Sustainability
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Amazon Partners to Power AI Infrastructure in U.S. with Advanced Nuclear Energy
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Amazon, nuclear technology company X-Energy, power provider Korea Hydro & Nuclear Power Corporation (“KHNP”), and energy solutions and equipment provider Doosan Enerbility announced the launch of a new strategic…
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Planetary Signs $31 Million Ocean Carbon Removal Deal with Group Including Google, Stripe, H&M
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Carbon removal buyer coalition Frontier announced that it has facilitated carbon removal offtake agreements of more than $31 million with Ocean Alkalinity Enhancement (OAE) technology company Planetary, from buyers…
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Net Zero Banking Alliance Pauses Activities
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The Net-Zero Banking Alliance (NZBA), a UN-backed banking sector coalition dedicated to advancing global net zero goals through their financing activities, announced that it has paused its activities following…
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IKEA’s Ingka Invests in Chinese Plastic Recycler Re-mall
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Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, announced a growth capital injection in China-based recycler of post-consumer packaging waste Re-mall. The investment marks Ingka…
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Aalo Raises $100 Million to Build Combo Advanced Nuclear Plant and Data Center
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Aalo Atomics, a US-based nuclear technology company announced that it has raised $100 million in a Series B financing round, with proceeds aimed at building the company’s first nuclear…
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Equatic Raises $11.6 Million to Remove Carbon, Produce Green Hydrogen from Seawater
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Climate tech startup Equatic announced that it has raised $11.6 million in a Series A funding round, with proceeds from the financing aimed at scaling up its seawater electrolysis…
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Blackstone Acquires Electrical Equipment Provider Shermco in $1.6 Billion Deal
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Alternative asset manager Blackstone announced announced an agreement to acquire Shermco, a provider of full lifecycle electrical equipment services, from Gryphon Investors, forming part of a continuing focus on energy…
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FCA Says Sustainability-Linked Loan Market Has Become More Mature, Credible
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The sustainability-linked loan (SLL) market has made progress towards addressing some of its key integrity and credibility issues, according to a new review by UK financial services regulator the…
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ECB President Warns Lawmakers Against Watering Down CSRD Sustainability Reporting Requirements
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Initiatives underway to reduce European sustainability reporting and due diligence reporting requirements could limit the European Central Bank’s capability to manage climate risk in the financial system, according to…
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California Climate Reporting Law Survives Court Challenge
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California’s new laws laws requiring large companies to disclose their value chain greenhouse gas emissions and report on climate-related risks survived another court challenge, with a U.S. District Judge…