5 million in a Series A funding round, with proceeds aimed at advancing its projects converting water treatment brine into a carbon removal solution, while also recovering fresh water. Established in 2021, California and New Zealand-based Capture 6 offers a solution that simultaneously provides carbon removal and water treatment,…

Business sustainability ratings and solutions provider EcoVadis announced the launch of Carbon Data Network, a new data exchange aimed at enabling companies to access reliable primary carbon data from their suppliers. According to EcoVadis, the new data exchange comes as companies require more robust GHG emissions reduction strategies to meet their net zero commitments, and as they face increasing regulatory…