Sustainability
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ICE Launches Climate Data and Analytics Solution for Private Companies
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Financial technology and data services provider and exchange operator Intercontinental Exchange (ICE) announced the expansion of its climate risk platform with the addition of physical and transition risk data…
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Commonwealth Fusion Systems Raises $863 Million to Bring Fusion Power to the Grid
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Commonwealth Fusion Systems (CFS) announced it that it has raised $863 million in a Series B2 fundraising round, with proceeds from the financing aimed at accelerating the company’s path…
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Singapore Delays Climate Reporting Requirements to Give Smaller Companies More Time to Prepare
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Singapore’s business reporting, accounting and corporate services and markets regulators the Accounting and Corporate Regulatory Authority (ACRA) and Singapore Exchange Regulation (SGX RegCo) announced significant changes in the timelines…
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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…