20-Sep-2021
Turkey’s first Islamic bond offering oversubscribed
Kuveyt Turk launched the three-year $100m (Dh367.2m) sukuk on August 17. The instrument was primarily bought by financial institutions.
20-Sep-2021
Illinois to require 100% carbon-free energy by 2045
Illinois’ General Assembly moved a bill to the governor’s desk to set a binding 100 percent carbon-free energy standard by 2045.
20-Sep-2021
Los Angeles to begin phase-out of oil drilling
The Los Angeles County Board of Supervisors voted unanimously to begin phasing out oil drilling on unincorporated Los Angeles County land.
20-Sep-2021
P&G to target a net-zero value chain by 2040
Procter & Gamble (P&G) has unveiled a new climate action plan to reach net-zero emissions across its value chain by 2040.
20-Sep-2021
European steel industry in danger of surpassing carbon budget, missing net zero goals
The steel industry’s existing carbon assets are predicted to release 2.3b metric tons of CO₂ by 2035 despite a budget of 3b tCO₂ release by 2050.
20-Sep-2021
WGBC sets new requirements for the construction sector
The WorldGBC expanded the Net Zero Carbon Buildings Commitment with new requirements for property and construction firms to reduce carbon emissions.
20-Sep-2021
EU commits €4b more to climate vulnerable countries
The EU will commit an additional €4 billion ($5b) by 2027 to support low-income and climate vulnerable countries.
20-Sep-2021
BT Group accelerates net zero targets
BT Group announced plans to bring forward its operational net zero target from 2045 to 2030 and its supply chain and customer emissions targets to 2040.
20-Sep-2021
Top emitters fall short on climate risk disclosure: Report
Top emitters are not disclosing the full risks associated with climate change, a study by Carbon Tracker and the Climate Accounting Project (CAP) said.
17-Sep-2021
Southern EU leaders vow to meet Paris climate targets
Southern EU leaders pledged their adherence to the Paris Agreement in an Athens summit.
17-Sep-2021
UN: commitments must redouble to meet Paris Agreement
Nations must redouble planned climate targets if the world is to meet the minimal threshold of the Paris Agreement, according to a new UN report.
17-Sep-2021
US and EU pledge 30% cut in methane emissions
The US and the EU made a joint pledge to cut global methane emissions by almost a third in the next decade.
16-Sep-2021
EU plans certification scheme for carbon dioxide removals
The European Commission will publish a policy paper by the end of the year on the sustainable management of the carbon cycle.
15-Sep-2021
Brazil’s banks to add climate change risks into stress tests
Brazil’s central bank announced new rules making it mandatory for banks to incorporate climate change-related risks into stress tests, starting in July 2022.
15-Sep-2021
EU commits €4b more to climate vulnerable countries
The EU will commit an additional €4 billion ($5b) by 2027 to support low-income and climate vulnerable countries.
15-Sep-2021
Bank of Finland adopts net-zero target
The Bank of Finland announced it had adopted a climate goal of reaching carbon neutrality by 2050 at the latest.
13-Sep-2021
Hitachi targets carbon-neutral value chain by 2050
Tech giant Hitachi has revised its sustainability targets with a new plan to achieve carbon neutrality across its entire value chain by 2050.
13-Sep-2021
Few fossil fuel reserves safe to extract under 1.5C scenario
Research found 90% of coal and 60% of oil and gas reserves could not be extracted if there was to be even a 50% chance of maintaing 1.5C trajectory.
13-Sep-2021
New industry-led ESG standard launched
An industry-led hydropower sustainability standard was launched at the World Hydropower Congress, aimed at certifying hydro projects around the world.
13-Sep-2021
ICS sets out plans for carbon levy
The International Chamber of Shipping, (ICS) has put forward a comprehensive proposal for a global levy on carbon emissions from ships.