ESG Africa
• Europe’s fashion sector needs an estimated €4.4 billion (US$5.09 billion) by 2030 to stay aligned with decarbonisation trajectories, exposing a growing financing gap for suppliers.• CHANEL, Kering, Moncler Group,...
A Day Shaped by People, Skills and Cultural Power Delegates closed day three of COP30 with a message that cut through the noise: the human dimension of climate action is...
• Up to US$1 billion in development finance over three years directed to water, sanitation, transport, and urban resilience• Funding aligned with Azerbaijan 2030 national priorities and the Country Partnership...
• Pilot introduces a hybrid payment model to fund regenerative agriculture across 7,000 acres in the Cerrado, with plans to reach 30,000 acres.• Co-funded initiative aims to reduce chemical inputs,...
• €300 million green loan will expand and automate Bahia’s power network, serving more than six million people.• The investment aligns with Brazil’s decarbonisation and energy-efficiency goals through 2030 and...
• FedEx co-leads a 160 million dollar Series C and places an initial order for 53 electric trucks.• Funding accelerates US-based manufacturing of purpose-built medium-duty EVs for logistics and RV...
• Hong Kong issues HK$10 billion (USD1.28 billion) in multi-currency digital green bonds, the largest digital bond offering globally to date.• First integration of tokenised central bank money (e-HKD and...
• New protocol enables governments to use private-sector crediting programmes for Paris Agreement compliance, expanding the supply of eligible emission reductions.• Standardised procedures aim to reduce market risk and improve...
• Parliament backs thresholds that limit sustainability reporting to companies above €450 million turnover and 1,750 employees.• Due diligence duties narrowed to firms with more than 5,000 employees and €1.5...
• New AI assistant built on Azure AI Foundry will give agronomists instant access to 20 years of detailed crop data.• Partnership aims to cut production costs and stabilize yields...
• Meta commits more than $1 billion to a new AI-optimized data center in Wisconsin, alongside nearly $200 million in regional energy infrastructure upgrades.• The project includes a $15 million...
• Parliament endorses 90 percent emissions reduction by 2040, with up to 5 percent met through foreign carbon credits.• Target falls short of scientific advice for a 1.5°C-aligned pathway, yet...
As the 30th Conference of the Parties (COP30) unfolded on its second day in the heart of the Amazon, global leaders, negotiators, and activists converged on themes of adaptation, urban...
A few short years ago, sustainability appeared unstoppable. Investors pledged trillions toward net-zero portfolios; governments competed to launch green-industrial revolutions; corporate leaders declared that purpose had finally converged with profit....
A decisive start in Belém The global climate gathering in Belém, Brazil opened under a rare display of unity as delegates adopted the official agenda on day one and elevated...
• A2A raises total investments for 2024–2035 to €23 billion (US $27 billion), with €16 billion for the energy transition and €7 billion for the circular economy.• The plan forecasts...
Nike Deepens Commitment to Textile Circularity Nike has signed twin multi-year agreements with clean-tech innovators Syre and Loop Industries to secure large-scale supply of textile-to-textile circular polyester, accelerating its drive...
• AIIB to fund USD1 billion climate policy loan aligned with Brazil’s Ecological Transformation Plan.• Financing targets sustainable finance reforms, energy transition, and green infrastructure.• Initiative supports Brazil’s carbon market...
Verra Secures ICAO Approval Verra announced that its Verified Carbon Standard (VCS) Program has been approved by ICAO for use under the second phase of the Carbon Offsetting and Reduction...
• 15-year renewable power agreement will supply 1.5 TWh from TotalEnergies’ Montpelier solar farm in Ohio.• Google secures certified clean electricity for its U.S. data centers, aligned with its 24/7...
Ørsted is set to become the first energy company in the world to fully complete its green transformation, meeting its 2025 science-based decarbonisation target with a 98 % reduction in...
Masdar Expands Clean Energy Footprint in Central Asia Abu Dhabi Future Energy Company PJSC (Masdar) has signed an agreement with Uzbekistan’s state-owned JSC Uzenergosotish to develop the country’s largest standalone...
Brussels Backs Softer Green Conditions Amid Farmer Pressure The European Union has agreed to relax environmental conditions attached to its flagship Common Agricultural Policy (CAP), one of the bloc’s most...
• China’s CO2 emissions were flat year-on-year in Q3 2025, marking 18 months of stagnation or decline.• Renewable power met nearly 90% of rising electricity demand, offsetting coal use.• Growth...
• The European Investment Bank Group (EIB Group) has expanded its Green Checker tool beyond the European Union, extending access to regions including North Africa, the Middle East, the Western...
• New research from Schneider Electric and Brazil’s Ministry of Industry outlines pathways to cut industrial emissions by up to 60 percent by 2050 under a high-ambition scenario.• The company...
• CSIRO’s new roadmap identifies capacity for up to 330 Mt of CO₂ removals annually by 2050 using novel technologies.• Developing a carbon dioxide removal (CDR) sector could help Australia...
Science-based carbon management firm Carbon Direct has acquired climate technology company Pachama, in a move set to reshape how nature-based carbon projects are verified and scaled. The deal brings together...
• New commitments from IFC, Proparco, and DEG bring total funding to more than $560 million• Strategy targets high-integrity carbon projects across emerging markets• Aligns with global goals to curb...
• ClimeCo and Covestro surpass 10 million verified carbon credits through nitrous oxide abatement in Texas.• Equivalent to removing 2.3 million gas-powered cars from the road for one year.• One...
In this interview, Michael Sheldrick, co-founder of Global Citizen and author of the new book “From Ideas to Impact,” sat down with ESG News CEO & Editor-in-Chief Matt Bird to...
Nature makes its way into the global baseline In London this week the ISSB confirmed it will draw on the TNFD framework to develop new or amended disclosure standards covering...
Global Partnership Targets Hard-to-Abate Sectors In Seoul and London, Carbon Clean and Samsung E&A announced a strategic alliance to deliver modular, scalable carbon-capture systems designed for industrial and energy applications....
Discover how CarbonCure is revolutionizing concrete production with groundbreaking CO₂ utilization technology. In this exclusive ESG News interview, CarbonCure CEO Kristal Kaye sits down with ESG News CEO & Editor-in-Chief...
Brussels Targets Airline Green Claims Twenty-one European airlines have agreed to overhaul their environmental marketing practices after EU consumer authorities found that many claims could mislead passengers about the climate...
Building America’s AI Infrastructure From Menlo Park to the Midwest, Meta is building the backbone of its artificial intelligence ambitions through a network of advanced data centers. These facilities, crucial...
The global banking group HSBC Holdings plc has published an updated Net Zero Transition Plan (NZTP), reaffirming its objective to become a net zero bank by 2050. Yet the move...
Leaping into action in a nascent market In Singapore, the carbon-credit offset regime is now gaining structured depth. The NEA announced on 7 November 2025 that BeZero, Calyx and Sylvera...
Commercializing carbon removal Avnos has secured up to $17 million in project financing from Shell US Gas and Power and Mitsubishi Corporation (Americas) to develop its first commercial-scale Hybrid Direct...
In this week’s ESG News Week In Review, climate ambition and capital alignment took center stage ahead of COP30. EU climate ministers approved a 2040 target to cut emissions by...
By ESG News Staff San Francisco–based Perigon Wealth Management has acquired Gitterman Wealth Management and Gitterman Asset Management, two New Jersey–based firms known for their focus on climate-aware investing. The...
• First electric delivery van introduced in Saudi Arabia by Maersk and Unilever, advancing the Kingdom’s Vision 2030 decarbonisation goals.• Operates from Maersk’s Jeddah Logistics Park, powered by a 64,000...
• The Science Based Targets initiative (SBTi) released its second draft of the Corporate Net-Zero Standard V2 for public consultation, open from November 6 to December 8.• The revision aims...
• The extension marks one of Europe’s earliest sustainability-linked financings in the building materials sector, now renewed through 2030.• The €300 million (US$324 million) facility remains tied to Molins’ 2030...
• The Principles, backed by ICMA, unveiled Climate Transition Bond Guidelines to structure funding for decarbonization projects.• The framework defines Climate Transition Projects that extend beyond traditional green bonds to...
• Inter IKEA commits US$108 million (€100 million) to global forest-based carbon removal, launching its first project in Brazil’s Atlantic Forest biome.• The partnership with BTG Pactual Timberland Investment Group...
Practical scale-up of durable removals Swiss carbon removal company neustark has joined the Puro.earth supplier network and will certify credits under the Carbonated Materials methodology of the Puro Standard. The...
• Europe targets 20 million tonnes of sustainable fuels by 2035, requiring €100 billion in investments.• The plan integrates the EU’s Clean Industrial Deal and Competitiveness Compass to scale renewable...
• TD Bank secures a four-year supply of Improved Forest Management (IFM) removal credits from Chestnut Carbon.• Agreement supports TD’s operational decarbonization and sustainable finance platform.• Credits sourced from privately...
• Google’s largest carbon removal deal to date will fund the restoration of Amazon rainforest areas through Brazilian startup Mombak, offsetting 200,000 metric tons of CO₂.• The partnership strengthens demand...
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