The Association of Chartered Certified Accountants (ACCA), announced the launch of a new Professional Diploma in Sustainability, a course and certification designed for finance professionals at all levels who are looking to gain a deeper understanding of sustainability in the business world. The new course comes as demand for sustainability-related skills is increasing globally as companies and countries globally begin…
Data center-focused cooling and automation solution provider Submer announced that it has raised $55.5 million in a new funding round, with proceeds aimed at supporting the copmany’s sustainable immersion cooling technology to help data centers cut costs and environmental impact. The financing comes as AI-driven growth is driving a rapid increase in data center power demand. Over the past few…
3M announced a series of new and updated climate-related goals, including a new target to reduce absolute Scope 3 greenhouse gas (GHG) emissions by 42% by 2030, on a 2021 basis. The company also announced that its near-term emissions reduction goals have been validated by the Science Based Targets initiative (SBTi) as being in line with the 1.5° C trajectory…
HSBC Asset Management and World Bank Group member the International Finance Corporation (IFC) announced an agreement to launch a new fund targeting SDG-aligned corporate bond issuers in emerging markets. According to HSBC and IFC, the new fund aims to enhance sustainability in the emerging markets corporate bond space by investing in key areas such as sustainable technologies, social impact, and…
Professional services and information solutions provider Wolters Kluwer announced the appointment of Richard Pulliam as Senior Vice President and General Manager of Wolters Kluwer Corporate Performance & ESG (CP & ESG) division’s EHS & ESG unit. The EHS & ESG business unit, known for its EHS and operational risk management software product Enablon, forms part of Wolters Kluwer’s recently formed…
The European Commission announced that it is proposing a one-year delay to the implementation of the EU Deforestation Regulation (EUDR), a new law aimed at ensuring that products imported to or exported from EU markets no longer contribute to deforestation and forest degradation globally, which is currently set to apply to from the end of this year, beginning with large…
The UK government announced on Friday that it will make up to £21.7 billion available over the next 25 years for the development of two new “carbon capture clusters” capable of removing and storing more than 8.5 million tonnes of industrial carbon emissions per year. In addition to supporting new carbon capture and CCUS enabled hydrogen projects, the new funding announcement is…