Renewable energy investor, developer and operator Low Carbon announced today a new Power Purchase Agreement (PPA) with carbon removal project developer Deep Sky, enabling the company to power its first facility, Deep Sky Alpha, with 100% solar power. UK-based Low Carbon invests in, develops, and operates solar, wind, energy storage, and energy from waste projects across the UK, Europe, and…
Construction decarbonization software startup Tangible announced that it has raised $3 million in a funding round, with proceeds from the funding round aimed at reducing embodied carbon in the construction and real estate industries. Embodied carbon, or the emissions associated with building materials and construction, is responsible for 11% of global greenhouse gas emissions, a figure that is set to…
California-based VC investor Trucks Venture Capital (Trucks VC) announced the launch of Trucks Venture Fund 3 (TVF3), its third flagship fund focused on startups aligned with its mission to make transportation decarbonized, safer, and more accessible. The firm said that it has closed on $70 million in commitments for the new fund, making it Trucks VC’s largest to date. LP…
The Science Based Targets initiative (SBTi), one of the key organizations focused on aligning corporate environmental sustainability action with the global goals of limiting climate change, announced the appointment of climate action and sustainability veteran David Kennedy as its new CEO. The appointment follows a tumultuous year for the SBTi, which saw its prior CEO resign following a controversial plan…
JPMorganChase has chosen to exit the Net-Zero Banking Alliance, ESG Today has confirmed, marking the latest in a rapid-fire series of departures from the UN-backed coalition of banks dedicated to advancing global net zero goals through their financing activities. The departure makes JPMorgan the last large-scale U.S.-based bank to leave the NZBA, following the exit over the past few weeks…
Snacking, food, and pet care products provider Mars announced that it aims to achieve a physically segregated global cocoa supply chain by 2030, building on its existing commitment to only use responsibly sourced cocoa in its products by creating greater transparency in its cocoa supply chain. Mars is a major user of cocoa, with more than 350,000 farmers in its…
Market data and solutions provider S&P Global announced the appointment of Lauren Smart as Head of S&P Global Sustainable1, leading the company’s sustainability-focused business unit. Smart joined S&P Global through the company’s 2016 acquisition of carbon and environmental data and risk analysis company Trucost, which she joined as a startup. She was chosen as part of the start up team…