BlackRock CEO Larry Fink and Roche vice chairman André Hoffmann have been appointed interim co-chairs of the World Economic Forum (WEF) as the institution enters a critical period of transition. The appointments follow an independent ...
Montana Busch built his solar company on the promise of steady incentives and rising demand. This summer, that promise is colliding with political reality. Busch, who founded Alternative Energy Southeast as a teenager in 2007, ...
Eni has signed an agreement to sell a 49.99% stake in its carbon capture, utilization and storage subsidiary, Eni CCUS Holding, to Global Infrastructure Partners (GIP), the infrastructure arm of BlackRock. The transaction gives GIP ...
LG Electronics is advancing its sustainability agenda with new eco-conscious manufacturing for its commercial 4-way system air conditioners. The company has introduced a novel material and production method that reduces both plastic consumption and carbon ...
The Science Based Targets initiative (SBTi) is calling on automakers and auto parts manufacturers to join the pilot testing of its draft Automotive Sector Net-Zero Standard—a sector-specific framework to help drive greenhouse gas reductions across ...
The Philippines is preparing to introduce a Carbon Credit Policy for its energy sector, a move the Department of Energy (DOE) says will help the country access growing carbon markets while accelerating the shift to ...
Marsh has placed a carbon credit insurance policy for Chestnut Carbon, a New York-based developer of nature-based carbon removal projects, helping secure a landmark $210 million non-recourse project finance facility led by J.P. Morgan. The ...
In a decision with far-reaching implications for corporate climate accountability, a federal judge this week ruled that California’s groundbreaking climate disclosure laws—SB 253 (emissions reporting) and SB 261 (climate-related financial risk)—will remain in force. The ...
Iberdrola has renewed its collaboration with the UN Global Compact in Spain, taking part in the third edition of the Sustainable Suppliers Training Programme. This year, the initiative will provide sustainability training to more than ...
Asia Pacific & Japan hyperscale data centre specialist AirTrunk has secured a record S$2.25 (US $1.65) billion green loan in Singapore to fund the development of its new Loyang-based facility, AirTrunk SGP2. The financing marks ...
The Asian Infrastructure Investment Bank (AIIB) has released its inaugural Sustainability Report, marking a significant step in aligning with emerging global standards for climate-related financial reporting. The 2024 report applies the International Sustainability Standards Board ...
ERM has partnered with Nippon Life Insurance Company to design the “Nippon Life Nature Finance Approach,” a framework that embeds biodiversity and ecosystem thresholds into financial decision-making. The initiative seeks to channel investment toward companies ...
UN Global Compact Network USA, the American chapter of the UN’s global corporate sustainability initiative, has elected Shobha Meera as treasurer of its Board of Directors. Meera, chief corporate responsibility officer at Capgemini, will guide ...
Assent Inc. has introduced a new EU Deforestation Regulation (EUDR) solution aimed at helping manufacturers meet the bloc’s looming compliance deadline. The regulation, which takes effect December 30, 2025, requires companies to prove that products ...
Masdar has detailed how it deployed more than US$1.685 billion from its 2023 and 2024 green bond issuances into clean energy projects worldwide, according to its newly released 2024 Green Finance Report. The proceeds were ...
From billion-dollar climate finance deals to wildfire emergencies, this week’s ‘Week in Review’ shows just how high the stakes are for sustainability. Qatar stepped into the green bond market for the first time, Nuveen raised ...
By: Professor Ioannis Ioannou Each September, Climate Week NYC gathers leaders from across business, finance, government, and civil society. These events often promise bold declarations, new initiatives, and high-level visibility. But this year, something else ...
A new Forest 500 report by nonprofit Global Canopy reveals that in 2024, the 150 financial institutions with the greatest exposure to deforestation risk collectively financed US$8.9 trillion to companies in the so-called “deforestation economy.” ...
Achmea Investment Management has launched the Achmea IM PE Partnership Fund – Healthy People & Planet 2025, a private equity impact fund aimed at delivering both competitive returns and measurable social and environmental benefits. The ...