LEGO Scales Up Renewable Energy LEGO has ramped up its solar power efforts, adding 22 MWp of capacity globally since 2022. This includes a 400% increase at its Billund, Denmark...
IKEA Accelerates Shift to Renewable Electricity IKEA increased the share of renewable electricity in production to 75% in FY24, up from 71%. To drive further adoption, the company launched a...
The transition to a net-zero economy presents both unparalleled investment opportunities and significant financial risks. By 2050, the energy transition could generate $53 trillion in clean energy and infrastructure investments,...
The cement industry accounts for roughly 8% of global CO2 emissions. NeoCarbon’s carbon-curing technology could help significantly reduce this footprint. The breakthrough: NeoCarbon, a startup specializing in DAC solutions, has...
The Platform on Sustainable Finance has published a report outlining evidence-based recommendations to simplify and enhance EU taxonomy reporting. The advisory body, responding to the European Commission’s mandate, aims to...
Investors managing a combined €6.6 trillion in assets are calling on the European Commission to uphold the integrity of the EU’s sustainable finance framework. Concerns are mounting that the upcoming...
Santiago ranks 126th in global traffic congestion, with commuters spending over 23 minutes at traffic lights on a typical 10-kilometer trip, according to the TomTom Traffic Index 2024. This stop-and-go...
The LEGO Group is expanding its sustainability efforts with a DKK 19 million commitment toward four carbon removal projects in collaboration with Climate Impact Partners and ClimeFi. The projects aim...
Microsoft is doubling down on carbon removal: The tech giant signed a 25-year agreement with Chestnut Carbon to secure more than 7 million tons of carbon removal credits. This marks...
Expanding Global Renewable Footprint Amazon and Iberdrola, a leading clean energy provider, have expanded their renewable energy partnership with an additional 476 MW in power purchase agreements (PPAs). This brings...
BBVA reached its €300 billion sustainable business target one year early, exceeding its initial 2018-2025 commitment. The bank had progressively raised its goal, from €100 billion in 2018 to €200...
TA’ZIZ has awarded a $1.7 billion engineering, procurement, and construction (EPC) contract to SAMSUNG E&A to build the UAE’s first methanol production plant in Al Ruwais Industrial City, Al Dhafra...
Zurich Insurance Group has secured a long-term carbon dioxide removal agreement with Nellie, marking a milestone in commercial-scale engineered carbon removal. Why It Matters: After three years of development, Nellie’s...