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Rolls-Royce Partners with INERATEC to Power Data Centers with E-Fuels
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Rolls-Royce and clean fuels startup INERATEC announced a strategic partnership aimed at decarbonizing backup power systems for data centers by replacing fossil diesel with climate-neutral e-fuels. INERATEC was founded in 2016 and produces sustainable e-fuels and synthetic chemicals to replace fossil crude oil. The company builds modular chemical plants for “Power-to-X” Power-to-X and gas-to-liquid applications,…
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Amazon Signs Deal for Low Carbon Cement with Brimstone
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Sustainability-focused industrial solutions provider Brimstone announced a new commercial agreement with Amazon, reserving annual volumes of Brimstone’s low-carbon cement from its forthcoming plant. The agreement was announced alongside successful third-party test results of Brimstone’s lower-carbon Ordinary Portland Cement (OPC) for use in concrete construction. Cement production, an ingredient in concrete, accounts for approximately 8% of…
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JPMorgan Mansart Launches Sustainability-Focused Global Equity Fund
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J.P. Morgan’s specialist asset management business Mansart has launched the J.P. Morgan Mansart iCubed Global Equity Select Fund, a new fund aimed at providing exposure to developed market equities, while delivering substantially enhanced sustainability characteristics and maintaining low tracking error to its parent universe. The new fund will track the Solactive iCubed Global Sustainability Index,…
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Lenovo Launches Solution to Reduce Lifecycle Carbon Footprint of IT Devices
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Global technology hardware company Lenovo announced the launch of TruScale Device as a Service (DaaS) for Sustainability, a new solution aimed at enabling organizations to reduce the carbon footprint and lower the cost of their IT devices. Forming part of Lenovo’s device management platform, TruScale DaaS, the new solution provides options at multiple stages of…
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Shein Fined €1 Million for Greenwashing in Italy
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The Italian Competition Authority (AGCM) announced that it has fined global fashion online retailer Shein’s website operator Infinite Styles Services Co €1 million (USD$1.15 million) for greenwashing, after finding that the company used misleading environmental messages or claims in the promotion of its clothing products. The announcement follows the launch of an investigation last year by…