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The Integrity Council for the Voluntary Carbon Market announced that current renewable energy methodologies won’t qualify for the high-integrity CCP® (Core Carbon Principles) label. These methodologies, representing nearly a third...
RM20 Billion Commitment to ESG The Retirement Fund Inc (KWAP) has pledged $4.5 billion to increase its focus on transition assets, reinforcing its commitment to sustainable investment. Driving Meaningful Change...
Pioneering Efficiency and Safety Ørsted, a global leader in offshore wind, has launched the world’s first heavy-lift cargo drone (HLCD) operations at the Borssele 1&2 Offshore Wind Farm. This marks...
The Ministry of Trade and Industry (MTI) introduced the Energy Transition Measures and Other Amendments Bill to Parliament, aiming to amend the EMA Act, Electricity Act, and Gas Act. These...
Quinbrook Infrastructure Partners, a global investment manager specializing in energy transition infrastructure, has closed its Net Zero Power Fund (NZPF) with $3 billion in capital commitments. This fund is Quinbrook’s...
Climate Impact Partners has launched a groundbreaking program to scale novel carbon dioxide removal (CDR) technologies, enabling companies from SMEs to multinationals to finance innovative solutions and meet global climate...
Standard Chartered announced the successful closing of a six-year, $235 million non-recourse senior secured term green loan. The funds will develop, construct, and operate a 1.35 million square foot solar...
Iberdrola, through its US subsidiary NYSEG (New York State Electric & Gas Company), successfully placed a USD 525 million (EUR 490 million) 10-year green bond issue in the US. This...
Uber Technologies, Inc. (NYSE: UBER) and BYD Co. Ltd. have announced a strategic partnership to bring 100,000 new BYD electric vehicles (EVs) onto the Uber platform across key global markets....
Despite data quality issues, a significant number of companies are integrating sustainability into their strategies. According to Deloitte’s 2024 “Sustainability Action Report,” over 75% of executives have seen progress in...
The APEC Business Advisory Council (ABAC) wrapped up its Tokyo meeting with a strong call for action on trade, digitalization, and climate response. Urgent Economic and Climate Action “Tackling trade...
PwC Embraces AI and Sustainability for Future Growth PwC is set to make significant strides in AI and sustainability as it enters FY25, aiming to create new value for clients....
The International Finance Corporation (IFC) and Citi have unveiled a $2 billion program to bolster sustainable supply chain finance in emerging markets. The initiative, starting with a $500 million facility...
Gulf International Bank (GIB) Asset Management (UK) has appointed Victoria Barron as Chief Sustainability Officer. Barron will spearhead GIB’s sustainability agenda, enhancing governance frameworks and corporate sustainability projects. Barron brings...
Investment Announcement Stanley Capital Partners (SCP) and Goldman Sachs Alternatives have announced a majority investment in SePRO Corporation, a leader in sustainable water quality solutions. The financial details remain undisclosed....
MUFG has introduced a new “Sustainable Finance Framework” to bolster its efforts in promoting sustainability through capital markets funding. As part of this initiative, MUFG obtained a Second Party Opinion...
Woodside Acquires OCI Clean Ammonia Project Woodside announced the acquisition of OCI Clean Ammonia Holding B.V. and its low carbon ammonia project in Beaumont, Texas, for $2.35 billion. The project,...
Mitsubishi Heavy Industries, Ltd. (MHI) has submitted a revised shelf registration statement for the issuance of its third series of transition bonds. This marks the third consecutive year MHI has...
MioTech is leveraging tougher ESG disclosure rules to expand its sustainability data and software services. Founder and CEO Jason Tu outlined plans for more partnerships to help clients meet regulatory...
Britain’s financial watchdog has expanded the range of “dormant” assets, potentially unlocking an extra 880 million pounds ($1.12 billion) to fund social and environmental projects. This expansion aims to support...
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