Author: omc_admin

The U.S. Senate voted Thursday to revoke two major truck emission rules from California, dealing a blow to the state’s push for zero-emission vehicles and tighter pollution limits. What’s RelatedEPA waivers had backed the Advanced Clean Trucks (ACT) regulation and the low-NOx Omnibus rule during the Biden administration. Both were designed by California’s Air Resources Board (CARB) to cut truck emissions and require more electric truck sales. With the Senate joining the House in voting to cancel the waivers, the resolutions now head to President Donald Trump, who’s expected to sign them into law. If that happens, the rules will…

In a statement posted on its website this week, the Railroad Commission of Texas (RRC) said it recently crossed a milestone in one of its key instruction programs, “training more than 300 employees in Phase I of the agency’s Boots on the Ground initiative”. The RRC noted in the statement that the goal of the program is to bring more consistency across all the agency’s oil and gas districts in how to apply commission rules and processes, “improving efficiency in the RRC’s day to day operations to protect Texans and the environment”. Phase I of the initiative is named ‘Introduction…

Tailored approach: Small and medium-sized banks gain simplified ESG reporting obligations; large listed banks face no new requirements. Implementation support: Transitional measures and supervisory flexibility will help institutions adapt to new disclosures. Alignment with EU taxonomy: Updates align ESG disclosure templates with the Green Asset Ratio and EU sustainability taxonomy. The European Banking Authority (EBA) has launched a public consultation to amend ESG disclosure requirements under the CRR3 framework, aiming to simplify compliance while enhancing transparency and consistency. This initiative supports the European Commission’s omnibus proposal to cut reporting costs and streamline sustainability reporting. The revised framework proposes a proportionate…

Natixis Investment Managers’ sustainability- and thematics-focused affiliates, Mirova and Thematics Asset Management announced today the launch of a strategic merger project, aimed at creating a “unique offering” combining innovation and positive impact, and becoming “a major player in thematic management worldwide. “ Mirova was launched as a subsidiary of Natixis Investment Management in 2014, with a focus on sustainable and impact investing. The firm currently manages €32 billion (USD$36 billion), including a €3.1 billion thematics offering integrating strategies focused on issues ranging from the environment, climate and biodiversity to job creation and diversity. Natixis launched Thematics AM in 2019 to provide investors…

Automated ESG Metrics for All: Singapore companies, especially SMEs, can now auto-generate Scope 1 and 2 emissions data for free using Gprnt’s integration with government utilities. Investor-Backed Acceleration: US$4.62M seed funding from Ant International and MUFG Bank to expand digital ESG infrastructure and onboard partners across Asia. Unlocks Green Finance Access: Platform enables firms to meet ESG reporting needs and qualify for green procurement and sustainable financing. Singapore has introduced a global first: a nationwide ESG utility platform enabling businesses to generate core sustainability metrics using verified government data—at no cost. Launched by the Monetary Authority of Singapore (MAS) through…

While the federal government of Iraq welcomes cooperation with U.S. energy firms, Baghdad noted on Friday that direct deals with the semi-autonomous Kurdistan region violate the Iraqi constitution and need to go through the federal authorities with federal approval.Earlier this week, the Kurdistan Regional Government (KRG) in northern Iraq formalized two major energy agreements with U.S. firms HKN Energy and WesternZagros in Washington, D.C.“These agreements lay a robust foundation for the strategic development of the Topkhana energy block in Garmian—an asset with significant commercial potential. This initiative is designed to strengthen energy security while generating attractive returns for stakeholders and…

The Golden Pass LNG project in Sabine Pass, Texas, will begin production by year-end, QatarEnergy chief executive Saad Sherida Al-Kaabi said. Together with QatarEnergy’s North gas field expansion projects at home, the project with Exxon Mobil Corp. will more than double QatarEnergy’s LNG production from the current 77 million metric tons per annum (MMtpa) to 160 MMtpa, according to Al-Kaabi. The first liquefaction train from the North Field east expansion project will start production by mid-2026. “As for North Field West, it is in the engineering phase and will be going into the construction phase somewhere in 2027”, Al-Kaabi, who…

90% electric operation: DHL’s new Extended Range Electric Vehicle (EREV) ran in electric mode for over 90% of its 22,000 km trial. Massive emissions cut: The pilot saved nearly 16 metric tons of CO₂e—over 90% lower than a traditional diesel truck. Operational flexibility unlocked: The integrated backup generator ensures reliability even when charging infrastructure is limited. DHL Group has unveiled a promising new emissions-cutting tool in its decarbonization strategy: the Extended Range Electric Vehicle (EREV), built in collaboration with Scania. Tested over 100 days between Berlin and Hamburg, the electric truck—with a built-in fuel-powered generator for battery recharging—delivered substantial carbon…

With new tariffs taking effect, trucking rules shifting, and global shipping disruptions growing, U.S. supply chains are facing a challenging summer. Karl Fillhouer, Vice President of Sales and Operations at Circle Logistics, shares his take on what these changes mean for freight volumes, logistics planning, and the months ahead. What’s RelatedSupply Chain 24/7: What is your initial reaction to the 90-day tariff reduction agreement between the U.S. and China? Karl Filhouer: This temporary easing is a cautiously positive step; however, a short-term ‘fix’ will not compensate for the long-term damage being done with our trading partners from around the globe.…

Data-Driven Decarbonization: Partnership enables enterprises to shift from estimated Scope 3 emissions to verified, actionable insights. Supplier Empowerment: Suppliers gain tools to measure, improve, and showcase carbon performance—driving competitiveness. Private Equity-Backed Scaling: Backing from Bridgepoint accelerates global rollout and integration of sustainability technologies. Green Project Technologies and Achilles have announced a strategic partnership designed to simplify and scale Scope 3 emissions management across global supply chains—an area long plagued by fragmented data and assumptions-based estimates. By integrating Green Project’s carbon accounting and engagement tools with Achilles’ supplier risk and sustainability performance data, corporates will gain a clearer view of their…