Clean Energy Producer Solveo Raises €98 Million
French renewable energy producer Solveo Energies announced that it has raised €98 million (USD$111 million) in a new financing round, with proceeds from the...
Starbucks Launches Compostable, Recyclable Cups
Starbucks announced the launch of a new version of its flagship takeaway white cup in Europe, replacing the cup’s plastic lining and plastic lids...
TotalEnergies Commissions its Largest Solar Project in Europe
France-based energy giant TotalEnergies announced that it has inaugurated its largest solar power plant cluster in Europe, consisting of five projects near Seville, Spain,...
EU Lawmakers Adopt Rules Giving Automakers More Time to Meet Emissions Targets
The European Council announced today that it has adopted amendments to a regulation on CO2 emissions standards for new passenger cars and vans, giving...
BlackRock Enters Talks to Acquire Co-Controlling Stake in Eni’s Carbon Capture Business
Italian energy company Eni announced today that it has signed an exclusivity agreement with BlackRock’s infrastructure-focused unit Global Infrastructure Partners (GIP) for the potential sale...
Snam Raises $2 Billion in First-Ever Sustainability Linked Bond Offering Tied to Full Value Chain Net Zero Targets
Italian energy infrastructure and services provider Snam announced that it has raised $2 billion in a multi-tranche sustainability linked bond (SLB) offering, with the...
EBA Proposes Simplified ESG Reporting Requirements for Banks
EU banking supervisor The European Banking Authority (EBA) announced the release of new proposed amendments to Pillar 3 disclosure requirements for banks, including simplifications...
India-Based Climate Tech Startup Alt Carbon Raises $12 Million to Trap Carbon in Rocks and Soil
India-based climate tech startup Alt Carbon announced that it has raised $12 million in a seed financing round, with proceeds aimed at scaling its...
EU Ombudsman Launches Inquiry into Commission’s Process to Reduce Sustainability Reporting, Due Diligence Requirements
EU Ombudsman Teresa Anjinho announced that she has opened an inquiry into the process behind the European Commission’s Omnibus proposal to simplify and reduce...
Germany Walks Back Call to Scrap the EU’s Supply Chain Sustainability Law
Germany’s federal government softened its language on calls to eliminate the EU’s new law requiring companies to address their negative impacts on human rights...