Industrial certification provider Isometric announced an investment by financial technology and data services provider and exchange operator Intercontinental Exchange (ICE), expanding its Series A financing round, alongside new investors, to $50 million, from an initial $40 million announced in June. The financing round comes as Isometric moves to extend its AI-powered certification platform from its initial focus on carbon markets…
Lawmakers in the European Parliament voted 464 – 50 on Tuesday on the adoption of a negotiating position on proposed changes to the Carbon Border Adjustment Mechanism (CBAM), the EU’s carbon tax on imported goods, including extending CBAM to include hundreds of new downstream products, and putting in place a series of anti-circumvention measures aimed at closing loopholes and strengthening the…
Global investment firm Schroders’ impact investment management arm BlueOrchard announced today that it has raised $250 million at the first close of the BlueOrchard Climate Action Mobilisation Fund (BOCAMF), its blended finance fund focused on backing climate mitigation and adaptation in emerging and frontier markets. According to BlueOrchard, the close comes as available capital remains only a fraction of what…
Supply chain traceability solutions provider TrusTrace announced today the launch of a new platform aimed at enabling understand their supply chains, and identify and act on sustainability and compliance gaps. According to TrusTrace, the new platform comes as brands face increasing sustainability and due diligence requirements, alongside growing complexity across multi-tier global supply chains. TrusTrace said that the new platform…
The U.S. Environmental Protection Agency (EPA) announced on Monday the repeal of a series of Biden-era rules aimed at significantly reducing greenhouse gas (GHG) emissions from fossil fuel-based power plants, one of the main sources of the U.S.’ carbon footprint. In addition to finalizing the repeal of the rules, the EPA also announced a proposal to rescind the 2015 Greenhouse…
Guest post by: Juanjo Mestre, CEO at Dcycle The UK Sustainability Reporting Standards (SRS), based upon the ISSB’s IFRS S1 and IFRS S2, were finalised earlier this year. These voluntary standards are designed to encourage companies to disclose their material sustainability and climate-related risks that have the potential to introduce significant financial implications. The SRS is raising the standard. In…
Cloud-focused infrastructure and software provider Oracle announced plans to launch a public dashboard for Project Jupiter, its hyperscale data center campus under construction in New Mexico, which will offer public information on environmental factors for the facility including air, noise, heat, light and water use once the project is operational. The new project, covering 1400 acres in Doña Ana County,…
Spanish multinational financial services company Santander Group revealed that it mobilized €14 billion in green finance in the first half of 2026, bringing the bank to €188 billion cumulatively raised or facilitated since 2019, surpassing 85% of its goal of €220 billion by 2030. Santander set a series of sustainable finance targets in 2021, including the 2030 goal, as well…