J.P. Morgan Asset Management’s timberland investment advisory company Campbell Global announced that it has raised $1.5 billion at the close of its responsible forest management-focused Forest & Climate Solutions Fund II. The fund significantly exceeded its initial $1 billion fundraising target, and the firm added that it also closed several separate account mandates, bringing the total capital raise for its…
Viking Cruises announced plans to introduce the world’s first hydrogen-powered cruise ship, capable of operating with zero emissions. The ship, the Viking Libra, is being built by Italian shipbuilder Fincantieri at its Ancona shipyard, and is scheduled for delivery in late 2026. Switzerland-based Viking conducts ocean, lake and river cruises throughout the world. Viking said that the Libra, with 499…
Building optimization and sustainability platform Adapatis announced that it has raised $4 million in a seed funding round, with proceeds aimed at supporting the company in scaling its platform across the U.S. and Canada. Founded in 2022, Toronto-based Adaptis provides solutions for building owners and operators to simplify complex real estate capital planning and sustainability decisions. The company offers an…
Sustainability data and technology company ESG Book announced today the launch of LEO, a new sustainability data sourcing and reporting platform, developed in partnership with Boston Consulting Group (BCG). According to ESG Book, the new solution is aimed at streamlining data sourcing and reporting, addressing challenges facing companies and financial institutions in meeting sustainability due diligence and disclosure requirements, particularly…
President Trump announced the signing of a new executive order, “Protecting American Energy from State Overreach,” aimed at shielding energy companies from a series of State laws setting fines for their contributions to greenhouse gas emissions. The executive order forms part of President Trump’s initiatives to “unleash American energy,” and to reverse the prior Biden administration’s focus on addressing climate…
Germany’s conservative CDU and CSU parties and the center-left SPD announced a deal for the formation of a new government, and released a coalition agreement that includes the immediate elimination of Germany’s human rights and environmental supply chain due diligence law, the Supply Chain Act (LkSG). The agreement says that the LkSG will be replaced with the EU’s new Corporate…