Despite Trump’s less-than-supportive stance, unforeseen sustainable investment opportunities may thrive during his tenure. As he began his second mandate as US President, Donald Trump was quick off the mark to sign a flurry of executive orders (EOs) – 180, by some counts. Covering a broad range of subjects including migration, healthcare, geopolitics, gender or AI, the EOs also tackle climate…
Ecologi Acquires Carbon Measurement Solution Provider Net Zero Now
UK-based Climate solutions-focused platform Ecologi announced the acquisition of carbon measurement and reduction platform Net Zero Now. Terms of the deal were not disclosed. Ecologi said that the new combined entity will create a tailored and complete solution helping businesses lead their industries towards net zero, bringing together sector-specific carbon measurement and reduction capabilities with access to climate projects and…
Climate First Bank Appoints Chris Castro as Chief Sustainability Officer
Climate First Bank announced the appointment of Chris Castro as Executive Vice President and Chief Sustainability Officer. Founded in 2020, Florida-based Climate First Bank is a digital community bank focused on combating the climate crisis through innovative and sustainable banking solutions, including financing for solar PV, and energy retrofits and infrastructure. In his new role, Castro will support executive leadership…
HSBC Acquires Stake in EV Charging Operator SP Mobility
HSBC Asset Management (HSBC AM) announced an investment by its Energy Transition Infrastructure (ETI) team in Singapore-based EV charging company SP Mobility. Terms of the investment were not disclosed. Founded in 2018, SP Mobility operates Singapore’s largest and fastest public EV charging network, with more than 1,900 charging points in retail, commercial, industrial, residential and other public locations. The company…
Saudi’s NEOM, DataVolt to Build $5 Billion Net Zero AI Data Center
Saudi Arabia’s development megaproject NEOM and Riyadh-based sustainable data center developer DataVolt announced that they have signed a new agreement, aimed at establishing a “net-zero AI factory campus in NEOM’s Oxagon region. The agreement includes plans for $5 billion of investment in its first phase, establishing a 1.5 GW factory integrating a wide range of computing densities and energy efficient…
New Acting SEC Chair Questions Need for Climate Disclosure Rule
Acting U.S. Securities and Exchange Commission (SEC) Chairman Mark Uyeda announced today that he would request that legal proceedings against the SEC’s new climate disclosure rule be postponed pending “next steps” regarding the rule, which he called “deeply flawed” and said “could inflict significant harm on the capital markets and our economy.” Uyeda was appointed Acting Chair after the resignation…