President Joe Biden has announced an ambitious 2035 climate target to reduce U.S. greenhouse gas emissions by 61-66% below 2005 levels. This builds on the U.S. commitment to achieve net-zero...
The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) has approved a $15 billion conditional loan guarantee to Pacific Gas & Electric (PG&E) for hydropower, battery storage, and grid...
The Department of Energy (DOE) has approved its largest-ever loan of $9.63 billion to BlueOval SK LLC (BOSK) to construct three electric vehicle (EV) battery plants. These facilities—one in Tennessee...
The Story: California has delayed full enforcement of its climate reporting requirements, originally set to begin in 2026. The California Air Resources Board (CARB) announced it would use “enforcement discretion,”...
Schneider Electric has been named the official sustainability partner of the Boston Athletic Association (B.A.A.), which organizes the Boston Marathon and other iconic races. The six-year partnership will focus on...
Equinix, Inc., the world’s digital infrastructure company, has strengthened its commitment to sustainability by issuing an additional €1.15 billion in green bonds. Following over $750 million issued in September 2024,...
The New York City Employees’ Retirement System (NYCERS) has joined the UN-convened Net-Zero Asset Owner Alliance (NZAOA), reinforcing its commitment to addressing climate change risks in its investment portfolio. “This...
The Asian Development Bank (ADB) is set to expand its climate-related lending by $7.2 billion, thanks to sovereign guarantees from the United States and Japan. This move, unprecedented in climate...
US issuers are propelling green bond sales toward record levels despite shifting policy landscapes. As of early November, green bond sales reached $550 billion, nearing the annual record of $588...
H&M Group has strengthened its commitment to renewable energy through a virtual power purchase agreement (VPPA) with Lightsource bp for the 125MW Second Division solar project in Brazoria County, Texas....
Li-Cycle Holdings Corp. has secured a major $475 million loan from the U.S. Department of Energy (DOE) to fund the development of its Rochester Hub project in upstate New York....
Follow ESG News on Linkedin KPMG’s latest report, Navigating EU Taxonomy: Progress and Pathways to Compliance, provides a comprehensive analysis of the EU Taxonomy disclosures of 291 European companies, offering critical...
In a groundbreaking move for sustainable air travel, California Governor Gavin Newsom announced a pioneering partnership between the state and Airlines 4 America (A4A) to increase the use of sustainable...
1PointFive and Enterprise Partner on CO₂ Pipeline to Support Texas Carbon Sequestration Hub for Industrial Decarbonization Oxy’s 1PointFive, a leading company in carbon capture, utilization, and sequestration (CCUS), and Enterprise...
Key Impact Points: Financing Announcement BrightNight has announced the successful closing of a $260 million tax-equity financing commitment for its 300-megawatt Box Canyon solar project in Pinal County, Arizona. This...
To accelerate the clean energy transition across the U.S., Google has signed the world’s first corporate agreement to purchase nuclear energy from multiple small modular reactors (SMRs) to be developed...
Innovative Financing for Sustainable Development CDPQ, a global investment group, and Nuveen Green Capital (NGC), a leader in sustainable commercial real estate financing solutions, announced the launch of a $600...
The United States is falling behind its ambitious climate targets, with current efforts set to achieve only a 22% reduction in emissions by 2030, significantly short of the 50% reduction...