A significant majority of executives report that have a strong understanding of their companies’ sustainability strategies, yet fewer than one in five companies currently use robust methodologies to quantify the financial impact of sustainability on value creation and future performance, according to a new survey released by professional services firm KPMG. According to KPMG, the survey findings indicate a significant…
Brookfield Asset Management and fuel cell technology provider Bloom Energy announced a major expansion in their partnership, with Brookfield committing $25 billion to finance the deployment of Bloom’s fuel cell technology to support the power needs of AI infrastructure globally. The investment marks a fivefold increase from the companies’ initial agreement in October 2025 and forms part of Brookfield’s AI…
Crédit Agricole CIB announced the launch of Smart Platform Assisted SustainablE (SPASE), a new AI-powered ESG-linked trade finance solution aimed at enabling companies to assess ESG performance across suppliers, products and trade flows. According to Crédit Agricole CIB, the new platform is Asia Pacific’s first ESG-linked trade finance solution, and comes as companies have indicated a need for increased transparency…
Climate research provider and environmental disclosure platform CDP announced the appointment of Beth Thoren as CEO of the CDP Foundation, the new charitable foundation focused on driving strategic principles for environmental disclosure. The appointment follows the announcement last month of a major restructuring of CDP, which will see the organization split into two related units, including a commercial entity backed by private equity firm Permira,…
Danish development finance institution Impact Fund Denmark announced the final close of SDG Fund II, securing DKK 5 billion (USD$760 million) in commitments for its blended finance fund focused on backing private-sector businesses advancing the UN Sustainable Development Goals (SDGs) in developing and emerging markets. Structured as a public-private partnership, with private investors contributing 60% of the fund’s capital and…
Paris-based sustainable infrastructure investment firm RGREEN INVEST announced that it has raised nearly €500 million (USD$570 million) at the final close of Infrabridge IV fund, the fourth vintage of its infrastructure debt strategy focused on supporting the energy transition in Europe. RGREEN INVEST launched its Infrabridge strategies in 2018, providing a range of funds supporting key players driving the energy…
Professional services firm PwC has appointed Lynne Baber as its new Global Sustainability Leader, leading the firm’s global sustainability strategy and sustainability practice. Baber will succeed Colm Kelly in the top sustainability role, following Kelly’s retirement from PwC after serving as Global Sustainability Leader since 2020. Baber takes on her new role after more than 2 decades at PwC, joining…
Google revealed that it achieved a 2% reduction in Scope 1 and 2 greenhouse gas emissions in 2025, despite experiencing a 37% increase in electricity consumption, with the company crediting its massive clean energy purchase program as a key factor in decoupling its energy use from emissions. Despite the Scope 1 and 2 achievements, however, in its new 2026 Environmental…
Alternative asset manager KKR announced the acquisition of EDF Group’s U.S. and Canadian power solutions businesses, in a transaction valued at $4.2 billion, with potential additional payments of up to $390 million, marking KKR’s largest individual investment to date in the renewables sector. EDF power solutions North America is among the top ten owners of renewable energy capacity in the…
Guest post by: Daniel Pike, Principal, RMI’s CDR Initiative Unless we do something about it, the world won’t be free of climate risk, even in the best-case scenarios of decarbonization: we’ve simply built up too much carbon in our atmosphere. To overcome decades of imbalance, we not only need to reduce current emissions, we need to embrace solutions that purify…