Global regulators and standard setters are actively working to unravel the complexities of the ESG ‘alphabet soup’ while addressing the practical challenges related to the quality and credibility of sustainability data. The Global Reporting Initiative (GRI) is collaborating with EU regulators to clarify how GRI Standards can serve as a foundation for sustainability reporting in the EU. The International Financial…
Cleantech Startup Again Raises $43 Million to Turn Industrial CO2 Emissions Into Household Products
Cleantech startup Again has raised $43 million in series A funding round, with proceeds aimed at supporting its growth and build full scale decarbonization plants. Founded in 2021, and spun out of the Danish Technical University, Copenhagen-based Again provides solutions to decarbonize heavy industry by using fermentation to turn CO2 into valuable products. The company’s technology combines CO2 captured from…
Cloverleaf Infrastructure Raises $300 Million to Develop Low Carbon Data Center Sites
Power infrastructure company Cloverleaf Infrastructure announced today that it has raised over $300 million, with proceeds to be used to develop data center sites that run on low-carbon electricity across the U.S. Data centers globally are responsible for a growing share of climate impact, already reaching up to 2% of the world’s carbon emissions, nearly equivalent to that of the…
Blackstone Invests $200 Million in Australian Energy Transition Platform Symphony Infrastructure Partners
Australian energy transition platform Symphony Infrastructure Partners announced today that it has raised A$488 million (USD$329 million) in a Series A financing round including A$300 million (USD$202 million) from lead investor Blackstone, with proceeds aimed at accelerating the company’s growth and completing a series of five pending acquisitions. Founded in 2022, Symphony develops, owns, and operates specialized infrastructure services critical…
74% of Public Companies Plan to Invest in Sustainability Reporting Technology and Tools Over Next Year: Deloitte Survey
Approximately three quarters of public companies report that they are likely to invest in new technology or tools to help improve their ESG disclosure capabilities over the next year, as nearly all companies are preparing to meet increased reporting requirements, yet data quality remains the top ESG challenge, according to a new survey released by global professional services company Deloitte….
Green Impact Exchange Files to Launch First-Ever Sustainability-Focused Stock Exchange in U.S.
The Green Impact Exchange (GIX) announced today that it has filed an application with the Securities and Exchange Commission (SEC), aimed at establishing the first sustainability-focused stock exchange in the U.S. Founded in 2022 by former NYSE executives, including CEO Daniel Labovitz, former head of regulatory policy at the NYSE, and Chief Operating Officer Charles Dolan, former Executive Floor Governor…