Salzgitter Signs Clean Energy Deal with Zelestra to Power Green Steel Production

German steel manufacturer Salzgitter announced an agreement by its subsidiary Salzgitter Flachstahl, with Spanish renewable energy company Zelestra to supply green electricity from new solar and battery storage projects in Germany to support the production of low-carbon steel. The new…

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ICE Invests in Industrial and Environmental Markets Certification Platform Isometric

Industrial certification provider Isometric announced an investment by financial technology and data services provider and exchange operator Intercontinental Exchange (ICE), expanding its Series A financing round, alongside new investors, to $50 million, from an initial $40 million announced in June.…

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EU Parliament Votes to Expand Product List, Close Loopholes in CBAM Carbon Import Tax

Lawmakers in the European Parliament voted 464 – 50 on Tuesday on the adoption of a negotiating position on proposed changes to the Carbon Border Adjustment Mechanism (CBAM), the EU’s carbon tax on imported goods, including extending CBAM to include hundreds…

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BlueOrchard Raises $250 Million for Emerging Markets Climate Finance Fund

Global investment firm Schroders’ impact investment management arm BlueOrchard announced today that it has raised $250 million at the first close of the BlueOrchard Climate Action Mobilisation Fund (BOCAMF), its blended finance fund focused on backing climate mitigation and adaptation…

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TrusTrace Launches New Platform to Help Companies Identify, Act on Supply Chain Sustainability Gaps

Supply chain traceability solutions provider TrusTrace announced today the launch of a new platform aimed at enabling understand their supply chains, and identify and act on sustainability and compliance gaps. According to TrusTrace, the new platform comes as brands face…

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