IBM, L’Oréal to Use AI to Develop More Sustainable Cosmetics
Tech giant IBM and global beauty company L’Oréal announced the launch of a new collaboration aimed at leveraging generative artificial intelligence (GenAI) technology to advance...
Nestlé, Unilever, Mars Warn Against Revisiting EU Sustainability Reporting and Due Diligence Laws
A group of major European companies, investors and industry associations published a letter to European Commission leaders, expressing concerns that the upcoming “Omnibus” package...
U.S. Federal Reserve Leaves Climate Risk-Focused Central Bank Coalition
The U.S. Federal Reserve announced on Friday that it has withdraw from the Network of Central Banks and Supervisors for Greening the Financial System...
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...
Algebris Launches €100 Million Climate Tech Venture Fund
Global asset manager Algebris Investments announced today the launch of Algebris Climatech, a new fund aimed at investing in climate and deep tech startups...
SocGen, EIB Team up to Unlock Billions to Finance Clean Energy Development
The European Investment Bank (EIB) and Paris-based financial services group Societe Generale announced the launch of a new clean energy financing initiative, aimed at...
Cleantech Startup Amogy Raises $56 Million to Advance Carbon-Free Power Solutions for Hard-to-Abate Industries
Clean fuel tech startup Amogy announced that it raised $56 million in venture financing for solutions aimed at decarbonizing transportation, heavy industry and other...
IFC Issues $2 Billion Social Bond to Fund Projects in Emerging Markets
World Bank Group member the International Finance Corporation (IFC) announced today that it has raised $2 billion in a new socialSocial criteria examine how...
Google Signs One of Largest-Ever Biochar Carbon Removal Purchase Deals with India’s Varaha
India-based global climate tech startup Varaha and Google announced today a new offtake agreement, with Google agreeing to purchase 100,000 tonnes of carbon removal...
Mars Appoints Alastair Child as New Chief Sustainability Officer
Snacking, food, and pet care products provider Mars announced today the appointment of Alastair Child as its new Chief Sustainability Officer. Child takes on...