Guest post by: Emma Miller, Senior Director for Sustainability and Social Impact at Xylem As the U.S. water sector faces the challenges of aging infrastructure, worsening drought, contamination, and millions lacking clean water, an urgent need has emerged for a dedicated financing solution. The standard instrument used for funding environmental projects — green bonds — permit water projects but don’t…
Zurich-based Carbon removal solutions provider Climeworks announced that its carbon dioxide removal (CDR) portfolio service, Climeworks Solutions, has signed 14 new carbon removal deals in the first half of 2026, totaling 450,000 tons of CDR across a range of technologies. Founded in 2009 by Christoph Gebald and Jan Wurzbacher, Zurich-based Climeworks provides companies with carbon removal solutions, including its own…
Apparel retail company Gap Inc. announced the appointment of Jeffrey Hogue as its new Chief Sustainability Officer. Hogue joins Gap from Levi Strauss, where he has served as Chief Sustainability Officer since 2020. Prior to joining Levi Strauss, he served as Chief Sustainability Officer for fashion retailer C&A, and as Senior Director of Global Corporate Social Responsibility (CSR) and Sustainability…
Google and energy storage startup Energy Dome announced an agreement to construct a 23 MW/200 MWh energy storage plant in Ireland, marking the first commercial project under the companies’ strategic partnership aimed at scaling Energy Dome’s CO2 Battery technology globally. The new project will be developed at a former thermal power station near Rhode, Ireland, and forms part of a…
Investment data and research provider MSCI announced on Wednesday the acquisition of climate risk financial modelling provider First Street, with the transaction aimed at enhancing MSCI’s global physical climate risk capabilities. Under the terms of the transaction, MSCI will pay $120 million in cash for First Street upon closing, with the potential for additional cash payments during the first two…
The European Council announced an agreement by EU member states on its negotiating position on proposed changes to the Sustainable Finance Disclosure Regulation (SFDR), the EU’s key legislation setting out how financial market participants have to disclose sustainability information, and aimed at helping investors to more easily identify and compare sustainability-focused investment products and invest in line with their sustainability…
Retail giant Walmart announced that it has signed long-term nuclear power purchase agreement (PPA) with energy provider Constellation Energy for the production of approximately 176 MW of emissions-free electricity from Constellation’s Dresden Clean Energy Center in Illinois. Under the agreement, which consists of two 15-year contracts beginning in 2029 and 2030, Walmart will purchase electricity, capacity, and associated environmental attributes from…
Swedish green iron and steel maker Stegra announced that it has closed a €1.4 billion (USD$1.6 billion) financing round, enabling the company to complete the construction of the world’s first large-scale green steel plant in Boden, Sweden. The completion of the financing will provide a major lifeline to the project, which had slowed development pending the outcome of the financing…
Amazon announced that it has become water positive in India, achieving its goal of returning more water to communities than it consumes across its direct operations, including data centers, corporate offices, and fulfillment centers, one year ahead its 2027 goal. The announcement comes as Amazon continues to expand its presence in India, where the company has committed to invest more…