Sasol, Anglo American, and De Beers have entered into a Joint Development Agreement (JDA) to pilot the production of feedstock for renewable diesel. Signed on February 4, 2025, during the...
Investors managing a combined €6.6 trillion in assets are calling on the European Commission to uphold the integrity of the EU’s sustainable finance framework. Concerns are mounting that the upcoming...
Santiago ranks 126th in global traffic congestion, with commuters spending over 23 minutes at traffic lights on a typical 10-kilometer trip, according to the TomTom Traffic Index 2024. This stop-and-go...
The LEGO Group is expanding its sustainability efforts with a DKK 19 million commitment toward four carbon removal projects in collaboration with Climate Impact Partners and ClimeFi. The projects aim...
Microsoft is doubling down on carbon removal: The tech giant signed a 25-year agreement with Chestnut Carbon to secure more than 7 million tons of carbon removal credits. This marks...
Expanding Global Renewable Footprint Amazon and Iberdrola, a leading clean energy provider, have expanded their renewable energy partnership with an additional 476 MW in power purchase agreements (PPAs). This brings...
Rio Tinto and Hydro have signed a partnership agreement to explore carbon capture solutions for aluminium smelting. The collaboration will focus on identifying and assessing technologies to reduce CO2 emissions...
New Zealand has announced its second international climate target, aiming for a 51-55% reduction in emissions from 2005 levels by 2035, Climate Change Minister Simon Watts confirmed today. “We have...
BBVA reached its €300 billion sustainable business target one year early, exceeding its initial 2018-2025 commitment. The bank had progressively raised its goal, from €100 billion in 2018 to €200...
TA’ZIZ has awarded a $1.7 billion engineering, procurement, and construction (EPC) contract to SAMSUNG E&A to build the UAE’s first methanol production plant in Al Ruwais Industrial City, Al Dhafra...
Zurich Insurance Group has secured a long-term carbon dioxide removal agreement with Nellie, marking a milestone in commercial-scale engineered carbon removal. Why It Matters: After three years of development, Nellie’s...
Repsol has approved a landmark investment in Catalonia to build Europe’s first facility transforming municipal waste into renewable methanol—a crucial fuel for decarbonizing transport and promoting the circular economy. “This...
Britain submitted its climate action plan to the UNFCCC, confirming its commitment to cutting greenhouse gas emissions by 81% by 2035. This follows Prime Minister Keir Starmer’s pledge at COP29...
What’s new: The IFRS Foundation published Applying IFRS S1 when reporting only climate-related disclosures in accordance with IFRS S2, a guide aimed at helping companies navigate climate-specific reporting under ISSB...
Blueleaf Energy and Jakson Green are joining forces to develop a 1-gigawatt (GW) solar portfolio in Rajasthan, India. The $400 million investment aims to accelerate India’s clean energy transition. The...
The European Commission has launched the Competitiveness Compass, a strategic roadmap to drive technological leadership, economic resilience, and climate neutrality. The initiative addresses Europe’s lag in productivity growth by focusing...
A2A successfully placed its first European Green Bond, securing €500M with a 10-year tenor. The bond was met with strong investor interest, drawing orders worth €2.2B, leading to an oversubscription...
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...