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Green bond issuance supports environmental and social infrastructure investments in Finland. Fixed 4.00% annual interest and 5-year maturity offers predictable yield in volatile markets. Part of MuniFin’s EUR 50B debt programme, reinforcing its role in sustainable capital markets. Municipality Finance Plc (MuniFin) has issued a NOK 2 billion green bond, maturing on 19 August 2030 with a fixed annual interest rate of 4.00%, as part of its EUR 50 billion Medium Term Note (MTN) programme. The proceeds will finance sustainable infrastructure, including public transport, energy-efficient buildings, and social services facilities. “MuniFin builds a better and more sustainable future with its…

82% of tax executives anticipate increased public tax disclosure requirements within three years. 86% report progress toward “Tax Administration 3.0,” though confidence in AI benefits is waning. Sustainability has surged in importance, now a top-three priority with mounting carbon compliance costs. As global tax regimes shift under pressure from rising regulatory demands and digital disruption, tax leaders are intensifying focus on transparency, digital readiness, and sustainability strategy—according to Deloitte’s 2025 Global Tax Policy Survey. Deloitte surveyed over 1,100 senior tax and finance professionals across 28 countries. The findings show companies are simultaneously navigating both stability in longstanding reporting demands and…

Indian Oil plans to make an equity investment of ₹1,086 crore to add 4.3 GW of green energy capacity. The company’s board approved a proposed equity investment of ₹1,086 crore in subsidiary Terra Clean Ltd. for setting up 4.3 GW of renewable energy capacity, Indian Oil said in a public filing on Wednesday. This is on top of the already public plan of an equity investment of ₹1,304 crore in Terra Clean for setting up 1 GW of renewable capacity.Indian Oil Corp reported a profit of ₹7,265 crore in the fourth quarter, a 50 per cent rise from a year…

Nearly half of supply chain leaders say they plan to pass new tariff costs directly to customers, according to a new Gartner survey. The second most popular strategy? Making changes within their supply chains. The survey polled 126 supply chain leaders between March 17 and April 7, with most respondents coming from companies that earn over $1 billion a year. What’s Related“Supply chain leaders have many potential levers to pull from in mitigating new costs related to tariffs,” said Vicky Forman, Senior Director Analyst at Gartner. “While supply chain leaders have multiple initiatives underway to potentially lessen the impacts, many…

London-based sustainable infrastructure investment firm Pioneer Point Partners announced that it has raised over €1.1 billion (USD$1.2 billion) for its second sustainable institutional fund, Pioneer Infrastructure Partners II. The firm noted strong demand for the sustainable infrastructure-focused fund, with fundraising reached only twelve months following launch, and significantly exceeding its initial €800 million target. The fund is classified as Article 9 under the EU’s SFDR regulation. Launched in 2008, Pioneer focuses on the energy transition and environment sectors across Western Europe, targeting the lower mid-market, value-add segment. Investors in the fund included public and private pension funds, insurance companies, asset…

Kering commits to achieving a Net Water-Positive impact across its value chain by 2050, with tangible outcomes in key hotspots by 2035. The luxury group introduces three strategic programs to improve water quality, quantity, and access—starting with a dedicated Water Resilience Lab in Tuscany. Kering shifts from reduction to regeneration, aligning water stewardship with climate and biodiversity goals through a holistic Climate-Nature-Water approach. Kering has launched its first-ever Water-Positive Strategy, committing to a Net Water-Positive Impact by 2050 and targeting measurable water improvements in 10 high-risk basins by 2035. The strategy marks a major shift in the luxury fashion industry,…

Real-Time Carbon Tracking: Mangrove’s digital MRV enables secure, real-time monitoring of CO₂ from capture to underground storage. Accelerated Credit Certification: Streamlined data workflows enhance speed and accuracy in issuing and verifying carbon removal credits. Blueprint for Scalable BECCS: The North Star project offers a replicable model for high-integrity, digitally verified carbon removal. Carbon Alpha has partnered with Mangrove Systems to embed advanced digital monitoring, reporting, and verification (MRV) technology into its flagship North Star carbon removal project—Canada’s first large-scale bioenergy with carbon capture and storage (BECCS) initiative. Developed in collaboration with the Meadow Lake Tribal Council (MLTC), the North Star…

ESG ratings can now be withdrawn if a firm lacks BRSR filings or has no subscribers. Issuer-pays models require 3-year coverage and 75% bondholder approval for withdrawals. India aligns ESG withdrawal norms with credit rating standards amid global reporting shifts. India’s market regulator, the Securities and Exchange Board of India (SEBI), has introduced definitive guidelines for when and how ESG (Environmental, Social, and Governance) ratings can be withdrawn by registered rating providers. These changes aim to address operational challenges raised by rating agencies and stakeholders, and bring ESG withdrawal norms in line with long-established credit rating protocols. The move comes…

UPS will cut about 20,000 jobs this year and close 73 buildings, part of a major cost-cutting effort tied to fewer package deliveries from Amazon. The job cuts represent just over 4% of the company’s workforce. They are part of its larger’ Network of the Future’ strategy, which includes running fewer buildings, using more automation, and making the business more profitable. What’s RelatedThe company said the changes will save $3.5 billion in 2025. UPS currently has around 490,000 employees worldwide. “These actions will enable us to expand our U.S. Domestic operating margin and increase profitability,” said Brian Dykes, Chief Financial…

Royal Bank of Canada (RBC) announced that it has decided to drop its target to mobilize $500 billion in sustainable finance, and has held off on providing some climate finance-related disclosures, following changes to greenwashing regulations in Canada. The announcement, revealed in RBC’s 2024 Sustainability Report, follows the passage of amendments last year to Canada’s Competition Act, aimed at tackling greenwashing, or unsupported claims by companies about the environmental benefits of their products or business activities. At the time of the law’s passage, experts warned that while aiming to protect consumers from misleading claims, the amended law could also introduce…