Ørsted has achieved financial close on a TWD 90 billion (approximately DKK 20 billion) project finance package for its 632 MW Greater Changhua 2 offshore wind farm in Taiwan, backed...
In a significant blow to the European Commission’s anti-deforestation strategy, the European Parliament voted to reject the EUDR’s proposed country risk classification system—a key component underpinning its due diligence regime...
Masdar and Iberdrola have announced two major clean energy milestones under their €15 billion strategic alliance: a €5.2 billion ($5.6 billion)co-investment in the UK’s East Anglia THREE offshore wind farm...
JLR has become the first in the global automotive industry to commit to using tyres composed of more than 70% renewable and recycled materials on its vehicles—marking a major step...
Sumitomo Corporation, through its UK subsidiary Summit Energy Evolution Limited (SEEL), is investing in the development of a new CO₂ transport pipeline to serve Peak Cluster, a major carbon capture...
S&P Global Ratings has introduced a new assessment for sustainable bond issuances in the Amazon, applying its Second Party Opinions to evaluate alignment with the Amazonia Bond Guidelines (ABGs). These...
Veolia has begun construction on the UK’s first “tray-to-tray” closed-loop PET recycling facility, marking the launch of its largest UK plastics project to date. The £70 million ($90 million) investment...
Clarity AI, a global leader in sustainability-focused AI and data solutions, has acquired ecolytiq, a prominent provider of in-app climate engagement platforms for financial institutions. The move signals Clarity AI’s...
The UK government has secured a landmark £7.5 billion ($10 billion) investment agreement with Japan’s Sumitomo Corporation to accelerate clean energy and infrastructure development across Britain. The partnership, signed in...
Biorig, the renewable gases division of Spain-based Solarig, is scaling up its biomethane operations in Italy with a strategic investment exceeding €300 million by 2030. The initiative will include the...
The UK has announced a £12 million funding package aimed at bolstering disaster risk finance for climate-vulnerable countries—part of a broader strategy to position the UK as a global hub...
Tikehau Capital has announced a €1 billion capital raise to fuel the continued global expansion of Egis, its portfolio company and a leader in sustainable infrastructure, engineering, and mobility services....
Microsoft and Novata have joined forces to deliver scalable, AI-powered sustainability solutions to small and mid-sized enterprises (SMEs) worldwide. Novata will integrate Microsoft Azure AI Foundry—including Azure AI Search—and Microsoft...
Arbor, a pioneering Bioenergy with Carbon Capture and Storage (BECCS) company, has secured a $41 million carbon removal deal through Frontier, a coalition backed by Google, Stripe, Meta, Shopify, McKinsey,...
Indonesia, the world’s largest archipelago with over 17,000 islands, is making significant strides toward a sustainable energy future. At the forefront of this transition is the Cirata Floating Solar Farm,...
Siam Commercial Bank (SCB) has outperformed its sustainable finance goal, disbursing more than 180 billion baht in sustainable loans and bonds within just two and a half years—well ahead of...
In a landmark agreement, the Brazilian state of Piauí has partnered with Silvania, a natural capital investment platform, to launch a jurisdictional REDD+ (JREDD) carbon credit program aimed at halting...
Fujitsu has launched a major supply chain decarbonization initiative by collaborating with twelve global suppliers to exchange Product Carbon Footprint (PCF) data, a move aimed at advancing its net-zero target...
Sri Lanka doubles down on sustainable finance Dr. P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka (CBSL), unveiled the Sustainable Finance Roadmap 2.0 on May 5 in...
CapitaLand Investment (CLI) has released its 16th Global Sustainability Report, reinforcing its commitment to integrating ESG principles across fund and asset management. Key highlights include a rise in renewable energy...
• 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...
• The acquisition integrates GoBlu’s BHive® chemical compliance platform with Worldly’s environmental performance tools.• The merger advances data transparency and unification across 40,000+ manufacturers, brands, and retailers.• Aims to reduce...
• 19 of 25 World Bank executive directors back continued climate financing despite US opposition.• Directors representing 120 nations call for alignment with the Paris Agreement and a 45% climate...
• Highland Spring Group to deploy Altruistiq’s product footprinting platform across its operations until 2028.• Agreement will enable real-time cradle-to-gate carbon data for hundreds of SKUs, strengthening regulatory compliance and...
Austin startup aims to decentralize the grid Base Power, a fast-growing energy technology company based in Austin, has raised $1 billion in Series C funding to accelerate the rollout of...
Canada Expands Its Carbon Removal Frontier Deep Sky, the Montreal-based carbon removal project developer, has selected Manitoba as the site for one of the world’s largest carbon removal facilities. The...
• Morgan Stanley’s 1GT climate fund leads $60 million Series E to expand Corvus Energy’s global low-carbon maritime battery systems.• Consortium includes Just Climate and J. Lauritzen, targeting zero-emission shipping...
• Partnership to supply over 500,000 soil carbon removals verified under Verra’s VCS VM0042 standard.• Independent verification by SCS Global confirms 2.27 tCO₂e per hectare per year across 20,000 hectares.•...