Battery technology company Coreshell announced that it has raised $24 million to help scale production to meet growing demand for its fast-charging, U.S.-produced silicon-based batteries for electric vehicles. Founded in 2017, California-based Coreshell makes batteries from a natural and widely available form of silicon. The company’s technology enables batteries to use metallurgical silicon anodes, which enable energy storage at a…
London-based assurance services provider LRQA announced that it has acquired energy transition-focused consulting, auditing and advisory firm EcoEngineers. Founded in 2009, Iowa-based EcoEngineers was initially founded to steer low-carbon fuel producers through the complexities of emerging energy regulations in the U.S. The firm now advises businesses across the energy transition, providing expertise in areas including low-carbon production, climate regulations, carbon…
Investment giant BlackRock announced a series of changes to its sustainable fund lineup ahead of the implementation of new fund naming guidelines by EU markets regulator the European Securities and Markets Authority (ESMA), according to a letter to BlackRock clients seen by ESG Today. BlackRock’s platform includes more than 500 sustainable and transition investment strategies, and the firm manages over…
The Science Based Targets initiative (SBTi), one of the key organizations focused on aligning corporate environmental sustainability action with the global goals of limiting climate change, announced the release of the initial draft of the Corporate Net-Zero Standard V2, the proposed update to its key standard to assess, certify and track companies’ decarbonization commitments to achieve net zero emissions and…
The transition to renewable energy is essential in combating climate change, but it is neither simple nor without consequences. While many assume that reaching a critical tipping point will trigger a seamless shift to renewables, this belief overlooks the substantial environmental, social, and governance (ESG) challenges embedded in this transition. This is because setting up and maintaining renewable infrastructure demands…
Private debt asset management firm Arcmont Asset Management announced the launch of a new Impact Lending Strategy, aimed at providing debt financing to companies whose products and services address environmental and social challenges. The new strategy is being rolled out with two mandates, totaling €475 million (USD$518 million) already secured, from global pension asset manager APG, and pension, insurance and…