Female financial services professionals earn on average nearly $40,000 (£29,494) less than their male counterparts, according to eFinancialCareers’ latest Compensation Report. The report, which surveyed 2,600 financial services professionals, found the average base salary for men in UK financial services was $172,474 in the 2025 financial year. By contrast, women earned $133,047 over the same period, a gap of nearly…
EU Approves €5 Billion German and Czech Carbon Removal, Green Fuel Plans
The European Commission announced on Tuesday the approval of a series of climate-focused state aid schemes, including a €1.3 billion plan by Germany to reduce greenhouse gas emissions by increasing carbon storage in peatlands, and a €3.7 billion Czech program to increase sustainable biomethane production. According to the Commission, the draining of peatlands, which are currently used for agriculture and…
Envision Secures $500 Million Financing with BBVA to Expand Green Energy Tech Platform
Green technology provider Envision Energy announced that it has secured a $500 million vendor financing agreement with Spanish bank BBVA, aimed at accelerating its renewable energy projects across Europe, Asia and Latin America. Founded in 2007, Shanghai-based Envision provides renewable energy system solutions for global enterprises, governments and institutions, focusing on areas including smart wind turbines, energy storage and green…
Ahold Delhaize to Introduce Product Carbon Footprinting
Netherlands-based international food retailer Ahold Delhaize announced that it will implement Product Carbon Footprint (PCF) capabilities, aimed at enabling the company to track, measure, and address emissions of the products that it sells. According to Ahold Delhaize, the announcement comes as approximately 95% of the firm’s reported greenhouse gas footprint sits in its value chain (Scope 3), with 80% linked…
ISO, GHG Protocol Launch Working Group to Develop Unified Product-Level GHG Accounting Standard
Standards-setting organizations the International Organization for Standardization (ISO) and Greenhouse Gas Protocol (GHG Protocol) announced the finalization of a new Joint Working Group (JWG) for the development of an updated and harmonized product-level GHG accounting standard. The formation of the new working group follows the launch last year of a strategic partnership between ISO and GHG Protocol, aimed at unifying the…
Microsoft Says Its Carbon Removal Program “Has Not Ended”
Microsoft confirmed in a statement today that its carbon removal program will continue to form part of its strategy to achieve its climate goals, while it “may adjust the pace or volume of our carbon removal procurement,” countering speculation that the tech giant was halting the program. In the statement provided to ESG Today, Microsoft Chief Sustainability Officer Melanie Nakagawa said:…
Makersite Acquires Product Carbon Footprint Platform SiGREEN from Siemens
Supply chain data company Makersite announced today the acquisition of SiGREEN, Siemens’ product carbon footprint (PCF) and supply chain data exchange platform, aimed at expanding the company’s product carbon footprint and Scope 3 capabilities. SiGREEN is a digital platform developed by Siemens to enable the collection, management and exchange of product carbon footprint data between companies and their suppliers globally….
Stegra Secures $1.7 Billion Financing to Rescue Green Steel Project
Swedish green iron and steel maker Stegra announced a new €1.4 billion financing round, securing the funds necessary to complete the construction of the world’s first large-scale green steel plant in Boden, Sweden. Construction on the project had slowed, pending the outcome of the financing process The financing round is being led by a €250 million equity investment by Sweden’s…
Triodos IM, Fondaction Launch New €300 Million Natural Capital Fund
Impact investment management firms Triodos Investment Management and Fondaction Asset Management (FAM) announced the launch of Value Nature Fund I, a new closed-end natural capital fund aimed at transitioning farmland and forests to regenerative, closer-to-nature practices across North America and Europe. The new fund is being launched with a C$25 million (USD$18 million) commitment from Fondation, and a €300 million…
Rolls-Royce Signs Deal with UK to for First Fleet of Small Modular Nuclear Reactors
Rolls-Royce SMR, a small modular nuclear reactor developer majority-owned by Rolls-Royce, announced that it has signed a contract with UK-backed publicly-owned Great British Energy – Nuclear (GBE-N) for the delivery of the UK’s first Small Modular Reactors (SMRs). The new contract follows the selection of Rolls-Royce in June 2025 as the preferred technology partner for the UK’s first SMR projects,…