A report from the London Stock Exchange showed that the value of the global green economy has increased from $7.2trillion at the start of 2024 to $7.9trillion by the beginning of 2025 and with a CAGR of 15% over the last decade. It is, said the sustainability consultancy, the world’s second-fastest-growing sector, behind the technology industry.
The latest annual report records some significant milestones announced this year. In addition to information about harmonisation and streamlining of sustainability measures, the report looks at progress and challenges for anyone shaping environmental policy and business strategies.
It records international advances in carbon reduction, renewable energy, climate adaptation and the integration of biodiversity into corporate governance seen in 2025. It also provides an overview of the regulatory landscape, including updates linked to the Corporate Sustainability Reporting Directive (CSRD), the UK’s PPN 006, global biodiversity frameworks and the latest standards from the Science Based Targets initiative (SBTi).
For example, last year the UK and the EU agreed to initiate the process of linking their respective Emissions Trading Systems (ETS) to harmonise carbon pricing mechanisms across both regions, reducing trade barriers. A key component of this agreement is the mutual exemption from each other’s Carbon Border Adjustment Mechanisms (CBAMs), which are designed to impose tariffs on imports based on their carbon content.
It also covers the updates to the Global Reporting Initiative (GRI) in which the revised GRI 302: Energy 2024 and GRI 305: Climate Change 2024 standards were approved. These are designed to be fully aligned with global frameworks like the Paris Agreement and the UN Global Stock-take. Notably, says the report, they introduce disclosure requirements around net-zero targets, scope 3 emissions, climate-related financial risks and renewable energy sourcing.
Aaron Yeardley from Tunley Environmental is the guest on the 06 January episode of CHIIPs, Electronics Weekly’s podcast, available via the Electronics Weekly website.
