Real estate and investment management-focused services provider JLL announced today the acquisition of renewable energy-focused investment banking firm Javelin Capital, in a move described by the company as aimed at expanding its U.S. energy & infrastructure capital markets capabilities, and driven by rapid growth in the clean energy sector. Founded in 2017, New York and Chicago-based Javelin is a boutique…
The Platform on Sustainable Finance (PSF), an expert group mandated by the European Commission to advise it on the development of sustainable finance policies, announced the publication of a new report, proposing a new “SME sustainable finance standard” aimed at helping small and medium-sized enterprises to access external financing to support their sustainability and climate transition-related initiatives. According to the PSF,…
By: Hakan Bulgurlu – Chief Executive Officer, Beko Melting glaciers and ice sheets have been making headlines globally — often for all the wrong reasons. They are increasingly viewed as assets: faster Arctic shipping lanes, access to untapped mineral resources, and far-reaching geopolitical ambitions. Yet, as we mark World Water Day, and inaugurate World Day for Glaciers, we must face…
This week in ESG news: SBTi publishes first draft of new corporate net zero standard; Canada’s new PM cancels consumer carbon tax; Amazon launches service to sell carbon credits to companies; UBS pushes back net zero goals after acquiring Credit Suisse; BlackRock enhances sustainability characteristics for funds ahead of new regulations; global accounting body adds sustainability reporting skills into training…
Berlin-based cleantech startup C1 Green Chemicals announced that it has raised €20 million (USD$21.7 million), with proceeds from the financing aimed at commercializing its green methanol technology and help move emissions-intensive sectors away from fossil feedstocks. Founded in 2022, C1 develops new, climate-friendly chemical processes, exclusively on the basis of renewable raw materials and energy, designed with the help of…
Carbon-crediting platform Puro.earth announced that it has achieved the issuance of more than 1 million CO2 removal certificates – representing more than 1 million tonnes of verified carbon removal – following a significant acceleration in the market over the past several months. Founded in 2018, and acquired by Nasdaq in 2021, Puro.earth provides a platform bringing together suppliers of carbon…