A recent EY survey reveals that 85% of investors view greenwashing as a growing problem in ESG reporting. Despite increased use of ESG data, trust in its accuracy and impact remains low, prompting calls for better sustainability reporting.

Starting January 2024, Switzerland will require large companies to disclose their climate-related risks and net-zero emission plans. This move aims to enhance corporate transparency and align with global sustainability standards.

A recent PwC survey reveals that less than half of companies required to report under the EU's new Corporate Sustainability Reporting Directive (CSRD) are fully confident in meeting the new sustainability reporting requirements. This article explores the survey's findings, highlighting the challenges and preparations companies are making to comply with the CSRD.

The Biden administration has awarded over $100 billion in clean tech grants from the Inflation Reduction Act (IRA), securing funding for renewable energy projects and sustainability initiatives. This milestone comes as President-elect Donald Trump prepares to take office, with potential plans to rescind unspent IRA funds.

In today's rapidly changing world, sustainability is no longer optional for businesses. Embracing green initiatives can drive innovation and competitive advantage, ensuring long-term success.

Belgium has recently adopted the EU Corporate Sustainability Reporting Directive (CSRD), marking a pivotal moment for ESG (Environmental, Social, and Governance) transparency in the region. This directive is set to transform how companies report their sustainability efforts, ensuring greater accountability and transparency.

On November 8, 2024, European Commission President Ursula von der Leyen announced a groundbreaking initiative to consolidate various ESG reporting obligations into a single regulation. This move follows the Budapest Declaration, which emphasized the need for a "simplification revolution" to create a clear, simple, and smart regulatory framework in the EU.

Transitioning to sustainable food systems could lift 300 million people out of undernourishment and meet the nutritional needs of 1.6 billion more by 2070. Deloitte's report, Turning Point: Feeding the World Sustainably, highlights the economic and social benefits of transforming global food production to address climate change and food security.

Despite increasing awareness of climate risks, only 41% of global companies have published a climate transition plan, according to the 2024 EY Global Climate Action Barometer. This highlights a significant gap in corporate climate action, posing a threat to achieving global environmental goals.

The U.S. Securities and Exchange Commission (SEC) has fined Invesco $17.5 million for misleading claims about its ESG investments. This penalty highlights the importance of transparency and accuracy in ESG-related disclosures.

The latest LinkedIn report reveals a significant gap between the demand for green talent and the available supply. This disparity poses a challenge for the global transition to a sustainable economy.

China has passed its first-ever energy law, set to take effect on January 1, 2025, marking a significant step towards carbon neutrality by 2060. This comprehensive legislation addresses various aspects of energy management, aiming to ensure sustainable and secure energy growth.

The European Union achieved an impressive 8% reduction in greenhouse gas emissions in 2023, marking the largest annual drop in decades, second only to the COVID-19 pandemic year of 2020.

A recent EY survey reveals that over half of CFOs are concerned about greenwashing risks due to persistent sustainability data problems, highlighting the need for improved data quality and transparency.

A recent Bloomberg report discusses the critical need for decision-useful ESG data and the emerging standards designed to address data quality and coverage issues. This advancement is crucial for investors navigating the evolving landscape of sustainable finance.

A recent MSCI report reveals that European sustainability funds have surged to €8 trillion under the SFDR Article 8 and 9 rules, highlighting a significant shift towards sustainable investing in the region.

The Green Climate Fund has approved a massive $2.7 billion for climate projects across several countries, including Egypt. This funding aims to support sustainable development and combat climate change on a global scale.

Boston Consulting Group's (BCG) latest report reveals that 85% of investors plan to prioritize sustainability in the next three years, driving private equity firms to accelerate their net-zero efforts.

BSR’s recent report “The CSO at a Crossroads” highlights that 83% of Chief Sustainability Officers (CSOs) believe collaboration with other C-Suite leaders is crucial for driving ambitious sustainability goals. This teamwork is essential for aligning sustainability with core business functions.

Canada is taking a bold step towards sustainability by introducing mandatory climate disclosure requirements for large companies. This move aims to enhance transparency and drive the country's transition to a low-carbon economy.