Author: omc_admin

Harbor offers corporate sustainability professionals a dedicated global platform for peer connection, policy updates, and strategic insight. Access to Harbor is free, with an optional premium tier (Harbor+) featuring exclusive sessions and ESG policy briefs. The platform addresses mounting ESG pressures by providing community support and expert guidance. Datamaran has launched Harbor, a global community platform exclusively for in-house corporate sustainability professionals. The platform offers peer engagement, expert insights, and regulatory updates tailored to ESG leaders navigating rising stakeholder expectations and evolving compliance demands. “Today’s sustainability leaders are driving change under intense scrutiny,” said Marjella Lecourt-Alma, CEO and co-founder of…

Lower upstream spending amid falling oil prices is set to slow the growth in oil supply from producers outside the OPEC+ pact this year and next, OPEC said in its monthly report on Wednesday.Liquids supply from OPEC+’s rivals – including the United States – is set to increase by 800,000 barrels per day (bpd) in 2025, down by 100,000 bpd compared to OPEC’s assessment of 900,000-bpd growth last month.In 2026, liquids supply from non-OPEC+ producers is expected to rise by another 800,000 bpd, also down by 100,000 bpd from last month’s assessment, OPEC said in its Monthly Oil Market Report…

Middle East, Africa, and South Asia (MEASA)-focused financial hub Dubai International Financial Center (DIFC) announced the launch of the “1 Million Learners” initiative, aimed at helping to build a skilled workforce “capable of driving sustainable economic growth,” and with a goal of equipping one million individuals with knowledge in sustainability and sustainable finance by 2030. The program seeks to redefine how sustainability education is delivered at scale, equipping a new generation of professionals with the knowledge to drive meaningful change, DIFC said, adding that it seeks to ensure that the 1 Million Learners initiative achieves scale while delivering meaningful benefits…

Hapag-Lloyd, the world’s fifth-largest container shipping company, says business is booming this week as shipping demand between China and the U.S. takes off again. What’s Related“The last couple of days we see a huge surge of volume and now we need to see how long that lasts,” CEO Rolf Habben Jansen told Bloomberg Television on Wednesday. Jansen said that bookings between China and the U.S. have been up more than 50% in recent weeks. He called it a “pretty significant” increase and said other global trade lanes remain steady for now. The boost follows a newly announced 90-day truce between…

$1.7B raised for second long-life infrastructure fund targeting clean energy, transmission, and digital assets in high-growth regions. Nearly 50% deployed, including solar assets in India and electricity transmission deals in Brazil. Strong investor backing from global pension funds, sovereign wealth funds, insurers, and funds of funds. Actis has closed fundraising for its second Long Life Infrastructure Fund (ALLIF2), securing $1.7 billion in commitments. The fund focuses on brownfield infrastructure assets across fast-growing markets in Asia, Latin America, Central and Eastern Europe, the Middle East, and Africa. The strategy targets clean energy, electricity transmission, district cooling, toll roads, and digital infrastructure,…

Environmental group Friends of the Earth Netherlands (Milieudefensie) announced that it is preparing to launch a new climate case against Shell, and has sent a letter notifying the energy giant of its plans to launch legal proceedings demanding that the company stops drilling for new oil and gas fields and be given court-imposed CO2 emissions reduction targets. In a statement provided to ESG Today by Shell, the company acknowledged receiving the letter, but stated that the organization’s demands “will not advance the energy transition.” Shell added: “As the world continues to use oil and gas to heat homes and to…

India’s coal imports fell by 9.2% in the period April 2024 – February 2025 from a year earlier as domestic production rose by more than 5%, data from the Indian Ministry of Coal showed on Wednesday.Imports of all types of coal fell to 220.3 million tons in the 11 months to February 2025—the first 11 months of the Indian fiscal year ending March 2025.The lower coal imports saved India nearly $6.93 billion, according to the coal ministry.At the same time, India’s coal production increased by 5.45% during the period, to 929 million tons.India’s push to boost domestic coal production and reduce…

$1.4B green facility signals strong institutional confidence in STACK’s stabilized North American data center portfolio. Enhances STACK’s financial agility and balance sheet strength to support global growth and innovation. Marks over $21B raised to date, reinforcing STACK’s role as a leading hyperscale infrastructure provider. STACK Infrastructure has secured a $1.4 billion green financing facility backed by 10 fully stabilized, revenue-generating data centers across North America—a move that underscores capital providers’ growing confidence in the company’s long-term viability and market leadership. “This financing demonstrates STACK’s differentiated market position and our ability to attract scale capital across the development cycle,” said Heather…

Tallgrass said Tuesday it has signed anchor shipper precedent agreements for a planned Permian Basin pipeline that would carry up to 2.4 billion cubic feet of natural gas. The firm transport commitments “financially justify construction of the pipeline project, subject to customary regulatory and corporate conditions and approvals, with a target in-service date in late 2028”, the Kansas City-based energy transport infrastructure company said in an online statement. Tallgrass said it would launch an open season for more shippers to subscribe and for the company to determine the pipeline’s ultimate capacity. The pipeline is planned to pick up gas from…

London: OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider OPEC+ group this year and said it expected lower capital spending following a decline in oil prices.Supply from countries outside the Declaration of Cooperation – the formal name for OPEC+ – will rise by about 800,000 barrels per day in 2025, OPEC said in a monthly report, down from last month’s forecast of 900,000 bpd. Lower supply growth from outside OPEC+, which groups the Organization of the Petroleum Exporting Countries plus Russia and other allies, would make it…