ESG / Impact News

ArcLight Launches North America-Focused Renewables Investment Platform with $500 Million Commitment

ArcLight Launches North America-Focused Renewables Investment Platform with $500 Million Commitment

Infrastructure-focused investment firm ArcLight announced the launch of SkyVest Renewables, a new operating focused renewables investment initiative targeting utility-scale wind and solar assets in North America. The new platform is being launched with an initial $500 million capital commitment from Arclight. According to the company, SkyVest will also augment ArcLight’s existing dedicated in-house operations resources […]

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Slightly More than Half of Execs Believe AI Will Be Net Positive to Sustainability Progress: Salesforce Survey

Slightly More than Half of Execs Believe AI Will Be Net Positive to Sustainability Progress: Salesforce Survey

Sustainability professionals are grappling with balancing the positive and negative aspects of their companies’ implementation of artificial intelligence on their climate and sustainability initiatives, with many worried about the environmental impact of the new technology, while also anticipating benefits ranging from AI’s ability to support supply chain management efforts to ESG reporting and regulatory compliance, […]

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British Airways Parent IAG Buys 28,000 Tonnes of Sustainable Aviation Fuel from Repsol

British Airways Parent IAG Buys 28,000 Tonnes of Sustainable Aviation Fuel from Repsol

International Airlines Group (IAG), the parent company of airlines including Aer Lingus, British Airways, Iberia, Vueling and LEVEL, announced today an agreement with Madrid-based energy company Repsol for the purchase of more than 28,000 tonnes of sustainable aviation fuel (SAF) over the next six months. The agreement marks the largest-ever SAF purchase in Spain to […]

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Veolia Becomes First Company with Net Zero Goals Validated by Both SBTi and Moody’s

Veolia Becomes First Company with Net Zero Goals Validated by Both SBTi and Moody’s

France-based water and wastewater services and energy provider Veolia announced that its decarbonization targets have been approved by the Science Based Targets initiative (SBTi), and that its net zero transition plan has been rated as “Advanced” by international ratings agency Moody’s. The achievements make Veolia the first to obtain the double validation of its climate […]

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Wohnen: Fünf Effizienzhäuser in Holzhybrid-Bauweise: ECKPFEILER feiert Grundsteinlegung für grünes Wohnquartier HÖFE-N

Wohnen: Fünf Effizienzhäuser in Holzhybrid-Bauweise: ECKPFEILER feiert Grundsteinlegung für grünes Wohnquartier HÖFE-N

Mit der Grundsteinlegung erreicht die ECKPFEILER Immobilien Nürnberg GmbH & Co. KG einen wichtigen Meilenstein auf dem Weg zum besonders nachhaltigen Wohnquartier HÖFE-N im Westen Nürnbergs. Nach Abschluss der archäologischen Untersuchungen war Ende März 2024 mit dem Bau des Ensembles mit seinen charakteristischen grünen Innenhöfen auf dem ca. 8.000 m² großen Grundstück begonnen worden. Mit […]

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ESG Today: Week in Review

ESG Today: Week in Review

This week in ESG news: EU regulator calls for sustainability disclosure requirements for all financial products; UK to require SAF on flights from 2025; KLM plans hydrogen-powered flight; Airbus and partners launch $200 million sustainable aviation fuel fund; U.S. invests $4 billion to reduce GHG emissions in key industries; UK launches $10 billion renewable energy […]

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Masdar Acquires $887 Million Stake in 2.5 GW Spanish Renewables Portfolio from Enel

Masdar Acquires $887 Million Stake in 2.5 GW Spanish Renewables Portfolio from Enel

Abu Dhabi-based clean energy-focused developer Masdar announced an agreement with Italy-based European utility giant Enel to partner on 2.5 GW of renewable energy in Spain, including the acquisition of a 49.99% stake in EGPE Solar, encompassing Enel’s Spanish subsidiary Endesa’s portfolio of operational solar plants for €817 million (USD$887 million). The deal aims to support […]

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KLM, ZeroAvia Plan Hydrogen-Powered Test Flight

KLM, ZeroAvia Plan Hydrogen-Powered Test Flight

KLM and electric aviation solutions startup ZeroAvia announced plans for a zero-emissions demonstration flight using hydrogen-electric engines powered by liquid hydrogen. The test flight plans come as a series of initiatives are underway to target rapid aviation sector decarbonization, such as electrified propulsion or sustainable aviation fuel (SAF). Hydrogen, however, is viewed by some in […]

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Amazon, Air Products Launch Initial Trials of New Mercedes-Benz Hydrogen Powered Fuel Cell Trucks

Amazon, Air Products Launch Initial Trials of New Mercedes-Benz Hydrogen Powered Fuel Cell Trucks

Global truck manufacturer Daimler Truck announced today the launch of the initial customer trials of its hydrogen fuel cell-powered Mercedes-Benz GenH2 Trucks by five customers including Air Products, Amazon, Holcim, INEOS and Wiedmann & Winz. The launch of the new trucks follows a commitment set by Daimler Truck in 2020 to significantly invest in hydrogen […]

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