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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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Sofidel Commits to Net Zero by 2050

3BL Media

The Net Zero goal, i.e. reduction of greenhouse gas emissions and the subsequent removal of residual emissions to as close to zero as possible along the entire value chain , is at the heart of the European Green Deal and considered crucial to limiting global warming to well below 2°C in line with the Paris Agreement.

Net Zero 147
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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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Sustainable Apparel Coalition and International Apparel Federation Announce Collaboration Agreement

3BL Media

This collaboration aims to advance a shared vision for equitable and sustainable global supply chains for the apparel and fashion industry. The two organizations come together with the shared belief that their collaboration can catalyze net-positive effects on the societies and communities of which they are a part.

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DHL Invests $85 Million in Biomethane Production to Power Trucks

ESG Today

DHL Group’s contract logistics division DHL Supply Chain announced an €80 million (USD$85 million) investment into a dedicated biomethane production facility in Cork, Ireland, run by biogas developer Stream BioEnergy.

Net Zero 112
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Clean Energy Platform Palmetto Raises $150 Million

ESG Today

Founded in 2009, Palmetto provides end-to-end solutions helping U.S. TPG Rise Climate not only has deep experience across the clean energy supply chain, but this capital will also help us leapfrog some of our consumer product lines where we feel the market competition isn’t serving the consumer as optimally as they deserve.”