ESG Digest №12

  • Research: Business starts to prioritise climate and sustainability less
  • Research: Asian companies are not telling the full story of their carbon footprint
  • Research: Global oil demand set to peak in 2028
  • Research: 50% of CEOs have pay tied to ESG goals 
  • Japan to invest $107 bln in hydrogen supply over 15 years
  • Germany launches €50bn ‘climate contracts’ for high-carbon sectors
  • U.S. launches Clean Hydrogen Strategy
  • Climate Action 100+ shifts focus to implementation of climate transition plans for major emitters
  • EU Commission eases sustainability reporting rules however will require companies to introduce climate transition plans
  • EU Commission proposes regulation of ESG ratings providers 
  • UK Government funds £4.3m to develop space-based solar power
  • World Bank: Trillions Wasted on Subsidies Could Help Address Climate Change
  • IPSASB launches development of Climate-Related Reporting Standard for public sector
  • Swiss voters approve Net Zero Climate Law
  • France and Canada commit to decarbonize aviation
  • EU Council announces agreement on Nature Restoration Law
  • USA announce $2.9 bln in climate resilience investments
  • China and Germany agree “Climate and Transformation Dialogue” in difficult political landscape
  • IFRS releases Global Sustainability and Climate Reporting Standards
  • Australia to introduce mandatory climate reporting in 2024 
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