News
Initiative
February 03, 2023
Indonesia to start carbon trading for coal-fired power plants
Indonesia plans to issue emission quotas for some coal-fired power plants this month as a first step toward developing a local carbon trading market, energy officials said last week.
November 02, 2022Nearly all companies committed to net zero will fail goals without doubling pace of carbon reductions by 2030: Accenture
While more than 34% of the world’s largest companies are now committed to net zero goals, 93% will fail to meet their targets, if they don’t at least double the rate of emissions reduction by 2030, according to a new report from Accenture.
October 17, 2022Australia to pledge to cut methane emissions by 30%
Australia’s new left-leaning government is set to commit to reducing global methane emissions by 30% by 2030.
October 03, 2022Malaysia to become major carbon market in Asia: McKinsey
Malaysia is poised to become one of Asia's leading carbon markets, according to global consulting giant McKinsey & Co.
September 28, 2022ESG investors consider measuring Scope 4 emissions
Amid global race to net-zero emissions, Environmental, Social, and Governmental (ESG) investors are now considering how Scope 4 emissions can be integrated into their portfolio analysis.
September 22, 2022New KARB ETF opens door to global compliance carbon markets
Carbon Fund Advisors Inc has launched the Carbon Strategy ETF (KARB) on the NYSE to provide investors with exposure to carbon markets.
September 15, 2022First climate lawsuit demanding Russian government stronger emissions targets
Activists filed Russia’s first-ever lawsuit in the Supreme Court on Sep.13, demanding the government take stronger actions on emissions reduction to meet its obligations under the 2015 Paris Agreement.
July 08, 2022CHIMEI completes carbon credits transaction on CIX
CHIMEI has completed carbon credits transaction and offsetting on the Climate Impact X (CIX), a Singapore-based global carbon exchange and marketplace, in June, becoming the first Taiwanese enterprise which secured and traded carbon credits on the CIX.
July 07, 2022LG Innotek joins RE100, with goals of going 100% renewables by 2030
Korea’s leading electronic component manufacturing company, LG Innotek, announced on July 5 that it officially joins the global "RE100" initiative. Their goal is to use only renewable energy including domestic and overseas establishments by 2030.
July 06, 2022Dutch government limits Schiphol airport flights to reduce pollution
The Netherlands’ Schiphol airport, the third busiest in Europe, has cut the number of flights by 12% to reduce pollution, becoming the first airport in the world limiting traffic to make the aviation industry more sustainable.