PepsiCo Pushes Back Climate, Packaging Goals Due to “External Realities”
Food and beverage giant PepsiCo announced today a series of updates to its key sustainability goals in areas across climate, packaging, agriculture and water,...
EU Lawmakers Agree to Exempt 90% of Companies from CBAM Import Carbon Tax
Lawmakers in the European Parliament voted 564 – 20 today to approve proposed changes to approve proposed changes to the Carbon Border Adjustment Mechanism...
Microsoft Signs Largest-Ever Biochar Carbon Removal Agreement
Carbon removal provider Exomad Green announced a new deal with Microsoft, with the tech giant agreeing to purchase at least 1.24 million tonnes of...
FedEx Buys 3 million Gallons of Sustainable Aviation Fuel for LAX Flights
Global delivery giant FedEx announced the purchase of more than three million gallons of blended sustainable aviation fuel (SAF) over one year from producer...
Microsoft Launches Solutions Enabling Users to Manage, Reduce Carbon Impact of Cloud Computing
Microsoft announced the launch of new solutions and capabilities aimed at enabling users of its Azure cloud computing platform to take sustainability considerations into...
Lululemon Appoints Former Nike CSO as New Sustainability Head
Athletic apparel company lululemon announced the appointment of former Nike Chief Sustainability Officer Noel Kinder to lead the company’s sustainability team as Senior Vice...
EU Awards Over $1 Billion to Renewable Hydrogen Production Projects
The European Commission announced that it has selected 15 projects across the European Economic Area (EEA) to receive €992 million (USD$1.1 billion) in funding...
Carlyle Launches New Clean Energy Infrastructure Development Platform
Global private capital investment firm Carlyle announced the launch of Revera Energy, a new platform that will invest in and develop sustainable and clean...
JPMorgan Signs Large-Scale Carbon Removal Deal for Under $200 per Ton
JPMorganChase and carbon dioxide removal (CDR) project developer CO280 announced a new large-scale, long-term CDR purchase agreement, with JPMorgan agreeing to offtake 450,000 tons...
Neot Raises $390 Million to Launch New Sustainable Mobility Financing Platform
Low carbon mobility-focused finance and investment firm Neot Capital announced the launch of Neot e-motion, a new leasing platform dedicated to zero-emission mobility in...