Electra, the clean iron startup aiming to decarbonize steelmaking, has raised $186 million in Series B funding. The round, co-led by Capricorn Investment Group and Temasek Holdings, pushes the company’s...
The Dutch government will invest €639 million ($726 million) into the Aramis carbon capture and storage (CCS) project after Shell and TotalEnergies withdrew from funding the pipeline infrastructure. Their exit...
CSA Backs Away From Mandatory Climate Rules—for Now The Canadian Securities Administrators (CSA) announced it is pausing its work on implementing mandatory climate-related disclosure requirements, citing heightened economic and geopolitical...
American Express Global Business Travel (Amex GBT) has launched a new data-driven sustainability recommendations feature for its Egencia platform, offering clients a first-of-its-kind solution to help reduce their corporate travel...
Goldman Sachs shareholders decisively rejected two anti-DEI proposals at the firm’s annual meeting, with each receiving only 2% support. The proposals, submitted by the National Center for Public Policy Research...
Novata has launched a new ESG Due Diligence solution designed to overhaul how private market deal professionals manage sustainability data—making it easier, faster, and more connected to long-term investment outcomes....
New York City Comptroller Brad Lander is tightening climate accountability across Wall Street, warning asset managers that failing to deliver robust Net Zero plans by June 30, 2025, will result...
XPRIZE Awards Largest Climate Incentive in History XPRIZE has announced the winners of its $100 million Carbon Removal competition, a four-year global challenge backed by Elon Musk and the Musk...
Global business leaders are no longer sitting on the sidelines of the clean energy transition. A powerful consensus—97% of executives across 15 global markets—now urges governments to fast-track the phase-out...
Google has signed its first offshore wind power purchase agreement (PPA) in Asia Pacific, committing to buy clean energy from the 495 MW Fengmiao I offshore wind project in Taiwan....
IBM and the European Space Agency (ESA) have open-sourced TerraMind, the most advanced generative AI foundation model for Earth observation, now available on Hugging Face. Trained on TerraMesh—the largest geospatial...
The New York State Common Retirement Fund is scaling up its climate investment strategy, adding $2 billion to the FTSE Russell TPI Climate Transition Index fund. This marks the second...
The U.S. federal government has ordered an immediate halt to construction on Equinor’s $5 billion Empire Wind project, the largest offshore wind farm planned to serve New York City, signaling...
IFC Announces Generational Review of Sustainability Framework The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has officially launched a multi-year overhaul of its Sustainability...
Robeco has launched the Biodiversity Traffic Light, a new investor tool designed to help capital allocators identify which companies are leading—or lagging—in biodiversity and nature-related performance. “Robeco’s Biodiversity Traffic Light...
Microsoft is backing a major U.S. nature-based carbon removal initiative, agreeing to purchase 1.4 million tonnes of carbon removal credits from Living Carbon, a public benefit company specializing in transforming...
The Greenhouse Gas (GHG) Protocol has expanded its Independent Standards Board (ISB) by welcoming five major sustainability standard-setters as non-voting observers—CDP, EFRAG, GRI, ISSB, and SBTi. These entities influence or...
Microsoft has hit a major environmental milestone—achieving a 90.9% reuse and recycling rate for its servers and components in 2024, a full year ahead of its zero-waste target for 2025....
The UK government has launched a consultation on a set of six “integrity principles” for carbon and nature credit markets, aiming to build trust, enhance transparency, and accelerate private sector...