22-State Coalition Sues to Block New York Law Charging Oil Companies $75 Billion to Pay for Climate Adaptation
A coalition of 22 U.S. State Attorneys General, led by West Virginia AG JB McCuskey, announced the launch of a lawsuit filed in a...
California Climate Reporting Law Survives Challenge Claiming that “Shaming” Companies Through Emissions Disclosure Violates Constitution
New California laws that will require most large U.S. companies to disclose their value chain emissions and report on climate risks and strategies survived...
Heat Pump Software Startup Nido Raises €5 Million
Spain-based heat pump technology platform Nido announced today that it has raised €5 million in a Seed funding round, with proceeds aimed at advancing...
Salesforce, Partners Launch Energy Ratings for AI Models
CRM solutions provider Salesforce, alongside AI community platform Hugging Face, AI developer Cohere, and Carnegie Mellon University, announced today the launch of the AI...
Equinor Slashes Energy Transition Investment Plans
Norway-based energy company Equinor announced a substantial reduction in its renewable energy and low carbon solutions investment and development plans, citing a need to...
HSBC Appoints Julian Wentzel as New Chief Sustainability Officer
HSBC announced the appointment of Julian Wentzel as its new Group Chief Sustainability Officer, according to an internal memo seen by ESGEnvironmental, social, and...
Achilles Launches New Supply Chain Sustainability Reporting Solution
Supply chain risk and performance management solutions provider Achilles announced the launch of Achilles Analytics, a new tool aimed at enabling companies to meet...
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...
Tyba Raises $14 Million for Solution to Maximize Value of Energy Storage Projects
Energy storage software startup Tyba announced that it raised $13.9 million in a Series A funding round, with proceeds aimed at advancing its solution...
EU Invests $439 Million in Alternative Fuels Infrastructure Projects to Decarbonize Transport
The European Commission announced that it will allocate €422 million (USD$439 million) to 39 alternative fuel infrastructure projects, aimed at supporting the transition to...