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Equitix Buys Stake in Energy from Waste Platform Viridor from KKR

Equitix Buys Stake in Energy from Waste Platform Viridor from KKR

Infrastructure investor Equitix announced the acquisition of a substantial minority stake in UK-based energy-from-waste operator Viridor Group from KKR, building on its current 35% stake in the company Viridor operates the largest Energy from Waste (EfW) fleet in the UK, with 12 EfW facilities processing more than 3.5 million tonnes of waste and recycling a year, and producing more than…

Guest Post: COP30 Moved Adaptation Goals to 2035. The Financial Risks Arrive Sooner.

Guest Post: COP30 Moved Adaptation Goals to 2035. The Financial Risks Arrive Sooner.

By Kamil Kluza, Co-founder and COO, Climate X COP30’s decision to shift the global adaptation finance target, tripling it to $120 billion annually but delaying delivery from 2030 to 2035, was presented as a pragmatic compromise. The target sets the level of global public finance intended to help countries invest in physical resilience, and yet that adjustment quietly changes the…

Two-thirds of ESG Funds Change Names Following New EU Sustainable Fund Naming Rules: ESMA Study

Two-thirds of ESG Funds Change Names Following New EU Sustainable Fund Naming Rules: ESMA Study

Approximately two thirds of funds with ESG terms in their names changed their names, with many dropping ESG terms or using terms with less stringent requirements, and half updated their investment policies, following new guidelines for funds using ESG or sustainability-related terms in their name released last year by EU markets regulator the European Securities and Markets Authority (ESMA), according…

KKR Acquires Majority Stake in Sustainable Rail Leasing Platform Green Mobility Partners

KKR Acquires Majority Stake in Sustainable Rail Leasing Platform Green Mobility Partners

Alternative asset and private equity investor KKR announced that it will acquire a majority stake in electric locomotive leasing company Green Mobility Partners (GMP), and the formation of a new strategic partnership with GMP aimed at meeting growing demand for sustainable rail infrastructure across Europe. Launched in 2024 by Christoph Katzensteiner, Vienna-based GMP provides full service for Siemens Vectron electric locomotives,…

SKF Decarbonizes Six Factories Globally

SKF Decarbonizes Six Factories Globally

Swedish engineering and manufacturing company SKF announced that it has achieved decarbonized status at six new factories, bringing its total number of decarbonized factories to 9 across its global footprint. SKF’s efforts to tackle the carbon footprint of its factories forms part of the company’s commitment to decarbonize its operations by 2030, and to reach net zero emissions throughout its…

ESG Today: Week in Review

ESG Today: Week in Review

Welcome to the final ESG Today Week in Review for 2025! This week in ESG news: New York to require mandatory GHG emissions reporting for large emitters from 2027; EU to scrap 2035 ban on combustion engine cars; Microsoft signs large scale bioenergy-based carbon removal agreement; BlackRock loses another multi-billion dollar pension fund mandate over ESG policies; Canada to launch…

EU Council Adopts Revised EUDR, Marking Final Step in Delay of Supply Chain Deforestation Law

EU Council Adopts Revised EUDR, Marking Final Step in Delay of Supply Chain Deforestation Law

Member states in the European Council announced on Thursday that they have formally adopted amendments to the EU Deforestation Regulation (EUDR), marking the last major legislative step to introduce a new 1 year delay and simplifications to the new law requiring companies to ensure that products imported to or exported from EU markets no longer contribute to deforestation and forest…

Canada to Launch Sustainable Investment Taxonomy in 2026

Canada to Launch Sustainable Investment Taxonomy in 2026

The Government of Canada announced the appointment of the Canadian Climate Institute to lead the development of a new sustainable investment taxonomy, with plans for the initial categorization system to identify green and transition investments to be released by the end of 2026. The announcement follows an initial commitment by the prior Canadian government in 2024 to launch a sustainable…

Microsoft Signs Enhanced Rock Weathering Carbon Removal Deal with InPlanet

Microsoft Signs Enhanced Rock Weathering Carbon Removal Deal with InPlanet

Climate tech startup InPlanet announced today a new carbon credit purchase agreement with Microsoft, for the delivery of more than 28,500 tonnes of CO2 removal between 2026 and 2028, generated through Enhanced Rock Weathering (ERW) projects in Brazil. Founded in 2022, Brazil and Germany-based InPLanet is developing ERW as a scientifically rigorous pathway for durable carbon dioxide removal and regenerative…

DHL Signs Emissions Reduction Rights Deal with Air France KLM Cargo

DHL Signs Emissions Reduction Rights Deal with Air France KLM Cargo

Logistics giant Deutsche Post DHL Group’s air and ocean freight business DHL Global Forwarding announced a new agreement with Air France KLM Martinair Cargo (AFKLMP), expanding their collaboration to the use of emissions reduction rights to help DHL decarbonize air freight and meet its sustainability goals. The new announcement follows an initial agreement between the companies in 2022, with DHL…