Interesting reads

Interesting and up-to-date news articles on sustainable finance

05 – 09: UK based Xampla raises $14 million. Aiming to replace single-use plastic by biodegradable plant based alternative. “Over the next five years, Morro materials are set to replace plastics such as the linings found in takeaway boxes, coffee cups, and sachets. Unlike conventional plastics, Morro Coating allows cardboard to remain recyclable while still offering grease, oxygen and moisture barrier protection.”

04 – 09:
Nordic leading ESG software and consulting Position Green acquires reporting and compliance solution Greenomy.

“This combination brings together two market leaders with complementary strengths: Position Green’s scale in the Nordics and Greenomy’s deep regulatory expertise and Benelux foothold. It positions us to serve clients with the most comprehensive sustainability data management solution in Europe.”

04 – 09: Apple misled consumers by advertising apple watch as “CO2 neutral product”. Planting eucalyptus trees to offset carbon, in Paraguayan so-called ‘green desserts’.

02 – 09:
China to include major markets to its carbon expansion by 2027, 3 years ahead of schedule.

02 – 09:
Frontier, a major carbon removal purchasing company, signs $31M deal to remove 115,211 tons of CO2. Using Ocean alkalinity enhancement (OAE). Adding dissolved alkaline minerals to seawater. Thereby, reducing ocean acidity, and removing atmospheric CO2.

02 – 09:

First ever blue bond issued by a gulf country financial institution.

28-08:

Google to power datacenters with nuclear energy, starting 2030

28-08: The EU adopts new ESG rating regulations.

25 – 08: The global fashion industry focus largely on carbon emissions in climate strategies. Leaving out most vulnerable garment workers in developing countries suffering from rising temperatures.