Category: Global News
Navigating Stricter EU Emissions Rules To comply with the EU’s 2025 carbon emissions rules, major automakers are partnering with electric vehicle (EV) leaders like Tesla and Polestar to pool CO₂...
U.S. Banks Leave NZBA Amid Political U.S. Banks Leave NZBA Under Political and Legal Pressure Morgan Stanley, Citi, and Bank of America have joined Wells Fargo and Goldman Sachs in...
Portugal’s Renewable Energy Milestone Portugal’s renewable energy generation hit a record 71% in 2024, marking a significant leap from 61% in 2023, according to grid operator REN. REN stated, “This...
What’s happening: India is reconsidering its decade-old, $30 billion program requiring coal-fired power plants to install flue-gas desulphurization (FGD) systems. Only 8% of the 540 targeted power plant units have...
The European Commission has awarded the construction contract for its new Joint Research Centre (JRC) building in Seville, Spain. Once approved by the European Parliament and the Council of the...
Europe’s Banks Are “In Debt to the Planet” Europe’s 25 largest banks are not doing enough to address the dual crises of climate change and biodiversity loss, according to a...
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 News: The European Parliament approved a one-year delay for the EU deforestation law, which aims to ban products sourced from deforested or degraded land. Initially set to take effect...
Invesco Unveils Climate-Focused ETF Invesco Ltd. has launched the Invesco MSCI North America Climate ETF (KLMN), which debuted on the New York Stock Exchange with $2.4 billion in assets from...
The Story: Microsoft has launched a groundbreaking datacenter design that consumes zero water for cooling, a significant step toward sustainability amid rising water stress. The innovative design employs chip-level cooling...
Why it matters: Offshore wind is pivotal for decarbonizing hard-to-abate sectors and achieving global net-zero goals. bp and JERA are joining forces to accelerate progress with JERA Nex bp, set...
Here are five notable sustainability developments from the past week: Related Article: IMF Barbados Agree To $30 Million in Loans Under Climate Trust Follow ESG News on LinkedIn ESG News...
Oslo, Norway, Dec 6, 2024 (ESG NEWS) – SLB Capturi has achieved a major milestone with the completion of the world’s first industrial-scale carbon capture plant at Heidelberg Materials’ cement...
Meta Platforms Inc. has announced a deal to purchase green credits from four major U.S. solar energy projects developed by Invenergy. This strategic move aims to meet Meta’s escalating clean...
ADNOC has unveiled XRG, a transformational international investment company with an enterprise value exceeding $80 billion. The independently operated venture focuses on lower-carbon energy and chemicals, aiming to double its...
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