Tag: Decarbonization
Mizuho Bank has become the first Japanese financial institution to sign a Memorandum of Cooperation (MoC) with Invest India, marking a significant step in strengthening sustainability and decarbonization-focused investments in...
The U.S. Green Building Council (USGBC) has introduced LEED v5, a major overhaul of its globally recognized green building certification system, aimed at delivering higher-performance, lower-carbon buildings while increasing investor...
Despite persistent headlines suggesting businesses are retreating from sustainability commitments, PwC’s second annual State of Decarbonization Report reveals steady, quiet progress toward corporate climate ambitions. Analyzing disclosures from over 4,000...
Berlin’s CleanTech innovator, C1 Green Chemicals AG, has closed a €20 million financing round to advance its green methanol technology to market—marking a significant milestone in the race to defossilise...
EcoVadis unveiled its groundbreaking Carbon Data Network (CDN) at the Sustain 2025 conference, marking a critical advancement in Scope 3 emissions transparency and management. Built on a robust network of...
The European Commission has launched the Clean Industrial Deal, a sweeping business plan aimed at reinforcing industrial competitiveness, reducing emissions, and securing Europe’s clean energy future. The €100 billion initiative...
KKR, a global investment powerhouse, has entered a strategic partnership with Düsseldorf-based energy service provider EGC, aiming to accelerate EGC’s growth and establish it as a premier decarbonization partner for...
The Shift Toward Sustainability Emerging market companies are accelerating sustainability efforts, driven by financing trends, regulatory expectations, and climate commitments. A study of 104 firms across six sectors (Energy, TMT,...
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...
Shein, a global leader in fast fashion, has appointed Mustan Lalani as its Global Head of Sustainability. The move reflects Shein’s increasing focus on sustainability amid growing scrutiny of its...
KKR, a leading global investment firm, has announced a binding agreement to acquire Dawsongroup, a prominent asset leasing company. This partnership will accelerate Dawsongroup’s sustainable growth and fleet decarbonization efforts....
Amazon continues to dominate renewable energy procurement, securing its position as the largest corporate buyer for the fifth consecutive year, according to Bloomberg NEF. The company has supported more than...
Decarbonizing Canada’s electricity grids offers an unparalleled opportunity to cut emissions and spur economic growth, according to RBC Climate Action Institute’s latest report, Climate Action 2025: A Year for Rewiring....
The Science Based Targets initiative (SBTi) has released updated plans for its sectoral standards targeting the oil and gas, chemicals, and power industries—three of the largest global emitters. These updates...
Vancouver, Canada – December 2024 – The Canadian government is making bold investments to decarbonize heavy-emitting industries and support clean technology innovation in British Columbia. $12.5 million in funding was...
Supporting Clean Technology Innovation The Wells Fargo Innovation Incubator (IN²), co-administered by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL), has announced three new startups for its 14th...
Terrascope’s Chief Commercial Officer Felipe Daguila joined ESG News’ Melike Ayan to unpack how Terrascope leverages data to drive sustainability decisions and decarbonization in the food and agriculture industries. Here is...
Key Impact Points: The private equity (PE) industry is steadily advancing its sustainability efforts, driven by increasing investor expectations and the commercial benefits tied to ESG initiatives. With over $8.7...
Key Impact Points: Introduction of EnOS™ Ark On October 9, 2024, Univers, a leader in global decarbonization software, unveiled EnOS™ Ark, an all-in-one Software as a Service (SaaS) solution aimed...
Key Impact Points: Global Decarbonisation Slows Fitch Ratings’ latest report reveals that despite progress in advanced economies, the overall pace of global decarbonisation remains alarmingly slow. World CO2 emissions rose...
Pioneering Global Decarbonization Efforts During the Ministerial day of the 15th Clean Energy Ministerial (CEM15), the Climate Investment Funds, one of the world’s largest multilateral climate funds, announced a significant...
Siemens Financial Services has launched the Decarbonization Business Optimizer (DBO™), a cloud-based solution aimed at simplifying the complex journey toward net-zero emissions. The free tool helps companies break through the...
A Comprehensive Guide to Carbon Credit Strategy for CSOs Chief Sustainability Officers (CSOs) are increasingly turning to carbon markets to support their decarbonization efforts. However, without clear objectives and a...
Schneider Electric has launched the Building Decarbonization Calculator, a powerful online tool designed to help building owners and operators identify their best retrofit options to reduce carbon emissions. With a...
Schneider Electric, a global leader in energy management and automation, made waves at Climate Week NYC 2024, revealing new decarbonization strategies aimed at advancing sustainability across industries. With a focus...
Despite increasing urgency to address climate change, corporate decarbonization progress has slowed. A new report by Boston Consulting Group (BCG) and CO2 AI reveals minimal progress by companies in addressing...
ADNOC’s Strategic Stake in ExxonMobil’s Hydrogen Plant Abu Dhabi’s ADNOC will acquire a 35% stake in ExxonMobil’s upcoming hydrogen plant in Baytown, Texas. This move is part of a broader...
The global data center industry is expected to emit approximately 2.5 billion metric tons of carbon dioxide-equivalent through 2030, according to a recent report from Morgan Stanley. This level of...
ESG Megatrends: The Forces Shaping Corporate Sustainability The Sustainability Megatrends Report by Cushman & Wakefield reveals seven key areas driving the integration of ESG (Environmental, Social, Governance) across industries. Here’s...
Longevity Partners launches a revolutionary Decarbonisation Dashboard to aid global real estate in cutting carbon emissions. This proprietary tool enables asset managers to track and reduce carbon footprints, optimize energy...
DHL and Envision have joined forces to drive the decarbonization of the aviation industry, with Sustainable Aviation Fuel (SAF) as a pivotal focus. This collaboration aims to elevate DHL’s SAF...
ClimeCo, a leader in global decarbonization and environmental solutions, has unveiled ClimeCo NatureLink, an innovative tool designed to enhance impact and clarity in the crowded ESG market. This new platform...
Amazon’s Sustainability Exchange, launched today, provides previously proprietary guidance to accelerate supply chain decarbonization. This initiative marks a significant step in Amazon’s journey to reach net-zero carbon by 2040. Why...
Cepsa and PreZero Spain have signed a strategic partnership that will enable both companies to advance in their decarbonization objectives. Under the agreement, PreZero Spain will supply biomethane from some...
Some of the world’s biggest fashion brands have joined forces to participate in an innovative initiative to decarbonise the fashion sector, with commitments from Bestseller, Gap Inc., H&M Group, and...
Normative recently launched enhanced carbon reduction features designed to accelerate businesses on their journey to net zero emissions. Having calculated their carbon footprint and reported emissions, businesses often face the...
McKinsey is accelerating sustainable and inclusive growth across its client work, insights, actions, and charitable giving. McKinsey & Company released its 2023 ESG Report, “Accelerating sustainable and inclusive growth for all.”...
Key Impact Points: Article: Japan is gearing up to craft a comprehensive strategy aimed at decarbonization and industrial policy by 2040, according to recent announcements from the Prime Minister’s Office....
FertigHy, a pan-European producer of low-carbon, nitrogen-based fertiliser for the agricultural sector, will build its first factory in the Hauts-de-France region in Northern France. The €1.3 billion CAPEX investment build...
New capabilities help companies gain comprehensive Scope 3 data coverage, provide tailored guidance to activate suppliers Optera, a leader in ESG and carbon management software, today launched its Outreach module...
Decarbonization Partners, a joint venture between BlackRock and Temasek, successfully closed its first fund, Decarbonization Partners Fund I, at $1.4 billion. This figure surpassed the initial target of $1 billion,...
Together, with its first Community Impact Report, the company details its progress its net-zero ambitions and supporting the communities it visits Royal Caribbean Group released its annual Seastainability Report, outlining...
RWE successfully placed its first green US dollar bond with a total volume of US$2 billion. The bond was issued in two tranches of US$1 billion with 10-year tenor and...
MEPs adopted plans to facilitate the uptake of renewable and low-carbon gases, including hydrogen, into the EU gas market. The new directive and regulation on the gas and hydrogen markets...
First Comprehensive Federal Strategy Outlines Pathways to Reduce Emissions 90% in Buildings Sector by 2050, Reinforcing President Biden’s Investing in America Agenda to Lower Energy Costs, Improve Resilience, and Tackle...
Tesco, the UK’s leading supermarket and NatWest, the largest UK bank for business and one of the largest for the farming sector, have launched a new discounted climate and sustainable...
British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, and Idemitsu Kosan (IKC), one of Japan’s leading energy companies, today announced a joint investment into Skye Renewables Energy...
How can collaboration and digitalization drive the infrastructure transition? Webinar | Thursday April 11 | 13:00 – 13:50 ET The adoption of sustainable practices and processes is increasingly viewed as...
President Biden’s Investing in America Agenda Provides the Single Largest Industrial Decarbonization Investment in the Nation’s History, Driving $20+ Billion in Total Investment to Revitalize Manufacturing Communities and Create and...
Carbon markets hold immense potential to propel corporate climate action, but significant adaptations are necessary to unlock their full potential. Businesses play a pivotal role in achieving global climate goals....
As the UK gears up for the introduction of its Carbon Border Adjustment Mechanism (CBAM) in January 2027, this landmark policy is poised to redefine the landscape of carbon pricing...
Schneider Electric, the leader in the digital transformation of energy management and automation, today announced the latest innovations and progress towards accelerating grid modernization at DISTRIBUTECH International® 2024, the leading annual transmission...
A new report by DNV, the energy expert and assurance provider, paints a stark picture of the UK’s energy transition. While the UK has ambitious climate goals, the current pace...
Plug-in Taxi Grant provides funding of £6,000 per electric taxi vehicle and is extended until April 2025. More green taxis will take to the UK’s roads thanks to an extension to...
“This is a real partnership to decarbonise and seize new opportunities. Many companies also share this commitment, and that is why we are reaching agreements among ourselves and with the...
Fastmarkets, one of the industry’s leading cross-commodity price-reporting agencies (PRA), announces the launch of a new European reduced carbon emissions flat steel price. This new price, which is for domestically...
The Top Tier Impact Investment Panels held during the World Economic Forum at the Fuxägufer on Tuesday, January 16th, 2024, proved to be highly successful for the investors in attendance. Family offices,...
Saint-Gobain has entered into a definitive agreement to acquire Glass Service a.s., a leading provider of digital solutions for glass furnaces, including advanced control systems and simulation software, which enables...
Key Impact Points The First Movers Coalition (FMC), a global public-private partnership by the World Economic Forum and the United States government working to decarbonize the world’s heavy-emitting sectors, now...
Iberdrola has signed an agreement with ANFACO-CECOPESCA – an entity representing the marine-industry chain – by which the 255 companies associated with this cluster of the marine-industry chain that wish to...
Key Impact Points: Schneider Electric, a leader in the digital transformation of energy management and automation, has launched its latest research report by the Schneider Electric™ Sustainability Research Institute (SRI),...
Copenhagen Infrastructure Partners (CIP), through its Growth Markets Funds II and Energy Transition Fund I, will develop Helax Istmo, a green hydrogen and green maritime fuels project in the Isthmus...
The Project Empowers La Palma’s Sustainable Energy Transition and Drive Tazacorte Port as a Hub for Decarbonization in the Canary Islands Recently, GCL SI and Ocean Sun once again joined forces...
The European Commission has approved, under EU State aid rules, a €1.3 billion French scheme to support the development of non-fossil flexibility technologies to ensure that the electricity supply matches...
BBVA is extending its interim emission reduction targets for 2030 to two relevant sectors, aviation and shipping, in order to move its client portfolio toward net zero emissions by 2050....
Oversubscribed Third Private Equity Fund Closed at $2.8 Billion Hard Cap, Alongside Dedicated LP Co-Investment Vehicles Fund Focuses on Buyout and Growth Investments in Industrial Decarbonization Sector Ara Partners (“Ara” or the...
The Commission welcomes the provisional agreement reached today between the European Parliament and Council on updated EU rules to decarbonise the gas market and create a hydrogen market. The new rules will...
RMI, in partnership with four leading banks — Citi, ING, Société Générale, and Standard Chartered — along with aluminum industry stakeholders, has developed a first-of-its-kind framework to enable banks to measure...
Urgent action on climate can help Azerbaijan minimize the risks emerging from the global low-carbon transition and protect the living standards of its people, says the World Bank Group’s Azerbaijan Country Climate...
Drawing on data and insights from across S&P Global, the report analyzes the physical risks of climate change and the challenges of limiting global temperature rise to below 2 degrees Celsius...
Launched earlier this year by WBCSD, The Climate Drive is a game-changing platform designed to support businesses and their suppliers in speeding up decarbonization efforts. It is now expanding its...
The Commission is opening the Innovation Fund‘s 2023 call for proposals with a record budget of €4 billion to support the deployment of innovative decarbonisation technologies. The call is funded by revenues from...
The offtake agreement between A.P. Moller – Maersk and Chinese developer Goldwind, a global leader in clean energy, reaches into the next decade and marks the first large scale green...
This new addition accelerates Deloitte’s work and capabilities in the climate, sustainability, and fleet decarbonization space Deloitte Canada is acquiring leading fleet management consulting firm, Fleet Challenge Canada Inc. (“Fleet...
Scania and SSAB have signed a letter of intent to decarbonise all steel deliveries from SSAB to Scania’s heavy-duty vehicles in 2030. Deliveries of SSABs Fossil-free™ steel is targeted to...
As delegates from nearly 200 countries, policymakers, and business leaders prepare to gather in Dubai for the COP28 climate change conference, the latest MSCI Net-Zero Tracker reveals that the pace...
CRH, the global leader in building materials solutions, and Volvo Group, the leader in transport and infrastructure solutions, have signed a Memorandum of Understanding (MoU) to accelerate net-zero innovations in...
Air France-KLM has made an investment in DG Fuels to support the completion of the developmental work necessary to reach the Final Investment Decision on DG Fuels’ initial Louisiana-based sustainable...
TESCanada H2 Inc. (hereinafter “TES Canada”), a Canadian developer of innovative projects aimed at accelerating the energy transition, is proud to present the Projet Mauricie. Totalling $4 billion in investments...
Aiming to finance increased production of SiC power semiconductors to support decarbonization Mitsubishi Electric Corporation announced that it will issue green bonds for the first time to raise funds for...
A.P. Moller-Maersk, the world’s largest container shipping company, has issued a $750 million green bond to finance its decarbonization efforts. The bond, which matures in 10 years, will yield 1.65...
The Volkswagen Group has made decisive progress in its four industry-leading technology platforms. It is also tapping into highly attractive additional profit pools as part of its transformation from legacy...
DHL Global Forwarding, DHL Group’s air and ocean freight specialist, is recording an increased demand in sustainable transport solutions based on the usage of sustainable fuels such as Sustainable Aviation...
Bayer, a global enterprise with core competencies in the life science fields of agriculture and healthcare, in collaboration with GenZero, a Temasek-owned investment platform company dedicated to accelerating decarbonization globally,...
The European Commission has approved, under EU State aid rules, a €850 million French measure to support ArcelorMittal France in partially decarbonising its steel production processes. The measure will contribute to...
$137.7 Million Fund to Focus on Key Investments in Packaging, Decarbonization and Other Initiatives with the Potential to Reduce the Coca-Cola System’s Carbon Footprint The Coca-Cola Company and eight bottling...
Eni presented a document titled “The route to net zero. Decarbonizing the maritime sector” in collaboration with Assarmatori and Confitarma as well as three of the largest companies in the...
FertigHy, a company founded by EIT InnoEnergy, RIC Energy, MAIRE, Siemens Financial Services, InVivo and HEINEKEN, launches to pioneer the low-carbon transition of the European fertiliser industry. FertigHy aims to...
The International Finance Corporation (IFC), a member of the World Bank Group, announced the signing of a green and sustainability-linked loan to ENGIE Energía Chile. This financing, for a total...
TotalEnergies and VNG, a German natural gas distribution company, have signed an agreement to initiate the future supply of green hydrogen to the Leuna refinery operated by TotalEnergies. Under the...
Cargill has entered into a multi-year agreement with Swedish industrial startup H2 Green Steel for the supply of green steel. The agreement aims to accelerate global ferrous supply chain decarbonization....
BBVA Chair Carlos Torres Vila concluded the sixth edition of BBVA Open Summit, the annual entrepreneurship event, recalling the bank’s commitment to innovation. “BBVA has 600 million committed to various...
China Baowu, the world’s biggest steelmaker, and Rio Tinto, the world’s largest iron ore producer, have signed a MoU to explore a range of industry leading new projects in China...
BBVA has invested 20 million dollars in Just Climate’s Climate Assets Fund I whose objective is to invest in the highest impact solutions that can radically reduce or remove emissions, while generating attractive risk-adjusted financial...
SKF has decided to allocate SEK 3 billion to meet its energy and decarbonization goal by 2030, which is a key element of the Group’s strategy. The Group has also...
Japan plans to invest 15 trillion yen ($107.5 billion) over the next 15 years to supply the country with hydrogen, the government said on Tuesday, as it accelerates efforts to...
Becomes first U.S.-based coatings company to receive validation from Science Based Targets initiative PPG announced its near-term 2030 sustainability goals, including greenhouse gas emissions targets that have been validated by...
RINA, an international company specialising in inspection, certification and engineering consultancy, and Eni have signed an agreement to jointly develop initiatives that can contribute to the energy transition and decarbonisation...
The CEO of Eni Claudio Descalzi and Chairman of the Board of Directors of Sonangol Sebastião Pai Querido Gaspar Martins have signed in Rome a MOU to further expand the...
Hydro Building Systems has entered into a collaboration with Saint-Gobain Glass to reduce the carbon footprint of building facades in half, by integrating the low-carbon solutions offered by both companies....
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