Iberdrola has achieved a global first, issuing a €750 million green bond that complies with both the newly introduced EU Green Bond Standard (EU GBS) and the International Capital Market...
Google is doubling down on climate action with two new partnerships focused on eliminating potent superpollutants that disproportionately accelerate global warming. In collaboration with Recoolit and Cool Effect, Google will...
The Network for Greening the Financial System (NGFS) has released its first vintage of short-term climate scenarios, offering financial institutions, policymakers, and investors a detailed view of how climate events...
Liverpool Football Club has launched the world’s first carbon-removed football jersey in collaboration with U.S.-based carbon removal firm 1PointFive, marking the 20th anniversary of the club’s iconic 2005 Champions League...
EMSTEEL, one of the region’s largest publicly traded steel and building materials manufacturers, has launched its first Green Finance Framework—a decisive move to align capital raising with its net-zero roadmap....
United Airlines has deepened its commitment to decarbonizing aviation by investing in Twelve, a cleantech company that converts CO₂ into sustainable aviation fuel (SAF) using renewable energy. The investment was...
Holcim, in collaboration with renowned architect Alejandro Aravena and his firm ELEMENTAL, has introduced a breakthrough in sustainable construction: a biochar-based concrete mix that actively removes carbon from the atmosphere....
Infosys and Economist Impact have launched The Sustainability Atlas, an AI-powered decision-making tool designed to help businesses and policymakers advance their sustainability strategies with data-backed precision. Built on Infosys Topaz,...
Elementl Power Inc. has signed a strategic agreement with Google to advance the development of three advanced nuclear energy sites across the U.S., marking a major step toward deploying next-generation...
The Council of the European Union has endorsed a key amendment to CO₂ emissions regulations for new passenger cars and vans, granting automakers a more flexible path to meet 2025...
Microsoft has entered a landmark agreement with forest investment and management firm EFM to secure up to 3 million nature-based carbon removal credits as part of its broader effort to...
India’s Ministry of Finance has released a draft framework for its Climate Finance Taxonomy, inviting expert and public comments by June 25, 2025, as it seeks to mobilize significant capital...
Capgemini has updated its Environmental, Social, and Governance (ESG) policy to strengthen its long-term commitment to responsible growth, ethical leadership, and sustainable value creation. The policy now includes nine priorities,...
Schroders Greencoat, the renewable infrastructure investment arm of Schroders Capital, has acquired a 24.5% stake in the UK’s West of Duddon Sands offshore wind farm from Ørsted for £456.1 million...
NYK Line has taken a significant step toward decarbonization, becoming the first Japanese company to purchase a portfolio of carbon dioxide removal (CDR) credits from Swiss climate tech leader Climeworks....
Euronext is leading a strategic shift in European capital markets by redefining ESG—traditionally known as Environmental, Social, and Governance—as Energy, Security, and Geostrategy. The move aims to channel investment into...
Amazon is scaling up its packaging automation across Europe in a bid to slash waste and reduce the environmental footprint of its deliveries. The e-commerce giant will deploy hundreds of...
The U.S. Department of Justice has filed lawsuits against New York and Vermont, challenging their newly enacted “climate superfund” laws that seek to hold fossil fuel companies financially accountable for...
ReNew Energy Global Plc has landed a $100 million investment from British International Investment (BII) to expand its solar manufacturing footprint in India, marking the UK development finance institution’s first...
The Rockefeller Foundation plans to retire 60 coal-fired power plants in developing countries by 2030 through a new carbon finance initiative, following the approval of its methodology by leading carbon...
General Fusion, a Canadian fusion energy pioneer backed by Jeff Bezos, is urgently seeking $125 million in fresh funding to complete its LM26 demonstration machine—one of the most advanced private...
Dow and X, Google’s innovation lab known as the Moonshot Factory, have joined forces to tackle one of the largest barriers to plastics circularity: recycling films and flexibles—packaging materials that...
Power Sustainable, the alternative asset management arm of Power Corporation of Canada, has raised over $330 million to fund a new private equity strategy focused on decarbonization. The strategy—Power Sustainable...
HUGO BOSS has launched NovaPoly, a proprietary recycled polyester yarn designed to address the fashion industry’s environmental footprint—particularly microplastic pollution. Developed in collaboration with Jiaren Chemical Recycling and NBC LLC,...
Microsoft has more than doubled its carbon removal commitment with Stockholm Exergi, increasing the volume of carbon dioxide to be permanently stored from 3.3 million tons to 5.08 million tons...
Verra has introduced a groundbreaking methodology to drive the early retirement of coal-fired power plants while ensuring that communities and workers aren’t left behind. The Verified Carbon Standard (VCS) methodology,...
Artio, a climate-focused insurer, has become the first company to receive Lloyd’s coverholder approval to underwrite carbon projects at the earliest stage—before implementation begins. This pioneering move enables investment in...
State Street Global Advisors (SSGA), which oversees €4.1 trillion in assets, has named Hannah Shoesmith as Managing Director and Head of Sustainability Stewardship to lead its latest ESG initiative—a newly...
A coalition of 30 institutional investors representing $1.6 trillion in assets has publicly urged HSBC to recommit to its net zero climate goals, following what they describe as “deeply concerning...
Inter IKEA Group has officially appointed Lena Julle as its Chief Sustainability Officer, effective 1 May 2025, reinforcing its commitment to net-zero emissions and circular business transformation. Julle, a 30-year...
Macquarie Asset Management (MAM) has acquired the remaining 50% stake in Island Green Power, securing full ownership of the UK-based renewable energy developer through its managed funds. The move deepens...
Blue Yonder has acquired the business of Pledge Earth Technologies, a UK-based climate tech firm, to integrate precise and accredited carbon emissions reporting into its end-to-end supply chain platform. Founded...
The Forest Stewardship Council (FSC) and Mirova, a sustainable investment arm of Natixis Investment Managers, have signed a strategic Memorandum of Understanding (MoU) to channel responsible finance into sustainable forestry...
With over 50% of global GDP at risk from the ongoing decline of the natural world, Google is accelerating action by supporting high-impact startups using AI to restore, protect, and...
Masdar, the UAE’s clean energy leader, has officially completed its acquisition of Greece’s largest renewables company, TERNA ENERGY, and finalized its delisting from the Athens Stock Exchange. This move underscores...
Ara Partners has closed its inaugural infrastructure fund, raising over $800 million, surpassing its $500 million target. The capital supports its Ara Infrastructure strategy, aimed at transforming the industrial economy...
S&P Global Commodity Insights has expanded its coverage of alternative marine fuels with the launch of low-carbon methanol marine fuel price assessments for Shanghai and Rotterdam, effective May 2. These...
BBVA mobilized approximately €29 billion for sustainable business initiatives in Q1 2025, reflecting a 55% year-over-year increase as the bank accelerates its ESG strategy. This surge supports BBVA’s new, more...
Microsoft is reshaping how the cloud industry evaluates sustainability by publishing the first comprehensive life cycle assessment (LCA) of datacenter cooling methods in Nature. The study goes beyond operational metrics...
The UK’s Financial Conduct Authority (FCA) has paused its plan to broaden its Sustainability Disclosure Requirements (SDR) and sustainable investment labelling regime to include portfolio managers. This decision comes despite...
The Bank of England has issued new proposals to reinforce its climate-related supervisory expectations for banks and insurers, citing patchy progress and immature risk frameworks since its 2019 guidance. The...
Datamaran has unveiled DMA Evaluate, a powerful enhancement to its double materiality assessment platform, designed to help companies dynamically manage ESG risks and regulatory obligations with speed, accuracy, and scale....
Syre, a textile-to-textile recycling startup launched by H&M Group and impact investor Vargas, has raised $100 million in Series A funding to make circular polyester production a hyperscale reality within...
Microsoft has inked a long-term power purchase agreement (PPA) with Clearway Energy Group for 335 megawatts (MW) of wind energy from the repowered Mount Storm wind farm in Grant County,...
Chestnut Carbon has planted more than 17 million trees across 30,000 acres in the Southeastern U.S., completing its third afforestation season and establishing the largest afforestation project in the U.S....
Royal Bank of Canada (RBC) has dropped its $500 billion sustainable finance target, citing increased regulatory scrutiny and methodological uncertainty following recent amendments to Canada’s Competition Act. The decision, outlined...
Investor appetite for sustainable investments remains robust, according to Morgan Stanley’s latest Sustainable Signals report. The survey of 1,765 high-net-worth individuals across North America, Europe, and Asia Pacific reveals that...
Pioneer Point Partners LLP has closed its second sustainable infrastructure fund, Pioneer Infrastructure Partners II SCSp, with €1.1 billion ($1.3 billion) in commitments—well above its original €800 million target. “Fund...
Multilateral Development Banks (MDBs) are advancing efforts to scale up urban climate finance, signaling increased commitment to cities on the frontlines of the climate crisis. At the roundtable “Scaling Sustainable...
Municipality Finance Plc (MuniFin) has issued a NOK 2 billion green bond, maturing on 19 August 2030 with a fixed annual interest rate of 4.00%, as part of its EUR...
As global tax regimes shift under pressure from rising regulatory demands and digital disruption, tax leaders are intensifying focus on transparency, digital readiness, and sustainability strategy—according to Deloitte’s 2025 Global...
Kering has launched its first-ever Water-Positive Strategy, committing to a Net Water-Positive Impact by 2050 and targeting measurable water improvements in 10 high-risk basins by 2035. The strategy marks a...
Carbon Alpha has partnered with Mangrove Systems to embed advanced digital monitoring, reporting, and verification (MRV) technology into its flagship North Star carbon removal project—Canada’s first large-scale bioenergy with carbon...
AI robotics startup Glacier has raised $16 million in Series A funding to accelerate the deployment of its intelligent recycling robots, designed to transform U.S. recycling infrastructure, reduce emissions, and...
Brazilian carbon removal startup Mombak has secured $30 million in Series A funding, led by Union Square Ventures (USV), to accelerate reforestation and carbon credit operations across the Amazon. Founded...
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...
ALTÉRRA, the world’s largest private climate investment vehicle, has made its first direct investment into the Global South—injecting $100 million into India’s clean energy platform, Evren. The co-investment, made through...
South Korean steelmaker POSCO Holdings has successfully raised $700 million through a heavily oversubscribed green bond issuance, reinforcing investor confidence in its sustainability strategy. The funding was split across two...
The Bank of Mauritius has entered a strategic partnership under the SUNREF – Cap sur la Finance Durable programme to strengthen its sustainable finance framework. Backed by the Agence Française...
EFM, a U.S.-based forest investment and management firm, has partnered with Sojitz Corporation of America—a wholly owned subsidiary of Japan’s Sojitz Corporation—to launch a $200 million forestry investment fund focused...
Brazil is launching a landmark auction aimed at raising up to $2 billion in financing for sustainable land restoration, as part of its Eco Invest Brazil program. The initiative will...
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...
At the 2025 World Economic Forum, ESG News CEO Matt Bird sat down with Jon Gosier, Co-founder and CEO of FilmHedge, to discuss how film financing intersects with tax strategy...
Patch has launched a new digital platform to transform how companies source, purchase, and manage carbon credits, aiming to unlock billions in much-needed climate finance. Designed for Chief Sustainability Officers...
Ingka Investments, the investment division of Ingka Group—the largest IKEA retailer—has officially launched its first solar park in Poland, marking a major step in its renewable energy strategy. Located in...
Copenhagen Infrastructure Partners (CIP) announced it has sold a 50% stake in the Coalburn 1 battery energy storage system to AXA’s alternative investment arm. Despite the sale, CIP will continue...
France has launched the Charter for Paris-Aligned and High-Integrity Use of Carbon Credits, setting a new global benchmark for responsible corporate carbon credit use and aiming to foster a more...
Biomas, a Brazilian reforestation company backed by Vale, Marfrig, Suzano, Santander Brasil, Itaú, and Rabobank, has launched its first major project: restoring 1,200 hectares of the Atlantic rainforest in Bahia...
The International Sustainability Standards Board (ISSB) has proposed significant amendments to its climate disclosure standard (IFRS S2), offering new reliefs primarily for financial sector companies. These changes are designed to...
The European Banking Authority (EBA) has launched a new ESG dashboard, offering centralized, comparable climate risk indicators for EU/EEA banks. The dashboard aims to strengthen monitoring and benchmarking of transition...
Ireland and the United Nations Development Programme (UNDP) have officially launched a new global Project Office for Sustainable Finance in Dublin, backed by a €7.5 million commitment from the Irish...
Microsoft is doubling down on durable carbon removal with a new five-year agreement to purchase 44,000 carbon removal credits from Carba, a Minnesota-based climate tech company. The credits will begin...
Zelestra has secured a $113 million Senior Secured Credit Facility with Banco Santander to finance its 81 MWdc Jasper County Solar Project in Indiana, a strategic addition to its growing...
Eni and the UK Government have reached financial close on the Liverpool Bay Carbon Capture and Storage (CCS) project, marking the official green light for construction. The initiative is central...
Electra, the clean iron startup aiming to decarbonize steelmaking, has raised $186 million in Series B funding. The round, co-led by Capricorn Investment Group and Temasek Holdings, pushes the company’s...
The Dutch government will invest €639 million ($726 million) into the Aramis carbon capture and storage (CCS) project after Shell and TotalEnergies withdrew from funding the pipeline infrastructure. Their exit...
Apollo-managed funds have committed up to $220 million in a joint venture with Bullrock Energy Ventures, targeting a significant expansion of community solar projects across New York and New England....
British International Investment (BII) and Boston Consulting Group (BCG) have launched a new framework designed to make blended finance funds significantly more attractive to private investors, unlocking billions in capital...
American Express Global Business Travel (Amex GBT) has launched a new data-driven sustainability recommendations feature for its Egencia platform, offering clients a first-of-its-kind solution to help reduce their corporate travel...
Goldman Sachs shareholders decisively rejected two anti-DEI proposals at the firm’s annual meeting, with each receiving only 2% support. The proposals, submitted by the National Center for Public Policy Research...
Sage Sustainable Electronics and environmental consultancy Bloom-ESG have introduced the first ISO 14064-certified carbon credit system for IT asset disposition—enabling corporations to turn responsible tech retirement into a strategic ESG...
The Inter-American Development Bank (IDB), IDB Invest, and the IFRS Foundation have launched a strategic partnership to promote the adoption and implementation of the IFRS Sustainability Disclosure Standards throughout Latin...
LEGO Group has cut its global factory water consumption for the third consecutive year, achieving a total usage of 753,711 m³ in 2024—56,000 m³ less than the previous year. The...
Novata has launched a new ESG Due Diligence solution designed to overhaul how private market deal professionals manage sustainability data—making it easier, faster, and more connected to long-term investment outcomes....
Caban, a Texas-based provider of renewable energy infrastructure, has raised $50 million in equity funding to accelerate the rollout of its Energy-as-a-Service (EaaS) solutions for critical infrastructure operators. The raise...
New York City Comptroller Brad Lander is tightening climate accountability across Wall Street, warning asset managers that failing to deliver robust Net Zero plans by June 30, 2025, will result...
Global business leaders are no longer sitting on the sidelines of the clean energy transition. A powerful consensus—97% of executives across 15 global markets—now urges governments to fast-track the phase-out...
Nestlé and ofi have unveiled their largest global agroforestry partnership yet, targeting long-term carbon reductions and a shift toward regenerative agriculture in cocoa production. The initiative spans Brazil, Côte d’Ivoire,...
Virgin Media O2 has announced a 56% cut in its Scope 1 and 2 emissions since 2020—confirming it’s on track to hit its 2030 target of a 90% reduction, aligned...
Google has signed its first offshore wind power purchase agreement (PPA) in Asia Pacific, committing to buy clean energy from the 495 MW Fengmiao I offshore wind project in Taiwan....
Schneider Electric, a global leader in energy management and automation, has launched its Environmental Data Program, significantly expanding access to environmental information across its product portfolio. This initiative builds on...
BloombergNEF’s New Energy Outlook 2025 delivers a sharp assessment of how the global energy transition may unfold by mid-century—assuming market forces, not climate mandates, dictate investment. While renewables and electrification...
IBM and the European Space Agency (ESA) have open-sourced TerraMind, the most advanced generative AI foundation model for Earth observation, now available on Hugging Face. Trained on TerraMesh—the largest geospatial...
China is accelerating its clean energy dominance, setting new records in the first quarter of 2025 that widen its lead over the U.S. and Europe. According to data from energy...
The New York State Common Retirement Fund is scaling up its climate investment strategy, adding $2 billion to the FTSE Russell TPI Climate Transition Index fund. This marks the second...
Zevero has launched a new AI-powered ESG Disclosure Reporting tool to streamline compliance with major sustainability frameworks and drastically reduce time spent on manual reporting. The carbon management platform’s latest...
National Geographic Society and PepsiCo unveiled a new global initiative, Food for Tomorrow, designed to accelerate the transition to regenerative agriculture and reframe how food systems are understood by policymakers,...
Sydney leads with new financing model for renewables Akaysha Energy has secured a A$300 million ($196 million) corporate debt facility to accelerate the rollout of large-scale battery energy storage systems...
Expanding Nature-Based Finance in the US Silvania, the global nature capital investment platform, has entered a strategic partnership with Alder Point Capital Management to accelerate sustainable investment in US timberland...
New Zealand Steps Into Utility-Scale Solar with Global Technology Partner Global solar tracker manufacturer GameChange Solar has entered the New Zealand market through a partnership with Bright Fern Energy on...
A Cross-Border First for Asia’s Energy Transition From ridgelines in southern Lao PDR, 133 turbines now send clean electricity across the border into Vietnam. The Monsoon Wind Power Project, which...
Rising Influence of Family Offices in ESG The latest survey from the Sustainable Finance Initiative (SFI) indicates a profound shift in global capital allocation, with 90% of family offices now...
Rome advances utility-scale renewables Enfinity Global has closed €316 million ($341 million) in financing to build eight utility-scale solar plants across Emilia Romagna, Basilicata, and Lazio. With a combined capacity...
A Strategic Bet on Hydrogen’s Next Phase Thyssenkrupp nucera has finalized the acquisition of core technology assets from the insolvent Danish company Green Hydrogen Systems (GHS), in a move designed...
Highlights Sphera, the Chicago-based sustainability and operational risk management software firm, has secured a new round of growth capital from Neuberger Berman Capital Solutions, adding a second major institutional backer...
Ghana and Singapore are strengthening their cooperation on sustainable development and agribusiness following bilateral talks in Singapore. The two countries confirmed they will deepen collaboration across carbon markets, modern agriculture,...
Diginex Limited and SGS have reaffirmed their strategic alliance to deliver technology-enabled sustainable finance solutions, extending a partnership first formed in 2022. The renewed collaboration aims to tackle rising demand...
Iberdrola España has begun commissioning its Ciudad Rodrigo photovoltaic plant, its second solar facility in Salamanca and one of the largest in Castilla y León. The 316 MW project, developed...
A new World Bank report warns that environmental decline is not only a climate crisis but also a major drag on economic growth. The study, Reboot Development: The Economics of...
TRIIBE is a nonprofit founded in 2024, is focused on helping established college-student-run nonprofit founders scale impact. TRIIBE has already formed a community rooted in resilience, compassion, and action. Most...
The Trump administration has canceled $679 million in federal funding for 12 offshore wind projects, a move that effectively derails several cornerstone initiatives launched under the Biden administration’s clean energy...
PepsiCo has released its 2024 ESG Summary, highlighting progress against its PepsiCo Positive (pep+) sustainability and nutrition strategy. Introduced in 2021, pep+ embeds sustainability across the company’s operations, guiding growth...
The Reserve Bank of India (RBI) has been advised to strengthen its climate risk framework by balancing global best practices with domestic realities, according to a new report by the...
Utrecht Leads with a Sharper Line on ESG UTRECHT – The Dutch pension fund PFZW has severed mandates worth roughly $34 billion with global managers BlackRock and Legal & General...
Copenhagen readies first EU-compliant sovereign green bonds Denmark is preparing to enter capital markets with what would be the world’s first sovereign bonds issued under the EU Green Bond Standard...