American Express Global Business Travel (Amex GBT) and Shell Aviation announced a new long-term long-term deal with Google, extending their current agreement to source sustainable aviation fuel (SAF) environmental attribute information through the SAF registry Avelia. Launched in 2022, the Avelia program utilizes a book-and-claim model, enabling business travelers to pay for SAF and claim the environmental benefits, even if…

French energy giant TotalEnergies said that it “cannot formulate “Net Zero” targets” that align with European reporting standards, due to its inability to adopt a transition plan compatible with a warming trajectory of 1.5°C by 2050, which the company said is not feasible based on current scientific consensus. In the company’s 2026 Sustainability & Climate Report, discussing the company’s energy…

Nature-based solutions company Living Carbon announced today that it has signed a new set of carbon removal offtake agreements with Google, Meta and McKinsey, with the companies contracting over 130,000 tonnes of carbon removal sourced from U.S.-based reforestation projects. The agreements were made through the Symbiosis Coalition, an advance market commitment (AMC) collaboration launched in 2024 by Google, Meta, Microsoft,…

Climate solutions provider ClimeFi announced that it has structured the first publicly announced transaction for carbon removal units aligned with the CRCF framework, the new EU standard for certification of carbon removal projects. Under the new transaction, Nasdaq and financial technology platform Adyen will receive CRCF-aligned carbon removal units from Beccs Stockholm, a bioenergy with carbon capture and storage (BioCCS)…

Environmental and energy data analytics company Kayrros announced today the launch of its Nature Impact Platform, designed to enable financial institutions to measure biodiversity risks and environmental impacts at the asset level and reduce biodiversity loss. Founded in 2016, Paris-based Kayrros develops environmental intelligence platforms that help financial institutions, corporates, governments and traders monitor activity such as emissions, energy production…

The Global Reporting Initiative (GRI) announced today the release of a series of new exposure drafts aimed at expanding and strengthening corporate reporting on pollution impacts and management, covering disclosure on topics including air and soil pollution, as well as critical incidents such as oil spills. GRI Sustainability Reporting Standards are one of the most commonly accepted global standards for…

Beauty and Health sector-focused sustainability data startup Fairglow announced today that it has raised €3 million (USD$3.5 million) in a seed funding round, with proceeds aimed at commercializing its software platform to help cosmetics companies measure, manage, and reduce product-level environmental impacts. Founded in 2023, France-based Fairglow provides a SaaS platform designed to enble cosmetics and health companies to measure,…

Guest post by: Toby Newman, CEO, Secaro What’s changed? The motivation for businesses to decarbonize supply chains has fundamentally shifted. Initially driven by values and customer pressure, there was a surge in net-zero pledges in 2020 and 2021. According to figures from the Science Based Target Initiative (SBTi), 727 companies had committed to setting net-zero targets by the end of 2021. And this was a…

This week in ESG news: Trump admin pays TotalEnergies $1 billion to stop building offshore wind projects in U.S.; Germany launches 2030 climate action plan; H&M sets science-based nature targets; India adopts cautious 2035 climate, clean energy goals; EFRAG to discuss voluntary sustainability reporting with large companies taken out of CSRD scope; New York governor looks to push back “unattainable”…

The government of India unveiled its new interim climate goals, including new approved targets to reduce economy-wide emissions intensity by 47% and to achieve 60% of electric power capacity from non-fossil-based sources by 2035. While the government said that the new targets were aligned with India’s long-term climate goal to reach net zero by 2070, environmental groups criticized the targets…