SustainCase newsletter – wk29, July 2025
Australia Launches Sustainable Finance Taxonomy
The Australian Sustainable Finance Institute (ASFI) announced the release of the Australian sustainable finance taxonomy, a new voluntary classification system for categorizing green and transition-focused economic activities, aimed at improving transparency and facilitating capital flows towards Australia’s climate goals.
https://www.esgtoday.com/australia-launches-sustainable-finance-taxonomy/
Microsoft and Carbon Direct Publish 2025 Standards for High-Quality Carbon Dioxide Removal
Microsoft and Carbon Direct have released the fifth edition of the Criteria for High-Quality Carbon Dioxide Removal (CDR), introducing robust standards for evaluating and scaling CDR technologies across nine pathways, including pioneering marine-based solutions.
Case study: How MBH Bank works with its clients and customers to encourage sustainable practices
July 10, 2025 – MBH Bank was formed in May 2023 through the merger of three banks: MKB Bank, Budapest Bank, and Takarékbank. Currently, it stands as one of Hungary’s foremost credit institutions. As a universal bank, it provides modern financial services and a continually expanding range of products to both retail and corporate-institutional clients. By 2023, MBH Bank served 2 million clients across its retail and corporate divisions, employed over 7,600 people, and operated 560 branches. MBH Bank is a signatory of the Principles for Responsible Banking (PRB) and is, accordingly, working with its clients and customers to encourage sustainable practices and enable sustainable economic activities. Read more.