Power Sustainable, the alternative asset management arm of Power Corporation of Canada, has raised over $330 million to fund a new private equity strategy focused on decarbonization. The strategy—Power Sustainable Decarbonization Private Equity—targets middle-market companies ...
HUGO BOSS has launched NovaPoly, a proprietary recycled polyester yarn designed to address the fashion industry’s environmental footprint—particularly microplastic pollution. Developed in collaboration with Jiaren Chemical Recycling and NBC LLC, NovaPoly is made from textile ...
Microsoft has more than doubled its carbon removal commitment with Stockholm Exergi, increasing the volume of carbon dioxide to be permanently stored from 3.3 million tons to 5.08 million tons over a 10-year period. The ...
Verra has introduced a groundbreaking methodology to drive the early retirement of coal-fired power plants while ensuring that communities and workers aren’t left behind. The Verified Carbon Standard (VCS) methodology, VM0052: Accelerated Retirement of Coal-Fired ...
Artio, a climate-focused insurer, has become the first company to receive Lloyd’s coverholder approval to underwrite carbon projects at the earliest stage—before implementation begins. This pioneering move enables investment in carbon solutions that have traditionally ...
Trusted by FT 500 Companies and Governments Worldwide CSE Announces its 2025 World Sustainability Leadership Forum at NYC’s One World Trade Center The Center for Sustainability and Excellence (CSE) proudly celebrates 20 years of global ...
State Street Global Advisors (SSGA), which oversees €4.1 trillion in assets, has named Hannah Shoesmith as Managing Director and Head of Sustainability Stewardship to lead its latest ESG initiative—a newly launched opt-in sustainability-focused stewardship service ...
A coalition of 30 institutional investors representing $1.6 trillion in assets has publicly urged HSBC to recommit to its net zero climate goals, following what they describe as “deeply concerning signals” from the bank that ...
Inter IKEA Group has officially appointed Lena Julle as its Chief Sustainability Officer, effective 1 May 2025, reinforcing its commitment to net-zero emissions and circular business transformation. Julle, a 30-year IKEA veteran, previously led sustainability ...
Macquarie Asset Management (MAM) has acquired the remaining 50% stake in Island Green Power, securing full ownership of the UK-based renewable energy developer through its managed funds. The move deepens Macquarie’s long-term investment in UK ...
Blue Yonder has acquired the business of Pledge Earth Technologies, a UK-based climate tech firm, to integrate precise and accredited carbon emissions reporting into its end-to-end supply chain platform. Founded in 2021, Pledge developed a ...
The Forest Stewardship Council (FSC) and Mirova, a sustainable investment arm of Natixis Investment Managers, have signed a strategic Memorandum of Understanding (MoU) to channel responsible finance into sustainable forestry and land-use projects. The partnership ...
With over 50% of global GDP at risk from the ongoing decline of the natural world, Google is accelerating action by supporting high-impact startups using AI to restore, protect, and conserve ecosystems. The company’s newly ...
Masdar, the UAE’s clean energy leader, has officially completed its acquisition of Greece’s largest renewables company, TERNA ENERGY, and finalized its delisting from the Athens Stock Exchange. This move underscores Masdar’s intent to fast-track clean ...
Ara Partners has closed its inaugural infrastructure fund, raising over $800 million, surpassing its $500 million target. The capital supports its Ara Infrastructure strategy, aimed at transforming the industrial economy through decarbonized infrastructure investments. The ...
S&P Global Commodity Insights has expanded its coverage of alternative marine fuels with the launch of low-carbon methanol marine fuel price assessments for Shanghai and Rotterdam, effective May 2. These assessments aim to support the ...
BBVA mobilized approximately €29 billion for sustainable business initiatives in Q1 2025, reflecting a 55% year-over-year increase as the bank accelerates its ESG strategy. This surge supports BBVA’s new, more ambitious goal of channeling €700 ...
Microsoft is reshaping how the cloud industry evaluates sustainability by publishing the first comprehensive life cycle assessment (LCA) of datacenter cooling methods in Nature. The study goes beyond operational metrics to quantify the total environmental ...
The UK’s Financial Conduct Authority (FCA) has paused its plan to broaden its Sustainability Disclosure Requirements (SDR) and sustainable investment labelling regime to include portfolio managers. This decision comes despite “broad support” from industry stakeholders. ...
The Bank of England has issued new proposals to reinforce its climate-related supervisory expectations for banks and insurers, citing patchy progress and immature risk frameworks since its 2019 guidance. The updates are laid out in ...