Climate Week NYC, an annual gathering of climate leaders, is now taking center stage over the United Nations Climate Change Conference (COP). The event, running through Sunday in Manhattan, has...
Amazon has introduced its new recyclable, lightweight paper envelopes in the UK, part of its ongoing commitment to reducing packaging waste. Developed in collaboration with Mondi, a packaging industry leader,...
Brookfield Asset Management has secured $2.4 billion in the initial closing of the Catalytic Transition Fund (CTF), moving closer to its goal of raising $5 billion. The fund is aimed...
Bloomberg has announced significant upgrades to its climate solutions suite, aimed at helping investors evaluate companies’ carbon emissions goals and transition risks more accurately. The enhanced tools offer detailed assessments...
Climate Week NYC 2024: A Call for Bold Action Climate Week NYC 2024 opened with a powerful message: “It’s Time.” Hosted in partnership with the United Nations General Assembly, the...
1. Finance and the Energy Transition Roundtable September 23 | 10:00 AM – 11:30 AM EDT Hosted by: Business Council for Sustainable Energy (BCSE) and CleanCapital Global energy transition investment...
At Climate Week NYC, the Climate Group called on governments, businesses, and the global climate community to adopt a far more urgent approach to tackling the emissions gap. The “Global...
Deloitte Boosts Global ESG Reporting with Salesforce Partnership Deloitte has adopted GreenLight powered by Salesforce, integrating Salesforce’s Net Zero Cloud with proprietary Deloitte technology to strengthen its global environmental, social,...
The Biden-Harris Administration, through the U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED), has announced plans to provide up to $1.8 billion in funding to support the growth...
Datamaran, a leader in AI ESG software, announced securing $33 million in Series-C financing from Morgan Stanley Expansion Capital. This investment will accelerate the company’s expansion in the U.S. and...
Organizations are pushing forward with sustainability initiatives despite geopolitical turbulence. According to Capgemini Research Institute’s latest report, A World in Balance 2024: Accelerating Sustainability Amidst Geopolitical Challenges, regulatory frameworks and...
PepsiCo’s AI-Powered Recycling Push PepsiCo has partnered with Intuitive AI to introduce Oscar Sort, an AI-powered recycling assistant designed to improve waste management in high-traffic locations. Starting with select PepsiCo...
Climate Asset Management (CAM) announced the final close of its Natural Capital Fund and Nature-Based Carbon Fund, raising over $1 billion. Partnering with Apple’s Restore Fund, the funds focus on...
Air France-KLM scales up sustainable aviation fuel (SAF) commitments with a new agreement from TotalEnergies to supply up to 1.5 million tons over a 10-year period, solidifying their leadership in...
Welcome back to the ESG News Week In Review! To get ESG News’s full ‘ESG News Week In Review’ and ESG News Daily email newsletter, subscribe here. Tim Mohin: SEC Disbands Climate &...
The world is failing to meet the Sustainable Development Goals (SDGs) and urgent action is needed to unlock progress and overcome the growing annual SDG funding gap, which now stands...
For more from Tim Mohin, sign up for his newsletter here The SEC’s beleaguered ESG agenda took another hit this week as their Enforcement Division’s Climate & ESG Task Force, set up...
The European Investment Bank (EIB) Board has approved €5.3 billion in financing to boost climate resilience and bolster business competitiveness. This investment will support cities, businesses, and communities in Europe...
ING has released its Climate Progress Update 2024, highlighting how it engages with clients in transitioning to a low-carbon economy. The update reflects ING’s commitment to steering the most carbon-intensive...
Ørsted has signed a major deal with Equinor, agreeing to sell 330,000 tonnes of carbon dioxide removal (CDR) credits over a ten-year period. This is tied to Ørsted’s groundbreaking ‘Kalundborg...
A Critical Moment for Sustainable Development The world faces significant challenges—geopolitical conflicts, the climate crisis, high inflation, and the lingering effects of COVID-19—that hinder sustainable development. Only 17% of Sustainable...
Standard Chartered Bank and SEB have expanded their partnership with Puro.earth to enhance the Carbon Dioxide Removal (CDR) market. By facilitating offtake agreements for high-quality, Puro Standard-certified carbon removal credits,...
MSCI Inc. has launched MSCI Carbon Project Ratings, the first tool to assess the integrity of over 4,000 carbon credit projects. This marks a significant step forward in setting new...
Key Impact Points: ERM has partnered with CEEZER to create the ERM Carbon Credit Portal, enabling businesses to purchase and retire carbon credits efficiently. The portal, integrated with ERM’s carbon...
Growing Confidence in SI Data Concerns about the availability and accuracy of ESG data have significantly declined, with fewer asset owners citing it as a barrier to sustainable investment (SI)....
SBTi Expands Corporate Net-Zero Standard to Refine Emission Neutralization The Science Based Targets initiative (SBTi) is advancing its efforts to help companies achieve net-zero by revising its Corporate Net-Zero Standard....
Kenya has taken a significant step forward in its climate goals by becoming the first African nation to develop a national REDD+ registry, designed to track carbon credits aimed at...
United Airlines and the San Francisco 49ers have teamed up to reduce carbon emissions from air travel by launching a pilot project using sustainable aviation fuel (SAF). The 49ers are...
IBM and the United Nations Development Programme (UNDP) have launched two innovative energy models aimed at accelerating a global energy transition. Hosted on UNDP’s GeoHub platform, these free, interactive models...
Woodland Biofuels Invests $1.35 Billion in Louisiana for Renewable Fuels Toronto-based Woodland Biofuels announced a $1.35 billion investment to build a renewable natural gas (RNG) and ultra-green hydrogen facility at...
Hero Future Energies, a unit of the Hero Group, is set to invest $20 billion over the next six years to expand its renewable energy capacity nearly 16-fold, according to...
A new partnership between BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX aims to revolutionize AI infrastructure with a potential $100 billion investment. The Global AI Infrastructure Investment Partnership (GAIIP)...
Vanguard’s Investor Choice proxy voting pilot, launched in early 2023, has revealed new data from the 2024 proxy season, showing growing individual investor engagement. The initiative enables individual investors to...
More than 530 financial institutions, managing over $29 trillion in assets, are pressuring governments worldwide to take decisive action on the climate crisis. In a joint statement ahead of COP29,...
Travalyst has made flight emissions data more accessible than ever, scaling its information to appear in over 65 billion flight searches globally. This effort, led by the non-profit founded by...
Hygenco Green Energies Pvt Ltd, a leader in green hydrogen production, has signed a Memorandum of Understanding (MOU) with REC Limited to finance its Green Ammonia Project in Gopalpur, Odisha....
The Commission’s Approval The European Commission has approved Poland’s €1.2 billion (PLN 5 billion) state aid scheme, designed to drive investments in sectors crucial for the shift to a net-zero...
European Commission President Ursula von der Leyen has revealed the team that will lead the EU’s most powerful institution for the next five years, with a clear focus on addressing...
The 2023 National Solar Jobs Census, published by the Interstate Renewable Energy Council (IREC), reveals a notable increase in solar jobs across the U.S. The report shows 279,447 workers are...
Despite increasing urgency to address climate change, corporate decarbonization progress has slowed. A new report by Boston Consulting Group (BCG) and CO2 AI reveals minimal progress by companies in addressing...
Tata Power has unveiled an ambitious plan to invest approximately 700-750 billion rupees ($8.95 billion) over the next five to six years to ramp up its renewable energy capacity. According...
Enfinium, a leading UK energy from waste operator, has launched the country’s first carbon capture pilot at its Ferrybridge facility in West Yorkshire. The trial marks a pivotal moment for...
Carlyle has announced a strategic partnership with North Bridge ESG LLC, committing up to $1 billion to boost the origination of commercial property assessed clean energy (C-PACE) loans. This partnership...
At Goldman Sachs, a new ESG filter is rethinking how companies are evaluated by focusing on circularity—the extent to which they recycle, manage waste, and reuse materials. This model has...
Deloitte has launched Deloitte Academies, an initiative designed to equip organizations with critical skills for future success, focusing on areas like AI, sustainability, and leadership development. As businesses face rapid...