Canada to Phase Out Public Fossil Fuel Financing
The Government of Canada announced on Monday a series of initiatives aimed at reducing government support for the fossil fuel sector, including the release...
Equinor Acquires Brazilian Renewable Energy Company Rio Energy
Norwegian energy company Equinor announced the acquisition of Brazilian onshore renewables company Rio Energy from energy transition investment firm Denham Capital. The agreement includes...
SAP Asks Top Suppliers to Report Product-Level Emissions by 2027
Leading enterprise application software company SAP said today that it plans to establish a multi-phased supply chain engagement program by 2024, aimed at significantly...
UK Court Rejects Attempt to Revive Climate Lawsuit Against Shell Directors
The UK High Court has rejected an attempt by environmentalEnvironmental criteria consider how a company performs as a steward of nature. More law organization...
Climate Tech Startup Aeroseal Raises $67 Million to Tackle Building Emissions
Climate tech company Aeroseal announced that it has raised $67 million, with funding aimed at advancing the company’s efforts solutions aimed at reducing carbon...
India Announces New Disclosure & Investment Rules for ESG Funds
ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments....
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...
Norway’s $1.3 Trillion Oil Fund Commits to Reporting Portfolio Emissions
The Partnership for Carbon Accounting Financials (PCAF) announced today that Norges Bank Investment Management (NBIM), the investment manager for Norway’s $1.3 trillion oil fund...
AXA IM Alts Invests $49 Million in Amazon Rainforest Restoration Projects
AXA Group’s alternative investments business AXA IM Alts announced that it will invest $49 million in carbon removal start-up Mombak’s Brazilian Amazon rainforest restoration...
Virgin Atlantic Plans First-Ever 100% Sustainable Aviation Fuel-Powered Transatlantic Flight this Year
A consortium led by Virgin Atlantic announced today that it has scheduled the first-ever transatlantic flight using 100% sustainable aviation fuel (SAF) for November...