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Google Backs AgTech Projects to Save 2 Billion Liters of Water on U.S. Farms

Google Backs AgTech Projects to Save 2 Billion Liters of Water on U.S. Farms

Google and agtech solutions provider Arable announced a water replenishment-focused collaboration, with Google agreeing to fund projects to bring Arable’s efficient irrigation technology to farmers in North and South Carolina. According to the companies, Google plans to invest more than $4 million to fund the use of Arable’s technology on 20,000 acres, aimed at saving more than 500 million gallons…

Google Backs AgTech Projects to Save 2 Billion Liters of Water on U.S. Farms

Google and agtech solutions provider Arable announced a water replenishment-focused collaboration, with Google agreeing to fund projects to bring Arable’s efficient irrigation technology to farmers in North and South Carolina. According to the companies, Google plans to invest more than $4 million to fund the use of Arable’s technology on 20,000 acres, aimed at saving more than 500 million gallons…

Microsoft Purchases 60,000 Soil Carbon Credits from Sustainable Farming Solutions Provider Indigo

Microsoft Purchases 60,000 Soil Carbon Credits from Sustainable Farming Solutions Provider Indigo

Sustainable agriculture and biological solutions provider Indigo Ag and Microsoft announced their second carbon removal agreement, with a new commitment from Microsoft to purchase 60,000 soil carbon credits generated through the promotion of regenerative agriculture practices by U.S. farmers. The new transaction follows an initial 40,000 carbon credit purchase agreement by the companies last year. Founded in 2013, Indigo Ag…

Pension Manager APG Invests €250 Million in SkyNRG to Scale Sustainable Aviation Fuel Platform

Pension Manager APG Invests €250 Million in SkyNRG to Scale Sustainable Aviation Fuel Platform

Sustainable aviation fuel (SAF) provider SkyNRG announced today a new investment round, raising up to €300 million (USD$340 million), with proceeds aimed at growing its platform with new SAF production facilities across Europe and the U.S. The funding round included an investment of up to €250 million from global pension asset manager APG on behalf of Dutch pension fund APB,…

EBA Proposes Amendments to ESG Reporting Requirements for Banks

EBA Proposes Amendments to ESG Reporting Requirements for Banks

On 22 May 2025, the EU banking supervisor The European Banking Authority (EBA) announced the release of several proposed amendments to its Pillar 3 disclosure requirements, previously contemplated under the CRR3 banking package. These amendments clarify ESG risk-related reporting for small and medium-sized banks, as well as expand on the guidelines for larger institutions. Feedback from the public consultation on…

OMV to Build One of Largest Green Hydrogen Plants in Europe

OMV to Build One of Largest Green Hydrogen Plants in Europe

Vienna-based integrated chemicals, fuels and energy company OMV announced that it has made a final decision to invest “a mid-three-digit million-euro sum” to build a 140 MW green hydrogen electrolysis facility in Lower Austria. According to the company, the new green hydrogen plant will be one of the largest of its kind in Europe, and will supply its nearby Schwechat…

Socialsuite Launches AI-Powered Double Materiality Assessment Solution

Socialsuite Launches AI-Powered Double Materiality Assessment Solution

Sustainability risk management tech company Socialsuite announced the launch of a new software platform aimed at helping companies manage double materiality assessments required under new sustainability reporting regulations. “Double materiality” is one of the hallmark new approaches introduced by the EU’s Corporate Sustainability Reporting Directive (CSRD), requiring reporting both on the risks and impact of sustainability issues on an enterprise,…

Clean Energy Startup Radiant Raises $165 Million to Replace Diesel Generators with Portable Nuclear Reactors

Clean Energy Startup Radiant Raises $165 Million to Replace Diesel Generators with Portable Nuclear Reactors

Nuclear tech startup Radiant announced that it has raised $165 million in a Series C funding round, with proceeds aimed at advancing its development of mass-produced nuclear microreactors. Founded in 2020, California-based Radiant is designing a 1MW nuclear microreactor that can be mass-produced and act as a climate-friendly, zero-emissions alternative to diesel generators, providing power for applications such as remote…

Danske Bank Shifts Sustainable Finance Focus to Financing Transition of High Emitting Companies

Danske Bank Shifts Sustainable Finance Focus to Financing Transition of High Emitting Companies

Copenhagen-based Nordic bank Danske Bank announced the launch of a new approach to its sustainable finance activities, including a broader focus to include supporting companies in high-emitting sectors in their climate transitions, as well as financing companies in transition-enabling value chains. According to Danske Bank, the initiative reflects “the evolving landscape of sustainable finance,” with the bank having followed a…

SAP Launches New Sustainability Data Management Solutions

SAP Launches New Sustainability Data Management Solutions

Enterprise application software company SAP announced the launch of a series of new solutions aimed at enabling companies to manage sustainability data from across the value chain and more accurately report and comply with regulatory requirements. Announced at SAP’s annual customer event, Sapphire, several of the new tools will form part of the company’s recently released Business Data Cloud (BDC)…