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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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Saudi Arabia ramps up environmental efforts with carbon credit initiatives

In a significant move towards environmental sustainability, Saudi Arabia has placed itself at the forefront of the global green movement. The Kingdom is assertively pushing forward with initiatives aimed at reducing its carbon footprint and achieving carbon neutrality through a robust carbon credit system. Picture of Rabigh mangrove forest, Saudi Arabia. AI generated picture. Louis Corapi, CFO of Gulf Cryo, a Dubai-based gas firm, highlighted the Kingdom's determined steps toward this goal, notably with the establishment of a carbon capture...

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Israel To Impose Carbon Tax

In August 2021, the Israeli government announced that it will introduce a carbon tax, following in the footsteps of other developed countries. This new tax was announced in a statement approved by the Tax Authority and the Finance, Energy,...

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