Institutional investors are increasingly allocating towards natural capital as they view it as a way to strengthen portfolios by lowering correlation, preserving capital and providing attractive risk-adjusted returns, according to a report. Natural Capital: A Guide for Institutional Investors was created by Kana Earth, Aberdeen Investments, Gresham House and Rebalance Earth to dispel common misconceptions around natural capital investing and…
Novata Acquires Sustainability Reporting Solutions Provider Atlas Metrics
Private markets-focused ESG data solutions provider Novata announced today the acquisition of European sustainability performance and reporting platform Atlas Metrics, in a move aimed at expanding its global reach to meet the growing demand for sustainability data and reporting solutions. Founded in 2021, Berlin-based Atlas Metrics provides an ESG compliance and sustainability performance management platform, utilizing automation, AI, secure data…
TotalEnergies, Veolia Launch New Collaboration on Energy Transition, Circular Economy
Energy company TotalEnergies and resource management-focused company Veolia agreed to broaden their partnership through a new memorandum of understanding aimed at speeding up the shift toward cleaner energy and more efficient resource use. The collaboration combines their respective expertise in energy and environmental management to develop large-scale solutions that lower emissions and conserve water across industries. Specifically, Veolia will apply…
Microsoft Signs 20-Year Renewable Energy Deals in Japan
Clean energy developer Shizen Energy announced three new 20-year renewable energy purchase agreements with Microsoft for solar power projects in Japan. The new announcement expands the executed renewable energy purchase deals between the companies to 100 MW across four solar projects, following an initial 25 MW agreement in 2023 for a project in Inuyama City, Microsoft’s first PPA in Japan….
Singapore Releases Anti-Greenwashing Guidance for Companies
Singapore’s Ministry of Trade and Industry’s Competition and Consumer Commission of Singapore (CCS) announced today the issuance of a new guide aimed at helping companies navigate quality-related claims and avoid potential greenwashing in marketing about their products, services and their businesses. While referring broadly to claims relating to the qualities, uses or benefits associated with products or businesses, CCS said…
Sunhat Raises $10.8 Million to Help Businesses Prove and Verify ESG Data
ESG data startup Sunhat announced that it has raised €9.2 million (USD$10.8 million) in a Series A funding round, with proceeds aimed at scaling its AI-powered solution to enable enterprises to validate sustainability and regulatory data. Founded in 2022, Germany-based Sunhat provides solutions to help companies to rapidly prove and verify ESG and non-financial data for customers, regulators and investors,…
Diginex Acquires ESG Data Provider Matter from Nasdaq
Sustainability RegTech company Diginex announced the completion of the acquisition of ESG data company Matter, in a transaction valuing Matter’s equity at $13 million, and aimed at enhancing Diginex’s capabilities across ESG data benchmarking, reporting, and AI-driven analytics. Diginex is acquiring the company from majority owner Nasdaq, which announced its initial investment in the company in 2020. Nasdaq will remain…
Nestlé, Mars, Other Companies Warn Against Another Delay to EU’s Supply Chain Deforestation Law
A group of major companies* including Nestlé, Mars Wrigley and Ferrero, among several others, have issued a letter urging European lawmakers to avoid further delaying the EU Deforestation Regulation (EUDR), a new law aimed at ensuring that products imported to or exported from EU markets no longer contribute to deforestation and forest degradation globally, warning that pushing the implementation of…