Canada Releases First Sustainability Disclosure Standards in Alignment with ISSB Global Framework
New sustainability standards launched: CSDS 1 and CSDS 2 now part of CPA Canada’s Sustainability Handbook, supporting consistent reporting across sectors. Generous transition relief: Extended timelines for Scope 3 GHG emissions reporting and quantitative scenario analysis to ease adoption. Focus on Canadian priorities: The Criteria for Modification Framework ensures alignment with national needs. Canada has […]
Deutsche Bank Supports $1.46 Billion Financing for GPG’s Renewable Energy Growth
Massive renewable expansion: Deutsche Bank backs GPG’s AUD 2.3 billion financing for wind, solar, and battery projects, totaling 1 GW of operational capacity and 870 MW in development. Advancing sustainable finance: This marks Deutsche Bank’s 24th renewable energy financing in Australia, driving toward a 3.6 GW total in 2024. Comprehensive project portfolio: GPG’s assets include […]
SEB Manages $152 Million IFC Green Bond with a focus on Boost Biodiversity Finance
Mobilizing private capital for biodiversity: IFC’s 2 billion SEK green bond focuses on restoring ecosystems and promoting biodiversity in emerging markets. COP16 drives biodiversity finance agenda: The bond aligns with the Global Biodiversity Framework, a key outcome of COP16. Strategic partnerships for sustainable impact: SEB and IFC continue their collaboration to innovate green finance solutions. […]
Accenture Acquires IQT Group to Boost Net-Zero Infrastructure Expertise
Strategic acquisition: Accenture integrates IQT Group’s engineering expertise to enhance net-zero infrastructure project capabilities. Focus on clean energy and efficiency: IQT Group specializes in electricity, water, and telecom infrastructure for private and public organizations. Supports Italy’s energy transition: Projects align with the EU’s National Recovery and Resilience Plan (PNRR). Accenture has agreed to acquire IQT […]
IOSCO Launches Network to Support Emerging Markets in Adopting ISSB Sustainability Standards
Global collaboration: A dedicated network of 32 jurisdictions aims to streamline the adoption of ISSB sustainability standards in emerging markets. Wide-reaching economic impact: Members represent 4.3 billion people, more than 90% of BRICS GDP, and significant portions of global market capitalization and emissions. Capacity-building focus: The network offers support for supervisory, regulatory, and implementation aspects […]
