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
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
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
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
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
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
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
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
Key Impact Points: Sen. Elizabeth Warren, D-Mass., has introduced the Stop Corporate Capture Act, aiming to reverse the Supreme Court’s recent ruling that overturned the Chevron doctrine. This doctrine mandated federal courts to defer to agencies’ reasonable interpretations of ambiguous statutes. The Supreme Court’s decision to overturn Chevron has already
The whitepaper titled “How CFOs Can Help Meet Corporate ESG Goals” by SAP Concur in partnership with Deloitte provides comprehensive insights into the critical role that Chief Financial Officers (CFOs) play in advancing their organizations’ Environmental, Social, and Governance (ESG) initiatives. The whitepaper emphasizes the importance of understanding the regulatory
