Unlocking private finance flows to decarbonise European real estate requires increased alignment of metrics with regulation. Greater harmonisation of sustainability metrics is needed to scale private investment in the decarbonisation of Europe’s building stock, according to a group of industry bodies. The Aligning Real Estate Sustainability Indicators (ARESI) working group has published a white paper which aims to better align…
Terabase Raises $130 Million for Robotics Technology to Scale Deployment of Solar Power Plants
Solar technology company Terabase Energy announced that it has raised $130 million in a Series C financing round, with proceeds aimed at accelerating the deployment of its AI and robotics-assisted solutions to support the buildout of new solar power plants. Founded in 2019 and with funding totaling more than $200 million to date, California-based Terabase Energy provides technology aimed at…
Microsoft, CalSTRS Back $175 Million Natural Climate Solutions Strategy by Just Climate
Climate solutions-focused investment business Just Climate announced that it has raised $175 million for its Natural Climate Solutions strategy, aimed at directing capital to businesses focused on natural climate solutions to transform land use to achieve global net-zero and nature positive goals, while also delivering attractive returns. Investors backing the strategy include California State Teachers’ Retirement System (CalSTRS) as institutional…
Australia Court Fines Active Super A$10.5 Million for Greenwashing ESG Investing Claims
A federal court in Australia imposed a A$10.5 million (USD$6.7 million) penalty on superannuation fund Active Super trustee LGSS, after finding that the firm had engaged in greenwashing by continuing to invest in securities in areas that it had claimed to eliminate for environmental or social reasons. The ruling follows the filing of a suit in 2023 by Australia’s corporate,…
Overcoming the Biggest Hurdles in Proving the Financial Value of Sustainable Infrastructure
Many businesses recognise the importance of sustainable infrastructure, but proving its financial value remains a significant challenge. While decision-makers might support sustainability in principle, securing financial buy-in often requires addressing common objections related to cost, measurement difficulties, and perceived misalignment with business goals.
UBS Pushes Back Net Zero Target by 10 Years Following Credit Suisse Acquisition
UBS revealed in its 2024 Sustainability Report that it has pushed back its target to achieve net zero greenhouse gas (GHG) emissions in its operations by 10 years to 2035, from its prior 2025 goal, attributing the change largely due to the effect of the bank’s acquisition of Credit Suisse. The bank also withdrew a target for its Asset Management…
The Business Case for Sustainable Infrastructure: How to Prove Its Financial Value
Sustainability is no longer just an ethical choice – it’s a financial one. As companies invest in sustainable infrastructure, decision-makers must justify these expenditures to investors, executives, and other stakeholders. But how can you effectively demonstrate the financial returns of sustainability investments?
Simplify Your Social & Environmental Impact Reporting with Rio
Sustainability reporting is evolving. As businesses face growing pressure to report on their social and community impact alongside environmental metrics, many struggle with data collection, compliance, and analysis. That’s where Rio comes in.
How do we report on social and community impacts alongside environmental metrics
While most enterprises are familiar with environmental reporting, social and community impact metrics present a new set of challenges. From data collection difficulties to evolving regulatory requirements, businesses often struggle to integrate social impact into their sustainability strategies.