Lawmakers in the European Parliament and Council announced today that they have reached a provisional agreement on a directive to delay 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). While the deal, aimed at providing more time for companies to…
Only around one in four senior business executives report that they have access to high quality sustainability data, and nearly 60% anticipate difficulty complying with new sustainability reporting regulations, while nearly all agree that sustainability is crucial to the success of their organizations, according to a new survey conducted by CRM solutions provider Salesforce, in partnership with insights and advisory…
We know there will be a US presidential election this year. What we do not know with any certainty yet, is who will win. This makes it harder than usual to predict the future direction of policy. And right now, one of the most talked about areas of all is the green transition. Especially now that investment is increasing so…
UN Principles of Responsible Investment has been delivering report cards to asset managers rating their responsible investment practices for the past year. Investment manager signatories report annually on their responsible investment activities using the organisation’s reporting framework, and then receive an assessment report showing how these activities and progress have been rated. The reports, and the summary scorecards which go…
The U.S. Postal Service (USPS) announced today a series a set of new 2023 sustainability targets, encompassing goals to reduce emissions across the value chain and circular economy commitments to reduce waste and increase recyclability. According to the USPS, the new goals align with the organization’s ten-year financial sustainability and service excellence plan, Delivering for America. Launched in 2021, the…
Cleantech startup Avnos announced today that it has raised $36 million, with proceeds from the series A financing round to be used to support the company’s growth and the expansion of its proprietary Direct Air Capture (DAC) carbon removal technology. Founded in 2020, California-based Avnos offers a proprietary Hybrid Direct Air Capture (HDAC) solution that uses only air, electricity and…
Lawmakers in the European Parliament and Council announced today that they have reached a provisional agreement on the Net Zero Industry Act (NZIA), a new regulation aimed at scaling up clean technology industrial capabilities and capacity across Europe. The agreement follows the introduction of the proposed NZIA by the European Commission in March 2023, forming one of the key elements…