MAS, or the Monetary Authority of Singapore, is taking significant steps to encourage financial institutions to prioritize decarbonization efforts. In order to achieve this, MAS plans to establish clear supervisory expectations for credible decarbonization efforts by financial institutions. This will help ensure that these institutions are actively working towards reducing their carbon footprint and supporting […]

The Massachusetts Community Climate Bank has received $50 million from the Department of Environmental Protection, making it the nation’s first green bank for affordable housing. The funds, which come from both private and federal sources, will increase the bank’s capital base and allow for lending to more developers looking to finance climate-friendly housing. The green […]

Climate Impact X, a technology company focused on reducing carbon emissions, has launched a new trading platform for voluntary carbon credits. The platform, called CIX Exchange, aims to bring greater transparency, certainty, and liquidity to the carbon market. CIX Exchange is designed to provide a platform for companies to offset their carbon emissions by purchasing […]

Toyota, the world’s second-largest automaker, has recently made headlines for its commitment to environmental sustainability. The company has responded to two shareholder proposals calling for greater transparency and accountability on climate-related issues. In both cases, Institutional Shareholder Services (ISS), a leading proxy advisory firm, has recommended that shareholders vote in favor of the proposals at […]

Climate change is one of the biggest challenges facing the world today, and it is important that businesses take action to reduce their carbon footprint and mitigate the effects of climate change. One company that is leading the way in this regard is Klarna, a Swedish fintech company that is committed to sustainability. Recently, Klarna […]

As the effects of climate change continue to be felt around the world, financial institutions and central banks are recognizing the crucial roles they must play in addressing this global challenge. In the Asia-Pacific region, financial institutions have a unique opportunity to shift investments towards low-carbon and climate-resilient projects through sustainable finance. Sustainable finance refers […]

Boeing, one of the world’s largest aerospace companies, has announced the launch of a new tool named Cascade. The tool will be used to evaluate the environmental impact of its aircraft and operations by collecting data from various sources. With the help of Cascade, Boeing aims to identify areas where it can improve its environmental […]

The impact of climate change is undeniable, and scientists worldwide are working tirelessly to develop innovative solutions to mitigate its effects. The University of California, Los Angeles (UCLA) has recently proposed a new method for storing carbon dioxide, which could have significant implications for addressing climate change. The process involves acidifying ocean waters to stimulate […]

As climate change continues to threaten our planet, businesses and consumers alike are looking for sustainable alternatives to traditional packaging materials. Stora Enso, a leading provider of renewable solutions in packaging, is at the forefront of this effort, focusing on reducing climate impact by using renewable and recyclable materials like fiber-based materials in packaging solutions. […]

Plant-based milk brand Oatly is taking on the dairy industry with a bold challenge. In an effort to raise awareness of the dairy industry’s significant contribution to climate change, Oatly has offered to give free advertising space to any dairy company willing to reveal its carbon footprint. The move is part of Oatly’s ongoing efforts […]