The European Commission has rolled out a set of revisions to simplify implementation of its EU Deforestation Regulation (EUDR), aiming to ease compliance burdens while maintaining its environmental objectives. The...
Saudi Arabia has made a significant move in the global green finance arena, issuing the first-ever euro-denominated green bond by a sovereign from the MENA region. The €1.5 billion ($1.6...
The U.S. Securities and Exchange Commission (SEC) has approved the Green Impact Exchange (GIX), paving the way for the country’s first national stock exchange dedicated to sustainability. GIX will offer...
The Volvo China Open is accelerating its sustainability strategy by relocating to Shanghai’s Enhance Anting Golf Club — a move that represents more than a change in scenery. Backed by...
Polestar has achieved a 24.7% reduction in greenhouse gas emissions per vehicle sold since 2020, according to its fourth Annual Sustainability Report. The milestone underscores the EV maker’s strategy to...
Salesforce is integrating autonomous AI agents into its climate innovation efforts, positioning digital labor as a key enabler of scalable, nature-based solutions. Through its Salesforce Accelerator – Agents for Impact,...
Hosted by: Ed Whittingham, renowned climate expert and policy advocateGuests: Greg Nemet (University of Wisconsin), Klaus Lackner (Arizona State University), David Keith (University of Chicago), Sara Hastings-Simon (University of Calgary),...
The Net Zero Banking Alliance (NZBA), a UN-backed coalition of over 120 global banks, has formally voted to loosen its commitment to the 1.5°C global warming target, pivoting instead to...
New Framework Launched to Help Companies Cut Supply Chain Emissions The We Mean Business Coalition, in partnership with CDP and Ceres, has released a new guide to help companies engage...
Google has signed its first corporate power purchase agreement (PPA) for geothermal energy in Asia, marking a major step in its clean energy transition strategy across the region. The deal,...
The Department of Finance (DOF) is accelerating the country’s sustainable finance agenda by expanding the role of the Inter-Agency Technical Working Group on Sustainable Finance (ITSF), also known as the...
Microsoft has inked the largest carbon removal deal in history, committing to purchase 6.75 million metric tons of engineered carbon removal from AtmosClear, a Fidelis portfolio company, over 15 years....
Repsol has officially started electricity production at Antofagasta Phase 1, the company’s largest wind project to date and one of Chile’s biggest renewable installations. The 364 MW facility is located...
General Motors has appointed Cassandra Garber as its new Chief Sustainability Officer (CSO), tapping a seasoned ESG leader from Dell Technologies to steer the automaker’s environmental and social strategy. The...
Heidelberg Materials has received planning approval to build a carbon capture and storage (CCS) facility at its Padeswood cement plant in Flintshire, north Wales—positioning the UK closer to decarbonising one...
The LEGO Group has officially opened its most environmentally sustainable factory to date in Binh Duong, Vietnam—marking a strategic move to expand its manufacturing footprint across Asia-Pacific and meet growing...
RayGen Resources has closed a landmark A$127 million Series D investment round, drawing strong support from global energy leaders and public sector investors. The raise, led by SLB with a...
Global maritime shipping is poised for a transformative shift following a landmark agreement reached by the UN International Maritime Organization (IMO). The newly approved framework sets the sector on course...
The International Finance Corporation (IFC), part of the World Bank Group, has committed a US$100 million loan to Santander Chile to fund energy-efficient and environmentally sustainable building projects. This marks...
Apollo Funds have committed up to $400 million to a new joint venture with Summit Ridge Energy, aimed at owning and operating commercial solar assets across Illinois—marking a major expansion...
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s leading renewable energy firm, has signed two pivotal agreements with PT PLN (Persero), Indonesia’s state-owned electricity company, to significantly advance...
ERM, the world’s largest specialist sustainability consultancy, has deepened its partnership with Salesforce by joining as a global tier one Net Zero Cloud Advisory & Implementation Partner—positioning itself to help...
EcoVadis, a leader in sustainability intelligence for global supply chains, has appointed Dexter Galvin as its new Climate Ambassador, marking a strategic move to fast-track corporate decarbonization initiatives. A recognized...
Volkswagen Group significantly expanded its leadership in Europe’s all-electric vehicle (BEV) market in Q1 2025, more than doubling BEV deliveries in the region and achieving a 113% year-over-year increase. The...
Orbital Materials and cloud service provider Civo have entered a strategic partnership to pilot carbon removal technology within data centers—aiming to transform a high-emission industry with advanced, AI-powered materials. Civo...
Excelsior Energy Capital, a leading independent renewable energy investor in North America, announced the final close of its Excelsior Renewable Energy Investment Fund II, LP at just over $1 billion,...
Airbus and Qantas have committed AUD$15 million to Climate Tech Partners (CTP)—a climate-focused venture capital fund—to drive innovation in Sustainable Aviation Fuel (SAF) and other aviation decarbonisation technologies. The announcement,...
JFE Steel Corporation is advancing its decarbonization agenda with the construction of a high-efficiency, large-scale electric arc furnace at its Kurashiki facility in West Japan. The company announced today that...
Microsoft has signed a milestone offtake agreement with CO280, committing to purchase 3.685 million tonnes of permanent carbon dioxide removal over 12 years. The carbon will be captured from boiler...
AI’s Power Surge Redefines Energy Demand Artificial intelligence is reshaping the energy landscape, with a dramatic rise in electricity consumption forecast for data centres as AI adoption scales. A new...
Verra has officially registered the Tond Tenga project in Burkina Faso, the first initiative to use a Verified Carbon Standard (VCS) methodology approved under the Integrity Council for the Voluntary...
GreenLine Mobility Solutions, a logistics firm backed by the Essar Group, is accelerating its green transportation goals with a $1 billion investment—including $275 million in equity from its promoters and...
Abu Dhabi Future Energy Company PJSC – Masdar has completed its acquisition of 100% of TERNA ENERGY SA, following the conclusion of a mandatory tender offer and a squeeze-out process...
Carbon Direct has appointed Rory Jacobson as Head of Policy, reinforcing its leadership in carbon management with one of the most experienced voices in U.S. carbon removal policy. Jacobson most...
ESG Book, in partnership with Boston Consulting Group (BCG), has launched LEO, a cloud-native platform designed to simplify and accelerate sustainability disclosures for corporates and financial institutions. Built with Google...
The European Securities and Markets Authority (ESMA) has published the findings of its 2024 Common Supervisory Action (CSA) on environmental, social, and governance (ESG) disclosures under the Benchmarks Regulation (BMR)....
The global push toward net-zero emissions by 2050 is not a lofty ambition—it’s an essential strategy to secure long-term economic resilience and mitigate climate risk. As the world faces intensifying...
Hosted by: Ed Whittingham, renowned climate expert and policy advocateGuests: Jan Wurzbacher, co-founder of Climeworks; Lucy Hargreaves, Corporate Affairs and Climate Policy at Patch; Jim McDermott, co-founder and managing partner...
Eni is preparing to sell a second minority stake in Plenitude, its renewables and retail arm, expecting the business to be valued above €10 billion ($11B), including debt. “We have...
OneStream has launched a new ESG Reporting & Planning solution to help CFOs and Finance leaders meet growing ESG compliance and performance demands—while connecting sustainability data directly to financial outcomes....
What’s happening U.S. President Donald Trump signed a sweeping executive order on Tuesday directing the federal government to block state-level climate policies that restrict fossil fuel use or promote environmental...
Platts, a division of S&P Global Commodity Insights, will launch a daily market assessment for Australian Safeguard Mechanism Credits (SMCs) on May 5, 2025.This new benchmark is designed to improve...
Carbon Equity just closed €105M for its third climate fund — a clear signal that private capital continues to move into the climate tech space, even as broader market sentiment...
J.P. Morgan Asset Management has closed its Campbell Global Forest & Climate Solutions Fund II at $1.5 billion, exceeding its initial $1 billion target. The close marks a major step...
Edmond de Rothschild has appointed Eric de Tessières as Group Chief Sustainability Officer, reinforcing its longstanding ESG commitment. He reports directly to Deputy CEO Cynthia Tobiano and began the role...
Singapore expands its global carbon market framework with a new bilateral Implementation Agreement with Chile, marking its fifth such pact under Article 6 of the Paris Agreement. This legally binding...
The European Securities and Markets Authority (ESMA) is pushing forward with critical reforms that will shape the future integrity of the European Green Bond market. The new Consultation Paper details...
The European Commission is weighing a major shift in its climate strategy — allowing international carbon credits to count toward its 2040 emissions goal, per sources familiar with the talks....
Occidental Petroleum’s carbon capture unit, 1PointFive, secured critical EPA permits to sequester CO₂ underground from its direct air capture (DAC) facility, Stratos, located in Ector County, Texas. The permits were...
New York’s Department of Environmental Conservation (DEC) released draft regulations mandating annual greenhouse gas (GHG) emissions reporting for high-emitting sectors starting in 2027. Covered entities will report emissions from the...
The Bezos Earth Fund and Global Methane Hub have committed $27.4 million to launch the Global Methane Genetics initiative, an ambitious international program to breed livestock that naturally emits less...
The EU is aiming for net-zero emissions by 2050—while also driving global competitiveness. A new policy roadmap, The AI Opportunity for Europe’s Climate Goals, outlines how AI can help deliver...
Climate Asset Management has made its first U.S. forestry investment with the acquisition of a 68,000-acre timberland asset in Washington State’s Olympic Peninsula. The transaction was completed in Q4 2024...
The EU Emissions Trading System (ETS) continues to show strong results, with greenhouse gas emissions in covered sectors falling by 5% in 2024, according to a new report from the...
AIP Management has agreed to invest in Silicon Ranch, a leading U.S.-based independent power producer with a community-first model and 3.6 GW of operating capacity. This is AIP’s second investment...
Neste and DB Schenker have joined forces to accelerate low-emission logistics in Asia-Pacific, kicking off a trial that marks the first use of Neste MY Renewable Diesel™ for road transport...
IAG and Microsoft have expanded their 2023 agreement for Sustainable Aviation Fuel (SAF), extending it by five years in what is now the most extensive Scope 3 SAF commitment on...
The European Commission has approved a €3.26 billion disbursement to France after concluding the country fulfilled all required milestones under the Recovery and Resilience Facility (RRF), part of the EU’s...
Reforestation startup Mombak has closed a R$100 million ($17.8 million) deal with Santander Brasil and Brazilian development bank BNDES to scale its Amazon restoration efforts. The agreement marks the first...
Britain is rolling back parts of its Zero Emission Vehicle (ZEV) Mandate in a bid to protect its auto industry from the fallout of new 25% tariffs on car imports...
PAI Partners has secured Science Based Targets initiative (SBTi) validation for its firmwide decarbonization goals. This recognition supports the firm’s commitment to slashing emissions at both the General Partner (GP)...
Goldman Sachs Alternatives has acquired Atlas-SSI, a North American water management solutions provider, in a move that underscores the rising demand for sustainable water infrastructure. The acquisition, led by Goldman’s...
Western Macedonia is undergoing a radical transformation. PPC Group’s €5.75 billion investment plan repurposes former lignite sites into a green energy and technology hub for Greece and Southeastern Europe. “PPC...
BBVA and the EIB Group (comprising the European Investment Bank and the European Investment Fund) have launched a €93 million synthetic securitisation backed by InvestEU, unlocking up to €185 million...
Terradot is accelerating global carbon removal with science-backed ERW at scale. The climate tech company has signed a deal with Microsoft to remove 12,000 tonnes of CO₂ between 2026 and...
The Avoided Emissions Platform (AEP) launches with the backing of Mirova, Robeco, Edmond de Rothschild AM, I Care by Bearing Point, and Quantis (a BCG company). The initiative aims to...
ISS ESG, the sustainable investment arm of ISS STOXX, has launched a Sustainability Bond Rating that offers investors a new way to assess the sustainability impact and risk of labeled...
Petrobras and the Brazilian Development Bank (BNDES) have signed a Memorandum of Understanding to launch ProFloresta+, an unprecedented initiative aimed at purchasing carbon credits generated through Amazon reforestation. The project...
Carbon removal must scale dramatically to meet global climate goals. The Intergovernmental Panel on Climate Change (IPCC) estimates that 100–1000 billion metric tonnes (GtCO₂) must be removed by 2100 to...
The International Air Transport Association (IATA) has officially launched the Sustainable Aviation Fuel (SAF) Registry under the Civil Aviation Decarbonization Organization (CADO). This critical platform aims to drive the aviation...
BBVA continues its commitment to sustainability by training 466 SME suppliers in 13 countries, an 11% improvement over last year’s participation. This initiative is part of the Sustainable Suppliers Training...
Savor, a trailblazing food tech company, has officially launched its agriculture-free butter, a first-of-its-kind innovation that eliminates the need for animal or plant-based fats. The commercial debut marks a major...
The European Parliament has voted to adopt the European Commission’s “stop-the-clock” directive, delaying implementation timelines for key sustainability regulations: the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due...
TotalEnergies has finalized three major acquisitions, strengthening its global renewable energy portfolio and reinforcing its multi-energy strategy. The deals span Europe, Africa, and North America, adding significant capacity in solar,...
Swiss pharmaceutical giant Roche announced its long-term and short-term greenhouse gas (GHG) reduction targets, validated by the Science Based Targets initiative (SBTi), aligning with the 1.5°C Paris Agreement goal. By...
Hosted by: Ed Whittingham, renowned climate expert and policy advocateGuests: Ken Caldeira, Senior Scientist at Breakthrough Energy; David Keith, founder of Carbon Engineering and professor at the University of Chicago...
Hafslund Celsio is pioneering the first-ever carbon capture retrofit at its waste-to-energy facility in Oslo, potentially revolutionizing carbon removal practices across Europe. The facility processes 350,000 metric tons of sorted...
Japan’s MUFG has named Stephen Jennings as its first Chief Sustainability Officer for Europe, the Middle East, and Africa (EMEA), enhancing its efforts to guide clients toward sustainable business models....
China will officially enter the global green sovereign bond market Wednesday, issuing its inaugural 6 billion yuan ($825 million) bond on the London Stock Exchange. This issuance, anticipated for years,...
Quanta Global Capital Limited (“Quanta”) has announced a $10 billion green bond issuance, featuring a five-year maturity and an annual coupon of 7.5%. Structured into 100,000 Preferred Notes priced at...
Helin Cox, a seasoned chemical engineer known for scaling critical climate technologies globally, has been appointed Chief Technology Officer at Climeworks. Her extensive expertise spans technology commercialization, industrial scale-up, and...
Intertek, a global leader in Total Quality Assurance, has unveiled a comprehensive suite of solutions aimed at helping companies meet stringent EU Deforestation Regulation (EUDR) requirements affecting commodities like wood,...
The Speeki Academy, a new training platform, aims to empower executives and professionals navigating ESG and corporate responsibility challenges through tailored, expert-led courses. Available courses immediately address critical areas: Future...
Schneider Electric has partnered with sustainability platform One Click LCA, making comprehensive Environmental Product Declarations (EPD) data for over 50,000 electrical products widely accessible. This addresses the longstanding scarcity of...
Japan’s Government Pension Investment Fund (GPIF) has outlined a comprehensive policy to ensure long-term, stable investment returns by prioritizing sustainability-focused investments, incorporating ESG (environmental, social, and governance) and impact considerations...
NORD/LB Norddeutsche Landesbank and the European Investment Bank (EIB) today announced a EUR 165 million financing partnership aimed at accelerating renewable energy deployment across Europe. The financing was formalized at...
Legal & General (L&G) has launched its Nature and Social Outcomes strategy, deploying $235 million (£183M) in emerging markets to support nature conservation and sustainable development — pushing the firm’s...
Vale partners with GIP in $1B renewable energy joint venture. Vale announced Monday it will sell a 70% stake in its Brazilian renewable energy arm, Alianca Energia, to U.S.-based investment...
Tying executive compensation to sustainability isn’t just a governance trend—it’s a powerful lever to drive long-term value. A global review of 375 large publicly listed companies reveals that nearly 8...
lululemon is pushing the frontiers of sustainable apparel with a new multi-year collaboration with biotechnology firm ZymoChem to scale a bio-based version of nylon 6,6 — a key material in...
Gasunie is betting big on green energy to keep Dutch industry alive. The state-owned gas grid operator announced plans to invest €12 billion ($13 billion) by 2030 to speed up...
Mizuho Financial Group has solidified its commitment to carbon removal technologies by joining the NextGen CDR Facility, a collaborative carbon credit purchasing initiative led by NextGen CDR AG, a joint...
Stellantis, Europe’s second-largest automaker, has reaffirmed its commitment to purchasing CO₂ credits from Tesla’s emissions pool in 2025, even with the European Commission’s recent compliance delay. This strategic move highlights...
Norway’s sovereign wealth fund is making a bold clean energy move — investing €1.4B ($1.5B) to acquire a 49% stake in two offshore wind farms under construction in Germany and...
Australia’s financial regulator, ASIC, has issued its new Regulatory Guide 280 (RG 280), clarifying compliance expectations under the country’s mandatory climate reporting law. The law, enacted in September 2024, requires...
ESG News is proud to announce the official launch of Scrubbing the Sky, a groundbreaking 4-part mini-series podcast dedicated to exploring the cutting edge of carbon removal, climate technology, and...