Zurich Insurance Group has secured a long-term carbon dioxide removal agreement with Nellie, marking a milestone in commercial-scale engineered carbon removal. Why It Matters: After three years of development, Nellie’s first major offtake agreement validates ...
Repsol has approved a landmark investment in Catalonia to build Europe’s first facility transforming municipal waste into renewable methanol—a crucial fuel for decarbonizing transport and promoting the circular economy. “This investment is a clear commitment ...
Britain submitted its climate action plan to the UNFCCC, confirming its commitment to cutting greenhouse gas emissions by 81% by 2035. This follows Prime Minister Keir Starmer’s pledge at COP29 but stops short of detailing ...
What’s new: The IFRS Foundation published Applying IFRS S1 when reporting only climate-related disclosures in accordance with IFRS S2, a guide aimed at helping companies navigate climate-specific reporting under ISSB Standards. Why it matters: Investors ...
Blueleaf Energy and Jakson Green are joining forces to develop a 1-gigawatt (GW) solar portfolio in Rajasthan, India. The $400 million investment aims to accelerate India’s clean energy transition. The details: Why it matters: The ...
The European Commission has launched the Competitiveness Compass, a strategic roadmap to drive technological leadership, economic resilience, and climate neutrality. The initiative addresses Europe’s lag in productivity growth by focusing on innovation, decarbonization, and supply ...
A2A successfully placed its first European Green Bond, securing €500M with a 10-year tenor. The bond was met with strong investor interest, drawing orders worth €2.2B, leading to an oversubscription ratio of nearly 4.4x. Bond ...
The Center for Sustainability and Excellence (CSE) has released its highly anticipated 2025 Annual Research Results, offering an in-depth analysis of Environmental, Social, and Governance (ESG) practices among North America’s most profitable companies. The study, ...
TotalEnergies and STMicroelectronics have signed a physical Power Purchase Agreement (PPA) to supply renewable electricity to STMicroelectronics’ sites in France. The agreement, commencing in January 2025, guarantees 1.5 TWh of green energy over 15 years. ...
Macquarie Asset Management, on behalf of its institutional clients, has finalized approximately €420 million in debt financing for Nadara, one of Europe’s largest independent renewable power producers. Nadara oversees a diverse portfolio of wind, solar, ...
Switzerland’s Updated Climate Commitments The Federal Council has approved Switzerland’s new climate reduction target under the Paris Agreement, reinforcing its commitment to cutting emissions primarily through domestic measures. “The objectives are to be achieved primarily ...
Schneider Electric and Atmen have joined forces to drive digital innovation in sustainability compliance and traceability for power-to-X (PtX) supply chains. Why It Matters: With operations in over 100 countries, Schneider Electric is a global ...
LRQA has acquired RESET Carbon, a leading corporate and supply chain carbon management firm, reinforcing its commitment to ESG assurance, sustainability, and risk management. Why it matters: The acquisition strengthens LRQA’s ability to help clients ...
BDO has appointed Hannah Routh as Head of Sustainability and ESG, positioning her to lead and expand the firm’s ESG services, including reporting, assurance, climate advisory, and sustainable finance. Routh, formerly of Deloitte, has built ...
Manulife Forest Fund Manulife Investment Management Closes $480M Forest Climate Fund Key Takeaways: Manulife Investment Management has completed the third and final close of its $480.1 million Manulife Forest Climate Fund, securing investments from U.S. and ...
The BBC has unveiled its first Climate Transition Plan, outlining its roadmap to achieve Net Zero emissions by 2050. This milestone reflects the Corporation’s dedication to building a sustainable organization and influencing the wider media ...
Stockholm Exergi’s landmark bio-CCS project Stockholm Exergi has secured government funding of over SEK 20 billion in the Swedish Energy Agency’s reverse auction to develop a bio-CCS (bioenergy with carbon capture and storage) facility. This ...
Colesco’s First Close Secures Over €800M Colesco Capital, a sustainability-led direct lender, has achieved a significant milestone, raising over €800 million in its first platform close. APG and Rabobank, both known for their sustainability-focused strategies, ...
Qatar is accelerating its commitment to sustainable development with a $2.5 billion (QR9.10bn) green bond initiative targeting renewable energy projects, infrastructure improvements, and environmentally friendly real estate development. Michael Brady, Director of Turner and Townsend ...