Professional services firm PwC has appointed Lynne Baber as its new Global Sustainability Leader, leading the firm’s global sustainability strategy and sustainability practice. Baber will succeed Colm Kelly in the top sustainability role, following Kelly’s retirement from PwC after serving…
Google revealed that it achieved a 2% reduction in Scope 1 and 2 greenhouse gas emissions in 2025, despite experiencing a 37% increase in electricity consumption, with the company crediting its massive clean energy purchase program as a key factor…
Alternative asset manager KKR announced the acquisition of EDF Group’s U.S. and Canadian power solutions businesses, in a transaction valued at $4.2 billion, with potential additional payments of up to $390 million, marking KKR’s largest individual investment to date in…
Guest post by: Daniel Pike, Principal, RMI’s CDR Initiative Unless we do something about it, the world won’t be free of climate risk, even in the best-case scenarios of decarbonization: we’ve simply built up too much carbon in our atmosphere.…
The European Council announced the adoption by EU Member States of a new regulation introducing circularity requirements for vehicles across their lifecycle, including recycled content in design, making vehicles easier to dismantle, repair, reuse and recycle, and making carmakers responsible…
New Zealand’s External Reporting Board (XRB) announced the launch of a new consultation into a proposal to adopt a new climate reporting standard based on the IFRS Foundation’s IFRS S2 as the basis for its climate disclosure regime, although the…
Carbon removal project developer Deep Sky announced the delivery of the first certified direct air capture (DAC) carbon removal credits in North America to offtakers Microsoft and Royal Bank of Canada (RBC). Founded in 2022, Montreal-based Deep Sky was established…
Guest post by: Takehiro Kawahara, Aviation Specialist at BloombergNEF Rising environmental compliance costs are set to squeeze airline profitability over the next decade, as sustainable aviation fuel (SAF) mandates and carbon pricing policies tighten. BloombergNEF estimates those costs could reach…
Generation Investment Management, a sustainability-focused investment firm chaired by former U.S. Vice President Al Gore, announced today the close of Sustainable Private Equity Fund II (SPEF II), raising more than $1 billion for the sustainable transformation-focused fund. The fund is…
The World Bank Group announced that it will extend its Climate Change Action Plan, its strategy to support countries and private sector clients to address climate and development challenges together, but that it will also retire a key target committing…