ExxonMobil is set to expand its chemical recycling operations in North America with a significant investment of over $200 million in its facilities in Baytown and Beaumont, Texas. This expansion is part of the global petrochemical giant’s broader strategy to enhance its sustainability efforts and meet its ambitious recycling goals. The expansion, which is expected […]
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In a recent development and as the global food industry grapples with escalating operational costs, labor shortages, and stricter sustainability mandates, food processors worldwide are reassessing their cold chain logistics strategies. The latest insights, based on the October 2024 report from Rabobank, titled “Do It or Buy It? Global Food Processors Rethink Logistics Outsourcing Strategies,” […]
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On August 30, 2024, the Ministry of Trade, Industry, and Energy (MOTIE) of South Korea announced revisions to the Enforcement Order of the Energy Use Rationalization Act, with the updated regulations set to take effect on September 1, 2024. These revisions modify the surcharge imposition timeline for automakers that fail to meet required fuel efficiency […]
Continue ReadingJane Whitfiled of Elite Law discusses the implications for charitieis in resppect of transparency and ESG Why Transparency Matters In an age where accountability is not just expected but demanded, transparency has become the cornerstone of responsible governance. This is particularly true for charities, whose purposes depend on public trust. Environmental, Social, and Governance (ESG) […]
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In a dramatic and unexpected turn of events, world leaders at the United Nations Climate Change Conference (COP29) in Azerbaijan reached an agreement on a landmark climate finance deal, where developed nations committed to contributing $300 billion annually to help developing countries combat and adapt to the devastating effects of climate change. This deal, which […]
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In a major development for the global sustainable finance landscape, the Council of the European Union has approved a groundbreaking regulation aimed at improving the transparency, consistency, and reliability of Environmental, Social, and Governance (ESG) ratings, the rules was enacted in the week ending 22/11/2024. The new rules are designed to bolster investor confidence in […]
Continue ReadingThe Journal of Ecology Editors are delighted to announce that Fernando Maestre is our Eminent Ecologist award winner for 2024! In recognition of his work, we asked Fernando to put together a virtual issue of some of his favourite contributions to the journal. Fernando has also written this blog series, and was interviewed by Richard Bardgett about about how he started his career in ecology, […]
Continue ReadingThe European Union has today released its first Biennial Transparency Report (BTR) at COP29, ahead of the end of year deadline. The submission of BTRs is a significant milestone in the implementation of the Paris Agreement, which marks the beginning of a new era of accountability and collaboration in the global fight against climate change, […]
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Iberdrola has successfully placed an €800 million hybrid green bond, receiving overwhelming interest with demand 3.75 times oversubscribed, totaling more than €3 billion from over 200 international investors. The bond, which offers a competitive 4.25% coupon, marks the company’s most attractive hybrid issuance in the past three years, reflecting a strong market reception and investor […]
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COP29, the 2023 UN Climate Conference, has unveiled a draft proposal aiming to secure $250 billion annually in climate finance by 2035 from developed nations. This target, known as the New Collective Quantified Goal (NCQG), marks a significant increase from the $100 billion target established in 2009. However, the proposal has faced sharp criticism from […]
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