Santiago ranks 126th in global traffic congestion, with commuters spending over 23 minutes at traffic lights on a typical 10-kilometer trip, according to the TomTom Traffic Index 2024. This stop-and-go...
The LEGO Group is expanding its sustainability efforts with a DKK 19 million commitment toward four carbon removal projects in collaboration with Climate Impact Partners and ClimeFi. The projects aim...
Microsoft is doubling down on carbon removal: The tech giant signed a 25-year agreement with Chestnut Carbon to secure more than 7 million tons of carbon removal credits. This marks...
Expanding Global Renewable Footprint Amazon and Iberdrola, a leading clean energy provider, have expanded their renewable energy partnership with an additional 476 MW in power purchase agreements (PPAs). This brings...
Rio Tinto and Hydro have signed a partnership agreement to explore carbon capture solutions for aluminium smelting. The collaboration will focus on identifying and assessing technologies to reduce CO2 emissions...
New Zealand has announced its second international climate target, aiming for a 51-55% reduction in emissions from 2005 levels by 2035, Climate Change Minister Simon Watts confirmed today. “We have...
BBVA reached its €300 billion sustainable business target one year early, exceeding its initial 2018-2025 commitment. The bank had progressively raised its goal, from €100 billion in 2018 to €200...
TA’ZIZ has awarded a $1.7 billion engineering, procurement, and construction (EPC) contract to SAMSUNG E&A to build the UAE’s first methanol production plant in Al Ruwais Industrial City, Al Dhafra...
Zurich Insurance Group has secured a long-term carbon dioxide removal agreement with Nellie, marking a milestone in commercial-scale engineered carbon removal. Why It Matters: After three years of development, Nellie’s...
Repsol has approved a landmark investment in Catalonia to build Europe’s first facility transforming municipal waste into renewable methanol—a crucial fuel for decarbonizing transport and promoting the circular economy. “This...
Britain submitted its climate action plan to the UNFCCC, confirming its commitment to cutting greenhouse gas emissions by 81% by 2035. This follows Prime Minister Keir Starmer’s pledge at COP29...
What’s new: The IFRS Foundation published Applying IFRS S1 when reporting only climate-related disclosures in accordance with IFRS S2, a guide aimed at helping companies navigate climate-specific reporting under ISSB...
Blueleaf Energy and Jakson Green are joining forces to develop a 1-gigawatt (GW) solar portfolio in Rajasthan, India. The $400 million investment aims to accelerate India’s clean energy transition. The...
The European Commission has launched the Competitiveness Compass, a strategic roadmap to drive technological leadership, economic resilience, and climate neutrality. The initiative addresses Europe’s lag in productivity growth by focusing...
A2A successfully placed its first European Green Bond, securing €500M with a 10-year tenor. The bond was met with strong investor interest, drawing orders worth €2.2B, leading to an oversubscription...
The Center for Sustainability and Excellence (CSE) has released its highly anticipated 2025 Annual Research Results, offering an in-depth analysis of Environmental, Social, and Governance (ESG) practices among North America’s...
TotalEnergies and STMicroelectronics have signed a physical Power Purchase Agreement (PPA) to supply renewable electricity to STMicroelectronics’ sites in France. The agreement, commencing in January 2025, guarantees 1.5 TWh of...
• 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,...