BBVA Sustainable Finance Activity Surges by 48%
Spanish Bank BBVA announced that it achieved a quarterly sustainable finance record, channeling more than €30 billion (USD$34.6 billion) into environmentalEnvironmental criteria consider how a...
Shein Fined €1 Million for Greenwashing in Italy
The Italian Competition Authority (AGCM) announced that it has fined global fashion online retailer Shein’s website operator Infinite Styles Services Co €1 million (USD$1.15 million)...
Meta Builds New Data Center with Wood to Cut Carbon Footprint
Facebook, Instagram and WhatsApp owner Meta announced a new initiative aimed at cutting the embodied carbon footprint of its data centers, piloting the use...
Texas Judge Greenlights Multi-State Lawsuit Accusing BlackRock, Vanguard, State Street of Using Climate Initiatives to Manipulate Energy Markets
A U.S. federal judge has denied motions to dismiss most of the claims in a multistate lawsuit accusing asset managers BlackRock, Vanguard and State...
Mars Launches $5 Million Program to Develop Climate-Resilient Peanut
Snacking, food, and pet care products provider Mars announced the launch of the Mars Protect the Peanut Plan, a new multi-million dollar agri-science initiative...
EU Launches Consultation on Upcoming Circular Economy Regulation
The European Commission announced the launch of a new consultation and call for evidence for its upcoming Circular Economy Act, kicking off the process...
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...
Barclays Exits Net Zero Banking Alliance
Barclays announced that it has decided to exits the Net-Zero Banking Alliance (NZBA), marking the second UK-based bank to withdraw from the UN-backed coalition...
EFRAG Releases Proposed Simplified CSRD Sustainability Reporting Standards
The European Financial Reporting Advisory Group (EFRAG) announced the publication of its revised Exposure Drafts of the European Sustainability Reporting Standards (ESRS), significantly simplifying...
Helion Breaks Ground on First Fusion Power Plant to Supply Energy to Microsoft
Clean energy startup Helion announced that it has started working on the site of Orion, its first fusion power plant, aimed at providing carbon-free...