Iberdrola, Europe’s leading electricity company by market cap (circa €80 billion), has issued a green bond for 335 million Swiss francs (€350 million) in two tranches, diversifying its sources of financing. The...
The Climate Bonds Initiative, the Principles for Responsible Investment (PRI) and the United Nations Environment Programme Finance Initiative (UNEP FI) announced a collaboration to support global interoperability and implementation of...
Less than two years ago, Maersk started construction works for its first low greenhouse gas emission warehouse in Denmark, located in Taulov Dry Port in Fredericia. On 24th June 2024,...
Rivian and Volkswagen Group have announced a $5 billion joint venture to develop next-generation software-defined vehicle (SDV) platforms. Volkswagen will invest an initial $1 billion in Rivian, with plans to...
IBM’s Maximo Application Suite 9.0 introduces AI-powered features to enhance asset lifecycle management. These innovations aim to reduce costs, improve reliability, and support sustainability initiatives. Key features include work order...
Canada has amended the Competition Act to address greenwashing, imposing strict requirements for substantiating environmental claims. Businesses face substantial penalties and increased litigation risks if found non-compliant. Urgent review of...
Bezos Earth Fund grant establishes new Center at Imperial to transform global food systems from environmentally damaging to innovative by creating sustainable solutions. Imperial’s Bezos Center for Sustainable Protein, launched...
British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has committed $75 million to the second Green Basket Bond arranged by Symbiotics Investments, a leading emerging...
Heirloom Carbon Technologies, Inc. announced it is moving forward with the first phase of a decarbonization project that combines public and private investment to create two direct air capture (DAC)...
Denmark is set to become the first country to impose a CO2 tax on agricultural emissions, targeting livestock. This groundbreaking policy, achieved through extensive negotiations among various stakeholders, aims to...
The European Central Bank (ECB) has published its second set of climate-related financial disclosures, which provides information on the carbon footprint of its portfolios and their exposure to climate risks,...
The Principles for Responsible Investment (PRI) has launched Spring, a stewardship initiative backed by over 200 investors managing $15 trillion in assets. The initiative focuses on reducing the financial risks...
The European Commission has launched the Climate City Capital Hub to provide financial support and advice to cities aiming for climate neutrality. With a €650 billion investment target, this initiative...
To catalyze a viable blue finance market, foster green bonds and support smaller businesses in Vietnam, IFC is providing a financing package of $150 million to Southeast Asia Commercial Joint Stock Bank (SeABank,...
Alcazar Energy Partners, a leading investor in renewable energy within growth markets, announces the launch of the largest wind farm project in North Macedonia with a capacity of up to...
KKR, a leading global investment firm, and IGNIS, a leading integrated global renewable group based in Spain, today announce an agreement to launch IGNIS P2X, a new Power-to-X (P2X) platform...
Neustark, a Swiss carbon removal company, has raised $69 million to expand its operations globally. Led by Decarbonization Partners and Blume Equity, the funding aims to remove 1 million tons...
Supply chain Scope 3 emissions are significantly higher than operational emissions, yet often overlooked. Despite their scale, only a fraction of corporates set targets for these emissions. The responsibility to...
In today’s ESG landscape, we are seeing more companies setting new carbon emissions reductions targets, such as committing to net-zero targets and science-based targets (SBTs). In fact, the number of...
At the IFRS Foundation Conference coinciding with London Climate Action Week—ISSB Chair Emmanuel Faber will announce further harmonisation of the sustainability reporting landscape, as the International Sustainability Standards Board (ISSB) embarks on...
Expanding the Carbon Removal Rulebook The Integrity Council for the Voluntary Carbon Market (ICVCM) has approved a new suite of methodologies for engineered carbon dioxide removal (CDR), strengthening governance of...
A Life Devoted to Nature Dr Jane Goodall, the world’s most renowned primatologist and conservationist, died Wednesday at 91 while on a speaking tour in California, the Jane Goodall Institute...
A growing sovereign green bond market The Hong Kong Special Administrative Region has released its Green Bond Report 2025, providing a detailed account of how HK$240 billion (US$31 billion) in...
European businesses call sustainability a competitiveness issue A new survey of more than 2,500 senior executives across France, Germany, Italy, Spain and Poland reveals broad support for binding corporate sustainability...
Asia-Pacific Leaders Advance ESG Integration On the sidelines of UN General Assembly week, the United Nations Global Compact convened senior business leaders from Asia and Oceania for a closed-door Leadership...
Quality over Quantity Defines Luxury’s Next Phase The global luxury sector is navigating slowing demand, shifting consumer expectations, and a changing definition of value. According to the first EY Luxury...
New Capital for Expanding Energy Transition Services Nuveen has acquired a majority interest in Ally Energy Solutions, a U.S. provider of turnkey power and efficiency upgrades for commercial and industrial...
A Strategic Carve-Out in Solar TotalEnergies has sold a 50% stake in a 1.4 gigawatt (GW) solar portfolio across the United States to insurance vehicles and funds managed by KKR,...
Baton Rouge bets on carbon removal ExxonMobil has been selected to transport and permanently store carbon dioxide captured at AtmosClear’s planned biomass energy facility at the Port of Greater Baton...
New Pathways for Automotive Waste Porsche AG, BASF SE and Austrian technology firm BEST Bioenergy and Sustainable Technologies GmbH have completed a pilot project demonstrating the chemical recycling of complex...
A New Benchmark for Corporate Climate Expertise The Science Based Targets initiative (SBTi) has established the world’s first official register of certified experts qualified to guide companies through the complexities...
Oslo steps into global transition capital markets Norges Bank Investment Management (NBIM), manager of Norway’s $1.6 trillion sovereign wealth fund, has committed $1.5 billion to Brookfield Asset Management’s Global Transition...
Jakarta’s Waste Crisis Spurs New Energy Push Indonesia’s sovereign wealth fund, Danantara Indonesia, will roll out at least eight waste-to-energy plants by the end of October as part of a...
Brussels signs off on CBAM reform The Council of the European Union has adopted a regulation simplifying the bloc’s carbon border adjustment mechanism (CBAM), an instrument designed to prevent carbon...
Cyprus Decision Marks Next Phase Meeting in Europe’s most water-scarce country, the European Investment Bank (EIB) Group’s Board has adopted the second phase of its Climate Bank Roadmap, committing to...
Toronto’s first Climate Week is bringing together investors, business leaders, policymakers, and innovators to explore how climate action is reshaping markets and creating new opportunities. With dozens of sessions happening...
Regulatory Uncertainty Meets Investor Demands 2025 is proving to be a pivotal year for corporate sustainability disclosures. Thousands of companies have filed reports under the European Union’s Corporate Sustainability Reporting...
IBM is moving to address one of the persistent bottlenecks in corporate climate reporting: the accuracy and usability of greenhouse gas (GHG) emissions data. The company has introduced the Envizi...
Sarawak bets on hybrid clean power Malaysia’s Sarawak state has secured one of its largest private renewable energy investments with Founder Group Limited and Planet QEOS Sdn. Bhd. committing MYR1.16...
Record Commitments from Berlin Berlin has confirmed it provided €11.8 billion ($13.81 billion) in international climate finance during 2024, a record outlay designed to strengthen developing countries’ ability to respond...