ESG Africa
Gravity, a leading carbon accounting and energy management platform, announced a $13 million Series A funding round, led by Ansa Capital and joined by Eclipse, Hanover, Caffeinated Capital, and other...
The European Bank for Reconstruction and Development (EBRD) has appointed Gianpiero Nacci as its Managing Director for Climate Strategy and Delivery (CSD), effective 1 January 2025. This appointment comes as...
Algebris Investments has launched its first venture capital fund, Algebris Climatech, with an initial close of approximately €60 million. Institutional investors, including major Italian pension funds and CDP Venture Capital,...
Etihad Rail, the operator of the UAE National Railway Network, has introduced the region’s first-ever “CO2 Emission Avoidance and Reduction Certificates.” The initiative quantifies and validates carbon savings achieved by...
Schneider Electric has launched Schneider Charge Pro in Europe, a robust and energy-efficient EV charging solution designed to accelerate adoption among commercial fleet owners and multifamily residences. The solution aligns...
Convergent Energy and Power (Convergent), a leader in energy storage solutions, has closed a $584.5 million guaranteed loan from the U.S. Department of Energy (DOE) Loan Programs Office (LPO). This...
Amazon continues to dominate renewable energy procurement, securing its position as the largest corporate buyer for the fifth consecutive year, according to Bloomberg NEF. The company has supported more than...
Aegis Energy has secured a £100M investment from Quinbrook Infrastructure Partners to build the UK’s first clean, multi-energy refuelling hubs for commercial vehicles. The hubs will support fleets transitioning to...
Australia Invests $2 Billion in Aluminium The Albanese Labor Government is investing a record $2 billion into Australia’s aluminium sector, aiming to secure jobs and boost the industry’s future. This...
The European Commission is set to propose a ban on PFAS (“forever chemicals”) in consumer products, targeting their widespread use in items like cosmetics, non-stick pans, and industrial applications. Health...
The U.S. Department of Energy (DOE) announced a $15 billion loan guarantee to Pacific Gas & Electric (PG&E) for its Project Polaris, focusing on hydropower generation, battery storage, and grid...
A recent CDP Corporate Health Check reveals that 80% of companies on track to meet climate targets now tie executive pay to achieving these goals, underscoring the importance of governance...
The European Banking Authority (EBA) has launched a consultation on its draft Guidelines on Environmental, Social, and Governance (ESG) scenario analysis. The guidelines aim to guide institutions in adopting forward-looking...
Schneider Electric has announced its partnership with the Partnership for Carbon Accounting Financials (PCAF) as the first global sustainability consultancy to join PCAF’s Accredited Partnership Program, effective January 1, 2025....
JLL has announced the launch of its Energy Advisory and Sustainability practice to expand its sustainability offerings. Led by clean energy expert Josephine Tucker, this new team provides energy-focused services...
Italy, Albania, and the United Arab Emirates (UAE) have signed a groundbreaking €1 billion ($1 billion) agreement to construct a subsea energy interconnection across the Adriatic Sea. This project will...
The Clean Energy Finance Corporation (CEFC) has announced a $100 million investment in a pioneering build-to-rent (BTR) strategy led by AXA IM Alts. This initiative integrates clean energy technologies to...
Decarbonizing Canada’s electricity grids offers an unparalleled opportunity to cut emissions and spur economic growth, according to RBC Climate Action Institute’s latest report, Climate Action 2025: A Year for Rewiring....
Mars, Incorporated, the global maker of brands like Pedigree, M&M’s, and Ben’s Original, announced the appointment of Alastair Child as Chief Sustainability Officer, effective February 3, 2025. Alastair, currently Vice...
GuocoLand, a prominent real estate developer, has secured two green loans totaling S$1.24 billion ($908 million) from Singapore-based lenders DBS and Oversea-Chinese Banking Corp (OCBC), according to a statement released...
The U.S. Department of Transportation’s Federal Highway Administration (FHWA) has announced $635 million in grants to expand zero-emission electric vehicle (EV) charging and hydrogen refueling infrastructure. This funding, made possible...
The International Finance Corporation (IFC), a member of the World Bank Group, has issued its largest-ever social bond—a $2 billion, three-year bond aimed at supporting low-income communities in emerging markets....
Big names unite for climate action. ALDI, Avantor, and McCain Foods have joined the Supplier Leadership on Climate Transition (Supplier LOCT), a Guidehouse initiative aimed at reducing Scope 3 carbon...
The Philippines has partnered with UAE’s Masdar, signing a $15 billion deal to develop renewable energy projects, including solar, wind, and battery energy storage systems (BESS), with a capacity of...
Google dives into India’s carbon removal sector Google has partnered with Indian supplier Varaha to buy 100,000 tons of carbon credits through 2030. The credits come from biochar, a charcoal-like...
The European Investment Bank (EIB) and Societe Generale have announced an unprecedented collaboration to unlock €8 billion in investment for Europe’s wind industry. Central to this initiative is a €500...
SGS, a global leader in testing, inspection, and certification, has launched its Nature services, forming a pivotal pillar within its recently introduced sustainability suite, IMPACT NOW. This expansion focuses on...
Amazon has announced its largest-ever purchase of electric heavy goods vehicles (eHGVs), ordering over 200 eActros 600 trucks from Mercedes-Benz Trucks. These vehicles will join Amazon’s existing eHGV fleet later...
Ingka Group’s Ambitious Recycling Investment Ingka Investments, the financial arm of Ingka Group and the largest IKEA retailer, plans to invest €1 billion in recycling infrastructure. This initiative aims to...
IBM and L’Oréal have teamed up to create an industry-first AI foundation model designed to revolutionize cosmetic formulation. The collaboration aims to integrate sustainability into every product line by leveraging...
Gigablue, a leader in affordable carbon dioxide removal (CDR) technologies, has signed a landmark agreement with SkiesFifty to remove 200,000 tons of CO2 over the next four years. This agreement...
New York is making its largest-ever climate investment. Governor Kathy Hochul announced a $1 billion plan designed to combat climate change, create thousands of jobs, reduce energy costs, and lower...
Origis Energy, a leader in renewable energy and decarbonization, has closed a $415 million financing deal for its Swift Air Solar project in Ector County, Texas. The package includes construction,...
SHEIN has significantly ramped up its use of Cool Transfer Denim Printing in 2024, producing 380,000 denim pieces with this water- and energy-efficient method—a 90% increase from the previous year....
The Climate Investment Funds (CIF) Capital Markets Mechanism (CCMM) made a historic market debut with a $500 million inaugural bond. The bond, rated AA+/Aa1 by Fitch and Moody’s, drew global...
Apollo Global Management and Standard Chartered PLC have entered into a strategic partnership to accelerate financing for infrastructure and renewable energy projects worldwide. The partnership leverages Apollo’s sustainable investment platform,...
Mobilizing substantial capital: Global impact leader responsAbility Investments has advanced its Asia Climate Strategy to over $350 million in its third funding round, surpassing initial private sector capital mobilization goals....
AM Green, a leader in green hydrogen and ammonia production, has signed an MOU with global logistics giant DP World to create a sustainable supply chain for exporting green fuels...
The Global FoodBanking Network (GFN) faced a critical challenge: manual data reporting was consuming valuable resources, limiting their ability to scale operations and attract donors. To address this, GFN implemented...
CHEP, a Brambles company recognized as the #4 Most Sustainable Company in the world by TIME Magazine, continues to lead in environmental impact with the appointment of Sandra Elizabeth Leyva...
Marks & Spencer (M&S) has unveiled a significant step in its Plan A Net Zero by 2040 initiative, adding 85 lower-emission vehicles to its logistics fleet. This move underscores the...
Schroders has been entrusted with a £5.2 billion sustainable investment mandate by UK wealth manager St. James’s Place (SJP), marking a significant endorsement of Schroders’ sustainable and active investment expertise....
E.ON issued two bond tranches totaling €1.75 billion in early 2025 to cover most of its funding needs for the year. Details: E.ON CFO Nadia Jakobi emphasized the company’s proactive...
The National University of Singapore (NUS), in partnership with Northern Trust and UOB, has unveiled a groundbreaking initiative to tokenise green bond reporting credentials, a first for Singapore’s higher education...
SGS has acquired Aster Global Environmental Solutions, Inc., a leading company specializing in greenhouse gas (GHG) emissions validation, offsets, and corporate sustainability services. Founded in 2019, Aster Global strengthens SGS’...
In an exclusive interview with Marina Bird, Managing Director of ESG News Corp, Mercedes Vela Monserrate, CEO of the Global Climate Finance Center (GCFC) during Abu Dhabi Finance Week, outlined...
The Department of Energy (DOE) has closed a $1.67 billion loan guarantee for Montana Renewables, LLC (MRL) to expand its renewable fuels facility in Great Falls, Montana. This expansion aims...
S&P Global Commodity Insights reports a significant milestone in clean energy: cleantech investments, including renewable power, green hydrogen, and carbon capture, will surpass upstream oil and gas spending in 2025,...
The U.S. Department of the Treasury and the Internal Revenue Service (IRS) announced $6 billion in tax credit allocations for the second round of the § 48C Qualifying Advanced Energy...
The Treasury Department and IRS have announced new guidelines for the Clean Fuels Production Credit (Section 45Z), designed to cut GHG emissions from transportation fuels. The credit applies to sustainable...
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