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Category: Sustainable Business
The European Investment Bank (EIB) and ALEXBANK, a bank of Intesa Sanpaolo group, made public the new tranche of USD 15 million renewable & efficiency financing initiative signed under the GEFF initiative,...
The U.S. Environmental Protection Agency (EPA) Administrator Michael S. Regan and Peace Corps Director Carol Spahn convened for a ceremonial signing of a MOU between the two agencies to broaden and strengthen...
Hydro Building Systems has entered into a collaboration with Saint-Gobain Glass to reduce the carbon footprint of building facades in half, by integrating the low-carbon solutions offered by both companies....
The Danish Energy Agency (DEA) has awarded Ørsted a 20-year contract for its carbon capture and storage (CCS) project ‘Ørsted Kalundborg Hub’. The project entails that Ørsted will establish carbon...
Honeywell announced that it will provide its Ethanol to Jet (ETJ) processing technology to Summit Next Gen, an affiliate of Summit Agricultural Group. Summit Next Gen will utilize Honeywell’s ETJ technology to...
Two agreements signed today in Rome highlight EIB-IFAD cooperation in low- and middle-income African countries, in line with the EU’s Global Gateway strategy. The European Investment Bank (EIB) and the...
The EIB Group (European Investment Bank and European Investment Fund) and Santander have signed a new synthetic securitization transaction to support the financing of energy efficiency investments in Portugal, including...
Drax has agreed a MoU with C-Zero Markets in relation to the sale of carbon dioxide removal credits from Drax’s first US BECCS facility. Drax has agreed a MoU with...
CBRE Group, Inc. announced that its property management group has formed a global strategic partnership with Deepki that will bring Deepki Ready, one of the world’s most extensive landlord-focused real...
CGEM has launched a digital educational guide on decarbonisation for Moroccan companies with the support of the European Investment Bank (EIB), via its new EIB Global development arm, and the...
The number of global public companies making climate commitments has steadily grown this year, but these targets vary significantly in their comprehensiveness and ambition, according to the latest MSCI Net-Zero...
Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter is pleased to announce the signing of a Memorandum of Agreement by Savannah Energy...
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), in collaboration with the Ministry of Road Transport and Bridges of Bangladesh and the World Bank, held...
S&P Global Sustainable1 has launched Nature & Biodiversity Risk, a new dataset assessing nature-related impacts and dependencies across a company’s direct operations that can be applied at the asset, company...
New facility aims to deliver at least 50 MW and begin producing electricity by 2028, dramatically shortening the projected timeline for commercially viable fusion energy. Helion Energy announced an agreement...
The Catalytic Climate Finance Facility (CC Facility) launched an open call for early-stage and market-ready blended climate finance vehicles seeking grant funding and technical support for scaling up. With an initial size...
Two of the largest mining companies in the world join forces with the objective of exchanging information in areas of mutual interest, such as the electrification of mining activities, the...
Hydro Rein has signed agreements with GreenGo Energy to acquire and develop two early phase solar projects in Southern Sweden. The projects have combined 118 MW capacity and are in...
CAI to Deploy up to $300 Million to Accelerate Digital Infrastructure Transition to Net Zero Initial Investment in Switch, Leading Operator of Renewable Powered Data Centers Climate Adaptive Infrastructure and...
Seven member companies of the World Economic Forum’s Low-Carbon Emitting Technologies (LCET) initiative have signed a collaboration agreement with the independent research organization TNO to establish an R&D Hub for...
The European Commission (EC) announced that it has granted unconditional merger clearance for Hydro’s proposed acquisition of the Polish recycler Alumetal S.A. Hydro first announced a tender offer to acquire...
Shell Germany and the Volkswagen Group are jointly driving forward the expansion of the charging infrastructure for electric mobility: On May 4, 2023, the first innovative 150 kW Elli Flexpole...
Accenture through its Accenture Ventures Project Spotlight initiative, has entered into a collaboration agreement with Cervest, an AI-powered climate intelligence (CI) platform, that will expand Accenture’s capabilities to deliver on-demand access to historical,...
Cummins to reveal zero-carbon H2-ICE concept truck powered by X15H hydrogen engine Accelera to show expanded zero-emissions portfolio for the first time in North America Cummins Inc. and Accelera by...
The European Investment Fund (EIF) and BBVA are set to make it easier for startups with innovative and sustainable value propositions to get access to financing. The two institutions have...
CITIZENS, INSTITUTIONS AND BUSINESSES WILL JOIN TO SHARE ENERGY PRODUCED BY A NEW PHOTOVOLTAIC PLANT ADJACENT TO THE FIORANO CIRCUIT. Ferrari has signed an agreement with Enel X to create...
The charging network will provide battery-electric commercial vehicles access to high-performance, reliable and sustainable charging across the U.S. Daimler Truck North America, LLC, NextEra Energy Resources, LLC and BlackRock Alternatives,...
Japanese trading house eyes floating wind turbines, sustainable aviation fuel Japanese trading house Mitsubishi Corp., together with MUFG bank and others, will launch one of the largest decarbonization funds in...
BBVA has channeled 150 billion euros in sustainable business from 2018 to March 2023, half of the €300 billion target set for the 2018-2025 period. Nearly 14 billion euros was mobilized in...
The European Commission and the European Investment Bank have announced €18 billion of financing under Global Gateway, Europe’s investment strategy for partner countries. This will boost investment in Global Gateway’s priority...
Atlas repeats partnership with Albras, the largest aluminum producer in Brazil, with unprecedented 21-year US dollar power purchase agreement Atlas Renewable Energy, a global leader in renewable energy, just signed a...
Enhanced partnership, which is part of a global supplier finance program, will advance PVH Corp. and its suppliers’ environmental ambitions across the supply chain Standard Chartered Bank has embarked on a...
A leading provider of B2B payment solutions, Hokodo, and global financial services firm Citi announced their collaboration to power payments for Covento, a first-of-its-kind renewable energy marketplace. The strategic collaboration will...
Apollo announced the formation of Apollo Clean Transition Capital, an investment strategy that intends to redefine the capital market for climate solutions. ACT Capital seeks to meet the wide-ranging capital needs for the...
Porsche AG and Norsk Hydro ASA will work together to further reduce the carbon footprint of Porsche’s car models by using low-carbon aluminium and extrusions from Hydro. In addition, the...
Smart Freight Centre (SFC) and the Science Based Targets initiative (SBTi) have formed a technical collaboration to further build on the platform they have developed to accelerate the decarbonization of...
Using Washing Laundry on Cold as a Model, Tide and WWF Explore How to Advance Eco-Habits with Consumers Tide and World Wildlife Fund (WWF) have joined forces to advance the science of...
General Motors Co. and Samsung SDI announced that they plan to invest more than $3 billion to build a new battery cell manufacturing plant in the United States that is targeted to begin operations...
True to its “Partnering for Transformation” strategic mission, the Salzgitter Group is working closely with customers and partners to achieve its climate targets, as evidenced by the collaboration with Spanish energy producer Iberdrola. Salzgitter Flachstahl...
Delta is making another multi-million-dollar commitment in sustainable aviation fuel on its quest to scale what is widely considered the airline industry’s largest proven decarbonization lever. Delta will purchase up...
Barclays announces a strategic partnership with British Gas, focusing on helping customers explore ways they could make their homes more energy efficient. The partnership is launching with an offer of...
IBM announced that it is collaborating with the New York Stock Exchange (NYSE), part of Intercontinental Exchange, Inc., a leading global provider of data, technology, and market infrastructure, to help...
The Monetary Authority of Singapore (MAS) and the People’s Bank of China announced the establishment of the China-Singapore Green Finance Taskforce. The GFTF will deepen bilateral cooperation in green and...
London Marathon Events (LME) has teamed up with the Council for Responsible Sport to measure the social and environmental impact of the 2023 TCS London Marathon. In 2023, LME will...
GoDaddy’s 2022 Sustainability Report and 2022 Diversity and Pay Parity Annual Report Highlight the Company’s Investment in its People, Customers, Communities and the Environment GoDaddy Inc. (NYSE: GDDY), the company that helps...
European Energy enters agreement with Novo Nordisk and the LEGO Group to deliver e-methanol as a lower-carbon alternative to conventional plastic production European Energy A/S, with leading healthcare company, Novo...
• The two companies are developing a new systems engineering and asset management combined software solution to support traceability and sustainable product development – linking domains including mechanical, electronics, electrical...
Ahead of Earth Day, PwC is building on more than a decade at the forefront of climate-related initiatives by boosting its global nature and biodiversity capabilities as new PwC research,...
Partnerships with DSD Renewables, Greenskies Clean Focus and Infiniti Energy will also contribute to Lowe’s goal of reaching 50% renewable energy for its facilities by 2030 In line with its goal to...
Vodafone suppliers to receive better rates based on improvements to environmental sustainability Citi, in collaboration with Vodafone Group Plc, announces the addition of environmental criteria to Vodafone’s Supply Chain Finance...
Outfitted with the inaugural Cummins X15N CNG engine designed for heavy-duty transportation fleets, the first-of-its-kind truck will travel across the country fueling up at Chevron CNG locations to demonstrate the...
Following the intention expressed during the presentation of the Group’s Full Year 2022 results on February 17, 2023, Air France-KLM, Air France and KLM have signed two ESG KPI-Linked Revolving...
Barclays and Unreasonable Group announces the five year extension of its Unreasonable Impact programme to support an additional 200 sustainable and environmental impact ventures. Ventures that join the programme are connected to...
Iberdrola is a driving force in the area of ESG criteria, three pillars that form part of its DNA. For this reason, the company will require from this year onwards...
Continuing to lead the way in innovation, AE invites customers to shop RE/AE and experience its selection of curated vintage via a shoppable AR lens on Snapchat. American Eagle Outfitters,...
Breakthrough Collaboration with Schneider Marks Critical Step Forward in Reducing Company’s Scope 3 Emissions Frito-Lay North America announces its first-ever third-party shipment on an electric vehicle with Schneider National Inc., a premier...
Bonollo, known for making Italy’s traditional spirit grappa, and gas distributor Italgas opened the first biomethane plant in an Italian distillery on Wednesday, in a move that could spur the country’s...
Lloyd’s, the world’s leading marketplace for commercial, corporate and speciality risk solutions, has announced the launch of the Lloyd’s Private Impact Fund with the appointment of Schroders’ specialist private assets...
More than 70 percent of Toyota Motor Manufacturing, Alabama’s power will soon be generated by the sun. Huntsville Utilities, Toyota Alabama and Toyota Tsusho America, Inc. (TAI) announced a power...
The Nigeria Sovereign Investment Authority, Nigeria’s sovereign wealth fund, and Vitol have completed a joint venture agreement to invest in a range of carbon avoidance and removals projects and are...
With this transaction, the company continues to be the main private generator of renewable energy in Mexico, aligning with its decarbonization commitments Iberdrola Mexico and Mexico Infrastructure Partners (MIP) have...
Over 250 global manufacturing partners are now on a path to decarbonize Apple production by 2030 Apple announced its manufacturing partners now support over 13 gigawatts of renewable electricity around...
Google will purchase wind energy from Helena Wind Farm located in Bee County, Texas. Google has signed a 150 MW power purchase agreement (PPA) with Ørsted to purchase renewable energy generated by Helena Wind...
ESG Book announced its data on corporate sustainability and emissions disclosures is now accessible on the Bloomberg Terminal, and available for Bloomberg Data License subscribers. The data provided by ESG...
Through the Sustainable Aviation Buyers Alliance (SABA), major corporations will be purchasing sustainable aviation fuel (SAF) certificates for nearly 850,000 gallons of high-integrity SAF produced by World Energy and helping...
Frito-Lay and Quaker announced the opening of an industry-leading Greenhouse Learning Center at its R&D headquarters. The Learning Center will be used to field test, measure, and analyze compostable packaging...
bp and Uber announced a new global mobility agreement which will see the companies work together to help accelerate Uber’s commitment to become a zero-tailpipe emissions mobility platform in the...
The World Business Council for Sustainable Development (WBCSD) has signed a collaboration agreement with the International engineering federation FIDIC (the International Federation of Consulting Engineers) to work together to accelerate the transition to sustainable infrastructure. FIDIC is the global...
Agencia EFE and the World Bank have agreed to a partnership to boost coverage of climate change, inclusion and education in Latin America and the Caribbean. The agreement aims to...
Yara Clean Ammonia, a Yara International ASA company, and Enbridge Inc., are pleased to announce the signing of a letter of intent to jointly develop and construct a world scale...
“Despite how difficult in 2022, the past is behind us. We should focus on 2023 and the future. Despite how much hardship entrepreneurs have endured, we never dwell on the...
The Department of Energy of the Philippines signed three Offshore Wind Service Contracts with Copenhagen Infrastructure New Markets Fund, the first 100 percent foreign-owned company to invest in offshore wind...
Mercedes-Benz said on Thursday it had signed a power purchase agreement (PPA) with Spain’s Iberdrola for 140 megawatts (MW) of wind energy from a Baltic Sea wind park, part of automakers’...
Iberdrola, one of the world’s largest clean energy companies, and Amazon have announced a new global collaboration to support the development of large-scale renewable energy projects and leverage cloud computing technology to enhance...
The MIT Electric Vehicle Team (MIT EVT), a student-run team on MIT campus that has focused on innovation surrounding electric vehicles for over a decade, is partnering with Doosan Mobility Innovation (DMI),...
RMI’s Energy Transition Academy (ETA) with support from the Caribbean Electricity Utility Services Cooperation (CARILEC), Bermuda Electric Light Company (BELCO), and the Government of Bermuda are hosting energy professionals from a...
The World Economic Forum announced an expansion of the First Movers Coalition (FMC), a global coalition to decarbonize hard-to-abate industries. Lufthansa Group joins the FMC aviation sector as the first European airline...
GE announces that it has been selected by Ecogreen Energy to deliver its FLEXINVERTER Solar Power Station technology for the 130 MWp, 100 MWac Nigde Bor Solar power plant to be...
The World Business Council for Sustainable Development (WBCSD) is pleased to announce that the Bezos Earth Fund has awarded USD $9.25 million to the Greenhouse Gas Protocol (GHG Protocol), which is co-convened by the World...
BHP has signed an agreement for piloting of carbon capture and utilisation technology with China’s HBIS Group Co., Ltd (HBIS), one of the world’s largest steelmakers and a major iron...
A.P. Moller-Maersk (Maersk) announced that the company has signed a MOU with Shanghai International Port Group (SIPG) on strategic cooperation for Shanghai Port methanol marine fuel project. The two parties...
The World Bank Group Board of Executive Directors yesterday approved a new Country Partnership Framework (CPF) for Egypt, laying out the World Bank Group’s strategy in the country for FY2023–2027. The...
PowerCo, the new battery company of the Volkswagen Group, and Belgian circular technology group Umicore have obtained full regulatory approvals for their joint venture announced in September 2022. The partners...
GE Gas Power, part of GE Vernova and Svante announced a joint development agreement (JDA) to develop and evaluate solid sorbent-based carbon capture technology for natural gas power generation applications....
BHP and global engineering, project management and professional services firm, Hatch, have signed an agreement to design an electric smelting furnace pilot (ESF) plant in support of a decision to...
Enables Atlas to gain investment management operational efficiencies and better manage risk Atlas Responsible Investors, one of the first hedge fund managers to concentrate exclusively on impact investing, has enhanced...
Nestlé in the U.S. announced it is investing in Ganado, a solar project owned and developed by Enel North America in Jackson County, Texas. With Nestlé’s investment, the project, which is the...
240 MW True North is AVANGRID’s first solar farm in the state The project will supply clean, renewable energy to power Meta’s operations in the region AVANGRID, a leading sustainable...
Support from Microsoft’s Entrepreneurship for Positive Impact program will expand the Nasdaq Entrepreneurial Center’s educational sustainability programming for entrepreneurs The Nasdaq Entrepreneurial Center, a non-profit committed to growing inclusion and...
The Bezos Earth Fund announced $34.5 million in grants as part of its $10 billion commitment to fight climate change and protect nature, supporting transformative work to improve greenhouse gas...
Eni and UniCredit have announced their partnership around Open-es, an ecosystem initiative seeking to enhance cross-business collaboration and support companies in measuring and improving their ESG performance. Open-es is an alliance...
IDB Invest and Banco de Bogotá announce the upcoming issuance of the first sustainable, subordinated bond issued in the international market by Banco de Bogotá. The $230 million bond will...
Malaysia’s Petronas has bid 38 billion rupees ($460 million) for a 20% stake in the green energy arm of India’s largest power producer, NTPC, in the first deal of its...
Scottish Power, an Iberdrola group company, and Haizea Wind Group, a world leader in the manufacture of wind towers, have signed a framework agreement worth over €200 million for Haizea Bilbao to supply...
MSC and the Global Centre for Maritime Decarbonisation (GCMD) have announced the signing of a five-year Impact Partnership agreement. This agreement sees MSC, the world’s largest shipping line combine forces...
Reinforcing methane’s strategic role in farming’s energy independence CNH Industrial is expanding its alternative fuel capabilities by taking a majority stake in Bennamann – a UK-based expert in solutions to capture, repurpose...
MUFG leads approximately $75 million in Green Loan construction financing; Wells Fargo provides tax equity commitment of approximately $105 million for 200 MWac solar project in Frio County, Texas Leeward...
TotalEnergies and Paprec, leader in plastic recycling in France, have signed a long-term commercial agreement to develop a French value chain for advanced recycling of plastic film wastes. The agreement...
Battelle and a team of leading technology developers have submitted a proposal to the U.S. Department of Energy (DOE) for funding from the Bipartisan Infrastructure Law’s Regional Direct Air Capture (DAC) Hubs program....
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