Carbon markets-focused standard platform Equitable Earth announced today that it has raised €12.6 million (USD$14.7 million) in a new funding round, with proceeds from the financing aimed at supporting the expansion of its certification programme for nature-based carbon projects. Founded in 2020, Paris-based Equitable Earth aims to provide a global standard for conservation and restoration projects on the carbon markets….
Sustainability RegTech company Diginex announced that it has completed the acquisition of The Remedy Project Limited, an advisory and research company specializing in labor and human rights in global supply chains. According to Diginex, the acquisition comes as demand growing global demand for human rights due diligence in supply chains, driven by increasingly stringent regulations, such as the EU’s Corporate…
Business sustainability ratings and solutions provider EcoVadis and Amazon announced a new feature on the Amazon Business B2B marketplace, allowing sellers to display their EcoVadis medals or badges on their profiles as a key search criteria for buyers. According to the companies, the new feature is being launched in response to growing buyer demand for supply chain transparency and to…
UK-based multinational bank Standard Chartered announced that it has issued its first-ever green bond, raising €1 billion to finance projects including renewable energy and green buildings in Asia, Africa and the Middle East. The new offering marks Standard Chartered’s fifth sustainable finance issuance, and its first in a green-only format. The bank issued its inaugural social bond last year, raising…
London-based machine learning and genomics startup Biographica announced that it has raised £7 millon (USD$9.4 million) in a new Seed funding round, with proceeds aimed at accelerating its creation of climate-resilient, productive and nutritious crops using AI. According to Biographica, the new financing comes as the agricultural industry faces long timelines and big expenses when developing new crop traits to…
U.S. President Donald Trump announced on Wednesday that the U.S. will withdraw from a wide range of major international climate, clean energy, sustainable development, and other global cooperation organizations, including the landmark UN climate treaty, the United Nations Framework Convention on Climate Change (UNFCCC), calling them “contrary to the interests of the United States.” The announcement follows an Executive Order…
Impact investor Acumen announced that it has raised $250 million in blended capital through its “Hardest-to-Reach Initiative” (H2R), aimed at expanding clean energy access across sub-Saharan Africa. Launched at the COP28 climate conference in 2023 with a $65 million anchor investment by the Green Climate Fund, H2R brings together public, private, and philanthropic capital to expand clean and affordable energy…
Energy giant bp and global agriculture technology company Corteva announced the launch of Etlas, a new 50:50 joint venture aimed at producing seed-based feedstock for biofuels such as sustainable aviation fuel (SAF) and renewable diesel (RD). According to the companies, the new platform aims to provide a reliable and scalable feedstock source as demand for biofuels is expected to grow…
JPMorgan’s asset management business will no longer use third party proxy advisory firms for managing voting for U.S. companies, with the firm turning instead to a newly launched AI-powered platform according to a company memo seen by ESG Today. According to the memo, the move makes JPMorgan the first major investment firm to end the use of external advisors for…