Today’s ESG Updates
- U.S. Adopts Global ESG Standards: The U.S. implements global ESG standards to maintain competitiveness despite opposition from Trump.
- Asia-Pacific Companies Link ESG to Executive Pay: 74% of companies in the region now tie executive compensation to ESG performance.
- AM Green & DP World Green Fuels Hub: The partnering companies are creating a global hub for sustainable fuels to make advancements in renewable energy.
- CO2-Eating Bacteria Convert Smoke into Fuel: Scientists have developed a bacteria that changes CO2 into sustainable fuel to reduce carbon emissions.
U.S. adopts Global ESG Standards despite Trump pressures
The United States has officially adopted global ESG standards, responding to growing demands for corporate transparency. The new regulations will provide investors with reliable and consistent information about companies’ sustainability practices. This move is part of a broader effort to enhance accountability and ensure businesses are addressing their ESG credentials to stay competitive in the market. With increasing regulatory and consumer pressure, businesses aiming to foster sustainable practices can make use of AI tools to meet ESG standards.
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Further reading: U.S. Adopts Global ESG Standards Amid Disclosure Pressures
Asia-Pacific companies connect ESG metrics to executive pay
In the Asia-Pacific region (APAC), 74% of companies are now linking executive compensation to ESG metrics. The APAC region is progressing with ESG credentials but faces obstacles with a clash between disclosure rules and investor expectations. The increasing ESG compliance across APAC also puts the US in the spotlight, as ESG is increasingly becoming essential to be competitive in the market.
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Further reading: 74% of Asia-Pacific companies link ESG metrics to executives’ remuneration: report
AM Green and DP World partner to boost renewable energy
AM Green and DP World are introducing global green fuel hubs to accelerate renewable energy adoption. The partnership focuses on simplifying the production and supply processes to make sustainable fuels more accessible. The initiative aims to invest in infrastructure to facilitate accessibility of renewable energy. The plans include developing bunkering infrastructure to help with the supply of green fuels from AM Green plants. This initiative is part of India’s increasing efforts to meet global decarbonisation targets and market demands.
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Further Reading: AM Green and DP World to Develop Global Green Fuels Hub
CO2-eating transforms smoke into sustainable fuel
Scientists have developed pioneering technology that could change the decarbonisation landscape. Using CO2-eating bacteria to convert chimney smoke into sustainable fuel, emitted CO2 can be used to make unwanted emissions into usable assets. The innovation allows bacteria to aid in carbon emissions reductions by transforming CO2 into valuable fuels like ethanol. This technology provides an organic way to meet ESG targets and reduce carbon emissions. Businesses wanting to meet ESG targets can make use of ESG solutions to actively contribute to sustainability efforts.
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Further reading: CO2-Eating Bacteria Turn Chimney Smoke Into Sustainable Fuel
Editor’s Note: The opinions expressed here by the authors are their own, not those of impakter.com — Cover Photo Credit: Chris Hardy