Latest News
Seven simple questionsHelp us improve your experience, delivering more of what you want
ESG Survey
Category: Climate
As part of the plans to lower the climate footprint from the investments, Industriens Pension is now introducing a new climate-related benchmark, which partly sets the direction for the foreign...
In 2023, 96 percent of power consumption at BBVA Group facilities came from renewable sources, well above the 70 percent target set for 2025. In Spain, Portugal, Colombia, Uruguay, Mexico,...
Walmart recently announced significant progress in its energy transformation strategy. This initiative aims to expand access to clean energy, create positive economic and environmental outcomes, and support the company’s growth...
Climeworks, global leader in carbon removal via direct air capture, and the LEGO Group, one of the world’s leading manufacturers of play materials, entered a 9-year agreement to permanently remove...
British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, and Idemitsu Kosan (IKC), one of Japan’s leading energy companies, today announced a joint investment into Skye Renewables Energy...
These senior hires will help Verdane continue to deploy thematically behind two structural growth trends, digitalisation and decarbonisation. 2024 is set to bring a greater focus on decarbonisation as an...
The fate of the European Union’s ambitious Nature Restoration Law (NRL) is in jeopardy after several member states reversed their initial support for the legislation. The NRL, a cornerstone of...
Nature Action 100, the first global investor engagement initiative to address the urgent crisis of nature and biodiversity loss around the world, has published a new field guide to equip...
Global utility companies, generally perceived as some of the worst offenders when it comes to climate transition and meeting future net zero carbon emissions, are actually playing a driving force...
The Next 150, has signed a 6-year purchase agreement with Microsoft to supply 95,000 tons of high-quality Carbon Dioxide Removal (CDR) credits produced by its General Biochar Systems (GBS) business...
South Korea has pledged a significant financial commitment to tackling climate change, announcing a $313 billion green financing plan. This initiative aims to slash greenhouse gas emissions by 40% from...
Rising temperatures could drive food inflation up by 3.2 percentage points and overall inflation by 1.18 percentage points annually by 2035, according to a new study by Potsdam Institute for...
The recent explosion of climate-focused investment vehicles has sparked a crucial question: how impactful are these funds in driving the transition towards a sustainable future? A closer look at the...
President Biden’s Investing in America Agenda Provides the Single Largest Industrial Decarbonization Investment in the Nation’s History, Driving $20+ Billion in Total Investment to Revitalize Manufacturing Communities and Create and...
TP ICAP, a world-leading provider of market infrastructure, announced the acquisition of Aotearoa Energy, a New Zealand-based gas, power, and carbon brokerage firm. The acquisition is complementary to ICAP’s market-leading...
A recent study published in Nature highlights Google Research’s groundbreaking work in utilizing AI for accurate river flood prediction. This translates to up to 7 days’ warning for people in...
The world’s climate goals hinge on accelerating policy and innovation to deploy low-carbon cement technologies in key regions. Cement: Crucial but Carbon-Heavy Cement, a cornerstone of global infrastructure, is also...
Carbon markets hold immense potential to propel corporate climate action, but significant adaptations are necessary to unlock their full potential. Businesses play a pivotal role in achieving global climate goals....
As the UK gears up for the introduction of its Carbon Border Adjustment Mechanism (CBAM) in January 2027, this landmark policy is poised to redefine the landscape of carbon pricing...
“The electrification of energy is unstoppable and will expand exponentially in the years ahead, supporting decarbonisation, boosting energy security, and reducing the volatility caused by fossil fuels. Our strategic pillars...
New indexes draw on the strengths of Morningstar’s Sustainalytics & Indexes businesses to deliver diversified, broad exposure to companies leading their sector peers in their readiness for—and action towards—climate transition...
EDP Renewables North America and Volt Energy Utility, announced a partnership today launching the development of Hickory Solar Park (Hickory), a 110 MWac photovoltaic (PV) project located near Jerseyville, Illinois. Microsoft has agreed to...
Transaction Marks First U.S. Investment from KKR’s Global Climate Strategy KKR, a leading global investment firm, announced the signing of a definitive agreement pursuant to which investment funds and accounts...
At its third annual ESG Conference, Mercedes-Benz demonstrates commitment to achieving ambitious and measurable goals. Driven by tomorrow and a clear focus on the entire value chain, Mercedes‑Benz firmly embeds...
The SBTi has released an updated guidance for land vehicles, including a new method for automakers to set 1.5°C emissions reduction targets. The Science Based Targets initiative (SBTi), an international...
Schneider Electric, the leader in the digital transformation of energy management and automation, and Hy Stor Energy, a company pioneering carbon-free renewable hydrogen production and long-duration storage at scale, announced they have signed a...
Climate change has arrived, with severe impacts emerging at lower temperatures than expected. The distribution has shifted – historic tail risks are now expected. ‘Climate Scorpion – the sting is...
The new collaboration adds physical climate risk modelling to JLL’s end-to-end real estate Decarbonization Strategy JLL announced a strategic agreement with global climate risk analytics technology firm, Jupiter Intelligence. JLL supports...
The companies will work to address barriers to early-stage commercial project deployment. Google LLC, Microsoft Corporation, and Nucor Corporation today announced they will work together across the electricity ecosystem to...
JX Nippon Oil & Gas Exploration Corporation (“JX”; President & CEO: Toshiya Nakahara) and Chevron New Energies, a division of Chevron U.S.A. Inc., have signed a Memorandum Of Understanding (“MOU”)...
Report Reveals Snake River Dams Annually Spew 1.8M Metric Tons of Carbon Emissions New science on the four Lower Snake River dams is in and it disproves claims that hydropower...
Google Announces Sustainability Efforts in Arizona Google is committed to building a more sustainable future in Arizona. Their efforts focus on two main areas: bringing clean energy to the state...
RWE has taken a major step towards the realisation of its first solar farms in the UK, with seven projects, representing 330 megawatts (MW) of new, clean electricity capacity, now...
The Federal Government believes that Germany’s climate targets for 2030 are achievable. “Providing we stay on course, we are set to achieve our 2030 climate targets,” said Economics and Climate...
Gold Standard has launched step-by-step guidance to support companies to take responsibility for their greenhouse gas emissions while reducing their climate impact. The approach outlined has the potential to unlock over $20...
Manchester City has announced plans to make its training facility, the City Football Academy, one of the largest producers of renewable energy in world football. The current Premier League Champions...
In a significant stride towards combating climate change, Google unveiled a $35 million commitment to match the U.S. Department of Energy’s (DOE) Carbon Dioxide Removal Purchase program. This ambitious initiative...
As the dust settles on last week’s final SEC Climate Disclosure Rule, commentary around the content of the final rule is getting increasingly pointed, and battle lines are being drawn....
A group of leading financial and philanthropic organizations released an investor report and toolkit highlighting climate resilience solutions as a key growth industry of the 21st century. “Investing in Climate Resilience” presents...
Shell Publishes Energy Transition Update Shell plc (Shell) published its first energy transition update since launching its Powering Progress strategy in 2021. Their Capital Markets Day in June 2023 outlined...
California has pledged to cut greenhouse gas emissions far beyond the record low seen during the pandemic, but new data shows this goal will prove challenging amid an emissions upswing...
As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) today announced $750 million for 52 projects across 24 states to dramatically reduce the cost of clean...
Today Apple welcomed key manufacturing partners Taiwan Semiconductor Manufacturing Company (TSMC) and Murata Manufacturing as new investors in the Restore Fund, which is designed to scale global investment in high-quality,...
Blitz 21-823 AG (in future: Elbe BidCo AG, “BidCo”), a holding company controlled by investment funds, vehicles and accounts advised and managed by Kohlberg Kravis Roberts & Co. L.P. and...
CarbonCapture Inc. (CarbonCapture), a leading US-based direct air capture (DAC) company, today announced the successful completion of its $80 million Series A financing following the addition of multiple strategic investors that include...
1PointFive, a carbon capture, utilization and sequestration (CCUS) company, announced that AT&T has agreed to purchase carbon dioxide removal (CDR) credits from STRATOS, 1PointFive’s first large-scale Direct Air Capture (DAC)...
Landmark Strategy Will Build on New National Electric Vehicle Freight Corridors Designated by the Federal Highway Administration and Advance the President’s Clean Transportation Goal to Decarbonize the Freight Sector to...
Unreasonable Impact, a strategic partnership between Unreasonable Group and Barclays, has announced the latest ventures to join its UK & Europe programme. This year’s ventures offer solutions ranging from food...
Key Takeaways: A recent report by Transport & Environment has put a spotlight on the inadequate efforts of numerous multinational companies to mitigate the environmental impact of their corporate air...
Nestlé achieved a net reduction of 13.5% of its greenhouse gas (GHG) emissions in 2023 compared to its 2018 baseline, while continuing to grow its business over the same period....
Konexa, a UK-based integrated energy development and investment platform has achieved financial close on a combined USD 18 million investment from climate-centric blended finance fund manager Climate Fund Managers (CFM)...
HESTA, one of Australia’s largest superannuation funds, is making waves by proposing its own nominees for the board of directors at oil and gas giant Woodside Energy. This unprecedented move...
A NEW MATCH-MAKING PLATFORM TO SHOWCASE THE BEST SOLUTIONS FROM THE EARTHSHOT PRIZE NOMINATIONS PROCESS At an event in London with investors, philanthropists, and Earthshot Prize Finalists, Prince William celebrated...
Funding from President Biden’s Bipartisan Infrastructure Law Will Create Good-Paying Manufacturing Jobs, Build Clean Energy Supply Chains, and Reduce Industrial Emissions The U.S. Department of Energy (DOE) announced $425 million...
Uber is making it easier for riders to embrace a low-emissions lifestyle with the introduction of a new Emission Savings feature in its app. This feature allows riders around the...
Air Liquide and Vopak sign MoU to collaborate on infrastructure for ammonia import, cracking and hydrogen distribution infrastructure in Singapore Air Liquide and Vopak have signed a Memorandum of Understanding...
In line with High Royal Directives, Morocco’s Head of Government Aziz Akhannouch issued a decision on Monday outlining the implementation of the “Morocco Offer” for the development of the green...
The Boards of Governors of the Inter-American Development Bank (IDB) and IDB Invest approved three transformative changes to increase the impact and scale of the IDB Group’s development work in...
Europe is the fastest warming continent in the world, and climate risks are threatening its energy and food security, ecosystems, infrastructure, water resources, financial stability, and people’s health. According to...
Two years after proposing the rule, more than 24,000 comment letters, and a nearly three-hour meeting marked by politically charged statements, the five Securities and Exchange Commissioners voted along party...
We’ve listed the Top 14 women in sustainability, whose influence, leadership and dedication have helped to shape the fight against climate change. Women have been instrumental in driving the sustainability...
Software closes the climate data gap by providing companies with accessible and comprehensive carbon information to understand their risks and increase resilience Climate Vault Solutions, an award-winning leader in sustainable...
NatPower announces the development of the largest project for the construction of battery storage systems for over 60 GWh in the UK Over 10 billion GBP NatPower UK investments earmarked for...
Government announces the largest ever budget for the upcoming Contracts for Difference auction round. Britain’s flagship renewables scheme has received its biggest ever funding boost from government, with more than...
USDA Selects First Five Applications to Move Forward in the Awards Process for the Powering Affordable Clean Energy Program As part of President Biden’s Investing in America agenda, U.S. Department...
Annual Climate Report provides first insights on assessment of RBC Capital Markets’ energy client transition plans; new actions from RBC to provide capital for renewable energy and other low-carbon energy,...
Aligned with United Nations SDG 11, IBM announced a new request for proposals from government and non-profit organizations for the IBM Sustainability Accelerator, focused on technology-driven projects to advance city resiliency. IBM...
The Southern African Power Pool (SAPP), in partnership with the Southern African Development Community (SADC), announced the appointment of climate-centric blended finance fund manager Climate Fund Managers (CFM) to manage...
Permira, the global private equity firm, announced it has appointed a dedicated team to identify investment opportunities across the climate transition value chain. The team, led by Kush Patel and...
Unilever, releasing its inaugural Climate Policy Engagement Review, urges industry associations to step up their engagement in climate advocacy. The company emphasizes the need for collaboration amongst various actors, including...
Invesco, a global investment management company with $1.59 trillion under management, has announced its departure from the Climate Action 100+ (CA100+) investor coalition, effective immediately. This decision follows similar moves...
Wind turbines that use sensors to optimally adapt their rotor blades to the wind strength, fields that are fertilized more economically based on satellite data, factories that produce highly efficiently...
JLR announced it will generate more than a quarter of its UK electricity** from new onsite and near site renewable energy projects, slashing energy bills and reducing reliance on grid...
One of the copper company’s sustainability goals is to be able to supply all of its operations only from renewable energy sources by the end of the decade, to contribute...
Strengthened collaboration will facilitate and support the credible, high-integrity supply and use of carbon credits as an enabling tool for sustainable development and the net-zero transition. The Voluntary Carbon Market...
Bain & Company makes a Carbon Integrity Platinum Claim, demonstrating its progress on internal decarbonization and going above and beyond with investment in high-integrity carbon credits. The Voluntary Carbon Market...
Climate Action 100+ has confirmed that JP Morgan Asset Management, State Street Global Advisors, and PIMCO have decided to withdraw from the initiative. BlackRock (“BlackRock, Inc.”) has also transferred its...
Dutch pension fund ABP aims to achieve €30 billion in investments by 2030 that yield double returns: financial and societal impacts, especially in areas like climate and biodiversity solutions. The...
Hive Hydrogen South Africa has signed an agreement with Genesis Eco-Energy to implement 372MW of wind power in the Western Cape, to support the development of its Green Ammonia project...
A joint press release by the S-Hub consortium. The S-Hub consortium, comprising ExxonMobil Asia Pacific Pte. Ltd. and Shell Singapore Pte. Ltd., is proud to be selected to work with...
BBVA widens its sustainable business with a global finance unit that will focus on cleantech innovation, announced BBVA Chair Carlos Torres Vila at the 3rd BBVA Sustainability Forum, held Thursday...
Global energy-related CO2 emissions increased as exceptional droughts hit hydropower, but rise was lower than in 2022 thanks to expansion of technologies such as solar, wind & EVs Global energy-related...
The SBTi has released two new reports to support the design and implementation of beyond value chain mitigation (BVCM). The Science Based Targets initiative (SBTi), an international organization enabling ambitious...
Pioneering solutions that pair connectivity with engineering expertise to reduce emissions L&T Technology Services Limited, a prominent global digital engineering and R&D services company, and AT&T, one of the largest...
Collaborative projects with the Brazilian Development Bank and Brazilian financial institutions aim to support Brazil to deliver its G20 Presidency climate finance priorities and ambitious climate goals UN Secretary-General’s Special...
Tanzania has activated the first turbine of its highly anticipated Julius Nyerere Hydropower Plant, marking a significant step towards doubling the country’s electricity generation capacity. Despite concerns from conservationists about...
The Puglia Green Hydrogen Valley is part of the 33 projects included by the European Commission in Hy2Infra, the third Important Project of Common European Interest (IPCEI) to support the...
Brescia confirms itself as a model for decarbonisation: new technology inaugurated that makes the via Malta plant even more efficient and sustainable Putting energy into circulation, so as not to...
The Business Council supports the continuous improvement in the quality of climate related financial disclosures to facilitate climate risks and opportunities when making investment decisions and is calling for close...
Cepsa and Bio-Oils, a subsidiary of Apical, are beginning construction of the largest second-generation biofuels plant in southern Europe. This facility, which will flexibly produce 500,000 tons of sustainable aviation fuel (SAF)...
There is new hope that the US Securities and Exchange Commission (SEC) will issue its long-awaited climate disclosure rule soon. A draft of the final rule has been circulated to...
Elevating the UAE’s Position in Global Logistics: The New FedEx Hub Highlights Innovation and Efficiency FedEx Express (FedEx), a subsidiary of FedEx Corp. and the world’s largest express transportation company,...
The Commission is investing over €233 million in twelve new Strategic Projects across Europe under theLIFE programme to support the implementation of the EU’s environmental and climate ambitions under the European Green Deal....
Millions of savers’ money invested in polluting industries, despite public demand for change A new report by Make My Money Matter reveals that UK pension providers are failing to adequately...
Rio Tinto has signed Australia’s largest renewable power purchase agreement (PPA) to date to supply its Gladstone operations in Queensland, agreeing to buy the majority of electricity from Windlab’s planned...
Octopus Energy’s generation arm and Salzgitter Group, one of Germany’s leading steel and technology groups, are joining forces to radically decarbonise steel production in Germany using the power of the...
Agreement demonstrates shared commitment to high-integrity projects that, beyond sequestering carbon, support biodiversity and benefit local communities long term Catona Climate, a global climate finance company, announced that Microsoft has...
Council and European Parliament negotiators reached a provisional political agreement today on a regulation to establish the first EU-level certification framework for for permanent carbon removals, carbon farming and carbon storage in...
AIB said today it has appointed Paul Travers as Managing Director Climate Capital at the bank. The bank said the appointment will support the delivery of its three-year strategy which...
Schneider Electric, the leader in the digital transformation of energy management and automation, announced that it has committed to invest in a portfolio of Texas-based clean energy projects utilizing a Tax Credit...
Official logo of ESG News (C) 2025