Impact News

The European Commission announced today the launch of the European Solar Academy, the first in a series of planned new Net-Zero Academies providing workers with skills needed for the net zero technologies value train. The new academy aims to train 100,000 workers in the solar photovoltaic value chain over the next three years, addressing a […]

Sustainable agriculture and biological solutions provider Indigo Ag and Microsoft announced a new carbon removal purchase agreement, with Indigo delivering 40,000 tons of carbon credits to Microsoft generated through the promotion of regenerative agriculture practices by U.S. farmers. Regenerative agriculture practices are aimed at addressing the environmental impact of the sector, and include techniques to […]

Amazon announced today that it has replaced 95% of the plastic air pillows from delivery packaging in North America with paper filler, and is working toward full removal of the plastic pillows by the end of the year. According to the company, the announcement marks Amazon’s largest to-date plastic packaging reduction effort in North America, […]

Impact data and analytics provider GIST Impact announced today an investment from UBS’ venture and innovation unit, UBS Next. Founded in 2008, GIST Impact provides data and analytics solutions aimed at helping companies and investors measure their environmental and social impacts, using data-based intelligence with location-specific impact data covering more than 14,500 companies. The firm […]

Circular economy technology company LD Carbon announced today that it has raised $28 million in a Series C funding round led by Toyota’s growth fund, Woven Capital. The company will use the investment to scale its operations recycling end-of-life tires and material from end-of-life vehicles into recovered carbon black and pyrolysis oil. Founded in 2017, […]

Chocolate, candy and snacks producer Hershey announced today a series of new climate-related goals, with new targets to reduce emissions originating in its value chain, including Forest Land and Agriculture (FLAG) emissions. According to Hershey’s 2023 ESG report, Scope 3 emissions, or those originating in the company’s value chain outside of its direct control, account […]

CRM solutions provider Salesforce announced today a series of new climate and energy transition-related commitments, including a pledge to purchase $25 million of permanent carbon removals from carbon removal coalition Frontier, in addition to the signing of its first European virtual power purchase agreement (VPPA), as well as nearly $4 million in clean energy-focused philanthropic […]

BTG Pactual Timberland Investment Group (TIG) and Microsoft announced today that they have signed a large-scale, long-term nature-based carbon removal agreement, with Microsoft purchasing 8 million tons of carbon removal credits through 2043 generated through TIG’s reforestation and restoration strategy in Latin America. According to the companies, the agreement marks the largest known carbon dioxide […]

Only 40% of high emitting companies disclose and quantify the impacts of their decarbonisation actions, a study has found. The research from sustainability tech firm Clarity AI also found that, while over 80% of the analysed companies reported on their decarbonisation measures, only 40% of all companies made a clear quantification of the impact of […]

A new SEI report reveals that the EU’s focus on territorial emissions understates the impact of its consumption globally. The study shows huge potential for the EU to raise the ambition of its climate action by addressing Member States’ consumption-based emissions and lowering consumption overall. Between 1990 and 2020, the EU slashed its territorial emissions […]

Swiss Re’s SONAR report features 16 emerging risks and their potential impacts on the insurance sector and society.

Member states in the European Council voted today to approve the long-contested Nature Restoration Law, a key piece of legislation aimed at protecting and restoring natural ecosystems, and creating a mandated target for EU countries implement measures to restore at least 20% of the EU’s land and sea areas by 2030, after a last-minute decision […]