The California Air Resources Board (CARB), the regulator charged with developing and enforcing new regulations requiring large companies to disclose their value chain emissions and report on climate-related financial risks, announced the release of a new publication of frequently asked questions (FAQ), aimed at providing an update on its regulatory development for the new regulations, and on guiding companies preparing…
Carbon removal buyer coalition Frontier announced a new $41 million offtake agreement with bioenergy carbon capture & storage (BECCS) company storage Arbor, to remove 116,000 tons of CO2 between 2028 and 2030, on behalf of companies including Google, Shopify, and H&M Group. The new offtake agreements will enable Arbor to proceed with its first commercial-scale plant near Lake Charles, Louisiana,…
Spanish energy and electricity provider Iberdrola and UAE-based clean energy-focused developer Masdar announced today a new agreement to co-invest €5.2 billion (USD$6.1 billion) in the 1.4 GW East Anglia THREE project, marking the largest offshore wind transaction of the decade. The new agreement follows the launch by the companies of a partnership in 2023, aimed at investing up to €15 billion…
ISS Sustainability Solutions, the sustainable investment business of ISS STOXX, announced today the launch of Sovereign Climate Impact Report, a new solution aimed at enabling investors to understand, measure, report, and act on climate transition-related risks and impacts of their sovereign portfolios. According to ISS, the new solution, forming part of its Climate Solutions suite, was developed in response to…
How operational agility and specialization helped us find aligned partners for our $430M ventures fund By: John Tough, Managing Partner, Energize Capital A few weeks ago, our team at Energize Capital announced the close of Ventures III, a fund with $430 million of capital commitments across the fund and its related vehicles, built to power the next chapter of software-enabled…
Applied safety science company provider UL Solutions announced the launch of a series of new sustainability-focused software solutions, including tools to help companies manage supply chain emissions data, meet ISSB sustainability reporting requirements and plan renewable energy deployment. The new solutions form part of UL Solutions’ ULTRUS software platform, which ais to help companies ULTRUS software platform. The new tools…
The European Financial Reporting Advisory Group (EFRAG) revealed that it is currently considering changes to the European Sustainability Reporting Standards (ESRS) underlying the EU’s CSRD regulation that would reduce datapoints reported by companies by approximately two-thirds, and include a “drastic decision” to eliminate voluntary disclosure, or “may” datapoints. The plans were released with the publication of EFRAG’s “Amended ESRS Exposure Draft,”…
Google announced a significant achievement in its efforts to address its climate impact, reducing carbon emissions from its data centers by 12% in 2024, despite significantly higher energy usage, according to its new 2025 Environmental Report. Despite the company’s success in addressing its data center emissions, however, the report also indicated that Google’s overall carbon footprint continued to grow in…