Energy technology and manufacturing company Form Energy announced that it has raised $750 million in a Series G funding round, with proceeds aimed at scaling the company’s production and deployment capacity for its 100-hour iron-air battery systems. Founded in 2017, Somerville, Massachusetts-based Form Energy develops and manufactures iron-air batteries designed to provide multi-day energy storage for the electric grid. The…
Guest post by: Kohei Nishiwada, Founder & CEO, ASUENE California just gave companies a three-month respite on mandatory emissions reporting. The California Air Resources Board (CARB) has framed the extension as a chance to clarify requirements before companies submit under it and has signaled it won’t penalize good-faith efforts in this first reporting year. That leniency won’t last indefinitely: CARB…
Water-tech startup Crew Carbon announced today that it has signed an offtake agreement with Microsoft for the delivery of up to 23,602 carbon removal units (CRUs) from the company’s wastewater alkalinity enhancement (WAE) technology. Launched in 2022 as a Yale University spinout, Connecticut-based Crew Carbon develops carbon removal technology that integrates into wastewater treatment facilities to accelerate mineral weathering processes…
American Airlines and low-carbon synthetic fuels provider Infinium announced the completion of the first ever commercial flight in the U.S. – from Christi Corpus to Dallas-Fort Worth – using electro-sustainable aviation fuel (eSAF), demonstrating the real-world deployment of next-generation, drop-in SAF. Founded in 2020, California-based Infinium produces synthetic fuels, or eFuels, using renewable power and waste carbon dioxide, avoiding the…
Professional services provider PwC and the Partnership for Carbon Accounting Financials (PCAF) announced a new partnership aimed at supporting banks and investors to measure and report financed emissions, with PwC becoming a global partner under PCAF’s Accredited Partner program. The PCAF is a global partnership of financial institutions, launched globally in 2019 with a mission to develop and implement a…
Sustainability reporting software provider Novisto announced the launch of Novisto Materiality, a new digital solution aimed at enabling companies to conduct double materiality assessments to meet new compliance obligations and to identify and address their most significant sustainability-related impacts, risks and opportunities. “Double materiality” is one of the hallmark new approaches introduced by the EU’s Corporate Sustainability Reporting Directive’s (CSRD)…
New packaging regulations in the EU are entering into application on Wednesday, kicking off a series of rules to be rolled out over the next few years The first new requirements under the EU’s revised Packaging and Packaging Waste Regulation (PPWR) are entering into application on Wednesday, kicking off a series of rules under the regulation to be rolled out…
Global cruise company Carnival Corporation announced a new climate target to reduce greenhouse gas (GHG) emissions intensity by 25% by 2029, on a 2019 basis, increasing and accelerating from its prior 20% by 2030 goal, after achieving it five years early. According to the company, as detailed in its newly published 2025 Sustainability Report, the progress has been driven by a…