IKEA, truck manufacturer Daimler Truck Italia and logistics company LC3 Trasporti announced the launch of a new fully electrified heavy road transport project, aimed at reducing emissions from road transport in Italy and advancing a more sustainable logistics system. Set to be phased in over time, the initiative will begin with two Battery Electric Vehicles, and expand to more than…
Blackstone’s Aypa Power Secures $1.5 Billion to Build Energy Storage Projects Across U.S.
Blackstone-backed energy storage developer Aypa Power announced that it has secured $1.5 billion in warehouse facility financing, with the capital aimed at accelerating the construction of utility-scale energy storage projects across the U.S. The financing, which includes a $1.5 billion construction warehouse revolving credit facility, and an additional US$500 million accordion feature, marks the largest warehouse financing executed for a…
SBTi Releases New Draft Net Zero Target-Setting Standard for Automotive Sector
The Science Based Targets initiative (SBTi) announced the release of an updated draft of its new Automotive Sector Net-Zero Standard, aimed at providing a framework for automakers and auto parts manufacturers looking to science-based net zero-aligned goals. The new publication, aimed at providing an Automotive Standard to replace parts of SBTi’s current Land Transport Guidance, follows the release by the…
Only 38% of Companies Currently on Track with Global Climate Goals: MSCI
Less than 40% of listed companies globally currently have emissions trajectories aligned with the global climate goal of limiting temperature increase to under 2°C above preindustrial levels this century, although companies have continued to set climate targets over the past year, including a significant increase in companies with SBTi-approved emissions reduction goals, according to a new study released by investment…
Sustainable fund outflows slow in Q4
Outflows from European sustainable funds slowed in the fourth quarter of 2025, while passive funds posted modest inflows, according to Morningstar. In Morningstar’s Q4 2025 Global Sustainable Fund Review, it was reported European-domiciled sustainable funds saw outflows of $20bn in the final three months of 2025, but this was a sharp reduction from the record outflows of £49.6bn seen in Q3….