Finding Value in ESG Reporting Is Critical in Today’s Legislative Landscape

Tommy MalettaReforming Global Finance, SRI/ESG News, Latest Headlines

Sustainable Brands Experience design agency SiaXperience is helping brands navigate their reporting journey in this ever-shifting landscape. Managing Director of ESG Communications Judy Sandford shares insights into how companies can enhance their reporting practices to keep the edge. Pressure from regulators and increasingly demanding investors, more awake to climate risks …

G20 welcomes recommendations to unlock funding for climate transition projects

Tommy MalettaReforming Global Finance, Transforming Finance, Latest Headlines

By Marcela Ayres, Reuters Crevasses and Sahara dust are seen on the Morteratsch Glacier amid climate change, in Pontresina, Switzerland, September 3, 2024. REUTERS/Denis Balibouse/File Photo Purchase Licensing Rights WASHINGTON, Oct 24 (Reuters) – A group of funds backed by the world’s 20 largest economies aimed at financing climate transition projects needs …

The mindset change business leaders need to create a climate-resilient future

Tommy MalettaReforming Global Finance, Transforming Finance, Latest Headlines

By Matthew Blake, Fast Company The head of World Economic Forum LLC, USA says business leaders need an urgent shift in mindset—from reactive to proactive—to contend with the rising risks. As large parts of the world experience another year of record-breaking temperatures and extreme weather events, the effects of a changing climate …

Top EU countries spend $45 billion subsidizing fossil-fuel company cars, study says

Tommy MalettaReforming Global Finance, Resource Efficiency, Latest Headlines

By Nick Carey, Reuters Oct 21 (Reuters) – The EU’s five biggest members spend 42 billion euros ($45.60 billion) annually subsidizing fossil-fuel company cars, according to a study commissioned by environmental group Transport & Environment (T&E), which called for more subsidies for EVs instead. Company cars make up around 60% …

Emissions War Escalates—Pollution From World’s Militaries in Spotlight at UN Summit

Tommy MalettaReforming Global Finance, Global Citizen, Latest Headlines

By Ken Mclaughlin, The War Horse Should international climate pacts require militaries to comprehensively report the amount of greenhouse gases they release into the atmosphere? A Ukrainian tank fires at pro-Russian forces in the Donbas region in eastern Ukraine. Russia and pro-separatist forces have controlled the region since 2014, eight …

Hurricane Helene could cost $200 billion. Nobody knows where the money will come from.

Tommy MalettaReforming Global Finance, Community Development Solutions, Latest Headlines

By Jake Bittle, Grist Almost none of the storm’s devastation will be paid out by insurance. Jabin Botsford / The Washington Post via Getty Images Even as the full scale of devastation in the mountainous regions of North Carolina and Tennessee remains unknown, it’s clear that Hurricane Helene is one …

Britain to become first G7 country to end coal power as last plant closes

Tommy MalettaReforming Global Finance, Sustainability News, Latest Headlines

By Susanna Twidale, Reuters LONDON, Sept 30 (Reuters) – Britain will become the first G7 country to end coal-fired power production on Monday with the closure of its last plant, Uniper’s (UN0k.DE), opens new tab Ratcliffe-on-Soar in England’s Midlands. It will end over 140 years of coal power in Britain. In 2015 …

Focus: Canada’s insurance sector faces climate catastrophe claim deluge

Tommy MalettaReforming Global Finance, Beyond GDP, Latest Headlines

By Nivedita Balu, Reuters TORONTO, Sept 3 (Reuters) – Hotter summers in Canada that have sparked wildfires in tourist areas, intense hailstorms and thunderstorms with severe flooding in major cities, all likely linked to climate change, are leading to personnel shortages and potentially claims adjustment delays, according to insurance sector …