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International Seabed Authority Elects Leticia Carvalho as New Secretary General Amid Deep-Sea Mining Concerns

August 5, 2024 No Comments

Key Points: The International Seabed Authority (ISA) has announced the election of Leticia Carvalho of Brazil as its new Secretary General for the period 2025-2028. Carvalho’s election, held during the ISA’s twenty-ninth session, reflects the Member States’ confidence in her leadership to guide the organization through the complex challenges of

SIDS Athletes Shine Bright in Paris: Medal Counts Soar

August 5, 2024 No Comments

Key Impact Points: As the rain poured down on the Stade de France, the memories flooded back for Julien Alfred, who had just crossed the finish line as the Olympic 100-meter champion, securing St. Lucia’s first Olympic medal. With tears in her eyes, she dedicated her victory to her late

Earth Overshoot Day 2024: We’ve Already Spent Nature’s Yearly Allowance

August 1, 2024 No Comments

Key Impact Points: August 1st marks Earth Overshoot Day, the date when humanity’s demand for nature’s resources exceeds what Earth can regenerate within a year. This milestone, calculated by the Global Footprint Network, underscores the urgent need for sustainable practices to reverse our ecological debt. Background Earth Overshoot Day signifies

Bill Gates’ Breakthrough Energy Ventures Raises $839 Million for Largest Climate Fund of 2024

August 1, 2024 No Comments

Key Impact Points: Breakthrough Energy Ventures, the climate-focused venture capital firm backed by Bill Gates, has secured $839 million in commitments for its third flagship fund, BEV III. According to a regulatory filing, this makes it the largest climate fund raised so far in 2024, underscoring the growing investor confidence

IASB Proposes New Guidance for Reporting Climate-related Uncertainties in Financial Statements

August 1, 2024 No Comments

Key Impact Points: The International Accounting Standards Board (IASB) has released an Exposure Draft on Climate-related and Other Uncertainties in Financial Statements, proposing eight examples to help companies apply IFRS Accounting Standards when reporting the effects of climate-related and other uncertainties in their financial statements. Background In response to strong

The Power of Individual Action in Advancing Equity: New Deloitte Report

July 31, 2024 No Comments

Key Impact Points: Deloitte’s DEI Institute™ has released a report titled The Power of “I” in Equity Report, emphasizing the influence individuals at all organizational levels—from C-suite executives and middle managers to frontline workers—have in advancing workplace equity. The report identifies practices to develop a holistic approach to awareness and

Inside Project 2025- Everything You Need to Know About on the EPA Blueprint

Inside Project 2025: Everything You Need to Know About the EPA Blueprint

July 29, 2024 No Comments

If you browse the Internet or watch TV, you’ve probably heard of Project 2025, the blueprint for a second Trump presidency, mapped out by a coalition of 100 conservative think tanks, spearheaded (publicly at least) by the Heritage Foundation. The project is a roadmap for a second Trump administration, building

Enel Launches Share Buyback Program Aligned with Sustainability Goals

July 29, 2024 No Comments

Key Impact Points Program Overview Enel has announced the launch of a share buyback program, approved by the Board of Directors and authorized by the Shareholders’ Meeting on May 23rd, 2024. The program aims to repurchase 2.9 million shares, representing approximately 0.029% of Enel’s share capital. The buyback will run

Nearly 90% of Iberdrola’s Production is Now Emission-free

July 29, 2024 No Comments

Key Impact Points: Historic Investments and Impact Iberdrola’s investments in the first half of the year have had a significant impact on global activity and employment, as well as on environmental sustainability. The company made purchases worth over €7 billion from tens of thousands of suppliers, supporting more than half

ENGIE Begins Construction of One of Europe’s Largest Battery Energy Storage Systems

July 29, 2024 No Comments

Key Impact Points ENGIE has started construction on one of Europe’s largest Battery Energy Storage Systems (BESS) at its Vilvoorde site in Belgium. This significant development follows the project’s construction permit approval in July 2023 and its selection for capacity remuneration in October 2023. With an installed capacity of 200