Mercedes-Benz Makes Record Sustainable Aviation Fuel Purchase to Cut Emissions
Mercedes-Benz has taken a major step in decarbonizing its logistics operations by completing the largest single-volume purchase of Sustainable Aviation Fuel (SAF) in the automotive sector. The deal, made through logistics partner DB Schenker, involves...
Sarasin & Partners Divests from Equinor Over Climate Strategy Backslide
Sarasin & Partners has fully divested its holdings in Norwegian energy firm Equinor, citing a failure to align with the climate targets outlined in the Paris Agreement. Once seen as a potential leader in the...
Germany Approves €500 Billion Fund with €100 Billion for Climate Transition
Germany’s parliament has passed a landmark €500 billion infrastructure and defense fund, dedicating €100 billion to climate and energy transition projects. The funding represents one of the largest climate-focused financial packages in German history and...
CDP and EFRAG Unveil Mapping to Streamline Climate Disclosure Reporting
CDP, the global platform for environmental disclosure, and the European Financial Reporting Advisory Group (EFRAG) have released a new mapping that illustrates strong alignment between CDP’s climate-related question bank and the European Sustainability Reporting Standard...
Puro.earth Surpasses One Million Carbon Removal Certificates Issued
Carbon removal platform Puro.earth has reached a major milestone with the issuance of over one million CO₂ Removal Certificates (CORCs), each representing one tonne of verified carbon dioxide removed from the atmosphere. The achievement highlights the...
IFAC Mandates Sustainability Training for Professional Accountants
The International Federation of Accountants (IFAC) has introduced significant revisions to the International Education Standards (IESs), making sustainability competencies a mandatory component of professional accountants’ training. The updates establish a global benchmark for sustainability reporting...
Sunwoda Invests $1 Billion in Thailand’s EV Battery Manufacturing Expansion
Thailand’s electric vehicle (EV) supply chain is set for a major boost as China’s Sunwoda Electronic secures approval to invest over $1 billion in EV battery cell and energy storage system (ESS) production. The investment,...
LEGO Advances Sustainability Goals with 50% Sustainably Sourced Materials
LEGO Group has made significant strides toward its sustainability objectives, with half of the materials used for its bricks in 2024 sourced from sustainable options. This marks a substantial increase from just 18% in 2023,...