I remember my 30th birthday. Some friends and I dressed as fighter pilots and embarked on a Top Gun-themed excursion around our local hostelries. The next morning, I wondered: was I getting a bit old for this? By 30, my grandfather had a mortgage, a career in telecoms, and two kids in school. I had been playing ‘Goose’ down the…
Multi-State Coalition Warns Microsoft, Google, Meta Against Complying with EU’s CSRD, CSDDD Sustainability Laws
A group of 16 U.S. State Attorneys General*, led by Florida AG James Uthmeier have sent letters to the leaders of several companies, including tech giants Microsoft, Google and Meta, urging the companies to not comply with the EU’s new sustainability reporting and due diligence regulations, the CSRD and CSDDD, and warning that the laws would expose the companies to…
Denominator Acquires Equality and Diversity Data Provider Equileap
Social and human capital data company Denominator announced today the acquisition of gender equality and diversity data provider Equileap, in a move described by Denominator as aimed at creating a global leader in Human Capital Data. Founded in 2021, New York-based Denominator provides information aimed at enabling businesses and investors to navigate people-related matters across investments, procurement and corporate strategy….
Apple Signs 15-Year Renewable Energy Deal in Italy with Engie
Power company Engie announced that it has entered a 15-year renewable Power Purchase Agreement (PPA) with Apple enabling the construction of new solar and wind projects in Italy. Under the agreement, Engie will develop 173 MW of new capacity in southern Italy, including two wind farms, one wind repowering project, and two agrivoltaic plants. The new projects are scheduled to…
Guest Post: Why Carbon Credit Portfolios Bring Balance for Companies in an Emerging Market
By: Nathan Truitt, Executive Vice President, American Forest Foundation Carbon credit buyers today are presented with many black-and-white dichotomies and urged to pick sides. Reductions or removals? Tech-based or nature-based solutions? Yet these distinctions are nowhere to be found in the scientific literature on climate action, which makes clear we need all these activities to mitigate climate change. As COP30 approaches, companies…
Apollo Buys 50% Stake in Massive UK Offshore Windfarm from Ørsted for $6.5 Billion
Global alternative investment manager Apollo announced an agreement to acquire a 50% stake in one of the world’s largest offshore wind farms, the UK’s Hornsea 3, from energy developer Ørsted, with Apollo committing to invest $6.5 billion to fund the transaction and half of the project’s remaining construction costs. Located 160 km off the coast of Northern England, Hornsea 3…
Position Green Acquires Supply Chain Sustainability Solutions Provider Factlines
Sustainability software and advisory company Position Green announced today the acquisition of supply chain transparency and human rights due diligence solutions provider Factlines. The transaction marks the latest in a series of acquisitions by Position Green, forming part of its efforts to establish a comprehensive sustainability platform. In September, Position Green announced the acquisition of ESG reporting and compliance solutions…