Key Statistics from the Report The London Stock Exchange Group’s report on “Investing in the Green Economy 2024” presents a comprehensive analysis of the growth, composition, and financial performance of...
The Science Based Targets initiative (SBTi) is inviting Financial Institutions (FIs) globally to participate in the pilot testing of the upcoming Financial Institutions Net-Zero (FINZ) Standard. This initiative offers a...
Temasek integrates an Environmental, Social, and Governance (ESG) framework throughout its investment processes, from pre-investment due diligence to post-investment engagement. This approach enables better management of material risks and advances...
Iberdrola, Europe’s leading electricity company, has successfully issued a 10-year green bond worth €750 million. This bond, with a coupon of 3.625%, saw demand exceed €4 billion from over 220...
Eesti Energia successfully issued its inaugural EUR 400 million green hybrid bond, listed on the London Stock Exchange. The raised funds will be invested in ongoing and planned green energy...
With comprehensive disclosure requirements now applying to tens of thousands of companies under the EU Corporate Sustainability Reporting Directive (CSRD), what does it mean for organizations that already use GRI...
Chris Stark Leads Mission Control to Deliver Clean Power by 2030 Energy Secretary Ed Miliband has appointed Chris Stark to lead the newly established Mission Control. This initiative is dedicated...
1PointFive, a leading company in carbon capture, utilization, and sequestration (CCUS), announced a groundbreaking agreement with Microsoft to sell 500,000 metric tons of carbon dioxide removal (CDR) credits over six...
Oxbury, Britain’s only fintech solely dedicated to farming, continues to lead the charge in sustainability with the release of its second annual Natural Capital Report. Launched in 2021, Oxbury’s mission...
Sirona Technologies, co-founded by a former Tesla engineer, has raised a €6 million seed round to tackle the ambitious goal of removing CO2 from the air on a massive scale....
Inditex’s Strategic Move Zara owner Inditex (ITX.MC) has acquired a stake in the U.S.-based sustainable agriculture startup Galy. This investment is part of Inditex’s broader strategy to support the sustainable...
The Canada Infrastructure Bank (CIB) has finalized a $100 million investment with GDI Integrated Facility Services Inc. (GDI) to fund comprehensive energy retrofits in aging buildings across Canada, significantly reducing...
The Asian Development Bank (ADB) has launched a climate finance program in Thailand, partnering with the Ministry of Natural Resources and Environment’s Department of Climate Change and Environment (DCCE). The...
Nuveen has secured approximately $200 million at the first close of its second global climate inclusion private equity strategy. This fund aims to tackle sustainable development challenges, including climate change...
ESG Reporting Intelligence (ESGRI) launches a free ESG health check, helping businesses globally prepare for mandatory ESG reporting. Small and medium enterprises (SMEs) often struggle with where to start their...
Boerse Stuttgart Group is expanding its market data offerings to include ESG data for cryptocurrencies, in response to the EU’s MiCA regulation. This regulation mandates crypto asset service providers to...
The SEC, in collaboration with CFA Institute and CFA Society Thailand, hosted a training seminar to advance the integration of ESG (Environmental, Social, and Governance) factors into securities analysis and...
A coalition of leading Canadian pension funds has submitted a letter to the Canadian Sustainability Standards Board (CSSB), urging it to reconsider proposed exemptions for sustainability reporting. This initiative underscores...
Mercedes-Benz Auto Finance Ltd. (MBAFC), part of the Mercedes-Benz Mobility group, has achieved a significant milestone by issuing its first Green Auto Loan Asset-Backed Security (ABS) in the Chinese Interbank...
Morningstar Strengthens ESG Leadership with Michelle Cameron Appointment Morningstar has appointed Michelle Cameron as the new Commercial Leader for Sustainalytics, its ESG research and ratings arm. Cameron brings nearly two...
• 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...