New York to Build New Nuclear Plant to Support Clean Energy Goals
New York Governor Kathy Hochul announced that she has directed the New York Power Authority (NYPA) to develop and construct a zero-emission advanced nuclear...
Greenbelt Capital Raises $1 Billion for Energy Transition Fund
US-based private equity firm Greenbelt Capital Partners announced the final close of its inaugural fund, Greenbelt Capital Partners III (Fund III), at its hard...
EU Member States Agree on Bigger Cuts to Sustainability Reporting, Due Diligence Than Omnibus Proposal
The European Council announced an agreement by EU member states on the Council’s negotiating position on the Omnibus proposal to simplify and reduce sustainability...
Ares Acquires $2.3 Billion Stake in Eni’s Energy Transition-Focused Unit Plenitude
Alternative asset management firm Ares announced today that its alternative credit arm, Ares Management Alternative Credit funds signed a new agreement with Italian energy...
Volkswagen Bank Issues Inaugural €1.5 Billion Green Bond to Finance Electric Vehicles
Volkswagen AG’s vehicle financing business Volkswagen Bank announced that it has raised €1.5 billion through its first-ever green bond issuance. According to Volkswagen Bank,...
Morgan Stanley Climate Fund Invests $30 Million in Methane Emissions Management Platform Insight M
Morgan Stanley Investment Management (MSIM) announced that it has invested $30 million in energy sector-focused methane management solutions provider Insight M, leading a growth...
Singapore Releases Guidance for Use of Carbon Credits to Meet Decarbonization Goals
Singapore’s Ministry of Trade (MTI), National Climate Change Secretariat (NCCS) and government agency and Enterprise Singapore (EnterpriseSG) announced the release of Draft Guidance on...
GRI Launches Digital Taxonomy to Enable Machine Readable Sustainability Disclosures
The Global Reporting Initiative (GRI) announced the launch of its new Sustainability Taxonomy, offering a machine-readable version of its GRI standards, aimed at facilitating...
ESG Today: Week in Review
This week in ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to...
European Commission to Withdraw Anti-Greenwashing Regulation
The European Commission revealed on Friday that it plans to withdraw the Green Claims Directive just days prior to trilogue negotiations to finalize the...