Switzerland to Address Greenwashing with Sustainable Investment Label Rules
Financial products and funds labelled as ‘sustainable,’ green,’ or ‘ESG’ on Swiss financial markets will be required to align or contribute to specific sustainability...
US Postal Service to Invest Nearly $10 Billion to Electrify Delivery Fleet
The U.S. Postal Service (USPS) announced Tuesday plans to invest nearly $10 billion over the next five years to electrify its delivery fleet, with...
Iberdrola to Build $1.1 Billion Green Hydrogen Plant in Australia
Global energy and electricity provider Iberdrola announced plans to invest over €1.1 billion to build a green hydrogen and green methanol production plant in...
3M to End Manufacturing of “Forever Chemical” PFAS by 2025
3M announced today that it will discontinue the manufacturing and use of PFAS – widely known as “forever chemicals” – across its product portfolio...
General Atlantic Raises $3.5 Billion for Climate Solutions Investments
Growth equity firm General Atlantic announced today the final close of the inaugural fund for its climate-focused venture BeyondNetZero, bringing the firm to approximately...
DWS Expands Paris-Aligned ETF Suite with New Emerging Markets Fund
DWS, one of the largest asset managers in Europe, announced today the launch of a new climate-focused ETF for its exchange-traded funds business Xtrackers,...
LSEG, Clarity AI to Launch SFDR Reporting Tool for Investors
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....
BlackRock to Continue Asking for Climate Targets and Disclosure Despite Anti-ESG Pushback
Investment giant BlackRock indicated that it will continue to ask companies to disclose their climate-related strategies and emissions reduction targets, with the release of...
ABN AMRO to Align Lending, Investment Portfolios with Net Zero
Netherlands-based bank ABN AMRO announced the publication of its climate strategy, setting out its plan of action to bring its portfolios in line with...
Carbon Capture Tech Provider Svante Raises Over $300 Million
Carbon capture and removal technology provider Svante announced that it has raised $318 million, in a deal led by energy giant Chevron’s low-carbon solutions-focused...