Corporations with more than $1 billion in annual revenue would be required to disclose all scopes of their greenhouse gas emissions to the California Secretary of State’s office under a first-of-its-kind bill the state Senate ...
The European Investment Bank (EIB) Group announced that its Board of Directors has approved €3.2 billion of new financing for a series of projects to support climate action, businesses managing the impact of the COVID ...
Following recent news of the purchase of ten electric locomotives from Wabtec, Union Pacific railroad has followed up by purchasing another ten from Progress Rail, a Caterpillar Inc. company. Union Pacific’s combined electric locomotive purchases ...
Copenhagen-based Nordic bank Danske Bank announced a series of new 2030 sector-based emission reduction goals, targeting several carbon-intensive sectors including shipping, energy utilities, and oil and gas exploration and production. Danske Bank stated that it ...
Eni has announced the establishment of a collaboration with Holcim to develop an innovative technology for the use of CO2 in a perspective of circularity and decarbonisation. The technology developed by Eni is based on the ...
Nordic financial services group SEB announced the completion of a new green bond offering, raising €1 billion with proceeds aimed at financing green loans. The bank reported strong demand for the issuance, with a majority of ...
Automotive manufacturer BMW Group announced today an agreement with steel producer Salzgitter to supply low carbon steel for all of BMW’s European plants, starting 2026. The deal marks the BMW’s second agreement to source low ...
Carbon capture and removal startup Verdox announced that it has raised $80 million in committed capital from investors including Bill Gates’ Breakthrough Energy Ventures, Prelude Ventures, and Lowercarbon Capital. The investment will be used to ...
Beauty company Coty announced today that it has started production of the world’s first globally distributed fragrances made using carbon-captured ethanol. Ethanol is Coty’s top fragrance ingredient by volume. Coty’s Chief Scientific Officer Dr. Shimei ...
Omnichannel beauty retailer Ulta Beauty announced today a new commitment to invest $50 million in 2022 to diversity, equity and inclusion (DEI) initiatives encompassing its brands, products, customers and employees. With the new commitment, Ulta ...
Paris-based alternative asset manager Tikehau Capital announced two new leadership appointments for the firm’s decarbonization-focused North American Private Equity Climate Practice, adding Alexander Bell and Cristian Norambuena as Head and Director of the practice, respectively. ...
Global consultancy Bain & Company announced the appointment of François Faelli to the newly created position of Global Managing Partner of ESG. In his new role, Faelli will lead Bain’s ESG efforts, both within the ...
Moody’s ESG Solutions Group announced the appointment of Tobias Lindbergh as Senior Vice President – Sustainable Finance, responsible for heading Moody’s Second Party Opinion business in EMEA & APAC. Moody’s provides SPOs for sustainable finance ...
Jeffrey Cohen was named managing director and head of ESG and corporate sustainability at alternative credit manager Oak Hill Advisors. It is a new position, a spokeswoman said in an email. Mr. Cohen will also join ...
Upon full deployment, Sphere 3D will be one of the largest carbon neutral bitcoin miners in the world. Sphere 3D enters into an agreement to acquire 60,000 next-generation NuMiner bitcoin miners operating at 440 TH/s ...
The Biden administration has made clear its intention to promote the transition to clean energy, setting ambitious goals like carbon neutrality for the power sector by 2035 and for the entire country by 2050. A ...
Billionaire founder of Galaxy Digital blames ‘misinformation’ for environmental concerns Michael Novogratz says Galaxt Digital now derives 80% of its crypto mining from renewable energy © Victor J. Blue/Bloomberg Galaxy Digital Holdings Ltd. (TSX: GLXY) ...