Powerful combination of technology and services will enable decisive sustainability action for customers globally IFS, the leading technology provider of cloud and industrial AI software, and professional services firm PwC,...
Clean Energy Ventures (CEV), a leading global venture capital firm funding early-stage climate innovations, today announced the closing of an oversubscribed second flagship fund with total capital commitments of $305 million. In...
EPA’s Clean School Bus Rebate Program to fund over 3,400 new clean school buses in approximately 530 districts across the nation The Biden-Harris Administration announced the recipients of the U.S....
Singapore published an Environmental Crimes Money Laundering (ML) National Risk Assessment (NRA) which identifies the key threats and vulnerabilities in environmental crimes ML that Singapore is exposed to, and outlines...
Energy Capital Partners (ECP), a leading private equity firm, along with a group of co-investors, has entered into a definitive agreement to acquire Atlantica Sustainable Infrastructure plc in a transaction...
The SBTi releases revisions and new resources to enable financial institutions to set ambitious near-term emission reduction targets. The Science Based Targets initiative (SBTi) is unveiling a suite of revisions...
Eurazeo, a leading global investment company, has announced the launch of a new impact buyout fund dedicated to addressing planetary boundaries. The fund targets raising €750 million, focusing on investments...
The EU and Australia signed a Memorandum of Understanding (MoU) for a bilateral partnership to cooperate on sustainable critical and strategic minerals. The MoU was signed on behalf of the EU by...
Cloover, a Berlin-based startup, has secured a remarkable $114 million seed round to fuel the growth of its operating system for the renewable energy industry. The company connects all relevant...
The European Commission has approved, under EU State aid rules, a fourth Important Project of Common European Interest (‘IPCEI’) to support research, innovation and the first industrial deployment in the...
In a significant move to bolster the credibility of the carbon offset market, the Biden administration has unveiled a new policy designed to enhance transparency and integrity in carbon credit...
The ongoing transformation and decarbonisation of the building materials sector requires investments. To fund these investments, Heidelberg Materials announced the introduction of a Green Finance Framework which is aligned with...
Start-ups tackling some of the world’s biggest sustainability challenges have the chance to supercharge their business and pilot their technology with Amazon, as part of the third edition of the...
The Council has adopted a regulation on establishing a framework of measures for strengthening Europe’s net-zero technology manufacturing ecosystem, better known as the ‘net-zero industry act’. This is the last...
Google announced two new solar power purchase agreements (PPAs) in Japan, marking its first foray into the country’s renewable energy market. These agreements will add a combined 60 megawatts (MW)...
Global law firm White & Case LLP advised VERBUND AG on its €500 million green bonds issuance including biodiversity with a seven-year term and a fixed coupon of 3.250%. VERBUND...
The IFRS Foundation releases Jurisdictional Guide at IOSCO Annual Meeting to support regulators Jurisdictions representing over half the global economy by gross domestic product (GDP) have announced steps to use...
HSBC UK has launched a new Carbon Insights tool in its award-winning mobile app, HSBC Kinetic , designed for small business owners. This new feature enables HSBC Kinetic customers to view the...
In collaboration with the Team EV of DHL Customer Solutions & Innovation, the center leverages the combined warehousing and freight management of DHL Global Forwarding, including both ocean and air...
Air Liquide has successfully issued a new 500 million euros green bond, in line with its ambition to combine growth and sustainable development. The Group intends to use the proceeds...
The Council adopted a regulation on tracking and reducing methane emissions. It is part of the ‘Fit for 55’ package. The regulation introduces new requirements on measuring, reporting and verifying...
The European Union has taken a significant step towards its green transition goals with the final approval of the Ecodesign Regulation by the Council. This regulation aims to enhance the...
RWE, one of the leading renewable energy companies in the U.S. and worldwide, has signed two 15-year Power Purchase Agreements (PPAs) with Microsoft Corporation. Under the PPAs, Microsoft will purchase...
The professional solutions firm commits to reach net-zero carbon emissions by 2040. APTIM announced its commitment to The Climate Pledge, demonstrating its ambitious pursuit to mitigate and adapt to climate change’s...
Ørsted, a leading U.S. clean energy developer, announced an investment from J.P. Morgan for $680 million in tax equity financing for a portfolio of solar and storage assets in Texas and Arizona. The project portfolio...
The Council has formally adopted the corporate sustainability due diligence directive. This is the last step in the decision-making procedure. The directive adopted today introduces obligations for large companies regarding...
In response to market demand, the two organisations will work together to optimise how GRI and ISSB Standards can be used together. The IFRS Foundation and the Global Reporting Initiative...
The UK Emissions Trading Scheme Authority has published a package of consultations on expanding the UK Emissions Trading Scheme, to further limit carbon emissions. The UK Emissions Trading Scheme (ETS)...
Fashion frontrunners set the pace on the road to a circular economy Some of the world’s leading fashion brands are exploring ways to make money without making new clothes as...
Climeworks, the global leader in carbon removal via direct air capture technology, successfully achieved third-party certification of its carbon removal activities under the Puro Standard – a first in the...
Welcome back to the ESG News Week In Review! To get ESG News’s full ‘ESG News Week In Review’ and ESG News Daily email newsletter, subscribe here. ESG NEWS SMART READ OF THE...
As the world’s largest trading bloc, the EU uses its considerablepurchasing power to meet its ambitious sustainability goals. In doing so, the EU’s new rules will reach well beyond its...
Key Impact Points: Capgemini and Schneider Electric have joined forces to introduce a groundbreaking initiative aimed at helping businesses achieve optimal energy use. The collaboration focuses on deploying an advanced...
Dr. Syafrina is an international sustainability expert with a proven track record of formulating, implementing and driving impactful sustainability strategies and communications, training programs, outreach initiatives as well as commercial...
Key Impact Points: A recent Bloomberg Law survey highlights that a significant majority of attorneys doubt the SEC’s new climate disclosure rule will survive intact. The rule, which mandates detailed...
Key Points: Circtec, a trailblazer in sustainable end-of-life tyre recycling, has secured a substantial $150 million in financing. This initiative is backed by prominent investors Novo Holdings and A.P. Moller...
Companies’ top reason for pursuing a sustainability strategy is the opportunity for value creation. The biggest hurdle? The high level of investment that’s needed. The potential for creating value is...
What’s happening: Why it matters: Many companies struggle to invest in offsetting, because it’s hard to navigate this complicated market and make financially sound decisions. Enterprises that spend millions on...
Key Impact Points: Qatar has successfully raised $2.5 billion through its first-ever green bond issuance, marking a significant milestone in the Gulf state’s financial landscape. The bonds are split into...
280 Earth, Inc. announced that it has completed construction and started operating a direct air capture (“DAC”) facility to remove carbon dioxide (CO2) directly from the atmosphere, mitigating climate change....
Infor®, the industry cloud company, today announced the launch of Infor GenAI and ESG Reporting, to help customers improve productivity and report on their environmental footprint. Infor’s modern solutions, from...
Responding to growing climate disclosure needs, a recent update to the IBM® Envizi™ ESG Suite empowers businesses to effectively manage their path towards emissions reduction targets. Announced on May 21st,...
New partner and senior advisors complete climate leadership team, following Temasek commitment and EIB Support LeapFrog Investments (“LeapFrog”), the profit with purpose investment firm, has appointed Souleymane Ba as Partner and...
Diageo has announced plans to invest over €100 million to decarbonise its historic St. James’s Gate site in Dublin 8, where Guinness has been brewed for 264 years. The investment...
FC FUTURES is EA SPORTS FC’s global initiative to grow the game for all. Electronic Arts Inc. announces that their EA SPORTS FC FUTURES initiative has opened up grassroots football...
ArcelorMittal and partners Mitsubishi Heavy Industries, Ltd. (MHI), BHP, along with Mitsubishi Development Pty Ltd (Mitsubishi Development) have successfully started operating a pilot carbon capture unit on the blast furnace...
Largest single private-sector digital investment in Kenya’s history will support economic development across East Africa Microsoft Corp. and G42 on Wednesday announced a comprehensive package of digital investments in Kenya,...