Category: News
ESG strategy shifts packaging from waste stream to Scope 3 climate lever Packaging provider IFCO has set a target to help its grocery and retail customers avoid one million tonnes...
At the Future of the North Seas Summit in Hamburg, European leaders agreed to drive a new generation of hybrid offshore projects designed to link dozens of gigawatts of wind...
• Allianz acquires 20.25 percent minority stake in îles d’Yeu et Noirmoutier offshore wind farm.• First power delivered in June 2025 with full commissioning expected in Q1 2026.• Investment reflects...
At the start of 2026, corporate climate action reached a new threshold as the Science Based Targets initiative confirmed 10,000 companies now have validated emissions targets aligned with pathways to...
• ENGIE to invest roughly $90 million to build a new biomethane plant in Northern England• 60 GWh of annual biomethane contracted to PepsiCo through a 10 year BPA structure•...
Renewables Seize the Lead Wind and solar generated more electricity in the European Union than fossil fuels in 2025 for the first time on record, according to new data published...
London Rolls Out National Home Upgrade Strategy The UK government has unveiled a fifteen billion pound Warm Homes Plan that aims to retrofit millions of homes with insulation, solar panels,...
Europe’s push toward decentralized energy gained fresh momentum as Cloover secured $22 million in Series A equity and a $1.2 billion debt facility to expand its AI-driven operating system for...
• Singapore launches new ecosystem to accelerate high integrity blue carbon credit development and biomass measurement capabilities across Asia.• WWF and EDB partnership strengthens measurement, reporting and verification capacity while...
The Joint Bank Reporting Committee has published its 2026 Work Programme together with a set of ESG recommendations that target greater alignment in how European banks define, classify and report...
The European Commission is preparing a legal proposal that would require governments across the bloc to purchase green technologies with minimum Made in Europe content. The objective is to reinforce...
• United States proposes new international governance body to oversee Gaza reconstruction and ceasefire enforcement• Permanent Board of Peace seats priced at $1 billion, raising geopolitical and diplomatic questions over...
Google has signed three long term power purchase agreements with Clearway Energy Group totaling 1.2 gigawatts of carbon free capacity to serve the company’s expanding US data center footprint across...
Rio Tinto and Amazon Web Services have begun a bilateral collaboration that connects industrial mining innovation to the expanding needs of U.S. data centres for critical minerals produced with lower...
• Multi-year offtake that sources crop residues for durable carbon removal across India’s cotton belt• More than 2 million tonnes of projected carbon dioxide removals over a 15-year project life•...
Paris Review With Industry Stakes L’Oréal unveiled the first 13 startups and SMEs chosen for L’AcceleratOR, its new sustainable innovation initiative endowed with €100 million over five years. Converted at...
Rolls Royce has appointed former bp Chief Sustainability Officer Ivanka Mamic as Global Head of Government Relations and Chief Sustainability Officer. The new post places sustainability and government engagement within...
New analysis finds rising competition for wood fibre, tightening regulation, and climate disruption are increasing cost and supply risks for paper, packaging, and textile industries Canopy and Finance Earth outline...
UAE climate investment platform ALTERRA and Spanish lender BBVA are preparing to launch a $1.2 billion co investment vehicle that will back climate aligned assets across global markets. The new...
Microsoft has agreed to purchase two million tonnes of nature based carbon removal credits from Rubicon Carbon sourced from Kijani Forestry’s smallholder reforestation project in Northern Uganda. Deliveries will run...
The European Securities and Markets Authority has issued its second thematic note on sustainability related claims, expanding scrutiny of how asset managers and other market actors communicate environmental, social, and...
• Joint venture targets 3.1 gigawatts of new offshore wind capacity for the United Kingdom, enough to power roughly three million homes.• Total capital outlay for the two Norfolk Vanguard...
1PointFive, the carbon capture subsidiary of Occidental, has reached an agreement with Bain & Company for the purchase of 9,000 tons of direct air capture carbon removal credits over three...
A New Model For AI Infrastructure Siting Microsoft announced a national Community-First AI Infrastructure initiative to govern the next wave of AI datacenter construction in the United States, pledging to...
• $100 million Series C financing led by Decarbonization Partners, a joint venture of BlackRock and Temasek• Investment pushes osapiens to unicorn status, building on Goldman Sachs Alternatives and Armira...
• First U.S. soil carbon firm to deliver 1.9 million tons of verified removals, with more than 1.5 million tons already retired by corporate buyers• $40 million paid directly to...
Egypt signed a combined USD 1.8 billion in renewable energy agreements with Norway’s Scatec and China’s Sungrow, a package officials described as central to efforts to expand domestic clean power...
The future of American data infrastructure took a decisive turn this week as TerraPower and Meta unveiled a commercial agreement to deploy as many as eight Natrium advanced nuclear power...
Rio Tinto’s decision to sell up to fifteen billion dollars worth of assets and cut planned decarbonisation spending has opened a new debate over how far mining majors can support...
Cairo Moves to Lock In Long Term Climate Finance Cairo has stepped up its climate finance agenda with the mobilization of €688 million through the Global Green Bond Initiative, reinforcing...
A Legal Challenge as Turbines Near Completion Denmark based Ørsted has launched a legal challenge against the US government after federal authorities ordered construction to halt on its nearly completed...
In the heart of the Mekong Delta, Vietnam’s rice sector is quietly reshaping how agricultural emissions, farmer livelihoods, and export competitiveness intersect. Over the past two years, up to 71,000...
Nearly every new car registered in Norway last year ran on batteries, not petrol. Official figures released on Friday show that electric vehicles made up 95.9 percent of new car...
On a former power generation site in Lower Saxony, RWE has begun commissioning Europe’s largest renewable hydrogen production facility, a project designed to anchor Germany’s industrial decarbonization ambitions and lock...
Morrisons has tightened its climate strategy, securing Science Based Targets initiative validation for a new set of near and long term emissions targets that extend its net zero ambition across...
• Glencore secures majority ownership in Dutch low carbon fuel supplier FincoEnergies, strengthening its downstream footprint in European transport fuels and biofuels.• The deal accelerates consolidation among global commodity traders...
• The European Commission plans legal changes in early 2026 to tighten documentation, customs tracking, and audits of recycled plastic imports.• Europe’s plastics recycling industry has lost more capacity in...
• Alphabet will acquire Intersect for $4.75 billion in cash plus assumed debt, securing long-term clean power capacity for AI driven data centre growth across the US.• Intersect controls a...
Karl Naïm, Chief Commercial Officer at XBTO at ADFW - Panel Session: “Mapping Asset Allocation: Making Sense of Modern Portfolios”
Tokyo is preparing to redirect industrial investment toward clean electricity at scale. The Japanese government plans to allocate 210 billion yen, equivalent to $1.34 billion, in subsidies to support companies...
Abu Dhabi Future Energy Company PJSC, Masdar, has entered the Malaysian market with a landmark power purchase agreement to develop a 200MW floating solar photovoltaic project at the Chereh Dam...
Japan has taken a decisive step toward restarting the world’s largest nuclear power plant after a regional assembly vote cleared the final political hurdle for Kashiwazaki-Kariwa to resume operations. The...
As European governments push to decarbonize transport systems under tightening climate targets, private capital is moving to fill a widening infrastructure gap in rail. KKR has agreed to acquire a...
SSEN Transmission has secured a £1bn ($1.27bn), 12 year syndicated bank facility backed by an £800m financial guarantee from the UK Government’s National Wealth Fund, marking one of the most...
London and Milan are now directly linked through one of Europe’s most consequential carbon infrastructure transactions. Eni and Global Infrastructure Partners, part of BlackRock, have completed the sale of a...
Ottawa Moves To Operationalize Sustainable Finance Framework The Government of Canada has moved from commitment to execution on its long promised sustainable finance taxonomy, announcing concrete next steps to shape...
Microsoft has signed an agreement with InPlanet to remove more than 28,500 tonnes of carbon dioxide between 2026 and 2028 using enhanced rock weathering, deepening its exposure to engineered carbon...
ADNOC has signed a $2 billion green financing facility backed by Korea Trade Insurance Corporation (K-SURE), expanding the state energy company’s sustainable funding pool to $5 billion in just 18...
A Corporate Clean Power Bet in Rajasthan ReNew Energy Global Plc and Google have signed a long-term agreement to enable the development of a new 150 megawatt solar project in...
Barclays is moving to test whether artificial intelligence can turn sustainability data into a commercial advantage for small and medium-sized businesses, announcing a collaboration with climate technology firm ExpectAI to...
Mars, Incorporated and cocoa trader Sucden have launched a five-year collaboration aimed at reducing greenhouse gas emissions and strengthening climate resilience across cocoa farms in the Dominican Republic and Ecuador....
DHL Global Forwarding and Air France KLM Martinair Cargo have expanded their partnership with a new framework agreement aimed at accelerating decarbonization across the air freight sector, shifting the focus...
Parliament clears Omnibus I package The EU Parliament has approved a provisional agreement with EU member states to scale back sustainability reporting and due diligence requirements for companies, marking one...
• Google is open sourcing its internal AI driven sustainability reporting methods after two years of in house use• The playbook targets one of the biggest ESG bottlenecks for corporates...
• Microsoft and Iberdrola have signed two long term wind PPAs in Spain covering 150 MW, extending a transatlantic clean power portfolio to around 500 MW.• The deal links renewable...
• HASI and KKR commit an additional $1 billion to CarbonCount Holdings 1, lifting total investment capacity toward $5 billion with leverage.• Capital targets long-dated US clean energy and sustainable...
• The EU plans to expand its Carbon Border Adjustment Mechanism to cover car parts, household appliances, and downstream steel and aluminium products to close carbon leakage loopholes.• Draft proposals...
As artificial intelligence accelerates the expansion of data centres across Asia, TotalEnergies has locked in a 21-year renewable power supply agreement with Google to support the tech giant’s growing footprint...
PME pulls €5bn mandate from BlackRock BlackRock loses a second Dutch pension mandate in a matter of months after PME, a pension fund for workers in the metal and technology...
• Climate and nature risks are already driving supply chain disruption, insurance gaps, and rising capital costs across sectors• Companies that integrate climate and nature into core strategy can protect...
• New York will require mandatory greenhouse gas reporting from facilities emitting 10,000 metric tons of CO2e or more, beginning in 2027, covering power, fuel supply, waste, and industrial sectors.•...
Australia’s corporate regulator has begun laying the groundwork for the country’s new sustainability reporting regime, releasing the first set of educational materials aimed at smaller companies and report preparers navigating...
Google has signed a long-term power purchase agreement to secure solar electricity from a nearly 30-megawatt project in northern Malaysia, deepening its push to decarbonize energy-intensive operations in one of...
In this week’s ESG News Week In Review, climate ambition and regulatory recalibration moved in parallel as governments, markets, and investors adjusted to the next phase of the transition. The EU...
• Financial institutions can narrow Scope 3 reporting to loans, investments, and assets under management, excluding facilitated and underwriting related emissions.• Amendments reduce operational burden without changing investor-facing climate risk...
• Puro.earth becomes the eighth carbon crediting programme approved under the Core Carbon Principles, clearing a key integrity hurdle for engineered carbon removals.• Approval applies to Puro.earth Standard version 4.2,...
• Abu Dhabi leverages policy, capital markets, and cross border partnerships to scale climate finance across emerging and developed economies• ADSFF convenes global investors, regulators, and innovators to accelerate investment...
• Fervo closes a USD 462 million oversubscribed Series E to accelerate Cape Station, expected to become the world’s largest next generation geothermal project.• The financing arrives as US power...
• J.P. Morgan brings global Treasury and multi-currency payment capabilities to ADGM under a category one license.• Expansion strengthens Abu Dhabi’s position as a financial hub for energy, trade and...
• Google agrees to purchase 3,500 tons of carbon removal from Ebb as part of an early market commitment to ocean alkalinity enhancement.• Partnership builds on Ebb’s work with the...
• Global Infrastructure Partners, part of BlackRock, will invest up to USD 335 million in Aditya Birla Renewables Limited for a minority stake, valuing the platform at roughly USD 1.64...
• EU lawmakers agree on a binding 90 percent net emissions reduction target for 2040, shaping the bloc’s pathway to climate neutrality by 2050.• Deal introduces expanded use of international...
• Apple prepares for its next phase of climate and policy strategy as longtime sustainability chief Lisa Jackson retires in January 2026 after cutting companywide emissions by more than 60...
• Eiffel Energy Transition III reaches USD 1.40 billion, targeting up to USD 3 billion in cumulative deployment through recycling capacity.• More than 30 institutional investors back the fund, reinforcing...
• 2.5 GW in new PPAs and storage agreements to support Meta’s 100 percent clean energy target and rising data center demand.• Projects span ERCOT, SPP and MISO plus a...
• Ninety percent of Austrian firms invested in 2025, outpacing the EU and shifting capital toward replacement and upgrades as uncertainty grows.• Nearly all firms have taken emission-reduction steps, with...
• Uzbekistan activates its first utility scale integrated solar and battery facility, advancing its 2030 goal of 54 percent renewable power.• Masdar’s expanding Central Asia portfolio now exceeds 2 GW,...
• USD 1.9 billion in global commitments announced at ADFW 2025, including USD 1.2 billion in new funding• Resource gap for GPEI 2022–2029 strategy drops to USD 440 million• Funding...
• USD 80 billion in new overseas cleantech investments by Chinese firms in the past year• Total Chinese outbound green tech capital since 2023 now exceeds USD 180 billion• Expansion...
Abu Dhabi Finance Week 2025 opened today on Al Maryah Island with a clear message: the next phase of global finance will be defined by AI, energy, and a fast-evolving...
• €5.2bn in EU ETS revenues channelled into three new 2025 Innovation Fund programmes• €2.9bn for net-zero technologies, €1.3bn for clean hydrogen auctions, €1bn for industrial process heat• Additional €1.765bn...
• Diginex signs MOU to acquire Plan A, combining carbon accounting, ESG data management and supply chain transparency into a single AI-driven product suite.• Pro forma growth acceleration expected from...
• BoE finalises strengthened climate risk expectations for banks and insurers, replacing 2019 rules.• New policy requires stronger board accountability, better scenario use, and improved data quality.• Firms must review...
• Microsoft’s Climate Innovation Fund invests in Pantheon Regeneration to scale U.S. peatland restoration and carbon removal.• Pantheon’s Pocosin Ecological Reserve I stands among the first commercial peatland restoration projects...
• Mandatory datapoints shrink by 57–68% as Europe aims to relieve compliance pressure without weakening Green Deal ambition• Materiality assessments overhauled, voluntary disclosures removed entirely, and value-chain estimates permitted to...
• Global fashion house and luxury sustainability pioneer reconnect after 20 years to launch a collection built entirely on certified and recycled materials.• Partnership extends beyond design to establish an...
• EU funded AURORA launches a carbon-tracking app that quantifies household and transport emissions and links users to community renewable energy projects.• Universities in Denmark, Spain, Slovenia, and the UK...
• The updated PCAF Standard adds new methodologies covering use-of-proceeds structures, securitisations, structured products, sub-sovereign debt, treaty reinsurance and project insurance.• More than 100 experts from institutions across all regions...
• New York City’s pension systems have achieved a 37% cut in financed emissions since 2019 but identify three major asset managers that fall short of net-zero expectations.• BlackRock’s rollback...
• Brussels is considering a delay of several weeks to an automotive support package that could reshape the EU’s 2035 combustion engine phase out.• Germany and parts of the car...
• New Science Based Targets initiative pathways provide emissions cutting trajectories for ammonia, methanol, high-value chemicals and fertilizer-linked nitrous oxide.• The framework offers sector-specific guidance for companies representing the world’s...
• The bill would bar BlackRock and State Street from casting any shareholder votes tied to the $1 trillion Thrift Savings Plan, the retirement system for U.S. federal employees.• The...
• The EU Ombudsman found the Commission committed “maladministration” by rushing its Omnibus sustainability reforms without following its own Better Regulation rules.• The inquiry revealed a sub-24-hour internal consultation, unclear...
• The UK has added nuclear energy to its green financing framework, allowing green gilt proceeds to fund nuclear projects from November 27.• The shift comes amid diverging views from...
In this week’s ESG News Week In Review, policy momentum and market signals shifted across every corner of the transition. The EU moved to delay and reassess its supply chain...
• Vietnam restates its net-zero 2050 commitment and prepares new legal frameworks to attract global green capital and advanced technologies.• Experts at the Autumn Economic Forum 2025 highlight Vietnam’s potential...
• Germany asks the European Commission to allow exemptions to the 2035 phaseout of new combustion-engine vehicles, citing competitiveness and employment concerns.• Berlin seeks flexibility for plug-in hybrids and highly...
• Parliament backs a one-year delay to the EU’s deforestation-free supply chain law, pushing obligations for large companies to 2026.• Lawmakers ask the Commission to conduct an early 2026 review...
• UAE commits $1 billion to restore and modernise Yemen’s power sector through solar, wind and grid projects.• Portfolio to be delivered by Abu Dhabi’s Global South Utilities, expanding generation...
• Serentica plans to raise $6–8 billion over five years to expand its clean energy portfolio to 17 GW by 2029/30.• India’s pipeline includes 3–5 GW of operating and under-construction...
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