Category: News
The funds, totalling €820 million, are earmarked for the infrastructure investment plan of i-DE, Iberdrola’s electricity distribution company in Spain The project, which will maintain 10,000 jobs per year, is...
Nescafé Plan 2030 will help coffee farmers transition to regenerative agriculture 125 million people depend on coffee for their livelihoods An estimated 80% of coffee-farming families live at or below the...
Funding will expand operations across the US and globally to meet increased property owner demand for affordable turnkey electric vehicle charging station networks Loop Global Inc., an EV charging infrastructure...
Walgreens giving $500,000 each to Florida Disaster Fund and American Red Cross Hurricane Fund to support relief efforts; Company also making product donations to assist communities in need Walgreens is...
The New Community Transformation Fund-Denver (NCTF-Denver), a Colorado-based black-owned and black woman-led high-touch venture capital firm funded by innovative public-private partnerships, announced the fund’s first close with $10.6 million in...
In a category first, Quality Street to move twist-wrapped sweets to paper packaging At the same time, KitKat will launch wrappers made with 80% recycled plastic that can be recycled at stores across the UK and...
The World Bank estimates that the project will reduce greenhouse gas emissions by 965,000 tons over 30 years. Project will strengthen railway network in Egypt, enhancing the country’s green transition....
IKEA’s home deliveries will be made by electric vehicles by 2025 as part of a target at the world’s No.1 furniture brand to drastically reduce greenhouse gas emissions over the...
Company to deploy over 200 associates and host relief events to help affected communities in Florida Lowe’s announced it will donate $2 million to support relief efforts in Florida after Hurricane Ian left devastation across...
The Federal Reserve Board on Thursday announced that six of the nation’s largest banks will participate in a pilot climate scenario analysis exercise designed to enhance the ability of supervisors...
Bank of America published its most recent Task Force on Climate-related Financial Disclosures report, which includes enhancements in line with guidance published by the Financial Stability Board’s TCFD in 2021 as well...
Collaboration focuses on increasing energy density and cost reduction in future GM EV batteries GM Ventures participates in OneD’s Series C $25 million funding round General Motors Co. and OneD Battery Sciences announced the execution...
Financing for the Mexican state-owned oil giant would be linked to carbon emissions reduction goals Pemex has been under increasing investor pressure to improve environmental track record Spread on Pemex...
SHEIN, a global e-retailer of fashion, beauty and lifestyle products, has released targets to reduce overall emissions across its entire value chain by 25% by 2030 and its greenhouse gas...
Hertz and BP Pulse, the oil giant’s EV charging unit, to install thousands of chargers at Hertz locations nationwide Hertz plans to add hundreds of thousands of EVs to its...
The teaming will help clients achieve greenhouse gas reduction goals, initially focusing on consulting services Accenture is collaborating with Toshiba to provide consulting services to support green transformation efforts of...
Loan tied to Concordia University Foundation’s public target of 100 per cent sustainable investments by 2025, including by doubling its social or environmental impact investment The facility underpins the Foundation’s commitments as...
EPA’s historic Office of Environmental Justice and External Civil Rights will position the agency to better advance environmental justice, enforce civil rights laws in overburdened communities, and deliver new grants...
Airline’s “roadmap to net zero” strategy focuses on sustainable fuel and more efficient planes Steps validated by the Science-Based Targets Initiative (SBTI) Carbon offsetting in airline industry is regarded by...
New photovoltaic plant will produce nearly 75 gigawatt hours per year as one of the largest installations in Europe Plant will supply electricity to Solvay’s industrial sites in Tavaux and...
Announcement made at first-ever Global Clean Energy Action Forum Forum comprised 34 nations and nearly 400 CEOs “Investing in innovation anywhere speeds deployment and increases affordability of clean energy everywhere.”...
Virgin Atlantic to buy up to 100 million gallons; JetBlue, 25 million gallons Airline industry contributes about 2% of global CO2 emissions SAF annual production expected to exceed 1.3 billion...
Plans center on increasing energy efficiency, followed by implementation of renewable fuels Interim goal to achieve carbon-free electricity usage by 2030 Trains are among the most sustainable modes of transportation...
First-of-its-kind “living atlas” Using AI and satellite imagery, the Global Renewables Watch maps renewable energy installations from space First full global inventory expected to be completed by early 2023 Microsoft...
Amid COVID-19 recovery and global supply disruptions, countries are focusing on local supply chains Solar energy is fastest growing sector, accounting for more than a third of current global workforce...
First-of-its-kind payment option in the financial services industry Shows how investing in strong ESG frameworks can result in tangible benefits “The insurance industry has a central role to play in...
This is New York City’s first sale of social bonds Proceeds will finance over 3,000 units of affordable housing Meets growing investor demand for investments that advance socially conscious goals...
Active funds to exclude thermal coal companies by 2030 in the EU and OECD, and globally by 2040 Stronger engagement with company management that could result in voting against the...
New assistance builds on $6.9 billion already committed this year by the U.S. Funding will save lives through emergency interventions and investments in medium to long term food security assistance...
Houston is home to 40% of all publicly traded oil and gas companies The Gulf Coast is responsible for 10% of emissions in the U.S. and 3% of global emissions...
Framework will support financing, monitoring, data collection and delivery of Green Residential Development Loans Designed in collaboration with CBRE Environmental Consulting Group Barclays Corporate Banking has announced the launch of...
New Net Zero Marketplace connects buyers with ecopreneurs in a trusted, transparent carbon credit platform to scale climate-positive impact Carbon credit providers Climate Impact Partners, Cloverly, Lune, Pachama, Native, A Public Benefit Corporation, Respira International, and South...
First portfolio of high quality carbon credits established by major aircraft leasing company with $53.3m investment Part of SMBC Aviation Capital’s wider commitment to supporting its customers’ net zero ambitions...
World’s biggest carbon removals deal announced at New York Climate Week Renewable energy leader Drax Group and impact-driven carbon finance business Respira International have announced a pioneering agreement that will...
Amazon now has 202 renewable energy projects in North America, 117 in Europe, 57 in Asia and the Pacific, one in the Middle East, one in Africa, and its first project in South America The total renewable...
Through its social purpose platform, Mission Every One, Macy’s, Inc. is committed to creating a brighter future for all and creating a more equitable and sustainable future. Macy’s, Inc. is providing...
The program will fund projects advancing climate resilience and access to public green spaces and sport in communities disproportionately impacted by climate threats Green spaces play a critical role in...
Funding rund led by Fortive and supported by AEP PepsiCo, Walgreens and Dell also part of new financing To respond to growing focus on ESG risk management Software platform Datamaran...
Infinium’s Electrofuels production facility in Texas will use approximately 18,000 tons per year of recycled CO2 waste The electrofuels will power vehicles in Amazon’s middle mile fleet for approximately 5...
The climate-first venture firm has initiated two new investment funds and a sustainability knowledge hub Extantia’s existing portfolio companies includeH2PRo, INERATEC, GA Drilling, BeZero and Reverion “We provide economically and...
Nike announced that it has joined Ant Group’s Green Energy Initiative and launched an official mini program on Alipay, the leading digital open platform, to encourage more consumers to recycle...
Force for Good Initiative’s annual report shows 35% increase in funding gap to achieve UN’s Sustainable Development Goals (SDGs) Rise driven by historic underfunding, requirements to achieve net zero and...
Actively-managed fund will track about 200 US companies At least half of each company’s revenue must come from climate solutions High-carbon emissions companies will be screened out An online investment...
Decarbonization to be based on issuer-specific climate score Corporate bond holdings to be tilted towards issuers with better scores Tilting to be applied to all corporate bond purchases settled as...
Comcast will grow its network more sustainably by cutting the electricity per byte of data in half by 2030. Comcast powers SCTE Cable-Tec Expo 2022 with 100% clean energy for...
This year’s Green Power Leadership Award recipients are using 17.4 billion kilowatt-hours of green power Enough to power more than 1.6 million average American homes for a year “These companies...
EPC Power is the only U.S.-based, end-to-end power conversion solution provider Industry-leading technology directly supports the renewable energy transition while preserving grid reliability and performance Energy storage installations globally are...
The Group has set more ambitious short-term and long-term carbon reduction targets, including achieving a 90% reduction in all carbon emissions across scope 1, 2 and 3 by 2040, and...
Indiana is the number one ranked manufacturing production state in America per capita City of Marion and GM have enjoyed a 65-year partnership Investment will support vehicles built at GM...
KPIs in each business area to underpin executive compensation and employee evaluations Critical focus on human capital development Focus on climate change; diversity, equity and inclusion (DE&I); respect for human...
Strategic partnership is expected to reach up to 2 million acres by 2030 Initial enrollment will include corn, soy and wheat farmers in Kansas, Minnesota, Iowa, Illinois, Indiana and Nebraska...
– To achieve net zero emissions by 2050; Joins RE100 initiative– Energy- and resource-efficient products to empower consumers for sustainable living– To invest in and develop innovative technologies for a...
Founder Yvon Chouinard and family have transferred all ownership to two new entities Every dollar that is not reinvested back into Patagonia will be distributed as dividends to protect the...
First residential solar and battery investment by BlackRock’s Climate Infrastructure business in Asia BlackRock commits NZD 100 million (US$60 million) investment over next three years New Zealand has set a...
Assessment will focus on bank’s efforts to serve diverse communities and promote a diverse workforce To be conducted by Covington & Burling LLP “Critical next step in reinforcing our commitment...
Reducing CO2 emissions is company’s most important management issue Supply volume expected to be 300,000 tons per year Nippon Steel will launch sales of “NSCarbolex Neutral,” a steel product that is certified...
Funding will support R&D of bioenergy crops, industrial microorganisms and microbiomes A thriving U.S. bioeconomy creates good-paying jobs and helps meet the nation’s climate goals The U.S. Department of Energy...
70 initial projects will expand markets for climate-smart commodities Program designed to build wealth that stays in rural communities and support diverse range of producers Expected to reach more than...
Memorandum of Understanding to supply more than 800,000 tons of Sustainable Aviation Fuel (SAF) for the years 2023-2030 Cooperation to include new locations and new SAF production technologies OMV is...
Solution designed to integrate data from emissions-producing activities with initiatives to abate them Provides transparency to all stakeholders Helps businesses accurately and swiftly measure and reduce their overall carbon footprint...
Solar energy packages developed specifically for IKEA Family loyalty members “We need to make the process of switching to renewables convenient and easy” To continue its ambition to make sustainable...
Company is committed to reducing greenhouse emissions 26% by 2030 and being net zero by 2050 Moving freight by rail instead of truck reduces GHG emissions by up to 75%...
Series E round led by new investors BMO Impact Investment Fund and Ares Management By 2023, the company will own and operate 13 high-tech, climate-controlled hydroponic greenhouses, covering more than...
The Monetary Authority of Singapore and Singapore Exchange have jointly launched ESGenome, a digital disclosure portal for companies to report ESG data in a structured and efficient manner, and for...
Committed to telling and amplifying stories of underrepresented audiences 7 of 12 Paramount Board members are women — one of the highest percentages among S&P 500 companies “Our duty and...
On will resell used shoes on the new site, called Onward, and plans to add clothing by the end of the year The Swiss athletic brand On is launching a resale site Thursday, making it...
Newly-developed BMW round cells optimized for NEUE KLASSE architecture Costs for whole high-voltage battery up to 50% lower than for current generation “Huge leap in technology for energy density, charging...
Kroger’s Zero Hunger | Zero Waste impact plan has directed 2.3 billion meals to communities Company continues to achieve milestones in climate impact, packaging, human capital management, human rights and...
Solution will help (re)insurers operationalize the way they measure ESG risk at point of underwriting “The (re)insurance industry has a pivotal role to play in helping corporates make the transition...
Strategic partnership and joint production that aims to set the standard in sustainable and all-electric transportation European factory would produce large electric vans for both companies Further options for increased...
New benchmarks based on most recent Intergovernmental Panel on Climate Change (IPCC) report “The 2021 IPCC report signaled a ‘code red’ for humanity.” More than half of global AUM are...
Thematic active ETFs will seek to provide access to alpha opportunities through a range of sustainable themes Funds focusing on Consumption, Social Advancement and Infrastructure J.P. Morgan Asset Management has...
Agreements include 10 global airlines. Sustainable aviation fuel (SAF) is associated with up to a 100% reduction in greenhouse gas emissions vs. traditional jet fuel. “SAF has a vital role...
New data visualization tool designed to make sustainable investing more understandable, engaging and actionable. Empowers investors to make choices that align with their own definition of success. Differing motivations warrant...
Image sources: DOE, Pixabay Urban Integrated Field Laboratories (IFLs) will inform the development of resilience technology to protect diverse communities Locations include Chicago, Baltimore and Texas Gulf Coast “Understanding the...
Image source: Walmart Collaboration will ultimately serve hundreds of thousands of Medicare beneficiaries. Initial launch in Florida and Georgia. “We’re on a journey to transform health care… at a cost...
J.P. Morgan research analysts to leverage Datamaran to monitor material ESG risks and opportunities. Datamaran’s AI-driven technology measures both financial and impact materiality. Datamaran, a leading ESG risk management platform,...
Image: Iberdrola Tower, Bilbao. Source: Iberdrola Iberdrola Chairman Galán met with Victoria’s Premier Andrews and Minister D’Ambrosio of Energy, Environment, Climate Action and Solar Homes. Company currently has a portfolio...
Image: Electric arc furnace #1 at U. S. Steel’s Fairfield Works. Source: U.S. Steel U. S. Steel announced the closing of $290 million unsecured Arkansas Development Finance Authority environmental improvement...
Image source: Aegon Asset Management Fund to have at least 30% less carbon intensity than broader credit market Embedded with Aegon’s proprietary climate transition and ESG analysis Aegon Asset Management...
Image source: Howden Group Insurance covers third-party fraud, negligence Partnership with Respira and Nephila Capital Carbon credit trading projected to exceed $50 billion by 2030 Broker Howden Group said it...
World’s first EV charger to connect to a Home Energy Management System enables control over charging time, CO2 emission monitoring and lowers energy bills Connect to the Wiser App to manage...
The Tyre Collective does not yet have a name for its device. Hanson Cheng, one of the London-based startup’s three co-founders, calls it a “box.” Built to attach behind the wheel...
Lufthansa Technik has begun applying a film to reduce air drag Riblet drag reduction may be applied to wind turbines, ships Earlier this year, a Lufthansa Group Boeing 747-400 flying on the...
DG Fuels will provide Delta with 385 million gallons of a new low-emissions sustainable aviation fuel, a vital resource needed for aviation to reach its sustainability goals. The production...
Funding Supports 22 Projects to Convert Waste Streams and Carbon Captured from Algal Systems into Biofuel Energy, Spurring Multi-Sector Decarbonization The U.S. Department of Energy announced $46 million for 22...
Accenture Sustainability Services expands its unique ability to use technology, science, data, and economics to drive sustainable impact for clients globally Accenture has acquired Carbon Intelligence, a leading carbon and climate...
Bank of America Corp is expanding its newly formed ESG advisory and financing solutions team with four new hires, according to an internal memo seen by Reuters. The bank formed the...
Walmart and Sustainable Beef LLC will work collaboratively to increase visibility in the beef supply chain and help ranchers grow their business Walmart and Sustainable Beef LLC announced that Walmart...
Toyota Motor Corporation has decided to invest up to 730 billion yen (approximately $5.6 billion) in Japan and the United States toward supplying automotive batteries for battery electric vehicles, for...
New TD ETF offers investors exposure to a unique and growing asset class that exhibits a historically low correlation to traditional asset classes TD Asset Management Inc. announced the launch...
Walgreens Boots Alliance, Inc. announced that Alethia Jackson has been named senior vice president, ESG and chief DEI officer for the U.S. Jackson most recently served as vice president, federal...
The Milwaukee Bucks player — who once had money in dozens of bank accounts — is teaming up with Calamos Investments on an ESG fund. The NBA superstar who once had cash in 50 different...
Zero down payment, zero closing cost mortgage advances efforts to broaden access to homeownership and adds to its existing $15 billion Community Homeownership Commitment Bank of America announced a new...
Pentagreen Capital aims to accelerate development of Asian sustainable infrastructure Sustainable infrastructure debt financing company Pentagreen Capital, which is backed by HSBC and Singapore state fund Temasek, has opened its...
New company will work to address global issues related to food, water, and the environment by utilizing data and cutting-edge digital technology Kubota Corporation and Accenture have formed a new...
Ingka Investments, the investment arm of Ingka Group, acquires a 49 percent share in three offshore wind development projects in Sweden. The projects have the potential to reach a total...
LG Energy Solution and Honda Motor Co., Ltd. has announced an agreement to establish a joint venture company to produce lithium-ion batteries in the U.S. to power Honda and Acura...
$750 million bond offers minority-owned brokerages lead underwriting opportunity Toyota Financial Services (TFS) reinforced its dedication to integrating Diversity & Inclusion in all areas of its business through the issuance of...
MIM to expand sustainable investing solutions for institutional clients MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc., announced that it has entered into a definitive agreement...
