Risk management services provider Apave Group announced the acquisition of French carbon accounting firm Aktio, in a move aimed at helping Apave to strengthen its expertise in sustainability and decarbonization. Founded in 2020, Paris-based Aktio provides climate consulting services and greenhouse gas accounting and management software solutions aimed at supporting companies in their low-carbon transition. The company’s platform supports companies…
Northern Europe-based asset manager Nordea Asset Management announced that it has been selected to help manage a €800 million (USD$867 million) decarbonization-focused global equity investment mandate for French pension plan Iracantec, in partnership with Paris-based asset management firm ODDO BHF AM. Ircantec is a French complementary pension scheme with more than €17 billion (USD $18.4 billion) invested in the financial…
Climate research provider and environmental disclosure platform CDP and the European Financial Reporting Advisory Group (EFRAG) announced the release of correspondence mapping between the CDP question bank and the EU’s climate standard, ESRS E1, aimed at reducing the reporting burden on companies disclosing under both the CDP platform and the EU’s CSRD regulation. CDP runs a global environmental disclosure system,…
The European Commission announced the launch of its Action Plan on Steel and Metals, outlining a broad range of initiatives aimed at protecting and strengthening the industry’s competitiveness, and supporting its decarbonization. According to the Commission, the new Action Plan comes as the European steel and metals industry faces a series of challenges, including high energy costs, and unfair global…
Amazon announced the launch of a new service, providing access to high-quality carbon credit investments to companies in its value chain with net zero climate targets. According to Amazon, the new service aims to utilize its scale and resources to help companies to start investing and securing high-quality carbon credits, addressing issues adding complexity to the market, such as a…
Battery tech startup Pulsetrain announced that it has raised €6.1 million (USD$6.7 million) in a seed funding round, with proceeds aimed at advancing its technology to significantly improve EV battery performance. Founded in 2022, Munich-based Pulsetrain offers solutions aimed at enabling automotive manufacturers to build more powerful and safer electric vehicles at a lower cost. The company’s system combines advanced…
By: John Bamford, Head of Sustainability UK&I for EcoAct, a wholly owned subsidiary of Schneider Electric Sustainability Business The European Commission’s recently unveiled Omnibus simplification package marks a significant evolution in the EU’s approach to sustainability reporting. As this proposal begins its journey through the European Parliament and Council, it brings adjustments to three key frameworks: the Corporate Sustainability Reporting…
Battery technology company Coreshell announced that it has raised $24 million to help scale production to meet growing demand for its fast-charging, U.S.-produced silicon-based batteries for electric vehicles. Founded in 2017, California-based Coreshell makes batteries from a natural and widely available form of silicon. The company’s technology enables batteries to use metallurgical silicon anodes, which enable energy storage at a…
London-based assurance services provider LRQA announced that it has acquired energy transition-focused consulting, auditing and advisory firm EcoEngineers. Founded in 2009, Iowa-based EcoEngineers was initially founded to steer low-carbon fuel producers through the complexities of emerging energy regulations in the U.S. The firm now advises businesses across the energy transition, providing expertise in areas including low-carbon production, climate regulations, carbon…