Impact News

ESG Today: Week in Review

ESG Today: Week in Review

This week in ESG news: Deutsche Bank expands sustainable finance strategy to target transition opportunities; U.S. appeals court pauses California climate reporting law just weeks before implementation; EU proposes overhaul of sustainable investing regulation; Credit Agricole commits to achieve 90% green financing ratio; DHL signs major U.S. sustainable aviation fuel deal; EU states vote to […]

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TotalEnergies Doubles Electricity Production Capacity with $5.9 Billion Acquisition

TotalEnergies Doubles Electricity Production Capacity with $5.9 Billion Acquisition

French energy giant TotalEnergies announced today the acquisition of 50% of Czech Republic-based multi-utility company EPH’s flexible power generation platform, including gas-fired and biomass power plants and battery storage sites across Western Europe, in a €5.1 billion (USD$5.9 billion) all-stock transaction valuing the assets at a €10.6 billion enterprise value. To a report by ESG […]

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Rio Tinto Invests $23 Million in Green Iron Plant, Pauses “BioIron” Project

Rio Tinto Invests $23 Million in Green Iron Plant, Pauses “BioIron” Project

Global mining and metals company Rio Tinto announced today an agreement with Australian environmental technology company Calix, including a commitment to invest more than A$35 million (USD$23 million) to support the construction of a new green iron demonstration plant that uses electric heating and hydrogen reduction to help decarbonize steelmaking. To a report by ESG […]

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