Europe faces escalating climate risks, with extreme weather events tripling over four decades. Only 25% of climate-related losses in Europe are insured, widening the protection gap. Public-private partnerships and innovative insurance models are key to enhancing resilience. Europe’s climate is changing fast, bringing extreme weather… Read More »Europe Faces Rising Climate Risks: Only 25% of Losses Insured Amid Escalating Extreme Weather

The Treasury Laws Amendment bill, which would mandate large and medium-sized companies to report on climate-related risks and opportunities as well as greenhouse gas emissions across the value chain, was passed by the Australian House of Representatives today. The largest companies would be required to… Read More »Australia Enacts Law to Start Requiring Climate Reports in 2025

Focused on Sustainability: SEB launches a global fund investing solely in sustainable companies, classified as Article 9 under EU regulations. Lower Carbon Intensity: The fund’s carbon intensity is about 50% lower than its benchmark, emphasizing its commitment to reducing greenhouse gas emissions. Diverse Investment Strategy:… Read More »SEB Launches New Fund with 50% Lower Carbon Intensity to Drive Sustainable Investments

On Aug. 14, 2024, China’s Maritime Safety Administration issued a “List of Hazardous Materials Banned from or Restricted in Use on Chinese-flagged Seagoing Ships.” It specifies control measures for the regulated materials. In the list, “Chinese-flagged seagoing ships” refer to Chinese-flagged seagoing ships operating either… Read More »China issues list of hazardous materials banned from or restricted in use on Chinese-flagged seagoing ships

The United States Environmental Protection Agency (EPA) issued a historic emergency order on August 6, 2024, outlawing the herbicide DCPA, popularly known as Dacthal, across the country. Aiming to address issues with human health, agriculture, and the chemical industry, this historic move—the first in almost… Read More »U.S. EPA Issues Order Banning DCPA Immediately Nationwide

Required Action: By 2030, there must be no new fossil fuel installations and a 50% decrease in emissions. Extensive Coverage: The framework takes into account emissions that are both embodied and operational. Professional Cooperation: created in collaboration with business leaders, guaranteeing a realistic strategy to… Read More »SBTi Unveils New Framework to Help the Building Sector Become Net-Zero by 2030

An update to the rules governing the categorization and disclosure of chemical hazards has been released by Chinese officials. The eighth updated version of the United Nations’ “Globally Harmonized System of Classification and Labelling of Chemicals” (GHS) is technically compliant with this document (GHS 8).… Read More »China has published the General Specifications, Part I of the GB30000.1-2024 Classification and Labeling of Chemicals

Rapid Growth: India’s bioeconomy grew from $10 billion in 2014 to over $130 billion in 2024, projected to reach $300 billion by 2030. Sustainable Shift: The new BioE3 policy aims to transition from chemical-based industries to sustainable bio-based models, promoting net-zero emissions. Massive Investment Needs:… Read More »India’s Bioeconomy to Triple to $300 Billion by 2030 Under New BioE3 Policy for Sustainable Growth