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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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China Carbon trading Reporting
China sets new global benchmarks with national corporate reporting standards

In a decisive move to modernise its Environmental, Social, and Governance (ESG) landscape, the Chinese government has introduced a new national standard for corporate environmental reporting. Titled the Corporate Sustainable Disclosure Standard No. 1 – Climate (Trial), the framework was jointly issued by the Ministry of Finance, the People’s Bank of China, and several key regulatory bodies. Employees in a small Chinese company are monitoring sustainability data under new corporate standards. AI generated picture. The initiative marks a...

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Carbon credits China Carbon compensation ETS
China’s carbon market forecast to surge 33-fold

China’s nationwide emissions trading system (ETS) is expected to undergo a dramatic expansion over the next five years, according to a new report by the World Economic Forum (WEF) and Bain & Company. The analysis suggests the market could grow to as...

China Net zero Asia SBTi
Corporate surge in science-based targets driving green strategy

Corporate environmental ambition is rapidly intensifying worldwide, with the number of companies committing to both near-term and net-zero science-based targets more than tripling in just 18 months. According to the Science-Based Targets initiative...

China Carbon markets Carbon emissions Governments ETS
China tightens rules in world’s largest carbon market

China is preparing to overhaul its national carbon market by introducing absolute emission caps in selected industries starting in 2027. The move, announced by the State Council on 25 August, represents a major departure from the current system,...

Carbon credits China Carbon markets Carbon pricing
China’s carbon prices hit record high amid compliance deadline pressure

China's carbon market has hit a significant milestone, with carbon permits rising to an all-time high of $14.62 (103.49 yuan) per tonne. This 35% price increase, observed since the start of 2024, is largely driven by tighter regulations and...

China Carbon markets Voluntary Carbon Market
Green turnaround: China restarts voluntary carbon credit trading

China has rejuvenated its voluntary carbon offset market, a scheme that was initially suspended in 2017. This relaunch marks a major step in China's environmental strategy, aiming to finance projects that are both eco-friendly and economically...

Carbon credits China Carbon markets Asia
China's carbon market gears up for unified standards

The State Council of China has approved a new set of regulations aimed at streamlining the nation's emissions trading systems (ETS). The forthcoming ‘Interim Regulations on the Management of Carbon Emissions Trading’ is poised to address crucial...

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