ESG Africa
The Intersection of Tax Policy and Media Financing The entertainment industry is undergoing a significant transformation, as sustainable tax incentives and structured investment vehicles redefine how film and television projects...
Abu Dhabi-based Ittihad International Investment has arranged a $450 million sustainability-linked RCF with local banks, bolstering its financial flexibility. The facility is backed by key financial institutions, with Emirates NBD,...
Belgium-based Junction Growth Investors announced the successful closing of its first fund at €115M, surpassing its initial goal despite market challenges. The fund targets growth and buyout capital for European...
Allied Properties Real Estate Investment Trust announced a $450 million green bond offering on a private placement basis across Canada. The debentures, issued under Allied’s Green Financing Framework, will bear...
Microsoft and EDPR NA expand clean energy partnership EDP Renewables North America (EDPR NA) has delivered three new utility-scale solar projects totaling 400 megawatts (MW) across Illinois and Texas. Microsoft...
Pemex’s Climate Shift Mexico’s state-owned oil giant Pemex has unveiled its first Sustainability Plan, marking a significant step in addressing climate risks. Climate Action 100+ investors, engaging with Pemex since...
EBRD backs Morocco’s railway sustainability efforts The European Bank for Reconstruction and Development (EBRD) is investing up to MAD 400 million (€38.4 million) in Morocco’s railway sector, supporting a MAD...
Datamaran, a leader in ESG governance software, has named Sebastian Hempstead as its first Chief Commercial Officer (CCO). This follows a $33 million Series C funding round in September 2024,...
Salesforce, alongside Hugging Face, Cohere, and Carnegie Mellon University, launched the AI Energy Score—a new benchmarking tool to measure and compare AI model energy consumption. Salesforce is the first AI...
Chinese EV giant BYD is in advanced talks with European automakers to form a carbon credit pool, allowing companies with lower EV sales to buy emissions credits and reduce their...
Driving Renewable Growth ContourGlobal has successfully closed its first corporate-level Green Bond issuance, securing over $1 billion to accelerate its renewable energy expansion and carbon reduction efforts. Where the Funds...
Gulf Cooperation Council (GCC) nations have announced a landmark $100 billion investment in renewable energy by 2030. The move is part of a broader strategy to transition towards clean energy...
Achilles, a global leader in supply chain risk and performance management, has launched Achilles Analytics, an advanced online tool that enables companies to track sustainability and compliance metrics with precision....
Royal Bank of Canada (RBC) and Carbonhound have partnered to offer Canadian businesses an automated solution for measuring, verifying, and managing carbon emissions. The collaboration aligns with RBC’s strategy to...
HSBC has appointed Julian Wentzel as its new Group Chief Sustainability Officer, the bank announced Friday. Wentzel, who joined HSBC in 2015, had been serving in the role on an...
Cargill is expanding its footprint in Brazil’s renewable energy sector by acquiring the remaining 50% stake in SJC Bioenergia. The move gives Cargill full control of the sugar-energy company, reinforcing...
The news: Vattenfall has joined the Corporate Leaders Group Europe (CLG), reinforcing its commitment to a fossil-free future. The CLG, founded by the Cambridge Institute for Sustainability Leadership, unites business...
Singtel’s regional data centre arm, Nxera DCT Pte Ltd., has secured a S$643 million five-year green loan to fund the development of DC Tuas, Singapore’s most hyper-connected, high-power-density green data...
Sustainable investment fund regulations are evolving rapidly, with increasing scrutiny on greenwashing and new labelling standards. Fund managers must comply with regulatory-driven requirements like the UK FCA’s Sustainability Disclosure Requirements...
Driving Carbon Removal at Scale Google is ramping up its commitment to carbon removal, contracting over $100 million in credits—three times its 2023 pledge. Through independent purchases and the Frontier...
Altus Power , the largest owner of commercial-scale solar in the U.S., has entered into a definitive agreement to be acquired by TPG through its Rise Climate Transition Infrastructure strategy....
X-energy has closed an upsized $700 million Series C-1 financing round to accelerate the development of its advanced small modular reactor (SMR) technology. The round includes new investors Segra Capital,...
Morgan Stanley Infrastructure Partners (MSIP) has made a strategic investment in Torch Clean Energy, a U.S.-based solar and storage developer, to expand and evolve its business model. The investment allows...
Driving Ocean & Coastal Research The BNP Paribas Foundation is launching the 6th edition of its Climate & Biodiversity Initiative, focusing on ocean and coastal ecosystems. With ocean acidification, coastal...
Driving the Shift to Zero-Emission Mobility The EU is investing nearly €422 million in 39 projects to expand alternative fuel supply infrastructure along the trans-European transport network (TEN-T). The funding...
IFC’s First Sustainability-Linked Loan in Indonesia The International Finance Corporation (IFC) has announced its first sustainability-linked loan in Indonesia, aimed at advancing green building certification and decarbonizing retail and logistics...
Expanding Repairability and Reducing Waste Xbox is expanding its repairability program, offering more options for console repairs to extend device longevity and reduce waste. Players can now get their Xbox...
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,...
Ørsted’s Board of Directors has announced Rasmus Errboe, current Deputy CEO and Chief Commercial Officer, as the company’s new Group President and CEO, replacing Mads Nipper. Errboe will officially assume...
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...
Driving Renewable Growth Macquarie Asset Management, on behalf of managed funds, has provided €97 million in debt financing to Greenalia Power Spain. The funding will support Greenalia’s onshore wind, biomass,...
DHL Group and Neste are strengthening their collaboration to reduce logistics emissions. Neste’s renewable solutions—including SAF and renewable diesel—will help DHL advance its sustainability goals across air and road transportation....
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...
Greentown Labs has named Georgina Campbell Flatter as its new Chief Executive Officer, following a $4 million funding round and board restructuring. Flatter’s background spans entrepreneurship, climate innovation, and nonprofit...
Investec has successfully closed financing for SolarAfrica’s SunCentral 1, securing the first 114 MW of the company’s utility-scale solar farm in the Northern Cape. The deal, valued at R1.8 billion,...
Sasol, Anglo American, and De Beers have entered into a Joint Development Agreement (JDA) to pilot the production of feedstock for renewable diesel. Signed on February 4, 2025, during the...
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...
EY and Microsoft have launched the AI Skills Passport (AISP) to help students aged 16+ develop AI expertise. The free online program provides essential training on AI fundamentals, ethics, and...
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...
Euronext Paris has admitted the first EU Green Bond issued by a public entity under the new EU Green Bond Standard. The €1 billion bond from Île-de-France Mobilités will finance...
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...
Rio Tinto and Hydro have signed a partnership agreement to explore carbon capture solutions for aluminium smelting. The collaboration will focus on identifying and assessing technologies to reduce CO2 emissions...
New Zealand has announced its second international climate target, aiming for a 51-55% reduction in emissions from 2005 levels by 2035, Climate Change Minister Simon Watts confirmed today. “We have...
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...
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