GM, Stellantis pivot from EVs to build more gas vehicles
ESG Dive – Latest News As electric vehicle adoption slows in the U.S. and federal grants dry up, automakers and suppliers are shifting...
More than 20 Airlines to Change Environmental Claims After Greenwashing Investigation
The European Commission announced an agreement with over 20 airlines* including Air France, Lufthansa and KLM, with commitments from the companies to stop using...
IDB Issues Inaugural “Amazonia Bond” to Fund High-Impact Environmental, Social Projects
The Inter-American Development Bank (IDB) announced that it has raised $100 million through its first Amazonia Bond issuance, aimed at funding high-impact environmentalEnvironmental criteria consider...
Rubio Launches Climate & Social Impact Fund with Over $80 Million in Commitments
Impact venture fund Rubio Impact Ventures announced that it has raised more than €70 million in commitments for its new impact fund, Rubio Fund...
Shell, Mitsubishi invest $17M in hybrid direct air capture startup
ESG Dive – Latest News DAC developer Avnos will use the funding to build its first commercial-scale facility for its technology that pulls...
ICMA Launches Climate Transition Bond Label
The International Capital Market Association (ICMA) announced today the publication of its new guidance for Climate Transition Bonds, introducing transition bonds as a new...
Google Signs 200,000 Ton Reforestation-Based Carbon Removal Deal with Mombak
Google announced that it has signed a new agreement with Brazil-based Mombak, to purchase 200,000 tons of CO2 removal, generated through the restoration of...
Former Paramount exec alleges termination was related to DEI goals
ESG Dive – Latest News The White, 58-year old exec alleged he was fired as part of a purported reduction in force, but replaced...
IKEA Launches Project to Protect, Restore Forest in Brazil
IKEA announced that the Inter IKEA Group has launched a new project with BTG Pactual Timberland Investment Group (TIG) to protect, restore, and responsibly manage...
EU Commission to Invest Over $3 Billion to Jumpstart Sustainable Transport Fuel Sector
The European Commission announced the launch of its new Sustainable Transport Investment Plan (STIP), setting out its roadmap and planned investments to dramatically accelerate...