Corporate Climate News

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Found 2,002 results. Page 1 of 101.

28-Nov-2022

FCA forms ESG data and ratings code of conduct group

The UK’s Financial Conduct Authority (FCA) has formed a group to write a voluntary code of conduct for ESG data and ratings providers, to be released in 2023

28-Nov-2022

US commits to zero-emissions heavy trucks

The US has pledged to sell all zero-emission medium- and heavy-duty trucks and buses by 2040, signing the Global MoU on Zero-Emission trucks at COP27

28-Nov-2022

Arham Energy sets operational net-zero target for 2050

The Indian energy firm has the ambition to achieve Scope 1 and 2 net-zero across its wholly-owned operated assets by 2050, further to its Scope 3 net-zero plan for 2070.

28-Nov-2022

Property catastrophe reinsurance to rise in 2023

‘Property-cat’ premium increases will support underwriting margins against rising claims due to high inflation and climate change.

28-Nov-2022

First coral reef insurance policy issued in the US

The policy covers tropical storms for reefs in Hawaii and is the second of such policies after one was purchased to cover hurricane damage in Mexico.

28-Nov-2022

Iberostar intends to be net zero by 2030

The Spanish hotel group is launching its decarbonisation roadmap, with the intent to reduce emissions and protect and restore nature in its destinations.

28-Nov-2022

US wants to sanction criminals behind deforestation in Brazil

The plan represents a change in the US strategy to tackle climate change, adding sanctions to its toolkit of tax incentives and multilateral agreements.

28-Nov-2022

Agrana submits 2030 reduction targets to SBTi

The Austrian firm has submitted targets for its entire value-added chains (Scopes 1 to 3) of each of its three business segments (Fruit, Starch and Sugar).

28-Nov-2022

Mubadala acquires strategic stake in AirCarbon Exchange

The Abu Dhabi sovereign wealth fund invested in ACX, which is establishing a carbon trading exchange and carbon clearing house in Abu Dhabi Global Market (ADGM).

28-Nov-2022

Norway and Switzerland to strengthen cooperation on CDR, CCS

Norway and Switzerland will strengthen cooperation on carbon capture and storage (CCS) and carbon dioxide removal (CDR) to support each country’s targets.

28-Nov-2022

European Commission handed draft EU Reporting Standards

The Commission’s technical adviser EFRAG has released a first draft of the EU’s corporate sustainability standards, from climate change to pollution to resource use.

28-Nov-2022

Singapore waives goods and services tax on carbon credits

The Inland Revenue Authority (Iras) said carbon credits issued, transferred or sold will be treated as “neither a supply of goods nor a supply of services”.

28-Nov-2022

Canada unveils first climate adaptation strategy

Canada’s strategy sets targets for preventing extreme heat deaths, reversing species loss and protecting homes, with CAD$1.6Bn ($1.2Bn) invested over 5 years.

28-Nov-2022

ANZ allocates $67Bn to accelerate net zero transition

Australia and New Zealand Banking Group Ltd (ANZ) said it had allocated A$100Bn ($67Bn) of lending funds to help its customers lower carbon emissions by 2030.

28-Nov-2022

Colombia passes major changes to credits in tax reform

Colombian lawmakers have voted various tax reforms including the provision to halve the carbon credit usage towards the country’s carbon tax requirements.

28-Nov-2022

IMCO releases interim 2030 targets towards net-zero plan

The Investment Management Corporation of Ontario’s (IMCO) newly-released plan to meet its net-zero by 2050 has won limited praise.

28-Nov-2022

China releases regulations draft for power market spot trading

The energy regulator lay out regulations for market-based electricity pricing, which will improve and strengthen the national emissions trading scheme (ETS).

28-Nov-2022

Court blocks Waratah’s coal mine project set to emit 1.6Gt CO2e

Queensland Land Court has recommended the mine lease and permit applications to be rejected as the new mine would pose an ‘unacceptable’ risk to the climate crisis.

28-Nov-2022

EU issues new €6Bn NextGenerationEU green bond

This issuance brings the total of NextGenerationEU green bonds to €35.5Bn, just over 20% of the €167.5Bn issued since the start of NextGenerationEU in June 2021

28-Nov-2022

EDF and CACIB sign world first green loan for nuclear

EDF and Crédit Agricole CIB (CACIB) have signed a €1Bn green loan dedicated to finance the maintenance of existing nuclear power plants in France, a first.

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