
Sustainability and ESG News
Deloitte and IIF Report: Financial Sector’s Sustainability Surge
A recent report by Deloitte and the Institute of International Finance (IIF) reveals that 45% of financial firms now have a Chief Sustainability Officer (CSO), a significant increase from 15% in 2020. This shift underscores the growing importance of sustainability in the financial sector, though challenges in risk assessment and data quality remain.
BDO Survey: CFOs Double Down on Sustainability
A recent survey by BDO reveals that 77% of CFOs plan to maintain or increase their sustainability investments in 2025. This strategic focus on sustainability is expected to drive significant business growth, profitability, and resilience.
Simplifying Sustainability: The EU Omnibus Proposal
The European Commission's Omnibus Proposal aims to simplify sustainability regulations, potentially saving billions and boosting investment. This initiative could significantly impact businesses and the EU's sustainability goals.
KPMG Insights: The Role of AI in Enhancing Sustainability Efforts
A recent KPMG Study explores how Artificial Intelligence (AI) is revolutionizing the role of Chief Sustainability Officers (CSOs) by providing advanced tools to tackle environmental, social, and governance (ESG) challenges. This article explores how AI is being integrated into sustainability strategies to drive impactful change.
KPMG Study: Emerging Markets Embrace Green Investments
Emerging market companies are increasingly turning to sustainable finance to meet rising decarbonization targets. A recent KPMG study reveals that 51% of these firms are leveraging sustainable finance options to drive their environmental goals.
Corporate Resilience: Companies Maintain Climate Disclosures Amid Political Shifts
A recent study by Workiva Inc. reveals that 85% of companies plan to continue their climate disclosures despite political shifts. This commitment underscores the growing recognition of sustainability reporting as a strategic advantage.
Switzerland's Ambitious Climate Goals: A 65% Emissions Reduction by 2035
Switzerland has set a bold target to reduce its greenhouse gas (GHG) emissions by 65% by 2035, compared to 1990 levels. This ambitious goal aligns with the Paris Agreement and aims to significantly mitigate climate change impacts.
Datamaran Survey: Strengthening ESG Oversight
A recent survey by Datamaran reveals that 71% of companies have enhanced their board oversight of Environmental, Social, and Governance (ESG) issues under the Corporate Sustainability Reporting Directive (CSRD). This shift signifies a growing commitment to integrating sustainability into corporate governance.
New Zealand's Bold Climate Commitment: Aiming for 51-55% Emission Cuts by 2035
New Zealand has set an ambitious target to reduce its greenhouse gas emissions by 51-55% below 2005 levels by 2035. This commitment aligns with the Paris Agreement and aims to position New Zealand as a leader in global climate action.
The ESG-Profitability Connection: A New Era for Sustainable Business
A recent study by the Center for Sustainability and Excellence (CSE) reveals a striking 92% correlation between high ESG performance and profitability among top companies in the US and Canada. This finding underscores the growing importance of sustainability in driving corporate success.
The European Commission's Competitiveness Compass: A Strategic Framework for Sustainable Growth
The European Commission has unveiled the Competitiveness Compass, a strategic initiative aimed at enhancing the EU's economic resilience and sustainability. This framework outlines key priorities and actions to drive competitiveness while addressing environmental, social, and governance (ESG) challenges.
Milestone for the Science Based Targets Initiative
The Science Based Targets initiative (SBTi) has reached a significant milestone with over 10,000 businesses committing to sustainability goals. This achievement highlights the growing recognition of the importance of climate action for long-term business success.
Navigating a Fractured World: Key Insights from the Global Risks Report 2025
The World Economic Forum's Global Risks Report 2025 highlights an increasingly fractured global landscape, with escalating geopolitical, environmental, societal, and technological challenges. This report, based on insights from over 900 experts, aims to support decision-makers in balancing current crises and longer-term priorities.
24 U.S. States Commit to Paris Agreement Goals
In a significant move for climate action, 24 U.S. states have reaffirmed their commitment to the Paris Agreement goals despite the federal government's withdrawal. This collective effort underscores the importance of state-level initiatives in combating climate change.
Deloitte Insights: The Rise of Sustainable Consumption
Sustainable consumption is becoming a key focus for consumers worldwide, driven by increasing awareness of climate change. Deloitte's latest research highlights how this trend is influencing behaviors across various aspects of life, from purchasing decisions to workplace expectations.
S&P Global Insights: 2025 ESG Trends
The year 2025 is set to be pivotal for ESG (Environmental, Social, and Governance) trends, with significant developments expected across various sectors. This article highlights the top trends that will shape the ESG landscape, offering insights into the challenges and opportunities ahead.
Australia’s Green Aluminum Initiative
Australia is set to boost its green aluminum industry with a $1.2 billion credit plan. This initiative aims to reduce carbon emissions and promote sustainable practices in the aluminum sector.
EBA's New Guidelines: A Step Forward in Managing ESG Risks for Banks
The European Banking Authority (EBA) has released comprehensive guidelines for banks to manage Environmental, Social, and Governance (ESG) risks. These guidelines aim to ensure the financial stability of institutions as the EU transitions towards a sustainable economy.
EU Sustainable Finance Platform Proposes Taxonomy Enhancements
The EU Platform on Sustainable Finance has proposed updates to the EU Taxonomy to simplify and expand its scope. These changes aim to enhance the usability and effectiveness of the classification system for sustainable economic activities.
Navigating ESG in 2025: Latham & Watkins LLP’s Key Insights for the Year Ahead
In 2025, the ESG landscape is set to evolve significantly, driven by new regulations, technological advancements, and geopolitical shifts. Companies must stay agile and informed to navigate these changes effectively. Latham and Watkins provides their insights for navigating this in the upcoming year.