Climeworks Raises $162 Million to Scale Carbon Removal Solutions
Zurich-based Carbon removal solutions provider Climeworks announced today that it has raised $162 million in a new equity funding round, with proceeds from the...
Nestlé Expands Program to Improve Livelihoods in Cocoa Supply Chain to 50,000 Families
Global food and beverage company Nestlé announced the release of a new independent evaluation of its income accelerator program promoting improved livelihoods for cocoa...
Nokia Ties Terms of New €1.5 Billion Debt to Performance Towards Value Chain Emissions Goals
Telecommunications and networking technology company Nokia announced that it has signed a new €1.5 billion multicurrency revolving credit facility, with pricing on the new...
Google Signs Largest-Ever Corporate Fusion Energy Purchase Deal
Google announced that it has signed the largest-ever direct corporate offtake agreement for fusion energy with Commonwealth Fusion Systems (CFS), as well as an...
EU Regulators Propose Integrating ESG Risks into Stress Tests for Banks, Insurers
Europe’s three primary financial regulatory agencies, the European Supervisory Authorities (ESAs) announced the publication of new draft Joint Guidelines on ESGEnvironmental, social, and governance...
Companies, Investors Campaign to Keep Meaningful EU Sustainability Reporting and Due Diligence Requirements
A coalition of 198 organizations, including more than 150 companies and investors, as well as dozens of service providers and sustainability-focused groups announced today...
Eni, Azimut Launch €100 Million Clean Energy Tech Venture Fund
Italian energy company major Eni’s venture capital unit Eni Next announced a new strategic partnership with asset manager Azimut to accelerate the development of...
Microsoft Signs Deal to Remove 1.1 Million Tons of CO2 Through Waste-to-Energy Carbon Capture
Oslo-based power and heat provider Hafslund Celsio announced today a new carbon removal offtake agreement with Microsoft, with the tech giant purchasing more than...
Norway Sets Goal to Reduce GHG Emissions by 70% – 75% by 2035
The government of Norway announced a new climate target, aiming to reduce absolute economy-wide emissions by at least 70% to 75%, on a 2019...
EU Commission Clarifies Anti-Greenwashing Law Has Not Been Withdrawn
The Green Claims Directive, a new proposed regulation aimed at protecting consumers from greenwashing claims about the environmentalEnvironmental criteria consider how a company performs...