Support across majority of political spectrum suggests that MEPs are open to reaching compromise on EC’s omnibus proposal. Members of European Parliament (MEPs) have overwhelmingly voted in favour of the European Commission’s (EC) ‘stop-the-clock’ proposal as part its omnibus agenda, which will see application of the bloc’s flagship sustainability directives postponed. The Parliament comprises eight parties, which collectively hold 720…
EU Parliament Strongly Backs CSRD, CSDDD Delay
Support across majority of political spectrum suggests that MEPs are open to reaching compromise on EC’s omnibus proposal. Members of European Parliament (MEPs) have overwhelmingly voted in favour of the European Commission’s (EC) ‘stop-the-clock’ proposal as part its omnibus agenda, which will see application of the bloc’s flagship sustainability directives postponed. The Parliament comprises eight parties, which collectively hold 720…
AIP Invests $500 Million in U.S. Clean Energy Producer Silicon Ranch
Denmark-based energy and decarbonization infrastructure investor AIP Management announced a $500 million investment in U.S.-based renewable energy, carbon, and battery storage solutions provider Silicon Ranch. Founded in 2011, Nashville, Tennessee-based Silicon Ranch is one of the largest independent power producers (IPP) in the U.S., with a solar and battery storage system portfolio encompassing 3.6 GW of operating capacity and 3.7…
EcoVadis Appoints Dexter Galvin as “Climate Ambassador” to Accelerate Supply Chain Decarbonization
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:…
TotalEnergies Acquires Renewable Energy Portfolios in Europe, Africa and Canada
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…
Microsoft Signs Deal to Remove Carbon, Fund Research into Impact of Enhanced Rock Weathering
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…
Aviva’s Scope 3 Ambitions
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…
Mirova, Robeco Launch Platform to Compare Decarbonization Impact of Climate Solutions
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…
Bloom Biorenewables Raises $15 Million to Produce Sustainable Materials from Plants
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…