Excelsior Energy Capital, a leading independent renewable energy investor in North America, announced the final close of its Excelsior Renewable Energy Investment Fund II, LP at just over $1 billion,...
Airbus and Qantas have committed AUD$15 million to Climate Tech Partners (CTP)—a climate-focused venture capital fund—to drive innovation in Sustainable Aviation Fuel (SAF) and other aviation decarbonisation technologies. The announcement,...
JFE Steel Corporation is advancing its decarbonization agenda with the construction of a high-efficiency, large-scale electric arc furnace at its Kurashiki facility in West Japan. The company announced today that...
Microsoft has signed a milestone offtake agreement with CO280, committing to purchase 3.685 million tonnes of permanent carbon dioxide removal over 12 years. The carbon will be captured from boiler...
At the 2025 World Economic Forum in Davos, South African tycoon Dr. Iqbal Survé, founder of Sekunjalo Group, unveiled a $2 billion AI chip design startup poised to compete with...
Will.i.am, entrepreneur, technologist, and founder of multiple philanthropic initiatives, joined Africa House and co-founder Mamadou Toure at the 2025 World Economic Forum to discuss the evolving intersection of artificial intelligence...
FilmHedge Founders Mickey Vetter and Jon Gosier join ESG News to discuss how they’re transforming the film and TV financing landscape. As content demand from streamers, networks, and studios reaches...
AI’s Power Surge Redefines Energy Demand Artificial intelligence is reshaping the energy landscape, with a dramatic rise in electricity consumption forecast for data centres as AI adoption scales. A new...
Verra has officially registered the Tond Tenga project in Burkina Faso, the first initiative to use a Verified Carbon Standard (VCS) methodology approved under the Integrity Council for the Voluntary...
GreenLine Mobility Solutions, a logistics firm backed by the Essar Group, is accelerating its green transportation goals with a $1 billion investment—including $275 million in equity from its promoters and...
Abu Dhabi Future Energy Company PJSC – Masdar has completed its acquisition of 100% of TERNA ENERGY SA, following the conclusion of a mandatory tender offer and a squeeze-out process...
Carbon Direct has appointed Rory Jacobson as Head of Policy, reinforcing its leadership in carbon management with one of the most experienced voices in U.S. carbon removal policy. Jacobson most...
ESG Book, in partnership with Boston Consulting Group (BCG), has launched LEO, a cloud-native platform designed to simplify and accelerate sustainability disclosures for corporates and financial institutions. Built with Google...
The European Securities and Markets Authority (ESMA) has published the findings of its 2024 Common Supervisory Action (CSA) on environmental, social, and governance (ESG) disclosures under the Benchmarks Regulation (BMR)....
The global push toward net-zero emissions by 2050 is not a lofty ambition—it’s an essential strategy to secure long-term economic resilience and mitigate climate risk. As the world faces intensifying...
Hosted by: Ed Whittingham, renowned climate expert and policy advocateGuests: Jan Wurzbacher, co-founder of Climeworks; Lucy Hargreaves, Corporate Affairs and Climate Policy at Patch; Jim McDermott, co-founder and managing partner...
Eni is preparing to sell a second minority stake in Plenitude, its renewables and retail arm, expecting the business to be valued above €10 billion ($11B), including debt. “We have...
OneStream has launched a new ESG Reporting & Planning solution to help CFOs and Finance leaders meet growing ESG compliance and performance demands—while connecting sustainability data directly to financial outcomes....
What’s happening U.S. President Donald Trump signed a sweeping executive order on Tuesday directing the federal government to block state-level climate policies that restrict fossil fuel use or promote environmental...
Platts, a division of S&P Global Commodity Insights, will launch a daily market assessment for Australian Safeguard Mechanism Credits (SMCs) on May 5, 2025.This new benchmark is designed to improve...
Carbon Equity just closed €105M for its third climate fund — a clear signal that private capital continues to move into the climate tech space, even as broader market sentiment...
J.P. Morgan Asset Management has closed its Campbell Global Forest & Climate Solutions Fund II at $1.5 billion, exceeding its initial $1 billion target. The close marks a major step...
Edmond de Rothschild has appointed Eric de Tessières as Group Chief Sustainability Officer, reinforcing its longstanding ESG commitment. He reports directly to Deputy CEO Cynthia Tobiano and began the role...
Singapore expands its global carbon market framework with a new bilateral Implementation Agreement with Chile, marking its fifth such pact under Article 6 of the Paris Agreement. This legally binding...
The European Securities and Markets Authority (ESMA) is pushing forward with critical reforms that will shape the future integrity of the European Green Bond market. The new Consultation Paper details...
The European Commission is weighing a major shift in its climate strategy — allowing international carbon credits to count toward its 2040 emissions goal, per sources familiar with the talks....
Occidental Petroleum’s carbon capture unit, 1PointFive, secured critical EPA permits to sequester CO₂ underground from its direct air capture (DAC) facility, Stratos, located in Ector County, Texas. The permits were...
New York’s Department of Environmental Conservation (DEC) released draft regulations mandating annual greenhouse gas (GHG) emissions reporting for high-emitting sectors starting in 2027. Covered entities will report emissions from the...
The Bezos Earth Fund and Global Methane Hub have committed $27.4 million to launch the Global Methane Genetics initiative, an ambitious international program to breed livestock that naturally emits less...
The EU is aiming for net-zero emissions by 2050—while also driving global competitiveness. A new policy roadmap, The AI Opportunity for Europe’s Climate Goals, outlines how AI can help deliver...
Climate Asset Management has made its first U.S. forestry investment with the acquisition of a 68,000-acre timberland asset in Washington State’s Olympic Peninsula. The transaction was completed in Q4 2024...
The EU Emissions Trading System (ETS) continues to show strong results, with greenhouse gas emissions in covered sectors falling by 5% in 2024, according to a new report from the...
AIP Management has agreed to invest in Silicon Ranch, a leading U.S.-based independent power producer with a community-first model and 3.6 GW of operating capacity. This is AIP’s second investment...
Neste and DB Schenker have joined forces to accelerate low-emission logistics in Asia-Pacific, kicking off a trial that marks the first use of Neste MY Renewable Diesel™ for road transport...
IAG and Microsoft have expanded their 2023 agreement for Sustainable Aviation Fuel (SAF), extending it by five years in what is now the most extensive Scope 3 SAF commitment on...
The European Commission has approved a €3.26 billion disbursement to France after concluding the country fulfilled all required milestones under the Recovery and Resilience Facility (RRF), part of the EU’s...
Reforestation startup Mombak has closed a R$100 million ($17.8 million) deal with Santander Brasil and Brazilian development bank BNDES to scale its Amazon restoration efforts. The agreement marks the first...
Britain is rolling back parts of its Zero Emission Vehicle (ZEV) Mandate in a bid to protect its auto industry from the fallout of new 25% tariffs on car imports...
PAI Partners has secured Science Based Targets initiative (SBTi) validation for its firmwide decarbonization goals. This recognition supports the firm’s commitment to slashing emissions at both the General Partner (GP)...
Goldman Sachs Alternatives has acquired Atlas-SSI, a North American water management solutions provider, in a move that underscores the rising demand for sustainable water infrastructure. The acquisition, led by Goldman’s...
Western Macedonia is undergoing a radical transformation. PPC Group’s €5.75 billion investment plan repurposes former lignite sites into a green energy and technology hub for Greece and Southeastern Europe. “PPC...
BBVA and the EIB Group (comprising the European Investment Bank and the European Investment Fund) have launched a €93 million synthetic securitisation backed by InvestEU, unlocking up to €185 million...
Terradot is accelerating global carbon removal with science-backed ERW at scale. The climate tech company has signed a deal with Microsoft to remove 12,000 tonnes of CO₂ between 2026 and...
The Avoided Emissions Platform (AEP) launches with the backing of Mirova, Robeco, Edmond de Rothschild AM, I Care by Bearing Point, and Quantis (a BCG company). The initiative aims to...
ISS ESG, the sustainable investment arm of ISS STOXX, has launched a Sustainability Bond Rating that offers investors a new way to assess the sustainability impact and risk of labeled...
Petrobras and the Brazilian Development Bank (BNDES) have signed a Memorandum of Understanding to launch ProFloresta+, an unprecedented initiative aimed at purchasing carbon credits generated through Amazon reforestation. The project...
Carbon removal must scale dramatically to meet global climate goals. The Intergovernmental Panel on Climate Change (IPCC) estimates that 100–1000 billion metric tonnes (GtCO₂) must be removed by 2100 to...
The International Air Transport Association (IATA) has officially launched the Sustainable Aviation Fuel (SAF) Registry under the Civil Aviation Decarbonization Organization (CADO). This critical platform aims to drive the aviation...
BBVA continues its commitment to sustainability by training 466 SME suppliers in 13 countries, an 11% improvement over last year’s participation. This initiative is part of the Sustainable Suppliers Training...
Savor, a trailblazing food tech company, has officially launched its agriculture-free butter, a first-of-its-kind innovation that eliminates the need for animal or plant-based fats. The commercial debut marks a major...
The European Parliament has voted to adopt the European Commission’s “stop-the-clock” directive, delaying implementation timelines for key sustainability regulations: the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due...
TotalEnergies has finalized three major acquisitions, strengthening its global renewable energy portfolio and reinforcing its multi-energy strategy. The deals span Europe, Africa, and North America, adding significant capacity in solar,...
Swiss pharmaceutical giant Roche announced its long-term and short-term greenhouse gas (GHG) reduction targets, validated by the Science Based Targets initiative (SBTi), aligning with the 1.5°C Paris Agreement goal. By...
Hosted by: Ed Whittingham, renowned climate expert and policy advocateGuests: Ken Caldeira, Senior Scientist at Breakthrough Energy; David Keith, founder of Carbon Engineering and professor at the University of Chicago...
Hafslund Celsio is pioneering the first-ever carbon capture retrofit at its waste-to-energy facility in Oslo, potentially revolutionizing carbon removal practices across Europe. The facility processes 350,000 metric tons of sorted...
Japan’s MUFG has named Stephen Jennings as its first Chief Sustainability Officer for Europe, the Middle East, and Africa (EMEA), enhancing its efforts to guide clients toward sustainable business models....
China will officially enter the global green sovereign bond market Wednesday, issuing its inaugural 6 billion yuan ($825 million) bond on the London Stock Exchange. This issuance, anticipated for years,...
Quanta Global Capital Limited (“Quanta”) has announced a $10 billion green bond issuance, featuring a five-year maturity and an annual coupon of 7.5%. Structured into 100,000 Preferred Notes priced at...
Helin Cox, a seasoned chemical engineer known for scaling critical climate technologies globally, has been appointed Chief Technology Officer at Climeworks. Her extensive expertise spans technology commercialization, industrial scale-up, and...
Intertek, a global leader in Total Quality Assurance, has unveiled a comprehensive suite of solutions aimed at helping companies meet stringent EU Deforestation Regulation (EUDR) requirements affecting commodities like wood,...
The Speeki Academy, a new training platform, aims to empower executives and professionals navigating ESG and corporate responsibility challenges through tailored, expert-led courses. Available courses immediately address critical areas: Future...
Schneider Electric has partnered with sustainability platform One Click LCA, making comprehensive Environmental Product Declarations (EPD) data for over 50,000 electrical products widely accessible. This addresses the longstanding scarcity of...
Japan’s Government Pension Investment Fund (GPIF) has outlined a comprehensive policy to ensure long-term, stable investment returns by prioritizing sustainability-focused investments, incorporating ESG (environmental, social, and governance) and impact considerations...
NORD/LB Norddeutsche Landesbank and the European Investment Bank (EIB) today announced a EUR 165 million financing partnership aimed at accelerating renewable energy deployment across Europe. The financing was formalized at...
Legal & General (L&G) has launched its Nature and Social Outcomes strategy, deploying $235 million (£183M) in emerging markets to support nature conservation and sustainable development — pushing the firm’s...
Vale partners with GIP in $1B renewable energy joint venture. Vale announced Monday it will sell a 70% stake in its Brazilian renewable energy arm, Alianca Energia, to U.S.-based investment...
Tying executive compensation to sustainability isn’t just a governance trend—it’s a powerful lever to drive long-term value. A global review of 375 large publicly listed companies reveals that nearly 8...
lululemon is pushing the frontiers of sustainable apparel with a new multi-year collaboration with biotechnology firm ZymoChem to scale a bio-based version of nylon 6,6 — a key material in...
Gasunie is betting big on green energy to keep Dutch industry alive. The state-owned gas grid operator announced plans to invest €12 billion ($13 billion) by 2030 to speed up...
Mizuho Financial Group has solidified its commitment to carbon removal technologies by joining the NextGen CDR Facility, a collaborative carbon credit purchasing initiative led by NextGen CDR AG, a joint...
Stellantis, Europe’s second-largest automaker, has reaffirmed its commitment to purchasing CO₂ credits from Tesla’s emissions pool in 2025, even with the European Commission’s recent compliance delay. This strategic move highlights...
Norway’s sovereign wealth fund is making a bold clean energy move — investing €1.4B ($1.5B) to acquire a 49% stake in two offshore wind farms under construction in Germany and...
Australia’s financial regulator, ASIC, has issued its new Regulatory Guide 280 (RG 280), clarifying compliance expectations under the country’s mandatory climate reporting law. The law, enacted in September 2024, requires...
ESG News is proud to announce the official launch of Scrubbing the Sky, a groundbreaking 4-part mini-series podcast dedicated to exploring the cutting edge of carbon removal, climate technology, and...
Equinor, Shell, and TotalEnergies announced a NOK 7.5 billion investment decision to launch phase two of the Northern Lights carbon capture and storage (CCS) project. The decision follows a key...
The SEC voted today to stop defending its rules requiring companies to disclose climate risks and greenhouse gas emissions. Acting Chairman Mark T. Uyeda called the disclosure requirements “costly and...
Exus Renewables, a global independent power producer (IPP), announced a 10-year Power Purchase Agreement (PPA) with Google for the Cascante wind farm in Navarra, Spain. The partnership is pivotal in...
SPS Commerce has released its 2024 Environmental, Social, and Governance (ESG) Report, underscoring the company’s continued dedication to sustainable business practices and responsible corporate growth. CEO Chad Collins emphasized, “At...
Airbus announced a pilot program running through 2025 to test a “Book and Claim” model, enabling operators to “book” SAF quantities and “claim” emission reductions—even if the fuel is used...
BDO has appointed Jonathan (Jono) Szoke as Director to head its expanding ESG due diligence practice within the Deal Advisory team. Szoke, holding a master’s degree in environmental management, brings...
EU member states have approved the Council’s position on the “Stop-the-clock” mechanism aimed at simplifying EU sustainability regulations and enhancing business competitiveness. “Simplification is one of the priorities of the...
Spiritus, a leader in direct air capture (DAC) technology, has appointed Brian Higgins, PhD, as Vice President of Technology Innovation, and Scott Kongkitisupchai, PhD, as Senior Director of Engineering. Both...
Saudi Aramco, in collaboration with Siemens Energy, launched the Kingdom’s first Direct Air Capture (DAC) test unit, capable of removing 12 tons of CO2 per year from the atmosphere. This...
IKEA Australia’s latest FY24 sustainability report confirms significant climate action achievements, demonstrating profitability aligned with environmental stewardship. “We have reduced our operational climate footprint by 89% since FY16, while growing...
Schroders Greencoat, the specialist renewables manager within Schroders Capital, acquired a 49% share in Repsol’s 400 MW renewable portfolio, valued at €580 million. The portfolio consists of eight wind farms...
The British Standards Institution (BSI) has introduced groundbreaking government-backed standards, the Overarching Principles Standard (BSI Flex 701), to boost investment in nature-friendly projects across the UK. This pioneering standard—the first...
Pentagreen Capital, a sustainable infrastructure financing platform founded by HSBC and Temasek, and British International Investment (BII) have jointly launched an $80 million financing facility with ib vogt Singapore to...
The IFRS Foundation today launched the Jurisdictional Roadmap Development Tool, a key pillar of its Regulatory Implementation Programme, designed to guide jurisdictions in effectively adopting International Sustainability Standards Board (ISSB)...
Microsoft and RMI’s report “Impact Accounting Methodology for Building Construction” presents an innovative approach designed to substantially reduce greenhouse gas emissions in construction, specifically targeting the embodied carbon in building...
Renewable energy capacity surged by a record 585 gigawatts (GW) in 2024, reaching a total global capacity of 4,448 GW—marking the fastest annual growth rate ever at 15.1%, according to...
Swedish renewable energy developer OX2 has appointed Rebecca Karlsson as the new Chief Communications and Sustainability Officer. Karlsson, previously Head of Sustainability at OX2, has been with the company for...
Masdar, the UAE’s clean energy leader, announced a strategic partnership expansion with Endesa S.A., investing €184 million for a 49.99% stake in four Spanish solar plants totaling 446 MW. The...
InnoEnergy, the impact investor driving clean tech innovation, has unveiled ambitious plans to mobilize up to €160 billion in clean tech investment by 2030, reflecting its Vision 2030. The significant...
Swedish power utility Vattenfall confirmed its final investment decision for the Nordlicht 1 and 2 offshore wind projects in Germany’s North Sea, marking a major step toward Germany’s renewable energy...
Fidelity International has raised an additional €110 million ($119 million) for its Real Estate Logistics Impact Climate Solutions (LOGICs) fund, bringing the total raised since March 2024 to over €310...