Global Climate News

1Komma5° has announced free installation of 500,000 smart meters, guaranteed marketing success, effective electricity price of 10 cents/kWh, and launched intraday trading through Heartbeat AI spinoff.

Nordea's Lead ESG Expert discusses biodiversity challenges, corporate sustainability reporting requirements, and upcoming national biodiversity strategies. Companies must now address nature-related impacts across their value chains.

Nordea has engaged with oil and gas companies through field trips to Texas and Calgary, promoting OGMP 2.0 membership for methane emissions reduction. 14 companies have joined the initiative targeting 45% reduction by 2025.

PSA Singapore and Evergreen Marine Corporation have formed a joint venture terminal in Singapore to enhance operational efficiency and sustainability, with operations starting end of 2024.

IBM released State of Sustainability Readiness Report 2024 and launched multiple AI-powered tools for sustainability, including Envizi ESG planning, Maximo asset management, and partnerships with WWF and UNDP.

Onyx Solar has launched new walkable solar tiles for floors, suitable for terraces, sidewalks, and patios. The company has supplied photovoltaic panels to Apple and Spanish institutions including Valencia's City of Arts and Sciences.

Net-Zero Banking Alliance released 2024 Progress Report showing strong progress in banks' climate commitments. Nordea, the only Nordic bank in NZBA Steering Group, highlighted for its transition assessment tool.

Fulan Offshore has deployed CLV Fu Yang for inter-array cable installation at Yangjiang Qingzhou VI offshore wind farm in China, a 1 GW capacity project by Three Gorges Corporation.

EvoPhase and Kwik Fab Ltd have unveiled AI-designed Birmingham Blade urban wind turbine, optimized for Birmingham's wind conditions. First prototype produced in aluminum, with commercial availability expected by late 2025.