France-based energy giant TotalEnergies announced that it has inaugurated its largest solar power plant cluster in Europe, consisting of five projects near Seville, Spain, with a total installed capacity of 263 MW. According to TotalEnergies, the new solar projects will produce 515 GWh per year of renewable electricity, equivalent to the consumption of over 150,000 […]
Starbucks announced the launch of a new version of its flagship takeaway white cup in Europe, replacing the cup’s plastic lining and plastic lids with new materials, allowing the cup to be home compostable and recyclable. The rollout of the cup begins this month in 10 European countries, and is set to come to the […]
The European Council announced today that it has adopted amendments to a regulation on CO2 emissions standards for new passenger cars and vans, giving car manufacturers more time to comply with CO2 targets, avoiding significant penalties that are slated to start this year. The EU adopted a series of clean mobility regulations in 2023, including […]
Italian energy company Eni announced today that it has signed an exclusivity agreement with BlackRock’s infrastructure-focused unit Global Infrastructure Partners (GIP) for the potential sale of a co-control stake of 49.99% of Eni’s Carbon Capture, Utilization and Storage (CCUS) business, Eni CCUS Holding.
India-based climate tech startup Alt Carbon announced that it has raised $12 million in a seed financing round, with proceeds aimed at scaling its Enhanced Rock Weathering solution to remove and store carbon across the Global South. According to the company, the announcement marks the largest seed round to date for climate tech in India.
EU Ombudsman Teresa Anjinho announced that she has opened an inquiry into the process behind the European Commission’s Omnibus proposal to simplify and reduce corporate sustainability reporting and due diligence requirements, following complaints alleging that the Commission failed to meet procedural requirements in preparing the proposals.
Germany’s federal government softened its language on calls to eliminate the EU’s new law requiring companies to address their negative impacts on human rights and the environment across their value chains – the Corporate Sustainability Due Diligence Directive (CSDDD) – with a government spokesperson clarifying that the government’s position is to “de-bureaucratize” and “streamline” the […]
This week in ESG news: JPMorgan buys carbon removal for under $200/ton; Meta, Google sign large-scale renewable energy deals to power data centers; France joins call to scrap EU’s supply chain sustainability law; Lululemon hires former Nike CSO as new sustainability chief; PepsiCo pushes back climate and sustainable packaging goals; EU Parliament agrees to exempt […]
Um sechs Shopping-Center bei der Strom- und Gaszufuhr nachhaltig auszurichten, hat sich das Immobilien- und Investmentunternehmen Unibail-Rodamco-Westfield (URW) die Dienste des ESG-Experten Westbridge Advisory (Westbridge) gesichert. Hierbei hat Westbridge URW im Bereich der Energiezulieferung beraten und beim Abschluss eines Power Purchase Agreements (PPA) unterstützt. Ein PPA ist ein langfristig ausgelegtes Vertragsmodell zwischen Energieerzeugern und einem […]
Automatisierte ESG-Kennzahlen für alle: Unternehmen in Singapur, insbesondere KMU, können jetzt mithilfe der Integration von Gprnt mit staatlichen Versorgungsunternehmen kostenlos automatisch Emissionsdaten der Bereiche 1 und 2 generieren. Von Investoren unterstützte Beschleunigung: 4.62 Millionen US-Dollar Startkapital von Ant International und MUFG Bank zum Ausbau der digitalen ESG-Infrastruktur und zur Aufnahme von Partnern in ganz Asien. […]
Maßgeschneiderter Ansatz: Für kleine und mittelgroße Banken gelten vereinfachte ESG-Berichtspflichten; für große börsennotierte Banken gelten keine neuen Anforderungen. Unterstützung bei der Umsetzung: Übergangsmaßnahmen und aufsichtliche Flexibilität werden den Instituten dabei helfen, sich an neue Offenlegungen anzupassen. Angleichung an die EU-Taxonomie: Durch Aktualisierungen werden die ESG-Offenlegungsvorlagen an die Green Asset Ratio und die EU-Nachhaltigkeitstaxonomie angepasst.
Natixis Investment Managers’ sustainability- and thematics-focused affiliates, Mirova and Thematics Asset Management announced today the launch of a strategic merger project, aimed at creating a “unique offering” combining innovation and positive impact, and becoming “a major player in thematic management worldwide. “
Investment giant BlackRock issues a strong statement following the release of a statement by the U.S. Department of Justice and Federal Trade Commission in support of a Texas-led multistate lawsuit accusing asset managers BlackRock, Vanguard and State Street of using ESG investing to manipulate coal markets, calling the case “baseless,” and “based on an absurd […]
Die Bundesanstalt für Immobilienaufgaben (BImA) treibt den Ausbau der E-Ladeinfrastruktur für die Liegenschaften des Bundes weiter voran. Mit der Einrichtung von rund 1.900 neuen Ladepunkten auf fast 300 Grundstücken leistet die BImA einen bedeutenden Beitrag zur Mobilitätswende der Bundesverwaltung.
London-based cleantech construction technology firm Converge announced that it has raised $22 million in a new investment round, with proceeds aimed at further developing and commercially scaling its AI-based platform for decarbonizing concrete. Building materials are a key source of global greenhouse gas emissions. Cement production, an ingredient in concrete, accounts for approximately 8% of […]
