UK financial services group Legal & General (L&G) and sustainable infrastructure investor NTR announced today that they have raised €330 million (USD$370 million) at the first close of the L&G NTR Clean Power Transition IV Fund, the firm’s second joint…
French clean hydrogen-focused investment firm Hy24 announced that it has signed an agreement to acquire EDF Group’s subsidiary Hynamics, a producer of low-carbon hydrogen for the heavy mobility and industrial sectors. Launched in 2021, Hy24 is a joint venture between…
The California Office of Administrative Law (OAL) has approved the California Corporate Greenhouse Gas Reporting and Climate-Related Financial Risk Disclosure Initial Regulation, marking the final step in the adoption of the new climate reporting regulation for thousands of large U.S.…
French energy company Engie announced that it has signed a new framework agreement with multinational shipping and logistics company CMA CGM to develop a biomethane production facility in France to supply renewable fuel to support the decarbonization of CMA CGM’s…
U.S. banking giant JPMorganChase announced on Wednesday a series of updates to its approach to energy and environmental issues, including rebalancing its strategy to consider emissions reductions in its financing activities in the broader context of affordability, security, reliability. While…
EU markets regulator the European Securities and Markets Authority (ESMA) announced the release of a new thematic note aimed at guiding market participants on its expectations for addressing greenwashing risks in their sustainability-related claims for funds and bonds, with a…
German clean energy startup 1KOMMA5° announced that it has raised over €70 million (USD$78 million) in a new funding round, with proceeds aimed at accelerating the development and commercialization of its platform enabling the expansion of renewable energy by connecting…
Ingka Group, the largest IKEA retailer accounting for more than 85% of the chain’s retail sales, announced today the appointment of Erika Intiso as its new Chief Sustainability Officer, with responsibility for leading the group’s sustainability agenda, and further integrating…
French pension plan Ircantec announced that it has selected European asset managers Amundi and BNP Paribas Asset Management (BNPP AM) to manage nearly €1.6 billion of decarbonization-focused equity index mandates. Ircantec is a French complementary pension scheme with more than…
Hong Kong-based financial services and technology company TROOPS announced an agreement to acquire energy technology platform Efforce, with the transaction aimed at expanding the company’s digital asset infrastructure and pursuing new opportunities in sustainability-related markets. Co-founded in 2020 by Apple…