The UN Development Programme (UNDP) has partnered with the Global Reporting Initiative (GRI), GSG Impact, IFRS Foundation, and International Organization for Standardization (ISO) to establish Sustainability Disclosure and Management Hubs (SDMHs) in 14 developing and ...
Breakthrough Energy Ventures (BEV), backed by Bill Gates, has secured $839 million for its third flagship fund, BEV III, according to a recent regulatory filing. This makes it the largest climate fund raised so far ...
Iberdrola has secured a €500 million syndicated green loan with ICO, Sabadell, and HSBC, covered by Cesce through its Green Investment Policy on behalf of the State. The loan, guaranteed by the Internationalisation Risk Reserve ...
In a landmark ruling, Australia’s Federal Court ordered Mercer Superannuation (Australia) Limited to pay an $7.4 million penalty for misleading claims about the sustainability of its superannuation investment options. Mercer admitted to making false statements ...
Accenture (NYSE: ACN) has acquired BOSLAN, a leading provider of management services for large infrastructure projects based in Bilbao, Spain. This acquisition will enable Accenture to reinvent how clients engineer and execute net-zero infrastructure projects ...
Goldman Sachs Fuels BrightNight’s Growth BrightNight, a top renewable power firm, secures a $440 million investment from Goldman Sachs Alternatives. This funding will fully finance BrightNight’s five-year plan and its 31-gigawatt renewable project portfolio, supported ...
Masdar, the UAE’s clean energy leader, has signed an agreement with TotalEnergies to explore a commercial project converting green hydrogen to methanol and then to Sustainable Aviation Fuel (SAF). The project targets the decarbonization of ...
BBVA achieved a new milestone in sustainable business, channeling €26 billion in the second quarter of 2024. This marks a record for the Group, contributing to a total of €46 billion mobilized in the first ...
Microsoft has bought over 80,000 metric tons of carbon removals from the Blue Creek Improved Forest Management Project, managed by Western Rivers Conservancy (WRC) in Northern California. This purchase aligns with Microsoft’s climate targets and ...
RMI and FedEx have introduced GridUp, a cutting-edge tool designed to predict energy and power needs for electric vehicle (EV) charging. Backed by a grant from FedEx, GridUp provides utilities with detailed forecasts to help ...
For more from Tim Mohin, sign up for his newsletter here While there are still many questions about how all of these policies will work and interact, the time for implementation has arrived. In the last ...
The UK government has announced a record budget of over £1.5 billion for the next renewable energy auction, aiming to enhance energy security and reduce costs for families and businesses. This represents a more than ...
ISS ESG, the sustainable investment arm of ISS STOXX, has introduced a new Industry Average Emission Intensity Data Set as part of a major augmentation to its Climate Solutions. This new tool supports banks and ...
Deutsche Bank has introduced BASF’s first sustainability-linked payables finance program in Asia, targeting operations in China. This tailored solution meets global standards while catering to local business needs. The program transitions BASF’s existing payables finance ...
Schneider Electric, a leader in energy management and automation, released its Q2 2024 sustainability scores alongside half-year financial results. This update is part of their Sustainability Impact (SSI) program, essential to their 2021–2025 ambitions. “Coming ...
Leveraging Technology in ESG Global capability centres (GCCs) are driving ESG initiatives with over 1,600 centers in India, expected to reach 1,900 by 2025, hitting a market size of $60 billion. Using digital tech like ...
ArcLight has launched SkyVest Renewables, committing an initial $500 million to operate and optimize renewable assets. As part of this initiative, ArcLight has acquired a 160 MW wind farm in Texas, which began operations in ...
The Science Based Targets initiative (SBTi) has released four technical documents, marking an early step in revising the Corporate Net-Zero Standard. This effort aims to enhance strategies for addressing scope 3 emissions, which constitute 75% ...