EY advised Alternus Energy Group, a leading international solar PV operator and developer, in selling a portfolio of operational solar PV projects in Poland totaling 89 MW.
The US and Europe will face slowing demand and sales for electric vehicles (EVs) in the near term, while China is set to see steady growth.
EY predicts that by 2030, there will be over 75 million electric vehicles operating across different charging networks in Europe.
An EY survey found that experts are much more likely to take concrete action by stepping up investment in sustainability. Nine out of 10 companies (90%) said they plan to increase their investments in sustainability. The survey also identified a key link between effective board sustainability governance and company business performance.
Electric vehicles are expected to reach 55% of total global vehicle sales by 2030, but lack of collaboration could impact adoption and decarbonization goals, according to a study from EY and Eurelectric. The study underscores the need for a collaborative and coordinated response from eMobility ecosystem players in pursuit of decarbonization goals, with utilities, in particular, playing a pivotal role.
A study conducted by EY among 1,325 companies shows that 76% consider ESG to be a main or important investment criterion, and 5G investments are the most likely to involve ESG as a main objective. Responding companies show that emerging technologies offer a wide range of positive contributions to their sustainability efforts, with reducing energy consumption and improving sustainability measurement at the top of the list.
Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.
The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.
Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.
Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
