"Sustainable Economy" News Archive

There’s a need for conscious and responsible fashion consumption and a radical redefining of the production model that is not based on exploitation and does not violate the human rights of the poorest. Today, the low-cost clothing industry isn’t viable.

The evolving discussion on double materiality holds significant implications for accounting standards and finance, with the IFRS set to determine its direction before COP26, shaping the path towards a net-zero economy.

The European Commission introduced the Green Claims Directive on March 22, 2023, in response to increased consumer demand for eco-conscious products, aiming to combat greenwashing and promote transparency in environmental claims.

The European Union has achieved a landmark provisional agreement, requiring large companies in the bloc to proactively tackle adverse environmental and human rights impacts in their supply chains through the Corporate Sustainability Due Diligence Directive (CSDDD).

The Fifth Circuit U.S. Court of Appeals has temporarily halted the SEC's new climate disclosure rule, signaling a pivotal moment in the debate over mandatory reporting of climate risks and GHG emissions by companies.

The European Outdoor Group mandates members to commit to the Race to Zero initiative by 2024, securing substantial support with an 88% approval in a recent vote among 106 eligible members.

Plastic Energy Ltd., Freepoint Eco-Systems LLC and TotalEnergies have announced a strategic partnership in the U.S. Under this agreement, Plastic Energy and Freepoint Eco-Systems plan to build an advanced recycling plant in Texas, which will transform end-of-life plastic waste into a recycled feedstock called TACOIL using Plastic Energy’s patented technology. TotalEnergies will convert this raw material into virgin-quality polymers, which can be used for food-grade packaging.

JP Morgan Chase Bank, N.A. and Sudrania Fund Services Corporation serve as fund administrators for the trusts.

The Spanish fashion company Ecoalf was in attendance to discuss and seek solutions that change the way brands produce, develop the circular economy and preserve biodiversity.

The SEC has introduced new rules that aim to standardize climate-related disclosures, emphasizing Scope 1 and 2 greenhouse gas emissions.