Lena McDonough

France

News Writer at Impakter

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Articles

Commission to Withdraw Greenwashing Law

5 days ago | impakter.com | Lena McDonough

Today’s ESG UpdatesEuropean Commission to Ditch Law Targeting Greenwashing: EU signals withdrawal of environmental claims directive as right-wing pressure mounts. UK Pledges £2B to Exempt Businesses from Green Levies: Industrial plan cuts energy prices for key sectors to boost industrial competitiveness. Scientists Urge Brazil President to Block Drilling: 250 scientists warn Lula of the consequences of newly approved licenses for offshore and Amazon drilling.
Biofuel Prices Spike as Israel-Iran Conflict Demands Oil Alternatives

1 week ago | impakter.com | Lena McDonough

Today’s ESG UpdatesIsrael-Iran Conflict Drives Biofuel Prices and Demand Up: Conflict in the Middle East and U.S. EPA biofuel blending mandates have led to renewed investor focus on plant-based fuels. Heidelberg Materials Opens Historic Carbon Capture Facility: Brevik CCS marks a global milestone in decarbonizing heavy industry and producing net-zero concrete.
Malaysia’s Prime Minister Announces $10.1B in Grid Modernization

1 week ago | impakter.com | Lena McDonough

Today’s ESG UpdatesMalaysia Commits to  $10.1 B Grid Upgrade: TotalEnergies, Petronas announce important developments at the Energy Asia conference in Malaysia. New York Debates Packaging Waste Reduction Bill: NYC is pushing for a bill to curb overflowing landfills, but faces fierce opposition from businesses. World Bank Report on Carbon Pricing: Carbon pricing covered 28% of emissions and mobilized over $100B for public budgets in 2024. California v.
Proxima Fusion Raises €130M for Fusion Plant

2 weeks ago | impakter.com | Lena McDonough

Today’s ESG UpdatesProxima Fusion Secures €130M for Fusion: Startup advances plans for the first stellarator-based fusion power plant to launch by 2031. World Bank to End Ban on Nuclear Energy Projects: The institution expands funding for nuclear power to help countries meet climate goals. Trump Claims Rare Earths Deal Settled with China: Experts warn that the potential deal offers little certainty in stability for critical mineral supply chains.
Texas Rewards BlackRock for ESG Retreat

3 weeks ago | impakter.com | Lena McDonough

Today’s ESG UpdatesOil-Rich Texas Rewards BlackRock for ESG Pullback: Asset manager exits key climate initiatives and regains access to $300B in Texas state funds. EU cracks down on Shein’s ‘dark patterns’: BEUC has accused the fast-fashion app of aggressive sales strategies and gaming user behavior. China Increases Scrutiny of Rare Earth Magnets: U.S. automakers warn of production halts as China tightens export rules and launches new tracking system.
Key gap in China’s Green Finance Regulations

3 weeks ago | impakter.com | Lena McDonough

Today’s ESG UpdatesChinese Banks are now the Largest Creditors to “Forest-Risk” Companies: New data shows $23B in financing linked to forest loss. European Stocks Surge Past U.S. Markets: Fiscal Strength and Trade Tensions Drive Capital Shift Toward EU Equities and Further Away from the U.S.Clean Energy Setbacks Hit $14B in the U.S. This Year: Policy uncertainty is significantly slowing the growth of renewable energy that was already funded and set to begin.
EPA to Slash Pollution Limits on Power Plants

1 month ago | impakter.com | Lena McDonough

Today’s ESG UpdatesEPA Seeks to Completely Eliminate Pollution Limits on Power Plants: Internal documents reveal a draft stating that U.S. power plants do not contribute significantly to climate change. New Report Reveals Rising Risks to Critical Mineral Supply Chains: Despite steady prices, the IEA warns of worsening supply concentration and investment slowdown.
Trump Threatens Tariffs on the EU and Apple

1 month ago | impakter.com | Lena McDonough

Today’s ESG UpdatesTrump’s Tariff Threats Rattle Markets: Global investors brace for renewed trade tensions and U.S. debt as Trump targets EU and Apple with new tariffs. ESG Strategies Targeted as Antitrust Violations in U.S. Courts: BlackRock, Vanguard, and State Street face legal pressure as ESG policies draw antitrust scrutiny from U.S. Republicans.
Amazon Rejects All Shareholder Proposals

1 month ago | impakter.com | Lena McDonough

Today’s ESG UpdatesAmazon Investors Reject All Shareholder Proposals: Proposals aimed at increasing transparency across Amazon’s entire supply chain. Greenland Grants Mining Permit for Sustainable Aluminum Input: Greenland Anorthosite Mining site will be operational in five years. New Report on Sea Level Rise and Future Inland Migration: Even if the 1.5°C goal is met, sea levels are rising faster than nations can build coastal defenses.
Trump Makes $200B AI Deals in UAE

1 month ago | impakter.com | Lena McDonough

Today’s ESG Updates The United Arab Emirates’ Push to Become a Global AI Leader: Trump makes a $200B deal with the UAE to develop the world’s largest AI campus outside the U.S. Meloni Warns EU Green Rules are Crippling Industry: Italian Prime Minister says the green transition is turning Europe into an “industrial desert.” New Report Details Fossil Fuel Industry’s History of Climate Deception: Union of Concerned Scientists has compiled decades of evidence showing how oil giants misled the...