The U.S. Chamber of Commerce has asked the Supreme Court to step in to pause California’s new climate reporting laws, in a last ditch attempt by the business group to stop the implementation of new requirements for thousands of U.S. companies to report on climate risks and greenhouse gas emissions, with initial reporting set to start at the beginning of…

Cleantech startup Voya Energy announced its public launch, alongside the closing of a $13 million seed funding round to develop its new technology to produce carbon-free “metal fuels.” Launched through a collaboration with founding investor Energy Impact Partners (EIP), California-based Voya is developing technology to convert recycled metals into powerful, safe, and durable fuel, enabling fast, flexible deployment of electricity…

Electric truck manufacturer Harbinger announced today that it has raised $160 million in a Series C funding round, and that it has signed an initial order for EVs from global delivery giant FedEx, who also co-led the financing round. Founded in 2021, California-based designs and manufactures chassis for electric commercial and specialty vehicles, designed to support all of popular medium-duty…

The European Council announced today that EU member states have adopted a decision to open negotiations with the UK towards an agreement to link their emissions trading systems (ETS), forming part of efforts to bring re-align the EU and UK in key areas that have been developing separately since Brexit. Established in 2005, the EU ETS puts a price on…

Lawmakers in the European Parliament agreed today to dramatically cuts to the EU’s sustainability reporting and due diligence laws, including significant reductions in the number of companies covered by the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD), and the elimination of the obligation by companies to prepare climate transition plans. The vote, with 382 MEPs in favor…

Sustainability-focused investment manager Mirova announced that it has invested $30 million in a soil-based carbon project in India by project developer Varaha, focused on supporting smallholder farmers in implementing regenerative agricultural practices. The investment marks Mirova’s largest transaction to date under its nature-based carbon strategies, as well as its first carbon investment in India. Founded in 2022, carbon project developer…

AI-powered ESG risk management solutions provider GreenFi announced that it has raised $2 million in seed funding, with proceeds aimed at helping the company scale its platform. Founded in 2023, Singapore-based GreenFi provides solutions aimed at helping financial institutions and enterprises automate sustainability compliance, reporting, and risk assessment. The company’s platform utilizes its proprietary AI agents and sustainability intelligence engine…

Google and TotalEnergies announced a new long-term renewable energy Power Purchase Agreement (PPA), supplying Google with 1.5 TWh of certified renewable electricity from TotalEnergies’ Montpelier solar farm in Ohio, supporting Google’s data center operations in the region. Google’s environmental targets include 2030 goals to reach net zero emissions across its operations and value chain, and its 24/7 CFE ambition, aiming to run its…

The Government of the Hong Kong Special Administrative Region of the People’s Republic of China (HKSAR) announced the pricing of HK$10 billion (USD$1.3 billion) of digital green bonds, marking the largest-ever digital bond issuance in the world to date. A digital green bond, or a tokenized green bond, is a green bond that is represented on a blockchain network. Investors…

The Taskforce on Nature-related Financial Disclosures (TNFD) announced plans to end its technical work program, including its work to develop technical guidance for nature-based reporting, following an announcement by the IFRS Foundation’s International Sustainability Standards Board (ISSB) that it will begin work on standard setting for disclosure requirements on nature-related risks and opportunities. The TNFD was launched in 2021, building on…