ESG News
The full ESG Broadcast archive, newest first — every regulation, disclosure standard, sustainable-finance and climate brief we’ve published, verified by the editorial desk. 1,961 articles and counting.
- Disclosure Analytics
SBTi launches first science-based decarbonisation framework for steelmakers
The Science Based Targets initiative released the world's first science-based decarbonisation framework for the iron and steel industry, requiring over 91% cuts in direct emissions by 2050 versus 2021…
- Sustainable Finance
Astanor closes €360 million second sustainable food value chain fund
Astanor Ventures closed its second venture fund at €360 million, lifting assets under management to about €800 million for agrifood technology impact investing. The close signals sustained capital for…
- Disclosure Analytics
TNFD releases final recommendations with 14 nature-related disclosures
The TNFD released its final recommendations with 14 disclosures across four pillars to help organisations assess and report nature-related risks, impacts, and dependencies. The voluntary framework ali…
- ESG Movers
Mars commits to halve value-chain emissions by 2030, invest $1 billion
Mars committed to cut carbon emissions 50% across its entire value chain by 2030 and invest more than $1 billion over three years in climate action under its Net Zero Roadmap. The strategy of linking …
- Sustainable Finance
ICVCM Seeks External Experts for Carbon Credit Category Assessment Working Groups
The Integrity Council for the Voluntary Carbon Market has issued a call for carbon methodology experts to join Multi-Stakeholder Working Groups that will assess categories of carbon credits against th…
- Climate & Nature
IEEFA submits recommendations to improve Australia's emissions modelling
IEEFA has lodged a submission to Australia's Climate Change Authority recommending that the economic modelling of emissions reduction pathways be broadened to capture the full costs and benefits of di…
- Sustainable Finance
Optera Closes $12 Million Series A for Carbon Management Software
Optera, an ESG and carbon management software provider, closed a $12 million Series A round led by Next Frontier Capital with participation from Blackhorn Ventures, Mucker Capital and others. The fund…
- Climate & Nature
Study Finds Earth Has Breached Six of Nine Planetary Boundaries
A 2023 Science Advances study by Richardson, Rockström and colleagues found that Earth has transgressed six of nine planetary boundaries, including climate change, biosphere integrity, land system cha…
- Sustainable Finance
Pulsora Raises $20 Million Series A for Sustainability Management Platform
Pulsora, a sustainability management platform used by over 400 global companies, closed a $20 million Series A round led by Galvanize Climate Solutions to fund expansion across North America, Europe, …
- Climate & Nature
India needs green steel definition to kickstart sector decarbonisation
A joint report by IEEFA and JMK Research finds that India lacks a legal definition for green steel, creating uncertainty about which technology pathways qualify for investment support and policy incen…
- Climate & Nature
Green hydrogen to drive Indian steel decarbonisation only by 2050
IEEFA and JMK Research project that green hydrogen will become the primary route for steelmaking in India only around 2050, given the high cost of the fuel and the absence of a carbon penalty on emiss…
- ESG Movers
Apple Designates Apple Watch Series 9, SE and Ultra 2 Carbon Neutral
Apple designated its new Apple Watch Series 9, SE and Ultra 2 as carbon-neutral products, manufactured using 100% clean electricity and over 30% recycled materials by weight. The move sets a corporate…
- ESG Movers
McKinsey-ACMA Study Maps India Auto Sector's Net-Zero Pathway
A McKinsey study for the Automotive Component Manufacturers Association of India found the auto and auto-ancillaries sector, contributing 2.1% of GDP and 1.4% of national greenhouse gas emissions, mus…
- Disclosure Analytics
California Assembly Passes SB 253 Mandating Scope 3 Emissions Disclosure
California's Assembly passed SB 253 by a 41-20 vote, requiring companies with over $1 billion in revenue doing business in the state to disclose Scope 1, 2 and 3 emissions starting in 2026 and 2027 re…
- Climate & Nature
Virtual power plants offer path to replace Eraring coal capacity in Australia
Virtual power plants aggregating rooftop solar, batteries and electric vehicles could provide a cost-effective alternative to utility-scale generation as Australia's Eraring coal power station moves t…
- Climate & Nature
BMW Invests $750 Million to Convert Oxford MINI Plant to Electric
BMW Group will invest over £600 million ($750 million) to convert its UK MINI Plant Oxford to exclusive all-electric vehicle production by 2030. The commitment underscores accelerating automaker elect…
- Climate & Nature
Nike Launches ISPA Link Axis, Its First Fully Recyclable Shoe
Nike launched the ISPA Link Axis, its first fully recyclable shoe, designed with interlocking glue-free components and made from 100% recycled polyester and recycled TPU. The product demonstrates circ…
- Sustainable Finance
UK Pledges Record $2 Billion to Green Climate Fund at G20
UK Prime Minister Rishi Sunak pledged $2 billion to the UN-backed Green Climate Fund at the G20 Leaders Summit in New Delhi, a 12.7% increase on its previous commitment. The pledge strengthens interna…
- Sustainable Finance
EU ESG rating regulation falls short of double materiality standard, IEEFA warns
The European Commission's June 2023 proposal to regulate ESG rating activities does not explicitly uphold the principle of double materiality, a core pillar of the EU's broader sustainable finance fra…
- Climate & Nature
India Launches Global Biofuels Alliance at G20 Summit in New Delhi
India launched the Global Biofuels Alliance on the sidelines of the G20 Summit in New Delhi on September 9, 2023, uniting 19 countries and 12 international organizations to accelerate biofuels adoptio…
- Climate & Nature
Allianz Sets 2030 Net-Zero Operations Target With Interim Portfolio Goals
Allianz released its first comprehensive net-zero plan, targeting net-zero operations by 2030 and net-zero investment and P&C insurance portfolios by 2050, with detailed 2030 interim targets. The insu…
- Climate & Nature
Ingka Launches First Battery Storage Project in Texas
Ingka Investments, IKEA parent Ingka Group's investment arm, launched its first battery storage project, the 16.4 MW Cameron Storage in Texas, alongside its existing 165 MW Cameron Wind Farm. The move…
- Climate & Nature
Maersk and Amazon Expand Low-Emission Ocean Shipping Partnership
A.P. Moller-Maersk and Amazon agreed to transport 20,000 forty-foot equivalent containers in 2023-2024 using green biofuel under Maersk's ECO Delivery product, cutting an estimated 44,600 metric tons …
- Sustainable Finance
Boston Metal Raises $262 Million Series C for Green Steel Technology
Boston Metal closed a $262 million Series C round to scale its Molten Oxide Electrolysis platform for carbon-neutral steel and high-value metals production. The raise targets one of the hardest-to-aba…