The International Organization for Standardization (ISO) announced the launch of “ISO 32212, Sustainable finance — Net zero transition planning for financial institutions,” a new standard aimed at enabling banks, insurers, and investors to develop, maintain and integrate climate transition plans into their activities. According to ISO, the new standard is designed to provide a common framework for transition planning across…
France-based international risk management group Apave announced the acquisition of employee climate training business Climate School from insurance group AXA’s climate-focused unit, AXA Climate. The acquisition follows Apave’s launch earlier this year of Apave Impact, a new sustainability-focused subsidiary, focused on providing services aimed at supporting the responsible transition of companies and organizations across France, Europe, and internationally. Apave said…
Northern Europe-based financial services company Nordea announced that it has met or exceeded its key 2025 climate-focused finance and investment targets, and also facilitated €235 billion in sustainable financing between 2022 and 2025, significantly beating its €200 billion goal. Nordea also revealed significant progress towards its financed emissions goals, announcing that it reduced financed emissions by the end of 2025…
AI-powered industrial automation startup Gigaton announced that it has raised $26 million in a Series A funding round, with proceeds from the financing to be used to support a significant buildout of its automation technology for its mission “to remove gigatons of CO2 from energy-intensive industries.” Founded in 2020, and recently rebranded from Carbon Re, UK-based Gigaton provides AI-powered autonomous…
Food supply chain technology company Freshflow announced today that it has raised $10 million in a Series A funding round, with proceeds from the financing aimed at supporting the expansion of its AI-powered inventory management platform designed to reduce food waste in grocery retail operations. According to the company, most grocery forecasting systems were originally developed for canned and packaged…
Goldman Sachs Alternatives announced that it has raised over $3 billion at the first close of West Street Infrastructure Partners V (WSIP V), the fifth vintage of its flagship infrastructure fund series, targeting investments across key themes including Energy Transition, Digital Infrastructure, Transportation & Logistics, and Circular Economy. The close brings the fund three quarters of the way to its…
Distributed energy resource (DER) platform Voltus and Google announced a new three-year agreement with Google, aimed at unlocking unlock up to 100 MW of new electricity capacity from flexible distributed energy resources in the PJM grid region to support grid reliability and meet growing data center power demand. Founded in 2016, San Francisco-based Voltus operates a distributed energy resource (DER)…
Canadian Parliament member and former Minister of Environment and Climate Change Steven Guilbeault announced plans to resign from the government, citing Canada’s backtracking on its climate commitments under Prime Minister Mark Carney. In a television interview following his announcement, Guilbeault said that the federal government’s recent deal with Alberta, Canada’s largest oil-producing province, enabling the construction of a new pipeline…
Global professional services firm Deloitte has appointed Smruti Naik-Jones as Chief Sustainability Officer for its newly launched Europe, Middle East and Africa business, Deloitte EMEA. The new EMEA business, which officially launched this week, was initially announced in February 2026, bringing together 16 participating firms operating in more than 80 countries across the Europe, Middle East and Africa region, in…
Nairobi-based electric mobility platform Spiro announced that it has raised $215 million in an equity investment round, with the new financing to be used to scale its electric bike and battery-swapping infrastructure across Africa. Founded in 2019, Spiro provides electric transportation solutions, designed around swappable batteries, aimed at accelerating the electrification of mobility across Africa, as well as reducing carbon…