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Airbus, Qantas Back $30 Million Financing for SAF Developer Jet Zero

Airbus, Qantas Back $30 Million Financing for SAF Developer Jet Zero

Sustainable aviation fuel (SAF) and renewable diesel (RD) project developer Jet Zero Australia announced today that it has raised $30 million in a new funding round, with proceeds from the financing aimed at advancing the company’s Project Ulysses, a commercial-scale SAF and RD refinery in Townsville, Australia. Founded in 2021 North Queensland by Ed Mason, Jet Zero develops and operates…

UK Proposes Major Overhaul of Corporate Sustainability Reporting Requirements

UK Proposes Major Overhaul of Corporate Sustainability Reporting Requirements

The UK government announced on Monday the launch of a major overhaul of its corporate reporting system, including significant potential changes to non-financial disclosure requirements by companies, such as proposals to remove mandatory reporting on issues including environmental impact, employee diversity, social responsibility, and human rights from its core law governing corporate reporting. While the new consultation notes that reporting…

Aviva Investors hires head of sustainable equities

Aviva Investors has strengthened its equities team with the hires of a new head of sustainable equities, as well as a head of equity research. Luciano Lilloy has joined from Impax Asset Management to take the role of head of sustainable equities, which is a newly created role at Aviva Investors. Tasked with developing the firm’s sustainable equities capabilities, he…

Stop treating wildfire as an emergency – treat it as a diagnosis

New York watches its skies turn grey with smoke from wildfires ravaging Canada’s forests. Bordeaux and Madrid count the cost of wildfires mere kilometres from their doors. Meanwhile, more than 200 wildfires were reported in England and Wales in the past fortnight. In the past five years, global insurers’ losses due to climate change have doubled compared with the previous…

Eurazeo-backed T1A Acquires Flex IT to Form €150 Million Circular IT Platform

Eurazeo-backed T1A Acquires Flex IT to Form €150 Million Circular IT Platform

Circular IT solutions provide T1A announced today the acquisition of sustainable hardware solutions provider Flex IT, in a transaction described by the companies as aimed at building a leading European circular IT platform, with revenues of approximately €150 million (USD$174 million). The transaction is backed by French investment firm Eurazeo’s impact buyout fund Eurazeo’s Planetary Boundaries Fund (EPBF), which acquired…

ESG Today: Week in Review

ESG Today: Week in Review

This week in ESG news: Green bond issuance hits new record in Q2 2026; 16 U.S, states warn Big 4 accounting firms over “pushing” climate-related reporting; UN report says goal limiting climate change to 1.5°C out of reach; U.S. judge blocks New York’s $75 billion plan to charge oil companies for climate change costs; California releases guidance for companies about…

Cypress Creek Reveals Microsoft as Long-term Offtaker for New $180 Million Washington Solar Project

Renewables developer and power producer Cypress Creek Energy announced the commercial operation of its Ostrea Solar project, its new $180 million, 104 MWdc renewable energy facility in Yakima County, Washington. The company also revealed that Microsoft, headquartered in Redmond, Washington, has signed a power purchase agreement (PPA) with Cypress Creek for electricity and environmental products generated by the project, serving…

Cypress Creek Reveals Microsoft as Long-term Offtaker for New $180 Million Washington Solar Project

Renewables developer and power producer Cypress Creek Energy announced the commercial operation of its Ostrea Solar project, its new $180 million, 104 MWdc renewable energy facility in Yakima County, Washington. The company also revealed that Microsoft, headquartered in Redmond, Washington, has signed a power purchase agreement (PPA) with Cypress Creek for electricity and environmental products generated by the project, serving…

Cypress Creek Reveals Microsoft as Long-term Offtaker for New $180 Million Washington Solar Project

Renewables developer and power producer Cypress Creek Energy announced the commercial operation of its Ostrea Solar project, its new $180 million, 104 MWdc renewable energy facility in Yakima County, Washington. The company also revealed that Microsoft, headquartered in Redmond, Washington, has signed a power purchase agreement (PPA) with Cypress Creek for electricity and environmental products generated by the project, serving…

Cypress Creek Reveals Microsoft as Long-term Offtaker for New $180 Million Washington Solar Project

Renewables developer and power producer Cypress Creek Energy announced the commercial operation of its Ostrea Solar project, its new $180 million, 104 MWdc renewable energy facility in Yakima County, Washington. The company also revealed that Microsoft, headquartered in Redmond, Washington, has signed a power purchase agreement (PPA) with Cypress Creek for electricity and environmental products generated by the project, serving…