The European Investment Bank (EIB) Group has reaffirmed its commitment to global challenges in its Global Impact Report 2023/2024, highlighting its focus on sustainability, gender equality and post-conflict reconstruction. With more than EUR 8.4bn earmarked for projects around the world, the EIB has placed emphasis on strategic sectors such as climate action, digital innovation and

A recent study by the National Bureau of Economic Research (NBER) reveals figures to watch out for on the economic impacts of climate change. According to the research, a 1°C rise in global temperature could reduce global GDP by 12%, a drop six times larger than estimated in previous studies. This figure underlines the magnitude

The European Union has published on 14 October 2024 an implementation plan for sustainable finance regulations, a comprehensive regulatory framework that will transform the reporting obligations of financial and non-financial companies over the next five years. This timeline, which ends in 2029, marks a new era of transparency and corporate accountability, with the aim of

For the first time in history, wind and solar generated more electricity than fossil fuels in the European Union during the first half of 2024, according to a recent analysis by the Ember Group. These renewables accounted for 30% of the electricity produced in the EU, outstripping the 27% generated by fossil sources such as

CCH Tagetik, recognised globally for its Corporate Performance Management (CPM) solutions, has taken a quantum leap into financial digitisation with the launch of its AI-powered CCH Tagetik Intelligent Platform. This new platform uses both generative and operational artificial intelligence technology, optimising critical processes such as planning, financial performance analysis and data consolidation. According to Ralf

The Task Force on Nature-related Financial Disclosures (TNFD) and the European Financial Reporting Advisory Group (EFRAG) have jointly published a guide that harmonises the European Sustainability Reporting Standards (ESRS) with the TNFD disclosure recommendations. This action highlights the remarkable overlap between the two frameworks, making it easier for companies to comply with the Corporate Sustainability