Businesses Without Transition Plans Risk Higher Costs And Missed Growth Opportunities, ERM Council Warns
• Climate and nature risks are already driving supply chain disruption, insurance gaps, and rising capital costs across sectors• Companies that integrate climate and nature into core strategy can protect enterprise value and unlock new commercial growth• CFO grade transition planning is emerging as a governance and capital allocation priority for boards and investors As […]
Microsoft Signs 3.6 Million Ton Carbon Removal Deal With C2X
• Microsoft commits to purchasing 3.6 million metric tons of engineered carbon removal over 12 years from a single US project, signaling long-term demand for durable removals.• The $2.5 billion Beaver Lake project links bio methanol production with permanent CO2 storage, targeting shipping, aviation, and industrial decarbonization.• The agreement embeds rigorous lifecycle accounting, ICROA-endorsed verification, […]
ADB Approves $500 Million Loan to Scale Philippines Blue Economy, Climate Resilience
• ADB commits $500 million in policy based financing to strengthen marine ecosystem governance, waste management, and blue economy investment in the Philippines.• Blue economy sectors already contribute Php1.01 trillion ($17.17 billion) or 3.8 percent of GDP, with growth constrained by climate risk and ecosystem degradation.• The program aligns national development, adaptation, and climate targets […]
New York Mandates Statewide GHG Disclosure for Large Emitters Starting 2027
• New York will require mandatory greenhouse gas reporting from facilities emitting 10,000 metric tons of CO2e or more, beginning in 2027, covering power, fuel supply, waste, and industrial sectors.• The state is moving ahead as federal climate disclosure and emissions transparency programs face rollback, positioning New York as a subnational regulator of record on […]
ASIC Releases Sustainability Reporting Modules for Smaller Companies
Australia’s corporate sustainability reporting regime expands director and supplier obligations under the Corporations Act 2001, with spillover effects for SMEs. ASIC and the Australian Accounting Standards Board have launched eight education modules to build climate reporting capability across supply chains. Early guidance focuses on climate fundamentals and physical risk, ahead of emissions accounting and opportunity […]
