This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Our accredited partnership program is a crucial part of our efforts to support financial institutions in their efforts towards decarbonization and is key to accelerating the transition towards a more sustainable and equitable global economy.
Founded in 2020, Brooklyn, New York-based Amogy offers ammonia-based, emission-free, high energy-density power solutions aimed at decarbonizing hard-to-abate sectors such as heavy-duty transportation, maritime, power generation, and heavy industry. To date, the company has raised nearly $300 million.
Terra also announced a new credit facility provided by Silicon Valley Bank and Stifel Bank. Its ability to support the decarbonization of a heavy industry such as cement aligns with our commitment to support scalable, near-term solutions in hard-to-abate sectors.”
million pounds of plastic from flights; KKR, ECP to invest $50 billion in datacenter capacity and power generation; law firms ramp up ESG training for lawyers; capital raises for sustainable heating, industrial decarbonization, energy sector emissions solutions, and more.
Some landlords have struggled to comply with strict decarbonization regulations cropping up in jurisdictions like British Columbia and California, among them building code requirements to “fuel switch” (i.e., That means it is tapping the earth’s heat, rather than conventional gas-fired boilers, to warm and cool the building’s interior spaces.
This quiet forest and wetlands on the banks of the Richelieu River outside of Montreal is in the midst of a dramatic transformation, buzzing with activity that may pave the way for our future. At least, that is what leaders in Quebec are banking on, as the province gears up to assume an axis position in the world’s electrified transition.
Oesterreichische Kontrollbank AG Sustainable development bank Oesterreichische Kontrollbank (OeKB) or Austrian Control Bank is a special-purpose financial institution owned by Austrias main banks. Today, its products support the energy transition by using feedstock and used cooking oil to decarbonize fuel.
Without clear standards, increased capital flows mean increased risk that climate finance becomes a branding exercise rather than a meaningful driver of decarbonization. Each of Canadas big six banks were involved in sustainably labelled transactions that financed the expansion of fossil fuel infrastructure.
onshore wind business, capital raises solutions to decarbonize shipping, power generation, data centers, and more. onshore wind business, capital raises solutions to decarbonize shipping, power generation, data centers, and more. billion in sustainable finance; bp sells its U.S. billion in sustainable finance; bp sells its U.S.
Barclays Group Head of Sustainability Laura Barlow has stepped down from her position at the UK-based bank, ESG Today has confirmed. A spokesperson from Barclays said that Barlow will continue to work for the bank as an advisor. Most recently, several U.S. Most recently, several U.S.
Over 900 business leaders came together in Bangkok to explore how the regions rapid economic growth, substantial renewable investments, and diverse ecosystems provide opportunities to lead on decarbonization. Attendees were invited to register for the Cascale Forum , which will take place May 14-15 in Ho Chi Minh City, Vietnam.
From the ranking leader Hydro-Qubecs $155-billion green-energy expansion plan, to 12th-place Bpifrance banks financing solar and wind power loans, the inaugural list shows how investments in renewable energy pay off. Bpifrance Bpifrance is a French public-sector bank that bills itself as a one stop shop for entrepreneurs.
SEC drops anti-greenwashing rules for funds; EU Commission to withdraw anti-greenwashing regulations; Amazon buys sustainable fuel for cargo flights; Goldman Sachs launches new sustainable bond funds; IFRS launches sustainability reporting education course; France targets environmental impact of fast fashion; EU to remove 90% of companies from scope (..)
billion in decarbonization technology and clean hydrogen projects, utilizing funds raised through its EU Emissions Trading System (EU ETS). billion to accelerate the production of renewable hydrogen through the European Hydrogen Bank. billion to accelerate the production of renewable hydrogen through the European Hydrogen Bank.
billion sustainability-linked credit line with an international consortium of banks. billion sustainable credit lines, and €6 billion sustainable commercial paper, in addition to green and sustainable bank loans, and green structured finance and multilateral loans. The financing deal was signed with 23 banks. billion (USD$7.7
data centers, and more. Data Centers Microsoft Signs Deal for 4.8 Million Tons of Carbon Removal Generated Through Improved Forest Management JPMorganChase Signs 10-Year DAC Carbon Removal Deal with Oxy’s 1PointFIve Target, Gap Partner with Cleantech Startup Syre to Scale Circular Materials in Textiles Microsoft Signs Deal to Remove 2.6
Tokyo-based banking and financial services company Mizuho Bank and Temasek-owned decarbonization solutions-focused investment platform GenZero announced today a new partnership aimed at developing transition credits to help fund the acceleration of the early retirement of coal-fired power plants.
VERGE empowers professionals decarbonizing and future-proofing their organizations and supply chains through climate technologies. Trellis Impact 25 brings together VERGE , Bloom , and GreenFin and will be held October 28-30, 2025, at the San Jose Convention Center in San Jose, CA.
Bhargava said: Toyota is an invaluable collaborator in overcoming one of the most complex challenges of decarbonizing the auto industry: ensuring electric grid reliability by transforming EVs into grid-interactive assets.
Green activities include those that meet criteria determined by Paris-aligned decarbonization scenarios, as well as those that directly enable the decarbonization of another activity. Transition activities include those that help decarbonize emissions-intensive activities move towards closer alignment with a 1.5°C
Founded in 2014, Calgary-based Carbon Upcycling delivers carbon and waste circularity solutions aimed at decarbonizing hard-to-abate industries, including upcycling industrial CO2 emissions and byproducts into low-carbon cement. The round was led by impact platform Builders Vision.
trillion in assets under management, led by responsible investing NGO ShareAction, called on HSBC at its AGM on Friday to restate its net zero commitments, noting that recent moves by the bank have created deeply concerning signals around its climate priorities. A group of 30 investors* representing $1.6
JPMorganChase and 1PointFive, the Direct Air Capture (DAC)-focused subsidiary of energy giant Occidental (Oxy) announced a new agreement, with the bank purchasing 50,000 metric tons of carbon dioxide removal (CDR) credits over 10 years from a new DAC plant in Texas.
The study found the highest scores in sectors with significant exposure to climate risk, with the energy and insurance sectors each achieving 59% quality scores, and strong year-over-year improvements in other transition risk-exposed sectors including mining, banking and transportation.
The ECB also announced in 2022 that it would begin incorporating climate change considerations into its monetary policy framework, with actions including the decarbonization of its portfolio of corporate bond holdings over time, and the introduction of climate-related disclosure requirements for collateral.
Global alternative investment manager Apollo and UK-based international banking group Standard Chartered announced today the launch of a new strategic partnership focused on accelerating financing for infrastructure, clean transition and renewable energy globally.
International banking group Standard Chartered announced that it achieved $982 million income generation from sustainable finance in 2024, growing by 36% year-over year. The bank also has also announced an interim financed emissions target for the agriculture sector, with goals now in place for all 12 of its highest carbon emitting sectors.
International banking group Standard Chartered announced that it achieved $982 million income generation from sustainable finance in 2024, growing by 36% year-over year. The bank also has also announced an interim financed emissions target for the agriculture sector, with goals now in place for all 12 of its highest carbon emitting sectors.
The European Investment Bank (EIB) and Paris-based financial services group Societe Generale announced the launch of a new clean energy financing initiative, aimed at unlocking as 8 billion in investments to support manufacturers across the wind energy supply chain in Europe.
HSBC announced today that its Group Chief Sustainability Officer Celine Herweijer will be stepping down from her role and departing the bank at the end of the year. The firm said that Julian Wentzel, currently Head of Global Banking, MENAT, will be assuming the position of Interim Group Chief Sustainability Officer.
Pulpex CEO Scott Winston said: This investment will drive the decarbonization of the packaging sector using leading edge Material Bioscience to ensure this much-needed alternative to glass and plastic will deliver its ambition. The round was led by the National Wealth Fund (NWF) and the Scottish National Investment Bank.
According to FourTwoThree, the new platform integrates with existing bank infrastructure and meets enterprise-level requirements for risk, security, and performance, automating carbon footprint calculations for SMEs and providing tailored guidance to support decarbonization efforts.
International banking group Standard Charteredannounced the release of its inaugural Transition Plan, outlining its detailed plan to achieve its climate goals, including its target to reach net zero emissions across its financing activities by 2050.
This week in ESG news: EU Council approves delay of sustainability reporting regulations; ING becomes first major bank with approved science-based financed emissions targets; PwC study finds vast majority of companies are keeping – or raising – climate goals; SEC walks away from climate reporting requirements; Airbus commits to build hydrogen-powered (..)
In his most recent role, Kennedy has served as a Partner at global professional services firm EY, focused on corporate sustainability, leading work on net zero strategy and planning for businesses across the banking, food, infrastructure and manufacturing sectors.
The announcement by UBS marks the latest in a series of moves by banks globally to withdraw or pull back on climate commitments, although UBS changes appear less drastic than those by some of its peers.
Million Carbon Removal Startup Founded by 16-Year Old Raises $3.5 Million Carbon Removal Startup Founded by 16-Year Old Raises $3.5 Million Carbon Removal Startup Founded by 16-Year Old Raises $3.5
The panel called for sector-by-sector decarbonization plans, corporate climate disclosure rules and investment incentives for clean energy and fossil fuel emission reductions, among other recommendations. Much bigger investments are needed to keep up in the global sprint to decarbonize the economy.
billion) refinancing and upsizing of its existing bank debt facilities, providing the company with more than A$1 billion of growth capital to support the development of new projects. The company has more than 710MW contracted capacity across approximately 15 sites, secured under long-term contracts, and recently completed a A$1.9
The new agreement follows an initial MOU signed by JPMorgan and CO280 in 2023 , forming part of a series of deals by the bank totaling more than $200 million, one of the largest-ever CDR purchase announcements at the time.
This week in ESG news: Survey finds companies not in favor of process to reduce CSRD sustainability reporting requirements; SAP launches new suite of sustainability data tools; Microsoft buys low carbon building materials to help spur clean solutions markets; EU on track to reach 2030 climate goals; EBA proposes simplifying ESG reporting for banks; (..)
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content