Tag: climate goals

BlackRock Hits Back At Trump ESG Coal Lawsuit

BlackRock denies Trump-backed lawsuit accusing asset managers of manipulating coal markets via ESG investing.

EU Revises CBAM To Ease Rules For Small Importers

EU exempts small importers under 50 tons from CBAM, delaying permit sales to 2027 while targeting major emitters.

PepsiCo Revises Climate And Packaging Goals

PepsiCo delays net zero goal to 2050, adjusts emissions and packaging targets due to infrastructure challenges.

Microsoft Buys 700K Carbon Credits From Forestry Project

Microsoft to purchase 700,000 carbon credits from climate-smart forestry project in Washington through 2035.

Trump Reverses Ban On Empire Wind Offshore Project

Trump allows Empire Wind project to resume, saving 1,500 jobs and boosting clean energy off New York’s coast.

Google Inks Deal For 600 MW Solar Energy Project

Google partners with energyRe to purchase 600 MW of solar energy, advancing its 24/7 carbon-free goal.

Google Launches AI Energy Accelerator In Europe

Google launches AI for Energy Accelerator to boost startups driving clean energy, grid, and industrial solutions.

Air New Zealand Sets New Climate Goals For 2030

Air New Zealand sets new 2030 climate targets, aiming for 20-25% emissions reduction, focusing on SAF.

IFC Invests $100M To Accelerate EV Transition In Mexico

IFC invests $100M in Element Fleet to drive EV transition in Mexico, supporting decarbonization and gender goals.

United Airlines Invests In Twelve For SAF Innovation

United Airlines invests in Twelve to convert CO2 into sustainable aviation fuel, advancing decarbonization.

Posco Raises $700M Via Oversubscribed Green Bonds

POSCO raises $700M via green bonds, backed by strong investor demand to fund low-carbon, sustainable projects.

France Launches Charter For High-Integrity Carbon Use

France launches a charter to ensure high-integrity carbon credits, supporting transparent global climate efforts.

NZBA Retreats From 1.5°C, Eases Climate Targets

NZBA shifts from 1.5°C to below 2°C goal, citing slow policy progress and challenges in sectoral decarbonization.

Microsoft Strikes Largest Carbon Removal Deal

Microsoft signs largest carbon removal deal with Fidelis, committing 6.75 million tons of CO₂ over 15 years.

Heidelberg’s Padeswood Plant to Capture 800,000 Tonnes CO₂

Heidelberg’s Padeswood plant to capture 800,000 tonnes of CO₂ annually, supporting UK’s net-zero goals.

EcoVadis Appoints Dexter Galvin As Climate Ambassador

EcoVadis appoints Dexter Galvin as Climate Ambassador to lead Scope 3 emissions reduction and decarbonization.

ESMA Sets New Standards For Green Bond Reviewers

ESMA proposes stricter standards to ensure transparency, reliability, and trust in European Green Bond reviews.

France Gets €3.26B For Meeting EU Recovery Goals

France receives €3.26B from EU after meeting green, digital, and reform milestones under recovery plan.

PAI Partners Secures SBTi Validation for Climate Goals

PAI Partners gains SBTi validation, aligning 42% of capital with climate goals by 2029 and 100% by 2040 for sustainability.

Global Firms Tie Executive Pay to Sustainability Goals

Global firms tie executive pay to ESG goals, aligning incentives with sustainability, climate action, and diversity targets.