New packaging regulations in the EU are entering into application on Wednesday, kicking off a series of rules to be rolled out over the next few years The first new requirements under the EU’s revised Packaging and Packaging Waste Regulation…
Global cruise company Carnival Corporation announced a new climate target to reduce greenhouse gas (GHG) emissions intensity by 25% by 2029, on a 2019 basis, increasing and accelerating from its prior 20% by 2030 goal, after achieving it five years…
German power producer RWE announced that it has signed a 15-year Power Purchase Agreement (PPA) with Google for the entire output from a new 155 MW solar project in Oklahoma. The new Crooked Creek solar project, located in McCurtain County,…
Long-duration energy storage startup Ore Energy announced that it has raised $43 million in a Series A funding round, with proceeds aimed at scaling its iron-air battery technology for multi-day storage of wind and solar energy, to enable fully renewable…
Brazil-based carbon project developer Mombak announced the delivery of its first reforestation-based carbon removal credits to a series of corporate buyers, including Google, McKinsey & Company, and Bain & Company. Founded in 2021, Mombak is focused on large-scale carbon removal…
Renewable energy company Sonnedix announced today that it has secured €730 million (USD$840 million) for the refinancing, optimization and construction of renewable energy assets across Southern Europe. Founded in 2009, London-based renewable energy company Sonnedix develops, builds, owns and operates…
Home energy and battery storage company Base Power announced today that it has raised $1 billion in a Series D funding round and launched Base Core, a home battery designed to support the electric grid. The financing values the company…
Global consultancy Bain & Company announced the appointment of Matteo Capellini as Global Head of its Sustainability Value Creation Solution, the firm’s practice focused on the integrations of sustainability strategies into business strategies, to transform ESG aspects from regulatory considerations…
Brookfield Asset Management announced the launch of Lumara Energy, a new India-based platform focused on accelerating the development and construction of renewable energy projects. The launch of the new platform comes as India continues to scale up its investments in…
Retail giant Walmart revealed that it has set a new operational emissions target, with a goal to reduce Scope 1 and 2 greenhouse gas emissions by 28% by FY2031 from a FY2025 baseline. The new target was announced in Walmart’s…