Generali Investments’ clean energy infrastructure investment unit Sosteneo announced that it has secured over €450 million (USD$504 million) in capital commitments for its second flagship fund, including securing over €150 million in new fund commitments and co-investment capital at the…
EU markets regulator the European Securities and Markets Authority (ESMA) announced the release of its annual European Common Enforcement Priorities (ECEP) Statement for corporate reporting, setting out key issues it will focus on for the current year of disclosures, with…
AI developer Anthropic announced the launch of “Anthropic Public Benefit Fund,” a new entity described by the company as “dedicated entirely to the public benefit,” providing the company with more flexibility to fund initiatives such as non-profits and AI-affected populations.…
German energy and infrastructure-focused commercial bank NORD/LB announced the acquisition of renewable energy and energy transition-focused financial advisory and M&A services provider Voltiq,with the transaction aimed at strengthening NORD/LB’s capabilities across the energy transition value chain. Founded in 2009, Amsterdam…
This week in ESG news: BNP Paribas AM launches new global sustainability strategy following AXA IM acquisition; California finalizes corporate climate reporting regulations; JPMorgan recalibrates sustainable finance strategy to balance emissions reduction and energy security; TNFD, SBTN release new nature…
Sustainable aviation fuel (SAF) technology and production company LanzaJet announced that it has secured at least $20 million in new financing, with proceeds to scale production and supply SAF to global customers from its Freedom Pines Fuels facility in Soperton,…
Carbon removal buyer coalition Frontier announced new offtake agreements with carbon sequestration technology company 44.01, on behalf of purchasers including Stripe, Google and Shopify, alongside Autodesk, H&M Group and Workday, based on 44.01’s process to turn CO2 into rock. The…
The Taskforce on Nature-related Financial Disclosures (TNFD) revealed that more than 800 companies and financial institutions across 57 countries have now committed to corporate reporting aligned to the TNFD recommended disclosures, marking a 14% increase in TNFD adopters in less…
Ohio-based electric utility American Electric Power (AEP) announced a $4 billion investment to develop a 702 MW fuel cell power generation facility near Cheyenne, Wyoming, under a 20-year power purchase agreement (PPA) with Google, aimed at supporting the technology company’s…
Investors are increasingly turning to internal resources to gauge companies’ ESG performance, with in-house research and engagement with companies overtaking ESG ratings as a top source of information on corporate ESG performance, as perceived quality and trust in ESG ratings…