Impact News

The LEGO Group revealed significant progress in its efforts to increase the use of sustainable materials in its products, announcing that its LEGO bricks in 2024 consisted of an estimated 33% material from renewable sources, nearly tripling year-over-year. The new data was released with LEGO Group’s 2024 Sustainability Statement, outlining the company’s progress towards its […]

Google announced the launch of its new Carbon Footprint for Google Advertising reports, aimed at enabling advertisers to measure and manage the carbon emissions of their advertising activities.

The UK Government’s Department for Transport announced the launch of a new consultation on an initiative aimed at supporting producers of sustainable aviation fuel (SAF) through the establishment of a “revenue certainty mechanism” (RCM) to be funded by jet-fuel suppliers.

This week in ESG news: Wells Fargo drops net zero goals; Japan releases first sustainability reporting standards; Microsoft signs 30-year carbon removal deal; EU gives automakers more flexibility on emissions rules; Standard Chartered to engage with high-emission clients; SMBC exits net zero banking group; Mars introduces new sustainable packaging; U.S. rejects UN Sustainable Development Goals; […]

Key takeaways from the research include: Physical risks have tangible impacts on real assets. Under a medium-high climate change scenario (SSP3-7.0), the projected cumulative exposure to climate physical risks could reach US$559bn, or 28% of the total real estate asset value of the index, by 2050. Regardless of the climate scenario used, the warming that […]

Liverpool Football Club (LFC) and 1PointFive, the Direct Air Capture (DAC)-focused subsidiary of energy giant Occidental (Oxy) announced a new collaboration to launch products for the team’s fans that have had their carbon footprint addresses through the purchase of DAC-based carbon credits. According to LFC, the new collaboration marks a significant step towards its efforts […]

Delta Air Lines and sustainable aircraft developer JetZero announced the launch of a new partnership to design new blended-wing aircraft that are up to 50% more fuel efficient than current commercial jets. Founded in 2021, California-based JetZero is designing a plane that integrates the wings and fuselage into a single smooth shape, reducing aerodynamic drag, […]

Microsoft, carbon markets solutions provider Climate Impact Partners, and climate-focused project finance business Terra Natural Capital announced today a new finance and carbon removal purchase agreement, aimed at supporting the development of a large-scale afforestation project in India. As part of the agreement, Microsoft will will purchase 1.5 million tonnes of verified carbon removal credits […]