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Frontier has committed $1.75 million to support early carbon removal technologies through its fifth round of prepurchases, directing funds to three startups: Karbonetiq (U.S.), Limenet (Italy), and pHathom (Canada). These...
Indian renewable energy company SAEL Industries Ltd announced plans to invest ₹82 billion ($954 million) in constructing a 5-gigawatt-per-year integrated solar cell and module manufacturing facility in Greater Noida, Uttar...
The European Commission has adopted a set of “quick fix” amendments to the European Sustainability Reporting Standards (ESRS), granting large companies a two-year delay in disclosing additional ESG-related data under...
Zurich Insurance Group and Amundi have launched the Zurich Global Green Bond Fund, a tailored investment vehicle for Zurich’s Life insurance customers seeking access to the global green bond market....
Envision, a global leader in green technology, has officially commissioned the world’s largest and most advanced green hydrogen and ammonia facility — the first to operate off-grid and fully powered...
Shell, Accenture, and American Express Global Business Travel (Amex GBT) have jointly launched Avelia, one of the world’s first blockchain-powered digital book-and-claim solutions for Sustainable Aviation Fuel (SAF). With approximately...
ISS Sustainability Solutions, the sustainable investment arm of ISS STOXX, has launched a new Sovereign Climate Impact Report, designed to equip institutional investors, banks, and insurers with comprehensive tools to...
Microsoft and Carbon Direct have released the fifth edition of the Criteria for High-Quality Carbon Dioxide Removal (CDR), introducing robust standards for evaluating and scaling CDR technologies across nine pathways,...
Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (CI ETF I), and Danish waste management utility Vestforbrænding have entered into a long-term carbon removal offtake agreement with Microsoft via...
The California Community Choice Financing Authority (CCCFA) is preparing to issue $1 billion in green bonds to support a 30-year supply of clean energy for San Diego Community Power (SDCP)....
The Australian Competition and Consumer Commission (ACCC) has granted conditional authorisation for the Australian Sustainable Finance Institute (ASFI) and industry participants to collaborate on sustainable finance projects for the next...
Ørsted has achieved financial close on a TWD 90 billion (approximately DKK 20 billion) project finance package for its 632 MW Greater Changhua 2 offshore wind farm in Taiwan, backed...
In a significant blow to the European Commission’s anti-deforestation strategy, the European Parliament voted to reject the EUDR’s proposed country risk classification system—a key component underpinning its due diligence regime...
Masdar and Iberdrola have announced two major clean energy milestones under their €15 billion strategic alliance: a €5.2 billion ($5.6 billion)co-investment in the UK’s East Anglia THREE offshore wind farm...
JLR has become the first in the global automotive industry to commit to using tyres composed of more than 70% renewable and recycled materials on its vehicles—marking a major step...
Sumitomo Corporation, through its UK subsidiary Summit Energy Evolution Limited (SEEL), is investing in the development of a new CO₂ transport pipeline to serve Peak Cluster, a major carbon capture...
S&P Global Ratings has introduced a new assessment for sustainable bond issuances in the Amazon, applying its Second Party Opinions to evaluate alignment with the Amazonia Bond Guidelines (ABGs). These...
Veolia has begun construction on the UK’s first “tray-to-tray” closed-loop PET recycling facility, marking the launch of its largest UK plastics project to date. The £70 million ($90 million) investment...
Clarity AI, a global leader in sustainability-focused AI and data solutions, has acquired ecolytiq, a prominent provider of in-app climate engagement platforms for financial institutions. The move signals Clarity AI’s...
The UK government has secured a landmark £7.5 billion ($10 billion) investment agreement with Japan’s Sumitomo Corporation to accelerate clean energy and infrastructure development across Britain. The partnership, signed in...
Biorig, the renewable gases division of Spain-based Solarig, is scaling up its biomethane operations in Italy with a strategic investment exceeding €300 million by 2030. The initiative will include the...
The UK has announced a £12 million funding package aimed at bolstering disaster risk finance for climate-vulnerable countries—part of a broader strategy to position the UK as a global hub...
Tikehau Capital has announced a €1 billion capital raise to fuel the continued global expansion of Egis, its portfolio company and a leader in sustainable infrastructure, engineering, and mobility services....
Microsoft and Novata have joined forces to deliver scalable, AI-powered sustainability solutions to small and mid-sized enterprises (SMEs) worldwide. Novata will integrate Microsoft Azure AI Foundry—including Azure AI Search—and Microsoft...
Arbor, a pioneering Bioenergy with Carbon Capture and Storage (BECCS) company, has secured a $41 million carbon removal deal through Frontier, a coalition backed by Google, Stripe, Meta, Shopify, McKinsey,...
Indonesia, the world’s largest archipelago with over 17,000 islands, is making significant strides toward a sustainable energy future. At the forefront of this transition is the Cirata Floating Solar Farm,...
Siam Commercial Bank (SCB) has outperformed its sustainable finance goal, disbursing more than 180 billion baht in sustainable loans and bonds within just two and a half years—well ahead of...
In a landmark agreement, the Brazilian state of Piauí has partnered with Silvania, a natural capital investment platform, to launch a jurisdictional REDD+ (JREDD) carbon credit program aimed at halting...
Fujitsu has launched a major supply chain decarbonization initiative by collaborating with twelve global suppliers to exchange Product Carbon Footprint (PCF) data, a move aimed at advancing its net-zero target...
Sri Lanka doubles down on sustainable finance Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka (CBSL), unveiled the Sustainable Finance Roadmap 2.0 on May 5 in...
CapitaLand Investment (CLI) has released its 16th Global Sustainability Report, reinforcing its commitment to integrating ESG principles across fund and asset management. Key highlights include a rise in renewable energy...
The LEGO Group, in collaboration with WWF Denmark, has launched the Planet Promise Design Guidelines—a new framework designed to embed socially and environmentally responsible narratives into LEGO® sets, stories, and...
The European Securities and Markets Authority (ESMA) has released its first Climate Transition Plan, marking a strategic shift to align its internal operations with the EU’s long-term climate goals and...
Itaú Chile Launches Sustainable Finance Framework Backed by “Strong” S&P Global Rating Banco Itaú Chile has announced the release of its inaugural Sustainable Finance Framework, designed to steer the bank’s...
The Board of responsAbility Investments AG has appointed Nadia Nikolova as its next CEO, effective 1 September 2025, pending regulatory approval. She joins from Allianz Global Investors, where she was...
Sipchem has partnered with global supply chain risk management firm Achilles to enhance transparency, supplier performance, and ESG alignment across its operations. The petrochemical company, headquartered in Jubail Industrial City,...
Brussels – ESG News: The European Commission has launched a ‘Roadmap towards Nature Credits’ to attract private investment into biodiversity restoration and ecosystem preservation, rewarding businesses, landowners, and communities that...
Abu Dhabi Islamic Bank (ADIB) has mobilised AED 17.3 billion (USD 4.7 Billion) in sustainable finance as of year-end 2024—marking significant progress toward its AED 60 billion target by 2030....
ERM, the world’s largest specialist sustainability consultancy, has helped SSE and Equinor secure planning consent for the UK’s first hydrogen-to-power project — the Aldbrough Hydrogen Pathfinder — marking a key...
The European Commission has adopted a Delegated Act to streamline the EU Taxonomy framework, significantly easing the compliance load for financial and non-financial companies. The changes are part of a...
UK local authorities are significantly increasing their climate efforts, identifying £67 billion worth of climate projects, even as nearly half say budget constraints are impeding progress. This is according to...
The Luxembourg Stock Exchange (LuxSE) has launched the Transition Finance Gateway, a new initiative designed to spotlight transition efforts among over 500 non-financial corporate debt issuers and enhance transparency for...
Turkey is introducing mandatory sustainable aviation fuel (SAF) requirements for airlines and fuel suppliers to cut aviation emissions by 5% by 2030, according to its civil aviation authority. The initiative...
The Green Climate Fund (GCF) Board has approved a historic $1.225 billion in funding at its 42nd meeting, marking the largest amount ever allocated during a single session. The funds...
The UK government has launched its first-ever Onshore Wind Strategy, aiming to reverse nearly a decade of stagnation in the sector and deliver a major boost to its clean energy...
Phlair GmbH and Carbon Removal AS, through its subsidiary NorDAC Kollsnes AS, have signed an agreement to develop Europe’s first large-scale Direct Air Capture (DAC) and geologic CO₂ storage facility...
The International Sustainability Standards Board (ISSB) has released two exposure drafts proposing significant updates to the SASB Standards and aligned amendments to the Industry-based Guidance on Implementing IFRS S2. This...
IKEA Components has begun a major sustainability shift by phasing out plastic fitting bags and replacing them with paper-based alternatives—cutting approximately 1,400 tons of virgin plastic annually. The initiative is...
Salesforce has unveiled Agentforce for Net Zero Cloud, a next-generation AI-powered assistant designed to accelerate sustainability reporting, slash operational costs, and increase business efficiency by automating complex compliance tasks and...
Terra CO2, a U.S.-based low-carbon building materials company, announced it has secured $124.5 million in Series B funding to scale its commercial production of sustainable cement alternatives. The round was...
Allianz Commercial has launched its Climate Adaptation & Resilience Services (CAReS) platform to help businesses identify, evaluate, and reduce exposure to climate risks amid rising losses from natural catastrophes. The...
The European Commission has released a new Recommendation on Tax Incentives to support the Clean Industrial Deal (CID), a key pillar of the EU’s climate-neutral strategy. This initiative outlines a...
J.P. Morgan’s blockchain unit, Kinexys, has launched the next phase of its carbon market initiative, developing a blockchain-based application to tokenize global carbon credits. The solution—built on Kinexys Digital Assets,...
Mars Incorporated has announced a 1.9% absolute reduction in greenhouse gas emissions in 2024, reinforcing its continued ability to decouple environmental impact from economic growth. Since 2015, the company has...
The Global Reporting Initiative (GRI) has launched a global public comment period on proposed revisions to two of its core labor standards—Diversity and Inclusion and Non-Discrimination and Equal Opportunity—as part...
A coalition of eight countries — France, Spain, Kenya, Barbados, Somalia, Benin, Sierra Leone, and Antigua & Barbuda — has launched a global initiative to tax premium air travel and...
Dexter Energy, an Amsterdam-based climate tech firm, has raised €23 million in a Series C funding round to scale its AI-powered forecasting and trade optimization services for renewable energy and...
Corporate commitment to sustainability is intensifying, with 88% of companies globally identifying it as either a primary (53%) or partial (35%) driver of long-term value creation—up three percentage points from...
Climeworks, a global leader in Direct Air Capture (DAC) and carbon removal solutions, has raised $162 million in additional equity financing, marking the largest carbon removal investment round of 2025...
Zelestra, a global multi-technology renewable energy company, has secured an additional €235 million to expand its sustainability-linked loan facility, bringing the total to €770 million. The facility, initially signed in...
The European Commission has proposed an amendment to the EU Climate Law, setting a 2040 target to reduce net greenhouse gas (GHG) emissions by 90% compared to 1990 levels, in...
Hafslund Celsio has signed a landmark agreement to supply Microsoft with 1.1 million tonnes of permanent carbon removals over a 10-year period. The contract is a major boost for Hafslund...
Google has taken a bold step toward a fusion-powered future through a new partnership with Commonwealth Fusion Systems (CFS), signing the largest-ever direct corporate offtake agreement for fusion energy. Under...
Amazon has unveiled a groundbreaking fulfillment center in Nagoya, Japan, designed to integrate advanced geothermal and solar technology to minimize its environmental footprint. The facility is Amazon’s first globally to...
Azimut Group and Eni Next have announced a strategic collaboration to launch a €100 million European Long Term Investment Fund (ELTIF), targeting high-potential startups and scale-ups driving clean energy innovation....
CAF – Development Bank of Latin America and the Caribbean – has approved a record $5.2 billion in funding for 16 sustainable development operations across 10 countries, marking its largest...
The European Commission is preparing to propose the use of carbon credits purchased from other countries to help meet the European Union’s upcoming 2040 climate target. The official target—set for...
SP Energy Networks, the distribution arm of Iberdrola in the UK, has committed £1.4 billion to deliver critical onshore transmission infrastructure across central and southern Scotland—supporting the UK Government’s Clean...
• Supervisory review finds shortcomings in SFDR compliance and risk integration• Report identifies issues at both entity and product levels• ESMA urges national regulators to increase scrutiny and follow up...
Nokia has signed a €1.5 billion five-year multicurrency revolving credit facility (RCF), with two optional one-year extensions. The facility includes a sustainability-linked pricing mechanism, tying the margin of the loan...
At its meeting on 25 June 2025, the Swiss Federal Council announced a decision to pause the ongoing revision of the Ordinance on Climate Disclosures for companies. The move reflects...
A strong majority of Europeans believe climate change is a critical issue requiring urgent action, according to the latest Eurobarometer survey. 85% of citizens say tackling climate change should be...
• Confirms continued commitment to anti-greenwashing law after confusion over withdrawal• Microenterprise exemption remains the key sticking point• Final outcome hinges on Council clarity and political consensus The European Commission...
EcoCeres has secured a multi-year agreement to supply British Airways with sustainable aviation fuel (SAF), enabling the airline to cut lifecycle carbon emissions by approximately 400,000 metric tonnes—the equivalent of...
The European Commission and European Investment Bank (EIB) have introduced a new €5 billion flexible guarantee to expand EIB operations beyond the EU and unlock up to €10 billion in...
This week’s ESG headlines reveal a global acceleration in carbon credit adoption, clean energy investments, and sustainability disclosure reforms. As Microsoft, JPMorganChase, and ByteDance ink multi-million-ton carbon removal deals, governments...
In an unprecedented industry collaboration, DBS, OCBC, and UOB, with support from the Monetary Authority of Singapore (MAS), have launched a report to help banks assess the financial implications of...
The Singapore Business Federation (SBF) is calling for a 12- to 24-month extension of mandatory climate-related disclosures under the ISSB framework for smaller firms listed on the Singapore Exchange (SGX)....
Ambienta SGR S.p.A., a leading European asset manager focused on environmental sustainability, has closed its small cap strategy with commitments totaling approximately €500 million—surpassing its original €450 million target. The...
Wolters Kluwer has expanded its CCH® Tagetik ESG & Sustainability platform with two targeted solutions: one to support compliance with the EU’s Carbon Border Adjustment Mechanism (CBAM) and another to...
Slovenia has launched its first sustainability-linked bond, raising €1 billion to support its environmental and climate objectives. The 10-year bond, maturing on 2 July 2035, carries a coupon rate of...
Tudor is reinforcing its commitment to sustainability in 2025, expanding the environmental and social goals outlined in its first-ever sustainability report released last year. The 2024 report marked a strategic...
Eni and BMW Italia have signed a Letter of Intent to jointly accelerate the decarbonization of road transport through biofuels and electric mobility infrastructure. The partnership centers on Hydrotreated Vegetable...
Meta has signed four new clean energy agreements with Invenergy totaling 791 MW, reinforcing its push to power expansive data center and AI operations with sustainable electricity. These deals elevate...
MERLIN Properties and Carbon2Nature, a subsidiary of Iberdrola, have partnered to develop the MERLIN Forest—a landmark ecological restoration project designed to regenerate over 200 hectares of fire-damaged land and capture...
ByteDance, the global tech company behind TikTok, has purchased the right to retire over 100,000 tonnes of carbon credits through Rubicon Carbon’s flagship offering, the Rubicon Carbon Tonne® (RCT). The...
The Global Reporting Initiative (GRI) has unveiled two new sustainability reporting standards—GRI 102: Climate Change and GRI 103: Energy—to drive corporate accountability and accelerate climate action. “These new GRI Standards...
The Asian Infrastructure Investment Bank (AIIB) has entered into a strategic partnership with Keppel Ltd. to mobilize up to USD1.5 billion for sustainable infrastructure projects across Asia-Pacific. The agreement, signed...
The UK government has released exposure drafts of its new UK Sustainability Reporting Standards (UK SRS), marking a significant step toward a modernised corporate reporting framework. The drafts are modeled...
A new platform, FourTwoThree, has launched with backing from global banks NatWest Group, NAB, and SC Ventures to address the urgent need for scalable SME climate action. The initiative targets...
The UK government has announced a major step in its mission to become the “sustainable finance capital of the world”, launching a set of consultations aimed at standardizing climate transition...
A first-of-its-kind international coalition led by Singapore, the United Kingdom, and Kenya will issue shared global principles to strengthen voluntary carbon markets and scale climate finance ahead of COP30 in...
Frontier Infrastructure Holdings has signed a landmark offtake agreement with Wild Assets to deliver up to 120,000 tonnes of carbon dioxide removal (CDR) credits from Bioenergy with Carbon Capture and...
Agoro Carbon has signed a landmark 12-year offtake agreement with Microsoft to deliver 2.6 million carbon removal credits, marking one of the largest and most enduring soil-based carbon deals in...
The European Commission has adopted the Clean Industrial Deal Framework (CISAF), a robust and long-term state aid structure aimed at accelerating clean energy deployment, industrial decarbonisation, and clean technology investment...
Microsoft has entered a 10-year agreement with Anew Climate and Aurora Sustainable Lands to purchase 4.8 million nature-based carbon removal credits—a deal that establishes one of the largest long-term working...
JPMorganChase has signed a 10-year agreement with 1PointFive to purchase 50,000 metric tons of carbon dioxide removal (CDR) credits, marking a significant step in the financial giant’s efforts to decarbonize...
Syre, the H&M-backed textile recycling firm, has announced strategic partnerships with Gap Inc., Target, and Houdini Sportswear as part of its commercial launch, advancing its mission to decarbonize and dewaste...
The IFRS Foundation has published new guidance to help entities disclose climate-related transition information in alignment with IFRS S2 Climate-related Disclosures, aiming to improve the quality, consistency, and comparability of...
Greenbelt Capital Partners, a private equity firm focused on advancing energy and infrastructure transformation, has closed its inaugural fund—Greenbelt Capital Partners III L.P.—at $1 billion, hitting its hard cap and...
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