The New York State Senate announced that it has passed a series of environmentally-focused legislative initiatives, including a new bill establishing the Climate Corporate Data Accountability Act, which would introduce mandatory requirements for large companies to report their direct and value chain greenhouse gas (GHG) emissions. The new law would require New York’s Department of Environmental Conservation to adopt regulations…
Business and financial markets information service provider Bloomberg has appointed Lauren Smart, former head of S&P Global’s sustainability-focused business unit, Sustainable1, as its new Global Head of Sustainable Finance. Smart has been serving as Head of S&P Global Sustainable1 since January 2025, after joining the unit as part of its start-up team in 2020. She initially joined S&P Global through…
The International Organization for Standardization (ISO) announced the launch of “ISO 14092:2026 – Climate change adaptation,” a new international standard aimed at helping organizations including local governments and communities to design, implement and monitor climate adaptation plans. According to ISO, the launch of the new standard comes as many organizations have adopted climate adaptation strategies, yet implementation remains fragmented and…
Guest post by: Freddie House, Chief Revenue Officer of Sweep Amidst deregulation, ESG backlash, and heightened cost pressures, there’s logic in assuming organizations will retreat to a compliance-only stance on corporate sustainability. Investing scarce capital on programs that don’t appear to actively contribute to the bottom-line or core P&L is hard to justify. Yet, this supposed trade-off between compliance and…
London’s Heathrow airport announced a new increase in its Sustainable Aviation Fuel (SAF) incentive scheme, with plans to make £80 million (USD$108 million) available to airlines to help cut the price gap between SAF and traditional jet fuel, and to scale the use of SAF at the airport to 5.6% in 2026. Fuel accounts for the vast majority of the…
The European Central Bank announced that it has fined Paris-based international banking and investment group Crédit Agricole more than €7.5 million (USD$9 million) for failing to meet a deadline set by the central bank to assess the materiality of its climate-related and environmental (C&E) risks. The announcement marks the second climate-risk related fine imposed by the ECB, following a €187,650…
Schroders Capital, the private markets investment division of global investment manager Schroders has appointed Holly Turner as its new Head of Sustainable Investments. Turner takes on her new role after more than seven years in a series of climate and sustainable investing-focused positions at Schroders, most recently serving as Sustainable Investment Lead and Climate Specialist for Schroders Capital, with responsibilities…