ING has released its Climate Progress Update 2024, highlighting how it engages with clients in transitioning to a low-carbon economy. The update reflects ING’s commitment to steering the most carbon-intensive...
Ørsted has signed a major deal with Equinor, agreeing to sell 330,000 tonnes of carbon dioxide removal (CDR) credits over a ten-year period. This is tied to Ørsted’s groundbreaking ‘Kalundborg...
A Critical Moment for Sustainable Development The world faces significant challenges—geopolitical conflicts, the climate crisis, high inflation, and the lingering effects of COVID-19—that hinder sustainable development. Only 17% of Sustainable...
Standard Chartered Bank and SEB have expanded their partnership with Puro.earth to enhance the Carbon Dioxide Removal (CDR) market. By facilitating offtake agreements for high-quality, Puro Standard-certified carbon removal credits,...
MSCI Inc. has launched MSCI Carbon Project Ratings, the first tool to assess the integrity of over 4,000 carbon credit projects. This marks a significant step forward in setting new...
Key Impact Points: ERM has partnered with CEEZER to create the ERM Carbon Credit Portal, enabling businesses to purchase and retire carbon credits efficiently. The portal, integrated with ERM’s carbon...
Growing Confidence in SI Data Concerns about the availability and accuracy of ESG data have significantly declined, with fewer asset owners citing it as a barrier to sustainable investment (SI)....
SBTi Expands Corporate Net-Zero Standard to Refine Emission Neutralization The Science Based Targets initiative (SBTi) is advancing its efforts to help companies achieve net-zero by revising its Corporate Net-Zero Standard....
Kenya has taken a significant step forward in its climate goals by becoming the first African nation to develop a national REDD+ registry, designed to track carbon credits aimed at...
United Airlines and the San Francisco 49ers have teamed up to reduce carbon emissions from air travel by launching a pilot project using sustainable aviation fuel (SAF). The 49ers are...
IBM and the United Nations Development Programme (UNDP) have launched two innovative energy models aimed at accelerating a global energy transition. Hosted on UNDP’s GeoHub platform, these free, interactive models...
Woodland Biofuels Invests $1.35 Billion in Louisiana for Renewable Fuels Toronto-based Woodland Biofuels announced a $1.35 billion investment to build a renewable natural gas (RNG) and ultra-green hydrogen facility at...
Hero Future Energies, a unit of the Hero Group, is set to invest $20 billion over the next six years to expand its renewable energy capacity nearly 16-fold, according to...
A new partnership between BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX aims to revolutionize AI infrastructure with a potential $100 billion investment. The Global AI Infrastructure Investment Partnership (GAIIP)...
Vanguard’s Investor Choice proxy voting pilot, launched in early 2023, has revealed new data from the 2024 proxy season, showing growing individual investor engagement. The initiative enables individual investors to...
More than 530 financial institutions, managing over $29 trillion in assets, are pressuring governments worldwide to take decisive action on the climate crisis. In a joint statement ahead of COP29,...
Travalyst has made flight emissions data more accessible than ever, scaling its information to appear in over 65 billion flight searches globally. This effort, led by the non-profit founded by...
Expanding the Carbon Removal Rulebook The Integrity Council for the Voluntary Carbon Market (ICVCM) has approved a new suite of methodologies for engineered carbon dioxide removal (CDR), strengthening governance of...
A Life Devoted to Nature Dr Jane Goodall, the world’s most renowned primatologist and conservationist, died Wednesday at 91 while on a speaking tour in California, the Jane Goodall Institute...
A growing sovereign green bond market The Hong Kong Special Administrative Region has released its Green Bond Report 2025, providing a detailed account of how HK$240 billion (US$31 billion) in...
European businesses call sustainability a competitiveness issue A new survey of more than 2,500 senior executives across France, Germany, Italy, Spain and Poland reveals broad support for binding corporate sustainability...
Asia-Pacific Leaders Advance ESG Integration On the sidelines of UN General Assembly week, the United Nations Global Compact convened senior business leaders from Asia and Oceania for a closed-door Leadership...
Quality over Quantity Defines Luxury’s Next Phase The global luxury sector is navigating slowing demand, shifting consumer expectations, and a changing definition of value. According to the first EY Luxury...
New Capital for Expanding Energy Transition Services Nuveen has acquired a majority interest in Ally Energy Solutions, a U.S. provider of turnkey power and efficiency upgrades for commercial and industrial...
A Strategic Carve-Out in Solar TotalEnergies has sold a 50% stake in a 1.4 gigawatt (GW) solar portfolio across the United States to insurance vehicles and funds managed by KKR,...
Baton Rouge bets on carbon removal ExxonMobil has been selected to transport and permanently store carbon dioxide captured at AtmosClear’s planned biomass energy facility at the Port of Greater Baton...
New Pathways for Automotive Waste Porsche AG, BASF SE and Austrian technology firm BEST Bioenergy and Sustainable Technologies GmbH have completed a pilot project demonstrating the chemical recycling of complex...
A New Benchmark for Corporate Climate Expertise The Science Based Targets initiative (SBTi) has established the world’s first official register of certified experts qualified to guide companies through the complexities...
Oslo steps into global transition capital markets Norges Bank Investment Management (NBIM), manager of Norway’s $1.6 trillion sovereign wealth fund, has committed $1.5 billion to Brookfield Asset Management’s Global Transition...
Jakarta’s Waste Crisis Spurs New Energy Push Indonesia’s sovereign wealth fund, Danantara Indonesia, will roll out at least eight waste-to-energy plants by the end of October as part of a...
Brussels signs off on CBAM reform The Council of the European Union has adopted a regulation simplifying the bloc’s carbon border adjustment mechanism (CBAM), an instrument designed to prevent carbon...
Cyprus Decision Marks Next Phase Meeting in Europe’s most water-scarce country, the European Investment Bank (EIB) Group’s Board has adopted the second phase of its Climate Bank Roadmap, committing to...
Toronto’s first Climate Week is bringing together investors, business leaders, policymakers, and innovators to explore how climate action is reshaping markets and creating new opportunities. With dozens of sessions happening...
Regulatory Uncertainty Meets Investor Demands 2025 is proving to be a pivotal year for corporate sustainability disclosures. Thousands of companies have filed reports under the European Union’s Corporate Sustainability Reporting...
IBM is moving to address one of the persistent bottlenecks in corporate climate reporting: the accuracy and usability of greenhouse gas (GHG) emissions data. The company has introduced the Envizi...
Sarawak bets on hybrid clean power Malaysia’s Sarawak state has secured one of its largest private renewable energy investments with Founder Group Limited and Planet QEOS Sdn. Bhd. committing MYR1.16...
Record Commitments from Berlin Berlin has confirmed it provided €11.8 billion ($13.81 billion) in international climate finance during 2024, a record outlay designed to strengthen developing countries’ ability to respond...