WisdomTree has added a quantum computing ETF to its range. The group said quantum computing has gaining commercial viability as there has been a revolutionary shift in information processing, with quantum mechanics now able to perform calculations at speeds and scale far beyond the capabilities of classic computers. This is expected to bring transformational change across industries such as drug…
Engie, Prometheus to Co-Locate Data Centers and Renewable Energy in Texas
Engie North America announced a new agreement with sustainable hyperscale data center developer Prometheus Hyperscale to co-locate data centers at renewable and battery storage energy facilities along in Texas. Prometheus Hyperscale was launched last year, with a commitment to deliver infrastructure that is both scalable and environmentally responsible, by integrating cutting-edge technologies and sustainable practices into its data center designs….
GenZero Targets 7 Million Tons of Decarbonization Impact from Investments by 2028
Temasek-owned decarbonization solutions-focused investment platform GenZero announced the launch of a new sustainable investment target, aiming to achieve at least 7 million tons of CO2e (MtCO2e) of cumulative direct realized climate impact by March 31, 2028, based on its ownership share across its investment portfolio. GenZero was launched by Temasek in 2022, as an investment platform focused on accelerating decarbonization globally,…
Standard Chartered Appoints Roger Charles as Head of Sustainability Initiatives, Coverage
UK-based international banking group Standard Chartered announced today the appointment of Roger Charles to its Corporate & Investment Banking (CIB) team as Head of Sustainability Initiatives, Coverage. Based in Singapore, Charles will be responsible for supporting CIB’s coverage and product partners and working with Standard Chartered’s Group Sustainability team in helping clients achieve their sustainability goals, as the bank pursues…
One Click LCA Acquires SimaPro and PRé Sustainability to Scale Carbon Footprint Solutions Across Industries
Sustainability software solutions provider One Click LCA announced today the acquisition of life-cycle assessment (LCA) platform SimaPro and its developer, PRé Sustainability, with the transaction aimed at providing solutions for companies to assess and reduce product carbon footprints and comply with regulations. According to One Click LCA, the transaction comes as demand is increasing for high-quality sustainability data, with the…
Deutsche Bank Maintains Net Zero Goals in Updated Transition Plan
Deutsche Bank announced the publication of its updated Transition Plan, outlining the bank’s progress towards its climate-related goals, and updating its approaches towards reaching its net zero ambitions. Deutsche Bank published its initial Transition Plan in 2023. The update comes as several major banks globally are reassessing their climate and sustainable finance approaches, with many dropping out of industry groups…
Sony Sets Goal to Reduce Value Chain Emissions by 25% within 5 Years
Sony Group Corporation announced a series of new medium-term environmental goals, including new targets to reduce Scope 1 and 2 greenhouse gas (GHG) emissions by 60%, and group-wide Scope 3 value chain emissions by 25% by 2030. The new goals form Sony’s ‘Green Management 2030’ (GM2030) medium-term environmental plan, covering the 2026 through to 2030 fiscal years. “Green Management” constitutes…
IFC, BTG Pactual to Invest $1 Billion in Sustainability and Development in Latin America
World Bank Group member the International Finance Corporation (IFC) and Brazil-based investment bank BTG Pactual announced the launch of a new strategic partnership aimed at advancing sustainability and development initiatives in Brazil and across Latin America, by mobilizing resources and expertise to address critical global challenges and fostering impactful investments. IFC and BTG Pactual said that they aim to reach up…