European Union documents show that the modernisation of Europe’s energy grid this decade will require more than half a trillion euros. As a result, countries will be able to ramp up wind and solar power in order to break free of Russian gas. Several measures will be proposed by the European Co
In the United Arab Emirates, two-thirds of companies have received salary requests to offset the impact of inflation, according to a survey. A Mercer survey of 200 local and international companies in the UAE, which surveyed 200 companies in 2022, found only 16% of them had taken any action to retai
Travelling to a beautiful location and that too in a sustainable and eco-friendly hotel is just a cherry on the top thing, isn’t it? Some hotels are taking huge steps towards becoming eco-friendly and sustainable for the planet. Nowadays, when people search for hotels they not only look for the se
Amsterdam, 21 September–The TBLI Group is proud to announce to TBLI Better World Prize-ThePeople’s Choice Award for the Best ESG Measurement System. We have started a movement,sharing prepared presentations from the most visible ESG measuring tools in order to let the publicdecide which are
Sugar-based alternatives to vinyl might help the music industry to decarbonise as a result of its development, according to its developer. UK-based Evolution Music says its bioplastic can be used to create records and is aimed at making it easy for record labels and artists to stop using plastic wit
According to an analysis of 87 companies by EY, only 29% of German financial services board members are women, compared to 37% on average across Europe. Switzerland ranked lowest among the 13 countries in EY’s survey, with 33% female, whereas Italy ranked highest with 44%. EY’s European
ECB purchases of corporate bonds will be geared towards companies that emit fewer carbon emissions, measuring their performance, goals, and climate disclosures. Last year, the ECB introduced a number of measures to counter climate change, including bank supervision and monetary policy, and it is now
A global mining and commodity giant, Glencore (GLEN.L) is considering adding lithium to its metal portfolio, as the raw material is in high demand due to the rapid expansion of electric vehicles (EVs). Depending on the outcome of the deal, the Zyothish George and Nick Popovic zinc and copper busines
The Ethereum blockchain has undergone a significant software upgrade, which has reduced its energy usage by 50%. The inventor and co-founder tweeted about the change on Thursday. The new system will use 99.95% less energy than the old system, according to the Ethereum Foundation. This upgrade could
British cardboard maker DS Smith (SMDS.L) expects a newly opened plant in northern Italy to help it reach its full-year growth targets as well as cut down on emissions and soften the impact of soaring energy prices. Speaking on Tuesday at the new facility in Castelfranco Emilia, Chief Executive Mile
