Amazon Backs Project to Farm Seaweed to Capture and Store Carbon
Amazon announced that it is funding a project researching the potential of seaweed to capture and sequester carbon. The project, North Sea Farm 1,...
LVMH Partners with Dow on Sustainable Packaging for Cosmetics and Perfume Brands
Chemicals and materials science giant Dow Inc. announced today the launch of a new collaboration with LVMH Beauty, aimed at accelerating the use of...
NextEnergy Raises over $700 Million for Newbuild Solar Fund
Solar-focused business NextEnergy Group’s investment management arm NextEnergy Capital announced today that it has reached commitments of £595 million (US$715 million) at the third close...
Republicans Urge Congress to Block ESG Investing Rule
A group of 27 Republican state Attorneys General announced the publication of a letter to Congressional leaders aimed at blocking the implementation of a...
EU Approves Over $550 Million for Steel Decarbonization Initiatives at ArcelorMittal
The European Commission announced the approval of more than €520 million (US$557 million) in state aid for projects aimed at advancing efforts to decarbonize...
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...
Jacobs Ties Debt Cost to ESG Goals with Inaugural $500 Million Sustainability-Linked Bond
Technology, consulting, and business solutions company Jacobs announced today the completion of its inaugural sustainability-linked bond offering, raising $500 million, with interest rates on...
Climate Solutions Investor Hannon Armstrong Appoints Jeff Lipson as President and CEO
Climate solutions and sustainable infrastructure investment firm Hannon Armstrong Sustainable Infrastructure Capital (HASI) announced the appointment of Jeffrey Lipson, currently COO and CFO, as...
IFRS Sustainability and Climate Reporting Standards to Take Effect in 2024
The International Financial Reporting Standards Foundations’ (IFRS) new global sustainability and climate disclosure standards will be effective as of January 2024, according to an...
H&M Launches JV to Build Recycling Infrastructure for Fashion
Fashion and design brands company H&M Group and waste management and recycling company Remondis announced the launch of Looper, a new joint venture aimed...