The European Investment Bank (EIB) announced today that it will provide €17.5 billion in funding over the next three years, supported by the European Commission, for the energy efficiency for small and medium-sized enterprises (SMEs) initiative. The EIB said that more than 350,000 businesses will receive support through the initiative, with the program backing energy efficiency and decarbonization steps taken…

Investment manager Vanguard released data from its Investor Choice proxy voting pilot, with results indicating that younger investors and female investors were much more likely to pursue ESG-focused voting policies than their older, or male counterparts. Vanguard launched its Investor Choice pilot in early 2023, offering investors with the ability to select from a range of policy options to meet…

International asset manager Robeco announced the launch of the Climate Euro Government Bond ETF, a new exchange traded fund aimed at offering investors with exposure to euro government bonds through a climate transition-focused investment strategy. The announcement marks the launch of Robeco’s first fixed income ETF, following the listing in October 2024 of the firm’s equity ETFs. The new ETF…

The U.S. Securities and Exchange Commission (SEC) may reconsider its rules allowing foreign companies to file financial statements using International Financial Reporting Standards (IFRS) accounting standards due to the IFRS Foundation’s formation and backing of the International Sustainability Standards Board (ISSB), according to a warning issued by SEC Chair Paul Atkins on Wednesday. The remarks, made during Atkins’ keynote address…

By: Rachael Bratt, Senior Consultant, Climate Risk – EcoAct, part of Schneider Electric Many of us learned the basics of water stewardship early on – don’t leave the tap running, have a shower rather than a bath. Don’t waste what is essential. But somewhere along the path to industrial scale, that principle faded from view. In business, water is invisible:…

Venture capital fund Una Terra announced that it has raised €50 million (USD$54.5 million) for its Circular Economy Growth Fund, aimed at investing in and scaling companies providing technologies to transform industries with circular models to eliminate waste and reduce greenhouse gas emissions. Founded in 2021, Una Terra invests in growth-stage technology-led companies in Europe, the Middle East and North…

Based on an interview with Alex Bexon, LDC (the private equity arm of Lloyds Banking Group).

Cleantech startup Nitricity announced today that it has raised $50 million in a Series B funding round, with proceeds aimed at scaling up its technology for the production of organic, low-emission nitrogen fertilizer. Production and use of nitrogen fertilizers account for approximately 5% of global greenhouse gas (GHG) emissions, and also contributed to waterway toxicity and biodiversity loss, according to…

Digital workflow company ServiceNow and sustainability risk management tech company Socialsuite announced the launch of a new combined solution aimed at helping companies to integrate their sustainability and risk management capabilities using AI and software and meet ESG reporting compliance requirements. The new integrated solution follows the launch earlier this year by SocialSuite a new software platform aimed at helping…

Sustainability certification provider Planet Mark announced today the appointment of Avital Johanan as Managing Director, taking leadership of the business as it accelerates its focus on supply chain sustainability. Johanan takes on the position from Planet Mark founder Steve Malkin, who will be assuming a new role as Founder and Senior Advisor. Founded in 2013, London-based Planet Mark provides sustainability…