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...
In this first episode, Host Ed Whittingham dives into the world of Direct Air Capture (DAC), a technology that extracts carbon dioxide directly from the ambient air. Ed explores the...
ING announced today its climate targets have been validated by the Science Based Targets initiative (SBTi), marking it as the first global systemically important bank to align its emission reduction...
In this first episode, Host Ed Whittingham dives into the world of Direct Air Capture (DAC), a technology that extracts carbon dioxide directly from the ambient air. Ed explores the...
Amazon announced the launch of a carbon credit service, expanding its Sustainability Exchange to provide access to high-integrity, science-based credits. This initiative targets suppliers, business customers, and Climate Pledge signatories...
Iberdrola has successfully issued a €400 million green bond indexed to its share price, maturing in five years with a coupon rate of 1.5%. This bond allows investors to exercise...
Despite persistent headlines suggesting businesses are retreating from sustainability commitments, PwC’s second annual State of Decarbonization Report reveals steady, quiet progress toward corporate climate ambitions. Analyzing disclosures from over 4,000...
Apple Launches $99 Million China Clean Energy Fund to Reach 100% Renewable Supply Chain by 2030 Apple Inc. has launched its second China Clean Energy Fund, committing up to $99.3...
The Platform on Sustainable Finance (PSF), advising the European Commission, has proposed a voluntary “SME sustainable finance standard” aimed at easing access to sustainability financing for small and medium-sized enterprises....
JLL announced today it has agreed to acquire Javelin Capital, a North America-based investment banking firm specializing in renewable energy. The move significantly expands JLL’s capabilities within the U.S. Energy...
ESRS reporting has kicked off strongly in 2025, but early findings from KPMG’s “Real-time ESRS: FAST 50” report highlight significant disparities in how companies approach sustainability reporting. Dr. Jan-Hendrik Gnändiger,...
For World Water Day, Google released its 2025 Water Stewardship Project Portfolio summary report, highlighting progress and announcing four new global partnerships focused on sustainable agriculture. Chile: Enhancing Water Security...
Puro.earth announced the company officially surpassed a monumental milestone, the issuance of over 1 million CO₂ Removal Certificates (CORCs), each representing one tonne of verified carbon dioxide removed from the...
Berlin’s CleanTech innovator, C1 Green Chemicals AG, has closed a €20 million financing round to advance its green methanol technology to market—marking a significant milestone in the race to defossilise...
In an ESG News exclusive interview with Africa House Co-Founder Mamadou Toure at the World Economic Forum (WEF), highlighted Africa’s Strategic vision for economic development. The interview was conducted at...
Amid the influential discussions at the World Economic Forum, where global leaders shape the future of trillion-dollar economies, two social entrepreneurs are tackling a critical yet often overlooked challenge—creating economic...
Key Takeaways Germany’s Major Climate Investment Move Germany’s parliament has approved a €500 billion infrastructure and defense fund, with €100 billion allocated to climate and energy transition projects. This funding...
CDP, the global environmental disclosure platform, and EFRAG, Europe’s leader in corporate reporting, released a detailed correspondence mapping today, highlighting significant alignment between CDP’s question bank and the European Sustainability...
China’s Finance Ministry announced Wednesday that it plans to issue its first-ever overseas sovereign green bonds in yuan, totaling up to 6 billion yuan ($829 million), with London chosen as...
Nordea has signed a multi-year contract with Norwegian firm Inherit Carbon Solutions to capture and permanently store at least 68,000 tonnes of CO2, significantly bolstering its carbon removal strategy. “This...
The SEC announced a six-month delay for funds to comply with the recently amended Investment Company Act “Names Rule,” which ensures fund investments match their advertised ESG or sustainability strategies....
Equinix successfully issued SGD 500 million in green bonds, marking its inaugural entry into Singapore’s bond market and the first such issuance by a U.S. corporate in over five years....
The Science-Based Targets initiative (SBTi) has released a draft of its updated Corporate Net-Zero Standard, reaffirming a cautious stance on carbon credits while introducing practical measures for faster corporate decarbonization....
Sarasin & Partners, a leading investor co-leading climate negotiations with Equinor, has fully divested its holdings, criticizing the oil major’s failure to align its strategy with the Paris Agreement’s climate...
Upright has introduced the world’s first scalable database offering standardized double materiality assessments for over 50,000 companies. The platform is designed to simplify compliance with the Corporate Sustainability Reporting Directive...
Hong Kong Exchanges and Clearing Limited (HKEX) announced achieving carbon neutrality across its global operations by the end of 2024, marking a key milestone in its climate action strategy. Paul...
SBM Offshore today announced a global collaboration agreement with Microsoft to develop AI-driven, carbon-free floating power solutions, responding directly to rising global demand for reliable, affordable, and sustainable electricity. The...
8 Rivers has selected global engineering leader Wood to conduct preliminary front-end engineering and design (Pre-FEED) for its Wyoming carbon capture project in partnership with PacifiCorp, targeting a Q3 2025...
The Tokyo Metropolitan Government and Gold Standard have signed a Memorandum of Understanding (MoU) to bolster corporate decarbonisation initiatives within Tokyo. Under the agreement, Gold Standard Verified Emission Reductions (GSVERs)...
European Commission President Ursula von der Leyen announced a €4.7 billion Global Gateway investment in South Africa at the EU-South Africa Summit in Cape Town today. This marks the initiation...
AIB successfully raised €500 million through its seventh green bond issuance, reaffirming its leadership role in climate finance. This senior non-preferred bond will directly fund projects with distinct environmental benefits...
FireSat Revolutionizes Wildfire Detection The first satellite of the groundbreaking FireSat constellation has successfully launched, promising to transform wildfire detection and response by leveraging artificial intelligence. Developed through a collaboration...
Neste Corporation successfully issued a EUR 700 million green bond with a 5-year maturity, carrying a fixed coupon of 3.750% under its updated EMTN programme. The bond is set for...
Air Liquide successfully issued a €500 million green bond, reaffirming its commitment to sustainable growth as outlined in its strategic ADVANCE plan. The bond, maturing in March 2035, carries a...
Terna unveiled its 2025-2034 Development Plan today, committing over €23 billion to transform Italy’s electricity infrastructure, aligning with national and EU decarbonization and energy security targets. The ambitious infrastructure plan,...
Allianz demonstrated substantial progress on its climate strategy in fiscal year 2024, positioning itself as a benchmark in sustainability reporting and business resilience. The publication of the insurance industry’s first...
This Week’s Diversity, Equity, and Inclusion (DEI) Headlines – U.S. & Europe | March 15, 2025. DEI policies continue to evolve across corporations in the U.S. and Europe, with some...
Watch Jon Gosier Discuss Film & TV Funding with ESG News – Now Available for Streaming. At the World Economic Forum, Jon Gosier, CEO of FilmHedge, sat down with ESG...
Rio Tinto has partnered with Edify Energy through landmark hybrid services agreements (HSAs) to supply competitively priced, reliable renewable energy for its Gladstone aluminium operations. Under the new agreements, Rio...
Mercedes-Benz made the largest single volume purchase of Sustainable Aviation Fuel (SAF) through logistics giant DB Schenker, significantly advancing low-emission logistics. The record-setting procurement—approximately 13,000 tons of SAF—will slash Mercedes-Benz’s...
Demand for robust sustainability reporting has surged globally, prompting IFAC (International Federation of Accountants) to significantly update the International Education Standards (IESs). The revised IESs now embed sustainability competencies—including analysis,...
JTC, a publicly listed global professional services firm, has announced a strategic partnership with Novata, a sustainability technology company, to strengthen its sustainability services for asset managers and investors. The...
Clarity AI launched an AI-powered sustainability solution to transform ESG analysis, providing investment teams with real-time, automated insights instead of outdated, fragmented reports. Why it matters: Current ESG research is...
The Premier League has unveiled its Environmental Sustainability Strategy, outlining a comprehensive roadmap to reduce its carbon footprint, support clubs in adopting greener operations, and engage fans in sustainability initiatives....
Global Edge Worldwide Fund has announced a landmark $100 million commitment to ONE AMAZON, marking a pivotal step forward for tech-driven, sustainable investment in the Amazon Rainforest. ONE AMAZON leverages...
Terabase Energy, a pioneer in digital and automation technologies for utility-scale solar, secured a $130 million Series C funding round led by SoftBank Vision Fund 2, joined by strategic investors....
Thailand’s National Competitiveness Enhancement Commission approved China’s Sunwoda Electronic to invest over US$1 billion in manufacturing electric vehicle (EV) battery cells and energy storage systems (ESS), significantly boosting Thailand’s EV...
Capture6 completed a $27.5 million Series A and project funding round to advance its groundbreaking technology that converts waste brine from water treatment into freshwater and carbon capture solutions. CEO...
Ireland has announced a €15 million ($16.3 million) commitment to Brazil’s Amazon Fund, enhancing international efforts to halt deforestation and support sustainability in the world’s largest tropical rainforest. The donation...
EcoVadis unveiled its groundbreaking Carbon Data Network (CDN) at the Sustain 2025 conference, marking a critical advancement in Scope 3 emissions transparency and management. Built on a robust network of...
BNP Paribas Asset Management (BNPP AM) launched its new Venture and Impact platform, consolidating Ecological Transition and Impact, Fintech, and the Solar Impulse Venture Fund under one entity. The platform...
TotalEnergies and RWE have signed a landmark agreement to supply TotalEnergies’ Leuna refinery with 30,000 tons per year of green hydrogen, significantly reducing its carbon footprint. The 15-year deal, starting...
Aligned Climate Capital closed its second venture fund, Aligned Climate Fund 2 LP, at $85 million, marking nearly a 200% increase compared to its inaugural fund. This milestone aligns with...
Driving Sustainable Agriculture Through Innovation Chipotle Mexican Grill unveiled “Unfolded,” an animated short highlighting its “Food With Integrity” commitment to sustainable agriculture. The short film was uniquely premiered in the...
LEGO Group has significantly advanced its sustainability goals, sourcing half of its materials from sustainable options in 2024. This marks a notable increase from just 18% in 2023. Of the...
Britain’s top financial regulators have scrapped proposed new rules aimed at increasing diversity and inclusion in the financial sector, citing concerns over regulatory burdens on firms. The Prudential Regulation Authority...
NextEnergy Capital’s NextPower UK ESG (NPUK), the largest dedicated private fund for new-build solar in the UK, has successfully closed fundraising at £733 million—almost 50% above its original target. NPUK...
Effective immediately, the Ontario government has imposed a 25% surcharge on electricity exports to the United States, targeting power supplies to Michigan, Minnesota, and New York. This measure responds directly...
In response to increasing regulatory pressures and shifting consumer preferences toward sustainability, Google has launched Carbon Footprint for Google Ads, a new emissions tracking tool designed for advertisers. Adam Elman,...
The Sustainable Development Investments Asset Owner Platform (SDI AOP) unveiled SDI Outcomes, a groundbreaking solution offering investors transparent, comparable data to evaluate genuine sustainability outcomes from their investments. Launched by...
Brookfield Renewable announced plans to issue C$450 million in Series 19 Green Notes due October 12, 2035, with a 4.542% annual interest rate. Brookfield Renewable Partners ULC, a subsidiary, will...
Britain will invest £1.8 billion ($2.33 billion) in energy-saving upgrades through the Warm Homes Plan, targeting social housing residents struggling with high energy costs. The upgrades—including insulation, double glazing, solar...
CTP, Europe’s leading industrial and logistics property firm, completed a dual-tranche issuance of €1 billion in green bonds—two benchmarks of €500 million each at maturities of 6 and 10 years....
NorthStandard named Kate Kwiatkowska as its new Head of Sustainability, reinforcing the marine insurer’s strategic focus on ESG. Kwiatkowska joins from Fintel plc, where she was Head of ESG and...
America’s AI boom demands vast energy infrastructure—but risks massive carbon emissions. Climate-tech innovator Spiritus today announced a $30M Series A funding round, led by Aramco Ventures with participation from Khosla...
The Science Based Targets initiative (SBTi) has joined forces with Climate Action for Associations (CAFA) to fast-track corporate climate action across global trade associations. Leveraging SBTi’s expertise in setting science-backed...
India’s Tata Power Renewable Energy Ltd (TPREL) is exploring a significant renewable energy investment, aiming to develop 7 gigawatts (GW) of green energy capacity in Andhra Pradesh, potentially investing approximately...
Renaissance Fusion, Europe’s first magnetic confinement fusion startup, has raised €32 million ($33.2 million) in Series A funding to advance its nuclear fusion reactor and High Temperature Superconductors (HTS) technology....
The United States has officially withdrawn from the board of the United Nations’ “loss and damage” fund, designed to support nations devastated by climate-driven disasters. This decision was disclosed in...