Boston Consulting Group (BCG) announced that it has purchased 50,250 tonnes of certified carbon dioxide removals (CDRs) through CDR portfolio manager ClimeFi, to be delivered over the next two years, and spanning a broad set of carbon removal technologies. The agreement marks the second largest CDR purchase to date for BCG, following the company’s commitment […]
The Government of Canada announced a new climate goal, setting a target to reduce greenhouse gas (GHG) emissions by 45% to 50% by 2035, on a 2005 basis. While the government described the new goal as “the next step” in achieving its net zero by 2050, the target would represent only a minor reduction compared […]
Google announced today an agreement for the purchase of 200,000 tonnes of carbon removal credits, to be earned through capturing CO2 in crushed rock and storing it in soil, with enhanced rock weathering (ERW) startup Terradot. Google has also announced an equity investment in Terradot.
The California Air Resources Board (CARB), the regulator charged with developing and enforcing new regulations requiring large companies to disclose their value chain emissions and report on climate-related financial risks, announced that it will ease emissions reporting requirements and not pursue enforcement action in the first year of reporting, in order to give companies more […]
Die Finanzbranche spricht gern über Nachhaltigkeit, doch eine neue Studie zeigt: Es bleiben meist nur Lippenbekenntnisse. Ein Meinungsstück.
Motivation für nachhaltiges Investieren ist in Europa hoch, an der Spitze liegt die Schweiz. In Deutschland knacken ESG-Fonds die Billionen-Euro-Marke.
Chrysler, Dodge, Jeep, and Citroen parent Stellantis and China-based energy solutions company CATL announced the launch of a new joint venture, with an agreement to invest up to €4.1 billion (USD$4.3 billion) aimed at building a large-scale EV battery plant in Spain.
The Hong Kong government announced the release of its Roadmap on Sustainability Disclosure in Hong Kong, outlining the details of its plans to implement sustainability reporting requirements for companies, with a view to introducing reporting based on the IFRS Foundation’s ISSB standards for some listed companies on a comply-or explain basis next year, and with […]
Microsoft announced the launch of a new datacenter design, optimizing AI workloads and avoiding the consumption of water for cooling, supporting the company’s datacenter-focused sustainability goals. The announcement follows the release by Microsoft earlier this year of its “Datacenter Community Pledge,” aimed at ensuring that the company’s growing datacenter footprint serves helps to address societal […]
Google announced today the launch of a new partnership with clean energy developer Intersect Power and alternative asset firm TPG, with plans to invest $20 billion in renewable power infrastructure by 2030 to enable the buildout of new data center capacity in the U.S., powered by clean energy. Alongside the new partnership, Intersect Power announced […]
Amazon announced a series of achievements through its data center hardware circularity program, including diverting more than 99% of decommissioned racks from Amazon Web Services (AWS) facilities from landfill so far in 2024. Amazon’s hardware circularity program forms part of its plan to reach net zero carbon emissions by 2040, as well as its initiatives […]
Wichtigste identifizierte Hindernisse: Fehlende finanzielle Anreize, teure Technologie und schwache Regulierung behindern die Nachhaltigkeitsbemühungen. Kritische Funktionen deaktiviert: Obwohl Betrieb und Infrastruktur für die Integration von Nachhaltigkeitszielen von zentraler Bedeutung sind, wird von einer geringen Beteiligung berichtet. Angebotene praktische Lösungen: Schulungen, finanzielle Anreize und betriebliche Integration sind für den Fortschritt von entscheidender Bedeutung, werden jedoch zu […]
Energy giant bp, and Japan’s largest power generation company, JERA, announced today the launch of JERA Nex bp, a new equally-owned joint venture combining each company’s offshore wind assets. With a total potential net generating capacity of 13 GW, the new venture will be one of the largest offshore wind developers, owners and operators globally. […]
Commercial property manager and developer CBRE announced the launch of new interim climate goals, with new 2030 targets to reduce Scope 1 and 2 emissions by 50%, and to cut emissions per square foot from properties and facilities managed for clients – by far the largest source of CBRE’s carbon footprint – by 55%.
Goldman Sachs has chosen to exit the Net-Zero Banking Alliance (NZBA), ESG Today has confirmed, marking the first high profile departure from the UN-backed coalition of banks dedicated to advancing global net zero goals through their financing activities. In a statement provided to ESG Today, a Goldman Sachs spokesperson said that the firm has “the […]
