The world’s largest companies are increasingly setting significant climate-related targets, despite facing increasing the challenges they are facing from anti-ESG political backlash and growing scrutiny over greenwashing in their environmental claims, according to a new study released by carbon markets-focused solutions provider Climate Impact Partners. For the study, Climate Impact Partners assessed the climate commitments of the Fortune Global 500…
UK-based Zevero announced that it has raised $7 million in a seed funding round to expand its footprint and enable more companies around the globe to utilize its platform to help businesses measure, report and reduce carbon emissions. Founded in 2021, Zevero offers companies tools to understand the impact of their emissions, enabling them to determine how and where they…
One Click LCA, which develops software to enable builders and manufacturers to track and reduce their carbon footprint, announced that it has acquired ENVI-met, which provides software for microclimate simulation in construction and other industries. The acquisition will enable One Click LCA to expand the footprint of its life cycle assessment (LCA) software, enabling builders, architects, urban planners, manufacturers and…
Investment manager Vanguard released data from its Investor Choice proxy voting pilot on Tuesday, indicating that approximately one quarter of investors participating in the exercise chose to cast their proxy votes in alignment with an ESG-focused policy. Vanguard launched its Investor Choice pilot in early 2023, offering investors with the ability to select from a range of policy options to…
A group of more than 530 financial institutions representing over $29 trillion in assets under management announced the release of the 2024 Global Investor Statement to Governments on the Climate Crisis, calling on governments globally to set policies aimed at unlocking private capital flows to enable the net zero transition, including mandatory climate-related reporting and the implementation of transition strategies…
Ara Partners, a private equity firm that specializes in funding industrial projects and companies committed to net-zero carbon emissions, announced that it has partnered with HF Capital to launch Ara Energy Decarbonization, a new strategy that will seek to decarbonize conventional energy assets across North America. Alongside the launch, HF Capital announced that it has committed up to $725 million…
Over half of companies globally report that the use of AI has a major impact on key areas of their decarbonization efforts, such as emissions measurement and reporting, according to a new survey released by Boston Consulting Group (BCG), and AI usage was also found to be a significant driver of companies’ ability to derive substantial sustainability-related financial benefits, the…
Global private capital investment firm Carlyle announced today a new strategic investment in commercial property assessed clean energy (C-PACE)-focused finance company North Bridge, alongside a commitment to provide up to $1 billion in financing to facilitate C-PACE loans by North Bridge. C-PACE is a financing mechanism aimed at enabling building owners and developers to obtain low-cost, long-term financing for projects…