Help us improve your experience, delivering more of what you want
Tackling Growing Energy Demand in 2024 As global electricity demand continues to surge, driven by AI, electrification, and digitalization, building smarter energy systems presents both challenges and opportunities. In 2024,
Google has signed a 15-year power purchase agreement (PPA) with Copenhagen Infrastructure Partners (CIP) to secure 250MW of wind power from the Zeevonk project, a groundbreaking renewable energy initiative in
The News: Google, Stripe, and other Frontier coalition members are investing $80 million in carbon credits to fund two firms deploying innovative carbon capture technologies at paper mills and sewage
Google DeepMind’s latest AI weather forecasting model, GenCast, is revolutionizing how weather predictions are made. By outperforming the European Centre for Medium-Range Weather Forecasts’ (ECMWF) ENS system, GenCast delivers faster,
Google has signed a landmark long-term agreement with carbon removal startup Terradot, combining equity investment with a commitment to purchase 200,000 tons of carbon removal credits by the early 2030s.
Google, Intersect Power, and TPG Rise Climate have announced a groundbreaking partnership to align clean energy generation with data center development. The collaboration introduces a “power-first” approach, co-locating carbon-free energy
Google has announced the opening of 1265 Borregas, its first office building constructed using mass timber, in Sunnyvale, California. The building reflects Google’s commitment to sustainability, employee wellbeing, and community
Key Impact Points: Addressing Urban Heat Islands By 2050, two out of three people will live in or around cities, making it crucial to tackle climate challenges in urban areas.
Amazon is accelerating its transition to carbon-free energy by investing in innovative nuclear power projects. The company has signed three new agreements to support the development of Small Modular Reactors
To accelerate the clean energy transition across the U.S., Google has signed the world’s first corporate agreement to purchase nuclear energy from multiple small modular reactors (SMRs) to be developed
Google LLC is an American multinational technology company that focuses on artificial intelligence, search engine, online advertising, cloud computing, computer software, quantum computing, e-commerce, and consumer electronics.
Official logo of ESG News (C) 2025
Help us improve your experience, delivering more of what you want
• The Federal Reserve, FDIC, and OCC have jointly rescinded the 2023 climate risk management principles for large financial institutions.• Regulators said existing safety and soundness standards sufficiently address all...
• Arcwood Environmental names former Invenergy and Brunswick Group executive Carol Roos as Chief Communications and Sustainability Officer.• Roos to oversee Arcwood’s global communications, stakeholder engagement, and sustainability integration.• Appointment...
• Indonesia lifts its four-year moratorium on international carbon trading through a new presidential decree.• Cross-border transactions can resume under national or international standards, tracked by a decentralized real-time registry.•...
• Malaysian pension fund KWAP launches Dana Iklim+, a 2 billion ringgit ($475 million) climate-focused investment fund.• Targets multi-asset climate solutions spanning infrastructure, private equity, real estate, and nature-based projects.•...
• €1.7 billion financing secured for one of Europe’s largest steel decarbonization projects• Backed by Germany’s federal and Saarland governments under a €2.6 billion transformation program• Project aims to cut...
• Greenly’s EcoPilot automates data collection and emissions modeling across Scope 1, 2, and 3 using proprietary AI and local language models.• The platform integrates with financial and procurement systems...
China has recorded 217.5 billion yuan (approximately $30.5 billion USD) in direct economic losses from natural disasters in the first nine months of 2025, according to the country’s Ministry of...
• Marex establishes a new Environmental Advisory division in the U.S. to guide corporate clients through long-term renewable energy procurement.• The initiative expands Marex’s renewable power offering beyond Renewable Energy...
• South Korea to require 1% SAF blending for all international departures by 2027, increasing to up to 10% by 2035.• Airlines must source 90% of annual refuelling volumes from...
Rulemaking shift to 2026 The California Air Resources Board (CARB) announced it will delay the initial rulemaking for the new California climate disclosure laws SB 253 and SB 261 into...
• Harvard achieved a 32% absolute reduction in greenhouse gas emissions since 2006 despite a 14% campus expansion.• A new regional energy consortium led by Harvard and MIT will generate...
• New solar and wind projects in five European countries will add 650 MW of renewable capacity, mobilising over $600 million in financing.• The expansion supports Apple’s 2030 carbon neutrality...
• The 1.5 GW Khazna Solar PV project will supply electricity to around 160,000 homes and cut 2.4 million tonnes of CO₂ annually.• Part of EWEC’s strategy to expand Abu...
• Amazon’s Elkhart, Indiana facility integrates over 40 decarbonization and efficiency systems for real-world testing.• The site provides data for scaling low-carbon building materials and clean-energy systems across Amazon’s global...
• Brookfield to invest up to $5 billion in Bloom Energy’s fuel cell technology to power global AI factories.• Partnership marks Brookfield’s first deal under its dedicated AI Infrastructure strategy.•...
• McKinsey projects renewables could supply up to 67% of global power by 2050, but fossil fuels may still account for more than 40% of total energy use.• Alternative fuels...
• Stegra (formerly H2 Green Steel) seeks up to €975 million ($1.1 billion) in new financing to complete its Boden, Sweden, green-steel project.• The new capital will cover higher project...
• Less than 10% of climate finance reaches SMEs despite representing over 90% of global businesses.• The Impact Disclosure Taskforce’s SME Subgroup unveils a Whitepaper at Climate Week NYC offering...
EU Moves to Cut Scope of Sustainability Rules The European Parliament’s Legal Affairs Committee (JURI) voted on October 13 to approve sweeping reductions to two cornerstones of the European Green...
• Schroders now sources 100% of its electricity globally from renewable energy, meeting its RE100 commitment a year early.• The firm’s Horsham solar project generates 1.13 GWh annually, covering nearly...
Mercedes Pushes Decarbonization Beyond the Track The Mercedes-AMG Petronas Formula One Team confirmed it achieved 99% HVO100 biofuel coverage for its 2025 European race and marketing logistics, a milestone that...
• Moeve becomes the first third-party supplier to join Avelia, Shell Aviation’s blockchain-powered sustainable aviation fuel (SAF) book-and-claim platform.• The collaboration expands multi-supplier access to verified SAF credits, supporting decarbonisation...
• €5 billion investment through 2027 expands Google’s St. Ghislain data center and creates 300 new jobs.• 110 MW in new carbon-free energy deals with Eneco, Luminus, and Renner to...
• Climate Investor Two surpasses $1 billion target to become the largest adaptation infrastructure fund in emerging markets.• Backed by $190 million in new commitments and a €205 million EU...
Mexico City Launch Strengthens Legal Frameworks for Climate Action UK-based legal nonprofit The Chancery Lane Project (TCLP) has released 17 climate-aligned clauses adapted to Mexican law, making them available in...
• Four projects funded under the European Maritime, Fisheries and Aquaculture Fund (EMFAF) will advance regenerative ocean farming and marine innovation.• Initiatives span Spain, Italy, Portugal, and Ireland, developing large-scale...
• India’s Central Electricity Authority unveils 6.4 trillion rupee ($77 billion) plan to transmit 76 GW of hydro power from the Brahmaputra basin by 2047.• The basin, spanning eight northeastern...
• The US has threatened sanctions on countries supporting an EU-backed global framework to cut shipping emissions.• The IMO proposal would introduce the first global pricing mechanism for maritime emissions,...
Airbus Targets Deep Emissions Cuts Across UK Operations Siemens has signed a strategic contract with Airbus to decarbonize three of the aerospace manufacturer’s largest industrial sites in the United Kingdom...
• The International Nut and Dried Fruit Council (INC) launches a first-of-its-kind certification tailored to the sector’s specific ESG challenges.• The framework aligns growers, processors, and traders around verified sustainability...
• Bureau of Land Management postpones Wyoming coal lease covering 365 million tons of reserves.• Montana auction earlier in the week drew only one bid at less than $0.01 per...
In this week’s ESG News Week In Review, renewable power overtook coal for the first time globally — a defining moment in the clean energy transition. The EU delayed new...
• The acquisition integrates GoBlu’s BHive® chemical compliance platform with Worldly’s environmental performance tools.• The merger advances data transparency and unification across 40,000+ manufacturers, brands, and retailers.• Aims to reduce...
• 19 of 25 World Bank executive directors back continued climate financing despite US opposition.• Directors representing 120 nations call for alignment with the Paris Agreement and a 45% climate...
• Highland Spring Group to deploy Altruistiq’s product footprinting platform across its operations until 2028.• Agreement will enable real-time cradle-to-gate carbon data for hundreds of SKUs, strengthening regulatory compliance and...
Austin startup aims to decentralize the grid Base Power, a fast-growing energy technology company based in Austin, has raised $1 billion in Series C funding to accelerate the rollout of...
Canada Expands Its Carbon Removal Frontier Deep Sky, the Montreal-based carbon removal project developer, has selected Manitoba as the site for one of the world’s largest carbon removal facilities. The...
• Morgan Stanley’s 1GT climate fund leads $60 million Series E to expand Corvus Energy’s global low-carbon maritime battery systems.• Consortium includes Just Climate and J. Lauritzen, targeting zero-emission shipping...
• Partnership to supply over 500,000 soil carbon removals verified under Verra’s VCS VM0042 standard.• Independent verification by SCS Global confirms 2.27 tCO₂e per hectare per year across 20,000 hectares.•...
In Mountain View, California, Google’s philanthropic arm today published its 2025 Impact Report, offering a detailed window into how it deploys capital, talent, and technology to address global challenges. The...
• Air New Zealand to purchase 8,000 tonnes of internationally verified, New Zealand-based carbon removals by 2030 through My Native Forest.• The deal aims to seed a high-integrity voluntary carbon...
• Sembcorp to acquire ReNew Sun Bright for S$246 million ($190 million), adding 300 MW of solar capacity in Rajasthan.• Acquisition raises Sembcorp’s total renewable capacity in India to 6.9...
• ACEA calls for easing EU CO₂ goals, arguing that full electrification by 2035 is unrealistic under current market and infrastructure constraints.• Proposals include extended compliance periods, hybrid credits, and...
• ISO 17298 offers a globally recognized framework for organizations to assess and act on biodiversity impacts and risks.• Developed by experts from over 60 countries, the standard aligns with...
• Appointment aligns with Nuveen’s expanded Global Infrastructure Investment Platform.• Papamantellos brings over 17 years of clean energy and investment leadership from RWE.• Move reflects growing institutional momentum toward large-scale...
• The European Commission has delayed the adoption of sustainability reporting standards for non-EU companies under the Corporate Sustainability Reporting Directive (CSRD) until at least October 2027.• The delay is...
• Mars’ first European Renewable Acceleration contract will deliver over 129 MWac of new solar capacity in Poland by 2027.• The projects, developed with GoldenPeaks Capital, will generate 222 GWh...
• Nestlé exits the Dairy Methane Action Alliance, joining a wave of corporate withdrawals from voluntary climate initiatives.• The alliance, launched in 2023 by the Environmental Defense Fund (EDF), seeks...
• Brookfield Global Transition Fund II closes at $20 billion, the largest private climate transition fund to date.• Additional $3.5 billion in co-investment brings total raised to $23.5 billion.• Over...
• Iberdrola leads €1 million financing round in Spain’s TRIBBU via its PERSEO innovation program.• The carpooling app aims to reach 15 million shared trips by 2027, cutting over 60...
A New Chapter in Sustainability Data Novata, a leading sustainability data management platform for private markets, has acquired Atlas Metrics, a top European sustainability performance and reporting firm, in a...
Advancing High-Integrity Carbon Markets Carbon removal platform Puro.earth has signed a Letter of Intent (LoI) with Indonesia’s Ministry of Environment and the Environmental Protection Agency to advance the country’s use...
• 69% of CEOs plan to allocate up to 20% of their budgets to AI in the next year.• 92% expect to expand headcount despite mounting global economic uncertainty.• CEO...
• Renewable generation reached 5,072 TWh in the first half of 2025, overtaking coal’s 4,896 TWh.• China and India accounted for the bulk of global solar and wind expansion, offsetting...
• Launch of MyPuro 2.0 aims to reduce certification timelines and enhance data integrity for carbon removal credits.• New architecture introduces API connectivity and digital monitoring (dMRV) integration for real-time...
• British International Investment’s (BII) $60 million investment supports the $510 million Green Investment Partnership (GIP) under Singapore’s FAST-P framework.• The initiative aims to close Southeast Asia’s $210 billion annual...
• Partnership targets climate-related private equity co-investments with measurable sustainability outcomes.• Builds on CalSTRS’ $333 billion portfolio strategy to scale its Sustainable Investment and Stewardship initiatives.• Expands Carlyle AlpInvest’s responsible...
• £27 million ($34 million) green loan backs HyMarnham Power, the first UK hydrogen facility under the Hydrogen Allocation Round 1 (HAR1) to reach commercial operation.• EIFO issues its first...
A Global Strategy Built on Local Innovation The LEGO Group is accelerating efforts to decarbonize its global manufacturing footprint, advancing projects in Europe and Asia designed to eliminate natural gas...
Paris Pact Broadens Scope for Circular and Low-Carbon Industry TotalEnergies and Veolia have expanded their long-standing partnership through a new memorandum of understanding that deepens collaboration on methane mitigation, water...
• $7 billion funding package extends Germany’s climate protection contracts to include carbon capture and storage (CCS) for the first time.• Targets heavy industries — chemicals, steel, cement, and glass...
• $2 billion in new sustainable loans issued across EVs, farming, and real estate• Part of NAB’s $80 billion environmental financing goal through FY2030• Surge in SME adoption of green...
• $13 million all-share deal strengthens Diginex’s ESG data and analytics portfolio across global markets.• Matter’s AI-powered sustainability datasets and APIs deepen integration with platforms including Nasdaq eVestment.• Acquisition enhances...
• $30 million facility marks ADB’s first sustainability-linked loan in Bangladesh, advancing green finance in the garment sector.• Funds will expand Envoy’s energy-efficient spinning operations and integrate 3.5 MWp of...
• 150 MW solar capacity paired with 75 MW, 4-hour battery storage system to enhance grid reliability under a 20-year PPA.• $18 million in projected local tax revenue and 300,000...
• Mercedes’ new electric CLA is produced with 40% fewer emissions than its predecessor through the use of low-carbon aluminium.• Norsk Hydro’s aluminium emits only 3 kg of CO₂ per...
Microsoft has expanded its renewable energy footprint in Japan, signing three new solar power purchase agreements (PPAs) with Shizen Energy that bring its total commitment with the developer to 100...
Dublin Report Targets Advertising’s Climate Footprint Ireland’s advertising sector has taken a collective step toward addressing its climate impact with the release of a new study that ties campaign effectiveness...
A Coalition Unravels The UN-backed Net-Zero Banking Alliance (NZBA), once the flagship coalition of global lenders committed to decarbonizing finance, has ceased operations following a membership vote. The decision closes...
Thiruvananthapuram Pushes ESG Into State Policy The Kerala Cabinet has approved a state-wide environmental, social, and governance (ESG) policy, making it the first Indian state to formally embed ESG principles...
Masdar has completed the €368 million ($392 million) acquisition of a near-50% stake in a portfolio of four solar photovoltaic plants in Spain, strengthening its position in one of Europe’s...
Türkiye’s largest private lender accelerates green finance Garanti BBVA, the Turkish arm of Spain’s BBVA, has digitized its sustainability loan offering, making it accessible through mobile and internet banking platforms....
Albany expands farm conservation finance New York is channeling $25 million into farm-based water quality projects, the largest single round of funding in the history of its Agricultural Nonpoint Source...
Paris Secures Funding for Nuclear-Linked Transition EDF has raised €1.25 billion (USD 1.35 billion) through a green hybrid bond issue, a financing move the French utility said will help extend...
A Leadership Transition at Apollo Apollo Global Management has named Jaycee Pribulsky as Partner and Chief Sustainability Officer, effective October 1, marking a significant leadership transition at one of the...
Paris Fundraise Backs Europe’s Climate and AI Ambitions European venture capital firm Serena has closed €200 million in commitments for its fourth flagship fund, drawing in a mix of long-term...
Rivian Breaks Ground on Georgia Expansion Rivian has launched a $1 billion electric vehicle (EV) manufacturing project in Georgia, deepening the United States’ commitment to clean transport and green industry...
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...
L&T expands sustainable financing portfolio Indian multinational Larsen & Toubro (L&T) has secured a $700 million Sustainability-Linked Trade Facility (SLTF) with Standard Chartered, advancing its access to capital tied to...
Singapore signals next stage in sustainable finance strategy The Monetary Authority of Singapore (MAS) has appointed Abigail Ng as its new Chief Sustainability Officer (CSO), effective 6 October 2025, marking...
In this week’s ESG News Week In Review: China announced its first absolute emissions cut target for 2035, while the EU delayed supply chain deforestation rules by a year. California...
Official logo of ESG News (C) 2025
