Heat Pump Startup Aira Raises $174 Million to Decarbonize Residential Heating
Heat pump startup Aira announced today that it has raised €150 million (USD$174 million) in a new equity financing, with proceeds aimed at supporting...
Watershed, Stanford Take Over Key Supply Chain Emissions Database After EPA Stops Updating it
Climate solutions provider Watershed announced the launch of “Cornerstone,” a new initiative in partnership with Stanford University’s Stanford Sustainable Solutions Lab, aimed at maintaining...
Fortescue Turns to China for $2 Billion Loan to Fund Decarbonization as U.S. “Steps Back” from Green Investments
Australia-based iron ore mining company Fortescue announced that it has secured a RMB 142. Billion (USD$2 billion) Renminbi denominated (RMB) Syndicated Term Loan Facility,...
EBA Instructs Regulators to Hold off on Enforcement of ESG Disclosure Requirements for Banks
EU banking supervisor The European Banking Authority (EBA) announced the publication of a no action letter, recommending that regulators not prioritize the enforcement of...
ESG Today: Week in Review
This week in ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to...
Lyten Acquires Bankrupt Battery Giant Northvolt
Advanced materials company Lyten announced an agreement to buy most of the key assets of bankrupt EV battery company Northvolt, with plans to restart...
Energy Vault Raises $300 Million to Launch New Energy Storage Platform
Grid-scale energy storage solutions provider Energy Vault announced that it has entered into an agreement for a $300 million preferred equity investment, aimed at...
BTG Pactual TIG Awarded $750 Million Sustainable Timberland Investment Mandate by Nest
UK pension scheme Nest announced the appointment of BTG Pactual Timberland Investment Group (BTG Pactual TIG) to implement a strategy providing its members with...
Standard Chartered Signs Deal to Sell Carbon Credits to Protect Rainforests
UK-based international banking group Standard Chartered announced today a new agreement with the government of the Brazilian State of Acre, with the bank acting...
UBS Exits Net Zero Banking Alliance
Swiss banking and financial services group UBS announced today that it has decided to withdraw from the Net-Zero Banking Alliance (NZBA), becoming the first...