Business and financial markets information service provider Bloomberg announced the launch of a new tool aimed at helping investors assess and screen portfolios, funds and indices based customized sustainability criteria and thresholds, available on the Bloomberg Terminal. According to Bloomberg, the new tool aims to help investors make investment decisions and meet regulatory compliance, amidst a diversification of sustainable investment…

U.S. utility-scale solar and storage renewable energy developer Pine Gate Renewables announced that it has raised $650, with proceeds supporting its clean energy infrastructure buildout. Founded in 2016, North Carolina-based Pine Gate develops, owns and operates utility scale solar and energy storage projects across the U.S. To date, the company has closed more than $7 billion in project financing and…

Honda announced that it plans to build a comprehensive EV value chain in Ontario, Canada, aimed at strengthening its EV supply system and capability to prepare for a future increase in EV demand in North America. The company said that it will stive to establish an EV value chain in Canada that includes that ranges from the procurement of raw…

The European Commission announced today that it has launched action, alongside the EU consumer authorities, against 20 airlines over misleading greenwashing practices, with a particular focus on claims made by the airlines that the CO2 emissions from flying could be offset by paying additional fees to support climate projects or the use of sustainable aviation fuel (SAF). In a letter…