Key Impact Points: Groundbreaking Guidance for the Insurance Sector As part of London Climate Action Week, the UNEP Principles for Sustainable Insurance (PSI) Working Group for Nature unveiled a foundational report titled Rooted in Risk: Framing nature-related assessments for insurers. This marks the first release in a new series aimed
Key Impact Points: UN Calls on Financial Sector to Back Ocean Health The ocean remains severely underfinanced despite being critical to the global economy, climate stability, and biodiversity. At the third UN Ocean Conference (UNOC3), UNEP FI and partners issued a call to action for financial institutions to align capital
Key Impact Points: Landmark Coalition to Scale Voluntary Carbon Markets The Governments of Kenya, Singapore, and the United Kingdom have launched the Coalition to Grow Carbon Markets—the first government-led initiative aimed at restoring and scaling private sector demand for high-integrity carbon credits. Announced during London Climate Action Week, the coalition
Key Impact Points: GRI Introduces Climate Change and Energy Standards to Drive Action The Global Reporting Initiative (GRI) has released its Climate Change and Energy Standards—GRI 102 and GRI 103—to enhance corporate accountability on climate impacts and provide globally aligned, decision-useful disclosure tools. Announced during London Climate Action Week, the
Key Impact Points: UN Launches Regional Hub to Drive Private-Sector Sustainability The UN Global Compact has officially launched its Country Network for Central Asia, a new regional hub based in Kazakhstan that will serve five countries — Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan, and Turkmenistan. This milestone aims to integrate over 140
Key Impact Points: Commission Pulls Plug on Greenwashing Proposal The European Commission has announced it plans to withdraw its proposed Green Claims Directive, a central piece of its Green Deal strategy designed to curb greenwashing in corporate marketing. The legislation aimed to ensure companies’ environmental claims were “accurate, substantiated and
Key Impact Points: Singapore Unveils Draft Guidelines for Voluntary Carbon Market The Singapore government has released a draft guidance document detailing how companies can credibly use voluntary carbon credits as part of their decarbonisation plans. Jointly issued by the National Climate Change Secretariat (NCCS), Ministry of Trade and Industry (MTI),
Key Impact Points: UN Unveils Action Plan to Put CMOs at the Center of Sustainable Business Transformation At the Cannes Lions International Festival of Creativity, the UN Global Compact launched its first-ever CMO Blueprint for Sustainable Growth, a guide designed to empower Chief Marketing Officers (CMOs) to lead business transformation
Key Impact Points: ECB Introduces Nature Exposure Metric in Climate Reporting The European Central Bank (ECB) has released its third climate-related financial disclosure, introducing a new indicator that evaluates how ECB and Eurosystem corporate portfolios depend on or impact nature. This marks a significant step in aligning climate and biodiversity
Key Impact Points: Norway’s Historic CCS Breakthrough Norway has officially launched Longship, the world’s first complete carbon capture and storage (CCS) value chain – from industrial capture to permanent seabed storage. The milestone project is Europe’s first at this scale and is supported by NOK 22 billion in state funding,
