Business sustainability ratings and solutions provider EcoVadis announced the appointment of former CDP Chief Commercial and Partnerships Officer Dexter Galvin as its new Climate Ambassador. In his new role, Galvin will be responsible for working with the company’s partners and customers to decarbonize supply chains, and representing EcoVadis at leading climate forums. Pierre-Francois Thaler, Co-Founder and Co-CEO at EcoVadis said:…

France-based energy giant TotalEnergies announced a series of renewable energy transactions, including the closing of three acquisitions in Europe, Africa and Canada, and a new 800 MW wind and solar acquisition in Canada. The deals form part TotalEnergies’ efforts to boost clean energy capacity, and ultimately achieve its goal of reaching net zero by 2050, with the company targeting an…

Enhanced rock weathering (ERW) startup Terradot announced a new agreement with Microsoft for the purchase of 12,000 tons of carbon removal between 2026 – 2029 from its new ERW projects in Brazil, and helping to fund research into the impact of ERW carbon removal. Founded in 2022, Terradot provides a carbon removal solution based on transforming the natural process of…

The insurer wants to fully decarbonise its supply chain by 2040, says Chief Sustainability Officer Claudine Blamey. This could be a challenging task.  In its first climate transition plan, published in 2022, British multinational insurance company Aviva said it wanted to abate its own carbon emissions and those of its suppliers by 2030.  Three years on and the insurer’s second…

Asset managers Mirova, Robeco, and Edmond de Rothschild AM and sustainability-focused consulting firms I Care by BearingPoint and BCG’s Quantis announced today the launch of the Avoided Emissions Platform (AEP), a new tool aimed at enabling investors and companies to assess and compare the decarbonization impact of different climate solutions. According to the companies, the new platform comes to address…

Switzerland-based sustainable materials startup Bloom Biorenewables announced that it has raised CHF 13 million (USD$15 million) in a series A funding round, with proceeds aimed at advancing the development of the company’s technology to convert plant material into chemicals, industrial inputs and fuel. Established in 2019, the Bloom Biorenewables transforms natural materials found in biomass to create an alternative to…

ISS ESG, the sustainable investment-focused arm of ISS STOXX, announced today the launch of Sustainability Bond Rating, a new rating system aimed at providing investors with sustainability impact and risk assessment for corporate and sovereign green, social, sustainability, and sustainability-linked (GSSS+) bonds. According to ISS ESG, the new rating considers the sustainability impact and risk of the bonds’ issuers, as…

The International Air Transport Association (IATA) announced today the launch of the Sustainable Aviation Fuel (SAF) Registry, a new tool aimed at facilitating a global market for sustainable aviation fuel by tracking SAF transactions and environmental benefits, and connecting buyers and sellers. Fuel accounts for the vast majority of the aviation sector’s emissions. Generally produced from sustainable resources, like waste…

Áine Clarke, Head of KnowTheChain and Investor Strategy at the Business & Human Rights Resource Centre, explains how investors can clean up supply chains. The information and communication technology (ICT) sector fuels modern economic growth, driving advancements in AI, 5G mobile connectivity, electric vehicles and renewable energy. Its innovation potential and perceived sustainability credentials have drawn ESG investors seeking strong…