Deutsche Bank, acting as Lead Arranger, Original Lender, and Hedge Counterparty, has closed a $722 million AUD debt financing for Stages 1 and 2 of Quinbrook Infrastructure Partners’ (Quinbrook) Supernode...
DHL Express has signed a landmark agreement with Cosmo Oil Marketing Co., Ltd. To purchase 7.2 million liters of Sustainable Aviation Fuel (SAF) annually, beginning April 2025. This initiative marks...
The UK Government has officially announced the launch of a Deposit Return Scheme (DRS) in October 2027. The long-anticipated initiative aims to boost recycling rates by offering financial incentives for...
Luxury automaker JLR is investing £65M to expand and modernise its global paint operations, aligning with its Reimagine strategy to meet net zero goals while responding to soaring demand for...
The Case for ESG Reporting Environmental, social, and governance (ESG) reporting has become a non-negotiable aspect of modern business. Stakeholders—investors, customers, and regulators alike—demand transparency and accountability in sustainability efforts....
Michael Bloomberg, founder of Bloomberg LP, UN Special Envoy for Climate Ambition and Solutions, and former New York City mayor, has pledged to fund U.S. obligations under the Paris Agreement....
EIT InnoEnergy, the European Union-backed leader in sustainable energy innovation, closed 2024 with €4.3 billion raised for its portfolio of cleantech start-ups and scale-ups, cementing its role as a key...
The International Auditing and Assurance Standards Board (IAASB) and the International Ethics Standards Board for Accountants (IESBA) have introduced integrated standards to strengthen sustainability reporting and assurance practices. These measures...
2024 marked a transformative year for the Green Climate Fund (GCF) as it advanced its mission to empower developing nations facing the climate crisis. Here’s how GCF delivered tangible progress...
Schroders, a leading global active investment manager, announced its intention to adopt all four of the Financial Conduct Authority’s (FCA) Sustainability Disclosure Requirements (SDR) labels, covering 16 funds. This move...
Shein, a global leader in fast fashion, has appointed Mustan Lalani as its Global Head of Sustainability. The move reflects Shein’s increasing focus on sustainability amid growing scrutiny of its...
BlackRock has launched the BFM Brown to Green Materials Fund, a UK-domiciled mutual fund designed to accelerate the decarbonisation of industries critical to the low-carbon transition. This includes sectors like...
The Securities and Exchange Commission (SEC) has strengthened its ESG Product Platform by incorporating critical details about Sustainable and Responsible Investing (SRI) Funds, enhancing access to sustainability-themed financial products. This...
EU’s Omnibus Proposal Faces Industry Backlash A coalition of 11 global corporations, including Unilever, Nestlé, Mars, and DP World, has urged the European Commission not to dilute existing sustainability reporting...
The European Investment Bank (EIB) has reached a significant milestone, delivering €1 billion in green financing for Greek small and medium-sized enterprises (SMEs) and mid-caps. This funding supports renewable energy,...
CEOs See Economic Growth Ahead Nearly 60% of CEOs worldwide predict global economic growth will rise over the next 12 months, according to PwC’s 28th Annual Global CEO Survey, launched...
A climate financing fund launched by the European Investment Bank (EIB) and Allianz Global Investors (AllianzGI) has finalized its size at €450 million with a recent €20 million contribution from...
EcoVadis unveils a Corporate Sustainability Reporting Directive (CSRD) questionnaire designed to help companies navigate increasingly complex supply chain disclosure requirements. Available as part of EcoVadis’ sustainability intelligence suite, the new...
Orennia Inc. has announced the successful close of its Series C growth financing round, led by Decarbonization Partners—a collaboration between BlackRock and Temasek—alongside contributions from existing investors. The funding will...
Rulemaking shift to 2026 The California Air Resources Board (CARB) announced it will delay the initial rulemaking for the new California climate disclosure laws SB 253 and SB 261 into...
• Harvard achieved a 32% absolute reduction in greenhouse gas emissions since 2006 despite a 14% campus expansion.• A new regional energy consortium led by Harvard and MIT will generate...
• New solar and wind projects in five European countries will add 650 MW of renewable capacity, mobilising over $600 million in financing.• The expansion supports Apple’s 2030 carbon neutrality...
• The 1.5 GW Khazna Solar PV project will supply electricity to around 160,000 homes and cut 2.4 million tonnes of CO₂ annually.• Part of EWEC’s strategy to expand Abu...
• Amazon’s Elkhart, Indiana facility integrates over 40 decarbonization and efficiency systems for real-world testing.• The site provides data for scaling low-carbon building materials and clean-energy systems across Amazon’s global...
• Brookfield to invest up to $5 billion in Bloom Energy’s fuel cell technology to power global AI factories.• Partnership marks Brookfield’s first deal under its dedicated AI Infrastructure strategy.•...
• McKinsey projects renewables could supply up to 67% of global power by 2050, but fossil fuels may still account for more than 40% of total energy use.• Alternative fuels...
• Stegra (formerly H2 Green Steel) seeks up to €975 million ($1.1 billion) in new financing to complete its Boden, Sweden, green-steel project.• The new capital will cover higher project...
• Less than 10% of climate finance reaches SMEs despite representing over 90% of global businesses.• The Impact Disclosure Taskforce’s SME Subgroup unveils a Whitepaper at Climate Week NYC offering...
EU Moves to Cut Scope of Sustainability Rules The European Parliament’s Legal Affairs Committee (JURI) voted on October 13 to approve sweeping reductions to two cornerstones of the European Green...
• Schroders now sources 100% of its electricity globally from renewable energy, meeting its RE100 commitment a year early.• The firm’s Horsham solar project generates 1.13 GWh annually, covering nearly...
Mercedes Pushes Decarbonization Beyond the Track The Mercedes-AMG Petronas Formula One Team confirmed it achieved 99% HVO100 biofuel coverage for its 2025 European race and marketing logistics, a milestone that...
• Moeve becomes the first third-party supplier to join Avelia, Shell Aviation’s blockchain-powered sustainable aviation fuel (SAF) book-and-claim platform.• The collaboration expands multi-supplier access to verified SAF credits, supporting decarbonisation...
• €5 billion investment through 2027 expands Google’s St. Ghislain data center and creates 300 new jobs.• 110 MW in new carbon-free energy deals with Eneco, Luminus, and Renner to...
• Climate Investor Two surpasses $1 billion target to become the largest adaptation infrastructure fund in emerging markets.• Backed by $190 million in new commitments and a €205 million EU...
Mexico City Launch Strengthens Legal Frameworks for Climate Action UK-based legal nonprofit The Chancery Lane Project (TCLP) has released 17 climate-aligned clauses adapted to Mexican law, making them available in...
• Four projects funded under the European Maritime, Fisheries and Aquaculture Fund (EMFAF) will advance regenerative ocean farming and marine innovation.• Initiatives span Spain, Italy, Portugal, and Ireland, developing large-scale...
• India’s Central Electricity Authority unveils 6.4 trillion rupee ($77 billion) plan to transmit 76 GW of hydro power from the Brahmaputra basin by 2047.• The basin, spanning eight northeastern...
• The US has threatened sanctions on countries supporting an EU-backed global framework to cut shipping emissions.• The IMO proposal would introduce the first global pricing mechanism for maritime emissions,...
Airbus Targets Deep Emissions Cuts Across UK Operations Siemens has signed a strategic contract with Airbus to decarbonize three of the aerospace manufacturer’s largest industrial sites in the United Kingdom...