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Convergent Energy and Power (Convergent), a leader in energy storage solutions, has closed a $584.5 million guaranteed loan from the U.S. Department of Energy (DOE) Loan Programs Office (LPO). This...
Amazon continues to dominate renewable energy procurement, securing its position as the largest corporate buyer for the fifth consecutive year, according to Bloomberg NEF. The company has supported more than...
Aegis Energy has secured a £100M investment from Quinbrook Infrastructure Partners to build the UK’s first clean, multi-energy refuelling hubs for commercial vehicles. The hubs will support fleets transitioning to...
Australia Invests $2 Billion in Aluminium The Albanese Labor Government is investing a record $2 billion into Australia’s aluminium sector, aiming to secure jobs and boost the industry’s future. This...
The European Commission is set to propose a ban on PFAS (“forever chemicals”) in consumer products, targeting their widespread use in items like cosmetics, non-stick pans, and industrial applications. Health...
The U.S. Department of Energy (DOE) announced a $15 billion loan guarantee to Pacific Gas & Electric (PG&E) for its Project Polaris, focusing on hydropower generation, battery storage, and grid...
A recent CDP Corporate Health Check reveals that 80% of companies on track to meet climate targets now tie executive pay to achieving these goals, underscoring the importance of governance...
The European Banking Authority (EBA) has launched a consultation on its draft Guidelines on Environmental, Social, and Governance (ESG) scenario analysis. The guidelines aim to guide institutions in adopting forward-looking...
Schneider Electric has announced its partnership with the Partnership for Carbon Accounting Financials (PCAF) as the first global sustainability consultancy to join PCAF’s Accredited Partnership Program, effective January 1, 2025....
JLL has announced the launch of its Energy Advisory and Sustainability practice to expand its sustainability offerings. Led by clean energy expert Josephine Tucker, this new team provides energy-focused services...
Italy, Albania, and the United Arab Emirates (UAE) have signed a groundbreaking €1 billion ($1 billion) agreement to construct a subsea energy interconnection across the Adriatic Sea. This project will...
The Clean Energy Finance Corporation (CEFC) has announced a $100 million investment in a pioneering build-to-rent (BTR) strategy led by AXA IM Alts. This initiative integrates clean energy technologies to...
Decarbonizing Canada’s electricity grids offers an unparalleled opportunity to cut emissions and spur economic growth, according to RBC Climate Action Institute’s latest report, Climate Action 2025: A Year for Rewiring....
Mars, Incorporated, the global maker of brands like Pedigree, M&M’s, and Ben’s Original, announced the appointment of Alastair Child as Chief Sustainability Officer, effective February 3, 2025. Alastair, currently Vice...
GuocoLand, a prominent real estate developer, has secured two green loans totaling S$1.24 billion ($908 million) from Singapore-based lenders DBS and Oversea-Chinese Banking Corp (OCBC), according to a statement released...
The U.S. Department of Transportation’s Federal Highway Administration (FHWA) has announced $635 million in grants to expand zero-emission electric vehicle (EV) charging and hydrogen refueling infrastructure. This funding, made possible...
The International Finance Corporation (IFC), a member of the World Bank Group, has issued its largest-ever social bond—a $2 billion, three-year bond aimed at supporting low-income communities in emerging markets....
Big names unite for climate action. ALDI, Avantor, and McCain Foods have joined the Supplier Leadership on Climate Transition (Supplier LOCT), a Guidehouse initiative aimed at reducing Scope 3 carbon...
The Philippines has partnered with UAE’s Masdar, signing a $15 billion deal to develop renewable energy projects, including solar, wind, and battery energy storage systems (BESS), with a capacity of...
Google dives into India’s carbon removal sector Google has partnered with Indian supplier Varaha to buy 100,000 tons of carbon credits through 2030. The credits come from biochar, a charcoal-like...
The European Investment Bank (EIB) and Societe Generale have announced an unprecedented collaboration to unlock €8 billion in investment for Europe’s wind industry. Central to this initiative is a €500...
SGS, a global leader in testing, inspection, and certification, has launched its Nature services, forming a pivotal pillar within its recently introduced sustainability suite, IMPACT NOW. This expansion focuses on...
Amazon has announced its largest-ever purchase of electric heavy goods vehicles (eHGVs), ordering over 200 eActros 600 trucks from Mercedes-Benz Trucks. These vehicles will join Amazon’s existing eHGV fleet later...
Ingka Group’s Ambitious Recycling Investment Ingka Investments, the financial arm of Ingka Group and the largest IKEA retailer, plans to invest €1 billion in recycling infrastructure. This initiative aims to...
IBM and L’Oréal have teamed up to create an industry-first AI foundation model designed to revolutionize cosmetic formulation. The collaboration aims to integrate sustainability into every product line by leveraging...
Gigablue, a leader in affordable carbon dioxide removal (CDR) technologies, has signed a landmark agreement with SkiesFifty to remove 200,000 tons of CO2 over the next four years. This agreement...
New York is making its largest-ever climate investment. Governor Kathy Hochul announced a $1 billion plan designed to combat climate change, create thousands of jobs, reduce energy costs, and lower...
Origis Energy, a leader in renewable energy and decarbonization, has closed a $415 million financing deal for its Swift Air Solar project in Ector County, Texas. The package includes construction,...
SHEIN has significantly ramped up its use of Cool Transfer Denim Printing in 2024, producing 380,000 denim pieces with this water- and energy-efficient method—a 90% increase from the previous year....
The Climate Investment Funds (CIF) Capital Markets Mechanism (CCMM) made a historic market debut with a $500 million inaugural bond. The bond, rated AA+/Aa1 by Fitch and Moody’s, drew global...
Apollo Global Management and Standard Chartered PLC have entered into a strategic partnership to accelerate financing for infrastructure and renewable energy projects worldwide. The partnership leverages Apollo’s sustainable investment platform,...
Mobilizing substantial capital: Global impact leader responsAbility Investments has advanced its Asia Climate Strategy to over $350 million in its third funding round, surpassing initial private sector capital mobilization goals....
AM Green, a leader in green hydrogen and ammonia production, has signed an MOU with global logistics giant DP World to create a sustainable supply chain for exporting green fuels...
The Global FoodBanking Network (GFN) faced a critical challenge: manual data reporting was consuming valuable resources, limiting their ability to scale operations and attract donors. To address this, GFN implemented...
CHEP, a Brambles company recognized as the #4 Most Sustainable Company in the world by TIME Magazine, continues to lead in environmental impact with the appointment of Sandra Elizabeth Leyva...
Marks & Spencer (M&S) has unveiled a significant step in its Plan A Net Zero by 2040 initiative, adding 85 lower-emission vehicles to its logistics fleet. This move underscores the...
Schroders has been entrusted with a £5.2 billion sustainable investment mandate by UK wealth manager St. James’s Place (SJP), marking a significant endorsement of Schroders’ sustainable and active investment expertise....
E.ON issued two bond tranches totaling €1.75 billion in early 2025 to cover most of its funding needs for the year. Details: E.ON CFO Nadia Jakobi emphasized the company’s proactive...
The National University of Singapore (NUS), in partnership with Northern Trust and UOB, has unveiled a groundbreaking initiative to tokenise green bond reporting credentials, a first for Singapore’s higher education...
SGS has acquired Aster Global Environmental Solutions, Inc., a leading company specializing in greenhouse gas (GHG) emissions validation, offsets, and corporate sustainability services. Founded in 2019, Aster Global strengthens SGS’...
In an exclusive interview with Marina Bird, Managing Director of ESG News Corp, Mercedes Vela Monserrate, CEO of the Global Climate Finance Center (GCFC) during Abu Dhabi Finance Week, outlined...
The Department of Energy (DOE) has closed a $1.67 billion loan guarantee for Montana Renewables, LLC (MRL) to expand its renewable fuels facility in Great Falls, Montana. This expansion aims...
S&P Global Commodity Insights reports a significant milestone in clean energy: cleantech investments, including renewable power, green hydrogen, and carbon capture, will surpass upstream oil and gas spending in 2025,...
The U.S. Department of the Treasury and the Internal Revenue Service (IRS) announced $6 billion in tax credit allocations for the second round of the § 48C Qualifying Advanced Energy...
The Treasury Department and IRS have announced new guidelines for the Clean Fuels Production Credit (Section 45Z), designed to cut GHG emissions from transportation fuels. The credit applies to sustainable...
The European Banking Authority (EBA) has released comprehensive guidelines on managing Environmental, Social, and Governance (ESG) risks. These regulations target EU financial institutions, requiring robust governance to mitigate risks related...
ISS ESG’s First Natural Capital Report: ISS ESG, the sustainable investment arm of ISS STOXX, released its inaugural report from the Natural Capital Research Institute: The Root Cause of Nature...
ERM, the world’s largest sustainability consultancy, supported HYTLANTIC’s GreenH2Atlantic project through its successful €62 million funding application to the EU Innovation Fund. This fund prioritizes projects that advance low-carbon technology...
By now, you have read a few 2025 forecasts. While no one knows the future, 2025 is shaping up to be a difficult year for Climate and Sustainability issues. Regular...
Indonesia’s Pertamina New & Renewable Energy (Pertamina NRE) has taken a significant step into the Philippine renewable energy sector through a strategic partnership with Citicore Renewable Energy Corporation (CREC). Under...
White Summit Capital has completed the first close of its Decarbonization Infrastructure Fund II, raising over €350 million, surpassing 50% of its €500 million target. Investors include the European Investment...
Retail’s Supply Chain Sustainability Challenge Retail supply chains generate emissions 11.4 times higher than operational emissions, driving urgency for comprehensive decarbonization efforts. Despite nearly 70% of corporations working to support...
EQT Transition Infrastructure has announced its acquisition of Scale Microgrids, a leading North American developer, owner, and operator of distributed energy systems, from Warburg Pincus and other shareholders. Why it...
AXA XL has appointed Katherine Gerber as Head of Energy Transition in the Americas. Reporting to Jon Tellekamp, Chief Underwriting Officer for Construction & Energy, Gerber will spearhead initiatives to...
Toyota Motor North America has received a $4.5 million grant from the Department of Energy (DOE) to accelerate electric vehicle (EV) battery recycling efforts. The initiative, led by the Toyota...
ERM, the world’s largest specialist sustainability consultancy, has launched the Council on Sustainability Transformation to drive corporate progress on sustainability amid economic and political pressures. The Council brings together senior...
Hybrid vehicles gain momentum Consumer interest in hybrid powertrains is growing as a cost-effective solution to rising fuel prices. According to Deloitte’s 2025 Global Automotive Consumer Study, 26% of U.S....
XOCEAN, a leader in ocean data services for offshore energy and civil hydrography, has secured €115 million in a funding round led by S2G Ventures, Climate Investment, Morgan Stanley’s 1GT...
UK-based renewable energy company Low Carbon has signed a 10-year Power Purchase Agreement (PPA) with Quebec-based carbon removal project developer Deep Sky. The agreement solidifies Low Carbon’s position as a...
Aon a global professional services leader, has appointed John Neal as Global Chairman of Climate Solutions and Global CEO of Reinsurance, effective after his notice period concludes. Neal’s role focuses...
Bayer and Neste have signed a memorandum of understanding to establish a winter canola ecosystem in the U.S., targeting its use as a raw material for renewable fuels. The partnership...
The financial services sector is navigating a fast-evolving landscape of ESG-driven innovation. Green investing has become a focal point, with 78% of investors willing to pay higher fees for ESG-aligned...
The Platform on Sustainable Finance (PSF) has launched a public consultation to gather feedback on updates to the EU Taxonomy, the EU’s classification system for defining sustainable economic activities. The...
A new report from Force for Good—”Technology as a Force for Good, 2025 Report”— highlights the transformative potential of technology to catalyze and create new markets, drive sustainable development, and create...
The Future of Jobs Report 2025 outlines how macrotrends, including technological advancements, economic shifts, and climate priorities, will reshape the labor market by 2030. The report, based on insights from...
ESG Reporting Intelligence has unveiled ESG Asset Management, a comprehensive solution designed to optimize ESG reporting and asset management strategies. The platform provides real-time data and tools to help organizations...
KPMG Singapore and the Singapore Institute of Directors (SID) have released their joint Budget 2025 Proposal, “Designing Singapore’s Future Together: Ready, Refreshed, and Resilient for Tomorrow.” The proposal outlines strategies...
Lauren Smart has been appointed Head of S&P Global Sustainable1, taking on the leadership role as the business merges with S&P Global Commodity Insights to create an expanded Energy Transition...
The Science Based Targets initiative (SBTi) has appointed David Kennedy as its new CEO after a competitive global recruitment process. Kennedy, a seasoned leader in sustainability and climate strategy, will...
The U.S. Department of the Treasury and IRS released final rules for the Clean Electricity Investment and Production Tax Credits under sections 45Y and 48E of the tax code. These...
Great Britain marked a milestone in 2024 as coal generation ended on September 30 with the closure of Ratcliffe power station. This marked the final chapter of 142 years of...
A New Chapter in Sustainability Leadership Chris Leong, who has served as Schneider Electric’s Chief Marketing Officer for 10 years, has been appointed Chief Sustainability Officer effective January 2025. In...
Leadership Transition at Terrascope Terrascope, a global leader in carbon measurement and decarbonization, appointed Felipe Daguila as its new CEO, effective January 7, 2025. Daguila, who joined the company in...
Navigating Stricter EU Emissions Rules To comply with the EU’s 2025 carbon emissions rules, major automakers are partnering with electric vehicle (EV) leaders like Tesla and Polestar to pool CO₂...
Modernizing EU Construction Standards The European Union’s new Construction Products Regulation officially takes effect, replacing the 2011 rules to modernize the industry and boost competitiveness across the EU Single Market....
Tangible Climate Action in Chile Chile received its first $5.1 million payment under the Emission Reductions Payment Agreement (ERPA) with the Forest Carbon Partnership Facility (FCPF) for reducing 1.03 million...
Historic Clean Energy Partnership Constellation, the largest U.S. producer of emissions-free energy, secured over $1 billion in contracts with the U.S. General Services Administration (GSA) to supply carbon-free energy and...
Pioneering Carbon Storage in Kern County The U.S. Environmental Protection Agency (EPA) issued four Class VI Underground Injection Control (UIC) permits to Carbon TerraVault (CTV), a subsidiary of California Resources...
From Climate to Human Capital Robeco’s Active Ownership team is expanding its engagement themes for 2025, prioritizing deforestation, resource management, and diversity. The new approach builds on its longstanding climate-focused...
Philippine’s SEC Issues Draft Framework for Green Equity Offerings The Philippine Securities and Exchange Commission (SEC) has unveiled a draft memorandum circular outlining the Green Equity Guidelines, a framework designed...
President Biden has taken decisive action to protect U.S. coastal waters from offshore oil and gas drilling, conserving over 625 million acres of the Atlantic, Pacific, and Northern Bering Sea....
XDI (Cross Dependency Initiative) unveiled the XDI Climate Risk Hub at New York Climate Week, introducing a comprehensive platform for on-demand climate risk analysis across industries and geographies. “This platform...
The UK Government has committed £7.2 million to help developing countries transition to nature-positive economies. The International Nature Positive Economy Programme, announced by Treasury Lords Minister Baroness Penn at the...
The World Bank kicked off its 2025 funding program with an Australian dollar (AUD) 1.75 billion 5-year Sustainable Development Bond, maturing January 10, 2030. The bond, offering a 4.35% fixed...
Mizuho Securities, in collaboration with Blue Sky Solar, is pioneering renewable energy funding in Japan through private security token issuance (STO). This marks Japan’s first-ever tokenized infrastructure private equity fund,...
The U.S. Department of the Treasury and IRS released final rules for the section 45V Clean Hydrogen Production Tax Credit, aiming to drive industry growth while meeting stringent emissions standards....
Heidrick & Struggles has expanded its Climate & Sustainability Practice, reinforcing its commitment to global leadership in climate solutions. The expansion, led by Global Head Scott Atkinson, adds four senior...
Poland’s power-grid operator PSE announced a $15.4 billion (64 billion zlotys) investment plan spanning 2025 to 2034. The plan includes: Renewable Energy Focus: PSE’s infrastructure upgrades will enable the delivery...
Indonesia’s Energy and Mineral Resources Minister Bahlil Lahadalia signed a decree allocating 15.6 million kilolitres (KL) of biodiesel for 2025, increasing the biodiesel blend to 40% (B40) by February. “The...
Fervo Energy, a pioneer in next-generation geothermal energy, announced $255 million in new funding to accelerate the deployment of its enhanced geothermal systems (EGS) projects. The funding includes $135 million...
The Johannesburg Stock Exchange (JSE) is revamping its Sustainability Disclosure Guidance to reflect the finalized IFRS S1 and IFRS S2 standards issued by the International Sustainability Standards Board (ISSB) and...
U.S. Banks Leave NZBA Amid Political U.S. Banks Leave NZBA Under Political and Legal Pressure Morgan Stanley, Citi, and Bank of America have joined Wells Fargo and Goldman Sachs in...
Norway’s Electric Milestone In 2024, 89% of new cars sold in Norway were fully electric, marking a significant leap from 82% in 2023, according to data from the Norwegian Road...
Financial Close for Empire Wind 1 Equinor has secured over $3 billion in project financing for Empire Wind 1, with financial close reached in December 2024. The project’s total capital...
JPX’s ESG Tool Launch Japan Exchange Group, Inc. (JPX) and JPX Market Innovation & Research, Inc. have introduced the “JPX Sustainability Information Search Tool (Beta Version)” to enhance sustainability-related disclosures...
Portugal’s Renewable Energy Milestone Portugal’s renewable energy generation hit a record 71% in 2024, marking a significant leap from 61% in 2023, according to grid operator REN. REN stated, “This...
Qatar’s Sustainable Finance Surge In 2024, Qatar set a regional benchmark by issuing $2.5B in green bonds to fund environmentally friendly projects, marking a new era for sustainable finance. Invest...
Japan’s Carbon-Neutral Drive Japan’s Prime Minister Shigeru Ishiba unveiled the “GX 2040 Vision” at the Yomiuri International Economic Society event, outlining a transformative industrial policy rooted in ESG principles. “Carbon...
JSW Energy, led by billionaire Sajjan Jindal, has announced a $1.47 billion acquisition through its JSW Neo Energy unit to buy renewable energy platform O2 Power’s subsidiaries. This significant deal...
Poland’s state development fund, PFR SA, is positioning itself as a key player in the country’s energy transition by becoming an anchor investor in green bond sales. This move is...
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