Xpansiv announced the closing of a $125 million capital raise designed to fuel continued growth in Xpansiv service offerings and the firm’s technology platforms. The raise was linked to the
The PNC Financial Services Group, Inc. announced the expansion of its environmental finance commitment to $30 billion. The bank initially announced in August 2021 a commitment of $20 billion over five years in support of
As the halfway point to achieve the UN Sustainable Development Goals approaches and the deadline to meet key milestones of a 1.5C world looms, CEOs take action to avoid consequences to environment,
The World Bank has approved US$100 million in financing to support Barbados’ low carbon economic development and resilience to climate change. “I cannot underscore enough the necessity of support, such
Bain Capital Private Equity said on Thursday it has completed a deal to acquire a stake in renewable fuel producer EcoCeres Inc, as the Boston-based investor strives to ramp up
KitKat, one of the world’s most popular confectionery products, is introducing recyclable paper packaging as a pilot test for the brand. The recyclable paper packaging will be available for a
The World Bank recently approved a US$15 million in credit from the International Development Association (IDA), the World Bank’s program for the poorest countries, to help expand access to affordable housing
Japan’s Ministry of Finance is considering issuing green transition bonds in the second half of next fiscal year from April, as part of plans to push climate change efforts, a
A Dozen Selected Projects Will Develop Advanced EV Batteries that Charge Faster, Have Greater Efficiency and Resilience, and Boost Consumer Confidence Against Range Anxiety The U.S. Department of Energy (DOE)
DBL Group has signed on to a $52 million credit facility provided by British International Investment (BII), the UK’s development finance institution (DFI) and impact investor. The loan facility would
Agreement with WattTime will allow Toyota and Lexus customers to identify ideal times to charge electrified vehicles to help reduce impact of CO2 emissions Aligning with its goals to provide
SK Hynix Inc. announced that it successfully issued a Sustainability-Linked Bond (SLB) with a total amount of USD 1 billion. “The company is highly encouraged by the large-scale investment even
Anew Climate LLC, a TPG Inc-owned provider of carbon emission reduction products to businesses, has agreed to invest as much as $640 million in carbon offset developer Terra Global Capital, the
Volkswagen continues to make rapid progress with the transformation to e-mobility: at around 330,000 units, worldwide deliveries of all-electric vehicles (Battery Electric Vehicles – BEVs) grew 23.6 percent year-on-year. Overall,
bp announced its 134MWdc (107MWac) Arche Solar project in Fulton County, Ohio, is beginning construction, helping support the global transition to lower carbon energy. Arche is expected to create around
New programs to provide STEM education & improve workforce development Bank of America is announcing a $1 million donation to Discovery Place to provide students and teachers resources and skills
RMI, a leading nonprofit dedicated to accelerating the global energy transformation, announced the formation of the Virtual Power Plant Partnership (VP3) Tuesday. In recognition of the critical work needed to tackle scaling the market
Australia’s Labor government proposed on Tuesday to make the country’s biggest polluters slash emissions by 30% over the next seven years, with some leeway for trade-exposed industries, such as aluminium
Moody’s Corporation appointed Francisco Martinez-Garcia as Chief Diversity, Equity & Inclusion Officer. Mr. Martinez-Garcia will focus on positioning Moody’s as an inclusive workplace that attracts, grows, and retains diverse talent.
Greenhouse gas emissions increased slightly from the previous year in 2022 by 1.3%, keeping the U.S. just 15.5% below 2005 levels and off track to meet its global pledge to
