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

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

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

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SIDS Athletes Shine Bright in Paris: Medal Counts Soar

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

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Earth Overshoot Day 2024

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

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

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

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

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

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Deloitte Diversity Equity and Inclusion

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

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

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Enel Launches Share Buyback Program Aligned with Sustainability Goals

Enel Launches Share Buyback Program Aligned with Sustainability Goals

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

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

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

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

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