The UK has launched a public consultation on new draft Transition Finance Guidelines, a framework designed to unlock capital for high-emitting industries and position the country as a global hub...
Morgan Stanley Investment Management’s 1GT climate private equity strategy has joined a $105 million Series C round for Overhaul Group, a global provider of in-transit cargo risk management solutions. The...
Google is sharpening its focus on the environmental cost of artificial intelligence, releasing its first comprehensive methodology for measuring the energy, water, and carbon footprint of its AI models. “AI...
MB Energy has officially joined the United Nations Global Compact, a global initiative that brings together over 20,000 companies across 160 countries to advance responsible business practices. The Compact, launched...
Businesses are ramping up investment in Environmental, Health and Safety (EHS) measures to drive resilience, protect workers, and safeguard the environment—but half may fall short of capturing long-term value by...
Deep Sky, a Montreal-based carbon removal project developer, has achieved a breakthrough in North America: the first underground CO₂ storage via Direct Air Capture (DAC). The milestone was reached at...
Allectrify has launched FASTPACE.com, a tech-enabled platform designed to simplify and accelerate access to Commercial Property Assessed Clean Energy (C-PACE) financing nationwide. The platform is the first of its kind...
PepsiCo, Bold Reuse, and the San Francisco 49ers have teamed up to introduce reusable cups at Levi’s Stadium in Santa Clara, California. The initiative kicked off during a preseason game...
Copenhagen Infrastructure Partners (CIP), through its CI V fund, has acquired the Beehive Battery Energy Storage System (BESS) from EDF Power Solutions North America. The 250-megawatt facility with four-hour duration—equal...
The European Securities and Markets Authority (ESMA) and the European Environment Agency have signed a memorandum of understanding designed to tighten cooperation in the rapidly expanding field of sustainable finance....
BlackRock CEO Larry Fink and Roche vice chairman André Hoffmann have been appointed interim co-chairs of the World Economic Forum (WEF) as the institution enters a critical period of transition....
Montana Busch built his solar company on the promise of steady incentives and rising demand. This summer, that promise is colliding with political reality. Busch, who founded Alternative Energy Southeast...
Eni has signed an agreement to sell a 49.99% stake in its carbon capture, utilization and storage subsidiary, Eni CCUS Holding, to Global Infrastructure Partners (GIP), the infrastructure arm of...
LG Electronics is advancing its sustainability agenda with new eco-conscious manufacturing for its commercial 4-way system air conditioners. The company has introduced a novel material and production method that reduces...
The Science Based Targets initiative (SBTi) is calling on automakers and auto parts manufacturers to join the pilot testing of its draft Automotive Sector Net-Zero Standard—a sector-specific framework to help...
The Philippines is preparing to introduce a Carbon Credit Policy for its energy sector, a move the Department of Energy (DOE) says will help the country access growing carbon markets...
Marsh has placed a carbon credit insurance policy for Chestnut Carbon, a New York-based developer of nature-based carbon removal projects, helping secure a landmark $210 million non-recourse project finance facility...
Iberdrola has renewed its collaboration with the UN Global Compact in Spain, taking part in the third edition of the Sustainable Suppliers Training Programme. This year, the initiative will provide...
Asia Pacific & Japan hyperscale data centre specialist AirTrunk has secured a record S$2.25 (US $1.65) billion green loan in Singapore to fund the development of its new Loyang-based facility,...
The Asian Infrastructure Investment Bank (AIIB) has released its inaugural Sustainability Report, marking a significant step in aligning with emerging global standards for climate-related financial reporting. The 2024 report applies...
ERM has partnered with Nippon Life Insurance Company to design the “Nippon Life Nature Finance Approach,” a framework that embeds biodiversity and ecosystem thresholds into financial decision-making. The initiative seeks...
UN Global Compact Network USA, the American chapter of the UN’s global corporate sustainability initiative, has elected Shobha Meera as treasurer of its Board of Directors. Meera, chief corporate responsibility...
Assent Inc. has introduced a new EU Deforestation Regulation (EUDR) solution aimed at helping manufacturers meet the bloc’s looming compliance deadline. The regulation, which takes effect December 30, 2025, requires...
Masdar has detailed how it deployed more than US$1.685 billion from its 2023 and 2024 green bond issuances into clean energy projects worldwide, according to its newly released 2024 Green...
From billion-dollar climate finance deals to wildfire emergencies, this week’s ‘Week in Review’ shows just how high the stakes are for sustainability. Qatar stepped into the green bond market for...
By: Professor Ioannis Ioannou Each September, Climate Week NYC gathers leaders from across business, finance, government, and civil society. These events often promise bold declarations, new initiatives, and high-level visibility....
A new Forest 500 report by nonprofit Global Canopy reveals that in 2024, the 150 financial institutions with the greatest exposure to deforestation risk collectively financed US$8.9 trillion to companies...
Achmea Investment Management has launched the Achmea IM PE Partnership Fund – Healthy People & Planet 2025, a private equity impact fund aimed at delivering both competitive returns and measurable...
CNH, a global leader in equipment, technology, and services for agriculture and construction, has joined the UN Global Compact Brazil Network, reinforcing its commitment to sustainable development in the sector....
David Fogarty has been appointed Executive Director of the UN Global Compact Network Singapore (UNGCNS), effective 1 October 2025. He joins after 14 years at CBRE, where he most recently...
The UK’s Financial Conduct Authority (FCA) says the sustainability-linked loan (SLL) market has taken “important steps in the development of a credible transition finance ecosystem” since its 2023 review, with...
The Science-Based Targets initiative (SBTi) reports a sharp rise in corporate climate ambition, with the number of companies committing to both near-term and net-zero science-based targets climbing 227% between the...
Qatar is accelerating its sustainable transformation by issuing its first sovereign green bonds and updating its sovereign green assets register, the Ministry of Finance confirmed. The $2.5bn green bond issuance...
Nuveen has raised $1.3 billion in the first close of its Energy & Power Infrastructure Credit Fund II (EPIC II), a private credit strategy aiming for a $2.5 billion total....
Macquarie Asset Management, through its managed funds, has provided €51 million in second lien financing to an onshore wind platform in Finland. The portfolio comprises eight operational wind farms with...
500 Global, one of the world’s most active venture capital firms, has launched its Sustainable Innovation Program to support founders building commercially viable solutions to sustainability challenges across the global...
The Alliance to End Plastic Waste has released its Progress Report 2024: Evolving for Impact, highlighting measurable progress over five years and unveiling its Strategy 2030 for scaling solutions toward...
The UN Global Compact has launched the Central Asia Network, a multi-country office uniting over 140 companies across five nations to accelerate sustainable business practices and alignment with the Sustainable...
Verra’s latest win in the voluntary carbon market comes as the Integrity Council for the Voluntary Carbon Market (ICVCM) approves two of its methodologies — VM0044 Biochar Utilization in Soil...
Global compliance carbon markets (CCMs) are fast becoming a focal point for sustainability-driven investors. As regulators broaden carbon market coverage, companies that once emitted freely now face material costs, influencing...
J.P. Morgan has arranged a $210 million credit facility for U.S.-based Chestnut Carbon, signaling a major step forward in financing nature-based carbon removal projects at scale. The deal, underpinned by...
Sayari Earth has entered a research partnership with Stellenbosch University’s School for Climate Studies to investigate how mobile biochar production can simultaneously restore ecosystems, capture carbon, and open new economic...
Seaspan Energy and Anew Climate have entered a strategic partnership to deliver renewable liquefied natural gas (R-LNG) to shipowners along the North American West Coast. The initiative marks the region’s...
Trane Technologies has launched the BrainBox AI Lab, a dedicated research and development center aimed at transforming energy optimization for HVAC systems and refrigerated transport. The initiative marks a major...
Intercontinental Exchange (ICE) has broadened its climate data and analytics offering to include physical and transition risk insights for more than five million private companies worldwide. The move addresses a...
Ingka Investments, the investment arm of Ingka Group—the largest IKEA retailer—has made a growth capital investment in Shanghai-based Re-mall, a specialist in recycling post-consumer packaging waste into transparent recycled polypropylene...
Ford is committing $5 billion to launch a next-generation electric vehicle platform, overhaul its manufacturing process, and produce prismatic LFP batteries in the U.S., marking one of the automaker’s largest...
Temasek Trust’s Catalytic Capital for Climate and Health (C3H) has led a US$11.6 million Series A financing round in Equatic, a company pioneering seawater electrolysis to both remove atmospheric CO2...
Gentari and Amazon Web Services (AWS) have signed a Power Purchase Agreement (PPA) for an 80MW wind power project in Tamil Nadu, India, marking a significant milestone in their clean...
Climate solutions provider Watershed has launched the Cornerstone initiative in partnership with Stanford University’s Stanford Sustainable Solutions Lab to preserve and expand access to critical sustainability datasets. These datasets underpin...
Occidental is preparing to launch operations at its Stratos direct air capture (DAC) hub in Ector County, Texas, by the end of 2025. CEO Vicky Hollub confirmed during the company’s...
DHL Supply Chain has launched a pilot program in Japan deploying hydrogen-powered fuel cell (FC) trucks, marking a milestone in its push toward decarbonized logistics. The initiative is part of...
Arevon Energy has completed the commissioning of its Eland Solar-plus-Storage complex in Kern County, California, marking one of the state’s largest clean energy developments. The facility, representing more than $2...
British Columbia has outlined its updated approach to developing, reviewing, and maintaining greenhouse gas offset protocols under its Offset Protocol Policy (OPP), aiming to enhance transparency and diversify projects that...
The European Banking Authority (EBA) has issued a no-action letter addressing the application of ESG Pillar 3 disclosure requirements under its Implementing Technical Standards (ITS). The move aims to ease...
Climate finance and technology innovation drove this week’s ESG headlines. China overhauled its green taxonomy to boost transition funding, Germany approved a bill to fast-track carbon storage, and the EU...
Companies that proactively act on environmental risks and opportunities are now seeing substantial financial rewards, according to a new report from CDP. Drawing on data from nearly 25,000 corporate disclosures...
Energy Vault Holdings, Inc. has entered into an exclusivity agreement for a $300 million preferred equity investment to launch Asset Vault, a wholly owned subsidiary that will develop, own, and...
Fortescue has secured a landmark 14.2 billion yuan ($1.98 billion) loan to accelerate its decarbonisation strategy, just weeks after cancelling green hydrogen projects in the U.S. and Australia. The five-year...
Emerge, the joint venture between Masdar and EDF Group, has signed a Memorandum of Understanding (MoU) with Emirates Development Bank (EDB) to accelerate the development and financing of distributed solar...
Swiss banking giant UBS has withdrawn from the Net-Zero Banking Alliance (NZBA), becoming the latest in a string of high-profile exits from the global climate finance initiative. The move comes...
BeZero Carbon has been appointed by the Swiss Federal Office for the Environment (FOEN) to deliver independent risk assessments for carbon credits authorised under Article 6.2 of the Paris Agreement....
Speeki is advancing its ESG platform by integrating agentic AI into Nicole®, its digital sustainability assistant, marking a shift from passive AI support to autonomous, task-oriented functionality. Agentic AI represents...
Standard Chartered has announced a landmark agreement with the Brazilian State of Acre to bring high-integrity forest protection carbon credits to market over the next five years. The partnership is...
In 2021, the Financial Conduct Authority (FCA) finalized climate disclosure rules for asset managers, life insurers, and FCA-regulated pension providers, requiring firms to report in line with the Taskforce on...
Chooose has signed an agreement with the International Air Transport Association (IATA) to integrate IATA CO2 Connect data into its platform, expanding global access to flight-specific carbon emissions information. The...
J.P. Morgan Mansart, the specialist asset management arm of J.P. Morgan, has introduced the J.P. Morgan Mansart iCubed Global Equity Select Fund, a global equity fund that delivers improved sustainability...
Prometheus Fuels has announced a major cost breakthrough in carbon capture, reducing the price of Direct Air Capture (DAC) to under $50 per ton—more than 80% below the industry average...
Germany’s cabinet has approved a reform bill aimed at rapidly advancing carbon capture and storage (CCS) infrastructure, a critical step in the country’s plan to reach carbon neutrality by 2045...
Blackstone has signed a definitive agreement to acquire Enverus, the largest SaaS‑based energy data and analytics platform, from Hellman & Friedman and Genstar Capital. The deal will involve Blackstone’s Energy...
Amazon and Brimstone have announced promising results from initial tests of Brimstone’s lower-carbon Ordinary Portland Cement (OPC), designed for use in concrete construction. The tests, created in collaboration with Amazon’s...
Lenovo has launched TruScale Device as a Service (DaaS) for Sustainability, a modular IT solution designed to help enterprises meet environmental targets while modernizing technology management. Built on Lenovo’s existing...
Italy agreed Thursday to a Vatican plan to convert a 430-hectare (1,000-acre) field at Santa Maria Galeria—about 35 kilometers (20 miles) north of Rome—into a large solar farm intended to...
IBM Research and Nestlé R&D have partnered to leverage artificial intelligence and deep tech to accelerate the discovery of sustainable packaging solutions. The collaboration has produced a generative AI tool...
Frontier Infrastructure Holdings, a low-carbon infrastructure developer operating across Texas and the Mountain West, has signed a major offtake agreement with Wild Assets, a global asset manager focused on carbon...
China has updated its green taxonomy in a bid to accelerate its net-zero transition, reduce market fragmentation, and lower compliance costs for financial institutions. The new Catalogue of Green Finance...
ISS Sustainability Solutions, the sustainable investment business of ISS STOXX, announced the acquisition of Sust Global, a provider of geospatial risk modeling and analytics used by institutional investors, insurance companies,...
Pandion Asset Management, a U.S. SEC-registered investment adviser committed to building responsible investment solutions tailored for institutional allocators, announced that Horatio H. Sparkes has joined the firm as Senior Director...
Mars, Incorporated—one of the world’s top five peanut buyers, purchasing over 300 million pounds each year for brands including its billion-dollar portfolio—announced the Mars Protect the Peanut Plan, its first...
Iberdrola España and Burger King have expanded their long-term power purchase agreement (PPA) with an additional 34 MW of photovoltaic (PV) capacity. The PPA now totals 109 MW, designed to...
Enbridge Inc. is accelerating its infrastructure investments with the launch of projects worth approximately $2 billion, designed to meet rising power demand from data centers, the industrial sector, and LNG...
Google is scaling up its efforts to make data centers more energy-flexible through new utility agreements designed to support growing power demands — particularly from AI workloads — while strengthening...
U.S. investment firm Sixth Street has announced its acquisition of a 38% stake in Italian renewable energy company Sorgenia, in a transaction that values the business at €4 billion ($4.6...
• Japan Airlines and six partners validate Scope 3 environmental value trading to promote SAF adoption• Successful trades and third-party verification confirm feasibility of the new platform• Phase 2 to...
Marks & Spencer (M&S) has partnered with Black Bull Biochar (BBB) to purchase Biochar Carbon Removal Credits as part of a broader effort to integrate sustainable practices into its poultry...
Helion, a Washington-based fusion energy company, has started development on the site of its first fusion power plant, Orion, a move that positions it at the forefront of commercial fusion...
Encavis AG has acquired a 199 MW hybrid renewable energy portfolio from BayWa r.e., marking its first investment in wind assets in Spain and a major milestone in its technological...
Lloyds Bank has launched a Voluntary Carbon and Nature Markets (VCNM) practice within its Business and Commercial Banking unit, marking a strategic step to help clients navigate the growing complexity...
EFRAG has released revised and simplified Exposure Drafts of the European Sustainability Reporting Standards (ESRS), launching a 60-day public consultation to gather feedback from stakeholders across the EU corporate reporting...
Nuveen, the global asset manager with $1.3 trillion in assets under management, has announced $785 million in new capital commitments for its Nuveen C-PACE Lending Fund III. The fund is...
Governor Kathy Hochul has announced the availability of more than $21 million through New York’s Clean Mobility Program to fund scalable, zero-emission transportation projects. The initiative supports community-led demonstration projects...
BBVA has channeled approximately €63 billion into sustainable business during the first half of 2025 — a 48% increase compared to the same period last year. The second quarter alone...
AXA Investment Managers (AXA IM) has secured the UK Financial Conduct Authority’s (FCA) ‘Sustainability Impact’ label for its AXA Green Short Duration Bond Fund, under the new Sustainability Disclosure Requirements...
Gentari and Amazon Web Services (AWS) have signed a Power Purchase Agreement (PPA) for an 80MW wind power project in Tamil Nadu, India, marking a significant milestone in their clean...
Climate solutions provider Watershed has launched the Cornerstone initiative in partnership with Stanford University’s Stanford Sustainable Solutions Lab to preserve and expand access to critical sustainability datasets. These datasets underpin...
Occidental is preparing to launch operations at its Stratos direct air capture (DAC) hub in Ector County, Texas, by the end of 2025. CEO Vicky Hollub confirmed during the company’s...
DHL Supply Chain has launched a pilot program in Japan deploying hydrogen-powered fuel cell (FC) trucks, marking a milestone in its push toward decarbonized logistics. The initiative is part of...
Arevon Energy has completed the commissioning of its Eland Solar-plus-Storage complex in Kern County, California, marking one of the state’s largest clean energy developments. The facility, representing more than $2...
British Columbia has outlined its updated approach to developing, reviewing, and maintaining greenhouse gas offset protocols under its Offset Protocol Policy (OPP), aiming to enhance transparency and diversify projects that...
The European Banking Authority (EBA) has issued a no-action letter addressing the application of ESG Pillar 3 disclosure requirements under its Implementing Technical Standards (ITS). The move aims to ease...
Climate finance and technology innovation drove this week’s ESG headlines. China overhauled its green taxonomy to boost transition funding, Germany approved a bill to fast-track carbon storage, and the EU...
Companies that proactively act on environmental risks and opportunities are now seeing substantial financial rewards, according to a new report from CDP. Drawing on data from nearly 25,000 corporate disclosures...
Energy Vault Holdings, Inc. has entered into an exclusivity agreement for a $300 million preferred equity investment to launch Asset Vault, a wholly owned subsidiary that will develop, own, and...
Fortescue has secured a landmark 14.2 billion yuan ($1.98 billion) loan to accelerate its decarbonisation strategy, just weeks after cancelling green hydrogen projects in the U.S. and Australia. The five-year...
Emerge, the joint venture between Masdar and EDF Group, has signed a Memorandum of Understanding (MoU) with Emirates Development Bank (EDB) to accelerate the development and financing of distributed solar...
Swiss banking giant UBS has withdrawn from the Net-Zero Banking Alliance (NZBA), becoming the latest in a string of high-profile exits from the global climate finance initiative. The move comes...
BeZero Carbon has been appointed by the Swiss Federal Office for the Environment (FOEN) to deliver independent risk assessments for carbon credits authorised under Article 6.2 of the Paris Agreement....
Speeki is advancing its ESG platform by integrating agentic AI into Nicole®, its digital sustainability assistant, marking a shift from passive AI support to autonomous, task-oriented functionality. Agentic AI represents...
Standard Chartered has announced a landmark agreement with the Brazilian State of Acre to bring high-integrity forest protection carbon credits to market over the next five years. The partnership is...
In 2021, the Financial Conduct Authority (FCA) finalized climate disclosure rules for asset managers, life insurers, and FCA-regulated pension providers, requiring firms to report in line with the Taskforce on...
Chooose has signed an agreement with the International Air Transport Association (IATA) to integrate IATA CO2 Connect data into its platform, expanding global access to flight-specific carbon emissions information. The...
JERA and bp have officially launched their 50:50 joint venture, JERA Nex bp, marking a significant step in scaling global offshore wind development. The newly formed company enters the market...