Category: ESG Europe
The Environment Committee adopted its demands for the UN Climate Change Conference COP28, which will take stock of the progress on implementing the Paris Agreement. With 56 votes in favour,...
BEUC and member organisations* from 13 countries have reported to EU authorities misleading commercial claims about the recyclability of their products by major drinking water bottle traders, such as Coca-Cola,...
After obtaining the necessary regulatory approvals, the companies have closed the agreement announced last July to co-invest in the Baltic Eagle offshore wind farm, which has a capacity of 476...
SEC Chair Gary Gensler was forced once again to come to the defense of the Commission’s long-awaited climate disclosure rule. This time, it was in front of a US Chamber of Commerce...
Francis has been vocal about climate issues in recent years Pope Francis will attend the Cop28 climate summit in Dubai next month, marking the first time a pontiff has participated...
Google Cloud and Polsat Plus Group (GPP) have announced strategic partnership where Google will sign its first, in Poland, agreement for the purchase of clean and green electricity. Thanks to...
Iberdrola has installed the largest solar community in Spain at the Nexum Retail Park, located in Fuenlabrada (Madrid). This form of self-consumption will allow 1,100 families living within a maximum of two kilometres of...
The legislation voted on by the Industry Committee on 25 October 2023, is intended to bolster Europe’s manufacturing output in technologies needed for decarbonisation. The “Net-Zero industry act” sets a...
Ireland has the potential to develop a sustainable aviation fuel (SAF) industry generating revenue of €2.55 billion by 2050 and providing up to 1,000 high-skilled jobs. These are the findings...
The Federal Department of Finance (FDF) will draw up a proposal for implementing the Federal Council’s position on the prevention of greenwashing. Accordingly, the FDF informed the Federal Council at...
The A2A Group, one of Italy’s largest players in the energy transition, and Enfinity Global Inc, a leader in renewable energy, announced the signing of a Power Purchase Agreement (PPA) for three...
The Council adopted a regulation creating a European green bond standard. The regulation lays down uniform requirements for issuers of bonds that wish to use the designation ‘European green bond’...
Copenhagen Infrastructure Partners has reached final close for its two new funds, CI Advanced Bioenergy Fund I (CI ABF I) and CI Green Credit Fund I (CI GCF I) with...
Amazon’s European renewable energy projects created €2.4 billion in economic investment, and more than 3,900 jobs in 2022 alone. Amazon announced that the company added 39 new renewable energy projects...
Has the ESG backlash hit Europe? After spearheading the climate and sustainability agenda for years, a proposal to block Europe’s ESG reporting rules was narrowly defeated, and another proposal to...
The EU Council has reached an agreement (‘general approach’) on a proposal to update and strengthen the regulation on CO2 emission standards for heavy-duty vehicles. The aim of the proposal is...
Axpo subsidiary CKW and Leuk TDC are breaking new ground in photovoltaics with satellite dishes converted into solar systems. At 1,000 metres above sea level, Leuk TDC is largely self-sufficient...
The EU Commission is proposing for the first time measures to prevent microplastic pollution from the unintentional release of plastic pellets. Currently, between 52 and 184 thousand tonnes of pellets are...
Cepsa has begun to search for and develop projects for the construction and operation of biomethane production plants from agricultural and livestock waste to decarbonize its industrial activity, replacing the...
The collaboration will be formally launched at EIT InnoEnergy’s “The Business Booster” event Oct. 18-19, in Amsterdam. The green transition will drive demand for millions of new roles in renewable...
Ten European cities were awarded the Label of the EU Mission for Climate-Neutral and Smart Cities, one of the EU Missions in Horizon Europe. The EU Mission Label is an important...
The Environment Committee adopted its proposals to lower pollutant emissions and set battery durability requirements for passenger cars, vans, buses and trucks. The Committee on the Environment, Public Health and...
The European Investment Bank (EIB) has invested €150 million in the inaugural €600 million green bond issue by automotive supplier Valeo. A key feature of this operation is the establishment of a...
ING has published its annual Climate Report. This report explains how their financing impacts climate change, as well as how climate change impacts their business. It includes their progress on...
The EU has officially launched the first phase of its Carbon Border Adjustment Mechanism (CBAM), the world’s first carbon tariff. The first phase of the CBAM targets imports of emissions-intensive products, including...
Italy’s renewable energy producer vexuvo is set to invest 1.5 billion euros ($1.6 billion) on solar panels sites in the next three years as it aims to generate earnings of...
The Commission welcomes the provisional agreement reached by the European Parliament and the Council on strengthened rules to massively reduce greenhouse gas (GHG) emissions from fluorinated gases (F-gases) and ozone-depleting...
MEPs adopted a new voluntary standard for the use of a “European Green Bond” label, the first of its kind in the world. The regulation, adopted by 418 votes in...
The Burberry Foundation announces it is partnering with Save the Children to launch Life Chances, a programme designed to support young people impacted by the humanitarian crisis in Ukraine. Life Chances...
Dutch King Willem-Alexander jointly with the board members of Vattenfall, BASF, and Allianz officially inaugurated the offshore wind farm Hollandse Kust Zuid 1-4. The wind farm is in the North...
The European Union (EU) has launched the first phase of the world’s first carbon border tariff, a landmark tool designed to put a fair price on the carbon emitted during...
A €100/month electric vehicle (EV) leasing scheme is to be introduced in France from November as part of the country’s climate action strategy, French President Emmanuel Macron announced, though only...
Danish pension fund AkademikerPension, which oversees $20 billion in client assets, has completed a multiyear divestment program to purge its portfolio of oil and gas stocks. AkademikerPension has announced that...
Alcazar Energy, a leading renewable energy investor in growth markets, announces its acquisition of rights to a 118 MW wind farm project in Montenegro – a major milestone in its...
Iberdrola has won the best utility in the world in ESG (environmental, social and governance) information disclosure, and the first company in Europe in the Print-Based Alternative Reports category of the League...
A new important agreement between the UK and Germany could help to accelerate the development of an international hydrogen industry – with the 2 countries at the cutting edge of...
50-point plan also aims to reduce greenhouse gas emissions by 55% and includes new offshore wind projects France has unveiled an ambitious “ecological plan” to combat climate change, aiming to...
German logistics giant DHL is joining forces with energy firm HH2E and South African petrochemicals firm Sasol. Together, they are embarking on a pioneering venture to expand the production of...
The European Union Chamber of Commerce in China has honored Trina Solar with the title of Decarbonisation Leader for its achievements in low-carbon transition and climate change mitigation. The company received the award...
The European Investment Bank (EIB) has signed an agreement to co-finance the construction of Poland’s first offshore wind farm — one of the largest in the world — with a...
TotalEnergies and European Energy have agreed to jointly develop, build and operate in a 65/35 joint-venture at least four GW of onshore renewable projects in multiple geographies. The partnership aims...
TotalEnergies has announced the building of a new mechanical recycling unit for plastic waste at its Grandpuits site southeast of Paris. This new investment follows those announced in June 2023...
Germany is on track to generate over 50% of its power from renewable energy in 2023, but needs to ramp up the speed of its transition towards the end of...
Norway’s $1.4 trillion sovereign wealth fund, the world’s largest, has tightened its climate risk demands on companies it invests in. The fund, which pools the Norwegian state’s revenues from oil...
MEPs approved a new law to increase the uptake of sustainable fuels, such as advanced biofuels or hydrogen, in the aviation sector. The RefuelEU aviation rules are part of the “Fit...
Ingka Group, the largest IKEA retailer, announces it has signed an agreement with H2 Green Steel for the delivery of green steel, to be used in IKEA warehouse racking. The...
Deutsche Bank and the European Investment Bank (EIB) are entering a new cooperation to support mid-sized companies with their sustainable transformation ambitions. Firms with between 250 and 3,000 employees will...
EU Parliament voted to boost the deployment of renewable energy, in line with the Green Deal and REPowerEU plans. The update of the Renewable Energy Directive (RED), already agreed upon...
Google has signed its first long-term renewable energy deal in Ireland, a 58 megawatt (MW) agreement with Power Capital Renewable Energy for new-to-the-grid capacity from the Tullabeg Solar Farm. The...
The European Union is cracking down on fast fashion waste, with new rules that would require retailers to contribute to the cost of collecting used clothes for reuse and recycling....
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