Operations & Finance Google buys stake in Taiwan solar firm to offset regional emissions Google has purchased a stake in a BlackRock-backed solar firm amid cries that the AI boom is worsening Big Tech's carbon footprint. Olivia Peluso 01 July 2024
People & Culture Incoming Mexican president taps renewables expert as secretary of energy Mexico’s incoming President Claudia Sheinbaum has appointed Luz Elena González, an expert in sustainable development, as the next secretary of energy. Olivia Peluso 28 June 2024
Decarbonisation Report: Global carbon removal credit industry could reach $100bn The global market for carbon dioxide removal credits could reach up to $100 billion a year between 2030 and 2035 if barriers to the industry’s growth are addressed. Olivia Peluso 28 June 2024
Operations & Finance Europe's largest renewables producer scales back wind and solar Europe’s largest renewable energy producer becomes the latest company to scale back its clean energy expansion targets. Olivia Peluso 28 June 2024
Climate litigation German court cracks down on greenwashing Thursday's ruling is the latest attempt by European regulators to crack down on greenwashing tactics as companies seek to woo the eco-conscious consumer. Olivia Peluso 27 June 2024
CSO Futures Weekly CSO Futures Weekly: Governments asked to step up, while some businesses push back Courts and countries are backing biodiversity around the world, while the EU faces pressure from businesses on both sides as it smooths out its climate targets. Olivia Peluso 27 June 2024
Operations & Finance Lufthansa Group adds fee to cover EU sustainability regulations The Lufthansa Group is introducing an environmental surcharge to all flights departing from the EU, the UK, Norway, and Switzerland, saying it could not bear the additional costs generated from soon-to-be enacted sustainability regulations. Olivia Peluso 26 June 2024
Policy & Standards Nigeria to ban single-use plastics from 2025 Nigeria announced a ban on single-use plastics in government offices as the first step in a nationwide ban set to begin in January. Olivia Peluso 26 June 2024
Operations & Finance Survey: Employees lack trust, guidance with sustainability in workplace Most employees are both unhappy with their employer's lack of climate action and don't know how to incorporate sustainability into their own roles, the survey found. Olivia Peluso 25 June 2024
Policy & Standards ECB sets stricter climate targets for portfolio The European Central Bank said it would introduce greenhouse gas emissions reduction targets for its corporate bond portfolio and may even sell some assets if it fails to meet its goals. Olivia Peluso 25 June 2024