DePoly Raises $23 Million to Turn Hard-to-Recycle Plastics into New Raw Materials
Chemical recycling startup DePoly has raised $23 million with proceeds to be used to support the scaling of its technology to tackle hard-to-recycle plastics....
RBC Drops $500 Billion Sustainable Finance Target
Royal Bank of Canada (RBC) announced that it has decided to drop its target to mobilize $500 billion in sustainable finance, and has held...
Pioneer Raises $1.2 Billion for Article 9 Sustainable Infrastructure Fund
London-based sustainable infrastructure investment firm Pioneer Point Partners announced that it has raised over €1.1 billion (USD$1.2 billion) for its second sustainable institutional fund,...
FCA Halts Plan to Introduce Sustainability Disclosure Requirements and Investment Labels for Portfolio Managers
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, announced that it would not currently...
Companies Continuing to Increase Climate Ambitions Despite Headwinds: MSCI
Companies globally continued to increase the ambitions of their climate goals in 2024, despite policy headwinds, with a substantial increase in the year of...
Nestlé, ofi Launch Project to Reduce Emissions and Deforestation from Cocoa Supply Chain
Global food and beverage company Nestlé and ingredients supplier ofi (olam food ingredients) announced the launch of a new joint cocoa agroforestry partnership, targeting...
Kering Launches New Water Sustainability Strategy
Luxury brand group Kering announced the launch of its new Water Positive Strategy, aimed reducing water-related risks in the company’s value chain and supporting...
ALTÉRRA, Brookfield Invest $100 Million in Indian Renewable Energy Platform Evren
UAE-backed climate investment platform ALTÉRRA and Brookfield Asset Management (BAM) announced a co-investment of $100 million into Indian clean energy company Evren, aimed at...
Amazon-backed Glacier Raises $16 Million to Deploy AI-Powered Recycling Robots
Recycling-focused AI and robotics company Glacier announced that it has raised $16 million in a Series A funding round, with proceeds aimed at to...
IFRS, IDB Partner to Drive Adoption of Sustainability Reporting Standards in Latin America
The IFRS Foundation announced the launch of a new strategic partnership with the Inter-American Development Bank (IDB) and IDB Group’s private sector arm IDB...