Lawmakers in the European Parliament and Council announced Thursday evening that they have reached a provisional agreement to simplify and delay the EU Deforestation Regulation (EUDR), a new law aimed at requiring companies to ensure that products imported to or exported from EU markets no longer contribute to deforestation and forest degradation globally. As part of the agreement, the co-legislators…

Environmental commodities trading and climate finance firm announced the launch of STX Climate Tech, a new platform aimed at enabling companies to simplify the procurement and management of environmental commodity products to help achieve Scope 3 emissions decarbonization. The initial launch of the platform includes Energy Attribute Certificates (EACs) with more products expected to be added in 2026. Key features…

UK ad regulator the Advertising Standards Authority (ASA) announced a series of rulings, banning ads from fashion retailers including Nike, Lacoste and Superdry over misleading claims about the sustainability attributes of their products. According to the ASA, the rulings form part of the regulator’s wider investigation of environmental claims in the retail fashion sector, with the ads identified for investigation…

The European Commission announced today plans to invest up to €5.2 billion (USD$6.1 billion) in net zero technology, clean hydrogen and industrial decarbonization projects, using funds generated through its EU Emissions Trading System (EU ETS). The new funding opportunities consist of three calls for proposals, including €2.9 billion earmarked for the Commission’s 2025 Net-Zero Technologies call, €1.3 billion for its…

Telecommunications and media giant AT&T has committed to ending its diversity, equity and inclusion (DEI) policies, and to refrain from DEI-based hiring quotas, training and supplier requirements, in a letter to U.S. Federal Communications Commission Chairman Brendan Carr. The letter by AT&T forms the latest in a series of moves by U.S. companies and investors to pull back on their…

Sustainability-focused financial group Triodos Bank announced the launch of its first integrated Climate and Nature Strategy, combining its climate and biodiversity ambitions into a single strategy across Triodos Bank, and its investment unit, Triodos Investment Management. The new strategy includes a series of targets aimed at rapidly reduce financed emissions, accelerating the energy transition and scaling-up high-integrity nature-based solutions. As…

The European Financial Reporting Advisory Group (EFRAG) announced the release of its finalized proposed revision of the European Sustainability Reporting Standards (ESRS), aimed at significantly simplifying and reducing sustainability reporting requirements for companies under the EU’s Corporate Sustainability Reporting Directive (CSRD). The new proposed ESRS would dramatically cut back reporting obligations for companies under the CSRD, with EFRAG reducing datapoints…

Sustainable investing-focused capital market exchange Green Impact Exchange (GIX) announced today the appointment of Maria Mahl as Chief Product Officer, responsible for leading the execution of GIX’s recently announced product roadmap. Founded in 2022 by former NYSE executives, including CEO Daniel Labovitz, former head of regulatory policy at the NYSE, and Chief Operating Officer Charles Dolan, former Executive Floor Governor…

Nature-based solutions startup Pantheon Regeneration announced a new investment from Microsoft’s Climate Innovation Fund, with proceeds from the investment supporting the scaling of the development of Pantheon’s ecological restoration projects, aimed at reviving biodiversity and removing carbon from the atmosphere. Founded in 2023, Pantheon develops, finances and manages projects that remove and reduce greenhouse gas emissions from the atmosphere while…

The Bank of England (BoE) announced today the release of “Supervisory statement (SS) 4/25 – Enhancing banks’ and insurers’ approaches to managing climate-related risks,” its finalized new policy with stronger expectations for banks’ and insurers’ management of climate-related risks, across areas ranging from board and management accountability, climate risk integration, and climate-related data quality. The new policy replaces the BoE’s…