Carbon-crediting platform Puro.earth announced that it has achieved the issuance of more than 1 million CO2 removal certificates – representing more than 1 million tonnes of verified carbon removal – following a significant acceleration in the market over the past several months. Founded in 2018, and acquired by Nasdaq in 2021, Puro.earth provides a platform bringing together suppliers of carbon…
Risk management services provider Apave Group announced the acquisition of French carbon accounting firm Aktio, in a move aimed at helping Apave to strengthen its expertise in sustainability and decarbonization. Founded in 2020, Paris-based Aktio provides climate consulting services and greenhouse gas accounting and management software solutions aimed at supporting companies in their low-carbon transition. The company’s platform supports companies…
Northern Europe-based asset manager Nordea Asset Management announced that it has been selected to help manage a €800 million (USD$867 million) decarbonization-focused global equity investment mandate for French pension plan Iracantec, in partnership with Paris-based asset management firm ODDO BHF AM. Ircantec is a French complementary pension scheme with more than €17 billion (USD $18.4 billion) invested in the financial…
Climate research provider and environmental disclosure platform CDP and the European Financial Reporting Advisory Group (EFRAG) announced the release of correspondence mapping between the CDP question bank and the EU’s climate standard, ESRS E1, aimed at reducing the reporting burden on companies disclosing under both the CDP platform and the EU’s CSRD regulation. CDP runs a global environmental disclosure system,…