Japan’s Tokyo Gas will cut shareholder returns from the next financial year and use freed up funds to invest in technology to slash its carbon emissions, the company said on Wednesday....
Bell Textron Inc., a Textron Inc. company, announced the Bell 505 completed its first flight fueled solely by 100% Sustainable Aviation Fuel, marking the first-ever single engine helicopter to fly...
Chevron and the Egyptian Ministry of Petroleum and Mineral Resources (MOPMR) have signed a MoU to share best practices and expertise related to the reduction of methane emissions. The MoU,...
Indonesia on Wednesday launched the first phase of mandatory carbon trading for coal power plants, part of efforts by Southeast Asia’s biggest economy to boost renewable energy and achieve net...
The European Investment Bank (EIB) and Joo Group, company that develops and manages rental properties in urban areas in Finland, have signed a new €100 million green loan agreement to...
The U.S. Department of Energy (DOE) announced new investments to secure U.S. leadership in floating offshore wind development by advancing offshore wind transmission planning, research and technology, and partnerships. These...
Sasol has announced that it has established Sasol Ventures to advance Sasol’s decarbonisation and 2050 net zero ambitions through venture capital. It will invest €50 million over the next five...
Cepsa and ACE Terminal have signed a MoU by which the Spanish energy company will supply green ammonia to the planned import terminal in the port of Rotterdam, for end use applications...
New specifications enable companies worldwide to exchange Product Carbon Footprint information, setting a foundation for supply chain decarbonization at scale. The Partnership for Carbon Transparency (PACT), hosted by the World Business Council...
The BMW Group is continuing its efforts to systematically reduce CO2 emissions in the supply chain. A particular focus is on CO2-intensive materials like aluminium, steel and plastics. The BMW Group...
The governments of India, the United Kingdom and the United States joined with business, the World Business Council for Sustainable Development (WBCSD) and multilateral funding organization to launch the first...
The IEA’s Global Methane Tracker shows the oil and gas sector could slash emissions of potent greenhouse gas using only a fraction of its bumper income from the energy crisis....
In an effort to rally businesses and consumers, United launched the United Airlines Ventures Sustainable Flight Fund, a first-of-its-kind investment vehicle designed to support start-ups focused on decarbonizing air travel by...
Brands in the baby care products industry are emphasizing sustainable ingredients and are on course to be the early movers on several environmental, social and governance facets. Organizations are focusing...
The European Investment Bank (EIB) has agreed to provide a €40 million 10-year loan to Motor Oil, cofinancing its new investment to develop an extensive network of EV charging and...
NextEnergy Capital, a global solar specialist in the renewables sector, is delighted to announce the third close of NextPower UK ESG at £595 million. The Fund has exceeded its target...
February 2023 Week-3; EIB approves €5.5 billion for energy, business, transport, health, and cities; DHL launches GoGreen Plus for opportunity to use SAF to reduce emissions; INEOS secures €3.5 billion for...
Brazil’s government on Friday announced the appointment of former Foreign Relations Minister Luiz Alberto Figueiredo as extraordinary ambassador for climate change. His nomination comes as the country’s new government pledges...
Expanding the Carbon Removal Rulebook The Integrity Council for the Voluntary Carbon Market (ICVCM) has approved a new suite of methodologies for engineered carbon dioxide removal (CDR), strengthening governance of...
A Life Devoted to Nature Dr Jane Goodall, the world’s most renowned primatologist and conservationist, died Wednesday at 91 while on a speaking tour in California, the Jane Goodall Institute...
A growing sovereign green bond market The Hong Kong Special Administrative Region has released its Green Bond Report 2025, providing a detailed account of how HK$240 billion (US$31 billion) in...
European businesses call sustainability a competitiveness issue A new survey of more than 2,500 senior executives across France, Germany, Italy, Spain and Poland reveals broad support for binding corporate sustainability...
Asia-Pacific Leaders Advance ESG Integration On the sidelines of UN General Assembly week, the United Nations Global Compact convened senior business leaders from Asia and Oceania for a closed-door Leadership...
Quality over Quantity Defines Luxury’s Next Phase The global luxury sector is navigating slowing demand, shifting consumer expectations, and a changing definition of value. According to the first EY Luxury...
New Capital for Expanding Energy Transition Services Nuveen has acquired a majority interest in Ally Energy Solutions, a U.S. provider of turnkey power and efficiency upgrades for commercial and industrial...
A Strategic Carve-Out in Solar TotalEnergies has sold a 50% stake in a 1.4 gigawatt (GW) solar portfolio across the United States to insurance vehicles and funds managed by KKR,...
Baton Rouge bets on carbon removal ExxonMobil has been selected to transport and permanently store carbon dioxide captured at AtmosClear’s planned biomass energy facility at the Port of Greater Baton...
New Pathways for Automotive Waste Porsche AG, BASF SE and Austrian technology firm BEST Bioenergy and Sustainable Technologies GmbH have completed a pilot project demonstrating the chemical recycling of complex...
A New Benchmark for Corporate Climate Expertise The Science Based Targets initiative (SBTi) has established the world’s first official register of certified experts qualified to guide companies through the complexities...
Oslo steps into global transition capital markets Norges Bank Investment Management (NBIM), manager of Norway’s $1.6 trillion sovereign wealth fund, has committed $1.5 billion to Brookfield Asset Management’s Global Transition...
Jakarta’s Waste Crisis Spurs New Energy Push Indonesia’s sovereign wealth fund, Danantara Indonesia, will roll out at least eight waste-to-energy plants by the end of October as part of a...
Brussels signs off on CBAM reform The Council of the European Union has adopted a regulation simplifying the bloc’s carbon border adjustment mechanism (CBAM), an instrument designed to prevent carbon...
Cyprus Decision Marks Next Phase Meeting in Europe’s most water-scarce country, the European Investment Bank (EIB) Group’s Board has adopted the second phase of its Climate Bank Roadmap, committing to...
Toronto’s first Climate Week is bringing together investors, business leaders, policymakers, and innovators to explore how climate action is reshaping markets and creating new opportunities. With dozens of sessions happening...
Regulatory Uncertainty Meets Investor Demands 2025 is proving to be a pivotal year for corporate sustainability disclosures. Thousands of companies have filed reports under the European Union’s Corporate Sustainability Reporting...
IBM is moving to address one of the persistent bottlenecks in corporate climate reporting: the accuracy and usability of greenhouse gas (GHG) emissions data. The company has introduced the Envizi...
Sarawak bets on hybrid clean power Malaysia’s Sarawak state has secured one of its largest private renewable energy investments with Founder Group Limited and Planet QEOS Sdn. Bhd. committing MYR1.16...
Record Commitments from Berlin Berlin has confirmed it provided €11.8 billion ($13.81 billion) in international climate finance during 2024, a record outlay designed to strengthen developing countries’ ability to respond...