ESG News

EU member states in the European Council announced today that they have adopted a series of new rules aimed at significantly reducing packaging waste in the EU, including a goal requiring all packaging placed on the market to be recyclable by 2030. The approval by the Council marks the last major legislative step in the […]

Boston Consulting Group (BCG) announced that it has purchased 50,250 tonnes of certified carbon dioxide removals (CDRs) through CDR portfolio manager ClimeFi, to be delivered over the next two years, and spanning a broad set of carbon removal technologies. The agreement marks the second largest CDR purchase to date for BCG, following the company’s commitment […]

The Government of Canada announced a new climate goal, setting a target to reduce greenhouse gas (GHG) emissions by 45% to 50% by 2035, on a 2005 basis. While the government described the new goal as “the next step” in achieving its net zero by 2050, the target would represent only a minor reduction compared […]

The California Air Resources Board (CARB), the regulator charged with developing and enforcing new regulations requiring large companies to disclose their value chain emissions and report on climate-related financial risks, announced that it will ease emissions reporting requirements and not pursue enforcement action in the first year of reporting, in order to give companies more […]

Chrysler, Dodge, Jeep, and Citroen parent Stellantis and China-based energy solutions company CATL announced the launch of a new joint venture, with an agreement to invest up to €4.1 billion (USD$4.3 billion) aimed at building a large-scale EV battery plant in Spain.

The Hong Kong government announced the release of its Roadmap on Sustainability Disclosure in Hong Kong, outlining the details of its plans to implement sustainability reporting requirements for companies, with a view to introducing reporting based on the IFRS Foundation’s ISSB standards for some listed companies on a comply-or explain basis next year, and with […]