ADNOC Launches $80 Billion Low Carbon Energy and Chemicals Investment Platform
The Abu Dhabi National Oil Company (ADNOC) announced the launch of XRG, described by the company as a new “lower-carbon energy and chemicals investment...
EQT, GIC Acquire Majority Stake in Energy Transition Infrastructure Provider Calisen
Private equity and venture capital investor EQT Group and Singapore’s sovereign wealth fund, GIC, announced today the acquisition of a majority stake in UK-based energy...
European Commission Publishes EU Taxonomy FAQ to Help Investors Implement Sustainability Classification System
The European Commission announced the publication of a new set of frequently asked questions (FAQs), aimed at helping support investors in the implementation of...
Guest Post: The Path to AI-Powered Sustainability and ESG Lies in Partner Ecosystems
By: Sheri Hinish, Principal Global Consulting Sustainability, Technology + Ecosystems Leader, EY We stand at the intersection of two revolutions—sustainability and artificial intelligence. One...
Texas Launches Multi-State Lawsuit Accusing BlackRock, Vanguard, State Street of Using ESG Investing to Manipulate Energy Markets
Texas Attorney General Ken Paxton announced the launch of a lawsuit against investment giants BlackRock, Vanguard and State Street, joined by 10 other states,...
Thailand Issues Inaugural $865 Million Sustainability-Linked Bond
The government of Thailand announced the completion of its first Sustainability-Linked Bond (SLB), raising 30 billion baht (USD$865 million), with interest rates on the...
BNP Paribas AM, Mirova Acquire Majority Stake in Renewables Developer Arkolia
Sustainability-focused investment manager Mirova and BNP Paribas Asset Management (BNPP AM) announced that they have acquired a majority stake in French renewable energy developer...
Stegra Signs 6 TWh Electricity Deal to Power Green Steel Production
Swedish green iron and steel maker Stegra (formerly H2 Green Steel) announced that it has signed a long-term power purchase agreement (PPA) with German...
LEGO Group Rolling Out Paper-Based Bags for Packaging Bricks
LEGO Group updated its progress on its initiative to switch to paper bags in the packaging of its LEGO sets, as part of the...
AWS Signs Deal for Fossil Free Steel for Data Center with SSAB
Under a new agreement, Swedish steel manufacturer SSAB will provide fossil-free steel to Amazon Web Services for use in construction of one of its...