ISS STOXX’s benchmark and custom index solutions unit STOXX announced today an agreement to acquire sustainability-focused index and data provider ECPI from investment management solutions company Confluence. Founded in 1997, Milan-based ECPI provides sustainability indices, data, and analytics to the institutional investor community, assisting asset owners and asset managers in developing sustainable investment solutions ranging from investable indices to sustainability…

An increasing proportion of asset owners globally reported implementing sustainability considerations in their investment strategies over the past year, despite geopolitical headwinds, with investment performance and risk management increasingly emerging as top drivers for sustainable investing, according to a new survey released by index provider FTSE Russell. For the report, FTSE Russell’s “8th Annual Sustainable Investment Asset Owner Survey 2025,”…

Indian renewable energy company ReNew Energy Global announced that it has signed a long-term agreement with Google to develop a 150 MW solar project in Rajasthan, India. Under the deal, Google will purchase the environmental attribute certificates from the project, which the company said it will allocated to its Scope 3 emissions. Google’s environmental targets include 2030 goals to reach…

By: Stuart Lemmon, Global Head of Practices at SE Advisory Services For much of the past decade, corporate sustainability has operated in declaration mode: set an ambitious target, publish a roadmap, wait for policy to catch up. That approach has reached its limits. While COP continued to advance the multilateral agenda, for companies it reinforced a harder truth: credibility now…

Nuclear tech startup Radiant announced that it has raised more than $300 million in a new funding round, with proceeds from the financing aimed at scaling the company’s commercialization efforts to mass produce micro-scaled nuclear reactors. Founded in 2020, California-based Radiant is aiming to build nuclear microreactors that can be mass-produced and act as a zero-emissions alternative to diesel generators,…

UK-based bank Barclays and climate tech company ExpectAI announced the launch of a new collaboration, aimed at helping small and medium-sized businesses grow their profits using AI-based sustainability insights. Founded in 2021, London-based ExpectAI provides solutions to use artificial intelligence and public data to help SMEs grow profits and reduce emissions. The company recently launched its first product, Una, an…

Northern Europe-based asset manager Nordea Asset Management (NAM) announced the appointment of Kasper From Larsen and Rachel Reutter as Portfolio Managers for its Sustainable Thematic Team. Nordea’s Sustainable Thematic Team manages more than €18 billion across a series of climate and impact strategies, ranging from climate solutions and transition portfolios to traditional wide-ranging impact strategies. With the new additions, the…

The European Commission announced plans to remove its requirement for a 100% reduction in CO2 emissions from new cars and vans from 2035, marking one of the most significant moves in its initiative to ease industrial sustainability requirements. Announced as part of its newly released “Automotive Package,” the Commission’s proposal would still require carmakers to meet a 90% tailpipe emissions…

Microsoft and Spanish multinational energy company Iberdrola announced the launch of a new partnership, including the signing of their first renewable energy power purchase agreements (PPAs) in Europe, and initiatives to accelerate the deployment of AI across Iberdrola’s operations. The new collaboration includes two long-term PPAs in Spain, totalling 150 MW of electricity from Iberdrola’s Iglesias wind farm in Burgos…

The European Commission announced the release of a series of proposed changes to the Carbon Border Adjustment Mechanism (CBAM), the EU’s carbon tax on imported goods, including expanding the scope of the CBAM to some downstream products, in order to avoid a shift in production away from EU manufacturers to those in countries with weaker climate policies. Adopted in 2023,…