Honda announced that it plans to build a comprehensive EV value chain in Ontario, Canada, aimed at strengthening its EV supply system and capability to prepare for a future increase in EV demand in North America. The company said that it will stive to establish an EV value chain in Canada that includes that ranges from the procurement of raw…
The European Commission announced today that it has launched action, alongside the EU consumer authorities, against 20 airlines over misleading greenwashing practices, with a particular focus on claims made by the airlines that the CO2 emissions from flying could be offset by paying additional fees to support climate projects or the use of sustainable aviation fuel (SAF). In a letter…
EU member states in the European Council announced that they have approved a directive delaying the adoption of standards for companies to provide sector-specific sustainability disclosures and for sustainability reporting from companies outside of the EU under the Corporate Sustainability Reporting Directive (CSRD). The announcement by the EU Council marks the final decision-making step in the adoption of the postponement…
Lawmakers in the European Parliament voted 361 – 121 to approve the Net-Zero industry Act (NZIA), a new law aimed at supporting EU manufacturing of key technologies needed to achieve Europe’s climate and energy goals. The NZIA was initially proposed by the European Commission in March 2023, forming one of the key elements of its Green Deal Industrial Plan strategy…
Microsoft announced the addition of a series of new capabilities and features to its sustainability solution, Microsoft Sustainability Manager, including tools to enable users to determine the emissions impact of business decisions, analyze and extract data from ESG-related documents, and assess scenarios for water and waste management. Sustainability Manager forms part of Microsoft’s Cloud for Sustainability platform. Microsoft unveiled the…