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.
- Sustainable Finance
GTAG recommends clarifying 'do no significant harm' rules in UK Green Taxonomy
The Green Technical Advisory Group, led by the Green Finance Institute, released recommendations to reduce ambiguity in the 'do no significant harm' (DNSH) criteria within the UK Green Taxonomy. The w…
- ESG Movers
ANA signs deal for 10,000 tonnes annual direct-air-capture carbon removal
All Nippon Airways signed a purchase agreement with Houston-based 1PointFive to acquire 10,000 metric tonnes of carbon-removal credits annually for three years from 2025, generated by Direct Air Captu…
- Climate & Nature
US proposes federal rule mandating sustainable products toward net-zero procurement by 2050
The Biden-Harris Administration proposed a Sustainable Products and Services procurement rule directing federal buyers to choose sustainable, American-made products to the maximum extent feasible, tar…
- Climate & Nature
UK committee launches inquiry into private nature investment and greenwashing risks
The UK's Environmental Audit Committee launched an inquiry into how private investment can fund nature recovery and develop natural-capital markets while preventing greenwashing. The inquiry's focus o…
- Climate & Nature
Equilibrium Energy exits stealth with $33 million for grid-scale battery deployment
Equilibrium Energy, founded in 2021 by Tesla alum Ryan Hanley, emerged from stealth mode with $33 million in venture funding including from Bill Gates's Breakthrough Energy Ventures, to deploy grid-sc…
- Climate & Nature
Deloitte survey: most Gen Z and millennials dissatisfied with business societal impact
Deloitte's 2023 survey of 14,483 Gen Zs and 8,373 millennials across 44 countries found most respondents unsatisfied with businesses' societal impact while prioritising work-life balance, sustainabili…
- Standards & Frameworks
European Commission adopts ESRS sustainability reporting standards under CSRD
The European Commission adopted the European Sustainability Reporting Standards (ESRS) on July 31, 2023, for companies subject to the Corporate Sustainability Reporting Directive, with phased applicat…
- Climate & Nature
Bangladesh Can Add 3,400 MW Solar to Cut Peak Power Costs
Analysis by the Institute for Energy Economics and Financial Analysis shows Bangladesh can integrate 1,700 to 3,400 megawatts of solar capacity within its existing grid without infrastructure overhaul…
- Regulations
EU Adopts First Sustainability Reporting Standards Amid Materiality Concerns
The European Commission has adopted the first set of European Sustainability Reporting Standards, establishing mandatory climate and ESG disclosure requirements for large companies operating in the EU…
- Standards & Frameworks
Weekly ESG roundup covers ISSB taxonomy, record July heat, greenwashing actions
ESG Broadcast's weekly roundup compiled major developments including July 2023 being recorded as the hottest month ever, the ISSB consulting on a proposed digital taxonomy, IOSCO endorsing the ISSB's …
- Climate & Nature
Fervo Energy completes geothermal pilot test, launches 400-megawatt project for 2028
Fervo Energy completed a 30-day test at its Nevada commercial pilot plant, generating 3.5 megawatts using oil-and-gas drilling techniques, and launched a 400-megawatt geothermal project slated for 202…
- Sustainable Finance
ev.energy raises $33 million Series B for EV-grid integration software
EV managed-charging software company ev.energy secured $33 million in Series B funding led by National Grid Partners to expand vehicle-grid integration across North America and Europe, managing chargi…
- Climate & Nature
WMO and Copernicus confirm July 2023 as hottest month ever recorded
The World Meteorological Organization and the EU's Copernicus Climate Change Service reported that July 2023 was set to be the hottest month ever recorded, with global mean temperature temporarily exc…
- Climate & Nature
Bangladesh Power Crisis Exposes Cost of Fossil Fuel Dependence, Solar Can Help
Bangladesh experienced load shedding of up to 4,395 megawatts during evening peak demand following a sharp rise in international fossil fuel prices in mid-2022, just months after declaring 100% electr…
- Sustainable Finance
India Carbon Credit Trading Scheme Needs Clearer Operational Rules
India's Ministry of Power has notified the Carbon Credits Trading Scheme 2023, establishing a framework for domestic compliance and voluntary carbon markets. The notification falls short on critical o…
- Standards & Frameworks
ISSB consults on proposed IFRS Sustainability Disclosure Taxonomy until September 2023
The International Sustainability Standards Board released the Proposed IFRS Sustainability Disclosure Taxonomy for public comment during a 60-day period ending September 26, 2023, to enable digital ta…
- ESG Movers
United's Sustainable Flight Fund grows to nearly $200 million, adds partners
United Airlines' Sustainable Flight Fund, launched in February 2023, expanded its investment capacity to nearly $200 million and added eight corporate partners to support sustainable aviation fuel sta…
- Sustainable Finance
ICVCM Releases Full Global Benchmark for High-Integrity Carbon Credits
The Integrity Council for the Voluntary Carbon Market has published its complete Assessment Framework for carbon credits, setting criteria for evaluating credit categories and crediting methodologies …
- Climate & Nature
IBM launches AI-powered Cloud Carbon Calculator to track cloud emissions
IBM unveiled the IBM Cloud Carbon Calculator, an AI-informed dashboard developed with Intel to help enterprises track and manage greenhouse-gas emissions across cloud services. As Indian companies fac…
- Sustainable Finance
WTW survey finds 48% of boards lack skills to oversee climate risks
A WTW and Nasdaq Center for Board Excellence survey of 349 board members across 44 countries found 48% acknowledged their boards lacked the skills to oversee climate risks, prompting WTW's launch of i…
- Climate & Nature
European Council adopts Alternative Fuel Infrastructure Regulation for cleaner transport
The European Council formally adopted the Alternative Fuel Infrastructure Regulation (AFIR), requiring member states to build a continent-wide network of recharging and refuelling stations for alterna…
- Climate & Nature
EU adopts rules to cut energy consumption 11.7% by 2030
The European Council adopted new rules requiring the EU to reduce final energy consumption by 11.7% by 2030, capping final consumption at 763 million tonnes of oil equivalent. The directive's tighteni…
- Standards & Frameworks
GHG Protocol Releases Scope 2 Survey Summary After 400-Plus Responses
The Greenhouse Gas Protocol published a draft summary of feedback from its Scope 2 Guidance survey, which received over 400 responses between November 2022 and March 2023. The findings will inform a t…
- Climate & Nature
Bangladesh Must Modernise Grid and Limit Capacity Additions for Orderly Energy Transition
Bangladesh has spent more than Bangladeshi Taka 1,040 billion (US$9.46 billion) in capacity payments to power producers over 14 years yet faces persistent power challenges, with total installed capaci…