Report
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IKEA’s Ingka Invests in Chinese Plastic Recycler Re-mall
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Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, announced a growth capital injection in China-based recycler of post-consumer packaging waste Re-mall. The investment marks Ingka…
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23 State Coalition Warns SBTi, Financial Firms Over Antitrust Risk from Net Zero Commitments
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A group of 23 U.S. State Attorneys General*, led by Iowa AG Brenna Bird, published a letter sent to the Science Based Targets initiative (SBTi), demanding information about the…
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Only 38% of Employees Believe Companies are Doing Enough on Climate Change, Sustainability: Deloitte Survey
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The proportion of employees who believe that their employers are doing enough to address climate change and sustainability has dropped to around 38% over the past few years, according…
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Watershed, Stanford Take Over Key Emissions Database After EPA Stops Updating it
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Climate solutions provider Watershed announced the launch of “Cornerstone,” a new initiative in partnership with Stanford University’s Stanford Sustainable Solutions Lab, aimed at maintaining and expanding access to key…
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EBA Instructs Regulators to Hold off on Enforcement of ESG Disclosure Requirements for Banks
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EU banking supervisor The European Banking Authority (EBA) announced the publication of a no action letter, recommending that regulators not prioritize the enforcement of new ESG Pillar 3 disclosure…
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ICJ Opinion Opens the Door for Climate Change Lawsuits Against Developed Nations
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The International Court of Justice (ICJ), the UN’s principal judicial body, announced the release of its Advisory Opinion on the Obligations of States in respect of Climate Change, indicating…
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Clean Fuel Startup Amogy Raises $80 Million to Decarbonize Shipping, Power Generation
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Clean fuel tech startup Amogy announced that it has raised an additional $23 million in venture financing, expanding its funding round announced earlier this year to $80 million. Founded…
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EU Ombudsman Presses Commission Over Lack of Procedures in Launching Omnibus Proposal to Scale Back Sustainability Requirements
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EU Ombudsman Teresa Anjinho announced that she has asked the European Commission to provide explanations regarding its failure to follow a series of procedural steps to launch its “Omnibus”…
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GRI Releases Proposed Sustainability Reporting Standard for Textile and Apparel Sectors
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The Global Reporting Initiative (GRI) announced today the release of the Textiles and Apparel Sector Standard exposure draft, aimed at enabling companies operating in the textile, apparel, footwear and…
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Unblock Raises $13.5 Million to Convert Wasted Energy into Computing Power
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Energy infrastructure startup Unblock has raised $13.5 million in a funding round, with proceeds to be used to expand its efforts to convert wasted energy into computing power across…