Microsoft and EDPR NA expand clean energy partnership EDP Renewables North America (EDPR NA) has delivered three new utility-scale solar projects totaling 400 megawatts (MW) across Illinois and Texas. Microsoft has signed long-term virtual power ...
Pemex’s Climate Shift Mexico’s state-owned oil giant Pemex has unveiled its first Sustainability Plan, marking a significant step in addressing climate risks. Climate Action 100+ investors, engaging with Pemex since 2020, welcome this progress as ...
Datamaran, a leader in ESG governance software, has named Sebastian Hempstead as its first Chief Commercial Officer (CCO). This follows a $33 million Series C funding round in September 2024, underscoring the company’s focus on ...
Salesforce, alongside Hugging Face, Cohere, and Carnegie Mellon University, launched the AI Energy Score—a new benchmarking tool to measure and compare AI model energy consumption. Salesforce is the first AI model developer to disclose its ...
Chinese EV giant BYD is in advanced talks with European automakers to form a carbon credit pool, allowing companies with lower EV sales to buy emissions credits and reduce their overall CO2 averages. “We’re in ...
Driving Renewable Growth ContourGlobal has successfully closed its first corporate-level Green Bond issuance, securing over $1 billion to accelerate its renewable energy expansion and carbon reduction efforts. Where the Funds Go: The company will direct ...
Gulf Cooperation Council (GCC) nations have announced a landmark $100 billion investment in renewable energy by 2030. The move is part of a broader strategy to transition towards clean energy and reduce carbon emissions. Why ...
Achilles, a global leader in supply chain risk and performance management, has launched Achilles Analytics, an advanced online tool that enables companies to track sustainability and compliance metrics with precision. Smarter Supply Chain Management Achilles ...
Royal Bank of Canada (RBC) and Carbonhound have partnered to offer Canadian businesses an automated solution for measuring, verifying, and managing carbon emissions. The collaboration aligns with RBC’s strategy to support clients in transitioning to ...
HSBC has appointed Julian Wentzel as its new Group Chief Sustainability Officer, the bank announced Friday. Wentzel, who joined HSBC in 2015, had been serving in the role on an interim basis since Celine Herweijer’s ...
Cargill is expanding its footprint in Brazil’s renewable energy sector by acquiring the remaining 50% stake in SJC Bioenergia. The move gives Cargill full control of the sugar-energy company, reinforcing its long-term investment strategy in ...
The news: Vattenfall has joined the Corporate Leaders Group Europe (CLG), reinforcing its commitment to a fossil-free future. The CLG, founded by the Cambridge Institute for Sustainability Leadership, unites business leaders to drive climate neutrality ...
Singtel’s regional data centre arm, Nxera DCT Pte Ltd., has secured a S$643 million five-year green loan to fund the development of DC Tuas, Singapore’s most hyper-connected, high-power-density green data centre. The loan is backed ...
Sustainable investment fund regulations are evolving rapidly, with increasing scrutiny on greenwashing and new labelling standards. Fund managers must comply with regulatory-driven requirements like the UK FCA’s Sustainability Disclosure Requirements (SDR) and government-led labels such ...
Driving Carbon Removal at Scale Google is ramping up its commitment to carbon removal, contracting over $100 million in credits—three times its 2023 pledge. Through independent purchases and the Frontier buying consortium, the company is ...
Altus Power , the largest owner of commercial-scale solar in the U.S., has entered into a definitive agreement to be acquired by TPG through its Rise Climate Transition Infrastructure strategy. The $2.2 billion all-cash deal, ...
X-energy has closed an upsized $700 million Series C-1 financing round to accelerate the development of its advanced small modular reactor (SMR) technology. The round includes new investors Segra Capital, Jane Street, Ares Management, and ...
Morgan Stanley Infrastructure Partners (MSIP) has made a strategic investment in Torch Clean Energy, a U.S.-based solar and storage developer, to expand and evolve its business model. The investment allows Torch to transition into a ...
Driving Ocean & Coastal Research The BNP Paribas Foundation is launching the 6th edition of its Climate & Biodiversity Initiative, focusing on ocean and coastal ecosystems. With ocean acidification, coastal erosion, and overfishing threatening marine ...