DHL, IAG Cargo Sign Deal to Use 60 Million Liters of SAF to Ship Air Freight
Logistics giant DHL and International Airlines Group’s (IAG) cargo handling business IAG Cargo announced today an expanded agreement, with IAG Cargo to use an...
NYC Proposes Ban on Investments in Fossil Fuel Infrastructure for Pension Funds
New York City Comptroller Brad Lander announced a new proposal to expand the city’s pension funds’ fossil fuel investment exclusion policy by ceasing future...
Redaptive Raises $100 Million to Scale Energy-Saving Decarbonization Solutions
Energy-as-a-Service solutions provider Redaptive announced today that it has raised $100 million through an equity investment from the Canada Pension Plan Investment Board (CPP...
TrusTrace Launches EUDR Deforestation Regulation Compliance Solution
TrusTrace, which provides a digital platform for product traceability and supply chain transparency, announced today the launch of a new Deforestation Compliance Solution aimed...
Universal Fuel Technologies Raises $3 Million for Solution to Cut Sustainable Aviation Fuel Production Cost in Half
California-based Universal Fuel Technologies (Unifuel), which is developing technology to cut sustainable aviation fuel (SAF) production costs, announced that it has raised $3 million...
Mirova Wins Mandate to Manage New €100 Million Biodiversity Fund
Sustainable investing firm Mirova announced that it has been selected to manage “Objectif biodiversité” a new fund launched by a consortium of French institutional...
SEC Fines WisdomTree $4 Million for Investing in Fossil Fuels and Tobacco in ESG Funds
The U.S. Securities and Exchange Commission (SEC) announced that it has charged ETF provider and asset manager WisdomTree with making misstatements and compliance failures...
Hong Kong Tells Banks to Target Net Zero Financed Emissions, Disclose Climate Risks and Opportunities
The Hong Kong Monetary Authority (HKMA), Hong Kong’s central banking institution, announced the launch of its Sustainable Finance Action Agenda, setting out a series...
Southwest Airlines Signs Sustainable Aviation Fuel Purchase Agreement with Valero
Southwest Airlines announced a new supply agreement for up to 25 million gallons of sustainable aviation fuel (SAF) for use at Chicago Midway International...
Mercedes-Benz Launches Battery Recycling Plant Producing New Vehicle-Grade Lithium, Nickel and Cobalt
Mercedes-Benz announced today the opening of a new battery recycling plant in Kuppenheim, southern Germany, creating “a genuine circular economy,” according to the company,...