Morgan Stanley Investment Management (MSIM) announced that it has launched the 1GT growth-oriented private equity platform (1GT or the Platform) focused on investments in companies that will collectively avoid or...
Energetic Insurance and Rabobank work to expand Redaptive’s diverse customer base with credit insurance to support $50 mln credit facility Redaptive, a San Francisco-based Energy-as-a-Service provider of energy-saving and energy-generating...
The Vice President’s visit to Thailand is reaffirming United States’ commitment to the stability, peace, prosperity, and sustainable development of the Mekong sub-region through cooperation with Mekong-region countries. In Bangkok,...
New investment will focus on offering American Indian and Alaska Native people housing and preventative care CVS Health announced a $14.3 million investment with Chief Seattle Club and Raymond James...
Duke Energy, one of America’s largest energy holding companies, and Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, are entering into a multiyear strategic collaboration to accelerate the utility’s...
SE Ventures grows to €1 billion establishing itself as one of the largest venture capital platforms focused on electrification, digitization and decarbonization building on highly successful Fund I track record...
During Sharm El-Sheikh Visit, Sec. Granholm Launched New International Partnerships, Showcased Innovative Pathways to Accelerating Clean Energy Development and Deployment This week, U.S. Secretary of Energy Jennifer M. Granholm traveled...
The California Public Utilities Commission (CPUC) continued its work to help ensure California meets its ambitious climate and electric vehicle goals by adopting a five-year, statewide, $1 billion transportation electrification...
Italian utility Enel said on Thursday it would build a solar photovoltaic cell and panel manufacturing facility in the United States in an effort to support the creation of a North-American...
Following a thorough review, the independent Science Based Target Initiative has officially confirmed that Deutsche Post DHL Group’s climate targets are in line with the SBTi criteria and thus reflect...
Vitol announces it has agreed to acquire 100% of the share capital of Vortex Energy from VH Invest for an undisclosed sum. Vortex Energy is a leading renewable energy company...
Iberdrola has tapped the fixed income market in Europe, as it did in March, successfully closing a double-tranche transaction for a combined amount of €1.5 billion: €750 million with a six-year...
This afternoon at COP27, the world’s largest gathering on climate action, a group of Web3 companies convened by ConsenSys and Allinfra, joined civil society leaders and the UNFCCC Climate Innovation...
The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced a 4.75-year NOK 5 billion floating rate Sustainable Development Bond due June 2027 while engaging with investors on...
Fund Targets Low-Carbon Real Assets in Energy, Water, and Urban Infrastructure Sectors Climate Adaptive Infrastructure, an investment firm that targets control investments in large-scale, low-carbon real assets in the clean...
Nestlé will announce at the COP27 Biodiversity Day that it aims to plant 10 million trees in Australia by 2025 in partnership with Greening Australia, Canopy and One Tree Planted....
Costco Wholesale Corp will set new targets by next year to cut its greenhouse gas emissions, according to an activist investment firm that said the retailer had been a laggard on...
The BMW Group is systematically pursuing its climate goals for the supplier network and significantly reducing the carbon footprint of its steel sourcing. Following initial contracts with European suppliers, the...
Ford Motor Company and Manufacture 2030 announced a strategic partnership to help Ford’s suppliers meet their carbon reduction targets toward Ford’s goal of reaching carbon neutrality no later than 2050...
First in HVAC industry to announce purchase agreements with two major U.S. steel companies Trane Technologies, a global climate innovator, announced it will further reduce the carbon impact of its...
Global Investment firm Carlyle announced the launch of Telis Energy, a newly created renewables platform to develop renewable energy projects, with a focus on solar, in the UK, France, Spain,...
India laid out on Monday the steps it will take to achieve net zero by 2070, releasing its Long-Term Low Emissions and Development Strategies (LT-LEDS) at the COP27 summit in...
The United States and Indonesia share a deep and enduring Strategic Partnership, anchored in shared values of democracy and pluralism, and our common commitment to the rules-based international order. The...
Pertamina Power Indonesia, Keppel Infrastructure, through Keppel New Energy Pte. Ltd., and Chevron Corporation, through Chevron New Energies International Pte. Ltd., have signed a Joint Study Agreement to explore the...
The United Nations and standard setter the International Organization for Standardization launched a set of guidelines on Friday to help organisations construct net-zero emissions plans. As regulators increasingly focus on...
On November 10, 2022, the Biden-Harris Administration took historic action to address greenhouse gas emissions and protect the Federal Government’s supply chains from climate-related financial risks. In support of President...
Bank of America announced the issuance of its third Equality Progress Sustainability Bond (EPSB) for $2 billion. The use of proceeds from the bond offering is designed to advance racial...
DWS, one of the world’s leading asset managers, announced the listing of three new ETFs that provide exposure to U.S. equity investment styles with ESG screened U.S. dividend, growth and...
Receives Significant Investor Support for Climate Solutions to Help Decarbonize the Global Economy Reinforces Strength of VoLo Earth’s Purpose-Driven Team of Founders, Investors, and Climate Strategists VoLo Earth, an emerging...
New York voters approved a $4.2 billion environmental bond on Tuesday, one of the biggest wins for environmental, social and governance infrastructure in eight years and a sign of the...
The World Economic Forum and U.S. Special Presidential Envoy for Climate announced at COP27 the expansion of a coalition of global companies and new purchase commitments for green technologies by 2030 to...
Nestlé has decided to partner with the Africa Food Prize to support its long-standing efforts to transform agriculture in the region. Like Nestlé, the Africa Food Prize aims to expand...
U.S. climate envoy John Kerry on Wednesday announced the creation of a carbon offset plan meant to help developing countries speed their transition away from fossil fuels. Kerry launched the...
PepsiCo, Inc. published its most recent Diversity, Equity and Inclusion (DE&I) Report, illustrating actions centered on equity and building a strong culture of inclusion that has enabled important progress on gender...
Spain’s Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next two years, its chairman said in a strategy update on...
The Climate Investment Funds (CIF), one of the world’s largest multilateral funds for climate action in developing countries, will finance nature-based solutions to the climate crisis in Egypt, the Dominican...
As a result of its joining Net Zero Asset Managers in 2021, BBVA Asset Management has announced its initial targets for decarbonization of assets under management. This initial commitment affects...
Iberdrola, CaixaBank, BNP Paribas and Cesce have taken a decisive step to boost green finance in Spain. CaixaBank and BNP Paribas have signed a €500 million syndicated green loan with Iberdrola, backed...
The World Bank announced a new multi-partner fund that will pool funding from the global community — including donor countries, the private sector and foundations — for scalable pathways to...
Boston Properties, Inc., the largest publicly traded developer, owner and manager of premier workplaces in the United States, announced that its operating partnership, Boston Properties Limited Partnership, has agreed to...
Bank of America Corp., the biggest corporate issuer of bonds tied to environmental, social and governance financing in the US, returned to the ethical debt market for the first time...
Citi announced the release of three Global Perspectives & Solutions reports that highlight a range of challenges and opportunities related to the climate crisis. The new research, which underscore the...
The Bloomberg Philanthropies and Goldman Sachs-backed Climate Innovation and Development Fund has completed its first set of blended-finance investments focused on innovation across the sustainable transport sector in each of...
Five states will be able to implement sustainable land management practices with World Bank support and under federal government coordination The World Bank Board of Directors approved a grant agreement...
The Bill & Melinda Gates Foundation echoed African leaders’ calls for countries to rapidly scale-up finance for climate adaptation and pledged to invest $1.4 billion to help smallholder farmers address the immediate...
Honeywell Forge Sustainability+ for Industrials | Emissions Management and Honeywell Versatilis Signal Scout wireless Industrial IoT leak detection sensors enable organizations to measure, monitor, report and reduce emissions. End-to-end, scalable solution to enable...
The World Bank Group Board of Executive Directors approved South Africa’s request for a $497 million project to decommission and repurpose the Komati coal-fired power plant using renewables and batteries. The project...
Aspen Power Partners LLC, a distributed generation platform with the mission of accelerating decarbonization, announced a $350 million investment from funds managed by global investment firm Carlyle. The investment supports Aspen’s organic...
Amazon commits $53 million to accelerate women’s climate innovation and gender equity advancements Amazon and the U.S. Agency for International Development (USAID) are launching a public-private partnership to address the gender...
Runwise Co-Founder and Chief Growth Officer Mike Cook released the following statement: Runwise announces $19M Series A led by Fifth Wall. This brings the Runwise total funding to over $24 million,...
While more than one-third (34%) of the world’s largest companies are now committed to Net Zero, nearly all (93%) will fail to achieve their goals if they don’t at least...
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, and GoodShipping, the global pioneer and market leader in insetting to decarbonize the container shipping industry...
Vanguard Global Environmental Opportunities Stock Fund is now available for investment. Starting today, investors can purchase shares during a two-week subscription period. The fund will begin pursuing its investment objective...
The agreement for four SB Energy solar projects is Google’s largest combined clean energy transaction in Texas to date SB Energy Global, LLC announced that Google will purchase approximately seventy-five percent of the...
Volkswagen Group’s new Green Finance Framework (GFF) strengthens the link between its decarbonization and financing strategy Incorporating EU taxonomy enhances transparency for sustainability investors Only capital expenditures for...
New benchmarks for bonds financing projects with environmental and social benefits Bloomberg announced the launch of the Bloomberg Global Aggregate Green, Social, Sustainability Bond Indices, further growing its offering of...
Emerson will receive $9.5 billion in pre-tax cash proceeds Climate Technologies had $5 billion in fiscal 2022 sales with EBITDA of $1.1 billion Unit includes market-leading Copeland compressor business and...
The governing board of the Climate Investment Funds, one of the world’s largest multilateral funds for climate action in developing countries, endorsed new investment plans set to allocate $1 billion...
As an intermediary step, average emissions of new cars must decrease 55% by 2030 The agreement marks the first step in the adoption of the “Fit for 55” proposals tabled...
One of Amazon’s newest Same-Day sites in Sacramento, California, known as SCA5, will make history as the world’s first-ever Zero Carbon Certified fulfillment center or logistics facility by the International...
These awards are the first $1 billion of a five-year, $5 billion program created by President Biden’s Bipartisan Infrastructure Law Funding will help districts purchase over 2,400 clean school buses,...
New Bipartisan Infrastructure Law Grant Program and Prize Competition for Public School Energy Improvements Will Save Schools Money and Enhance Learning Environments The Biden-Harris Administration, through the U.S. Department of Energy, released a...
Based on current projections, GM has reached its goal of securing enough renewable energy to power all of its U.S. sites by 2025 As one of the earliest adopters of renewable energy among corporate...
Enstructure LLC, a leading marine terminals and logistics company, announced that Blackstone Credit, through its Sustainable Resources Platform, and M&T Bank have provided a $525 million credit facility to refinance...
Unique partnership with Woods Hole Oceanographic Institution and veteran leadership team deploys vital capital to blue economy ‘narwhals’ at the nexus of ocean innovation, science and technology Propeller a climate-tech fund...
EIB lends €500 million to Volvo Group in Sweden. The EIB loan will support research, development and innovation investments in electric vehicle technologies, active and passive safety and autonomous driving technologies, as well as non-powertrain...
Cadbury chocolate-maker Mondelez International doubled down on sustainable cocoa sourcing on Wednesday, pledging to spend an additional $600 million by 2030 on efforts to combat child labour, farmer poverty and deforestation...
The company accelerates work with suppliers to decarbonize Apple-related production, and expands investments in clean energy and climate solutions around the world Apple has called on its global supply chain...
Fourth vintage of BlackRock’s flagship global diversified infrastructure equity fund series Fund seeks to capitalize on long-term trends of Decarbonization, Decentralization and Digitalization First closing secures commitments representing over half...
MSCI Inc., a leading provider of critical decision support tools and services for the global investment community, has today announced the launch of the MSCI Climate Action Indexes. The indexes...
New identity focuses on energy innovation and decarbonization to address the world’s energy needs today and to forge the road ahead for the energy transition Schlumberger announced its new name—SLB—underscoring...
The Greenhouse Gas Reduction Fund will provide grants to disadvantaged communities to deploy low or zero-emissions projects Fund was established by the passage of the Inflation Reduction Act Capital will...
Walmart’s Chief People Officer, Donna Morris, released the following statement on the report: Our business is focused on meeting the changing needs of our customers, members and associates, yet our...
This agreement will provide sustainable energy solutions to save on energy bills and improve efficiency. Iberdrola, a world leader in solar and wind energy, has reached an agreement with BBVA to offer...
Company will receive $197 million federal grant through the Bipartisan Infrastructure Law for investment in cathode active material manufacturing facility in St. Louis ICL, a leading global specialty minerals company,...
$1 Billion New Investment in Plant Spartanburg (USA) to Prepare for the Production of Battery Electric Vehicles. At Least Six Fully-Electric BMW X-Models by 2030 produced in the U.S. Additional...
Freebee provides free, on-demand ride-hailing using electric vehicles to app users. The service is financed by local governments and entities, such as corporate business parks and universities, to cover defined...
Breakthrough Energy announced that its first Catalyst project funding will go to LanzaJet’s Freedom Pines Fuels sustainable aviation fuel plant in Soperton, GA in the form of a $50 million...
Amy’s Kitchen, Great Lakes Cheese, Levi Strauss, J.M. Smucker and Valvoline will purchase 250,000 MWh annually of renewable power Walmart’s Project Gigaton goal aims to reduce or avoid one gigaton of greenhouse gas...
Company Advances Toward Diversity, Inclusion, and Belonging Aspirations, Net-Zero Commitment, and Food Security Goals, Among Other Progress Achieved 2021 employee representation objectives, increasing representation of women in global management positions...
Apex Group Ltd., a leading global financial services provider, announced a collaboration with BlackRock’s eFront to provide the General Partner community with market leading ESG data consulting services from Apex...
The U.S. Department of the Treasury’s Federal Insurance Office issued a proposed data collection from insurers to assess climate-related financial risk across the United States. FIO is seeking public input...
As part of Fonterra’s commitment to sustainability and implementation of its strategy, the Co-operative has released its Sustainable Finance Framework. This Framework aligns Fonterra’s funding strategy with its sustainability ambitions and...
New Galveston cruise terminal will be the first to generate 100% of needed energy through on-site solar panels Terminal will be first in Texas to receive LEED Gold certification Galveston...
Accelerates bioenergy growth Acquisition of a leading US renewable natural gas (RNG) producer will accelerate growth of bp’s strategic bioenergy transition growth engine Operates 50 RNG and landfill gas-to-energy facilities...
To help countries, companies in low-carbon shift Group to be led by former McKinsey exec Dickon Pinner To work across asset classes, geographies BlackRock, the world’s biggest asset manager, has...
Bridge Investment Group Holdings Inc. announced the completed fundraising for Bridge Workforce and Affordable Housing Fund II, raising $1.74 billion in equity commitments, ahead of its $1.50 billion target. BWAF...
Transformation of €11 billion Revolving Credit Facility in line with Mercedes-Benz Ambition 2039 Selected sustainability KPIs geared towards enhancing ESG and cutting CO2 footprint Potential refinancing of the facility in 2024/25...