Svante Acquires Carbon Removal Supplier Carbon Alpha
Svante announced the acquisition of Carbon Alpha, a developer of bioenergy with carbon capture and storage (BECCS) projects, to become a fully integrated carbon‑management provider. The deal adds the North Star BECCS Project, which aims to capture up to 140,000 tonnes of CO₂ annually at the Meadow Lake Tribal Council Bioenergy Centre, to Svante’s portfolio. By combining Svante’s capture hardware with Carbon Alpha’s project development expertise, the company expands its ability to deliver high‑integrity carbon removal credits. The partnership also creates a co‑ownership model with indigenous stakeholders, enhancing credibility and scale.
Korea Plans Mandatory Sustainability Reporting Beginning in 2028
South Korea’s Financial Services Commission unveiled a draft roadmap that will make sustainability reporting mandatory for large listed firms starting in 2028, using 2027 data. The new standards align closely with the IFRS Foundation’s ISSB IFRS S1 and S2 requirements, covering...
XeleratedFifty Acquires Carbon Management Platform Terrascope
XeleratedFifty announced the acquisition of Singapore‑based carbon management platform Terrascope, an AI‑driven solution for measuring Scope 1‑3 emissions in agriculture, commodities and food & beverage. Terrascope will accelerate AI analytics, regulatory compliance tools for EU CBAM and the GHG Land Standard,...
Upright Launches New ESG Due Diligence Solution for Investors
Upright unveiled an AI‑driven ESG due‑diligence platform that generates sustainability assessments from a company’s website URL. The solution expands analysis beyond disclosed data to include value‑chain risks, supply‑chain dependencies, and end‑use market exposure. It supports multiple reporting frameworks such as...
California Sets August 2026 Deadline for First Corporate Climate Reports
The California Air Resources Board approved the Greenhouse Gas Reporting and Climate Financial Risk Disclosure Initial Regulation, setting an August 10, 2026 deadline for the first‑year corporate emissions filing. SB 253 obliges companies with more than $1 billion in revenue to report Scope 1 and 2...
Standard Chartered Earns Over $1 Billion in Sustainable Finance Income
Standard Chartered reported $1.07 billion in sustainable finance income for 2025, a 9% increase year‑over‑year and surpassing its $1 billion target. The Banking division contributed $610 million, growing 11%, while Transaction Services and Markets added $340 million and $117 million respectively. The bank also achieved...
Digital Product Passports Are Coming, and 2026 Is When the Real Work Begins
Digital Product Passports (DPPs) are moving from concept to regulatory requirement, with the EU mandating them for textiles by 2029. The 2026 window is critical for brands to build the digital infrastructure needed to capture, validate, and share product‑level data....
LEGO Group Invests in Nature and Technology-Based Carbon Removal Projects
The LEGO Group is committing an additional DKK 18 million (≈US$18 million) to four carbon‑removal projects, expanding its portfolio of nature‑based and technology‑based solutions. The investments include restoring over 14,000 hectares of degraded tropical forest in Mexico and three tech projects—biomass geological storage, mineralization...
Crédit Agricole Appoints Quentin Guerineau as Chief Sustainability and Impact Officer
Crédit Agricole has appointed former French cabinet minister Quentin Guerineau as its Chief Sustainability and Impact Officer, succeeding Eric Campos. Guerineau joins the bank’s Management Committee and will report to Gregory Erphelin, head of the newly formed Transformation, Human Resources...
Why Supply Chain Inefficiency Is the Ultimate ESG Failure
The article argues that supply‑chain inefficiency is the greatest ESG shortfall, with roughly $3 trillion of fast‑moving consumer goods wasted each year due to blind, push‑based logistics. Manufacturers lack real‑time visibility beyond the factory gate, leading to overproduction, excess inventory, and...
Mars Signs One of Its Largest Renewable Energy Purchase Deals in Europe
Mars announced a power purchase agreement with Foresight Energy Infrastructure Partners for 70% of the output from the newly commissioned 277 MW Kölvallen wind farm in Sweden, delivering roughly 670 GWh of clean electricity each year. The deal marks the confectioner’s second...
EU States Give Final Approval to Omnibus Package to Cut Sustainability Reporting and Due Diligence Requirements
The European Council gave final approval to the Omnibus I simplification package, dramatically scaling back the EU's corporate sustainability reporting and due‑diligence rules. The agreement retains a 1,000‑employee threshold for the CSRD but adds a €450 million revenue floor, cutting roughly...
Microsoft Signs 1.8 Million Ton Carbon Removal Deal to Restore African Rainforest
Microsoft has signed a 15‑year agreement with Sierra Leone‑based Rainforest Builder to purchase up to 1.8 million carbon removal credits. The credits will be generated by Project Buffalo, a large‑scale reforestation effort that aims to plant over 10 million trees across 15,000...
Nike Sources 100% Clean Electricity for Japan Operations
Nike Japan has secured a virtual power purchase agreement with Mitsui & Co. that delivers renewable energy certificates from 16 domestic solar farms, covering 100 % of the retailer’s electricity consumption across stores, distribution centers, and offices. The deal incorporates 3 MW...
Bentley Commits to Use 100% Sustainable Aviation Fuel for Car Airfreight
Bentley Motors announced it will use 100 % sustainable aviation fuel (SAF) for every customer car air‑freight shipment worldwide, effective immediately. The move is part of the brand’s “Beyond100+” sustainability programme, which targets full carbon‑neutrality by 2030 and a shift to...