The International Organization for Standardization (ISO) announced the launch of “ISO 17298: Biodiversity for organizations,” a new standard aimed at helping organizations to assess and address their biodiversity impacts, dependencies, risks and opportunities. According to ISO, the new standard comes amidst growing regulatory, reputational, and operational pressures from increasing biodiversity risks, with $44 trillion, or over half of global GDP,…
The European Commission unveiled a series of pieces of scheduled legislation slated for delay through “de‑prioritisation,” including the adoption of European Sustainability Reporting Standards (ESRS) for companies outside of the EU under the Corporate Sustainability Reporting Directive (CSRD). The de‑prioritisation process was revealed in a letter from the Commission to the EU’s financial regulators, forming part of its simplification agenda,…
Brookfield Asset Management announced that it has raised $20 billion in commitments and strategic capital at the final close of the Brookfield Global Transition Fund (BGTF II), marking the largest-ever private fund dedicated to the transition to clean energy. In addition to exceeding its fundraising target and exceeding the size of its record-breaking predecessor BGTF fund, Brookfield also announced that the…
By: Simon Weaver, Global Head of ESG Advisory, KPMG International The narrative around ESG has often been framed as a moral obligation or a regulatory burden, but the KPMG 2025 CEO Outlook findings, released this week, unequivocally demonstrate a profound shift. Business leaders now clearly understand that ESG is not just “good for the planet” but fundamentally “good for business.”…
Private markets-focused ESG data solutions provider Novata announced today the acquisition of European sustainability performance and reporting platform Atlas Metrics, in a move aimed at expanding its global reach to meet the growing demand for sustainability data and reporting solutions. Founded in 2021, Berlin-based Atlas Metrics provides an ESG compliance and sustainability performance management platform, utilizing automation, AI, secure data…
Energy company TotalEnergies and resource management-focused company Veolia agreed to broaden their partnership through a new memorandum of understanding aimed at speeding up the shift toward cleaner energy and more efficient resource use. The collaboration combines their respective expertise in energy and environmental management to develop large-scale solutions that lower emissions and conserve water across industries. Specifically, Veolia will apply…