ESG News

Clean Energy Startup Radiant Raises $165 Million to Replace Diesel Generators with Portable Nuclear Reactors

Clean Energy Startup Radiant Raises $165 Million to Replace Diesel Generators with Portable Nuclear Reactors

Nuclear tech startup Radiant announced that it has raised $165 million in a Series C funding round, with proceeds aimed at advancing its development of mass-produced nuclear microreactors. Founded in 2020, California-based Radiant is designing a 1MW nuclear microreactor that can be mass-produced and act as a climate-friendly, zero-emissions alternative to diesel generators, providing power […]

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Watershed Launches Free Emissions Database to Enable More Accurate Decarbonization Decisions

Watershed Launches Free Emissions Database to Enable More Accurate Decarbonization Decisions

Climate solutions provider Watershed announced the launch of an open and free version of its global emissions database, in a move aimed at enabling organizations and companies to make more accurate decarbonization decisions. Founded in 2019, San Francisco-based Watershed provides an enterprise sustainability platform enabling companies to measure, report, and reduce their greenhouse gas emissions, […]

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Clean Energy Producer Solveo Raises €98 Million

Clean Energy Producer Solveo Raises €98 Million

French renewable energy producer Solveo Energies announced that it has raised €98 million (USD$111 million) in a new financing round, with proceeds from the financing aimed at accelerating the development of wind and solar projects that will help contribute to France’s carbon neutrality goals. Founded in 2008, Solveo works with local resources and partners to […]

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TotalEnergies Commissions its Largest Solar Project in Europe

TotalEnergies Commissions its Largest Solar Project in Europe

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 […]

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Starbucks Launches Compostable, Recyclable Cups

Starbucks Launches Compostable, Recyclable Cups

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 […]

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India-Based Climate Tech Startup Alt Carbon Raises $12 Million to Trap Carbon in Rocks and Soil

India-Based Climate Tech Startup Alt Carbon Raises $12 Million to Trap Carbon in Rocks and Soil

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.

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EU Lawmakers Adopt Rules Giving Automakers More Time to Meet Emissions Targets

EU Ombudsman Launches Inquiry into Commission’s Process to Reduce Sustainability Reporting, Due Diligence Requirements

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.

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Germany Walks Back Call to Scrap the EU’s Supply Chain Sustainability Law

Germany Walks Back Call to Scrap the EU’s Supply Chain Sustainability Law

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 […]

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ESG Today: Week in Review

ESG Today: Week in Review

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 […]

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