EU Parliament Approves Omnibus I Package to Cut Sustainability Reporting and Due Diligence Rules
The EU Parliament has approved the Omnibus I package, significantly reducing the scope of sustainability reporting and due diligence rules. CSRD will apply only to companies with more than 1,000 employees and over € 450 million in annual turnover, removing around 90% of firms from scope. Due diligence obligations under CSDDD will apply only from […]
Zelestra Secures 108 MW Sicily Solar Contract In Italy’s Second FER X Auction
• Italy awards up to 108 MW of new solar capacity in Sicily under its FER X support scheme, reinforcing national decarbonization and energy security goals.• Zelestra now holds roughly 168 MW of FER X-backed solar capacity after two auctions in December, strengthening its position in one of Europe’s fastest-growing renewables markets.• The award supports […]
Altitude Secures 360,000 Tonnes Of Biochar Carbon Removal From India And Philippines
• Altitude has committed to procuring more than 360,000 tonnes of CO₂ Removal Certificates from biochar facilities in India and the Philippines, with first deliveries from 2026.• The credits will be issued on Puro.earth or equivalent registries, reinforcing traceability and high-integrity standards in the engineered carbon removal market.• The partnership highlights Asia’s growing role in […]
Google Releases AI Playbook To Streamline Sustainability Reporting And Corporate Transparency
• Google is open sourcing its internal AI driven sustainability reporting methods after two years of in house use• The playbook targets one of the biggest ESG bottlenecks for corporates fragmented data and labor intensive reporting processes• The move positions AI as an operational reporting tool rather than a disclosure shortcut amid rising regulatory scrutiny […]
Colesco Takes Over $1 Billion Circular And Climate Impact Credit Fund
Colesco assumes management of an Article 9 private credit fund financing circular and climate transition businesses, expanding its responsible investment platform. The fund, renamed Colesco Circular And Climate Credit Impact Fund, targets measurable environmental outcomes while addressing the private credit funding gap for scaling circular technologies. Colesco will oversee more than €1 billion ($1.1 billion) […]
