Northvolt Files for Bankruptcy
Battery manufacturer Northvolt announced that it has filed for bankruptcy in Sweden, marking a major downfall for one of the most ambitious endeavours to...
BNP Paribas AM Establishes €800 Million Venture and Impact Platform
BNP Paribas Asset Management (BNPP AM) announced the creation of a new entity, the Venture and Impact platform, within its Private Assets division. Launched...
LEGO Group Nearly Triples Renewable Materials in Bricks in 2024
The LEGO Group revealed significant progress in its efforts to increase the use of sustainable materials in its products, announcing that its LEGO bricks...
NextEnergy Raises $950 Million for Newbuild Solar Fund
Solar developer NextEnergy Group’s investment management arm NextEnergy Capital announced that it has raised a total of £733 million (USD$949 million) for NextPower UK...
Supercritical Raises $18 Million to Scale Low-Cost Green Hydrogen Solution
Green hydrogen startup Supercritical Solutions announced that it has raised £14 million (USD $18 million) in a Series A investment round, with proceeds to...
CFA Institute Drops “ESG” Label from ESG Investing Certificate
Global investment professional association CFA Institute will be dropping the “ESG” term in its “Certificate in ESGEnvironmental, social, and governance (ESG) criteria are a...
Standard Chartered Issues $1 Billion Social Bond to Fund Sustainable Development in Emerging Markets
UK-based multinational bank Standard Chartered announced that it has issued its first-ever SocialSocial criteria examine how it manages relationships with employees, suppliers, customers, and...
Glass Lewis Acquires Investment Stewardship Data Platform Esgaia
GovernanceGovernance deals with a company’s leadership, executive pay, audits, internal controls, and shareholder rights. More solutions and proxy voting services company Glass Lewis announced...
Google to Provide Advertisers with Carbon Footprint Data for Ads
Google announced the launch of its new Carbon Footprint for Google Advertising reports, aimed at enabling advertisers to measure and manage the carbon emissions...
Half of Execs Report Higher Sales, Lower Costs from Sustainability Initiatives
Business leaders are seeing a wide range of value creation benefits from their companies’ sustainability activities, with more than 60% reporting improved employee attraction...