GM Ventures Leads $108 Million Raise for Peak Energy to Break into Data Center Power Market
Energy storage technology startup Peak Energy announced that it has raised $108 million in a Series B funding round, with proceeds aimed at expanding...
Coca-Cola, Nestlé, and Danone Agree to Improve Recycling Claims Following EU Greenwashing Complaint
Food and beverage giants Coca-Cola, Nestlé, and Danone have committed to change recycling claims advertised on their plastic bottles following dialogue with the European Commission...
ISSB Releases Proposed Nature-Related Reporting Requirements
The IFRS Foundation’s International Sustainability Standards Board (ISSB) announced the release of the initial exposure draft of its proposed nature-related disclosure requirements, designed to help...
Citi Structures New Outcome Bond with Returns Tied to Generation of Carbon Credits
Citi announced that it has structured a new $72 million “Carbon Removal-Linked Note” to finance a biochar project by environmentalEnvironmental criteria consider how a...
B Lab names first CEO to lead B Corp Certification
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....
HKEX Launches “Green Equity” Designation Program
Exchange group Hong Kong Exchanges and Clearing Limited (HKEX) announced the launch of HKEX Green Equity, a new voluntary designation program designed to help...
Updated TRUE zero waste standard makes business case for certification
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....
ECB Finds Euro Zone Oil Dependence Halved as AI and Fiscal Spending Support Growth
The euro zone economy has proved more resilient to this year’s energy shock than expected, according to European Central Bank (ECB) economists. Lower fossil...
Isometric Approves Five Insurers for Reforestation Carbon Credit Protection
Carbon removal registry Isometric has launched an insurance framework with broker Marsh to improve the financial flexibility of certified reforestation projects. The framework allows...
Citi Closes $72 Million Carbon Removal-Linked Note for Texas Biochar Project
Citi has closed a $72 million, 3.5-year principal-protected Carbon Removal-Linked Note to finance Applied Carbon’s biochar project in Texas. The structure links investor payments...