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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Europe’s leading luxury brands are moving to overhaul how environmental information is gathered across fashion supply chains, launching a coordinated effort to replace today’s fragmented reporting landscape with a single, streamlined system. Under a new European Accelerator created by The Fashion Pact, companies including CHANEL, Kering, Moncler Group and Prada Group are backing a shared approach to collecting and assessing supplier ESG data—an area long seen as a barrier to effective decarbonisation. Fashion team meeting at a luxury clothing...
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Carbon offsetting
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UAE
Mashreq, a prominent financial entity in the Middle East and North Africa (MENA) region and one of the oldest banking institutions in the Middle East, has recently partnered with UAE-based fintech firm Fils to introduce a pioneering carbon...
Green tech
ESG
Investing
In the world of nature tech startups, an impressive $7.5 billion in investments has materialised over the past five years. This growth is intimately tied to the escalating emphasis on corporate impact reporting, a phenomenon that has been a boon for...
Biodiversity
Investment
Nature-based solutions
ESG
Companies are undergoing a profound transformation in their approach to Environmental, Social, and Governance (ESG) strategies. This evolution is driven by the growing importance of nature-related factors in response to regulatory changes aimed at...
Carbon offsetting
Carbon emissions
Carbon footprint
ESG
In its 2023 Environmental, Social, and Governance (ESG) report, Alibaba announced a significant 13% reduction in net carbon emissions from direct operations. This achievement marks a major step towards its ambitious target of becoming carbon neutral...
Carbon sequestration
Carbon credits
Carbon markets
ESG
The recent auction on the Washington cap-and-invest market has produced remarkable statistics, raising eyebrows and generating anticipation for future events. The latest auction concluded with a surprising settlement price of $56.01 metric tonnes of...
Green bond
ESG
Investing
Siemens Energy AG raised €1.5 billion ($1.63 billion) in its first-ever green bond issue, according to Dow Jones Newswires. Siemens Energy AG, the parent company of Siemens Gamesa Renewable Energy, will use the bond to refinance the existing debt of...
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