Intelligize Webinar | June 3, 202612:00 p.m. – 1:00 p.m. ETRegister here. The ESG landscape has shifted significantly in recent years, presenting new challenges for organizations operating in this rapidly evolving space. In this session, we will explore the legal and regulatory risks emerging on both sides of the ESG debate and examine the impact of key regulatory developments in the…
IFS Launches New Emissions Measurement and Reporting Solution for Industrial Companies
Industrial software provider IFS announced today the launch of IFS Zero, a new agentic AI-powered platform aimed at users in asset-intensive industries to measure, disclose, and optimize carbon emissions across Scope 1, Scope 2, and Scope 3 According to IFS, the new platform is designed to address emissions management challenges facing sustainability teams, including fragmented data, manual reconciliation, and time-intensive reporting,…
McDonald’s to Miss 2030 Value Chain Decarbonization Goal, Remains Committed to Net Zero by 2050
McDonald’s revealed significant progress in its operational climate and sustainability goals, but acknowledged that it does not expect to achieve its 2030 Scope 3 value chain emissions reduction targets, due to energy and supply chain challenges beyond the company’s control. Despite anticipating missing its interim goal, however, in a statement by Jon Banner, Global Chief Impact Officer and Warren Anderson,…
Amazon, Google, Meta, Microsoft Back Initiative to Invest, Test, and Scale Cleantech Solutions in Data Centers
Environmental impact-focused investment platform Elemental Impact, alongside tech giants Amazon, Google, Meta, and Microsoft, announced today the launch of the Data Center Innovation Initiative (DCII), a new initiative aimed at investing in clean energy and materials technology startups, and testing their solutions in data center environments for future deployment across broader energy and industrial applications. According to Elemental Impact, the…
IFRS, GRI Expand Collaboration to Align Sustainability Reporting Standards
The IFRS Foundation and the Global Reporting Initiative (GRI) released a new statement reaffirming their commitment to work together to align GRI and ISSB sustainability reporting standards as part of their joint efforts to enable a seamless, global and comprehensive sustainability reporting system. The new statement describes the common disclosures that the GSSB and ISSB have been working together to…
Stockholm Becomes One of World’s Largest Carbon Removal Buyers with New 750,000-Tonne Deal
The City of Stockholm announced that it has entered into a long-term 750,000-tonne carbon removal deal with Swedish energy company Stockholm Exergi, making the city the fifth largest buyer of permanent carbon removals globally. Under the new agreement, the City of Stockholm will purchase the equivalent of 50,000 tonnes of carbon removal annually for 15 years from Stockholm Exergi’s bio-energy…
The Justice Company and HANetf launch human rights-screened ETF
The Justice Company has joined forces with HANetf to launch one of the first ETFs built around a specialist human rights-based screening framework. JURY Global High Dividend UCITS ETF, which has the ticker ‘JURY’, is classified as Article Eight under the Sustainable Finance Disclosure Regulation. It aims to provide investors diversified access to global equities, which offer attractive dividend pay-outs,…
‘An unknown future’: Impax Environmental Markets approaches ‘critical’ vote in Saba saga
The sustainable investment trust Impax Environmental Markets (IEM) has recommended shareholders vote for the re-election of its current directors and against US hedge fund Saba Capital’s proposed replacements. In a letter from the chair, Glen Suarez, released on Friday (22 May), he said: “In these circumstances, the board is unable to recommend the resolutions proposed by Saba for the appointment…
Navigating sustainability regulation: Two key trends and what comes next
Regulatory uncertainty defined 2025 and will continue to do so this year. In the US, a reversal of ESG-related policies and enforcement priorities sent a strong signal to markets. In other countries, policymakers recalibrated their regulatory approach, while ESG-focused litigation rose as stakeholders increasingly turned to the courts. For portfolio advisers and private wealth firms, the challenge is operational as…
CIP launches bioenergy fund with €1.5bn target
Copenhagen Infrastructure Partners (CIP) has announced it is launching a new fund focused on scaling bio methane and bioenergy production across Europe. The new fund is launching with a €200m (£173m) commitment from the EIB Group’s European Investment Fund. CIP has set a target size of €1.5bn for ABF II, roughly twice the size of its previous fund, which closed…