Latest News
Seven simple questionsHelp us improve your experience, delivering more of what you want
ESG Survey
Category: Climate
Germany and Morocco have established a new climate and energy alliance to collaborate on climate protection and energy transition. This alliance, marked by the signing of a declaration in Berlin,...
The Vatican is set to join an elite group of nations generating all their electricity from renewable sources, following Pope Francis’s announcement of a new solar power project. This initiative...
General Motors (GM) has agreed to retire approximately 50 million metric tons of greenhouse gas credits to address excess CO2 emissions identified through the EPA’s light-duty vehicle in-use testing program....
LEGO’s Net-Zero Drive: Suppliers in the Spotlight The LEGO Group has launched a new Supplier Sustainability Programme, crucial for cutting carbon emissions in its supply chain. Recognizing that over 99%...
Zurich Insurance Group and Aon have launched an innovative clean energy insurance facility, offering global coverage for blue and green hydrogen projects with capital expenditures up to USD 250 million....
Google and ENGIE have deepened their collaboration with five new Corporate Power Purchase Agreements (cPPAs), providing Google’s digital infrastructure in Belgium with over 118 MW of renewable power. Google’s Green...
Dr Luiz Amaral will step down from his role as CEO for personal reasons. Susan Jenny Ehr, currently Chief Legal Officer, will step in as interim CEO, with dedicated support...
The EU’s clean electricity generation is hitting new highs. In the first half of 2024, renewables comprised over 50% of all power generation in Europe, with nuclear maintaining a stable...
Key Impact Points: The European Commission has approved a €3 billion Swedish scheme to support carbon capture and storage (CCS) aimed at reducing biogenic CO2 emissions. This initiative aligns with...
In 2024, the carbon and emissions technology sector has demonstrated remarkable resilience and growth, securing a significant $17.7 billion in venture capital (VC) investments. This comprehensive industry overview, created by...
As companies worldwide strive to meet sustainability goals, the urgency to adapt to evolving regulatory landscapes is paramount. New environmental, social, and governance (ESG) reporting requirements, including the EU’s Corporate...
Google is taking a significant step towards its net-zero emissions goal with a new partnership with BlackRock’s Climate Infrastructure business. This collaboration aims to develop a 1 gigawatt (GW) solar...
Invesco Ltd. has launched the Invesco MSCI Global Climate 500 ETF (KLMT) with a substantial $1.6 billion investment from Finnish pension insurer Varma. This ETF aims to address the increasing...
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...
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...
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...
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...
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...
Vattenfall and Cemvision have entered an agreement (LOI) for the development and future supply of near-zero emission cement. The new cement has the potential to reduce carbon dioxide emissions by...
Greenhouse Gas Protocol (GHG Protocol) and the IFRS Foundation announced that they have signed a memorandum of understanding to guide future work and collaboration between GHG Protocol and the International Sustainability Standards Board...
ExxonMobil and Air Liquide have formed a strategic partnership to drive the production and distribution of low-carbon hydrogen and ammonia, aiming to decarbonize industrial operations along the U.S. Gulf Coast....
Executive Summary: Australia’s government is spearheading major sustainable finance reforms to transition to a net-zero economy. These initiatives include mandatory climate-related financial disclosures, the development of a sustainable finance taxonomy,...
The global fashion retailer H&M Group is investing in Rondo and joining Rondo’s Strategic Investor Advisory Board to explore the potential for heat storage technologies to help decarbonize the textile...
EIT InnoEnergy, the leading innovation engine in sustainable energy supported by the European Institute of Innovation & Technology (EIT), announces the launch of the European Solar Academy. Mandated by the...
Executive Summary The European Investment Bank (EIB) is supporting RWE’s new 1.1 GW Thor wind farm in the Danish North Sea with a €1.2 billion green loan. This project aligns...
Executive Summary: Google’s new Digital Sprinters sustainability report, commissioned by Deloitte, explores how digital technologies like AI and IoT can accelerate climate solutions, particularly in developing markets. The report emphasizes...
The U.S. Environmental Protection Agency released its 2024-2027 Climate Adaptation Plan, which describes agency actions to address the impacts of climate change and help build a more climate-resilient nation. The...
PepsiCo has published its 2023 progress report on Environmental, Social and Governance (ESG) results. The 2023 ESG Reporting Suite includes the ESG Summary, ESG Topics A-Z and the ESG Data Hub, providing a detailed...
Stockholm Exergi CEO Anders Egelrud: “The agreement shows that Stockholm Exergi’s bio-CCS project is both efficient and sustainable.“ Stockholm Exergi has signed an agreement for permanent negative emissions worth just...
FedEx continues to make inroads in deploying lower-emissions fleets and facilities in the region and increased its engagement with community sustainability initiatives Federal Express Corporation, one of the world’s largest...
Executive Summary: ESG Book and Risk Labs have announced a strategic partnership to meet the growing demand for ESG solutions in the MENA region. This collaboration leverages ESG Book’s extensive...
Indigo Ag announced that Microsoft has agreed to purchase 40,000 agricultural soil-based carbon credits from the company’s third carbon crop, issued in February, representing the largest number of credits ever delivered by...
Key Impact Points: Executive Summary: BTG Pactual Timberland Investment Group (TIG) will provide Microsoft with 8 million carbon removal credits, marking the largest carbon dioxide removal transaction to date. This...
HyFive, the green hydrogen and derivatives platform of energy transition infrastructure investor White Summit Capital (WSC), will invest 250 million euros to build a green hydrogen and methanol production plant...
Key Impact Points: Staying within 1.5°C remains a key business goal, according to CDP data showing a nearly 50% increase in companies with 1.5°C-aligned climate transition plans. Sherry Madera, CEO...
Google for Startups announced the launch of two new accelerator programs designed to empower European and Israeli startups working on climate change solutions and artificial intelligence (AI). The Google for...
Key Points: A majority of U.S. voters support key climate policies, according to recent research by the Yale Program on Climate Change Communication and the Center for Climate Change Communication...
Key Impact Points: Garanti BBVA has announced the renewal of its $435 million sustainable syndicated loan. This financing will support foreign trade, corporate purposes, and investments aiding the transition to...
Key Impact Points: Peab has successfully issued green bonds totaling $141 million, demonstrating robust investor interest with around 150 participants. These funds will bolster Peab’s commitment to achieving its climate...
Key Impact Points: In California, climate change hits hardest in the most vulnerable communities. A new $10 billion climate resilience bond on the November 2024 ballot aims to change that,...
The World Business Council for Sustainable Development (WBCSD) recognized a critical gap between companies’ sustainability commitments and their policy engagement strategies. A recent InfluenceMap report found that 58% of the...
Brookfield Asset Management (NYSE: BAM, TSX: BAM) (“Brookfield”) and Alterra Management Limited announced today the launch of the Catalytic Transition Fund (“CTF” or “the Fund”) focused on directing capital into clean energy and transition assets...
Google has embarked on an ambitious partnership with NV Energy to develop a pioneering clean energy model. This initiative centers around the Clean Transition Tariff (CTT), a framework designed to...
Some of the world’s biggest fashion brands have joined forces to participate in an innovative initiative to decarbonise the fashion sector, with commitments from Bestseller, Gap Inc., H&M Group, and...
The preorder of 5,000,000 nature-based removal credits from Catona’s carbon portfolio will enable ENGIE to flexibly source removals from multiple high-impact projects with locked-in pricing through 2039. Global reference in...
Purchase further demonstrates the significant role high integrity nature-based carbon solutions play as part of a holistic corporate climate action plan Anew Climate, LLC, a global leader of diverse climate...
ERM, the world’s largest specialist sustainability consultancy, has announced the signing of a deal to acquire Energetics, Australia’s leading climate risk and energy transition consultancy. The acquisition will enhance ERM’s...
Key Impact Points: EY Luxembourg has appointed Raphael Betti as the new leader of its Climate Change and Sustainability Services. Betti’s extensive experience in climate strategy and sustainability consulting is...
This partnership will mobilize investments through innovative financing solutions to scale up private sector-led clean energy generation and distribution in Nigeria. RMI, founded as Rocky Mountain Institute, and the Nigeria...
The Rainforest Alliance, an international non-profit organization dedicated to protecting nature and improving rural livelihoods, and Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing, announce a strategic partnership....
The Texas General Land Office (GLO) has announced a request for proposals (RFP) to lease 1.1 million acres of state-owned offshore areas for carbon sequestration projects. This initiative is a...
The Rockefeller Foundation announced the creation of a new Climate Advisory Council to help advance people-centered climate solutions that both reduce emissions and enhance opportunities for communities most vulnerable to the effects...
Climate stewardship is a core pillar of KeyBank’s corporate responsibility strategy. The organization has taken deliberate actions to build a sustainable business model that manage risks, capitalizes on opportunities, and...
Schroders is proud to officially unveil its extensive solar farm installation at its Horsham campus, marking a significant milestone in the Group’s sustainability journey. The farm encompasses 2,606 solar panels...
This week, Mexico elected its first female president and the world’s first national leader, who is also a climate scientist. Claudia Sheinbaum has a PhD in energy engineering and was part of...
Two Utility-Scale Projects at Idaho National Lab Will Help Spur Clean Electricity Generation on DOE-Owned Land, Ensuring the Federal Government is Leading by Example in the Effort to Reach the...
As communities across the planet celebrated World Environment Day on 5 June, we are taking you back to the 1950s when broadcaster extraordinaire Sir David Attenborough went from zoologist to climate activist,...
Five First Place Winners Selected from Thousands of Global Photo Submissions Surrounding the Celebration’s 2024 Theme “Awaken New Depths” The winners of the eleventh annual Photo Competition for United Nations...
The President of the United Nations General Assembly, H.E. Mr. Dennis Francis, Model Meadow Walker, Oceanographer Sylvia Earle, Recording Artist Louis Cato, Actress Bailey Bass, Scientist Johan Rockström, Fashion Editor...
More Than 75% of U.S. Companies Cite Climate Change as a Material Risk, According to Diligent New research reveals a record number of companies are identifying climate change as a...
The governing board of the Climate Investment Funds (CIF), the pioneering multilateral climate fund delivering low-cost finance to over 70 developing countries, endorsed a new investment plan presented by the Government...
Climeworks is future-proofing its technology for scaling globally to gigaton carbon removals by using the latest research and development findings in its filter materials and plant design. At its annual...
Rio Tinto will invest US$143 million (A$215 million) to develop a research and development facility in Western Australia to further assess the effectiveness of its low-carbon ironmaking process, BioIronTM, to...
The 2024 State of Carbon Dioxide Removal report finds that around 7–9 billion tonnes of CO2 per year will need to be removed by mid-century from the atmosphere if the...
The European Commission has approved, under EU State aid rules, an Italian scheme to support a total of 4590 MW of new capacity for electricity production from renewable energy sources....
The Council of Experts on Climate Change presented a special report commissioned by the German Federal Government to review the 2024 projection data describing the future development of German greenhouse...
Key Impact Points: China has unveiled the world’s largest solar farm in Xinjiang, marking a groundbreaking advancement in renewable energy. The new solar complex, covering an area comparable to New...
Key Impact Points: Sumitomo Corporation has updated its material issues and policies to align with its goals for sustainable growth and addressing social challenges, particularly climate change. These updates reflect...
Key Impact Points: China has announced plans to establish a comprehensive carbon footprint management system by 2027. This ambitious initiative aims to track and reduce carbon emissions across various industries,...
New disclosure platform unveiled to unlock faster action, harmonize global standards and make disclosure more efficient In a move set to kickstart a new era of more efficient disclosure and...
A new report published today by the City of London Corporation and Climate Policy Initiative (CPI) has revealed that tracked UK financial institutions have almost tripled their investment into clean-energy...
Key Impact Points: Amazon, Google, Microsoft, Nucor, and Duke Energy have joined forces to accelerate carbon-free energy generation through innovative tariff agreements. These agreements, known as Accelerating Clean Energy (ACE)...
Report assesses 11 apparel and footwear companies’ insufficient efforts to eliminate fossil fuels from supply chains, manufacturing, shipping A 2024 report update to last year’s Fossil-Free Fashion Scorecard released today by environmental...
Clean Energy Ventures (CEV), a leading global venture capital firm funding early-stage climate innovations, today announced the closing of an oversubscribed second flagship fund with total capital commitments of $305 million. In...
The SBTi releases revisions and new resources to enable financial institutions to set ambitious near-term emission reduction targets. The Science Based Targets initiative (SBTi) is unveiling a suite of revisions...
Cloover, a Berlin-based startup, has secured a remarkable $114 million seed round to fuel the growth of its operating system for the renewable energy industry. The company connects all relevant...
The European Commission has approved, under EU State aid rules, a fourth Important Project of Common European Interest (‘IPCEI’) to support research, innovation and the first industrial deployment in the...
The Council has adopted a regulation on establishing a framework of measures for strengthening Europe’s net-zero technology manufacturing ecosystem, better known as the ‘net-zero industry act’. This is the last...
Google announced two new solar power purchase agreements (PPAs) in Japan, marking its first foray into the country’s renewable energy market. These agreements will add a combined 60 megawatts (MW)...
Air Liquide has successfully issued a new 500 million euros green bond, in line with its ambition to combine growth and sustainable development. The Group intends to use the proceeds...
RWE, one of the leading renewable energy companies in the U.S. and worldwide, has signed two 15-year Power Purchase Agreements (PPAs) with Microsoft Corporation. Under the PPAs, Microsoft will purchase...
The professional solutions firm commits to reach net-zero carbon emissions by 2040. APTIM announced its commitment to The Climate Pledge, demonstrating its ambitious pursuit to mitigate and adapt to climate change’s...
Ørsted, a leading U.S. clean energy developer, announced an investment from J.P. Morgan for $680 million in tax equity financing for a portfolio of solar and storage assets in Texas and Arizona. The project portfolio...
The UK Emissions Trading Scheme Authority has published a package of consultations on expanding the UK Emissions Trading Scheme, to further limit carbon emissions. The UK Emissions Trading Scheme (ETS)...
Climeworks, the global leader in carbon removal via direct air capture technology, successfully achieved third-party certification of its carbon removal activities under the Puro Standard – a first in the...
Key Impact Points: A recent Bloomberg Law survey highlights that a significant majority of attorneys doubt the SEC’s new climate disclosure rule will survive intact. The rule, which mandates detailed...
Google is launching a new coalition called Symbiosis, a multi-company effort designed to increase the effectiveness of nature-based carbon removal projects. Symbiosis brings together a group of corporate buyers committed...
What’s happening: Why it matters: Many companies struggle to invest in offsetting, because it’s hard to navigate this complicated market and make financially sound decisions. Enterprises that spend millions on...
280 Earth, Inc. announced that it has completed construction and started operating a direct air capture (“DAC”) facility to remove carbon dioxide (CO2) directly from the atmosphere, mitigating climate change....
Morningstar Sustainalytics has joined Climate Bonds Initiative’s Partnerships Programme, helping to strengthen Climate Bonds’ mission to develop the sustainable finance market. Partners within the Climate Bonds network play a crucial...
New partner and senior advisors complete climate leadership team, following Temasek commitment and EIB Support LeapFrog Investments (“LeapFrog”), the profit with purpose investment firm, has appointed Souleymane Ba as Partner and...
Diageo has announced plans to invest over €100 million to decarbonise its historic St. James’s Gate site in Dublin 8, where Guinness has been brewed for 264 years. The investment...
BNP Paribas Asset Management announces the listing of a new global equity exchange-traded funds (‘ETFs’), expanding its current SRI PAB range which totals more than EUR 6.5bn of assets under...
ArcelorMittal and partners Mitsubishi Heavy Industries, Ltd. (MHI), BHP, along with Mitsubishi Development Pty Ltd (Mitsubishi Development) have successfully started operating a pilot carbon capture unit on the blast furnace...
In a landmark deal, Ørsted will sell a further one million tonnes of carbon removal over a ten-year period to Microsoft from Avedøre Power Station, which is part of the...
Official logo of ESG News (C) 2025