IFRS Foundation Publishes Guide to Help Companies Identify, Disclose Sustainability Risks
Clear Guidance for Companies: The IFRS Foundation has introduced a comprehensive guide to help companies identify and disclose material sustainability-related risks and opportunities impacting their financial future. Alignment with IFRS S1: The guide elaborates on how companies can understand sustainability dependencies and impacts as described in the IFRS S1 General Requirements for Disclosure of Sustainability-related […]
CDP, 20 Landscape Experts Set Standards for Sustainability Beyond Supply Chains
Unified Standards Introduced: CDP and 20 leading landscape practitioners have released core criteria for impactful, scalable sustainability initiatives. Practical Guidance: A new publication provides a roadmap for stakeholders to assess the maturity of landscape initiatives and extend their sustainability impact beyond supply chains. Support for Strategic Decisions: Leveraging tools like geospatial tracking and CDP’s disclosures, […]
Multilateral Climate Funds Launch AI-Powered Climate Project Explorer at COP29
Unified Climate Data Access: The Climate Project Explorer consolidates nearly 4,000 climate projects funded by four major climate funds into a single, searchable platform. Enhanced Knowledge Sharing: AI-powered search and filtering options enable stakeholders to discover key information, fostering collaboration and best practices. Improved Access to Climate Finance: The tool aims to strengthen access to […]
Ikea Invests €1.5 Billion to Phase Out Fossil Fuels by 2030
Ingka Group commits €1.5 billion to eliminate direct fossil fuel use. Targets an 85% reduction in climate footprint from own operations by 2030 (2016 baseline). Investment focuses on energy efficiency and renewable heating and cooling technologies. Ingka Group, the largest IKEA retailer, is investing €1.5 billion to accelerate its transition away from fossil fuels. This […]
GEFI Names Former ESG Chief of Abrdn Amanda Young as Senior Advisor
Amanda Young appointed Senior Advisor at GEFI after departing Abrdn. Departure followed cost-cutting and overhaul of Abrdn’s sustainability team. Young aims to advance sustainable finance through GEFI’s mission. Amanda Young, former Chief Sustainability Officer at Abrdn, has joined the Global Ethical Finance Initiative (GEFI) as a Senior Advisor. With over a decade of experience in […]
