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ExxonMobil announced the next step in the development of the world’s largest low-carbon hydrogen production facility with a contract award for front-end engineering and design (FEED). A final investment decision
ExxonMobil announced its majority-owned affiliate, Imperial Oil Ltd, will invest about $560 million to move forward with construction of the largest renewable diesel facility in Canada. The project at Imperial’s
Mitsubishi Corp has agreed with Exxon Mobil Corp and Japan’s biggest steelmaker Nippon Steel Corp to consider a carbon dioxide capture and storage (CCS) project, a spokesperson at the trading house said
ExxonMobil announced its corporate plan for the next five years, with a sizeable increase in investments aimed at emission reductions and accretive lower-emission initiatives, including its Low Carbon Solutions business.
ExxonMobil and Mitsubishi Heavy Industries (MHI) have joined forces to deploy MHI’s leading CO2 capture technology as part of ExxonMobil’s end-to-end carbon capture and storage (CCS) solution for industrial customers. The
Agreement initiates joint study to identify carbon capture and storage opportunity Project could capture up to 10 million metric tons of CO2 per year subject to the joint study Collaboration supports
Potential production of up to 20,000 metric tons of green hydrogen; distribution of up to 100,000 metric tons of green ammonia Opportunity for Slagen terminal to provide lower-emission marine fuels
Annual Shareholders Meeting highlights company’s plans to play a leading role in the energy transition Strategy focused on five priorities to sustainably grow shareholder value Streamlined business structure to take
Agreement to assess implementation of lower-emissions technologies in Indonesia Builds on memorandum of understanding signed at COP 26 Collaboration will support Indonesia’s 2060 net-zero ambition ExxonMobil and Pertamina, the state-owned
ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels. Discoveries at Barreleye-1, Patwa-1
Exxon Mobil Corporation, stylized as ExxonMobil, is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil, and was formed on November 30, 1999, by the merger of Exxon and Mobil.
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Turkey is introducing mandatory sustainable aviation fuel (SAF) requirements for airlines and fuel suppliers to cut aviation emissions by 5% by 2030, according to its civil aviation authority. The initiative...
The Green Climate Fund (GCF) Board has approved a historic $1.225 billion in funding at its 42nd meeting, marking the largest amount ever allocated during a single session. The funds...
The UK government has launched its first-ever Onshore Wind Strategy, aiming to reverse nearly a decade of stagnation in the sector and deliver a major boost to its clean energy...
Phlair GmbH and Carbon Removal AS, through its subsidiary NorDAC Kollsnes AS, have signed an agreement to develop Europe’s first large-scale Direct Air Capture (DAC) and geologic CO₂ storage facility...
The International Sustainability Standards Board (ISSB) has released two exposure drafts proposing significant updates to the SASB Standards and aligned amendments to the Industry-based Guidance on Implementing IFRS S2. This...
IKEA Components has begun a major sustainability shift by phasing out plastic fitting bags and replacing them with paper-based alternatives—cutting approximately 1,400 tons of virgin plastic annually. The initiative is...
Salesforce has unveiled Agentforce for Net Zero Cloud, a next-generation AI-powered assistant designed to accelerate sustainability reporting, slash operational costs, and increase business efficiency by automating complex compliance tasks and...
Terra CO2, a U.S.-based low-carbon building materials company, announced it has secured $124.5 million in Series B funding to scale its commercial production of sustainable cement alternatives. The round was...
Allianz Commercial has launched its Climate Adaptation & Resilience Services (CAReS) platform to help businesses identify, evaluate, and reduce exposure to climate risks amid rising losses from natural catastrophes. The...
The European Commission has released a new Recommendation on Tax Incentives to support the Clean Industrial Deal (CID), a key pillar of the EU’s climate-neutral strategy. This initiative outlines a...
J.P. Morgan’s blockchain unit, Kinexys, has launched the next phase of its carbon market initiative, developing a blockchain-based application to tokenize global carbon credits. The solution—built on Kinexys Digital Assets,...
Mars Incorporated has announced a 1.9% absolute reduction in greenhouse gas emissions in 2024, reinforcing its continued ability to decouple environmental impact from economic growth. Since 2015, the company has...
The Global Reporting Initiative (GRI) has launched a global public comment period on proposed revisions to two of its core labor standards—Diversity and Inclusion and Non-Discrimination and Equal Opportunity—as part...
A coalition of eight countries — France, Spain, Kenya, Barbados, Somalia, Benin, Sierra Leone, and Antigua & Barbuda — has launched a global initiative to tax premium air travel and...
Dexter Energy, an Amsterdam-based climate tech firm, has raised €23 million in a Series C funding round to scale its AI-powered forecasting and trade optimization services for renewable energy and...
Corporate commitment to sustainability is intensifying, with 88% of companies globally identifying it as either a primary (53%) or partial (35%) driver of long-term value creation—up three percentage points from...
Climeworks, a global leader in Direct Air Capture (DAC) and carbon removal solutions, has raised $162 million in additional equity financing, marking the largest carbon removal investment round of 2025...
Zelestra, a global multi-technology renewable energy company, has secured an additional €235 million to expand its sustainability-linked loan facility, bringing the total to €770 million. The facility, initially signed in...
The European Commission has proposed an amendment to the EU Climate Law, setting a 2040 target to reduce net greenhouse gas (GHG) emissions by 90% compared to 1990 levels, in...
Hafslund Celsio has signed a landmark agreement to supply Microsoft with 1.1 million tonnes of permanent carbon removals over a 10-year period. The contract is a major boost for Hafslund...
Google has taken a bold step toward a fusion-powered future through a new partnership with Commonwealth Fusion Systems (CFS), signing the largest-ever direct corporate offtake agreement for fusion energy. Under...
Amazon has unveiled a groundbreaking fulfillment center in Nagoya, Japan, designed to integrate advanced geothermal and solar technology to minimize its environmental footprint. The facility is Amazon’s first globally to...
Azimut Group and Eni Next have announced a strategic collaboration to launch a €100 million European Long Term Investment Fund (ELTIF), targeting high-potential startups and scale-ups driving clean energy innovation....
CAF – Development Bank of Latin America and the Caribbean – has approved a record $5.2 billion in funding for 16 sustainable development operations across 10 countries, marking its largest...
The European Commission is preparing to propose the use of carbon credits purchased from other countries to help meet the European Union’s upcoming 2040 climate target. The official target—set for...
SP Energy Networks, the distribution arm of Iberdrola in the UK, has committed £1.4 billion to deliver critical onshore transmission infrastructure across central and southern Scotland—supporting the UK Government’s Clean...
• Supervisory review finds shortcomings in SFDR compliance and risk integration• Report identifies issues at both entity and product levels• ESMA urges national regulators to increase scrutiny and follow up...
Nokia has signed a €1.5 billion five-year multicurrency revolving credit facility (RCF), with two optional one-year extensions. The facility includes a sustainability-linked pricing mechanism, tying the margin of the loan...
At its meeting on 25 June 2025, the Swiss Federal Council announced a decision to pause the ongoing revision of the Ordinance on Climate Disclosures for companies. The move reflects...
A strong majority of Europeans believe climate change is a critical issue requiring urgent action, according to the latest Eurobarometer survey. 85% of citizens say tackling climate change should be...
• Confirms continued commitment to anti-greenwashing law after confusion over withdrawal• Microenterprise exemption remains the key sticking point• Final outcome hinges on Council clarity and political consensus The European Commission...
EcoCeres has secured a multi-year agreement to supply British Airways with sustainable aviation fuel (SAF), enabling the airline to cut lifecycle carbon emissions by approximately 400,000 metric tonnes—the equivalent of...
The European Commission and European Investment Bank (EIB) have introduced a new €5 billion flexible guarantee to expand EIB operations beyond the EU and unlock up to €10 billion in...
This week’s ESG headlines reveal a global acceleration in carbon credit adoption, clean energy investments, and sustainability disclosure reforms. As Microsoft, JPMorganChase, and ByteDance ink multi-million-ton carbon removal deals, governments...
In an unprecedented industry collaboration, DBS, OCBC, and UOB, with support from the Monetary Authority of Singapore (MAS), have launched a report to help banks assess the financial implications of...
The Singapore Business Federation (SBF) is calling for a 12- to 24-month extension of mandatory climate-related disclosures under the ISSB framework for smaller firms listed on the Singapore Exchange (SGX)....
Ambienta SGR S.p.A., a leading European asset manager focused on environmental sustainability, has closed its small cap strategy with commitments totaling approximately €500 million—surpassing its original €450 million target. The...
Wolters Kluwer has expanded its CCH® Tagetik ESG & Sustainability platform with two targeted solutions: one to support compliance with the EU’s Carbon Border Adjustment Mechanism (CBAM) and another to...
Slovenia has launched its first sustainability-linked bond, raising €1 billion to support its environmental and climate objectives. The 10-year bond, maturing on 2 July 2035, carries a coupon rate of...
Tudor is reinforcing its commitment to sustainability in 2025, expanding the environmental and social goals outlined in its first-ever sustainability report released last year. The 2024 report marked a strategic...
Eni and BMW Italia have signed a Letter of Intent to jointly accelerate the decarbonization of road transport through biofuels and electric mobility infrastructure. The partnership centers on Hydrotreated Vegetable...
Meta has signed four new clean energy agreements with Invenergy totaling 791 MW, reinforcing its push to power expansive data center and AI operations with sustainable electricity. These deals elevate...
MERLIN Properties and Carbon2Nature, a subsidiary of Iberdrola, have partnered to develop the MERLIN Forest—a landmark ecological restoration project designed to regenerate over 200 hectares of fire-damaged land and capture...
ByteDance, the global tech company behind TikTok, has purchased the right to retire over 100,000 tonnes of carbon credits through Rubicon Carbon’s flagship offering, the Rubicon Carbon Tonne® (RCT). The...
The Global Reporting Initiative (GRI) has unveiled two new sustainability reporting standards—GRI 102: Climate Change and GRI 103: Energy—to drive corporate accountability and accelerate climate action. “These new GRI Standards...
The Asian Infrastructure Investment Bank (AIIB) has entered into a strategic partnership with Keppel Ltd. to mobilize up to USD1.5 billion for sustainable infrastructure projects across Asia-Pacific. The agreement, signed...
The UK government has released exposure drafts of its new UK Sustainability Reporting Standards (UK SRS), marking a significant step toward a modernised corporate reporting framework. The drafts are modeled...
A new platform, FourTwoThree, has launched with backing from global banks NatWest Group, NAB, and SC Ventures to address the urgent need for scalable SME climate action. The initiative targets...
The UK government has announced a major step in its mission to become the “sustainable finance capital of the world”, launching a set of consultations aimed at standardizing climate transition...
A first-of-its-kind international coalition led by Singapore, the United Kingdom, and Kenya will issue shared global principles to strengthen voluntary carbon markets and scale climate finance ahead of COP30 in...
Frontier Infrastructure Holdings has signed a landmark offtake agreement with Wild Assets to deliver up to 120,000 tonnes of carbon dioxide removal (CDR) credits from Bioenergy with Carbon Capture and...
Agoro Carbon has signed a landmark 12-year offtake agreement with Microsoft to deliver 2.6 million carbon removal credits, marking one of the largest and most enduring soil-based carbon deals in...
The European Commission has adopted the Clean Industrial Deal Framework (CISAF), a robust and long-term state aid structure aimed at accelerating clean energy deployment, industrial decarbonisation, and clean technology investment...
Microsoft has entered a 10-year agreement with Anew Climate and Aurora Sustainable Lands to purchase 4.8 million nature-based carbon removal credits—a deal that establishes one of the largest long-term working...
JPMorganChase has signed a 10-year agreement with 1PointFive to purchase 50,000 metric tons of carbon dioxide removal (CDR) credits, marking a significant step in the financial giant’s efforts to decarbonize...
Syre, the H&M-backed textile recycling firm, has announced strategic partnerships with Gap Inc., Target, and Houdini Sportswear as part of its commercial launch, advancing its mission to decarbonize and dewaste...
The IFRS Foundation has published new guidance to help entities disclose climate-related transition information in alignment with IFRS S2 Climate-related Disclosures, aiming to improve the quality, consistency, and comparability of...
Greenbelt Capital Partners, a private equity firm focused on advancing energy and infrastructure transformation, has closed its inaugural fund—Greenbelt Capital Partners III L.P.—at $1 billion, hitting its hard cap and...
The EU Council has adopted a sweeping negotiating position that significantly scales back corporate sustainability reporting and due diligence rules, exceeding the deregulatory ambitions of the European Commission’s original Omnibus...
L’Oréal Groupe, the global beauty leader, has launched a €100 million Sustainable Innovation Accelerator aimed at scouting and scaling breakthrough sustainability solutions across the beauty industry. The initiative, run in...
The LEGO Group has achieved a major environmental milestone, maintaining zero waste to landfill across its global manufacturing sites for the third year in a row. The company reported that...
Governor Kathy Hochul has directed the New York Power Authority (NYPA) to develop and construct the state’s first new nuclear power facility in a generation, a zero-emission advanced reactor in...
Key Impact Points: EFRAG Responds to EU Push for ESRS Simplification EFRAG has released a progress report detailing its strategy to significantly simplify the European Sustainability Reporting Standards (ESRS), aiming...
The UK government has unveiled a sweeping 10-year industrial strategy aimed at slashing corporate electricity bills and cementing the country’s leadership in clean energy, advanced manufacturing, and frontier technologies. The...
Virgin Holdings Limited has received official validation from the Science Based Targets initiative (SBTi) for its net-zero targets, confirming its emissions pathway aligns with the 1.5°C climate goal. This marks...
Italian energy giant Eni has sold a 20% stake in its retail and renewables arm, Plenitude, to U.S. alternative investment firm Ares Management Corp. for approximately €2 billion ($2.3 billion)....
The Global Reporting Initiative (GRI) has unveiled its Sustainability Taxonomy, a digital framework that converts its sustainability reporting standards into machine-readable formats using XBRL (eXtensible Business Reporting Language)—the global standard...
After years of contraction, global occupiers are now reversing course—shifting from reactive downsizing to proactive, strategic portfolio growth. Cushman & Wakefield’s latest What Occupiers Want 2025 report, in partnership with...
Singapore has released a draft guidance framework to support businesses in using voluntary carbon credits as part of credible decarbonisation strategies, aiming to bring clarity and consistency to a fragmented...
Tesla sealed a $557 million deal on Friday to construct its first grid-scale battery storage station in Shanghai, Yicai reported, bolstering its energy division’s footprint in China. The agreement, signed...
On Friday, June 20, 2025, the European Commission announced its decision to withdraw the Green Claims Directive, a critical component of the EU’s Green Deal policy designed to protect consumers...
Deep Sky, a Canadian-based Direct Air Capture (DAC) project developer, has entered a multi-year offtake agreement with Rubicon Carbon, marking the first time Rubicon will feature DAC credits in its...
Hindustan Petroleum Corp Ltd (HPCL) will invest ₹20 billion ($231 million) over the next two to three years to construct 24 compressed biogas (CBG) plants through its subsidiary, HPCL Renewable...
Carbon Upcycling Technologies has closed an $18 million funding round, led by impact-focused investor Builders Vision, to accelerate the commercialization of its carbon capture and utilization (CCU) technology for the...
British band Coldplay is reissuing nine of their albums on EcoRecords—LPs manufactured from recycled plastic bottles—dramatically reducing the environmental impact of physical music production. The clear 140g records are created...
Caisse de dépôt et placement du Québec (La Caisse) has unveiled a bold 2025–2030 climate strategy targeting $400 billion in climate action investments by the end of the decade. The announcement...
Octopus Energy Generation has launched a $60 million fund—its first dedicated to Africa—to drive transformative investment in clean energy infrastructure across Sub-Saharan Africa. Unveiled at the Africa Energy Forum in...
Mango has partnered with Swedish material innovator Circulose®, becoming the first brand to integrate its regenerated cotton-based fibres into production since Circulose’s restart. The move positions Mango as a sustainability...
Interview Highlights: Christine Montenegro McGrath (Mondelēz) & Alejandro Navarro (BCG) discuss their takes on ESG in 2025. The ESG narrative is shifting. According to Christine Montenegro McGrath of Mondelēz and...
Climate Tech Partners (CTP) has secured its first close with a $30 million anchor investment—$15 million each from Australian Ethical Investments (AEI) and the Clean Energy Finance Corporation (CEFC)—despite headwinds...
Volkswagen Bank GmbH has successfully issued its first green bond, raising €1.5 billion through 3-year and 6-year tranches. The bond, aligned with Volkswagen Financial Services AG’s Green Finance Framework, introduces...
ReGenEarth, a sustainability venture founded from Stephen Lansdown’s Earth Capital, has launched a £100 million Green Bond Programme in partnership with circular economy energy experts RER. The initiative will fund...
Versalis, the chemical subsidiary of Italian energy giant Eni, has inaugurated a demonstration plant in Mantova, Italy, showcasing its proprietary chemical recycling technology, Hoop. The technology enables the transformation of...
In a formal letter to Commissioner Jessika Roswall, the European People’s Party (EPP) has called for the complete withdrawal of the EU’s proposed Green Claims Directive (GCD), citing significant concerns...
Rubicon Carbon has launched the Rubicon Rated Tonne (RRT), a portfolio of rigorously vetted carbon credits that has received an AAport rating from BeZero Carbon under its new Portfolio Rating...
TerraPower has raised $650 million in a major funding round backed by existing and new investors, including NVentures—NVIDIA’s venture capital arm—Bill Gates, and HD Hyundai. The funding will accelerate the...
Norway has launched Longship, the world’s first full-scale value chain for carbon capture and storage (CCS), marking a global milestone in industrial decarbonization. The project integrates carbon capture, ship-based transport,...
Goldman Sachs Asset Management (GSAM) has launched the Goldman Sachs Emerging Markets Green and Social Bond Active UCITS ETF (GEMS), designed to provide investors with active exposure to sustainable fixed...
Google is rolling out major updates to Maps aimed at helping Europeans make more sustainable travel decisions this summer. From commuting to vacationing, new features support a shift to greener...
Datamaran has launched its new Core Product, offering a streamlined solution to help companies identify, manage, and disclose ESG issues with greater speed, confidence, and regulatory alignment. The launch marks...
SAP has entered a strategic partnership with carbon removal pioneer Climeworks to secure 37,000 tons of high-integrity carbon removal credits by 2034. The agreement supports SAP’s net-zero commitments and embeds...
The UN Global Compact Network USA has named Amanda Gardiner as its new Executive Director, signaling a strategic push to expand its impact and engagement with the U.S. private sector...
KKR has signed definitive agreements to acquire Zenith Energy, a top independent power producer in Australia, in a deal aimed at accelerating the delivery of hybrid renewable energy solutions for...
Amazon is scaling its decarbonization strategy with a major sustainable aviation fuel (SAF) deal, becoming the first company to use SAF at Ontario International Airport under an expanded partnership with...
The IFRS Foundation has launched a suite of free e-learning modules to help companies and stakeholders implement the International Sustainability Standards Board (ISSB) disclosure standards—IFRS S1 and IFRS S2. Accessible...
At the Cannes Lions Festival, the United Nations Global Compact launched the CMO Blueprint for Sustainable Growth—a strategic guide to help Chief Marketing Officers integrate sustainability into business growth plans...
France has passed sweeping legislation to rein in the environmental fallout of ultra-fast fashion, becoming the first major economy to take direct aim at global e-commerce giants like SHEIN and...
The U.S. Securities and Exchange Commission (SEC) has formally withdrawn two proposed rules central to the Biden-era ESG regulatory agenda—one requiring enhanced ESG disclosures from investment advisers, and another revising...
Australia has released its first sustainable finance taxonomy, providing a science-aligned, Paris-compatible framework to steer investments toward net zero. Developed by the Australian Sustainable Finance Institute (ASFI) with strategic oversight...
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