Impact News

Microsoft and climate solutions provider Anew Climate announced today a new nature-based carbon removal purchase agreement, with Anew delivering more than 970,000 tons of carbon removal credits generated from improved forest management projects across the U.S. Founded in 2001, and majority-owned by alternative asset manager TPG’s impact investing platform TPG Rise, Texas-based Anew provides climate […]

Power company Engie announced that it has pre-ordered 5 million tons of nature-based carbon removals from climate finance company Catona Climate. According to the landmark 2022 Intergovernmental Panel on Climate Change (IPCC) climate change mitigation study, scenarios that limit warming to 1.5°C include carbon dioxide removal methods scaling to billions of tons of removal annually […]

The Global Reporting Initiative (GRI) announced today the launch of a new review of all of its labor-related standards, aimed at enabling companies to report on their impacts on workers, and improving transparency on workplace labor and human rights. GRI Sustainability Reporting Standards are one of the most commonly accepted global standards for sustainability reporting […]

Sustainability-focused asset management firm Candriam announced today the launch of the Candriam Sustainable Equity Water Fund, a new actively managed fund aimed at investing in companies pursuing and developing solutions to reduce pressures on water resources caused by human activities. According to Candriam, the new fund is being launched as the world faces a water […]

Energy company TotalEnergies and industrial gases company Air Products announced a new 15-year green hydrogen supply agreement aimed at reducing the operating greenhouse gas emissions footprint of TotalEnergies’ European refineries. The announcement follows the launch last year by TotalEnergies of tenders for the supply of 500,000 tons per year of green hydrogen. TotalEnergies has six […]

Global mining and metals company Rio Tinto announced plans to develop a new facility in Western Australia, aimed at testing the effectiveness of a new low-carbon ironmaking process, including a pilot plant to test production at a semi-industrial scale. Rio Tinto expects to invest $143 million (A$215 million) in the project, which the company said […]

Industrial equipment company John Cockerill announced a new agreement to raise €230 million (USD$250 million) for its subsidiary John Cockerill Hydrogen, in a deal led by energy services and technology company SLB, and Belgian public investment institutions SFPIM and Wallonie Entreprendre, and aimed at accelerating the deployment of the company’s electrolyzer technology, enabling the production […]

Zurich-based carbon removal company Climeworks revealed today its Generation 3 direct air capture (DAC) technology, providing “breakthrough” improvements in efficiency and performance, and forming a step in the company’s plan to scale up to megaton carbon removal capacity. DAC technology, listed by the IEA as a key carbon removal option in the transition to a […]