Today’s ESG Updates: Key Highlights
Microsoft and OpenAI have entered a non-binding agreement permitting OpenAI to restructure as a for-profit entity, aimed at raising capital and eventually going public. This shift could impact their current partnership amid Microsoft’s development of its own AI models.
Germany’s automakers and unions are urging the EU to reconsider its 2035 ban on combustion engines, citing slow EV market growth and supply chain issues. They advocate for more flexible CO2 regulations to enhance competitiveness while still supporting sustainability.
In Canada, discussions are ongoing about possibly dropping the federal emissions cap on the oil and gas sector, which has faced backlash for potentially limiting production.
Lastly, BlueInvest Africa 2025, an EU event featuring 24 innovative start-ups, will support sustainable solutions for Africa’s coastal challenges. These updates underscore the significance of ESG strategies in today’s evolving business landscape.
For tools that enhance ESG compliance, explore Klimado for climate tracking solutions.
