Two major trends have collided in President Trump’s return to the White House. In his first day in office, Trump declared a “national energy emergency“ which aims to reward Big Oil donors that backed his campaign by accelerating the drilling of fossil fuels in the U.S. at the expense of green energy initiatives favored by climate scientists and the prior…
Roche Sets Science-Based Net Zero Targets
Swiss pharmaceutical and biotechnology company Roche announced today that its long-term and short-term greenhouse gas (GHG) reduction targets have been validated by the Science Based Targets initiative (SBTi), as aligning with the 1.5 °C ambition of the Paris Agreement. Roche’s long-term goals include a target to achieve net zero emissions across its operations and value chain, including Scopes 1, 2…
Speeki Launches Sustainability Skills Training Platform
Sustainability management and reporting solutions provider Speeki announced the launch of “Speeki Academy,” a new platform aimed at offering training to professionals looking to gain ESG, sustainability and corporate responsibility-related skills. The new platform is being introduced as demand for sustainability-related skills is increasing globally as companies and countries globally begin to take action on implementing their climate and sustainability-related…
Goldman Sachs Sustainable Investing Team Acquires Water Management Solutions Provider Atlas-SSI
Goldman Sachs Alternatives announced the acquisition of Mississippi-based Atlas-SSI Holdings, which supplies water management and protection equipment for municipal water systems and industrial facilities. According to the companies, the acquisition will position Atlas-SSI to expand and meet increased demand for upgrading aging water infrastructure. Atlas-SSI‘s products include filtration systems, traveling water screens, EPA-compliant fish-friendly screens, trash rake systems to remove…
Frontier Signs Deal to Remove 100,000 Tonnes of Carbon Emissions from Garbage Incineration
Carbon removal buyer coalition Frontier announced that it has facilitated purchases of 100,000 tons of carbon removals to be generated between 2029 and 2030, through the abatement of emissions from a waste incineration plant owned by power and heat provider Hafslund Celsio. The agreement will support the first-ever retrofit of a waste-to-energy facility to deliver carbon removal, according to Frontier….
Unilever Acquires Sustainable Personal Care Products Brand Wild
Global consumer brands company Unilever announced that it has acquired Wild, a personal care brand focused on sustainable packaging and materials. Based in London, Wild was founded in 2020 by CEO Freddy Ward and CMO Charlie Bowes-Lyon, with an ambition of “making sustainable bathroom products mainstream,” according to a post by Bowes-Lyon. The company produces premium deodorants, lip balms, bodywashes…
Deutsche Bank’s DWS Fined $27 Million for Greenwashing
Deutsche Bank’s investment arm DWS has been fined €25 million (USD$27 million) over charges that it misled investors over its sustainable investing credentials, according to a statement released by the Frankfurt prosecutor’s office. In a statement following the announcement, DWS said that it has “acknowledged that in the past our marketing was sometimes exuberant,” and that the firm has already…