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…
BlackRock-backed Skyborn Renewables and Amazon announced the signing of a 600 MW power purchase agreement (PPA) for carbon-free electricity from the Gennaker offshore wind farm in the German Baltic Sea, marking the largest single PPA ever signed in Germany. According to the companies, the new commitment will enable Skyborn Renewables to advance construction of the project, set to become Germany’s…
Global food and beverage company Nestlé announced that it has expanded the role of Chief Sustainability Officer Antonia Wanner to the new role of Chief Communications and Sustainability Officer, and added her as a member of the company’s Group Executive Board. Wanner has been with Nestlé since joining the company as an in-house lawyer in 2026, and was appointed as the…
Impact investment platform Livelihoods announced the launch of its fourth fund, Livelihoods Carbon Fund 4 (LCF4), focused on developing nature-based climate solutions with goals to sequester or avoid between 7 and 10 million tons of CO2 over a 25-year period and sustainably improve the living conditions of 500,000 people. The company said that it has raised €124 million (USD$142 million)…
This week in ESG news: ISO releases proposed net zero standard; EQT signs record sustainability-linked loan tied to portfolio company goals; Anthropic, Google back $900 million carbon removal fund; BoE integrates net zero transition risk into collateral framework; EBA integrates climate risk into bank stress testing; Bloomberg launches portfolio climate scoring and tracking solution; Mars hits U.S. clean energy milestone;…
Norway-based energy company Equinor has retired its target to reach 10 – 12 GW of installed renewable energy capacity by 2030, with CEO Anders Opedal citing less favorable economics for projects since initially setting the goal, and acknowledging at the company’s Capital Markets Day that “we have seen for several years that we will not reach that target.” The retirement…
Global food and beverage company Nestlé announced the launch of a new partnership with UK-based regenerative agriculture company Wildfarmed, which will enable the use of regeneratively farmed wheat in the production of the company’s KitKat bars in the U.K. Regenerative agriculture practices are aimed at addressing the environmental impact of farming and agriculture, and include techniques to improve and restore…
Enterprise sustainability data management platform Sweep announced the launch of its new UK SRS solution, aimed at supporting UK-listed companies required to comply with upcoming mandatory sustainability reporting requirements. The launch of the new solution follows the release earlier this year by the UK government of the finalized UK Sustainability Reporting Standards (UK SRS), based on the sustainability and climate-related…