Altor Equity Partners announced the acquisition of a majority stake in marine and land-based cleantech solutions provider Evac from private asset investor Bridgepoint. Founded in 1979, Espoo, Finland-based, Evac is a global provider of integrated clean-tech systems for marine, offshore and land-based industries. The company specializes in water and waste management, as well as vessel protection systems used by naval…
By Sammy Lakshmanan, PwC US Digital & AI-enabled Sustainability Principal Companies have spent years investing in sustainability to cut costs, strengthen resilience, and meet emissions targets. Yet many haven’t realized the full value because the underlying data has been scattered across systems that don’t talk to each other and a disproportionate amount of time is being spent on collecting data…
Apple announced that its Vice President for Environment, Policy, and Social Initiatives, will retire in late January 2026. Jackson joined the company in 2013, after serving as Administrator of the U.S. Environmental Protection Agency (EPA), appointed by President Barack Obama. At Apple, she has been responsible for overseeing the company’s efforts to minimize its impact on the environment by addressing…
Global professional services firm EY announced the appointment of Alexis Gazzo as Global Climate Change and Sustainability Services (CCaSS) Leader. Gazzo takes on the role following the recent departure of EY’s former climate and sustainability leader Dr. Matthew Bell, who has been appointed Group CEO of sustainability advisory and solutions firm Anthesis. In his new role, Gazzo will lead EY’s…
A U.S. federal court struck down an executive order by President Trump aimed at freezing new wind energy developments across the country, agreeing with a coalition of 18 State Attorneys General that the administration’s order was “arbitrary and capricious and contrary to law.” The ruling follows a Presidential Memorandum signed by Trump on his first day in office, indefinitely halting…
Lawmakers in the European Parliament and Council announced on Tuesday that they have reached a provisional agreement on the Omnibus proposal to simplify and reduce sustainability reporting and due diligence requirements for companies. The agreement, if approved by the Parliament and Council, would dramatically reduce the number of companies covered by the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD),…
Sustainability-focused asset manager Osmosis Investment Management announced the launch of the Osmosis Emerging Markets Core Equity Transition Fund, a new fund aimed at providing investors with exposure to emerging markets growth in addition to environmental progress, through investments in companies that use resources to efficiently reduce carbon, water and waste exposure. Founded in 2009, Osmosis manages $16.6 billion in sustainable…