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Understanding the Procurement Act (2023)

Understanding the Procurement Act (2023)

A professional’s guide to the Procurement Act 2023. We explore the new legislation and offer a FREE COPY of our 50-page Procurement Act Handbook (published 2025). Expert guidance and checklists! In this extract of the ESG Pro Procurement Act Handbook, we consider how the Procurement Act 2023 represents a major overhaul of the UK’s public procurement regulations, introducing a simplified…

Amazon-backed X-Energy Raises $700 Million to Accelerate Small Modular Nuclear Technology

Amazon-backed X-Energy Raises $700 Million to Accelerate Small Modular Nuclear Technology

Nuclear technology company X-Energy announced that it has raised $700 million in a Series C-1 financing round, with proceeds aimed at accelerating the development of the company’s small modular nuclear reactor technology. The announcement represents an upsizing of the funding round, following an initial $500 million capital raise announced in October 2024, led by Amazon’s Climate Pledge Fund, alongside an agreement…

BNP Paribas Surpasses 75% of Energy Financing to Low-Carbon Energies

BNP Paribas Surpasses 75% of Energy Financing to Low-Carbon Energies

More than three quarters of Paris-based global bank BNP Paribas’ financing of energy production in 2024 was directed to low carbon energies, according to figures released with the bank’s annual results. The achievement marks significant progress by BNP Paribas towards one of its key sustainable finance goals, with low carbon energy representing 76% of the bank’s energy financing in 2024,…

Impact Cubed CIO to Increase “Outcomes” Focus

Newly-created position to provide more cohesive leadership as company enhances services for asset owners and investment managers. ESG investment solutions provider Impact Cubed is planning to roll out a series of services and tools this year aimed at strengthening its focus on investment advice across the three pillars of risk, return and sustainable investment. To meet these objectives, the company…

Impact Cubed CIO to Steer Sustainability Tool Growth

Newly-created position to provide more cohesive leadership as company enhances services for asset owners and investment managers. ESG investment solutions provider Impact Cubed is planning to roll out a series of services and tools this year aimed at strengthening its focus on investment advice across the three pillars of risk, return and sustainable investment. To meet these objectives, the company…

Google Eliminates DEI Goals

Google Eliminates DEI Goals

Google will no longer pursue Diversity, Equity and Inclusion (DEI) hiring and representation goals, according to a memo to employees viewed by ESG Today, citing a rapidly changing environment of “U.S. Executive Orders, court decisions, and many companies making changes to their DEl programs in recent weeks.” As mentioned in the memo, the tech giant’s decision forms part of a…

Bulk annuity market unites to safeguard sustainability commitments

“Tangible progress” has been made to increase efficiencies and bolster sustainability within pension buy-out and buy-in transactions since the launch of the Sustainability Principles Charter last year, according to Accounting for Sustainability (A4S). Signatories are now set to adopt the Bulk Annuity Sustainability Survey (BASS), which could replace multiple ones used by different advisers to assess insurers’ sustainability credentials for…

Over 50% of investors are engaged with the impact private debt sector

Over 50% of investors are currently engaged in, or planning to pursue, impact investing, according to the latest bfinance report. The report – DNA of a Manager Search: Impact Private Debt – looked at how the impact investing landscape has developed over the past two years. Specifically, it highlights the opportunities and challenges found within impact private debt investing through…

IONATE Raises $17 Million to Help Grids Meet Decarbonization and AI Needs

IONATE Raises $17 Million to Help Grids Meet Decarbonization and AI Needs

IONATE, a startup that makes smart electric transformers and software for electric grids, announced that it has raised $17 million in a Series A round, with proceeds to be used to fuel growth across key markets, launch its US operations, and advance its technology. London-based IONATE, founded in 2019, provides a “hardware-software backbone for smart grids,” helping address the strain…

Resale Tech Platform Archive Raises $30 Million to Reduce Environmental Impact of Retail

Resale Tech Platform Archive Raises $30 Million to Reduce Environmental Impact of Retail

Cirularity tech startup Archive announced that it has raised $30 million in a Series B funding round, with proceeds aimed at advancing its platform that helps brands resell their merchandise. Established in 2021 with a mission to reduce the environmental impact of retail and keep products in use for as long as possible, California-based Archive works with brands on developing…