Schroders Greencoat, the renewable infrastructure investment arm of Schroders Capital, has acquired a 24.5% stake in the UK’s West of Duddon Sands offshore wind farm from Ørsted for £456.1 million...
Euronext is leading a strategic shift in European capital markets by redefining ESG—traditionally known as Environmental, Social, and Governance—as Energy, Security, and Geostrategy. The move aims to channel investment into...
The U.S. Department of Justice has filed lawsuits against New York and Vermont, challenging their newly enacted “climate superfund” laws that seek to hold fossil fuel companies financially accountable for...
The Rockefeller Foundation plans to retire 60 coal-fired power plants in developing countries by 2030 through a new carbon finance initiative, following the approval of its methodology by leading carbon...
Dow and X, Google’s innovation lab known as the Moonshot Factory, have joined forces to tackle one of the largest barriers to plastics circularity: recycling films and flexibles—packaging materials that...
Microsoft has more than doubled its carbon removal commitment with Stockholm Exergi, increasing the volume of carbon dioxide to be permanently stored from 3.3 million tons to 5.08 million tons...
Verra has introduced a groundbreaking methodology to drive the early retirement of coal-fired power plants while ensuring that communities and workers aren’t left behind. The Verified Carbon Standard (VCS) methodology,...
Artio, a climate-focused insurer, has become the first company to receive Lloyd’s coverholder approval to underwrite carbon projects at the earliest stage—before implementation begins. This pioneering move enables investment in...
State Street Global Advisors (SSGA), which oversees €4.1 trillion in assets, has named Hannah Shoesmith as Managing Director and Head of Sustainability Stewardship to lead its latest ESG initiative—a newly...
A coalition of 30 institutional investors representing $1.6 trillion in assets has publicly urged HSBC to recommit to its net zero climate goals, following what they describe as “deeply concerning...
Inter IKEA Group has officially appointed Lena Julle as its Chief Sustainability Officer, effective 1 May 2025, reinforcing its commitment to net-zero emissions and circular business transformation. Julle, a 30-year...
The Forest Stewardship Council (FSC) and Mirova, a sustainable investment arm of Natixis Investment Managers, have signed a strategic Memorandum of Understanding (MoU) to channel responsible finance into sustainable forestry...
Ara Partners has closed its inaugural infrastructure fund, raising over $800 million, surpassing its $500 million target. The capital supports its Ara Infrastructure strategy, aimed at transforming the industrial economy...
The UK’s Financial Conduct Authority (FCA) has paused its plan to broaden its Sustainability Disclosure Requirements (SDR) and sustainable investment labelling regime to include portfolio managers. This decision comes despite...
The Bank of England has issued new proposals to reinforce its climate-related supervisory expectations for banks and insurers, citing patchy progress and immature risk frameworks since its 2019 guidance. The...
Syre, a textile-to-textile recycling startup launched by H&M Group and impact investor Vargas, has raised $100 million in Series A funding to make circular polyester production a hyperscale reality within...
Royal Bank of Canada (RBC) has dropped its $500 billion sustainable finance target, citing increased regulatory scrutiny and methodological uncertainty following recent amendments to Canada’s Competition Act. The decision, outlined...
Investor appetite for sustainable investments remains robust, according to Morgan Stanley’s latest Sustainable Signals report. The survey of 1,765 high-net-worth individuals across North America, Europe, and Asia Pacific reveals that...
Pioneer Point Partners LLP has closed its second sustainable infrastructure fund, Pioneer Infrastructure Partners II SCSp, with €1.1 billion ($1.3 billion) in commitments—well above its original €800 million target. “Fund...