Goldman Sachs shareholders overwhelmingly voted against two anti-diversity, equity, and inclusion (DEI) proposals at the firm’s annual meeting, with each proposal receiving just 2% support. The proposals, put forward by the National Center for Public Policy Research (NCPPR), sought to dismantle DEI initiatives, including executi...
Eni and UK Government Secure £2B for Liverpool Bay CCS Project, Boosting Jobs and Carbon Storage
Eni and the UK Government have reached financial close on the Liverpool Bay Carbon Capture and Storage (CCS) project, unlocking £2 billion in local supply chain contracts and 2,000 construction jobs. This project is pivotal to the HyNet Cluster, one of the world’s most advanced CCS systems, and is central to the UK’s strat...
Nestlé and ofi Launch Landmark Agroforestry Partnership to Cut Carbon and Regenerate Cocoa Farms
Nestlé and global ingredients supplier ofi have announced their most ambitious agroforestry collaboration to date, aiming to transform cocoa farming across Brazil, Côte d’Ivoire, and Nigeria through regenerative agriculture and large-scale carbon reduction. The initiative will train 25,000 farmers in sustainable, climate-smart p...
CSA Hits Pause on Mandatory Climate and Diversity Disclosure Rules Amid Economic Uncertainty
The Canadian Securities Administrators (CSA) has announced a pause on the rollout of mandatory climate-related disclosure requirements, citing shifting global conditions, economic pressures, and rising competitiveness concerns for Canadian companies. The delay also extends to proposed amendments around diversity disclosures. ...
IDB and IFRS Foundation Partner to Accelerate Sustainability Disclosure Adoption in Latin America and the Caribbean
The Inter-American Development Bank (IDB), IDB Invest, and the IFRS Foundation have launched a strategic partnership to fast-track the adoption and implementation of the IFRS Sustainability Disclosure Standards across Latin America and the Caribbean. The collaboration aims to strengthen transparency, attract investment, and enha...
Dutch Government Commits €639M to Safeguard Aramis Carbon Storage Project Amid Industry Pullback
The Netherlands is injecting €639 million into the Aramis carbon capture and storage (CCS) project to ensure its progress after Shell and TotalEnergies withdrew funding for the pipeline infrastructure. While both companies will continue to support the development of the CO₂ storage facilities, their exit reflects a broader trend...