ESG / Impact News
EU boosts energy infrastructure with €1.25bn in grants
The European Commission has allocated nearly €1.25bn in grants under the Connecting Europe Facility (CEF). The grants will support 41 cross-border energy infrastructure projects, among them three important wind energy-related projects. That’s good news for Europe’s wind industry and its wider energy transition.
EU Invests $439 Million in Alternative Fuels Infrastructure Projects to Decarbonize Transport
The European Commission announced that it will allocate €422 million (USD$439 million) to 39 alternative fuel infrastructure projects, aimed at supporting the transition to cleaner transport.
Google Invests Over $100 Million in Carbon Removal in 2024
Google revealed today that it contracted for more than $100 million in carbon removal credits in 2024, highlighting investments in a broad range of technologies, including restoration of natural carbon sinks, enhanced rock weathering (ERW), biomass capture and biochar, and direct air capture (DAC).
Cleantech Startup MacroCycle Raises $6.5 Million to “Upcycle” Plastic Waste into New Products
Circular plastics-focused cleantech startup MacroCycle Technologies announced today that it has raised $6.5 million in a seed financing round, with proceeds aimed at commercializing its low-energy and low-cost solution to “upcycle” plastic waste for re-use.
Goldman Sachs aims to raise $3bn for Climate Credit Fund
Goldman Sachs Asset Management (GSAM) is targeting up to $3bn for its new West Street Climate Credit Fund, a strategy designed to finance businesses driving the transition to a low-carbon economy, according to a report by Pension & Investments Online citing sources familiar with the plans.
Resale Tech Platform Archive Raises $30 Million to Reduce Environmental Impact of Retail
Cirularity tech startup Archive announced that it has raised $30 million in a Series B funding round, with proceeds aimed at advancing its platform that helps brands resell their merchandise.
Oxyle Raises $16 Million to Eliminate Forever Chemicals in Water
Swiss startup Oxyle announced that it has raised $16 million in a seed funding round, with proceeds to be used to grow its team and expand its solution to destroy PFAS “forever chemicals” in wastewater. PFAS are a group of chemicals that have been in use in a wide range of consumer and industrial products […]
Pharma Supply Chain Decarbonization Consortium Signs 10-Year Clean Energy Deals for Haleon, GSK, Thermo Fisher, Gilead
Pharmaceutical supply chain decarbonization initiative Energize announced today a new aggregate power purchase agreement (PPA) with renewable energy developer X-ELIO, providing healthcare companies Haleon and GSK, Gilead Sciences and Thermo Fisher Scientific with 245 GWh of renewable energy annually over 10 years.
LEGO Group Adds Nature-Based, Engineered Solutions to its Carbon Removal Portfolio
The LEGO Group announced today new partnerships with climate solutions providers Climate Impact Partners and ClimeFi, including carbon credit purchases supporting four carbon removal projects across a range of engineered and nature-based solutions. The new announcement also includes commitments from KIRKBI, the Danish family office for the Kristiansen family, which owns The Lego Group to […]
€6.6 Trillion Investor Group Warns Against Rolling Back EU Sustainability Reporting Regulations
A group of more than 200 financial services firms and organizations, including investors representing €6.6 trillion in AUM, announced the release of a new investor statement, warning the European Commission that easing its key sustainability reporting regulations in its upcoming “Omnibus package” proposal could lead to significant policy uncertainty, and risk the flow of capital […]
Europas Investoren bleiben bei ESG auf Kurs
Trotz Donald Trumps fossiler Energiepolitik und Rückschritten bei Klima-Allianzen in den USA bleiben professionelle Anleger diesseits des Atlantiks auf Nachhaltigkeitskurs. Passende Rahmenbedingungen bieten Deutschland und Europa langfristig Wettbewerbsvorteile, besagt eine aktuelle DIW-Studie.
Globale ESG-Fondszuflüsse steigen in Q4
Europa dominiert weiterhin den Markt für nachhaltige Fonds. Im vierten Quartal 2024 verzeichneten nachhaltige Fonds weltweit die höchsten Zuflüsse des Jahres und erreichten 16,0 Mrd. USD – ein deutlicher Anstieg gegenüber den revidierten 9,2 Mrd. USD aus dem dritten Quartal. Allerdings schrumpften die Nettokäufe globaler nachhaltiger Fonds gegenüber 2023 um die Hälfte. Dies stand in […]
Amazon Expands Renewable Energy, Cloud Partnership with Iberdrola to Spain, Portugal
Amazon and global energy and electricity provider Iberdrola announced today an expanded partnership, with Amazon agreeing to purchase 476 MW of solar and wind energy in Spain and Portugal to help match the electricity used in its operations with renewable energy.
ESG Today: Week in Review
This week in ESG news: EU pledges to simplify sustainability reporting laws; 10-state coalition warns major Wall Street firms over ESG policies; Moody’s predicts $1 trillion sustainable bond market despite political headwinds; Microsoft signs nature-based carbon removal megadeal; Switzerland targets 65% GHG emissions reduction by 2035; first-ever green bond issued under new EuGB ‘gold standard’; […]
EU stellt „Wettbewerbsfähigkeitskompass“ vor
Innovationsschub: Die EU plant KI-Gigafabriken, Deep-Tech-Investitionen und einen vereinfachten Rechtsrahmen für Start-ups. Dekarbonisierungsstrategie: Der Clean Industrial Deal und der Affordable Energy Action Plan zielen darauf ab, Energiekosten und Emissionen zu senken. Sicherheit und Belastbarkeit der Lieferkette: Neue Handelspartnerschaften und Beschaffungsrichtlinien werden die externen Abhängigkeiten verringern.
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