TotalEnergies has launched at its Antwerp refinery (Belgium), a battery farm project for energy storage with a power rating of 25 MW and capacity of 75 MWh, equivalent to the...
Specifically in the EU, Clarity AI finds only 20% of Article 8 funds with the term sustainable, or a derivative thereof, currently plan to make sustainable investments of over 50%...
Two agreements signed today in Rome highlight EIB-IFAD cooperation in low- and middle-income African countries, in line with the EU’s Global Gateway strategy. The European Investment Bank (EIB) and the...
The EIB Group (European Investment Bank and European Investment Fund) and Santander have signed a new synthetic securitization transaction to support the financing of energy efficiency investments in Portugal, including...
Sustainability Goals, Initiatives and Achievements May 2023 Week-2; Funding for US-UAE climate project grows to $13 billion, Australia to invest $1.4 billion for renewable hydrogen, Tesla breaks ground on Texas lithium refinery, Verizon issues...
Drax has agreed a MoU with C-Zero Markets in relation to the sale of carbon dioxide removal credits from Drax’s first US BECCS facility. Drax has agreed a MoU with...
Annual Report Underscores Stakeholders’ Priorities in Sustainability and Safety Union Pacific Railroad released its annual Building America Report, which encompasses the railroad’s progress toward its safety, sustainability, corporate accountability and community engagement...
CBRE Group, Inc. announced that its property management group has formed a global strategic partnership with Deepki that will bring Deepki Ready, one of the world’s most extensive landlord-focused real...
Almost a third (32.4%) of Britain’s electricity was supplied from wind power during the first quarter of 2023, outpacing gas which delivered 31.7%. It is the first-time wind has provided...
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...