Businesses that enforce an internal carbon pricing in all business decisions are 4.1 times more likely to have a transition strategy that aligns with the 1.5°C objective and the Scope 3 target (upstream). Businesses with climate-responsible boards are 4.8 times more likely to have transition… Read More »Companies with Boards Committed to Climate Change Are 4.8 Times More Likely to Meet Scope 3 Targets for a 1.5°C Transition: CDP Report

Green innovation comprises all types of innovations that contribute to the creation of key products, services, or processes to reduce the harm, impact, and deterioration of the environment at the same time that optimizes the use of natural resources. There was a time when used… Read More »Recycled Plastic Bottles to Fabric: Green Innovation

In May, 2024, the Indonesian Ministry of Environment and Forestry promulgated Regulation of the Minister of Environment and Forestry No. 7/2024 on Procedures for Issuing Recommendations for Import Permits of Ozone Depleting Substances and Hydrofluorocarbons, which became effective on the date of promulgation. This Regulation… Read More »Indonesia promulgates regulation on import of ODS and HFCs

Summary Under the Sustainable Finance Disclosure Regulation (SFDR), the European Supervisory Authorities (ESAs) have suggested new categories for financial products in an effort to combat greenwashing and provide investors with more information. In addition to improving consumer protection, the suggested categories “Sustainable” and “Transition” are… Read More »ESAs Propose New SFDR Categories to Combat Greenwashing and Enhance Investor Clarity

To supplement the European Green Deal, leading business groupings have united to advocate for a new Industrial Deal. The needs to attain climate neutrality, improve industrial competitiveness, and safeguard Europe’s energy future are emphasized by this program. It appears in light of the lofty goals… Read More »Industry Leaders Urge Green Deal and Integrated Industrial Strategy to Protect Europe’s Future

The Government of Australia’s Treasury department announced today the release of its Sustainable Finance Roadmap, outlining its plans to develop and reform financial markets to support the mobilization of private capital needed to finance the transition to a net zero economy, with key priorities including… Read More »Australia Launches Plans for Mandatory Climate Reporting, Taxonomy, Sustainable Investment Labels