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- Wednesday 26th March 2025
Wednesday 26th March 2025
NYC’s $280bn pension funds vow “not to retreat one inch” on climate, as Fidelity raises $330mn for green real estate and Amazon launches a new carbon credit platform. Despite 84% of firms staying the course on climate targets, Deloitte exits a key net-zero alliance and Big Four reports reveal major gaps in sustainability reporting. Wildfires rage in Japan and South Korea, Peru’s melting glaciers poison water, and climate change reshapes rivers, businesses in the Alps, and the UK food system. Meanwhile, Paris expands pedestrianisation, Guernsey eyes savings through climate action, and Drax snaps up a battery storage investor in a £200mn deal.
24 Hours In Sustainability
Worldwide Highlights
We will not retreat one inch’: $280bn NYC pension funds double down on climate commitments
PWC says 84% of companies keeping or accelerating climate targets however KPMG’s “Real-time ESRS: FAST 50” report highlight significant disparities in how companies approach sustainability reporting at the same time their fellow Big 4 Accounting firm Deloitte has pulled out of the Net Zero Financial Services Provider Alliance
Fidelity International raises over $330mn for climate-focused real estate fund
Impact of climate change:
Amazon launches carbon credit service to help net-zero committed companies access high-quality offsets
This muggy Indian city keeps cool with minimal AC [cached copy]
How technology designed to help us reach net zero can also leave zero waste and three examples of why the leanest factories are net zero
Paris to push on with pedestrianisation of 500 streets
Climate change is the backdrop to our lives but it’s missing in movies
UK Highlights
Trade body calls on Chancellor to support anaerobic digestion to achieve the UK’s energy security and net zero ambitions
Drax strikes £200mn deal to acquire UK battery storage investor Harmony Energy Income Trust
What next to progress the UK food system to net zero?
A sustainable future for the British flower industry?
Guernsey could save money if a new approach for the island to reach net zero is approved, a government committee has said