VictoriaMetrics Drives Efficiency in Gemini Solar + Storage Project VictoriaMetrics has partnered with IHI Terrasun Solutions to deliver advanced data management for the $1.2 billion Gemini Solar + Storage project,...
Iberdrola’s Milestone Investment in Sicily Iberdrola has secured a €100 million green loan from the European Investment Bank (EIB), backed by SACE’s Archimede guarantee, to construct a state-of-the-art photovoltaic (PV)...
Crusoe, the industry’s first vertically integrated AI infrastructure provider, has raised $600 million in Series D funding, valuing the company at $2.8 billion. Founders Fund led the round, joined by...
President Joe Biden has announced an ambitious 2035 climate target to reduce U.S. greenhouse gas emissions by 61-66% below 2005 levels. This builds on the U.S. commitment to achieve net-zero...
The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) has approved a $15 billion conditional loan guarantee to Pacific Gas & Electric (PG&E) for hydropower, battery storage, and grid...
Vanguard Renewables has appointed Michael O’Laughlin as its Chief Executive Officer, tasking him with accelerating the national growth of its Farm Powered® anaerobic digestion platform. O’Laughlin, an experienced leader in...
PwC has partnered with Oracle to launch new services that simplify data consolidation and reporting for multinational organizations facing complex compliance standards, including OECD Pillar Two, the Corporate Sustainability Reporting...
Canada has entered a new era of sustainability reporting with the release of CSDS 1 and CSDS 2, now included in the CPA Canada Handbook – Sustainability. These standards, crafted...
Deutsche Bank has facilitated a AUD 2.3 billion financing package for Global Power Generation Australia (GPG) to expand its renewable energy portfolio in the Asia Pacific region. Acting as the...
The International Finance Corporation (IFC), part of the World Bank Group, has issued a 2 billion SEK green bond dedicated to financing biodiversity initiatives in emerging markets. SEB served as...
Accenture has agreed to acquire IQT Group, an Italian provider of engineering managed services for large infrastructure projects, to advance its capabilities in planning and executing net-zero infrastructure initiatives. Expanding...
IOSCO has announced the launch of a dedicated network to support Growth and Emerging Markets Committee (GEMC) members in adopting or integrating ISSB Sustainability Disclosure Standards. The network initially includes...
Bill Gates’ Breakthrough Energy Catalyst has awarded a $40 million grant to Deep Sky, a Canadian startup building a cutting-edge test ground for Direct Air Capture (DAC) technologies in Alberta....
DP World UK has unveiled a Carbon Inset Programme Trial aimed at helping importers lower hard-to-abate Scope 3 emissions from containerized supply chains. Running from January 1 to June 30,...
EFRAG has delivered its technical advice on the Voluntary Sustainability Reporting Standard (VSME) for non-listed small and medium-sized enterprises (SMEs), a move set to streamline sustainability reporting and support SMEs...
Google has signed a 15-year power purchase agreement (PPA) with Copenhagen Infrastructure Partners (CIP) to secure 250MW of wind power from the Zeevonk project, a groundbreaking renewable energy initiative in...
United Microelectronics Corporation (UMC) has solidified its renewable energy commitment through a landmark CPPA with Fengmiao I Offshore Wind Farm, a project led by Copenhagen Infrastructure Partners (CIP). The agreement...
The News: Brown‑Forman Corporation, known for premium spirits like Jack Daniel’s and Woodford Reserve, has successfully engaged 100% of its direct farmers in regenerative agriculture, achieving its first sustainability goal...
The News: KPMG’s 2024 Survey of Sustainability Reporting highlights strong sustainability reporting progress among Belgian companies, driven by upcoming EU regulations and a growing focus on governance and transparency. Key...
The News: UPP Group Holdings, a leading provider of UK on-campus student accommodation, has secured its first sustainability-linked £110M corporate revolving credit facility (RCF) with Deutsche Bank. The deal links...
The News: Ecuador has completed a $1.5 billion debt-for-nature swap to fund the Amazon Biocorridor Program, unlocking $460 million for conservation efforts over the next 17 years. This is Ecuador’s...
The News: Google, Stripe, and other Frontier coalition members are investing $80 million in carbon credits to fund two firms deploying innovative carbon capture technologies at paper mills and sewage...
The News: The European Parliament approved a one-year delay for the EU deforestation law, which aims to ban products sourced from deforested or degraded land. Initially set to take effect...
The News: Japan has unveiled a draft energy policy targeting 40-50% renewable energy in its power mix by fiscal year 2040, alongside a steady reliance on nuclear power at 20%....
The European Securities and Markets Authority (ESMA) has published a Q&A to provide clarity on the Guidelines for funds’ names using ESG or sustainability-related terms. This guidance ensures a consistent...
Boston Consulting Group (BCG) has announced a 50,250-tonne purchase of certified carbon dioxide removals (CDRs) through ClimeFi, reinforcing its position as a global leader in durable carbon removal. This marks...
SAP has announced the global availability of SAP Green Ledger, a cutting-edge carbon accounting solution that integrates emissions data into financial systems. This marks a significant step toward connecting environmental...
The Department of Energy (DOE) has approved its largest-ever loan of $9.63 billion to BlueOval SK LLC (BOSK) to construct three electric vehicle (EV) battery plants. These facilities—one in Tennessee...
Google DeepMind’s latest AI weather forecasting model, GenCast, is revolutionizing how weather predictions are made. By outperforming the European Centre for Medium-Range Weather Forecasts’ (ECMWF) ENS system, GenCast delivers faster,...
The European Securities and Markets Authority (ESMA) has launched a consultation to gather input on digitalizing sustainability and financial disclosures through the European Single Electronic Format (ESEF). The goal? To...
The News: The European Union has finalized ambitious regulations requiring all packaging to be 100% recyclable by 2030. The comprehensive rules target the full lifecycle of packaging,emphasizing re-use, recycling, and...
Climate activists and ESG investors are rethinking their strategies for the anti-ESG age. The anti-ESG movement has been building for around three years now, but with the imminent arrival of...
UK’s Energy Revolution The UK government has launched its Clean Power Action Plan, aiming to secure energy independence and tackle the climate crisis by 2030. Energy Secretary Ed Miliband called...
Robin Hodess to Lead GRI as CEO The Global Reporting Initiative (GRI) has appointed Robin Hodess as its new CEO, effective February 2025. Hodess, currently Chief of Strategy and Impact...
Invesco Unveils Climate-Focused ETF Invesco Ltd. has launched the Invesco MSCI North America Climate ETF (KLMN), which debuted on the New York Stock Exchange with $2.4 billion in assets from...
Iberdrola and Kansai Team Up on Offshore Wind Iberdrola, a global leader in renewable energy, has partnered with Kansai Electric, Japan’s second-largest utility, in the €1.28 billion Windanker offshore wind...
Canada’s Plan to Green AI Infrastructure Canada’s federal government is exploring a $15 billion incentive to encourage domestic pension funds to invest in artificial intelligence (AI) data centers powered by...
Canada’s 2035 Emissions Target: Balancing Climate Action and Economic Growth Canada has unveiled an ambitious emissions reduction target of 45-50% below 2005 levels by 2035, reinforcing its commitment to achieving...
Groupe SEB’s 2030 ESG Roadmap Groupe SEB, a global leader in small domestic equipment, is doubling down on sustainability with its 2024-2030 ESG roadmap, unveiled during its ESG Investor Day....
Launching the CCIC Microsoft and Acadia Infrastructure Capital have partnered to launch the Climate and Communities Investment Coalition (CCIC), targeting a $9 billion pipeline of renewable energy projects across the...
Google has signed a landmark long-term agreement with carbon removal startup Terradot, combining equity investment with a commitment to purchase 200,000 tons of carbon removal credits by the early 2030s....
The Story: The Hong Kong government unveiled a roadmap to implement the International Financial Reporting Standards – Sustainability Disclosure Standards (ISSB Standards) across publicly accountable entities (PAEs) by 2028. This...
The Story: Microsoft has launched a groundbreaking datacenter design that consumes zero water for cooling, a significant step toward sustainability amid rising water stress. The innovative design employs chip-level cooling...
The Story: Stellantis and CATL are investing €4.1 billion in a joint venture to construct a state-of-the-art lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. The facility, targeting a...
The Story: California has delayed full enforcement of its climate reporting requirements, originally set to begin in 2026. The California Air Resources Board (CARB) announced it would use “enforcement discretion,”...
The Story: Ecuador has introduced a $1 billion bond as part of a debt-for-nature swap aimed at funding conservation efforts in the Amazon rainforest. This move builds on the success...
A new EY Institutional Investor Survey highlights growing skepticism and inaction within the investment community regarding ESG (Environmental, Social, and Governance) priorities. Investors wary of ESG reporting The survey of...
ING has introduced the ING Upgrader, an all-in-one service designed to make sustainable home improvements easier and more accessible for its mortgage customers. Launched on December 9, the service addresses...
German promotional bank KfW has unveiled plans to issue €10 billion in green bonds in 2025, further cementing its leadership in sustainable finance. The announcement came during its annual capital...
DWS has announced the first close of its ESG Infrastructure Debt Strategy (EIDS), securing €323 million from institutional investors across EMEA and APAC. This milestone highlights growing demand for sustainable...