Most Companies Still Investing in Sustainability—Just Not Talking About It A new report from EcoVadis reveals that U.S. companies are doubling down on sustainability investments—even as public discourse around ESG...
Global investment in circular economy business models has reached US$164 billion between 2018 and 2023, according to a new Circularity Gap Report (CGR®) Finance released by Circle Economy in collaboration...
ESG Assurance at a Crossroads KPMG’s latest ESG Assurance Maturity Index surveyed 1,320 executives and board members at companies with an average revenue of $16.8 billion. The 2025 report reveals...
The African Development Bank (AfDB) has approved a €100 million (US$116.4 million) loan to Morocco to support the country’s inclusive, solidarity-based agriculture program—focused on women and youth empowerment, food security,...
Howden, the global insurance intermediary, has been appointed by Gold Standard to independently assess insurance policies linked to the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). The move...
Berlin — ESG News: Germany’s Federal Ministry of Finance is preparing to reinstate its Sustainable Finance Beirat, the national advisory board tasked with guiding the country’s sustainable finance strategy. The...
What is the Passion Trap? The passion trap is the tendency for highly committed professionals to overinvest time, energy, and emotion in their work—especially when they care deeply about their...
1PointFive, a leading carbon capture, utilization, and sequestration (CCUS) company, announced a new carbon removal credit agreement with cybersecurity firm Palo Alto Networks. Under the agreement, Palo Alto Networks will...
Zelestra, owned by Swedish investment firm EQT, will invest between $1 billion and $1.5 billion in renewable energy infrastructure in Peru over the next five years, focusing on powering the...
General Motors has signed a non-binding memorandum of understanding (MoU) with Redwood Materials to accelerate the rollout of energy storage systems using GM’s U.S.-manufactured batteries and second-life electric vehicle (EV)...
MP Materials and Apple have signed a $500 million, long-term supply agreement that will enable Apple to use rare earth magnets manufactured entirely in the United States from 100% recycled...
DP World has partnered with enterprise climate platform Watershed to modernize and scale its sustainability reporting across European operations. Operating in over 75 countries, the logistics leader faced challenges with...
Drivers, businesses, and the public sector across the UK are set to benefit from a new £63 million government investment aimed at accelerating the electric vehicle (EV) transition, cutting charging...
In this powerful exchange, Dr. H.E. Gene Leon, Executive Director of the Development Bank for Resilient Prosperity calls for a fundamental rethinking of how we define value in finance—advocating for...
A Jaguar Land Rover-supported battery recycling project has secured £8.1 million in funding, including £4.05 million from the UK government, to recover critical minerals from end-of-life electric vehicle batteries. Spearheaded...
As Scope 3 pressures mount and Science Based Targets initiative (SBTi)’s Corporate Net Zero Standard (CNZS) V2.0 takes shape, real-world insetting case studies create a replicable path forward. In the...
CarbonBlue has launched the Midway pilot project—an industry-first system that integrates carbon dioxide removal (CDR) directly into a functioning brackish water desalination plant in Ma’agan Michael, Israel. This breakthrough marks...
Petrobras has elected Angélica Garcia Cobas Laureano as Executive Director of Energy Transition and Sustainability, further advancing the company’s strategic focus on decarbonization and clean energy while achieving a historic...
Vaulted Deep has signed a landmark agreement with Microsoft to deliver up to 4.9 million tonnes of durable carbon dioxide removal by 2038, representing the second-largest carbon removal deal on...
At the 2013 Paris Air Show, Airbus, Air France, Safran, and Total showcased their shared commitment to sustainable aviation by organizing the “Joining our Energies – Biofuel Initiative France” demonstration...
European banks have made notable progress in identifying, managing, and mitigating climate and nature-related risks, according to Frank Elderson, Vice-Chair of the ECB Supervisory Board. However, he cautioned that more...
Benchmark Gensuite, in collaboration with GIST Impact, has launched a Sustainability and Climate Risk Management Solution, designed to help global enterprises quantify and manage climate-related risks across their operations and...
The UK government has unveiled a comprehensive reform package to modernize the electricity market, confirming a decision to retain a single national pricing model while introducing strategic reforms aimed at...
Anjinho demands answers on lack of public consultation, impact assessment, and climate review What’s happening In a letter to Commission President Ursula von der Leyen, Anjinho questioned the Commission’s justification...
Schneider Electric has launched Zeigo™ Hub, a powerful new digital platform aimed at helping companies decarbonize their supply chains at scale and meet Scope 3 emissions targets. The launch reflects...
One Platform for Strategic ESG Management Datamaran, a market leader in AI-powered risk and governance tools, today launched the Datamaran Suite, a modular platform designed to give companies the tools...
PepsiCo and Cargill have announced a strategic collaboration to accelerate regenerative agriculture practices across 240,000 acres of Iowa farmland by 2030, focusing on their shared corn supply chain. “This partnership...
DHL Express and Neste have signed a landmark agreement that will see 9.5 million litres (7,400 metric tons) of Neste MY Sustainable Aviation Fuel™ supplied from July 2025 to June...
UK Launches Green Finance Pilot to Tackle Barriers to Emission Cuts Chancellor Rachel Reeves will direct UK financial regulators to address obstacles hindering businesses from cutting carbon emissions, as part...
The Global Reporting Initiative (GRI) has launched a global public consultation on its proposed Textiles & Apparel Sector Standard, advancing efforts to improve transparency and accountability in one of the...
Google has announced the world’s largest corporate clean energy agreement for hydroelectric power, signing a landmark deal with Brookfield Asset Management to secure up to 3,000 megawatts (MW) of carbon-free...
Unblock, a Latin America-based energy infrastructure startup, has raised $13.5 million in funding to scale its operations that transform wasted energy into computing power. The round was led by Goldcrest...
Singapore’s sustainable finance ecosystem has taken a significant step forward with the release of practical guidance for applying the Singapore-Asia Taxonomy (SAT), aimed at accelerating credible green and transition financing...
Prometheus Fuels has achieved a major commercial milestone, becoming the world’s first company to produce fully carbon-neutral e-Fuel from air using direct air capture (DAC) and off-grid renewable energy. Its...
In the presence of His Royal Highness Prince Abdulaziz bin Salman Al Saud, Minister of Energy, ACWA Power, the Water and Electricity Holding Company (Badeel), and Saudi Aramco Power Company...
Frontier has committed $1.75 million to support early carbon removal technologies through its fifth round of prepurchases, directing funds to three startups: Karbonetiq (U.S.), Limenet (Italy), and pHathom (Canada). These...
Indian renewable energy company SAEL Industries Ltd announced plans to invest ₹82 billion ($954 million) in constructing a 5-gigawatt-per-year integrated solar cell and module manufacturing facility in Greater Noida, Uttar...
The European Commission has adopted a set of “quick fix” amendments to the European Sustainability Reporting Standards (ESRS), granting large companies a two-year delay in disclosing additional ESG-related data under...
Zurich Insurance Group and Amundi have launched the Zurich Global Green Bond Fund, a tailored investment vehicle for Zurich’s Life insurance customers seeking access to the global green bond market....
Envision, a global leader in green technology, has officially commissioned the world’s largest and most advanced green hydrogen and ammonia facility — the first to operate off-grid and fully powered...
Shell, Accenture, and American Express Global Business Travel (Amex GBT) have jointly launched Avelia, one of the world’s first blockchain-powered digital book-and-claim solutions for Sustainable Aviation Fuel (SAF). With approximately...
ISS Sustainability Solutions, the sustainable investment arm of ISS STOXX, has launched a new Sovereign Climate Impact Report, designed to equip institutional investors, banks, and insurers with comprehensive tools to...
Microsoft and Carbon Direct have released the fifth edition of the Criteria for High-Quality Carbon Dioxide Removal (CDR), introducing robust standards for evaluating and scaling CDR technologies across nine pathways,...
Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (CI ETF I), and Danish waste management utility Vestforbrænding have entered into a long-term carbon removal offtake agreement with Microsoft via...
The California Community Choice Financing Authority (CCCFA) is preparing to issue $1 billion in green bonds to support a 30-year supply of clean energy for San Diego Community Power (SDCP)....
The Australian Competition and Consumer Commission (ACCC) has granted conditional authorisation for the Australian Sustainable Finance Institute (ASFI) and industry participants to collaborate on sustainable finance projects for the next...
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...
The LEGO Group, in collaboration with WWF Denmark, has launched the Planet Promise Design Guidelines—a new framework designed to embed socially and environmentally responsible narratives into LEGO® sets, stories, and...
The European Securities and Markets Authority (ESMA) has released its first Climate Transition Plan, marking a strategic shift to align its internal operations with the EU’s long-term climate goals and...
The Board of responsAbility Investments AG has appointed Nadia Nikolova as its next CEO, effective 1 September 2025, pending regulatory approval. She joins from Allianz Global Investors, where she was...
Sipchem has partnered with global supply chain risk management firm Achilles to enhance transparency, supplier performance, and ESG alignment across its operations. The petrochemical company, headquartered in Jubail Industrial City,...
Brussels – ESG News: The European Commission has launched a ‘Roadmap towards Nature Credits’ to attract private investment into biodiversity restoration and ecosystem preservation, rewarding businesses, landowners, and communities that...
ERM, the world’s largest specialist sustainability consultancy, has helped SSE and Equinor secure planning consent for the UK’s first hydrogen-to-power project — the Aldbrough Hydrogen Pathfinder — marking a key...
The European Commission has adopted a Delegated Act to streamline the EU Taxonomy framework, significantly easing the compliance load for financial and non-financial companies. The changes are part of a...
UK local authorities are significantly increasing their climate efforts, identifying £67 billion worth of climate projects, even as nearly half say budget constraints are impeding progress. This is according to...
The Luxembourg Stock Exchange (LuxSE) has launched the Transition Finance Gateway, a new initiative designed to spotlight transition efforts among over 500 non-financial corporate debt issuers and enhance transparency for...
Turkey is introducing mandatory sustainable aviation fuel (SAF) requirements for airlines and fuel suppliers to cut aviation emissions by 5% by 2030, according to its civil aviation authority. The initiative...
The Green Climate Fund (GCF) Board has approved a historic $1.225 billion in funding at its 42nd meeting, marking the largest amount ever allocated during a single session. The funds...
The UK government has launched its first-ever Onshore Wind Strategy, aiming to reverse nearly a decade of stagnation in the sector and deliver a major boost to its clean energy...
Phlair GmbH and Carbon Removal AS, through its subsidiary NorDAC Kollsnes AS, have signed an agreement to develop Europe’s first large-scale Direct Air Capture (DAC) and geologic CO₂ storage facility...
The International Sustainability Standards Board (ISSB) has released two exposure drafts proposing significant updates to the SASB Standards and aligned amendments to the Industry-based Guidance on Implementing IFRS S2. This...
IKEA Components has begun a major sustainability shift by phasing out plastic fitting bags and replacing them with paper-based alternatives—cutting approximately 1,400 tons of virgin plastic annually. The initiative is...
Salesforce has unveiled Agentforce for Net Zero Cloud, a next-generation AI-powered assistant designed to accelerate sustainability reporting, slash operational costs, and increase business efficiency by automating complex compliance tasks and...
Terra CO2, a U.S.-based low-carbon building materials company, announced it has secured $124.5 million in Series B funding to scale its commercial production of sustainable cement alternatives. The round was...
Allianz Commercial has launched its Climate Adaptation & Resilience Services (CAReS) platform to help businesses identify, evaluate, and reduce exposure to climate risks amid rising losses from natural catastrophes. The...
The European Commission has released a new Recommendation on Tax Incentives to support the Clean Industrial Deal (CID), a key pillar of the EU’s climate-neutral strategy. This initiative outlines a...
J.P. Morgan’s blockchain unit, Kinexys, has launched the next phase of its carbon market initiative, developing a blockchain-based application to tokenize global carbon credits. The solution—built on Kinexys Digital Assets,...
Mars Incorporated has announced a 1.9% absolute reduction in greenhouse gas emissions in 2024, reinforcing its continued ability to decouple environmental impact from economic growth. Since 2015, the company has...
The Global Reporting Initiative (GRI) has launched a global public comment period on proposed revisions to two of its core labor standards—Diversity and Inclusion and Non-Discrimination and Equal Opportunity—as part...
A coalition of eight countries — France, Spain, Kenya, Barbados, Somalia, Benin, Sierra Leone, and Antigua & Barbuda — has launched a global initiative to tax premium air travel and...
Dexter Energy, an Amsterdam-based climate tech firm, has raised €23 million in a Series C funding round to scale its AI-powered forecasting and trade optimization services for renewable energy and...
Corporate commitment to sustainability is intensifying, with 88% of companies globally identifying it as either a primary (53%) or partial (35%) driver of long-term value creation—up three percentage points from...
Climeworks, a global leader in Direct Air Capture (DAC) and carbon removal solutions, has raised $162 million in additional equity financing, marking the largest carbon removal investment round of 2025...
Zelestra, a global multi-technology renewable energy company, has secured an additional €235 million to expand its sustainability-linked loan facility, bringing the total to €770 million. The facility, initially signed in...
The European Commission has proposed an amendment to the EU Climate Law, setting a 2040 target to reduce net greenhouse gas (GHG) emissions by 90% compared to 1990 levels, in...
Hafslund Celsio has signed a landmark agreement to supply Microsoft with 1.1 million tonnes of permanent carbon removals over a 10-year period. The contract is a major boost for Hafslund...
Google has taken a bold step toward a fusion-powered future through a new partnership with Commonwealth Fusion Systems (CFS), signing the largest-ever direct corporate offtake agreement for fusion energy. Under...
Amazon has unveiled a groundbreaking fulfillment center in Nagoya, Japan, designed to integrate advanced geothermal and solar technology to minimize its environmental footprint. The facility is Amazon’s first globally to...
Toronto’s first Climate Week is bringing together investors, business leaders, policymakers, and innovators to explore how climate action is reshaping markets and creating new opportunities. With dozens of sessions happening...
Regulatory Uncertainty Meets Investor Demands 2025 is proving to be a pivotal year for corporate sustainability disclosures. Thousands of companies have filed reports under the European Union’s Corporate Sustainability Reporting...
IBM is moving to address one of the persistent bottlenecks in corporate climate reporting: the accuracy and usability of greenhouse gas (GHG) emissions data. The company has introduced the Envizi...
Sarawak bets on hybrid clean power Malaysia’s Sarawak state has secured one of its largest private renewable energy investments with Founder Group Limited and Planet QEOS Sdn. Bhd. committing MYR1.16...
Record Commitments from Berlin Berlin has confirmed it provided €11.8 billion ($13.81 billion) in international climate finance during 2024, a record outlay designed to strengthen developing countries’ ability to respond...
L&T expands sustainable financing portfolio Indian multinational Larsen & Toubro (L&T) has secured a $700 million Sustainability-Linked Trade Facility (SLTF) with Standard Chartered, advancing its access to capital tied to...
In this week’s ESG News Week In Review: China announced its first absolute emissions cut target for 2035, while the EU delayed supply chain deforestation rules by a year. California...
Oxford spin-out attracts global capital OXCCU, a University of Oxford spin-out developing sustainable aviation fuel from waste carbon, has raised $28 million in an oversubscribed Series B round. The financing...
Amsterdam bets on flexible carbon capture Dutch climate tech company Brineworks has raised €6.8 million (US $7.3 million) in fresh funding to advance a new form of Direct Air Capture...
Toronto is set to host its first-ever Toronto Climate Week (TOCW) from October 1–3, 2025, a grassroots initiative designed to unite climate action with culture, innovation, and community. The event...
Shipping and logistics giants DHL Global Forwarding and Hapag-Lloyd have deepened their collaboration on decarbonization, signing a three-year framework agreement that expands the use of sustainable marine fuels across Hapag-Lloyd’s...
Brussels Pushes Back Deadline The European Commission will delay implementation of the EU’s landmark deforestation law by another year, citing fears that its digital infrastructure cannot handle the compliance load....
Sacramento sets scope for sweeping disclosure regime California regulators have published a list of more than 4,000 companies that must begin disclosing greenhouse gas emissions and climate-related financial risks under...
Levi Strauss pushes renewable energy deeper into its supply chain Levi Strauss & Co. has unveiled a new initiative with Schneider Electric to accelerate renewable energy adoption among its supply...
Brussels Pushes Forward on SME Reporting Infrastructure The European Financial Reporting Advisory Group (EFRAG) has published two reports cataloguing more than 320 digital tools and platforms designed to help small...
Technology Enters Procurement’s Carbon Blind Spot Watershed has introduced a new AI-powered tool aimed at one of the most persistent challenges in corporate climate strategies: measuring and reducing Scope 3...
The PRI Awards 2025 celebrated innovation and impact across six main categories — nature, climate, human rights, responsible investment strategy, system stewardship, and communication — alongside three special awards. More...
Dallas Announcement Sets New Direction Frontier Infrastructure Holdings LLC has launched what it calls the first full-scale carbon management platform tailored for North America’s ethanol sector. In partnership with bioenergy...
London greenlights flagship CCS contracts Britain has signed contracts for two commercial-scale carbon capture and storage (CCS) projects, a step aimed at curbing emissions from some of the country’s most...