Safety and operational risk management software provider Novara announced the acquisition of AI-powered sustainability performance management platform Ensogo, with the transaction aimed at expanding Novara’s AI capabilities, sustainability offerings and global presence. Founded in Toronto, Ensogo provides AI-powered software designed to help organizations simplify ESG compliance and drive meaningful impact, with solutions to streamline environmental reporting, improve operational visibility, and…

Amazon announced the expansion of its carbon credit service to the UK, aimed at enabling companies in its value chain to access high-quality carbon neutralization and inset credits. The announcement marks the first international expansion of the service, launched last year by Amazon in the U.S. According to Amazon, the service helps to address key challenges facing companies in accessing…

Global investment manager Northern Trust Asset Management (NTAM) announced the launch of two new actively managed UCITS funds – NT World Multifactor Focus Select Fund and NT World Multifactor Select Fund, aimed at enabling investors to pursue outperformance while efficiently managing climate transition-related risks and opportunities. The new funds incorporate climate-focused investment criteria, including targeted reductions in portfolio carbon footprint…

Climate research provider and environmental disclosure platform CDP announced today a new significant investment by private equity firm Permira, and a major restructuring, which will see the organization split into two related units, including a commercial entity which will continue providing environmental data and disclosure services, and a charitable entity focused on driving strategic principles for disclosure. Founded in 2000,…

The Science Based Targets initiative (SBTi) announced the release of Corporate Net-Zero Standard Version 2.0, its long-awaited update to its flagship standard to assess, certify and track companies’ decarbonization commitments and to support science-based climate target setting. Among the key changes introduced with the new standard is the use of a “best-efforts” framework, enabling companies to remain in compliance with…

Japan-based leasing and asset-finance company Mitsubishi HC Capital and global investment firm Brookfield Asset Management announced the launch of a new joint venture for a privately held renewable energy company, designed to acquire and operate a diversified portfolio of contracted, operating renewable energy assets across Europe. The seed portfolio of the new company comprises approximately 570 MW of installed capacity,…

Private markets investor Ardian announced the launch of Averrhoa NBS, a new nature-based solutions (NBS) fund aimed at supporting the development and scaling of projects focused on the preservation and restoration of natural ecosystems, and reducing 85 million tons of carbon over 40 years. Ardian’s new fund is being launched alongside the creation of a new NBS partnership with Societe…

American Airlines and Google announced a new agreement for the purchase of sustainable aviation fuel certificates (SAFc) representing 35 million gallons (132 million liters of SAF over three years. The deal marks the largest announced SAF agreement to date between an airline and a corporate end-user, according to the companies, and will enable the reduction of nearly 300,000 metric tons…

Airbus, engineering and technology company Technip Energies, aerospace group Safran, and bioethanol producer Tereos announced an agreement to launch a new joint venture to develop a large-scale Sustainable Aviation Fuel (SAF) production project at the Port of Dunkirk, in Northern France. According to the companies, the new partnership will develop production capacity of 160,000 tons of SAF per year, making…

Germany-based sustainability software company osapiens and recycling-focused services provider GreenDot announced the launch of a new partnership aimed at deploying an AI‑powered Extended Producer Responsibility (EPR) solution to enable companies to meet the data needs required to comply with new EU packaging regulations. Announced at osapiens’ “sos.26 Summit,” the new solution follows the adoption by the EU of the Packaging…