Category: CSR/ECO/ESG

Shenzhen, a major city in southern China, has reached a significant milestone in the global transition to clean energy. As of October 18, 2024, the city has installed 671 supercharging stations for new energy vehicles (NEVs), officially surpassing the number of traditional gas stations. This achievement highlights Shenzhen’s growing commitment to sustainability and its position […]

The U.S. Department of Energy (DOE) has awarded a historic $9.63 billion loan to BlueOval SK LLC (BOSK) to fund the construction of three electric vehicle (EV) battery manufacturing plants in Tennessee and Kentucky. This project, which will play a key role in supplying batteries for Ford Motor Company’s electric vehicle lineup, marks a significant […]

The European Union has unveiled a set of groundbreaking regulations aimed at significantly reducing packaging waste and enhancing sustainability across the continent. By 2030, all packaging in the EU will be required to be 100% recyclable, marking a pivotal shift toward a circular economy. The new rules, which were finalized this week, focus on reducing […]

A catastrophic incident in the Black Sea has led to the sinking of two Russian oil tankers, triggering a significant oil spill emergency and sparking fears of severe environmental damage. The ships, Volgoneft 212 and Volgoneft 239, were caught in a violent storm near the Kirch Strait, a key waterway linking the Black Sea with […]

Invesco Ltd. has made a significant move in the growing sustainable investment space with the launch of the Invesco MSCI North America Climate ETF (KLMN). The ETF, which debuted on the New York Stock Exchange, has raised a record $2.4 billion, primarily from Varma, Finland’s leading pension insurer. This funding marks the largest-ever initial investment […]

The UK government has launched an ambitious Clean Power Action Plan, designed to achieve energy independence by 2030 and address climate change. This sweeping initiative, which Energy Secretary Ed Miliband calls the “most ambitious energy system reforms in a generation,” seeks to overhaul the UK’s energy infrastructure with a focus on renewables and nuclear power, […]

In a significant move to accelerate its climate action, Canada has unveiled an ambitious target to reduce greenhouse gas (GHG) emissions by 45-50% below 2005 levels by 2035. This new goal underscores Canada’s commitment to achieving net-zero emissions by 2050 and positions the country as a key player in the global effort to combat climate […]

Recent developments in the United Kingdom’s energy strategy have sparked significant controversy, particularly among the country’s farming community. As the UK government pushes forward with ambitious plans to bolster renewable energy production, the agricultural sector has raised concerns over the use of farming land for large-scale solar farm installations. Farmers are increasingly vocal about the […]