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Funding from President Biden’s Investing in America Agenda Will Transform Carbon Pollution into Useful Products, Curbing Greenhouse Gas Emissions and Maximizing Public Health The U.S. Department of Energy (DOE) announced...
VARO Energy announces it has successfully completed a $3.33 billion financing, comprising a $1.13 billion loan and a $2.2 billion Borrowing Base Facility. The issuance results in the upsizing of...
Allianz Capital Partners, on behalf of Allianz insurance companies, has signed an agreement to acquire a minority stake in the Norwegian project developer Fuella AS. The Company is an independent developer of...
In just five months, the United Airlines Ventures Sustainable Flight Fund SM increased in size to nearly $200 million and welcomes American Express Global Business Travel, Aramco Ventures, Aviation Capital Group, Bank of America, Boston Consulting...
Iberdrola has reinforced its liquidity position with a new 500 million euros green loan granted by Citi, and partly guaranteed by the Norwegian Export Credit Agency. The transaction represents the first...
IBM launched a new tool to help enterprises track greenhouse gas emissions across cloud services and advance their sustainability performance throughout their hybrid, multicloud journeys. Now generally available, the IBM...
The Home Depot released its 2023 ESG Report. The report provides details on the company’s progress on its ESG pillars: Focus on our People, Operate Sustainably and Strengthen our Communities. This...
PepsiCo and Walmart announced a 7-year collaboration to pursue $120 million worth of investments focused on supporting U.S. and Canadian farmers in their pursuit to improve soil health and water quality. By establishing...
RMI and UID establish Happy Energy Action Leadership Program to deliver on Indonesia’s Just Energy Transition Commitments. United in Diversity (UID) and RMI signed a memorandum of understanding, formalizing a...
July 2023 Week-3: EPA launches $20 billion ‘climate bank’ programs; EverWind to invest $1 billion in Nova Scotia renewable energy; Masdar launches $750 million green bond; AXA commits $49 million for Brazilian Amazon Rainforest...
Hess Corporation announced publication of its annual sustainability report, which provides a comprehensive review of the company’s strategy and performance on ESG programs and initiatives. “In keeping with our company’s...
ESG Book, a global leader in sustainability data and technology, released new analysis showing that financially material, industry-relevant ESG disclosure levels remain low, despite a widespread increase in overall sustainability...
A landmark new investment by IFC is aiming to boost access to finance for Türkiye’s SMEs–with a focus on women-owned smaller businesses and those helping the country adapt to climate...
The European Commission has approved, under EU State aid rules, a €850 million French measure to support ArcelorMittal France in partially decarbonising its steel production processes. The measure will contribute to...
NYGB’s First Purely Energy Storage Transaction is Backed by NineDot’s Grid Interconnection Portfolio NineDot Energy, a leading developer of community-scale clean energy projects, announced the closing of a new $25...
Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. There was exceptionally strong appetite from regional and international investors with...
During their first two years, the EU Missions in Horizon Europe have supported the Commission’s work on the European Green Deal, making Europe fit for the Digital Age, and Europe’s Beating Cancer Plan. Since their inception, EU Missions...
Impala and Exor will partner through a new joint holding company, TagHolding, which will become TagEnergy’s largest single shareholder Impala, the investment firm controlled by Jacques Veyrat and his family,...
Hydro Rein and GreenGo Energy are expanding on their existing partnership to develop two new early phase solar projects in Denmark, with a combined capacity of 410 MW. The two...
The World Economic Forum announced during the G20 Energy Ministers’ meeting the launch of India’s first zero-emission road freight cluster initiative in an effort to reduce the country’s greenhouse gas...
Climate Fund Managers (CFM), a leading climate-centric blended finance fund manager and manager of renewable energy focused blended fund, Climate Investor One, announced that CI1 achieved commercial close of a $102...
ING and the European Investment Bank have strengthened their long-term partnership by making over €600 million available for new loans and leases to small and medium-sized enterprises in the Netherlands,...
U.S. Secretary of Energy Jennifer M. Granholm and Indian Minister of Petroleum and Natural Gas Hardeep Singh Puri held the third ministerial meeting of the U.S.-India Strategic Clean Energy Partnership,...
Following on from the major financial partnership signed in 2019 to support the transition to a sustainable economy via green vehicle development, the European Investment Bank (EIB) and ALD | LeasePlan, the...
The EU and Uruguay have decided to step up their cooperation in pursuing the clean energy transition. At the EU-CELAC Summit in Brussels, Commissioner for Energy Kadri Simson and Uruguay’s Minister for...
ADNOC, announced that it has begun construction on the Middle East’s first high-speed hydrogen refueling station. The station, which is being built in Masdar City by ADNOC, will create clean...
New investment in human capital ensures Barclays is providing innovative solutions for clients to achieve net zero Barclays is pleased to announce the appointment of three new senior hires in...
AXA IM Alts, a global leader in alternative investments with over €185 billion of assets under management, announces a USD $49 million commitment, on behalf of its AXA IM Alts’...
Albuquerque, Atlanta, Chicago, Los Angeles, and Wilmington Nonprofits Receive Inaugural Funding The Bezos Earth Fund announced a $400 million commitment to enhance green spaces in underserved urban U.S. communities with...
Newly-built wind farms will produce renewable electricity to power EverWind’s green hydrogen and ammonia production, securing Nova Scotia’s green fuels leadership EverWind Fuels, Canada’s most advanced large-scale green hydrogen project,...
IBM (NYSE: IBM) today announced that Digital Realty (NYSE: DLR) is using the IBM Envizi ESG Suite to collect, analyze and report on its environmental, social and governance (ESG) performance across its portfolio of 300+ data...
During the EU-CELAC Summit of Heads of State and Government, the European Investment Bank (EIB) announced the signature of its first ever residential mortgage-based loan to finance access to energy efficient...
Addressing the urgent need for climate infrastructure investment Export finance delivers long-term debt financing guaranteed by official export credit agencies. Export finance allows project sponsors to significantly reduce the cost...
Securian Financial named a new leader for one of its divisions and announced the hiring of two seasoned professionals for key positions. Pete Berlute now leads Securian Financial’s Affinity Solutions...
A targeted IFC investment aims to increase access to residential mortgages in Romania while helping mitigate climate change and strengthen the country’s banking sector. IFC is providing EUR 100 million...
In partnership with The LEE Initiative and Southern Restaurants for Racial Justice, HEINZ Black Kitchen Initiative grants help foster long-term business success As a brand that’s been on tables for...
At the EU-CELAC Summit in Brussels the EU and Argentina have taken a further step in their energy cooperation with the signature of a MoU. Signed by European Commission President...
The European Investment Bank (EIB), the world’s largest multilateral public bank, and Banco Santander (Brasil), the largest foreign bank in Brazil, have signed an agreement to foster the use of...
ALLO is poised to build on its remarkable track record of growth and innovation, securing sustainable financing by deploying the end-to-end Calix broadband platform to reduce network power consumption 73...
EPA seeking applications to two Greenhouse Gas Reduction Fund competitions to advance clean technology projects in communities across the country The U.S. Environmental Protection Agency (EPA) launched two Notices of...
July 2023 Week-2: Copenhagen Infrastructure Partners secures $6 billion from renewable energy fund; Canada announces $450 million for UN Green Climate Fund; USDA commits $300 million to measuring farm emissions; Apple helps accelerate clean...
The Coca‑Cola Company made headlines in early 2022 with the announcement of a new goal supporting its World Without Waste global sustainable packaging strategy: By 2030, 25% of its global product volume...
Emburse, the global leader in spend optimization, releases the findings of its latest research on attitudes towards sustainability among British business travelers. The Censuswide survey of 1,003 employees and 254...
American Airlines issued its 2022 Sustainability Report, providing updates on the company’s strategy and progress on key issues over the year. The report affirms American’s focus on the sustainability issues most...
On July 14, 2023, Banle Energy International Limited, a subsidiary of CBL International Limited (NASDAQ: BANL) (the “Company”), partnering with ASB Biodiesel (Hong Kong) Limited and Seven Seas Oil (Hong...
The EU Commission is awarding over €3.6 billion to 41 large-scale clean tech projects, to be financed through the EU Innovation Fund. With a focus on the REPowerEU Plan and phasing out Europe’s...
During the European Union-Community of Latin American and Caribbean States (CELAC) Summit of Heads of State and Government, the European Investment Bank (EIB) will announce the signature of several loans to...
Bond Supports Social & Environmental Projects in New England & New York Berkshire Hills Bancorp, Inc. has announced that proceeds from its inaugural sustainability bond have been allocated to projects resulting...
BNY Mellon’s commitment will support Lafayette Square’s mandate to invest in low-to-moderate income (LMI) areas. BNY Mellon has announced it is investing $10 million with Lafayette Square, an investment firm...
Two new pieces of research show that solar and wind are growing faster than expected: Rapid growth in solar, wind and battery deployment means that by 2030 the global electricity...
Agriculture Secretary Tom Vilsack announced the U.S. Department of Agriculture (USDA) will invest $300 million through President Biden’s Investing in America agenda to improve measurement, monitoring, reporting and verification of...
Apple joined Acumen in a new effort to support social enterprises in India to improve livelihoods through clean energy innovation. Through the Energy for Livelihoods Accelerator, Acumen experts will lead a...
$137.7 Million Fund to Focus on Key Investments in Packaging, Decarbonization and Other Initiatives with the Potential to Reduce the Coca-Cola System’s Carbon Footprint The Coca-Cola Company and eight bottling...
Ahead of the seventh Ministerial on Climate Action, the Honourable Steven Guilbeault, Minister of Environment and Climate Change, on behalf of the Honourable Harjit S. Sajjan, Minister of International Development and...
Transformational plan projects $2.5 billion in reduced future costs to customers while building enough Michigan-made renewables to power ~4 million homes DTE Energy announced a historic settlement agreement with nearly two...
The Volkswagen Group and its Elli brand became the first automotive company to start trading on the German electricity market of Europe’s largest power exchange, EPEX Spot. The basis for...
Amelia DeLuca will return to Delta’s Global Sustainability team as Chief Sustainability Officer, leading the airline on its journey to reach net-zero emissions by 2050 and deliver a more sustainable...
Iberdrola, one of the world’s largest renewable energy companies, and Vodafone, the largest pan-European and African telecoms company, have signed new clean PPA in Spain and Portugal, adding to a recent agreement...
But momentum in solar, EVs and heat pumps needs to expand quickly across more countries and to other parts of the energy system to move the world closer to net...
Company provides its path to net zero, outlining goal to reduce emissions across full value chain Lowe’s 2022 Corporate Responsibility Report details the company’s advancements in product sustainability, operational excellence and community...
LeapFrog Investments, the Profit with Purpose firm, plans to commit US$500m to companies combating climate change in Africa and Asia, providing green tools and technologies to 50 million low-income people....
Over the past five years, season after season, Levi’s has introduced new products that meld innovative design thinking with an overriding commitment to sustainability. Now, in conjunction with the 150th...
Iberdrola and the Business Association for the Development and Promotion of Electric Mobility (AEDIVE) have signed an agreement to create an alliance for the electrification of heavy road transport in Spain....
Eni presented a document titled “The route to net zero. Decarbonizing the maritime sector” in collaboration with Assarmatori and Confitarma as well as three of the largest companies in the...
Atlas Corp. (“Atlas” or the “Company”) is pleased to announce the publication of its 2022 Sustainability Report, its third annual report. The comprehensive document shines a spotlight on the year-long...
MEPs approved new rules on more alternative fuel stations for cars and trucks, simple and easy recharging, and on cleaner maritime fuels. The new rules are part of the “Fit for...
The EU Parliament has adopted its position for negotiations with Council on rules to reduce pollution and steer large agro-industrial installations in the green transition. The European Parliament’s position on...
RMI, founded as Rocky Mountain Institute, has appointed Ije Ikoku Okeke as a managing director, Catalytic Climate Capital. In this role she will lead RMI’s efforts to mobilize, scale up,...
Final rule will implement 40% reduction starting in 2024 while advancing U.S. manufacturing and innovation The U.S. Environmental Protection Agency (EPA) announced the latest action to phase down the use...
Netherlands-based provider of autonomous charging solutions for electric transport Rocsys BV has signed a €18 million quasi-equity deal with the European Investment Bank (EIB). The agreement will provide Rocsys with financing...
State Street Corporation announced that it has appointed Executive Vice President Jessica Donohue as head of Global Investment Insights, Sustainability and Impact. Donohue succeeds Rick Lacaille who announced his retirement...
MEPs approved plans, already agreed with Council, that set new energy saving targets for 2030, as part of the European Green Deal. The law will set energy-saving targets in both primary and final energy...
The Asian Development Bank (ADB) and Energy Market Authority (EMA) of Singapore have signed a MOU that paves the way for the development of renewable energy generation and transmission across...
Selected Projects will Help Local Communities Accelerate Deployment of Carbon Management Technology to Capture and Permanently Store Carbon Dioxide Emissions from Industrial and Power Facilities The U.S. Department of Energy...
Global ammonia trade expected to increase ten-fold as demand for low-carbon ammonia used for shipping fuel and power generation transforms market The global market for ammonia is poised to triple...
Without a single sales contract in hand, Dutch fertilizer company OCI is building a $1 billion plant in Texas to produce ammonia with low greenhouse gas emissions, a gamble requiring heavy...
Travel + Leisure Co., the world’s leading membership and leisure travel company, announced that Jon G. Muñoz joined the company in the role of Senior Vice President, Environmental, Social, and...
ShapeShift has joined forces with Mercle to introduce free, upgradable and gasless FOX avatar NFTs on Polygon. Released in conjunction with ShapeShift’s integration of the Polygon chain, users can seamlessly...
Schroders is announcing the UK onshoring of the Global Sustainable Food and Water Fund. Initially launched in October 2021, this latest move looks to increase the level of accessibility to...
Volkswagen Group will continue to drive forward the strategic realignment of the charging and energy business with the new Head of Charging and Energy, Giovanni Palazzo. Palazzo has been responsible...
The joint venture between Plenitude and CDP Equity continues to expand through new plants with a total capacity of up to 200 MW. The photovoltaic farms are set to be...
The European Commission has approved, under EU State aid rules, the modification of a Dutch scheme to reduce greenhouse gas emissions. The scheme will further contribute to achieving the Netherlands’...
Key takeaways Why this mattersFor more than a decade, the “Deloitte Global Chief Procurement Officer (CPO) Survey” has served as an industry benchmark, revealing insights into the forces shaping procurement,...
On June 30, 2023, Copenhagen Infrastructure Partners (CIP) reached first close on its fifth flagship fund Copenhagen Infrastructure V (CI V) at EUR 5.6 billion in capital commitments received –...
July 2023 Week-1: Amazon rolls out EV vans as part of €1 billion European electrification strategy; UN Chief urges net zero emissions by 2050; UN’s IMO adopts strategy to reduce GHG emissions from...
“Our Best Today, Better Tomorrow” GUESS released its FY 2022-2023 ESG Report, “Our Best Today, Better Tomorrow,” highlighting 9 years of meaningful reporting progress and its sustainability commitments for the...
Revisions to EPA’s Greenhouse Gas Reporting Program required by President Biden’s Inflation Reduction Act would improve accuracy of the sector’s reported methane emissions, one of the major drivers of climate...
Member States of the International Maritime Organization (IMO), meeting at the Marine Environment Protection Committee (MEPC 80), have adopted the 2023 IMO Strategy on Reduction of GHG Emissions from Ships,...
As Singapore’s energy transition gains momentum, the clean energy industry is poised to experience significant workforce growth over the next decade. Results from the Energy Market Authority’s (EMA) Energy Sector...
Duke Energy customers in Northern Kentucky are benefiting from additional clean, renewable solar energy as a result of a new utility-scale rooftop solar project now generating power for area homes and businesses....
The new Clean Truck Partnership agreement offers flexibility to address public health of Californians and the needs of fleet manufacturers that build the technology required for the transition to zero-emissions...
DHL Express, the world’s leading international express service provider, has onboarded new customer, Linklaters, on its GoGreen Plus service to reduce carbon emissions for its time-definite international shipments through the...
Selected Hispanic-owned companies will participate in a six-month business mentoring program and receive a $20,000 grant to accelerate business growth and transform product offerings; One finalist to receive $100,000 at the end of the...
The EU Commission is proposing rules to make producers responsible for the full lifecycle of textile products and to support the sustainable management of textile waste across the EU. This initiative will accelerate the...
PUMA has signed up for the Deforestation-Free Call to Action for Leather, launched by global non-profits Textile Exchange and Leather Working Group, which aims to create equitable, transparent, and deforestation-free leather...
The ten-year bond issue, supported by strong demand, demonstrates the strong support and confidence investors have in the company. See related article: Iberdrola Introduces Global Green Employment, the Largest Platform...
bp expanded its investment in bioenergy as bp ventures committed $10 million, leading the Series B investment round, in WasteFuel, a California-based biofuels company that will use proven, scalable technologies...
SmartestEnergy Australia has signed a 8-year agreement with Woolworths Group to supply electricity to its entire operations in New South Wales and the Australian Capital Territory. The agreement will enable a transition to...
Demand-Side Initiative Will Help Advance Clean Hydrogen Hubs and Support President Biden’s Investing in America Agenda for Building a Clean Energy Economy and Creating Good-Paying Jobs As part of Bidenomics and President...
The Swedish car manufacturer Volvo Cars cooperates with, among others, Maersk to reduce its global greenhouse gas footprint from seaborne logistics. For its decarbonisation product ECO Delivery Ocean, Maersk substitutes...
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