Oxy Acquires Carbon Removal Tech Startup Holocene
Direct air capture technology startup Holocene announced that it has been acquired by energy giant Occidental (Oxy), marking the latest in a series of...
Microsoft Signs Largest-Ever Permanent Carbon Removal Purchase Agreement
Microsoft announced that it has signed an offtake agreement to purchase 6.75 million metric tons of engineered carbon removal over 15 years, making it...
EU Commission Unveils Series of Changes to Reduce Compliance Burden of New Supply Chain Deforestation Law
The European Commission announced a series of measures aimed at simplifying the application of its EU Deforestation Regulation (EUDR), a new law aimed at...
SEC Approves Launch of U.S.’ First Sustainability-Focused Stock Exchange
The Green Impact Exchange (GIX) announced that the U.S. Securities and Exchange Commission (SEC) has approved its Form 1 application for registration as a...
Net Zero Banking Alliance Drops Requirement to Align Financing with 1.5°C
The Net-Zero Banking Alliance, a UN-backed coalition of banks aimed at advancing global Paris Agreement climate goals through their financing activities, announced a series...
GM Hires Dell’s Sustainability Head as New Chief Sustainability Officer
Automotive giant General Motors announced the appointment of Cassandra Garber as its new Chief Sustainability Officer. Garber joins GM after serving as CSO for...
Impact Investor BlueOrchard Appoints Michael Wehrle as New CEO
Global investment firm Schroders’ Impact investment management firm BlueOrchard announced today the appointment of Michael Wehrle as its new CEO. Wehrle will succeed Philipp...
Microsoft Signs Deal to Remove 3.7 Million Tons of CO2 from U.S. Pulp and Paper Mill
Microsoft and carbon dioxide removal (CDR) project developer CO280 announced one of the largest-ever engineered CDR purchase deals to date, with Microsoft agreeing to...
Apollo Commits up to $400 Million to Launch New Community Solar JV with Summit Ridge
Global alternative investment manager Apollo and community solar operator Summit Ridge Energy announced a new agreement, with Apollo-managed funds committing up to $400 million...
International Agreement Reached to Decarbonize Global Shipping, as U.S. Walks Out
The International Maritime Organization (IMO), the 176-member state UN agency responsible for developing global standards for shipping, announced that its members have reached an...