Industrial certification provider Isometric announced that it has raised $40 million in a Series A funding round, as the company seeks to extend its AI-powered certification platform, focused to date primarily on carbon markets, across the industrial economy. According to Isometric, the new funding comes as industrial sectors face growing complexity in certification and compliance processes, with AI, automation, and…
EU banking supervisor The European Banking Authority (EBA) announced the publication of its finalized draft Implementing Technical Standards (ITS) updating Pillar 3 disclosure requirements on ESG risks for banks, including significant simplification and streamlining of requirements for large banks, while for the first time extending the scope of ESG reporting requirements – in a proportionate manner – to all banks,…
Guest post by: Katie Martin, Director of Sustainability and Innovation, Avetta Today’s leaders face rising pressure to meet sustainability commitments while managing large amounts of data across increasingly complex supply chains. The challenge isn’t a lack of information, but the ability to turn that information into actionable insights by identifying risks early, understanding sustainability performance across supplier networks, and navigating…
Global truck manufacturer Daimler Truck and Munich-based hydrogen engine technology company KEYOU and announced today a new partnership to accelerate the commercialization of hydrogen-powered internal combustion engine (H2-ICE) trucks, with plans to launch the first vehicle under the new collaboration as soon as 2027. The partnership adds to Daimler’s dual strategy to decarbonize its vehicle portfolio, which focuses on both…
Communications and networking technology giant Cisco has appointed Colin Seward as its new Chief Sustainability Officer. Seward has been at Cisco for more than 25 years, joining the company in 2000, and has served as a variety of senior roles, including as CIO for EMEA, and as Global Lead for Cisco on Cisco, the company’s internal program in which it…
Dubai-based multinational logistics firm DP World announced today the launch of EcoRoute, a new suite of solutions aimed at helping businesses to build more efficient and lower-emissions supply chains. Key focus areas of the new solutions suite include network design, lower-carbon logistics solutions, emissions measurement and strategic partnerships. Ayla Bajwa, DP World Group Senior Vice President – Sustainability, said: “EcoRoute…
Billionaire Michael Bloomberg announced a new $285 million commitment to help clean energy industries scale up to meet rapidly growing power demand, with a focus on helping renewable energy industries to mature rapidly to compete with the political influence and financing and institutional capabilities of their fossil fuel counterparts. According to Bloomberg, the new commitment is targeted at assisting national…