Key impact points: The European Corporate Sustainability Reporting Directive (CSRD) is set to revolutionize how large and publicly listed companies disclose their environmental, social, and governance (ESG) practices. A new era of transparency Phase 1 of the CSRD targets large companies meeting at least two of these criteria: over €50
Key Takeaways: Microsoft has signed a significant carbon removal deal with Ebb Carbon, committing to an initial removal of 1,333 tons of carbon dioxide and potentially expanding to 350,000 tons over the next decade. This ocean-based carbon removal agreement is part of Microsoft’s broader strategy to become carbon negative by
Key Impact Points: Dominion Energy Virginia and Amazon have entered into a Memorandum of Understanding (MOU) to explore potential development and financing structures for Small Modular Reactors (SMRs) in Virginia. As the demand for electricity surges—growing more than 5% annually in Virginia and projected to double within 15 years—Dominion Energy
Key Impact Points: Deloitte is taking a major step toward achieving its sustainability goals by implementing GreenLight powered by Salesforce. This cutting-edge solution, which merges Salesforce’s Net Zero Cloud with Deloitte’s technology, helps the organization manage its environmental, social, and governance (ESG) reporting across more than 120 countries. Driving Global
Key Impact Points: Google’s clean energy push with SMRs Google is making strides in the clean energy sector by signing a groundbreaking corporate agreement with Kairos Power to purchase nuclear energy from Small Modular Reactors (SMRs). These advanced nuclear reactors will provide up to 500 MW of 24/7 carbon-free power
Key Impact Points: Introduction of the New Tool On the eve of Nature COP 16, Bloomberg unveiled a groundbreaking tool designed to help investors assess their exposure to nature and biodiversity-related risks. This offering combines Bloomberg’s extensive data with leading sources of nature and biodiversity information. Key Features of the
3 Key Impact Points: As AI, and especially Generative AI (GenAI), becomes more prevalent, establishing and operationalizing ethical standards is now a key focus for organizations. According to Deloitte’s 2024 Technology Trust Ethics Report, 94% of respondents say their organizations are developing or deploying GenAI, while 87% report expanding its
Key Impact Points: The Complexity of Renewable Energy Deployment While the benefits of renewable energy over fossil fuels are clear, deploying renewables is complex. Factors like grid limitations, energy demand, and geographical conditions must be considered to meet sustainability and business goals. The Stakes of Mismanagement Deploying renewable energy in
Key Impact Points: Introduction to the Climate Center of Excellence S&P Global has established the Climate Center of Excellence within its Sustainable1 division, uniting top scientists and strategists to advance climate, environmental, and nature research. Mission and Objectives The center’s mission is clear: Dr. Terence Thompson, Chief Science Officer, emphasized,
Key Takeaways The Rising Energy Demand of AI and Crypto Crypto mining and data centers now account for 2% of global electricity use and nearly 1% of global emissions, with their footprint expected to grow. “What do AI and Crypto Assets have in common? Both are power hungry.” Because of
