Consumer brands company Kimberly-Clark announced that its factory in Koblenz, Germany is on track to move to 100% renewable energy by 2029, making it the company’s first tissue manufacturing site worldwide to achieve that goal. According to Kimberly-Clark, the achievement will support its goal to reduce its Scope 1 and 2 emissions by 50% by 2030. The company said that…
Agriculture-focused biosolutions provider GreenLight Biosciences announced the closing of its Series C funding round – which included a $25 million investment from climate solutions-focused investment business Just Climate – with proceeds aimed at expanding and commercializing its sustainable solutions that enhance agricultural productivity while preserving biodiversity. Established in 2008, Medford, Massachusetts-based GreenLight Bio provides sustainable RNA-based solutions for farmers and…
Enhanced rock weathering startup Eion announced today a $33 million carbon removal purchase agreement through buyer coalition Frontier, with purchases by companies including Google, Shopify, JPMorgan Chase and H&M Group, among others. Under the new transaction, Eion will remove more than 78,700 tons of CO2 between 2027 and 2030. Founded in 2020, Eion uses enhanced rock weathering (ERW) to speed…
Aerospace giant Airbus stated that it has “reconfirmed its commitment” to develop a commercially viable hydrogen aircraft, and selected fuel cell technology from a series of methods explored as the propulsion method for the new aircraft. The announcement, made at the company’s 2025 Airbus Summit, comes shortly after Airbus revealed that it had delayed its plans to develop a hydrogen-powered…
Amsterdam-based global bank ING announced today that its climate targets, including goals to reduce financed emissions in client portfolios as well as in the bank’s own operations, have been validated by the Science Based Targets initiative (SBTi) as aligning with the 1.5 °C ambition of the Paris Agreement. According to the SBTi, ING is the first global systemically important bank…
By: Tom Willman, Regulatory Lead, Clarity AI In a world of uncertainty around sustainability regulations, interoperability – the capacity for regulatory systems to function harmoniously across different regions – remains a key priority for asset managers. While the benefits of interoperability are often framed in terms of cost-savings and a reduced administrative burden, its significance goes far deeper. Interoperability is…