ESG Today: Week in Review
This week in ESG news: Barclays reports £500 million sustainable finance revenue, then drops out of Net Zero Banking Alliance; new voluntary sustainability reporting...
Barclays Exits Net Zero Banking Alliance
Barclays announced that it has decided to exits the Net-Zero Banking Alliance (NZBA), marking the second UK-based bank to withdraw from the UN-backed coalition...
EFRAG Releases Proposed Simplified CSRD Sustainability Reporting Standards
The European Financial Reporting Advisory Group (EFRAG) announced the publication of its revised Exposure Drafts of the European Sustainability Reporting Standards (ESRS), significantly simplifying...
Helion Breaks Ground on First Fusion Power Plant to Supply Energy to Microsoft
Clean energy startup Helion announced that it has started working on the site of Orion, its first fusion power plant, aimed at providing carbon-free...
Planted Solar Raises $12 Million to Enable Faster Solar Deployment on Less Land
Solar deployment solutions provider Planted Solar announced that it has raised $12 million in a new funding round, with proceeds aimed at growing its...
KKR Commits $170 Million to Grow Clean Energy Platform Greenvolt
Clean energy developer and producer Greenvolt announced today a €150 million (USD$171 million) share capital increase, fully subscribed by alternative asset and private equity...
Barclays Reports £500 Million in Sustainable Finance Revenues
UK-based bank Barclays published a new sustainability-focused presentation for investors, revealing that revealed that it earned approximately £500 million (USD$660 million) in revenues from...
21 States Warn BlackRock, JPMorgan Against Considering Sustainability as a Long-Term Risk Factor in Investments
A group of state treasurers and financial officers from 21 U.S. states* has sent a series of letters to the CEOs of several major...
APG to Invest $640 Million to Grow Octopus’ Australian Renewables Platform
Renewable energy fund manager Octopus Australia announced a significant new partnership with Dutch pension asset manager APG Asset Management (APG), in which the pension...
Australia Boosts Clean Energy Financing Scheme to 40 GW by 2030
The government of Australia announced a significant expansion of its Capacity Investment Scheme (CIS), its key tool aimed at de-risking investments in clean energy...