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The European Banking Authority (EBA) has launched a consultation on its draft Guidelines on Environmental, Social, and Governance (ESG) scenario analysis. The guidelines aim to guide institutions in adopting forward-looking...
Schneider Electric has announced its partnership with the Partnership for Carbon Accounting Financials (PCAF) as the first global sustainability consultancy to join PCAF’s Accredited Partnership Program, effective January 1, 2025....
JLL has announced the launch of its Energy Advisory and Sustainability practice to expand its sustainability offerings. Led by clean energy expert Josephine Tucker, this new team provides energy-focused services...
Italy, Albania, and the United Arab Emirates (UAE) have signed a groundbreaking €1 billion ($1 billion) agreement to construct a subsea energy interconnection across the Adriatic Sea. This project will...
The Clean Energy Finance Corporation (CEFC) has announced a $100 million investment in a pioneering build-to-rent (BTR) strategy led by AXA IM Alts. This initiative integrates clean energy technologies to...
Decarbonizing Canada’s electricity grids offers an unparalleled opportunity to cut emissions and spur economic growth, according to RBC Climate Action Institute’s latest report, Climate Action 2025: A Year for Rewiring....
Mars, Incorporated, the global maker of brands like Pedigree, M&M’s, and Ben’s Original, announced the appointment of Alastair Child as Chief Sustainability Officer, effective February 3, 2025. Alastair, currently Vice...
GuocoLand, a prominent real estate developer, has secured two green loans totaling S$1.24 billion ($908 million) from Singapore-based lenders DBS and Oversea-Chinese Banking Corp (OCBC), according to a statement released...
The U.S. Department of Transportation’s Federal Highway Administration (FHWA) has announced $635 million in grants to expand zero-emission electric vehicle (EV) charging and hydrogen refueling infrastructure. This funding, made possible...
The International Finance Corporation (IFC), a member of the World Bank Group, has issued its largest-ever social bond—a $2 billion, three-year bond aimed at supporting low-income communities in emerging markets....
Big names unite for climate action. ALDI, Avantor, and McCain Foods have joined the Supplier Leadership on Climate Transition (Supplier LOCT), a Guidehouse initiative aimed at reducing Scope 3 carbon...
The Philippines has partnered with UAE’s Masdar, signing a $15 billion deal to develop renewable energy projects, including solar, wind, and battery energy storage systems (BESS), with a capacity of...
Google dives into India’s carbon removal sector Google has partnered with Indian supplier Varaha to buy 100,000 tons of carbon credits through 2030. The credits come from biochar, a charcoal-like...
The European Investment Bank (EIB) and Societe Generale have announced an unprecedented collaboration to unlock €8 billion in investment for Europe’s wind industry. Central to this initiative is a €500...
SGS, a global leader in testing, inspection, and certification, has launched its Nature services, forming a pivotal pillar within its recently introduced sustainability suite, IMPACT NOW. This expansion focuses on...
Amazon has announced its largest-ever purchase of electric heavy goods vehicles (eHGVs), ordering over 200 eActros 600 trucks from Mercedes-Benz Trucks. These vehicles will join Amazon’s existing eHGV fleet later...
Ingka Group’s Ambitious Recycling Investment Ingka Investments, the financial arm of Ingka Group and the largest IKEA retailer, plans to invest €1 billion in recycling infrastructure. This initiative aims to...
IBM and L’Oréal have teamed up to create an industry-first AI foundation model designed to revolutionize cosmetic formulation. The collaboration aims to integrate sustainability into every product line by leveraging...
Gigablue, a leader in affordable carbon dioxide removal (CDR) technologies, has signed a landmark agreement with SkiesFifty to remove 200,000 tons of CO2 over the next four years. This agreement...
New York is making its largest-ever climate investment. Governor Kathy Hochul announced a $1 billion plan designed to combat climate change, create thousands of jobs, reduce energy costs, and lower...
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