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Industrial Decarbonization Startup GlassPoint Raises $8 Million

ESG Today

Industrial decarbonization-focused startup GlassPoint announced that it has raised $8 million, with proceeds from the Series A funding round supporting its solution to reduce carbon emissions from industrial process heat in hard-to-abate sectors.

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Fashion Industry’s Role at COP27 in Driving Collective Action To Deliver on Decarbonization Targets

3BL Media

Amina Razvi, CEO of the Sustainable Apparel Coalition, joined other distinguished leaders, where they discussed opportunities to create transparency in the supply chain, deliver on decarbonization targets, and drive positive change across the industry. In 2009, Walmart and Patagonia identified this as a serious problem.

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General Atlantic’s Climate Fund BeyondNetZero Acquires Majority Stake in Real Asset ESG Data Provider GRESB

ESG Today

Founded in 2009, Amsterdam-based GRESB provides standardized and validated ESG data for real estate and infrastructure investments globally. We believe GRESB’s management of asset-level data and compelling value proposition deepen the Company’s position as an enabler of decarbonization for investors and asset managers.”

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Sofidel Commits to Net Zero by 2050

3BL Media

Sofidel is still accelerating its decarbonization journey. From 2009 to 2020, Sofidel reduced direct CO₂ emissions ( carbon intensity ) into the atmosphere by 24%. Net Zero is a commitment to our Planet, a fundamental goal for a company like ours engaged in a highly energy-intensive industry.

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Sustainable Aviation Fuel Startup CleanJoule Raises $50 Million

ESG Today

Founded in 2009, Utah-based CleanJoule has developed a proprietary process to manufacture SAF as well as renewable bio-polymer for consumer and commercial products from biomass such as agricultural residues. Three airlines participated in the funding round, including Frontier Airlines, Wizz Air, and Volaris.

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IKEA Parent Ingka Launches its First Battery Storage Project to Support Clean Energy Goals

ESG Today

Utility-scale energy storage unlocks the full potential of clean power to decarbonize our economy while providing increased reliability and certainty for our electric grid.” The new project follows a commitment by Ingka Investments in 2021 to expand its investments in renewable energy to €6.5 billion by 2030.

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Cummins' Technology to Be Part of First of Its Kind Hydrogen Plant in Florida

3BL Media

Since building our first solar energy center in 2009, FPL has constructed 50 solar energy centers, commissioned the world’s largest solar-powered battery and embarked on innovative pilot programs to advance microgrid technology and electric vehicle (EV) charging while eliminating coal from our fleet in Florida. link] @insideFPL.