ESG
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ICJ Opinion Opens the Door for Climate Change Lawsuits Against Developed Nations
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The International Court of Justice (ICJ), the UN’s principal judicial body, announced the release of its Advisory Opinion on the Obligations of States in respect of Climate Change, indicating…
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Gold Standard Releases Certification Requirements for Engineered Carbon Removals
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Sustainability standards body Gold Standard announced the publication of its Engineered Removals Activity Requirements, a new framework aimed at setting benchmark requirements for the certification of high-integrity engineered carbon…
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Standard Chartered Launches New Sustainable Cash Management Solution for Corporate Clients
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International banking group Standard Chartered announced the launch of its new Sustainable Escrow and Account Bank solution, aimed at enabling clients to embed sustainability into their cash management, by holding…
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SEC Declines to Say if it Will Uphold Climate Disclosure Rule if Lawsuit Against it Fails
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The U.S. Securities and Exchange Commission (SEC) has told the U.S. Court of Appeals that it does not intend to review or revisit its climate disclosure rules for companies, and…
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Jupiter Intelligence Launches New Solutions Enabling Banks, Investors to Quantify Climate Risk
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Climate data solutions provider Jupiter Intelligence announced the launch of a series of new tools, aimed at enabling banks and asset managers to quantify physical climate risk within their…
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Meta Buys 100% of Renewable Energy from New $900 Million Solar Project to Power U.S. Data Centers
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Facebook, Instagram, and WhatsApp owner Meta and Alberta-based energy company Enbridge announced a new long-term contract with Enbridge supplying Meta with 100% of the renewable energy generated from a…
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Sustainability Compliance Solutions Provider osapiens Invests $40 Million to Enter UK Market
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Sustainability software provider osapiens announced an expansion into the UK market, with plans to invest €35 million and creating more than 150 sustainability roles to help firms meet compliance…
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Makersite Raises $70 Million to Help Manufacturers Design More Sustainable Products
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Supply chain data company Makersite announced that it has raised €60 million (USD$70 million) in a series B financing round, with proceeds aimed at enhancing its platform enabling manufacturers…
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GeologicAI Raises $44 Billion to Use AI to Source Critical Minerals
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Calgary-based GeologicAI announced that it has raised US$44 million in a Series B round to accelerate the AI-driven discovery and development of critical minerals globally, a key input driving…
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INEOS Invests $40 Million to Decarbonize UK Chemical Site
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Chemical company INEOS announced that it has completed a £30 million (USD$40.4 million) investment at its Hull manufacturing site, converting the facility to run on hydrogen instead of natural…