Impact News

Global energy and electricity provider Iberdrola announced today the acquisition of decarbonization solution provider Balantia, purchasing the 80% stake in the company that it did not already control, alongside plans to co-launch a new platform to help companies accelerate their emissions reduction initiatives. Founded in 2011, Spain-based Balantia’s technology helps companies create a decarbonization plan […]

The LEGO Group announced today the launch of a new Supplier Sustainability Programme, aimed at increasing its collaboration with suppliers on reaching its climate goals, and outlining a new set of actions and requirements for suppliers, including setting and reporting on emissions reduction targets. According to the company, the new program forms a key part […]

American Airlines announced that it has entered into a conditional purchase agreement with hydrogen-electric aviation solutions startup ZeroAvia for 100 engines that can power regional jet aircraft with zero inflight emissions save for water vapor. Additionally, American Airlines announced that it has increased its investment in ZeroAvia through participation in its Series C financing round, […]

Google announced that it has implemented a new program, Google Renewable Energy Addendum, asking its largest hardware manufacturing suppliers to commit to achieving a 100% renewable energy match by 2029, marking one of the company’s initiatives to address its carbon footprint, which continues to increase, driven by its value chain and data center growth. The […]

Carbon Prices, By Region In 2017, the Carbon Pricing Leadership Coalition suggested that carbon prices should range from $50–100/tCO2 by 2030 to meet the Paris Climate Agreement’s temperature goal. Fast forward to 2024, the global average carbon price is $32/tCO2—$18 short of the minimum that is needed in six years. Carbon pricing varies significantly across […]

This week in ESG news: ISSB moves to standardize reporting on climate transition plans, GHG emissions; ISO to launch global net zero standard; Switzerland proposes major expansion in sustainability reporting requirements; Deloitte survey finds nearly all C-suite execs want compensation tied to human sustainability metrics; Bloomberg launches sustainability data and reporting tools for investors; Canada […]

ExxonMobil und Air Liquide sind eine strategische Partnerschaft eingegangen, um die Produktion und Verteilung von kohlenstoffarmem Wasserstoff und Ammoniak voranzutreiben, mit dem Ziel, den Industriebetrieb entlang der US-Golfküste zu dekarbonisieren.

The Lufthansa Group announced today the introduction of a new Environmental Cost Surcharge to its fares, passing the cost associated with meeting growing environmental regulations on to customers. The surcharge applies to all flights sold and operated by the Lufthansa Group departing from the 27 EU countries as well as the UK, Norway and Switzerland […]

Automotive giant Volkswagen Group and electric vehicle producer Rivian announced today plans to launch a new joint venture, aimed at developing next-generation electrical architecture and software technology to be used in each of the companies’ electric vehicles. As part of the new transaction, Volkswagen announced that it will invest $5 billion into Rivian, including $3 […]