Category: Climate
Phlair GmbH and Carbon Removal AS, through its subsidiary NorDAC Kollsnes AS, have signed an agreement to develop Europe’s first large-scale Direct Air Capture (DAC) and geologic CO₂ storage facility...
Salesforce has unveiled Agentforce for Net Zero Cloud, a next-generation AI-powered assistant designed to accelerate sustainability reporting, slash operational costs, and increase business efficiency by automating complex compliance tasks and...
Terra CO2, a U.S.-based low-carbon building materials company, announced it has secured $124.5 million in Series B funding to scale its commercial production of sustainable cement alternatives. The round was...
Allianz Commercial has launched its Climate Adaptation & Resilience Services (CAReS) platform to help businesses identify, evaluate, and reduce exposure to climate risks amid rising losses from natural catastrophes. The...
Mars Incorporated has announced a 1.9% absolute reduction in greenhouse gas emissions in 2024, reinforcing its continued ability to decouple environmental impact from economic growth. Since 2015, the company has...
The European Commission has proposed an amendment to the EU Climate Law, setting a 2040 target to reduce net greenhouse gas (GHG) emissions by 90% compared to 1990 levels, in...
Amazon has unveiled a groundbreaking fulfillment center in Nagoya, Japan, designed to integrate advanced geothermal and solar technology to minimize its environmental footprint. The facility is Amazon’s first globally to...
The European Commission is preparing to propose the use of carbon credits purchased from other countries to help meet the European Union’s upcoming 2040 climate target. The official target—set for...
Nokia has signed a €1.5 billion five-year multicurrency revolving credit facility (RCF), with two optional one-year extensions. The facility includes a sustainability-linked pricing mechanism, tying the margin of the loan...
At its meeting on 25 June 2025, the Swiss Federal Council announced a decision to pause the ongoing revision of the Ordinance on Climate Disclosures for companies. The move reflects...
A strong majority of Europeans believe climate change is a critical issue requiring urgent action, according to the latest Eurobarometer survey. 85% of citizens say tackling climate change should be...
The Singapore Business Federation (SBF) is calling for a 12- to 24-month extension of mandatory climate-related disclosures under the ISSB framework for smaller firms listed on the Singapore Exchange (SGX)....
Slovenia has launched its first sustainability-linked bond, raising €1 billion to support its environmental and climate objectives. The 10-year bond, maturing on 2 July 2035, carries a coupon rate of...
The Global Reporting Initiative (GRI) has unveiled two new sustainability reporting standards—GRI 102: Climate Change and GRI 103: Energy—to drive corporate accountability and accelerate climate action. “These new GRI Standards...
The UK government has announced a major step in its mission to become the “sustainable finance capital of the world”, launching a set of consultations aimed at standardizing climate transition...
The European Commission has adopted the Clean Industrial Deal Framework (CISAF), a robust and long-term state aid structure aimed at accelerating clean energy deployment, industrial decarbonisation, and clean technology investment...
Syre, the H&M-backed textile recycling firm, has announced strategic partnerships with Gap Inc., Target, and Houdini Sportswear as part of its commercial launch, advancing its mission to decarbonize and dewaste...
The IFRS Foundation has published new guidance to help entities disclose climate-related transition information in alignment with IFRS S2 Climate-related Disclosures, aiming to improve the quality, consistency, and comparability of...
Virgin Holdings Limited has received official validation from the Science Based Targets initiative (SBTi) for its net-zero targets, confirming its emissions pathway aligns with the 1.5°C climate goal. This marks...
Caisse de dépôt et placement du Québec (La Caisse) has unveiled a bold 2025–2030 climate strategy targeting $400 billion in climate action investments by the end of the decade. The announcement...
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