As I flipped through childhood photos taken more than 20 years ago, my eyes landed on an old air conditioner in the background, still functional, quietly outliving the promises of today’s throwaway technology. It was a silent reminder of an era when durability mattered, when things were built to last. Believe it or not, there was a time when engineering…
Google Signs 600 MW Solar Agreement in U.S. to Help Power Data Centers
Renewable energy project developer energyRe announced a new agreement with Google, enabling the tech giant to purchase Renewable Energy Credits (RECs) from a portfolio of more than 600 MW of new solar and solar with storage projects being developed by energyRe in South Carolina. The announcement marks the second agreement between the Google and energyRe, bringing the new U.S. clean…
La Banque Postale Launches ESG-Focused Offerings Across its Entire Savings Portfolio
Paris-based banking services provider La Banque Postale announced the launch of a new ESG-focused approach to its financial savings products, aimed at enabling customers to select savings products according to their sustainability criteria and preferences. The new ESG approach covers the entire scope of La Banque Postale’s financial savings products, which spans areas including ordinary securities accounts, life insurance, and…
ESG Today: Week in Review
This week in ESG news: European Central Bank warns against watering down EU sustainability reporting rules; CDP restructures, aims to reduce sustainability reporting burden for companies; Shell faces new legal action over new oil & gas projects; Germany’s Merz looks to scrap EU sustainability due diligence law; Microsoft signs carbon credit mega-deal; L’Oréal to invest €100 million in sustainability innovations;…
TrusTrace Launches AI-Powered Supply Chain Sustainability Traceability Platform
Supply chain traceability solutions provider TrusTrace announced a major upgrade to its platform, utilizing AI data to enable companies to collect, centralize and analyze supply chain and traceability data. Founded in 2016, Stockholm, Sweden-based TrusTrace offers a platform for supply chain traceability and compliance, enabling brands and suppliers to standardize how supply chain and material traceability data is captured, digitized,…
California Plans to Proceed with Carbon Cap-and-Invest Program Despite Pressure from Trump
California Governor Gavin Newsom released a revised proposal for the 2025-2026 state budget, containing plans to extend the state’s “Cap-and-Invest” program, requiring major emitters to purchase allowances for carbon emissions above a declining cap, through 2045. According to the budget proposal, the Cap-and-Invest program, which was set to expire in 2030, is anticipated to result in a continuation of the…
CBRE IM Invests in Large-Scale Battery Storage Portfolio in Texas and California
ENGIE North America announced an investment by CBRE Investment Management in a portfolio of battery storage assets in Texas and California, in one of the largest battery storage financing transactions to date. Energy storage forms one of the key building blocks for the rapidly expanding clean energy transition, given the intermittent generating nature of many sources of renewable energy, such as wind and…
JPMorgan Backs Mati Carbon to Scale ERW Carbon Removal Business
Enhanced rock weathering (ERW) startup Mati Carbon announced that it has secured a new blended finance facility from J.P. Morgan, with proceeds from the financing aimed at enabling the company to scale its carbon removal business globally. The new financing follows a $50 million award to Mati Carbon as the grand prize winner of the XPRIZE Carbon Removal competition. The…