February 2023 Week-3; EIB approves €5.5 billion for energy, business, transport, health, and cities; DHL launches GoGreen Plus for opportunity to use SAF to reduce emissions; INEOS secures €3.5 billion for...
Brazil’s government on Friday announced the appointment of former Foreign Relations Minister Luiz Alberto Figueiredo as extraordinary ambassador for climate change. His nomination comes as the country’s new government pledges...
Canada has what it takes to be a clean energy and technology supplier of choice in a net-zero world. A net-zero emissions economy represents significant opportunities for Canadians – to...
Annual Report Highlights ZoomInfo’s Investment in People, Culture, Governance, and the Environment ZoomInfo, a global leader in modern go-to-market software, data, and intelligence, released its 2022 Sustainability Report. The annual report...
As part of its commitment to becoming net zero as a business and investor by 2050 to help the transition to a more sustainable world, AXA Investment Managers (AXA IM)...
China has launched a national wind and solar resources climate prediction model to enable provincial authorities to forecast energy demand and supply, the central government said on Friday. The model,...
The funding will allow AGGF to broaden its financing for climate-friendly projects in Africa The AfricaGoGreen Fund has made headlines with the announcement of its successful second fundraising close, securing...
The European Commission has approved, under EU State aid rules, a €460 million Spanish measure to support ArcelorMittal España in partially decarbonising its steel production processes. The measure will contribute to...
Jacobs announced that it closed an inaugural offering of $500 million of senior unsecured notes due 2033 under its newly published Sustainability-Linked Bond Framework. The Framework was developed as a crucial...
Eni Sustainable Mobility and PBF Energy Inc. announced they have entered into definitive agreements to partner in a 50-50 joint venture, St. Bernard Renewables LLC (SBR), for the biorefinery currently under...
FigBytes, creators of the leading environmental, social, governance (ESG) Insight Platform for strategy, data, reporting and stakeholder engagement, today announced it has been named as a Major Player in the...
TotalEnergies and Corio Generation, two of the world’s leading offshore wind and renewable energy developers, have signed a joint venture partnership to develop the Formosa 3 offshore windfarms in Taiwan. Under this...
India will exclude renewable power companies from government contracts for between three and five years if they do not meet project completion deadlines, a government order seen by Reuters shows,...
The European Investment Bank (EIB) has granted, with InvestEU support, a €50 million loan to Asja Ambiente Italia to co-finance the construction of nine photovoltaic and wind power plants in...
DOE and DOT Announce $7 Million for New Projects to Accelerate Decarbonization of Medium- and Heavy-Duty Freight Transportation, Releases Funding Notice of Intent to Increase Accessibility and Functionality of EV...
GoGreen Plus is part of Deutsche Post DHL Group’s sustainability goal of achieving net-zero emissions by 2050 DHL Express has announced the launch of GoGreen Plus, a new service that...
Amazon.com has granted 1.5 million euros ($1.6 million) to a Dutch project testing the viability of commercially growing seaweed in between turbines of offshore wind farms, the company and organisers...
bp took another step toward delivering on its transformation to an integrated energy company by announcing plans to invest $1 billion by 2030 into electric vehicle charge points across the...
The Board of Directors of the European Investment Bank (EIB) has approved €5.5 billion of new financing to support new green energy, business, transport, health and education across Europe and...
Environmental, social and governance has emerged as one of the core strategies in the wine industry to integrate sustainability into business goals and achieve sustainable growth. Environmentally friendly winegrowing practices...
Katten has announced the launch of its ESG Risk and Investigations practice led by partners Johnjerica Hodge and India D. Williams. The two will leverage their experience in environmental, social and...
New Jersey Governor Phil Murphy on Wednesday signed executive orders aimed at accelerating the state’s move to clean energy by 15 years, including electrifying buildings and transportation and planning for...
Boeing has agreements to purchase 5.6 million gallons (21.2 million liters) of blended sustainable aviation fuel (SAF) produced by Neste, the world’s leading SAF producer, to support its U.S. commercial...
Strategic hire will help manufacturers navigate increasing compliance and sustainability requirements Assent Inc., a leader in supply chain sustainability management, has appointed Aaron Korsen as Senior Vice President of Sales, North America....
Burgeoning urbanization, technology advancements and emphasis on sustainability have opened avenues of growth in the smart cities industry. ESG policies have received an uptake as cities continue to grow in...
Looper Textile Co. is a standalone joint venture owned 50% by H&M Group and 50% by Remondis. Looper intends to collect, sort and sell used and unwanted garments and textiles and thereby extend the highest use of...
2022 marked a step change in global recognition of the threat posed by deforestation. The United Nations echoed the Accountability Framework’s recommendation that companies and investors must eliminate deforestation from their supply chains...
First-of-its-kind purchase helps scale new, high-impact projects in Brazil, India, sub-Saharan Africa, and Southeast Asia that advance a just and inclusive energy transition Eight-year contract enables Salesforce to maintain its...
The World Bank (International Bank for Reconstruction and Development, IBRD) priced a five-year $50 million, principal protected Emission Reduction-Linked Bond that provides investors a return linked to the issuance of...
The European Commission has approved, under EU State aid rules, a €170 million Danish scheme to support the production of renewable hydrogen through Power-to-X (‘PtX’) technologies. The measure aims to...
Phoenix Group, the UK’s largest long-term savings and retirement business, has assigned £338 million of with-profits investment funds to a new multi asset climate solution which will be managed by...
The increased share of renewable electricity in production is one of the key contributors to why the total IKEA climate footprint decreased by 5% in absolute terms in FY22, compared...
JERA Co., Inc. has entered into a Memorandum of Understanding with Abu Dhabi National Energy Company P.J.S.C. (“TAQA”), one of the largest listed integrated utilities in the Middle East, that...
Grosvenor, a privately held property owner and developer with a 70-year track record in North America, celebrated another successful year of continued growth, with the announcement of several new developments,...
Deepa Poduval will guide the company’s sustainability strategy Black & Veatch, a leading global provider of critical infrastructure solutions, has named industry expert and Senior Vice President Deepa Poduval as...
The Lufthansa Group is further expanding its portfolio of sustainable travel offers and will be the world’s first airline group to offer a new product for more climate-friendly flying from...
GE Renewable Energy announced that is has been selected by German company wpd to supply 16 onshore wind turbines to three wind farms to be built in Landkreis Uelzen, Niedersachsen,...
Governor Ron DeSantis was joined by Senate President Kathleen Passidomo and House Speaker Paul Renner to announce comprehensive legislation to protect Floridians from the woke environmental, social, and corporate governance...
The European Investment Bank (EIB) and Iberdrola have signed a new agreement to accelerate Italy’s energy transition by developing new renewable energy plants. The EU Bank has granted a €150 million green loan for...
The European Commission has proposed ambitious new CO2 emissions targets for new heavy-duty vehicles (HDVs) from 2030 onwards. These targets will help to reduce CO2 emissions in the transport sector –...
The EU Parliament approved the new CO2 emissions reduction targets for new passenger cars and light commercial vehicles, part of the “Fit for 55” package. With 340 votes in favour,...
ESG and stakeholder capitalism will have a meaningful and lasting impact on US corporate boards, according to a new study by The Conference Board. 68 percent of survey respondents believe...
Iberdrola, the world’s largest producer of renewable energy, announced that it has been awarded its first floating solar power plant in France, with a total capacity of 25 megawatts peak (MWp), in...
The Commission has proposed detailed rules to define what constitutes renewable hydrogen in the EU, with the adoption of two Delegated Acts required under the Renewable Energy Directive. These Acts are...
The European Commission has approved, under EU State aid rules, a €2.08 billion French measure to support offshore wind electricity production in France. The measure will contribute to achieving France’s...
The following release below is from the SBTi: As the leading standard-setter and certification body for ambitious corporate climate action, the Science Based Targets initiative (SBTi) values feedback from climate...
Deutsche Bank’s Private Bank Germany and WWF Germany signed an agreement in Berlin for an initial two-year advisory service. The bank and the conservation organisation will work together in the...
INEOS Olefins Belgium has announced it has raised €3.5 billion to support the construction and operation of the most environmentally sustainable cracker in Europe. This is the largest investment in...
Verizon issued its Green Bond Impact Report, outlining the full allocation of the nearly $1 billion of net proceeds from its fourth green bond, which was issued in March 2022. In February...
February 2023 Week-2; Linde to invest $1.8 billion for clean hydrogen; MSCI launches tool for to analyze sustainability strategies; UK to launch Department for Energy Security and Net Zero; BofA to offer financing for...
American Water Works Company, Inc., the largest publicly traded U.S. water and wastewater utility company, announced that Lori Sutton will join the company as Chief Inclusion, Diversity and Equity (ID&E) Officer. ...
DOE’s First Ever Agency-Related Foundation Will Accelerate the Development of New Clean Energy Technologies, Help Communities Unlock the Benefits of a Clean Energy Future The U.S. Department of Energy (DOE)...
Meeting in Mumbai, European Investment Bank (EIB) Vice-President Kris Peeters and founder of global sustainability private equity firm GEF Capital Partners Raj Paj formally announced a $40 million commitment to the...
The Water Sector Governance and Infrastructure Support Project was jointly launched by the Honorable Minister of Water Supply, Abdul Khan and World Bank Country Director for Maldives, Nepal, and Sri Lanka,...
Dubai Islamic Bank, the biggest Islamic lender in the United Arab Emirates, is set to raise $1 billion from a sale of long five-year sustainable sukuk, a bank document showed...
The ACCF is a multi-donor trust fund that backs the African Development Bank Group’s target of tripling its climate financing and advancing Africa’s climate resilience Ireland and Austria have joined...
Wendy’s to reduce greenhouse gas emissions by 47% across its System, including Company operations, franchisees and top suppliers, by 2030 through newly validated science-based targets The Wendy’s Company announced near-term,...
Ethiopia has signed a landmark agreement with the World Bank’s BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL) that rewards community efforts to reduce carbon emissions by tackling deforestation and land and...
Matrix Renewables, the TPG Rise-backed global renewable energy platform, and BBVA have announced the closing of €40 million in sustainable financing to begin the construction of two solar plants, Zaratán and...
The Home Depot is partnering with DSD Renewables (DSD) to install 13 megawatts of solar power on the rooftops at 25 store locations in California. This is a part of...
Leading plant-based food and beverage company expands footprint for innovation and to increase manufacturing capabilities, double business by 2025 compared to 2020 SunOpta, a U.S.-based, global pioneer fueling the future...
Comcast announced the issuance of a $1 billion 10-year green bond, offering investors the opportunity to support environmental efforts such as those currently underway or under consideration as part of...
The following release is via Pinterest: Pinterest is sharing its first Environmental, Social, and Governance (ESG) Impact Report. Under the theme “Inspiring a Better Future”, the report highlights key initiatives...
Today in Mumbai Kris Peeters, Vice-President of the European Investment Bank (EIB), the bank of the European Union, formally agreed to join the India Hydrogen Alliance (IH2A) and increase support...
RWE , LOTTE CHEMICAL Corporation and Mitsubishi Corporation have formed a strategic alliance to jointly develop stable and large-scale clean ammonia (green and blue ammonia) supply chains in Asia, Europe...
CDP, the world’s environmental disclosure platform, launched a report analyzing disclosure from 18,600+ companies across 13 industries in 135 countries. The report assesses climate transition plan disclosure against 21 key...
New loan option enables consumers to finance electric vehicles and chargers together Bank of America announced that it will offer consumers the option of financing their residential electric vehicle chargers...
The Reserve Bank of India will soon issue guidelines for regulated entities to boost green finance and mitigate climate-related financial risks, the central bank governor said on Wednesday. “It has...
The global carbon credit trading platform Carbonplace has raised 45 million dollars in a seed funding round and has been incorporated as its own entity. BBVA, one of the nine founding banks,...
40% of token proceeds to be donated in food quantities to in-need NGOs, non-profits and charitable initiatives through Tokenization, NFTs and a P2E game. SuperFoodz.io debuts the highly anticipated and widely-discussed...
A new report from Escalent shows former ESG investment growth projections have come to a halt, and financial advisors have significantly decreased their use in the investment category despite affluent...
Nokia has announced a Sustainable Finance Framework that places sustainability as core to future stakeholder value and central to its business outcomes. The framework reinforces Nokia’s commitment to sustainable growth by ensuring its financing strategy supports the company’s recently enhanced...
Unit4, a leader in enterprise cloud applications for mid-market services organizations, has announced the Environmental, Social and Governance (ESG)-focused findings of its second annual Business Future Index. The survey found that...
EverWind Fuels, Point Tupper, Nova Scotia, Canada (CNW Group/EverWind Fuels Company) EverWind Fuels Company has received Environmental Approval for the initial phase of its $6 billion, 1 million tonnes per annum...
The Department for Energy Security and Net Zero will provide dedicated leadership focused on delivering security of energy supply, ensuring properly functioning markets, greater energy efficiency and seizing the opportunities...
Iberdrola continues to develop its commitment to talent, excellence and employability by participating in a new edition of the ‘Energy 4 Future’ scholarships, an action that is part of the company’s social...
In 2022, BBVA channeled €50 billion into sustainable business, up 41% from the €35.4 billion mobilized in 2021. The bank has now channeled a total of €136 billion since 2018,...
The World Bank issued a 3-year Chinese yuan denominated Sustainable Development Bond raising CNH 340 million (approximately US$50 million equivalent) due February 2026 while engaging with investors to raise awareness...
Pluglink, an electric vehicle charging platform, announced on the 7th that it signed an investment agreement with KDB KIAMCO, the largest alternative asset manager in Korea, for a total of KRW...
As new ESG and climate regulations move forward, MSCI Corporate Sustainability Insights gives listed companies access to metrics to set goals, track progress MSCI Inc., a leading provider of critical...
The European Commission has approved, under EU State aid rules, a Greek scheme to partially compensate energy-intensive companies for higher electricity prices resulting from indirect emission costs under the EU...
The value of traded global markets for carbon dioxide (CO2) permits reached a record 850 billion euros ($909 billion) last year, analysts at Refinitiv said on Tuesday. Around 12.5 billion...
Astra ESG Solutions Sustainable and innovative solutions, underpinned by ESG goals, have garnered immense traction in the paints and coatings industry. Substituting hazardous substances and minimizing energy demand have posed...
Carrier Global Corporation (NYSE: CARR), the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, today announced plans to reduce its greenhouse gas (GHG) emissions in line...
Altus Power, Inc., the premier independent developer, owner and operator of commercial-scale solar facilities, announced the appointment of Sophia Lee as its Chief Sustainability Officer, in addition to her current...
Acre, a sustainability-focused recruitment and executive search firm, has announced the addition of Gloria Mirrione as Head of Sustainable Finance & Impact investing, Americas. Based in New York, Gloria is...
The BMW Group is accelerating its ramp-up of e-mobility and poised to gain even more momentum with its next vehicle generation, the NEUE KLASSE. The share of 50 percent of...
GE Digital, an energy software leader, announced the world’s first end-to-end software portfolio, GridOS, built specifically for grid orchestration. Designed to modernize and transform the electric grid into the clean...
Goldman Sachs Asset Management, through its infrastructure investing business has established Verdalia Bioenergy, a new business focused on developing, acquiring, building and operating biomethane plants across Europe. The investment will...
Linde announced that it has signed a long-term agreement to supply clean hydrogen and other industrial gases to OCI’s new world-scale blue ammonia plant in Beaumont, Texas. Linde will build,...
February 2023 Week-1; OPEC Fund contributes $1.5 billion for sustainable development in 2022; Germany pledges $217 million to help Brazil defend Amazon Rainforest; EIB Group commits €17 billion for support of EU energy...
Sienna Investment Managers, GBL’s asset management company, has appointed Alix Faure as its Head of ESG to accelerate its plan to be a leader in sustainable asset management. Alix is...
RWE is taking big steps towards expanding its solar business in Europe. The company has started construction works on a 92-megawatt ac (MWac) ground-mounted photovoltaic project in Andalucia in the...
“We are delighted to explore cooperation opportunities with HH2E, as it is another step forward in our hydrogen strategy and will enable us to drive the structural change in our...
Sumitomo Corp and Chile power supplier Colbun have agreed to collaborate in production of green hydrogen and ammonia, the Japanese company said on Friday. The memorandum of understanding focuses on green...
WTW’s ESG Clarified joins the company’s market-leading analytics suite of offerings available through the RiskIQ platform WTW, a leading global advisory, broking and solutions company, introduced ESG Clarified, an analytics...
Expanding the Carbon Removal Rulebook The Integrity Council for the Voluntary Carbon Market (ICVCM) has approved a new suite of methodologies for engineered carbon dioxide removal (CDR), strengthening governance of...
A Life Devoted to Nature Dr Jane Goodall, the world’s most renowned primatologist and conservationist, died Wednesday at 91 while on a speaking tour in California, the Jane Goodall Institute...
A growing sovereign green bond market The Hong Kong Special Administrative Region has released its Green Bond Report 2025, providing a detailed account of how HK$240 billion (US$31 billion) in...
European businesses call sustainability a competitiveness issue A new survey of more than 2,500 senior executives across France, Germany, Italy, Spain and Poland reveals broad support for binding corporate sustainability...
Asia-Pacific Leaders Advance ESG Integration On the sidelines of UN General Assembly week, the United Nations Global Compact convened senior business leaders from Asia and Oceania for a closed-door Leadership...
Quality over Quantity Defines Luxury’s Next Phase The global luxury sector is navigating slowing demand, shifting consumer expectations, and a changing definition of value. According to the first EY Luxury...
New Capital for Expanding Energy Transition Services Nuveen has acquired a majority interest in Ally Energy Solutions, a U.S. provider of turnkey power and efficiency upgrades for commercial and industrial...
A Strategic Carve-Out in Solar TotalEnergies has sold a 50% stake in a 1.4 gigawatt (GW) solar portfolio across the United States to insurance vehicles and funds managed by KKR,...
Baton Rouge bets on carbon removal ExxonMobil has been selected to transport and permanently store carbon dioxide captured at AtmosClear’s planned biomass energy facility at the Port of Greater Baton...
New Pathways for Automotive Waste Porsche AG, BASF SE and Austrian technology firm BEST Bioenergy and Sustainable Technologies GmbH have completed a pilot project demonstrating the chemical recycling of complex...
A New Benchmark for Corporate Climate Expertise The Science Based Targets initiative (SBTi) has established the world’s first official register of certified experts qualified to guide companies through the complexities...
Oslo steps into global transition capital markets Norges Bank Investment Management (NBIM), manager of Norway’s $1.6 trillion sovereign wealth fund, has committed $1.5 billion to Brookfield Asset Management’s Global Transition...
Jakarta’s Waste Crisis Spurs New Energy Push Indonesia’s sovereign wealth fund, Danantara Indonesia, will roll out at least eight waste-to-energy plants by the end of October as part of a...
Brussels signs off on CBAM reform The Council of the European Union has adopted a regulation simplifying the bloc’s carbon border adjustment mechanism (CBAM), an instrument designed to prevent carbon...
Cyprus Decision Marks Next Phase Meeting in Europe’s most water-scarce country, the European Investment Bank (EIB) Group’s Board has adopted the second phase of its Climate Bank Roadmap, committing 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...