Sustainability and ESG News

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EU Commission Warns 17 Member States Over CSRD Implementation

The European Commission has issued warnings to 17 EU member states for failing to implement the Corporate Sustainability Reporting Directive (CSRD) by the July 2024 deadline. This directive aims to enhance transparency and accountability in corporate sustainability reporting across the EU.

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Ava Morisi Ava Morisi

IFRS Foundation releases guide for voluntarily applying ISSB Reporting Standards

The IFRS Foundation has taken a significant step in promoting sustainability reporting by launching a comprehensive guide for companies. This guide is designed to help businesses voluntarily adopt the International Sustainability Standards Board (ISSB) Sustainability Reporting Standards, ensuring they can meet the growing investor demand for transparent and comparable sustainability information.

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Data-Driven Sustainability: Capgemini and Sweep’s Insights

The “Sustainability in Action” report by Capgemini and Sweep highlights the critical role of data in driving sustainability efforts across various industries. It emphasizes the need for robust data management to meet regulatory demands and achieve sustainability goals.

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BCG Survey: AI-Powered Decarbonization

A new survey from Boston Consulting Group (BCG) highlights how companies worldwide are leveraging AI to significantly enhance their decarbonization efforts, resulting in substantial financial benefits. Despite these advancements, overall progress in emissions reduction has stalled, highlighting a complex landscape of opportunities and challenges.

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Ava Morisi Ava Morisi

Steering Sustainability Reporting: A Guide for European Boards from EY

A recent insight from EY outlines how European boards are navigating a monumental shift in corporate reporting due to the Corporate Sustainability Reporting Directive (CSRD). This directive offers a unique opportunity to align corporate strategy with sustainability goals, driving long-term value creation.

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COP16: A Catalyst for Change for Financial Institutions

COP16 is set to drive significant and lasting changes in the financial sector by prioritizing nature and biodiversity investments. The conference aims to engage the private sector in making permanent shifts towards sustainable finance.

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Climate Week NYC 2024: A Global Call to Action

Climate Week NYC 2024 is set to be the largest annual climate event, bringing together leaders from various sectors to drive meaningful climate action. With over 600 events planned, this week-long event aims to inspire and mobilize individuals and organizations worldwide.

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Biden-Harris Administration to Invest $50 million to Boost EV Manufacturing

The Biden-Harris Administration has announced a $50 million investment to support America’s auto communities and bolster domestic electric vehicle (EV) manufacturing. This initiative aims to help small- and medium-sized suppliers adapt to the evolving EV supply chain, ensuring the retention of good-paying, union jobs.

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Missouri Court Blocks Anti-ESG Rules

A Missouri Court has issued a permanent injunction against the state’s anti-ESG rules, marking a significant victory for proponents of ESG investing. The ruling highlights the ongoing legal battles surrounding ESG regulations and the implications for the financial industry.

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