Court Ruling Halts UK Approval of Major Shell, Equinor Oil and Gas Projects Over Lack of Climate Considerations
A Scottish court ruling quashed approvals by the UK’s Oil and Gas Authority (OGA) for major oil and gas projects in the North Sea...
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...
Microsoft Inks 7 Million Ton Nature-Based Carbon Removal Megadeal
Microsoft and nature-based carbon removal startup Chestnut Carbon announced today a new 25-year offtake agreement, with Chestnut providing Microsoft with more than 7 million...
IFRS Publishes Guidance for Companies Taking a Climate-First Approach to Sustainability Reporting
The IFRS Foundation announced the publication of a new guide, aimed at supporting companies beginning to apply the ISSB standards for sustainability reporting with...
Rio Tinto, Norsk Hydro to Invest $45 Million in Carbon Capture Tech for Aluminum Production
Mining giant Rio Tinto announced today a new partnership with Norway-based aluminum and energy company Norsk Hydro aimed at exploring carbon capture technologies to...
Earth AI Raises $20 Million to Use AI to Explore for Clean Energy Metals
Clean energy metals-focused predictive explorer and driller Earth AI announced that it has raised $20 million in Series B funding, with proceeds aimed at...
Meta Signs 595 MW Renewable Energy Deals in Texas
Meta announced that it has signed four environmentalEnvironmental criteria consider how a company performs as a steward of nature. More attribute purchase agreements (EAPAs)...
Zurich Signs 17,500 Ton Carbon Removal Deal with Climate Solutions Provider Nellie Technologies
Zurich Insurance Group announced today a agreement with bioengineered CO2 removal-focused startup Nellie Technologies, for the purchase of up to 17,500 tons of carbon...
Switzerland Sets Target to Reduce Greenhouse Gas Emissions by 65% by 2035
The Swiss government announced that it has approved a new climate goal, targeting a 65% reduction in greenhouse gas (GHG) emissions by 2035, on...
EU Pledges “Far-Reaching Simplification” in Sustainability Reporting in New Competitiveness Roadmap
The European Commission announced the release of its highly-anticipated “Competitiveness Compass” on Wednesday, outlining its new roadmap aimed at boosting Europe’s productivity and global...