Global trading and investment company Mitsui & Co. and Nike, announced the signing of a new virtual power purchase agreement (VPPA) in Japan, to supply renewable energy certificates generated from domestic solar power plants. According to the companies, the new agreements will enable Nike Japan to source 100% of its electricity needs across its distribution centers, stores, and offices from…
Italian energy company Enel announced the launch of its new 2026-2028 Strategic Plan, which includes plans to dramatically increase investment in renewable energy over the next three years. Under the new plan, Enel said that it aims to invest approximately €53 billion (USD$63 billion) through 2028 – up by around €10 billion compared with the company’s prior 2023-2025 strategic plan…
The Securities and Exchange Board of India (SEBI) announced that it has launched a new working group to review of the regulatory framework governing ESG Rating Providers. The new review follows the release by SEBI in 2021 of its “Master Circular for ESG Rating Providers,” which effectively brought ESG ratings providers into the SEBI’s regulatory framework for credit ratings agencies. The…
Logistics giant DHL Group’s air and ocean freight business DHL Global Forwarding announced today the launch of its new GoGreen Plus Portfolio, offering shippers a suite of decarbonization-focused products, including a new industry-first offering a 10% emissions reduction at a flat rate across markets, shipment types, and routes. DHL’s GoGreen service provides shippers with the option of climate-neutral shipping through…
Big tech dominated the corporate clean energy purchase market over the past year, with Amazon, Meta, Google and Microsoft accounting for around half (49%) of all clean power purchase agreement (PPA) volumes globally in 2025 as they look to meet the energy demands of rapidly growing AI infrastructure, while other corporate buyers pulled back significantly during the year, according to a…
Volkswagen-owned luxury carmaker Bentley Motors announced a new commitment to use 100% sustainable aviation fuel for all customer car airfreight shipments globally, effective immediately, which the company said will enable it to significantly reduce emissions associated with air transport while maintaining high levels of customer service. According to the company, the new commitment will support its “Beyond100+” sustainability strategy, which…
This week in ESG news: New York Senate passes bill mandating GHG emissions reporting for large companies; Microsoft hits 100% clean energy milestone; ECB fines Crédit Agricole for not meeting climate risk expectations; EY introduces new framework to help companies embed sustainability across the enterprise; ISO launches new climate adaptation standard; 10 U.S. states warn companies against participating in environmental…
Nature-based solutions platform hummingbirds announced that it has raised €50 million (USD$59 million) in a Series A financing round, with proceeds aimed at scaling its conservation and ecosystem restoration-focused carbon projects. Founded by travel firm Voyage Privé in 2022, French-based hummingbirds develops projects globally designed to remove carbon emissions and protect biodiversity through community-driven conservation, ecosystem restoration and sustainable land…
Sustainable aviation fuel (SAF) technology and production company LanzaJet announced that it has raised $47 million, including the first close of a new equity financing round and a UK grant, with proceeds aimed at expanding the commercial deployment of its technology to turn waste-based ethanol into low carbon jet fuel. The new funding round, valuing LanzaJet (pre-money) at a $650…