sustainability News

US Anger Grows Over Global Reach of EU’s ‘Hostile’ ESG Rules

As trans-Atlantic relations grow increasingly fraught, Europe’s ESG regulations are becoming yet another flashpoint that threatens to sour ties. The American Chamber of Commerce to the European Union (AmCham EU) says proposed revisions to the bloc’s environmental, social and governance …

Trump’s Return Prompts Companies to Stifle Climate Talk With ‘Greenhushing’

As the chief executive officer of Caelux, Scott Graybeal runs a technology startup in Baldwin Park, California, that makes high-efficiency glass for solar panels. For years, climate change had been a crucial part of Graybeal’s business conversations — until Donald …

Environmental Activist ClientEarth Sues Germany Over Pesticides Use

Environmental activist charity ClientEarth launched a lawsuit against Germany on Friday to push Berlin to implement an EU law to limit pesticide use in farming, the group said on Friday. The group said in a statement Germany was not complying …

The Next Challenge for the US Charging Network: Congestion

In Fernley, Nevada, east of Reno, there are 16 cords that rapidly charge electric vehicles — not bad for a city of just 24,000 people. This weekend, that ratio will be upended. Roughly 30,000 vehicles are expected to roll through …

Britain Sets Out Next Steps to ‘Green’ its Financial System

Britain’s finance ministry set out plans on Thursday to meet its target of becoming the world’s first net-zero aligned financial center, proposing measures to stamp out so-called greenwashing in financial markets and channel cash into sustainable projects. The ministry said …

G20-Backed Standards Body Approves First Global Company Sustainability Rules

The G20-backed International Sustainability Standards Board on Thursday approved “global baseline” rules for firms disclosing how climate change affects their business, after calls to curb greenwashing in a “pivotal” year for climate reporting. Subject to ‘balloting’, or standard checks before …

EU Lawmakers Want to Extend Reach of Draft ESG Oversight of Corporations

A panel of European Union lawmakers on Thursday backed an amendment to extend the reach of groundbreaking draft legislation to force companies to check whether their suppliers use slave or child labor, or pollute the environment. The EU’s executive European …

CEOs Face Challenge Over Sluggish Climate Efforts

A return to Davos by corporate titans and their bankers after recent record Alpine temperatures has turned a spotlight on just how quickly they are moving to rein in carbon emissions. The number of organizations pledging to get to net-zero …

People Moves: TigerRisk Taps RenRe’s Everdell to Lead Casualty; HUB Promotes Chandani for Hospitality Specialty; Fidelis Names Brindle as Head of Sustainability

This edition of International People Moves details appointments at two brokers, TigerRisk and Hub International, and the insurer Fidelis. A summary of these new hires follows here. TigerRisk Taps RenRe’s Everdell as Head of Casualty, Global Accounts TigerRisk Partners LLC, …

New Global Standard Setter for Corporate Sustainability Drafts 1st Guidelines

A new global standard setter for company sustainability reporting set out its first draft guidelines on Thursday [March 31], entering a crowded field as trillions of dollars pour into investments marketed as “green.” The International Sustainability Standards Board (ISSB) published …