Standards-setting organizations the International Organization for Standardization (ISO) and Greenhouse Gas Protocol (GHG Protocol) announced on Wednesday that they will combine their corporate carbon accounting standards into a single, harmonized global accounting standard. The announcement follows the creation of a strategic partnership between ISO and GHG Protocol last year, aimed at unifying the global standards used by companies for greenhouse gas emissions measurement…
AI waste intelligence company Greyparrot announced that it has raised $27 million in a Series B funding round, with proceeds aimed at scaling its technology platform to help abate over one million tons of waste by 2030. Founded in 2019, London-based Greyparrot develops AI-powered waste intelligence solutions that enable recycling facilities to monitor and analyze waste streams in real time,…
UK charity endowment manager Nesta Trust announced that it has transferred a £120 million (USD$160 million) investment mandate from U.S.-based Northern Trust Asset Management (NTAM) to European asset manager Amundi, stating that the move is a “direct consequence” of NTAM’s departure from climate-focused investment groups Net Zero Asset Managers Initiative (NZAMI) and Climate Action 100+ (CA100+). Nesta Trust said that…
Advanced nuclear technology startup Nuclear Turbines announced that it has raised £15 million (USD$20 million) in a new funding, with proceeds to be used to scale its solution, based on gas turbine technology, to address nuclear energy’s cost and scale challenges. Founded in 2023 by Jeremy Owston and nuclear engineer Professor Tim Abram and spun out of BEA Systems, Manchester-based Nuclear Turbines…
TotalEnergies announced that it has decided to appeal a recent ruling by the Paris Judicial Court ordering the company identify and disclose measures to address climate risks resulting from greenhouse gas (GHG) emissions resulting from the use of its oil and gas products. The French energy giant said that it intends to argue that climate change is a global phenomenon outside…
Carbon market standards organization Verra announced the launch of its new registry, powered by S&P Global Energy, aimed at advancing carbon market registration and enabling users to track and manage carbon, water and biodiversity credits throughout their lifecycles. Founded in 2007 and based in Washington, D.C., Verra is a nonprofit organization that develops standards and operates registries for carbon credits…
Climate research provider and environmental disclosure platform CDP announced the launch of a new AI-powered “Suggested Response” feature designed to help simplify disclosure preparation for organizations, while enabling faster and higher quality reporting. According to CDP, market testing of the new service demonstrated reduced disclosure preparation time by an average of 40%, increased response and completion rates by 25% and…
Singapore’s business reporting and accounting regulator the Accounting and Corporate Regulatory Authority (ACRA) announced the release of the draft Singapore Sustainability Disclosure Standards, based on the sustainability and climate-related reporting standards developed by the IFRS Foundation’s International Sustainability Standards Board (ISSB). The new proposed standards are designed to form the basis of new mandatory climate and voluntary broader sustainability reporting requirements…