U.S.-based energy storage and battery materials provider Redwood Materials announced that it has raised $350 million in a Series E funding round to accelerate the growth of its clean energy storage and critical materials operations. Founded in 2017 by Tesla co-founder and former CTO JB Straubel, Nevada-based Redwood provides energy storage at scale, and produces critical battery materials such as…
The 30th United Nations Conference of the Parties (COP30) is likely to deliver incremental rather than transformative progress, as most countries remain misaligned with the Paris Agreement and net-zero pathways. Clearer national climate plans with investment pathways: COP30 is expected to centre on the next cycle of Nationally Determined Contributions (NDCs) for 2035. These standards are at the heart of…
United Airlines and renewable fuels producer Neste announced an expansion of their sustainable aviation fuel partnership, with a short term agreement to supply SAF to three new major U.S. airports. United Airlines has committed to fully reduce greenhouse gas emissions by 2050 without relying on carbon offsets. Investments in SAF are a key tool identified by the airline to reach its goal….
United Airlines and renewable fuels producer Neste announced an expansion of their sustainable aviation fuel partnership, with a short term agreement to supply SAF to three new major U.S. airports. United Airlines has committed to fully reduce greenhouse gas emissions by 2050 without relying on carbon offsets. Investments in SAF are a key tool identified by the airline to reach its goal….
Business sustainability ratings and solutions provider EcoVadis announced the expansion of its Partnership & Alliance network, adding testing, inspection and certification company SGS, and supply chain compliance and quality assurance provider QIMA to the ecosystem to provide new audit services. EcoVadis’ Partnership & Alliance ecosystem leverages a network of technology, consulting, solutions partners and system integrators to accelerate the sustainable…
Professional services firm EY has appointed Colm Devine as its new Global Vice Chair for Sustainability, responsible for leading the firm’s sustainability and climate agenda globally. Devine has been with EY for more than two decades, most recently leading the firm’s Power & Utilities Sector practice across UK & Ireland, specializing in providing clients with a range of advisory services…
Energy giant ExxonMobil filed a lawsuit in a U.S. federal court challenging new California laws requiring large companies to disclose their value chain greenhouse gas emissions and report on climate-related risks. According to the suit, ExxonMobil is asking the court to declare that California’s new climate-related reporting laws violate First Amendment free speech rights – claiming that their main goal…
TotalEnergies pushed back against “all those who want to continue accusing us of ‘greenwashing’,” following a ruling by a Paris court last week that claims made by the French energy giant on its website about its ambitions regarding its role in the energy transition and its carbon neutrality goals were likely to mislead consumers. In a statement published by the…