Institutional Shareholder Services’ (ISS) announced today the acquisition by its governance, compensation, sustainability, and cyber risk business ISS-Corporate of corporate sustainability reporting software solutions provider Celsia. Founded in 2021, Oslo-based Celsia offers solutions aimed at simplifying regulatory sustainability reporting, with a particular focus on the EU’s Corporate Sustainability Reporting Directive (CSRD) regulations. The CSRD, which began applying to some companies…
By: Jim Pelletier, Senior Product Manager at Wolters Kluwer TeamMate In today’s corporate landscape, the notion of sustainability has evolved from being merely a buzzword to a critical component of business strategy. With increasing pressure from investors, employees, consumers, and regulators to address environmental, social, and governance (ESG) issues, companies are embracing a new role: the ESG Controller. The Role…
Automotive giant Toyota announced today the launch by its venture capital arm Toyota Ventures of the Toyota Ventures Climate Fund II (TVCF II), a new fund aimed at investing in startups focused on climate and environmental sustainability solutions. The new fund is the second climate-focused VC fund by the company, following its inaugural Toyota Ventures Climate Fund launched in 2021….
Lawmakers in the European Parliament voted on Wednesday to adopt a new law aimed at establishing a certification system to quantify, monitor and verify carbon removals, and to counter greenwashing. The adoption, which passed in a 441-139 vote by MEPs, marks one of the final steps towards the launch of a comprehensive carbon removal and soil emission reduction framework in…
Climate accounting software provider CarbonChain announced today the launch of CarbonChain Comply, a new carbon reporting solution for businesses within metals and energy supply chains. According to CarbonChain, the new solution aims to address the growing regulatory requirements and stakeholder demands for transparent and accurate disclosure in the commodities supply chain, offering a “one-stop shop for carbon reporting.” Founded in…