SustainCase newsletter – wk9, February 2025

85% of Companies to Stick with Climate Reporting Plans Even if Regulations Change: Workiva Survey
The vast majority of companies will move forward with their sustainability and climate reporting plans, even if regulatory requirements change, as executives see significant strategic value in sustainability data, and nearly all investors report being more likely to invest in companies that provide integrated sustainability and financial information, according to a new survey released by business data and reporting solutions provider Workiva.
China Launches First Oil Production Ship with CO₂ Capture
China has introduced the world’s first offshore oil production and storage ship with carbon capture and storage equipment. The vessel, which is 330 meters long, can produce up to 120,000 barrels of crude oil daily, expecting delivery by the end of February 2025.
Case study: How Banco de Machala works with its clients and customers to encourage sustainable practices
February 26, 2025 – Banco de Machala S.A. is a versatile banking institution located in El Oro province, Ecuador, yet it operates with a nationwide strategy and reach, allowing for the enhancement of its value proposition. The bank prioritizes delivering high-quality products and services, supported by efficient processes and state-of-the-art technology, all facilitated by a cohesive, empowered team that operates with a sense of urgency. Banco de Machala 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.