Category: Climate
Breakthrough Energy Ventures (BEV), backed by Bill Gates, has secured $839 million for its third flagship fund, BEV III, according to a recent regulatory filing. This makes it the largest...
Iberdrola has secured a €500 million syndicated green loan with ICO, Sabadell, and HSBC, covered by Cesce through its Green Investment Policy on behalf of the State. The loan, guaranteed...
Goldman Sachs Fuels BrightNight’s Growth BrightNight, a top renewable power firm, secures a $440 million investment from Goldman Sachs Alternatives. This funding will fully finance BrightNight’s five-year plan and its...
Microsoft has bought over 80,000 metric tons of carbon removals from the Blue Creek Improved Forest Management Project, managed by Western Rivers Conservancy (WRC) in Northern California. This purchase aligns...
The UK government has announced a record budget of over £1.5 billion for the next renewable energy auction, aiming to enhance energy security and reduce costs for families and businesses....
The International Accounting Standards Board (IASB) has published a consultation document proposing eight examples to illustrate how companies should report the effects of climate-related and other uncertainties in their financial...
ISS ESG, the sustainable investment arm of ISS STOXX, has introduced a new Industry Average Emission Intensity Data Set as part of a major augmentation to its Climate Solutions. This...
Schneider Electric, a leader in energy management and automation, released its Q2 2024 sustainability scores alongside half-year financial results. This update is part of their Sustainability Impact (SSI) program, essential...
ArcLight has launched SkyVest Renewables, committing an initial $500 million to operate and optimize renewable assets. As part of this initiative, ArcLight has acquired a 160 MW wind farm in...
The Science Based Targets initiative (SBTi) has released four technical documents, marking an early step in revising the Corporate Net-Zero Standard. This effort aims to enhance strategies for addressing scope...
Enhanced Biodiversity Reporting Global Reporting Initiative (GRI) and the Taskforce on Nature-related Financial Disclosures (TNFD) have unveiled a joint interoperability mapping resource. This tool outlines the alignment between TNFD Disclosure...
Google, PacificLight Energy (PLE), and Rexus Bioenergy (RExus) have entered a 10-year collaboration. PacificLight will offtake renewable energy from RExus’s Waste Wood-to-Energy (WWtE) Plant and supply it to Google. This...
A recent survey of nearly 500 sustainability professionals by Salesforce reveals a complex relationship between AI and sustainability. While 4 in 10 professionals worry about AI’s potential negative impacts, 57%...
The European Investment Bank (EIB) has activated a €5 billion initiative to bolster Europe’s wind-energy equipment manufacturers. This includes a €500 million counter-guarantee to Deutsche Bank AG, facilitating up to...
The Spanish government has approved nearly 300 renewable power projects, aiming to boost the country’s green energy capacity by over 28 gigawatts. This move, announced on Monday, is part of...
Air New Zealand Adjusts Emission Goals Air New Zealand has retracted its 2030 emissions reduction target, citing delays in the delivery of fuel-efficient aircraft and the high cost of green...
Veolia has solidified its position as a leader in ecological transformation, earning validation from the Science Based Targets initiative (SBTi) for its accelerated decarbonization goals. This recognition follows the company’s...
Enel S.p.A. has approved a share buyback program to purchase 2.9 million treasury shares, approximately 0.029% of its share capital. This program, running from September 16 to December 16, 2024,...
SAEL group has successfully issued its first US dollar-denominated green bonds, raising $305 million in the international markets. This marks a significant milestone, providing the company access to a deeper,...
Universal Hydrogen’s Dream Crashes Universal Hydrogen aimed to revolutionize hydrogen-powered flights with nearly $100M from investors like Playground Global and Toyota Ventures. The company liquidated after failing to secure further...
Official logo of ESG News (C) 2025