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In this week’s ESG News Week In Review, climate ambition and capital alignment took center stage ahead of COP30. EU climate ministers approved a 2040 target to cut emissions by...
By ESG News Staff San Francisco–based Perigon Wealth Management has acquired Gitterman Wealth Management and Gitterman Asset Management, two New Jersey–based firms known for their focus on climate-aware investing. The...
• First electric delivery van introduced in Saudi Arabia by Maersk and Unilever, advancing the Kingdom’s Vision 2030 decarbonisation goals.• Operates from Maersk’s Jeddah Logistics Park, powered by a 64,000...
• The Science Based Targets initiative (SBTi) released its second draft of the Corporate Net-Zero Standard V2 for public consultation, open from November 6 to December 8.• The revision aims...
• The extension marks one of Europe’s earliest sustainability-linked financings in the building materials sector, now renewed through 2030.• The €300 million (US$324 million) facility remains tied to Molins’ 2030...
• The Principles, backed by ICMA, unveiled Climate Transition Bond Guidelines to structure funding for decarbonization projects.• The framework defines Climate Transition Projects that extend beyond traditional green bonds to...
• Inter IKEA commits US$108 million (€100 million) to global forest-based carbon removal, launching its first project in Brazil’s Atlantic Forest biome.• The partnership with BTG Pactual Timberland Investment Group...
Practical scale-up of durable removals Swiss carbon removal company neustark has joined the Puro.earth supplier network and will certify credits under the Carbonated Materials methodology of the Puro Standard. The...
• Europe targets 20 million tonnes of sustainable fuels by 2035, requiring €100 billion in investments.• The plan integrates the EU’s Clean Industrial Deal and Competitiveness Compass to scale renewable...
• TD Bank secures a four-year supply of Improved Forest Management (IFM) removal credits from Chestnut Carbon.• Agreement supports TD’s operational decarbonization and sustainable finance platform.• Credits sourced from privately...
• Google’s largest carbon removal deal to date will fund the restoration of Amazon rainforest areas through Brazilian startup Mombak, offsetting 200,000 metric tons of CO₂.• The partnership strengthens demand...
• The EU will push for accelerated delivery on the Paris Agreement through new Nationally Determined Contributions (NDCs) and commitments to tripling renewables and doubling energy efficiency by 2030.• The...
• Apple to generate over 1 million MWh of clean energy annually in Australia by 2030.• New Restore Fund investment to protect and restore 8,600 hectares of New Zealand forestland.•...
• TotalEnergies projects fossil fuels will account for 60% of global energy demand in 2050, down from 80% today.• The company calls for prioritizing affordable low-carbon technologies and advancing global...
• AWS will use recycled water in more than 120 U.S. data centers—up from 24—preserving an estimated 530 million gallons of drinking water annually.• The initiative contributes to Amazon’s goal...
Forbion Expands Its Biotech Footprint into Planetary Health Forbion, a leading European life sciences venture capital firm, has closed its Forbion BioEconomy Fund I at a hard cap of €200...
Global coalition calls for action A coalition of leading global manufacturers and energy providers is urging the Greenhouse Gas (GHG) Protocol to explicitly recognize renewable gas certificates and other market-based...
• Global cities’ climate investment needs have surged 22% year-on-year to US$105 billion in 2025.• Green infrastructure and nature-based projects are expanding fastest, more than quadrupling since 2020.• Despite rising...
Brussels Sets 2040 Climate Goal After marathon overnight talks, European Union environment ministers reached an agreement to reduce greenhouse gas emissions by 90% by 2040, compared to 1990 levels. The...
• Converts agricultural and forestry waste into renewable marine fuel, gasoline, and SAF• Offers “drop-in” lower-carbon alternatives for hard-to-abate sectors like shipping• Modular design lowers installation costs and accelerates project...
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