Sustainable fuels startup Renovare Fuels announced today the launch of a £6 million (USD$7.6 million) equity raise, with proceeds aimed at supporting projects to produce advanced renewable biofuels from waste. Founded in 2015, UK-based Renovare provides a technology that turns biodegradable waste from homes and industry into advanced renewable biofuels. The technology captures gases produced from organic matter on landfill…
Constellation Energy Issues First Nuclear-Focused Green Bond in U.S.
Energy provider Constellation Energy announced today that it has raised $900 million through a green bond offering, the first of its kind in the U.S. that can be used to finance nuclear energy projects. The company said that it will use proceeds from issuance for investments in its nuclear power generation that reduce or avoid carbon emissions or provide other…
Watered-down Supply Chain Sustainability Due Diligence Law Passes First Hurdle in EU Parliament
The European Parliament’s Legal Affairs Committee announced today that it has approved the revised Corporate Sustainability Due Diligence Directive (CSDDD). The adoption of the bill by the committee, in a 20-4 vote clears a key hurdle towards the final passage of the new rules requiring companies to address their negative impacts on human rights and the environment and across their…
US Court Temporarily Pauses SEC Climate Disclosure Rule
The Fifth Circuit U.S. Court of Appeals released a ruling granting an administrative stay temporarily halting the U.S. Securities and Exchange Commission’s (SEC) new climate-related disclosure rule, marking the latest in a series of challenges to the implementation of the new rule requiring companies to report on climate-related risks and greenhouse gas (GHG) emissions. The court’s ruling comes in response…
Master UK Government Contracts & Social Value with Rio AI
Are you a supplier into a UK government body? Did you know that it’s imperative to have a Net Zero carbon commitment and a plan to get there if you are bidding for government contracts? The UK Social Value Act should also be on your radar – sustainability is more than carbon – as you may need to outline how…