Battery storage startup Base Power announced that it has raised $200 million in Series B funding round to scale its distributed energy storage solution aimed at addressing grid instability challenges and higher energy cost issues from increasing electrification. Energy storage forms one of the key building blocks for the rapidly expanding clean energy transition, given the intermittent generating nature of…

International asset manager Robeco announced the launch of its new Biodiversity Traffic Light, a new tool aimed at enabling investors to identify corporate leaders and laggards on biodiversity and nature loss performance. According to a white paper released by Robeco alongside the launch of the Biodiversity Traffic Light, the launch of the new tool follows conversations with asset owners over…

Apple announced a series of environmental sustainability milestones, including revealing that it has surpassed a 60% reduction in greenhouse gas (GHG) emissions across the value chain from its 2015 baseline. The achievements were announced alongside the release of Apple’s annual Environmental Progress Report. The 60% milestone marks significant progress towards Apple’s goal, set by the company in 2020, to become…

This week in ESG news: SEC approves U.S.’ first sustainability-focused stock exchange; Microsoft signs record-breaking permanent carbon removal deals; Net-Zero Banking Alliance drops 1.5°C commitment; U.S. walks out on international shipping decarbonization agreement; GM’s new Chief Sustainability Officer; EU selects first industries for product ecodesign requirements; Trump halts work on massive New York renewable energy project; Oxy acquires another DAC…

The UK government announced the launch of a new consultation into a series of “integrity principles” for carbon and nature credits, aimed at helping to advance the development and growth of voluntary carbon and nature markets. The consultation comes as demand for carbon offset projects and related credits is expected to increase significantly over the next several years, with the…

The U.S. Department of the Interior announced an order to stop construction activities on the Empire Wind project, a large scale offshore wind project off the coast of New York, anticipated to power 500,000 homes with renewable energy. New York Governor Hochul said that she would fight the order “every step of the way.” In a social media announcing the…