Sumitomo Mitsui Becomes First Japanese Bank to Exit Net Zero Banking Alliance
Sumitomo Mitsui Financial Group (SMFG), Japan’s second largest bank, revealed that it has decided to exit the Net-Zero Banking Alliance (NZBA), further expanding what...
M&G to Adopt “Sustainability Improvers” Label for Climate-Focused Fund Range
International investment manager M&G Investments announced that it will adopt the new “Sustainability Improvers” label introduced by the UK Financial Conduct Authority (FCA)’s Sustainability...
Over 40% of Senior Executives Prioritizing ESG in Career Decisions: Survey
More than 40% of senior executives report that they prioritize ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s...
Baker Hughes, Frontier Infrastructure to Develop Large-Scale Power and Carbon Capture Projects
Energy technology and services company Baker Hughes and low-carbon infrastructure developer Frontier Infrastructure announced a new partnership aimed at accelerating the deployment of large-scale...
Carbon Credit Platform Puro.earth Appoints Jan-Willem Bode as New President
Carbon removal marketplace Puro.earth announced the appointment of Jan-Willem Bode as its new President, in addition to announcing two other senior appointments. The changes...
Mitico Raises $4.3 Million to Commercialize Industrial Carbon Capture Solution
Carbon capture technology firm Mitico announced that it has raised $4.3 million in seed funding, with proceeds to be used to pilot and scale...
Standard Chartered to Engage with all Priority Clients in High-Emitting Sectors Over Next 12 Months
International banking group Standard Chartered announced the release of its inaugural Transition Plan, outlining its detailed plan to achieve its climate goals, including its target...
LEGO Group Launches Tires Containing Recycled Materials from Engine Oil, Fishing Nets
The LEGO Group announced the introduction of tire pieces in its toy sets containing recycled materials, forming part of the company’s efforts to increase...
EU to Give Automakers More Time to Meet Emissions Goals
European automakers will be given increased breathing room to meet vehicle emissions reduction requirements, according to European Commission President Ursula von der Leyen, with...
CarbonQuest Raises $20 Million to Capture CO2 from Buildings
Carbon capture technology firm CarbonQuest announced that it has raised $20 million in a funding round, with proceeds aimed at advancing and expanding its...