Sustainability and carbon market news
Stay up to date with the latest sustainability news, carbon market insights, and environmental regulation updates shaping the future of business.
From companies' net zero journeys and ESG reporting to evolving frameworks like CSRD and SBTi, explore the trends and regulatory changes driving corporate sustainability worldwide.
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Ferrari is accelerating its commitment to sustainability while delivering a record-breaking financial year in 2024. The luxury automaker reported €6.68 billion in revenue, an 11.8% increase, driven by innovation, customisation demand, and strategic partnerships. As Ferrari strengthens its eco-conscious transformation with initiatives to cut emissions, it is moving closer to an electrified future, with the much-anticipated launch of its first all-electric vehicle later this year—a milestone in its broader sustainability roadmap. An electric...
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CORSIA
The International Carbon Registry (ICR) has announced significant updates to its carbon standards, aiming to better align with the Carbon Offsetting and Reduction Scheme for International Aviation’s (CORSIA) offset scheme and the International...
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Apple
Apple has taken a significant step towards its ambitious 2030 climate goal by introducing its first-ever carbon-neutral product in the latest Apple Watch lineup. Through innovations in design and clean energy, the emissions from each carbon-neutral...
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Investment
Carbon markets
Ripple (XRP), a leading blockchain company, has made a groundbreaking move by investing $100 million in carbon markets. This strategic investment aims to accelerate carbon removal activities and modernise carbon markets through innovative...
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Chile
Chile is on the verge of becoming a world-leading exporter of green hydrogen production with the opening of the Haru Oni plant, owned by Highly Innovative Fuels (HIF). It is scheduled to begin operation in March 2023. Haru Oni, the biggest green...
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European Union
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A vote on the European law to ban the sale of new CO2-emitting cars in 2035 has been postponed until the end of March 2023. A representative for Sweden, now in charge of rotating the European Union (EU) presidency, said ambassadors from member...
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The World Economic Forum (WEF) and consulting firm Accenture have published a white paper analyzing seven countries responsible for half of global greenhouse gas emissions. China, the European Union, Japan, Saudi Arabia, the United Arab Emirates,...
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Sustainability
It’s safe to say that Coldplay is dead serious about reaching their low-carbon and sustainable goals after the band launched their special Music Of The Spheres World Tour App. The app is undoubtedly praised by Coldplay’s eco-conscious fanbase, which...
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Land Life Company’s mission is to restore the world’s degraded land, which is equivalent to two billion hectares. With this aim in mind, the company engages in numerous projects in various geographies with different types of degradation. The...
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Investment
Texas-based TPG and Toronto-based Brookfield Asset Management both announced their respective climate-focused funds on July 27 2021. These funds from TPG and Brookfield Asset Management act as private equity’s 13th and 14th mega-funds respectively....
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