London’s ‘risk-on’ reset places a premium on stewardship, as a light-touch approach to governance raises concerns for institutional investors. The great overhaul of the UK’s capital markets – considered to be the most extensive renovation in four decades – is continuing apace, with the aim of supporting the government’s economic growth agenda and enhancing London’s position as an international destination…
Want A Green Career?
While the current administration has prioritized fossil fuel expansion and rolled back federal climate policies, the global green transition continues to accelerate. In fact, the green job market is booming. Companies and investors are still riding the green career sustainability wave, creating new jobs and stronger demand for professionals with expertise in renewable energy and similar fields. Market forces, state-level…
Twelve Raises $83 Million to Transform Captured CO2 into Clean Fuels
Carbon transformation-focused cleantech company Twelve announced that it has raised $83 million in additional Series C funding, with proceeds aimed at supporting its projects to use captured CO2 to produce critical materials and fuels, such as sustainable aviation fuel (SAF). In September, the company announced that it had raised $645 million of capital in a mix of project equity, a…
TotalEnergies, Air Liquide Sign Deal to Decarbonize Refineries with Green Hydrogen
Energy company TotalEnergies announced a new agreement with industrial gases and services supplier Air Liquide, aimed at helping to decarbonize TotalEnergies’ refineries in Northern Europe with green hydrogen. The deal provides for the establishment of two projects, located in the Netherlands, that will produce and deliver some 45,000 tons of green hydrogen annually. TotalEnergies said that the projects will cut…
Mast Reforestation Raises $25 Million to Remove Carbon Emissions After Wildfires
Post-wildfire restoration company Mast Reforestation announced that it has raised $25 million in a Series B funding round, with proceeds aimed at scaling its expansion into Biomass Carbon Removal & Storage (BiCRS). Founded in 2016, Seattle-based Mast manages and finances reforestation projects after forests are destroyed in fires or other events, and the company has been specializing in carbon-financed reforestation…
TNFD Launches Platform to Upskill Professionals on Nature-related Reporting
The Taskforce on Nature-related Financial Disclosures (TNFD) announced the launch of a new capacity-building platform, aimed at upskilling professionals and businesses to help them identify, assess, report and act on nature-related issues. The TNFD was launched in 2021, building on the success of the Task Force on Climate-related Financial Disclosures (TCFD), to support organizations in reporting and acting on their nature-related…
Nestlé, Mars to Fund Incentives for Farmers to Cut Dairy Supply Chain Emissions
Food, beverage and snacking companies Nestlé and Mars announced new agreements with New Zealand-based dairy cooperative Fonterra, which will see the companies funding incentives to farmers to lower emissions, and reduce the climate footprint of their dairy supply chains. Both Nestlé and Mars have set targets to achieve net zero emissions across their value chains by 2050. Dairy products constitute…
IKEA Parent Company Releases Net Zero Transition Plan
IKEA parent INGKA Group announced the release of its Net Zero Transition Plan, outlining the company’s key actions and strategies for achieving its goals to reduce greenhouse gas (GHG) emissions across its value chain by 50% by 2030, and to reach net zero by 2050. The new transition plan sets out a detailed roadmap for Ingka Group, which operates 400…