Following recent news of the purchase of ten electric locomotives from Wabtec, Union Pacific railroad has followed up by purchasing another ten from Progress Rail, a Caterpillar Inc. company. Union...
Copenhagen-based Nordic bank Danske Bank announced a series of new 2030 sector-based emission reduction goals, targeting several carbon-intensive sectors including shipping, energy utilities, and oil and gas exploration and production....
Eni has announced the establishment of a collaboration with Holcim to develop an innovative technology for the use of CO2 in a perspective of circularity and decarbonisation. The technology developed by...
Nordic financial services group SEB announced the completion of a new green bond offering, raising €1 billion with proceeds aimed at financing green loans. The bank reported strong demand for the...
Automotive manufacturer BMW Group announced today an agreement with steel producer Salzgitter to supply low carbon steel for all of BMW’s European plants, starting 2026. The deal marks the BMW’s...
Carbon capture and removal startup Verdox announced that it has raised $80 million in committed capital from investors including Bill Gates’ Breakthrough Energy Ventures, Prelude Ventures, and Lowercarbon Capital. The...
Beauty company Coty announced today that it has started production of the world’s first globally distributed fragrances made using carbon-captured ethanol. Ethanol is Coty’s top fragrance ingredient by volume. Coty’s...
Omnichannel beauty retailer Ulta Beauty announced today a new commitment to invest $50 million in 2022 to diversity, equity and inclusion (DEI) initiatives encompassing its brands, products, customers and employees....
Paris-based alternative asset manager Tikehau Capital announced two new leadership appointments for the firm’s decarbonization-focused North American Private Equity Climate Practice, adding Alexander Bell and Cristian Norambuena as Head and...
Global consultancy Bain & Company announced the appointment of François Faelli to the newly created position of Global Managing Partner of ESG. In his new role, Faelli will lead Bain’s...
Moody’s ESG Solutions Group announced the appointment of Tobias Lindbergh as Senior Vice President – Sustainable Finance, responsible for heading Moody’s Second Party Opinion business in EMEA & APAC. Moody’s...
Jeffrey Cohen was named managing director and head of ESG and corporate sustainability at alternative credit manager Oak Hill Advisors. It is a new position, a spokeswoman said in an email....
Upon full deployment, Sphere 3D will be one of the largest carbon neutral bitcoin miners in the world. Sphere 3D enters into an agreement to acquire 60,000 next-generation NuMiner bitcoin...
The Biden administration has made clear its intention to promote the transition to clean energy, setting ambitious goals like carbon neutrality for the power sector by 2035 and for the...
Billionaire founder of Galaxy Digital blames ‘misinformation’ for environmental concerns Michael Novogratz says Galaxt Digital now derives 80% of its crypto mining from renewable energy © Victor J. Blue/Bloomberg Galaxy...
Global law firms are increasingly guiding the issuance of sustainability-linked bonds from the region while brainstorming with clients to craft meaningful ESG goals. Environmental, social and governance (ESG) issues are...
Union Pacific today announced Beth Whited was appointed executive vice president – Sustainability and Strategy by the Board of Directors, effective immediately. In her new role, Whited will help develop and implement Union Pacific’s strategic...
Former CalPERS portfolio manager Andrew Karsh has left the $500 billion pension scheme to co-found sustainability focused venture capital firm Bay Bridge Ventures, Bay said on Thursday. The move comes...
• Less than 10% of climate finance reaches SMEs despite representing over 90% of global businesses.• The Impact Disclosure Taskforce’s SME Subgroup unveils a Whitepaper at Climate Week NYC offering...
EU Moves to Cut Scope of Sustainability Rules The European Parliament’s Legal Affairs Committee (JURI) voted on October 13 to approve sweeping reductions to two cornerstones of the European Green...
• 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...