Impact News

1PointFive, the carbon capture, utilization and sequestration (CCUS)-focused subsidiary of energy giant Occidental (Oxy), announced a new agreement with cybersecurity firm Palo Alto Networks for the purchase of 10,000 tons of carbon dioxide removal (CDR) credits over five years. The credits will be generated using direct air capture (DAC) technology from 1PointFive’s STRATOS facility, which […]

Chrysler, Dodge, Jeep, and Citroen parent Stellantis announced that it has decided to discontinue its hydrogen fuel cell technology development program due to a lack of progress in the hydrogen market. As part of its decision, Stellantis said that it has dropped its plans to launch a new range of hydrogen-powered vehicles this year.

Grüne Fonds, graue Zonen: 14 Institute fordern klarere Standards für nachhaltige Investments. Die Esma hält bislang an enger Auslegung fest.

The vast majority of large U.S. companies are maintaining or even increasing investments in ESG initiatives, as most executives view sustainability as a driver of competitive advantage and growth, but many are talking less about it publicly in the face of growing political and regulatory scrutiny, according to a new survey released by business sustainability […]

Apple has announced a $500 million multi-year agreement with MP Materials, a fully integrated US-based rare earth producer, to buy domestic rare earth magnets developed at MP Material’s flagship facility in Texas. The deal will also see the two companies launch a new rare earth recycling line in Mountain Pass, California, and develop novel magnet […]

Global energy and electricity provider Iberdrola announced a series of new sustainable finance transactions, raising €6.6 billion (USD$7.7 billion), including €4.1 billion of green financing for the construction of the UK’s East Anglia THREE, one of the largest offshore windfarms in the world, and a new €2.5 billion sustainability-linked credit line with an international consortium […]

China treibt die ESG-Regulierung mit hohem Tempo voran – es gibt Gemeinsamkeiten mit Europa, doch der Kurs unterscheidet sich teils auch grundlegend. Während die CSRD auf verpflichtende, zentral gesteuerte Standards setzt, entwickelt China ein eigenes System mit „China-zentrierter“ Anpassung internationaler Rahmenwerke.

Brookfield Asset Management and its clean energy platform Brookfield Renewable announced today the launch of a new Hydro Framework Agreement (HFA) with Google, for the delivery of up to 3,000 MW of carbon-free hydroelectric capacity to power Google’s operations across the U.S.

International express service provider DHL Express, and renewable fuels producer Neste announced today a new agreement for the supply of 7,400 metric tons (9.5 million liters) of sustainable aviation fuel (SAF) to be delivered over the next year to power DHL’s international cargo flights from Singapore. The deal marks one of the largest SAF agreements […]

The European Commission announced the adoption of a series of “quick fix” amendments to the European Sustainability Reporting Standards (ESRS), delaying the addition of new requirements for large companies already reporting under the Corporate Sustainability Reporting Directive (CSRD), including new disclosures in areas including biodiversity, workers in the value chain, and Scope 3 emissions. The […]

HSBC announced that it has decided to withdraw from the Net-Zero Banking Alliance (NZBA), following its North American peers to become the first major UK bank to exit the UN-backed coalition dedicated to advancing global net zero goals through their financing activities. Despite its departure from the NZBA, however, HSCB reiterated its commitment to pursue […]