Ingka Investments, the investments arm of Ingka Group, the largest IKEA retailer representing 90% of IKEA sales, announced plans to invest €1 billion in companies enabling growth in recycling infrastructure. According to Ingka Group, the new initiative is aimed at supporting the transition to a circular economy, with the company noting that the global economy consumes 75% more natural resources…
Energy and automation digital solutions provider Schneider Electric and the Partnership for Carbon Accounting Financials (PCAF) announced today a new partnership, with Schneider Electric becoming the first global sustainability consultants to join the PCAF accredited partnership program, aimed at supporting banks and investors to measure and report financed emissions. The PCAF is a global partnership of financial institutions, launched globally…
Geneva-based testing, inspection and certification company SGS announced the launch of Nature services, forming a new pillar of its recently launched sustainability suite, IMPACT NOW, focused on helping companies to manage environmental risk. Announced in November 2024, IMPACT NOW consolidates SGS’ sustainability offerings under four strategic pillars, including climate, circularity, nature and ESG assurance. Key services offered under the new…
Barclays’ Group Head of Sustainability Laura Barlow has stepped down from her position at the UK-based bank, ESG Today has confirmed. A spokesperson from Barclays said that Barlow will continue to work for the bank as an advisor. Barlow joined Barclays in 2021, and has been serving as Group Head of Sustainability, responsible for leading the firm’s strategy, policy and…
Harbinger, a California-based maker of chassis for electric vehicles, announced it has raised $100 million in a Series B funding round, with proceeds aimed at scaling the volume production of its medium-duty electric truck platform. Founded in 2021, Harbinger specializes in the development of chassis for electric commercial and specialty vehicles. The product comes ready to use, and is designed…
Amazon announced it plans to invest more than $1 billion to electrify and decarbonize its transportation network across Europe over the coming years. The plans come as Amazon unveiled its largest-ever heavy-duty electric truck order, with more than 200 trucks to beEV added to its fleet in Europe. According to Amazon, the new order forms part of the company’s Climate…