Week Ending: Week 42 (Oct 15 – Oct 22)
- The EU's Copernicus Climate Change Service says the global temperature in 2023 is 0.52 degrees Celsius above average. The year is set to become the hottest year ever recorded, with last month being the warmest September on record. C3S found that the global temperature for January-September 2023 was 0.52 degrees Celsius (0.9 degrees Fahrenheit) higher than average.
- Other News: EU delays adoption of sector-specific sustainability reporting standards || ?SAP collaborates on sustainability solutions and services || Walmart, General Mills launch regenerative agriculture partnership || Biden admin announces largest-ever grid investment || DHL signs large-scale SAF deal || CDP to align with ISSB climate reporting standard? || Caterpillar’s new Chief Sustainability Officer || climate tech gaining share of venture capital investment || capital raises for green hydrogen, building decarbonization || AI-based climate tech solutions, and much more….
- Global Climate News Key Climate Announcements: DHL Signs Deal for 668 Million Liters of Sustainable Aviation Fuel? || Berge Bulk Launches Cargo Ship Using Wind-Assisted Propulsion to Cut Emissions ||Walmart, General Mills Launch 600,000 Acre Regenerative Agriculture Partnership || Estée Lauder Signs Deal for Recycled Materials for Packaging? || Inditex Signs Low Carbon Shipping Deal with Maersk? || Stellantis, Samsung to Invest Over $3 Billion in New Indiana Gigafactory Notable Climate Initiatives: As below
- Diversity & Inclusion Global Diversity Trends:
Key Trends 2023: An evolving remote workforce || Enabling diverse gender identity and gender expression || Multigenerational workforce|| Eliminating unconscious bias in the workplace || Gearing up for systemic change|| Diversity, equity, and inclusion || Hiring diversity professionals || Increased transparency in goals || Supporting employees' mental health || Looking beyond tokenism (Source: Top 10 Must-Know Diversity And Inclusion Trends For 2023 (vantagecircle.com)
- Governance (G) Regulatory Updates: Government and Regulations || ESG Reporting & Disclosure Global ESG Regulatory Changes: [Summarize Changes]
- Singapore Central Bank Guides Investors, Banks to Avoid Divestment Approach to Net Zero
- Biden Administration Announces $3.5 Billion Electricity Grid Investment
- EU Council Agrees on Rules to Reduce Emissions from Heavy Duty Trucks by 90% by 2040
- CDP to Align with ISSB Climate Disclosure Standard in 2024
- EU Commission to Delay Adoption of Sustainability Reporting Stds by 2 Years
- TCFD Report Finds Sharp Increase in Company Disclosure of Climate Risks and Opportunities
- Global News Extracts Company ESG Announcements [Summarize notable ESG-related announcements from companies worldwide.] Robeco to Disclose Sustainability Information for All Investment Products STX Group Launches Carbon Compliance Market Fund Private Equity & Venture Capital CIP Raises $2 Billion for Bioenergy, Renewables Infrastructure Funds AI-Based Climate Tech Startup Overstory Raises $14 Million Green Hydrogen Startup Novo Hydrogen Raises $20 Million Macquarie Invests $325 Million in Green Fertilizer Company Atlas Agro Building Decarbonization Startup Bedrock Energy Raises $8.5 million
- Weekly Insights Global temperature rise brings a sense of urgency for ambitious climate action, and it has never been more critical, any further delay would be fatal for mankind, UN climate talks in Dubai have a clear agenda ahead. Pope Francis would also be joining in Dubai.
- Looking AheadWe are still not too late to control the damage - Breaching the global warming limits of the world's climate goals could see the melting of Greenland's ice sheet add more than a meter to rising?sea levels, according to a new Research.? But the study by an international team of researchers found there would still be hope to prevent a collapse of the ice sheet if warming is reversed and brought back to a safer level. The melting of Greenland's vast ice sheet the world's second larget after Antratica ?is estimated to have contributed more than 20 percent to observed Sea Level rise since 2002.
Good initiative Sanjeev.
Director at iShield Technology Pvt Ltd
1 年Good initiative Sanjeev. Best wishes for your weekly posts.