Concrete decarbonization technology company Neocrete announced that it has raised $3.5 million in a funding round, with proceeds aimed at supporting expansion into European and U.S. markets and continued commercial deployment across Southeast Asia. Building materials are a key source of global greenhouse gas emissions. Cement production, an ingredient in concrete, accounts for approximately 8% of global carbon dioxide emissions,…

Google announced a significant expansion in its water replenishment investments, with commitments of $60 million in new water stewardship projects across the U.S., in support of its goal to become water positive across its data center operations by 2030. The 2030 water positive goal, targeting replenishing more water than it consumes, was announced earlier this year, alongside commitments of $17…

CPP Investments, the investment manager of the Canada Pension Plan, announced the launch of a new climate disclosure framework to analyze its global portfolio carbon footprint, including new disclosures on carbon intensity and transition governance indicators across the fund’s holdings. The organization said that it has reported portfolio carbon footprint metrics since 2018, with the enhanced reporting aimed at providing…

Solar developer and operator Dimension Energy announced that it has raised $857 million in capital, with proceeds aimed at accelerating the growth of its distributed solar operations in the U.S. The company said that the new capital will support its growth to 1 GW of operating assets by 2028. Founded in 2018, Atlanta-based Dimension Energy develops, owns and operates distributed…

Singapore’s sovereign wealth fund, GIC, has appointed De Rui Wong as its new Head of Sustainability, leading the firm’s Sustainability Office, which conducts sustainability-related investment research and develop investment strategy solutions to address sustainability issues that have significant impact on the GIC portfolio. Wong joined GIC in 2019, and has served in the Sustainability Office since it was launched in…

Microsoft and clean energy company Qcells announced a significant expansion of their alliance, currently focused on solar panels, to the exploration of new approaches to address the key challenge of adding massive compute capacity required to support AI, without shifting the energy burden onto local communities. The announcement follows an initial 2.5 GW solar panel and services agreement by the…

New legislation aimed at preventing civil lawsuits against companies over the environmental harm caused by their greenhouse gas emissions passed the final reading in the New Zealand Parliament, in a move criticized by environmental groups, but described by Justice Minister Paul Goldsmith as providing businesses with “certainty around their climate change obligations.” The legislation, introduced by the New Zealand government…

Germany-based sustainability software company osapiens announced Wednesday the acquisition of capital markets technology and exchange company Nasdaq’s sustainability reporting and carbon accounting software platform Nasdaq Metrio, and its customers. Launched in 2023 by Nasdaq following its acquisition of ESG reporting software provider Metrio, Nasdaq Metrio helps organizations collect, validate, and report ESG and GHG data, with coverage of frameworks and standards including…

Middle East, North Africa, Türkiye and South Asia-focused banking group Emirates NBD announced the release of its inaugural Transition Finance Framework, underpinning its commitment to mobilize $30 billion of sustainable and transition finance by 2030 by providing clear guidelines for identifying and categorizing financing activities that facilitate the transition to a low-carbon economy, alongside the group’s current Sustainable Finance Framework….

China-based energy solutions company CATL announced it has reached certification of all 20 of its battery plants as carbon neutral, achieving its key climate target of carbon neutrality across core operations by 2025 on schedule. The company also unveiled its action roadmap toward the achievement of full value-chain carbon neutrality by 2035, which includes plans to issue new procurement guidelines…