Climeworks Is Cutting 22% of Staff as US Climate Backlash Hits Carbon Removal May 22, 2025 By Akshat Rathi and Coco Liu Climeworks AG is laying off 106 people, as startups that aim to reverse global warming face a reckoning with the...
EnergyAustralia Apologizes to Customers After Greenwashing Case May 19, 2025 By Keira Wright CLP Holdings Ltd.’s EnergyAustralia — one of the nation’s “big three” energy companies — apologized to customers for the marketing...
EU Plan to Water Down ESG Rules Risks Wave of Litigation, Legal Scholars Warn May 9, 2025 By Frances Schwartzkopff The European Union’s plan to slash the scope of new ESG regulations opens the door to a wave of litigation,...
EU Weighs International CO2 Credits to Meet New Climate Goal, Sources Say April 7, 2025 By Kate Abnett The European Commission is considering counting international carbon credits towards its next climate target, a move that could weaken the...
ING Becomes First Globally Important Bank to Meet Climate Watchdog Standards March 27, 2025 By Virginia Furness and Simon Jessop ING has become the first systemically important global bank to have its climate goals validated as being in line with...
Climate Goals Still Make Business Sense, Rio Tinto CEO Says February 21, 2025 By David Stringer Rio Tinto Group, the world’s second-largest mining company and a major polluter, came out in support of corporate efforts to...
New UK-Based Climate Group Emerges as Banks Retreat February 20, 2025 By Natasha White It was a dank, drizzly February evening when about 120 people gathered in the brightly lit art gallery of London’s...
EU to Propose New 2040 Climate Target for Emissions by End-March February 13, 2025 The European Commission will propose a new climate target this quarter, to slash Europe’s emissions by 2040, it said on...
Update: Hottest Year Ever Sees World Breach 1.5C Global Warming Target January 10, 2025 By Eric Roston Earth’s warming exceeded 1.5C on an annual basis for the first time in 2024, according to three major climate science...
Top Climate Group for Banks, Insurers, and Asset Managers Is Making Changes January 2, 2025 By Alastair Marsh The world’s biggest climate coalition for financial firms is making adjustments after several high-profile banks, insurers and asset managers opted...