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TikTok’s Multi-Year Carbon Commitment TikTok has entered a multi-year partnership with Climeworks to remove 5,100 tons of CO₂ from the atmosphere by 2030. The plan combines Direct Air Capture, Biochar,...
Mizuho Bank and Temasek-owned GenZero announced a partnership to develop transition credits, a financial tool designed to support the early retirement of coal-fired power plants and accelerate the shift to...
Climate Fund Managers (CFM) announced the launch of Climate Investor Three (CI3), a blended finance fund targeting the energy transition and green hydrogen sectors. The fund has already secured €150...
Australia’s Green Iron Push Australia on Thursday unveiled a A$1 billion ($636 million) Green Iron Investment Fund to support green iron manufacturing and its supply chains, including an initial A$500...
Schneider Electric’s Sustainability Milestone: Schneider Electric, a global leader in energy management and automation, exceeded its 2024 sustainability targets with a Sustainability Impact (SSI) score of 7.55, outpacing the 7.40...
AI Advances in Flood Forecasting Google’s Flood Hub is rolling out new tools to help experts assess flood risks more precisely. The latest updates include: These enhancements support aid organizations,...
The Government of Canada is set to issue its third Canadian-dollar-denominated green bond this week, subject to market conditions. This follows a $4 billion issuance in February 2024, which was...
The Taskforce on Nature-related Financial Disclosures (TNFD) has introduced two new capacity-building platforms to strengthen market participants’ understanding of nature-related financial risks and opportunities. New Learning Platforms: Why It Matters:...
Nestlé and Mars have partnered with New Zealand-based dairy cooperative Fonterra to fund new initiatives aimed at reducing the climate footprint of dairy farming. Dairy is the largest source of...
ONGPL, a 50:50 joint venture between ONGC Green Limited (OGL) and NTPC Green Energy Limited (NGEL), has signed a Share Purchase Agreement (SPA) to acquire a 100% stake in Ayana...
Ingka Group today released its Net Zero Transition Plan, reinforcing its climate commitments and aligning with the Paris Agreement’s 1.5°C target. The plan details a roadmap to significantly cut emissions...
Japan’s government approved a long-term plan to cut emissions, revise energy policy, and boost industrial capacity through 2040. The strategy aims to stabilize business policies while ensuring energy security and...
The Deal: TotalEnergies and Air Liquide are partnering to decarbonize European refineries by producing green hydrogen using offshore wind power. The collaboration includes two key projects: Why It Matters: These...
BYD and SEC’s Landmark Deal BYD Energy Storage and Saudi Electricity Company have signed the world’s largest grid-scale energy storage contract, totaling 12.5GWh. Combined with a previously delivered 2.6GWh project,...
The International Civil Aviation Organization (ICAO) is launching the Finvest Hub, a global platform designed to secure funding for aviation sustainability initiatives. This move, formalized through a Letter of Intent...
Global sustainable bond issuance is projected to hit $1 trillion in 2025, sustaining the momentum from 2024. ESG Challenges Deepen Big picture: The gap between decarbonization goals and real-world implementation...
BlackRock has named Louise Kooy-Henckel as its new EMEA Head of Sustainable and Transition Solutions (STS), reinforcing its commitment to ESG-driven investment strategies. Why it matters: Kooy-Henckel’s appointment comes at...
A New Framework for Climate Decision-Making JPMorgan has introduced Climate Intuition, a new thought leadership series aimed at equipping businesses and investors with the tools to navigate climate-related risks and...
Hydrostor, a leading long-duration energy storage developer, has secured $200 million USD in funding from Canada Growth Fund Inc. (CGF), Goldman Sachs Alternatives, and Canada Pension Plan Investment Board (CPP...
Microsoft’s Sustainability Progress Melanie Nakagawa, Chief Sustainability Officer at Microsoft, reflects on the company’s sustainability journey as it reaches the five-year midpoint toward its 2030 carbon-negative, water-positive, and zero-waste commitments. Microsoft’s...
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