Archive

Upright launches AI-powered impact assessment tool

An impact data specialist has launched what it believes to be the world's first real-time tool to help companies carry out double materiality assessments (DMA) under the EU's Corporate Sustainability Reporting Directive (CSRD).

Proposed Article 6.4 standard 'risks collapsing market for nature-based solutions'

A group of carbon market developers has raised "serious concerns" about a draft 'permanence' standard for the Article 6.4 market, alleging that it puts a nature-based solutions market at risk of collapse "before it begins".

ECB urged to use 2025 policy review to 'green' its asset purchases

Article 6 formalised: charting the future of carbon finance

The formalisation of Article 6 is a significant milestone, but it is just the beginning, writes Ayse Frey

COP29: Global emissions reach record high in 2024, and time almost up for 1.5°C

There is still no sign that the world has reached a peak in fossil fuel carbon emissions, as emissions reached record levels in 2024, according to the latest Global Carbon Budget report, which warned that time has almost run out to hit the Paris Agreement's 1.5°C target.

ESG private credit reporting project aims to bolster SFDR alignment

The ESG Integrated Disclosure Project (ESG IDP) has welcomed the "positive reaction" from loan market participants to its template for private credit sustainability reporting, as it looks to bolster alignment with the EU SFDR.

Zurich follows Munich Re in withdrawing from the NZIA

Zurich has become the second founding member to withdraw from the Net-Zero Insurance Alliance (NZIA) only days after Munich Re's departure from the alliance.

'Massive' uptick in carbon capture investment is coming, UK advisor says

There is likely to be a significant rise in investment in projects to 'capture' and store carbon dioxide emissions from industry in coming years, but this will rely on significant government support to 'de-risk' private investment, an advisor to the UK Government has said.

Natural capital accounting report published

Court orders UK to publish more detailed 'net zero' strategy

The UK High Court has ordered the UK government to provide a "fresh" report on its 2050 'net zero' strategy, in a 'landmark' ruling which judged not enough information was provided to ascertain whether interim targets would be met.