Welcome to this week’s edition of #ElevatingNews, where we cut through the noise and spotlight the ESG stories that matter.
This week was about infrastructure – not just physical, but financial, regulatory, and digital. From Meta and Amazon plugging into next-gen energy, to carbon markets hitting a new financial milestone, the ESG landscape is moving beyond frameworks and into execution mode.
Let’s break down the stories.
🌍 Policy & Regulation
- EFRAG to Deliver ESRS Simplification Proposals by June 20
EFRAG confirmed it will release the first ESRS simplification package next week, following the European Commission’s mandate to ease reporting burdens without weakening content. The move could provide needed clarity and breathing room for first-time filers under CSRD. Read more→ - IFRS Foundation Publishes Global ISSB Adoption Profiles
The IFRS Foundation released its jurisdictional profiles showing how countries are progressing with ISSB sustainability disclosure standards. The profiles highlight rapid uptake in jurisdictions across Asia-Pacific, Europe, and Latin America, showing growing convergence around global baseline reporting.
Read more→
📈 Sustainable Finance & Metrics
- CDP Issues €500M Green Bond with Blockchain-Based Reporting
Italy’s national development bank CDP issued a €500 million green bond – the first in Europe to feature blockchain-enabled reporting. The issuance funds energy efficiency and renewables projects and sets a new bar for traceable, transparent impact reporting in sustainable finance. Read more→ - Carbon Markets Hit $100B+ Milestone Globally
Global revenues from carbon markets surpassed $100 billion for the first time, driven by both compliance and voluntary systems. Europe remains the dominant force, but emerging markets are showing rapid growth. Expect further momentum as companies and countries seek credible paths to net zero. Read more→ - SBTi Opens Consultation on Auto Industry Net-Zero Standard
The Science Based Targets initiative (SBTi) has launched a public consultation on a new sector-specific standard to accelerate decarbonization in the automotive industry. The proposal focuses on Scope 3 emissions, supplier engagement, and supply chain electrification. Read more→
⚙️ Corporate Action & Clean Energy
- Meta Signs Advanced Geothermal Deal in New Mexico
Meta has signed a 24 MW deal with Fervo Energy to power its data centers in New Mexico using next-generation geothermal technology. This is one of the first commercial deployments of enhanced geothermal in the tech sector. Read more→
- Amazon Taps Nuclear Power for Data Centers in Deal with Talen Energy
Amazon struck a deal with Talen Energy to supply nuclear power to its data centers in Pennsylvania. The agreement includes renewable integration and grid stability services. Read more→
That’s a wrap on this week’s #ElevatingNews!
When the world’s biggest platforms bet on geothermal and nuclear, and sovereign green bonds go blockchain-native, you know the transition is entering a new phase. Sustainability is becoming a system of how capital, compliance, and infrastructure interact.
What caught your eye this week?
Let’s keep the conversation going 👇
