Blockchain technology plays a key role in improving the efficiency of circular economy processes, providing transparency, traceability and automation. With the increasing adoption of circular economy principles by businesses, blockchain is emerging as a powerful tool to facilitate these transformations. Here's how it improves these practices: Transparency and traceability Blockchain creates immutable…
With 94% of investors relying on ESG ratings at least once a month, the influence of these tools on financial markets has grown. However, the integrity of the data and the consistency of these estimates are subject to scrutiny, esgnews.com writes. As governments begin to introduce voluntary codes and regulations, CDP tracks and advises policymakers on how to maximize impact.…
Global methane emissions are rising to record high levels, driven largely by human activity - and this is putting climate targets at risk, euronews.com writes. Data from The Global Methane Budget 2024 report, published in the journal Earth System Science Data, is a comprehensive analysis of methane trends and their implications for changing…
China is seeking public feedback on its plan to include cement, steel and aluminum production in its carbon trading scheme (ETS) by the end of the year. With this move, the country hopes to increase liquidity in the market, reports Reuters. China's carbon market consists of a mandatory trading system with…
The ESGnews.bg "ESG AWARDS" 2024 competition will, for the first time, on September 19, recognize companies and organizations that strive not only for economic success, but also for creating a positive impact on the environment, society and good governance. The winners of the "ESG AWARDS" 2024 will be honored in four categories - "Sustainable Strategy", "Sustainable Leader", "Sustainable Investor" and "Sustainable Management...
Starting today, Bulgarian companies can apply for the "Innovative Enterprise of the Year" Competition, which will be held for the 2024th time in a row in 20. The competition is open to all Bulgarian enterprises, which in the last three years have developed and implemented innovations of high quality and originality and have an impact on the national and global market. The contest…
Trillions of dollars in bank financing to fossil fuel companies is channeled through opaque financial centers in several countries, including the Netherlands, research published by Reuters shows. The study by the Tax Justice Network, which campaigns against tax havens, highlighted the lack of transparency in the financing of energy companies. It explores syndicated financing from 60 global banks worth…
Bulgaria had to propose only one candidate for European Commissioner and indicate the department for which it is fighting. This opinion was expressed by the former deputy. Foreign Minister Milen Keremedchiev in front of Nova TV. "Bulgaria is the only one of the 27 member states that submitted 2 candidacies for European Commissioner and thereby pleased Ursula von der Leyen. We are doing this for the second time…
Europe faces an "existential challenge" to increase its productivity, according to Mario Draghi's long-awaited 400-page report on European competitiveness, with key priorities focused on advancing the technology sector and ensuring a successful transition to climate neutrality. com. “Now more than ever we have to rely on productivity, but productivity…
Mandatory climate reporting in Australia begins on 1 January 2025, following the passage of the Treasury Bill to amend the laws. Royal Assent is expected soon, meaning organizations will need to prepare for this new requirement, reports esgnews.com. Under the new law, companies must conduct scenario analyses, such as…
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