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From Bonn to Baku

A series of missed opportunities at the Bonn Climate Change Conference have ramped up pressure for COP29 to deliver on the green transition, argues UNEP FI Climate Lead Remco Fischer.  The climate crisis is “too big, too serious and too urgent to rely on the resources of public institutions alone”, according to the World Economic Forum (WEF). The forum estimates…

IIGCC: Climate Physical Risk Tool Is Game Changer

A new methodology allows investors to evaluate and report on the physical risks climate change pose to their real assets. In a world where the climate is changing in ways that are hard to predict, assessing future risks to infrastructure and property has proven difficult – and methodologies have been fragmented and opaque. But the Institutional Investor Group on Climate…

GM Signs its Largest Renewable Energy Deal

GM Signs its Largest Renewable Energy Deal

Automotive giant GM announced today that it has signed a 15-year renewable energy purchase agreement with NorthStar Clean Energy, a unit of CMS Energy, to fuel three GM assembly plants. The announcement marks GM’s  largest power purchase deal yet and an important milestone in the company’s goal to be carbon neutral by 2040, according to the company. In 2022, GM…

How Can Improve My B Corp Score? A Concise Answer!

How Can I Improve My B Corp Score? A Concise Answer!   Achieving a strong B Corp score is crucial for certification and demonstrates your company’s commitment to social and environmental responsibility. Whether you’re aiming to achieve certification for the first time or looking to improve your score for recertification, there are several strategies you can implement. This article will…

KLA Sets New 2030 Scope 3 Goal to Reduce Emissions from Use of Products

KLA Sets New 2030 Scope 3 Goal to Reduce Emissions from Use of Products

Global semiconductor equipment and services company KLA today announced that its near-term targets to reduce greenhouse gas (GHG) emissions have been approved by the Science Based Targets initiative (SBTi) including its new Scope 3 goal targeting emissions from the use of its products by customers. In 2022, the company announced its commitment to reduce Scope 1 and 2 GHG emissions…

How to Get B Corp Certified? A Concise Answer!

How to Get B Corp Certified? A Concise Answer!   Achieving B Corp Certification is a significant milestone for any business committed to balancing profit with purpose. It signals to the world that your company meets the highest standards of social and environmental performance, accountability, and transparency. However, the path to certification is not without its challenges. In this article,…

The European Commission publishes FAQs on the implementation of the EU corporate sustainability reporting rules

On 7 August 2024, the European Commission published a set of frequently asked questions on the implementation of the EU Corporate Sustainability Reporting Directive (Directive (EU) 2022/2464) (“CSRD“) and the interpretation of certain legal provisions in the Accounting Directive (Directive 2013/34/EU), the Transparency Directive (Directive 2004/109/EC) and the Sustainable Finance Disclosure Regulation (Regulation (EU) 2019/2088). The FAQs take into account…

The European Commission publishes FAQs on the implementation of the EU corporate sustainability reporting rules

On 7 August 2024, the European Commission published a set of frequently asked questions on the implementation of the EU Corporate Sustainability Reporting Directive (Directive (EU) 2022/2464) (“CSRD“) and the interpretation of certain legal provisions in the Accounting Directive (Directive 2013/34/EU), the Transparency Directive (Directive 2004/109/EC) and the Sustainable Finance Disclosure Regulation (Regulation (EU) 2019/2088). The FAQs take into account…

What is B Corp Certification? A Concise Answer!

What is B Corp Certification? A Concise Answer! Understanding B Corp Certification: A New Era of Business Responsibility B Corp Certification is more than just a badge—it’s a commitment to balancing profit with purpose. This certification, awarded by the non-profit organisation B Lab, requires businesses to meet rigorous standards that assess their social and environmental impact. But what does this…

Meta Signs PPAs with RWE to Power Data Centers, Offices from New U.S. Solar Farms

Meta Signs PPAs with RWE to Power Data Centers, Offices from New U.S. Solar Farms

Power producer RWE announced it has signed two, long-term power purchase agreements (PPA) with Meta from two solar farms under construction in the U.S., providing renewable energy for Meta’s operations including data centers and offices. Onsite construction is underway on RWE’s 274-megawatt (MWac) County Run Solar project in Illinois and on its 100 (MWac) Lafitte Solar project in Louisiana, with commissioning…