Spiritus, a leader in direct air capture (DAC) technology, has appointed Brian Higgins, PhD, as Vice President of Technology Innovation, and Scott Kongkitisupchai, PhD, as Senior Director of Engineering. Both executives are recognized for successfully ...
Saudi Aramco, in collaboration with Siemens Energy, launched the Kingdom’s first Direct Air Capture (DAC) test unit, capable of removing 12 tons of CO2 per year from the atmosphere. This initiative represents a critical step ...
IKEA Australia’s latest FY24 sustainability report confirms significant climate action achievements, demonstrating profitability aligned with environmental stewardship. “We have reduced our operational climate footprint by 89% since FY16, while growing revenue by 68%,” the report ...
Schroders Greencoat, the specialist renewables manager within Schroders Capital, acquired a 49% share in Repsol’s 400 MW renewable portfolio, valued at €580 million. The portfolio consists of eight wind farms (300 MW) in Huesca, Zaragoza, ...
The British Standards Institution (BSI) has introduced groundbreaking government-backed standards, the Overarching Principles Standard (BSI Flex 701), to boost investment in nature-friendly projects across the UK. This pioneering standard—the first of its kind globally—will ensure ...
Pentagreen Capital, a sustainable infrastructure financing platform founded by HSBC and Temasek, and British International Investment (BII) have jointly launched an $80 million financing facility with ib vogt Singapore to fast-track utility-scale solar and battery ...
The IFRS Foundation today launched the Jurisdictional Roadmap Development Tool, a key pillar of its Regulatory Implementation Programme, designed to guide jurisdictions in effectively adopting International Sustainability Standards Board (ISSB) Standards. Unveiled at the IFRS ...
Microsoft and RMI’s report “Impact Accounting Methodology for Building Construction” presents an innovative approach designed to substantially reduce greenhouse gas emissions in construction, specifically targeting the embodied carbon in building materials. Spend-based emission accounting often ...
Renewable energy capacity surged by a record 585 gigawatts (GW) in 2024, reaching a total global capacity of 4,448 GW—marking the fastest annual growth rate ever at 15.1%, according to the Renewable Capacity Statistics 2025 ...
Swedish renewable energy developer OX2 has appointed Rebecca Karlsson as the new Chief Communications and Sustainability Officer. Karlsson, previously Head of Sustainability at OX2, has been with the company for nearly six years, holding various ...
Masdar, the UAE’s clean energy leader, announced a strategic partnership expansion with Endesa S.A., investing €184 million for a 49.99% stake in four Spanish solar plants totaling 446 MW. The transaction, pending regulatory approval, values ...
InnoEnergy, the impact investor driving clean tech innovation, has unveiled ambitious plans to mobilize up to €160 billion in clean tech investment by 2030, reflecting its Vision 2030. The significant financial commitment addresses Europe’s clear ...
Swedish power utility Vattenfall confirmed its final investment decision for the Nordlicht 1 and 2 offshore wind projects in Germany’s North Sea, marking a major step toward Germany’s renewable energy goals. Construction is scheduled to ...
Fidelity International has raised an additional €110 million ($119 million) for its Real Estate Logistics Impact Climate Solutions (LOGICs) fund, bringing the total raised since March 2024 to over €310 million ($330 million). The LOGICs ...
In this first episode, Host Ed Whittingham dives into the world of Direct Air Capture (DAC), a technology that extracts carbon dioxide directly from the ambient air. Ed explores the early history of carbon dioxide ...
ING announced today its climate targets have been validated by the Science Based Targets initiative (SBTi), marking it as the first global systemically important bank to align its emission reduction goals with the Paris Agreement’s ...
Amazon announced the launch of a carbon credit service, expanding its Sustainability Exchange to provide access to high-integrity, science-based credits. This initiative targets suppliers, business customers, and Climate Pledge signatories seeking credible ways to complement ...
Iberdrola has successfully issued a €400 million green bond indexed to its share price, maturing in five years with a coupon rate of 1.5%. This bond allows investors to exercise a call option linked directly ...
Despite persistent headlines suggesting businesses are retreating from sustainability commitments, PwC’s second annual State of Decarbonization Report reveals steady, quiet progress toward corporate climate ambitions. Analyzing disclosures from over 4,000 companies, PwC found a nine-fold ...
Apple Launches $99 Million China Clean Energy Fund to Reach 100% Renewable Supply Chain by 2030 Apple Inc. has launched its second China Clean Energy Fund, committing up to $99.3 Million (RMB 720 million) as ...
The Platform on Sustainable Finance (PSF), advising the European Commission, has proposed a voluntary “SME sustainable finance standard” aimed at easing access to sustainability financing for small and medium-sized enterprises. SMEs, essential to Europe’s green ...
JLL announced today it has agreed to acquire Javelin Capital, a North America-based investment banking firm specializing in renewable energy. The move significantly expands JLL’s capabilities within the U.S. Energy & Infrastructure Capital Markets, complementing ...
ESRS reporting has kicked off strongly in 2025, but early findings from KPMG’s “Real-time ESRS: FAST 50” report highlight significant disparities in how companies approach sustainability reporting. Dr. Jan-Hendrik Gnändiger, KPMG Global Head of ESG ...
For World Water Day, Google released its 2025 Water Stewardship Project Portfolio summary report, highlighting progress and announcing four new global partnerships focused on sustainable agriculture. Chile: Enhancing Water Security in Maipo Basin In central ...
Puro.earth announced the company officially surpassed a monumental milestone, the issuance of over 1 million CO₂ Removal Certificates (CORCs), each representing one tonne of verified carbon dioxide removed from the atmosphere. This landmark achievement reflects ...
Berlin’s CleanTech innovator, C1 Green Chemicals AG, has closed a €20 million financing round to advance its green methanol technology to market—marking a significant milestone in the race to defossilise one of the world’s most ...
Key Takeaways Germany’s Major Climate Investment Move Germany’s parliament has approved a €500 billion infrastructure and defense fund, with €100 billion allocated to climate and energy transition projects. This funding will be directed toward emissions ...
CDP, the global environmental disclosure platform, and EFRAG, Europe’s leader in corporate reporting, released a detailed correspondence mapping today, highlighting significant alignment between CDP’s question bank and the European Sustainability Reporting Standard for climate disclosures ...
China’s Finance Ministry announced Wednesday that it plans to issue its first-ever overseas sovereign green bonds in yuan, totaling up to 6 billion yuan ($829 million), with London chosen as the listing venue. This historic ...
Nordea has signed a multi-year contract with Norwegian firm Inherit Carbon Solutions to capture and permanently store at least 68,000 tonnes of CO2, significantly bolstering its carbon removal strategy. “This agreement is a milestone in ...
The SEC announced a six-month delay for funds to comply with the recently amended Investment Company Act “Names Rule,” which ensures fund investments match their advertised ESG or sustainability strategies. This adjustment aligns compliance with ...
Equinix successfully issued SGD 500 million in green bonds, marking its inaugural entry into Singapore’s bond market and the first such issuance by a U.S. corporate in over five years. The bonds, 3.50% senior notes ...
The Science-Based Targets initiative (SBTi) has released a draft of its updated Corporate Net-Zero Standard, reaffirming a cautious stance on carbon credits while introducing practical measures for faster corporate decarbonization. Despite previous calls to relax ...
Sarasin & Partners, a leading investor co-leading climate negotiations with Equinor, has fully divested its holdings, criticizing the oil major’s failure to align its strategy with the Paris Agreement’s climate goals. Initially viewing Equinor as ...
Upright has introduced the world’s first scalable database offering standardized double materiality assessments for over 50,000 companies. The platform is designed to simplify compliance with the Corporate Sustainability Reporting Directive (CSRD) and enhance investor decision-making. ...
Hong Kong Exchanges and Clearing Limited (HKEX) announced achieving carbon neutrality across its global operations by the end of 2024, marking a key milestone in its climate action strategy. Paul Chow, HKEX Group Chief Sustainability ...
SBM Offshore today announced a global collaboration agreement with Microsoft to develop AI-driven, carbon-free floating power solutions, responding directly to rising global demand for reliable, affordable, and sustainable electricity. The partnership combines SBM Offshore’s extensive ...
8 Rivers has selected global engineering leader Wood to conduct preliminary front-end engineering and design (Pre-FEED) for its Wyoming carbon capture project in partnership with PacifiCorp, targeting a Q3 2025 milestone. The project leverages 8 ...
The Tokyo Metropolitan Government and Gold Standard have signed a Memorandum of Understanding (MoU) to bolster corporate decarbonisation initiatives within Tokyo. Under the agreement, Gold Standard Verified Emission Reductions (GSVERs) will become central to Tokyo’s ...
European Commission President Ursula von der Leyen announced a €4.7 billion Global Gateway investment in South Africa at the EU-South Africa Summit in Cape Town today. This marks the initiation of negotiations for a groundbreaking ...
AIB successfully raised €500 million through its seventh green bond issuance, reaffirming its leadership role in climate finance. This senior non-preferred bond will directly fund projects with distinct environmental benefits such as renewable energy, green ...
FireSat Revolutionizes Wildfire Detection The first satellite of the groundbreaking FireSat constellation has successfully launched, promising to transform wildfire detection and response by leveraging artificial intelligence. Developed through a collaboration between Google Research, Muon Space, ...
Neste Corporation successfully issued a EUR 700 million green bond with a 5-year maturity, carrying a fixed coupon of 3.750% under its updated EMTN programme. The bond is set for listing on Euronext Dublin. RELATED ...
Air Liquide successfully issued a €500 million green bond, reaffirming its commitment to sustainable growth as outlined in its strategic ADVANCE plan. The bond, maturing in March 2035, carries a fixed annual coupon of 3.500%. ...
Terna unveiled its 2025-2034 Development Plan today, committing over €23 billion to transform Italy’s electricity infrastructure, aligning with national and EU decarbonization and energy security targets. The ambitious infrastructure plan, presented by Terna CEO Giuseppina ...
Allianz demonstrated substantial progress on its climate strategy in fiscal year 2024, positioning itself as a benchmark in sustainability reporting and business resilience. The publication of the insurance industry’s first fully CSRD-compliant Annual Report, assured ...
This Week’s Diversity, Equity, and Inclusion (DEI) Headlines – U.S. & Europe | March 15, 2025. DEI policies continue to evolve across corporations in the U.S. and Europe, with some companies reaffirming commitments while others ...
Rio Tinto has partnered with Edify Energy through landmark hybrid services agreements (HSAs) to supply competitively priced, reliable renewable energy for its Gladstone aluminium operations. Under the new agreements, Rio Tinto will secure 90% of ...