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Independent analysis suggests retrospective change to data indicating climate change progress
Oil major bets billions on technology but backlash on US Gulf Coast threatens its ambitions
Working below the federal level, subnational entities in the United States are going their own way to help address the global climate emergency
The post U.S. states and cities are building a parallel system for climate diplomacy appeared first on Corporate Knights.
BHP Group is pulling back on key decarbonization projects in its Western Australian iron ore operations, slowing a climate strategy the miner had once positioned as central to its long-term growth plans, according to leaked internal documents cited by the Guardian and ABC’s Four Corners.
Overvalued offsets are nothing new. But some emissions-reduction projects don’t appear to exist at all, a Bloomberg investigation found
Canadian Energy Minister Tim Hodgson said he’s “highly confident” that Alberta oil sands companies can absorb the cost of building carbon capture, despite their protests that Canada’s climate rules hurt their global competitiveness.
The charity says more than half of attacks happened on or near land managed for game shooting.
The charity says more than half of attacks happened on or near land managed for game shooting.
Scientists say record-breaking heat is a reminder of how climate crisis is affecting livesThe fierce heat sweeping across Europe over the bank holiday weekend has beaten the UK’s all-time temperature record for May, with scorching highs of close to 35C.A temperature of 33.5C was recorded at Heathrow airport on Monday lunchtime, according to provisional data from the Met Office, beating the previous May record that was set in 1922 and reached again in 1944. Later in the afternoon a temperature of 34.8C was recorded at London’s Kew Gardens. Continue reading...
Jay Morris denies experts’ claims that he violated ethics rules over land deals near the site of Meta’s Hyperion datacenterThis story is from Floodlight, a non-profit newsroom that investigates the powers stalling climate actionFor more than two years, John “Jay” Morris, a Louisiana state senator, helped pave the way for Meta to build one of the world’s largest datacenters, called Hyperion, in Richland Parish. Continue reading...
The state saw 33 tornadoes last year and severe flooding as researchers say links to climate change are undeniableThe tornado hit west Ann Arbor at 1.45am on 15 April, passing through Veterans Memorial park, where it knocked several mature oak trees and ripped up baseball field fences before setting its sights on a local ice rink.“It came up through the parking lot and, in that time, the pressure differential between the tornado and the air inside the rink collapsed the wall,” said Scott Spooner, a manager at Ann Arbor Parks and Recreation. Continue reading...
Given the scale of its contribution to global heating, the world’s biggest miner has a duty to invest heavily in solutions that could have a global impactRevealed: the internal BHP memo that slammed the brakes on world’s biggest miner’s climate pushRead more from the BHP files investigation hereSign up for Adam Morton’s free Clear Air newsletter hereThe revelation that BHP cancelled and delayed commitments to act on the climate crisis should be a wake-up call.It matters in its own right: millions of tonnes of additional heat-trapping pollution will go into the atmosphere, adding to climate harm and making Australia’s climate targets that much harder to reach.Sign up to get climate and environment editor Adam Morton’s Clear Air column as a free newsletter Continue reading...
The UK is experiencing record-breaking temperatures in an unprecedented May heatwave, while large parts of Europe are also facing blistering conditions. As the climate crisis makes extreme heat more likely, are we prepared?Lucy Hough speaks to the Guardian reporter Helena Horton. Continue reading...
The world’s biggest miner has halted or delayed projects to cut vast amounts of emissions and has quietly war-gamed options to stall major climate investments in its Western Australian iron ore operations into the next two decades, according to documents leaked to the Guardian and ABC’s Four Corners. In a statement, BHP said its progress towards net zero emissions was dependent on technological shifts in trucks, trains and dozers, which were not yet ready to be deployed.Revealed: the internal BHP memo that slammed the brakes on world’s biggest miner’s climate pushRead more from the BHP files investigation here Continue reading...
Mr. Gore is still giving the slide show that “An Inconvenient Truth” was built around, but with changes that reflect a shift in the discussion of climate change.
In a forest in Madagascar, the demise of a centuries-old baobab points to the fraying of a fragile ecosystem.
In a devastated section of the Coral Triangle in the Pacific Ocean, a conservation group is trying to build an artificial reef.
BEIJING, May 25, 2026 /PRNewswire/ -- The brand value of Tanyang Gongfu black tea from Tanyang Village of Fu'an City in southeast China's Fujian Province, reached 9.545 billion yuan in 2025, ranking among China's top 50 regional public brands.
The figure reflects strong growth in Tanyang, where the village's collective income hit 2.9 million yuan in 2025, up 35 percent year-on-year, and per-capita net income reached 39,800 yuan.
Fu'an has expanded the model beyond one village. Seven villages now form the "Greater Tanyang" rural revitalization partnership, with combined collective income exceeding 6.3 million yuan. The alliance has created jobs for over 200 villagers, with per-capita disposable income reaching 29,000 yuan. Tanyang Village was named a Fujian provincial international exchange base in 2025.
Tanyang Gongfu tea dates to the Qing Dynasty. It has been recognized as one of China's geographical indication products.
Quality control underpins the brand's value. A tea industry technology hub jointly operated by China Agricultural University and provincial research institutes promotes eco-friendly farming. The village has developed a 58-mu low-carbon tea garden demonstration site and over 6,100 mu of smart tea gardens, improving quality across 14,200 mu of production area.
Cultural tourism now drives secondary growth. Old factory buildings have been converted into a tea museum, craft workshops and a 5G-enabled smart tea garden. Three themed education routes attract over 1,000 trainees annually.
Product innovation targets younger consumers. New offerings include tea-based cocktails, tea-infused coffee, and fruit-flavored tea beer. One tea-liquor blend generates over 5,000 yuan in daily sales at peak times.
The seven villages have pooled resources and capital to establish an eco-agriculture company operating under a four-party business model. It has directly created employment for more than 40 people. Projects within the zone include a digital nomad hub, a black tea craft workshop, and a 15-mu flower base.
Original link: https://en.imsilkroad.com/p/350697.html
- Held 'MAJU:ON Final Demo Day' in Jakarta on May 21, recognizing outstanding startup teams and providing investment opportunities
- Follow-up initiatives, including joint-fund financing and invitations to bilateral conferences, to help foster global expansion
JAKARTA, Indonesia, May 25, 2026 /PRNewswire/ -- SK Innovation E&S is supporting the growth of Indonesia's youth entrepreneurship ecosystem by providing practical and comprehensive support to young entrepreneurs throughout the entire startup lifecycle.
SK Innovation E&S announced that it successfully hosted the 'MAJU:ON Final Demo Day' on May 21 at the Garuda Spark Innovation Hub in Jakarta, Indonesia.
The 'MAJU:ON' project is a youth entrepreneurship support initiative in the energy and environmental sectors that SK Innovation E&S has operated in Indonesia since 2025, in collaboration with Korean ESG solution company UD Impact. The 'Demo Day' event was organized to showcase the achievements of the first cohort of startup teams participating in the MAJU:ON program.
The event featured congratulatory remarks from distinguished guests, a special lecture by industry experts on energy transition and AI technologies, business model presentations and an awards ceremony for 10 startup teams, as well as one-on-one investment consultation sessions with venture capital firms.
The event was attended by key representatives from Indonesia's Ministry of Energy and Mineral Resources (ESDM), Ministry of Investment (BKPM), Ministry of Micro, Small, and Medium Enterprises (UMKM), Ministry of Communication and Digital Affairs (KOMDIGI), and the Embassy of the Republic of Korea in Indonesia, along with representatives from eight regional hub universities and ANGIN (Angel Investment Network Indonesia), one of Indonesia's leading venture investment networks. Approximately 200 people attended the event.
Dr. Ir. Hariyanto, Chief of Planning Bureau at Indonesia's Ministry of Energy and Mineral Resources, stated, "We express our highest appreciation and will continue to support young entrepreneurs who drive innovation in the energy sector". He added, "We also commend SK Innovation E&S for its outstanding contribution in preparing future leaders in the energy field" in a congratulatory speech delivered during the event.
Five teams, including three grand prize winners and two special award recipients, were selected based on a comprehensive evaluation – combining scores from a panel of expert judges and the results of a mock investment session conducted by the audience. During the mock investment session, audience members allocated virtual investment funds to the startup teams they considered most promising after listening to their presentations.
The top honors were awarded to teams GISACT, AIGRA, and Lifeguards. Among them, team GISACT, which won the first place, drew particular attention for its spatial intelligence platform that supports optimal decision-making through data-driven analysis of complex geographic information across fields ranging from disaster response to agriculture. The judging panel highly commended GISACT for its differentiated competitiveness, noting that the team had set itself apart from existing solutions through its outstanding technological capabilities.
The first-place team, GISACT, received a prize of USD 4,000. The second-place team, AIGRA, which presented an AI-based agricultural produce spoilage prevention system, and the third-place team, Lifeguards, which introduced a technology to extend the freshness of fruits and vegetables, received USD 2,500 and USD 1,500, respectively.
A total of five winning teams, including two special award recipients – Aruponic and WearaTech – will have the opportunity to engage in global networking with young Korean entrepreneurs at the Korea-Indonesia joint conference scheduled for September. In addition, subject to eligibility review, they may also receive interest-free loans totaling KRW 20 million through a fund jointly established by UD Impact and ANGIN.
Anjar Dimara Sakti, CEO of GISACT, said, "Through the MAJU:ON project, we were able to turn our idea into a concrete business. We believe this experience will serve as an important turning point in taking our business to the next level." He added, "We are deeply grateful to SK and UD Impact for the support that has enabled young Indonesian entrepreneurs to pursue their goals and expand their dreams of entering the global market."
Over the past 10 months, SK Innovation E&S has identified and fostered approximately 130 startup teams and around 460 young Indonesian entrepreneurs in the energy and environmental sectors through the MAJU:ON project. In August of last year, the company signed memoranda of understanding with eight regional hub universities and recruited participating teams, providing them with a four-week startup support program. In November, it subsequently hosted a startup hackathon. The 10 outstanding teams selected through the competition received advanced entrepreneurship and management training, as well as opportunities to engage with key Indonesian government officials and energy-sector experts through the 'Networking Day' program.
Following the successful outcomes of the MAJU:ON program, SK Innovation E&S plans to continue supporting the development of young Indonesian entrepreneurs through future initiatives, including the launch of the second cohort of the MAJU:ON program.
Shon Dong-kun, President Director of SK Innovation E&S Indonesia, said, "Through the MAJU:ON project, we witnessed the tremendous potential of young Indonesian entrepreneurs. We hope this program will serve as a bridge connecting the industrial ecosystems of Indonesia and Korea."
SK Innovation has continuously invested in Indonesia across key industries, including energy and resource development. In particular, the company invested in Indonesia's Tangguh gas field in 2006 and has since imported liquefied natural gas (LNG) produced in Indonesia through long-term contracts. In 2025, SK Innovation also secured three exploration blocks – Serpang, Binaiya, and North Ketapang – through a government-led bidding process and is currently advancing resource development projects in the region.
SK Innovation is a total energy and solution company affiliated with the SK Group, which is Korea's second-largest conglomerate with about 200 subsidiaries. SK Innovation is the largest private energy company in the Asia-Pacific region, with total assets exceeding KRW 100 trillion.
Based on its diverse business portfolio, SK Innovation has maintained strong partnerships with Indonesia. In 2025, SK Earthon (Oil Exploration & Production business subsidiary of SK Innovation) secured three oil and gas blocks—Serpang, Binaiya, and North Ketapang—to accelerate its resource development business in Indonesia.
In addition, SK Innovation is committed to creating social value in Indonesia through various activities such as education and scholarship programs, blood donation campaigns, support for local festivals, and vocational training.
SK Innovation E&S specializes in LNG, hydrogen, and energy solutions within the SK Innovation group. Since its establishment as a city gas holding company in 1999, SK Innovation E&S has completed the global LNG value chain, growing into Korea's No.1 private LNG business operator. Through continuous networking with countries including Indonesia, SK Innovation E&S strives to expand its global business portfolio.
CHANGZHOU, China, May 25, 2026 /PRNewswire/ -- State Grid Changzhou Power Supply Company (State Grid Changzhou) recently announced the successful completion and energization of a supporting power project for centralized electric vehicle (EV) charging stations at Chengbei Community in Jintan District, Changzhou City, Jiangsu Province. The newly installed box-type transformer is now fully operational, delivering reliable power supply and providing robust energy support for residents' green travel.
Constructed in the early years, Chengbei Community faces inadequate infrastructure. With the surging ownership of new energy vehicles (NEVs) among residents, the demand for convenient charging solutions has grown exponentially. The construction of centralized charging stations required multi-party coordination among investors, the community committee, and property management.
Taking a proactive service approach, State Grid Changzhou organized multiple on-site coordination meetings to negotiate and resolve key challenges, including power access, substation siting, and construction scheduling. The company ultimately formulated an optimized implementation plan. Despite complex underground pipelines and limited operating space within the community, the project team efficiently completed on-site construction, ensuring the charging stations were ready for immediate use upon completion.
The commissioning of the new power facilities effectively alleviates the charging shortage for residents in Chengbei Community and surrounding areas, significantly enhancing the supporting infrastructure of the old residential community.
Since the start of 2026, State Grid Changzhou has prioritized meeting the demand for green mobility through a series of targeted initiatives:
- Launching its first key project to enhance community charging service capabilities;
- Facilitating the opening of Jintan's first three public bus charging stations to the public;
- Building new supplementary charging stations for long-distance rural-urban bus routes in Jintan;
- Expanding the network of convenient public charging service points.
These measures have substantially improved residents' sense of gain, happiness, and security in electricity use.
Moving forward, State Grid Changzhou will continue to prioritize people's livelihood needs and actively integrate into the urban renewal of old communities. The company will further optimize the layout of the local charging network to promote the adoption of green mobility. By providing more reliable power guarantees and customer-centric services, State Grid Changzhou is committed to driving the coordinated development of urban regeneration and low-carbon transportation, contributing solid power support to the construction of a resource-saving and environmentally friendly society.
PASAY CITY, Philippines, May 25, 2026 /PRNewswire/ -- SM Investments Corporation (SM Investments), the parent company of the SM Group, said the Group increased its renewable energy sourcing to 31% of total electricity consumption in 2025, up from 27% in 2024, as it continued expanding cleaner energy use across its businesses.
The Group sourced approximately 730 million kilowatt-hours (kWh) of electricity from renewable energy sources during the year.
The shift to renewable electricity helped avoid 370,644.07 metric tons of carbon emissions, equivalent to taking around 296,954 electric-powered passenger vehicles off the road for one year.
"For us, investing in renewable energy is both a sustainability and business decision," SM Investments President and Chief Executive Officer Frederic C. DyBuncio said. "It helps us manage long-term energy costs, improve operational efficiency and build more resilient businesses to help us better serve our customers, tenants, communities and other stakeholders."
Leading the Group's broader renewable energy strategy is the Philippine Geothermal Production Company (PGPC), a wholly-owned subsidiary of SM Investments that currently operates the Mak-Ban and Tiwi steam fields in the Provinces of Batangas, Laguna and Albay supplying geothermal steam that can generate up to 400 megawatts of clean renewable energy to power households, offices and industrial facilities around the clock.
PGPC is developing new geothermal sites in six locations in Luzon that have the potential to provide up to 400 additional megawatts of clean, renewable geothermal power for the country.
Mak-Ban and Tiwi steam fields in Laguna and Albay alone can generate enough geothermal steam to power up to one million households annually.
"Reliable and affordable energy is important not only for businesses but also for communities and the broader economy," Mr. DyBuncio added. "We believe renewable energy, particularly geothermal, can help strengthen long-term energy security while supporting economic growth."
Across the Group's integrated developments, renewable energy adoption continues to expand. SM Prime Holdings, Inc. has installed more than 200,000 solar panels across 69 properties as part of its broader energy efficiency initiatives.
The Group's renewable energy transition is also increasingly reflected across its broader business ecosystem.
Alfamart recently installed solar panels at its Saraiya Distribution Center in Quezon Province with a solar peak capacity of 120.28 kilowatt-peak (kWp), helping improve operational efficiency within its supply chain network.
Meanwhile, the Group's banking units continue to support sustainable financing initiatives. As of end-2025, BDO Unibank, Inc. has funded a total of PHP 1.21 trillion in sustainable projects, including 71 renewable energy developments amounting to PHP 177 billion. China Banking Corp., for its part, provided PHP72 billion in financing for energy access, renewables and energy efficiency projects in 2025.
SM Investments said the Group continues to integrate sustainability and operational efficiency across its retail, property, banking, and portfolio investments.
About SM Investments Corporation
SM Investments Corporation (SM) is an owner-operator of market-leading businesses in retail, banking, and property, with investments in high-growth opportunities in the Philippine economy. Through its portfolio, SM generates resilient cash flows and reinvests with discipline to compound value over the long term.
Its retail operations are the largest and most diversified in the country. Its property arm, SM Prime Holdings, Inc., is the largest integrated property developer in the Philippines. Its banking interests include BDO Unibank, Inc., the country's largest bank, and China Banking Corporation, one of the country's largest private domestic banks.
For more information, please visit www.sminvestments.com
The Malaysia-headquartered bank's sustainability chief tells the EB Podcast about the discipline's mandate to prove value, wrestling with NGOs, and greenwashing in finance.
Emerging markets face gaps in equity financing, currency risk protection and scalable investment structures, say experts, who warn that climate projects will not be bankable without stronger policy support and financial reform.
ESG is meant to align environmental, social and governance priorities. But companies are increasingly being forced to choose between competing issues as ESG starts to break apart. How should companies rethink their approach?
Alphabet's Google has launched a new Asia-Pacific accelerator programme focused on using artificial intelligence (AI) to support climate and environmental projects, as technology companies increasingly seek to position AI as a tool for tackling global sustainability challenges despite concerns over the technology's own growing energy footprint.
Singapore banking group DBS has partnered with the Climate Bonds Initiative (CBI) to develop financing approaches for climate adaptation and resilience in Asia-Pacific, as governments and financial institutions increasingly focus on the economic costs of climate change.
