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The BBC has unveiled its first Climate Transition Plan, outlining its roadmap to achieve Net Zero emissions by 2050. This milestone reflects the Corporation’s dedication to building a sustainable organization...
Stockholm Exergi’s landmark bio-CCS project Stockholm Exergi has secured government funding of over SEK 20 billion in the Swedish Energy Agency’s reverse auction to develop a bio-CCS (bioenergy with carbon...
Colesco’s First Close Secures Over €800M Colesco Capital, a sustainability-led direct lender, has achieved a significant milestone, raising over €800 million in its first platform close. APG and Rabobank, both...
Qatar is accelerating its commitment to sustainable development with a $2.5 billion (QR9.10bn) green bond initiative targeting renewable energy projects, infrastructure improvements, and environmentally friendly real estate development. Michael Brady,...
Deutsche Bank, acting as Lead Arranger, Original Lender, and Hedge Counterparty, has closed a $722 million AUD debt financing for Stages 1 and 2 of Quinbrook Infrastructure Partners’ (Quinbrook) Supernode...
DHL Express has signed a landmark agreement with Cosmo Oil Marketing Co., Ltd. To purchase 7.2 million liters of Sustainable Aviation Fuel (SAF) annually, beginning April 2025. This initiative marks...
The UK Government has officially announced the launch of a Deposit Return Scheme (DRS) in October 2027. The long-anticipated initiative aims to boost recycling rates by offering financial incentives for...
Rockefeller’s Focus on Nature Risks: At the World Economic Forum’s 55th Annual Meeting in Davos, The Rockefeller Foundation announced a $500,000 grant to TNFD. This funding will enhance TNFD’s global...
Luxury automaker JLR is investing £65M to expand and modernise its global paint operations, aligning with its Reimagine strategy to meet net zero goals while responding to soaring demand for...
The Case for ESG Reporting Environmental, social, and governance (ESG) reporting has become a non-negotiable aspect of modern business. Stakeholders—investors, customers, and regulators alike—demand transparency and accountability in sustainability efforts....
Michael Bloomberg, founder of Bloomberg LP, UN Special Envoy for Climate Ambition and Solutions, and former New York City mayor, has pledged to fund U.S. obligations under the Paris Agreement....
EIT InnoEnergy, the European Union-backed leader in sustainable energy innovation, closed 2024 with €4.3 billion raised for its portfolio of cleantech start-ups and scale-ups, cementing its role as a key...
The International Auditing and Assurance Standards Board (IAASB) and the International Ethics Standards Board for Accountants (IESBA) have introduced integrated standards to strengthen sustainability reporting and assurance practices. These measures...
2024 marked a transformative year for the Green Climate Fund (GCF) as it advanced its mission to empower developing nations facing the climate crisis. Here’s how GCF delivered tangible progress...
Schroders, a leading global active investment manager, announced its intention to adopt all four of the Financial Conduct Authority’s (FCA) Sustainability Disclosure Requirements (SDR) labels, covering 16 funds. This move...
Shein, a global leader in fast fashion, has appointed Mustan Lalani as its Global Head of Sustainability. The move reflects Shein’s increasing focus on sustainability amid growing scrutiny of its...
BlackRock has launched the BFM Brown to Green Materials Fund, a UK-domiciled mutual fund designed to accelerate the decarbonisation of industries critical to the low-carbon transition. This includes sectors like...
The Securities and Exchange Commission (SEC) has strengthened its ESG Product Platform by incorporating critical details about Sustainable and Responsible Investing (SRI) Funds, enhancing access to sustainability-themed financial products. This...
EU’s Omnibus Proposal Faces Industry Backlash A coalition of 11 global corporations, including Unilever, Nestlé, Mars, and DP World, has urged the European Commission not to dilute existing sustainability reporting...
The European Investment Bank (EIB) has reached a significant milestone, delivering €1 billion in green financing for Greek small and medium-sized enterprises (SMEs) and mid-caps. This funding supports renewable energy,...
CEOs See Economic Growth Ahead Nearly 60% of CEOs worldwide predict global economic growth will rise over the next 12 months, according to PwC’s 28th Annual Global CEO Survey, launched...
A climate financing fund launched by the European Investment Bank (EIB) and Allianz Global Investors (AllianzGI) has finalized its size at €450 million with a recent €20 million contribution from...
EcoVadis unveils a Corporate Sustainability Reporting Directive (CSRD) questionnaire designed to help companies navigate increasingly complex supply chain disclosure requirements. Available as part of EcoVadis’ sustainability intelligence suite, the new...
Orennia Inc. has announced the successful close of its Series C growth financing round, led by Decarbonization Partners—a collaboration between BlackRock and Temasek—alongside contributions from existing investors. The funding will...
re.green and Microsoft Double Down on Forest Restoration in the Amazon and Atlantic Forests Doubling down the impact: Less than a year after the start of our first collaboration, we...
Saudi Arabia’s Minister of Tourism, Ahmed Al-Khateeb, announced the Kingdom’s significant investments exceeding $500 billion in creating sustainable tourism destinations. Speaking at the Saudi House pavilion in Davos, he emphasized...
“Film and television finance (media production lending) is an emerging asset class that institutional investors want to better understand,” commented Jon Gosier, CEO of FilmHedge. “Our conversations at Davos have...
BNP Paribas Asset Management (BNPP AM) announced the final close of its BNP Paribas Solar Impulse Venture Fund (BNPP SIVF), securing €172 million in capital. This exceeded the initial target...
Schneider Electric, in partnership with Liminal Insights, has developed a joint offering that integrates Liminal’s ultrasound-based metrology and analytics solutions with Schneider Electric’s automation and industrial intelligence ecosystem. This integrated...
Expanded ESG Framework The SSE, under the China Securities Regulatory Commission (CSRC), released Guide No.4 for listed companies and Guide No.13 for the STAR Market. These documents enhance the implementation of Guidelines No.14, introduced earlier,...
Standard Chartered CEO Bill Winters projected that the bank will generate close to $1 billion in income from its sustainability-focused operations in 2025. Speaking at the World Economic Forum in...
Ukraine’s largest private energy company, DTEK, announced plans to invest €450 million ($468.59 million) to expand its Tyligulska Wind Power Plant near the Black Sea coast. This project, set to...
KKR, a leading global investment firm, has announced a binding agreement to acquire Dawsongroup, a prominent asset leasing company. This partnership will accelerate Dawsongroup’s sustainable growth and fleet decarbonization efforts....
A $1.5 billion plan to protect the Amazon rainforest was unveiled at the World Economic Forum in Davos. The initiative, called the “Race to Belém,” is led by carbon markets...
American Express Global Business Travel (Amex GBT) has introduced an integrated emissions-based carbon pricing solution. This innovative system allows businesses to calculate and apply carbon fees for air travel, enabling...
Gravity, a leading carbon accounting and energy management platform, announced a $13 million Series A funding round, led by Ansa Capital and joined by Eclipse, Hanover, Caffeinated Capital, and other...
The European Bank for Reconstruction and Development (EBRD) has appointed Gianpiero Nacci as its Managing Director for Climate Strategy and Delivery (CSD), effective 1 January 2025. This appointment comes as...
Algebris Investments has launched its first venture capital fund, Algebris Climatech, with an initial close of approximately €60 million. Institutional investors, including major Italian pension funds and CDP Venture Capital,...
Etihad Rail, the operator of the UAE National Railway Network, has introduced the region’s first-ever “CO2 Emission Avoidance and Reduction Certificates.” The initiative quantifies and validates carbon savings achieved by...
Schneider Electric has launched Schneider Charge Pro in Europe, a robust and energy-efficient EV charging solution designed to accelerate adoption among commercial fleet owners and multifamily residences. The solution aligns...
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...
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