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Maersk Invests Over $500 Million in Southeast Asia for Integrated Logistics Expansion

Investments part of Maersk’s global integrator strategy to strengthen footprint across warehousing and distribution, air, inland logistics, ocean and terminal to support the region’s emergence as a global production and consumption powerhouse. Approximately 480,000 sqm warehouse capacity to be added by 2026. Plans to build green fuel infrastructure, pilot biodiesel fuel, and introduce EV trucks […]

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DHL Launches Eco-Friendly European Innovation Center in Germany, Focussing on Sustainability

The new DHL Europe Innovation Center will serve as a hub for trend research and technology development, providing innovative solutions to assist customers and partners in navigating their logistics journey. Operation of the DHL Europe Innovation Center will be CO2-neutral and marks the facility as DHL Group’s inaugural venture into wood construction With the new […]

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POWERCHINA Powers Up South Africa’s Largest Clean Energy Plant, Boosting Local Economy

 Within just two years, the largest clean energy power plant of South Africa has emerged out of nothing on the vast wilderness in Northern Cape. It is the 100MW Redstone concentrated solar thermal power plant constructed by POWERCHINA in South Africa, a country thousands of miles away from China. Relieving Power Shortage South Africa’s economic development has been constrained by insufficient […]

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Kenyan President Urges Progress on Global Plastic Treaty As Negotiations Heat Up

The third session of the Intergovernmental Negotiating Committee to develop an international legally binding instrument on plastic pollution, including in the marine environment (INC-3), opened in the Kenyan capital, Nairobi. INC-3 members will start negotiations on the basis of the Zero Draft text prepared by the Chair of the INC.  INC-3 marks the mid-point of the journey towards a global treaty. […]

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Better Cotton Revolutionises Sustainable Cotton Sector with Traceability Solution

Better Cotton represents more than one fifth of global cotton production, enabling Traceability Solution to be delivered at scale Traceability Solution will provide retailers and brands with improved visibility of their supply chains Marks & Spencer and Walmart – in addition to more than 1,500 organisations – were consulted and informed the solution’s development Traceable […]

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EU Council Adopts New European Green Bond Standard to Promote Sustainable Finance

The Council adopted a regulation creating a European green bond standard. The regulation lays down uniform requirements for issuers of bonds that wish to use the designation ‘European green bond’ or ‘EuGB’ for their environmentally sustainable bonds. Environmentally sustainable bonds are one of the main instruments for financing investments related to green technologies, energy efficiency and resource […]

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TMF Group launches new ESG administration services

TMF Group, a leading provider of compliance and administrative services, has announced the launch of its new environmental, social and governance (ESG) administration services. The new offering will help companies and fund managers define, set up and maintain accurate ESG reports. ESG reporting requirements can be challenging: not only do companies need to comply with […]

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NASA’s Asteroid Bennu Sample Reveals Abundant Carbon and Water, Signs of Life’s Building Blocks

Initial studies of the 4.5-billion-year-old asteroid Bennu sample collected in space and brought to Earth by NASA show evidence of high-carbon content and water, which together could indicate the building blocks of life on Earth may be found in the rock. NASA made the news from its Johnson Space Center in Houston where leadership and […]

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Tokyo Stock Exchange to start Carbon Credit Trading on Oct. 11

The Tokyo Stock Exchange (TSE) will start trading carbon credits on October 11, 2023. The exchange began accepting application for registration from July, and the number of “Carbon Credit Market Participants” at the day of the opening date, is 188 participants. This is Japan’s first exchange-based carbon market as the world’s fifth-largest carbon dioxide (CO2) […]

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TotalEnergies, European Energy Partner on Renewable Projects in Multiple Geographies

TotalEnergies and European Energy have agreed to jointly develop, build and operate in a 65/35 joint-venture at least four GW of onshore renewable projects in multiple geographies. The partnership aims to leverage both parties’ strengths: TotalEnergies brings its strong experience in the construction and operation of large-scale projects coupled with its capability to market the […]

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