A joint TPI-CA100 assessment has found underwhelming progress on corporate climate disclosures and transition efforts. European and North American oil and gas majors are underperforming on key climate-related performance measures used by investor members of the Climate Action 100+ (CA100+) engagement initiative. The assessment and analysis, which were conducted by the Transition Pathway Initiative (TPI) against the Net Zero Standard…
Clean Fuel Startup WASE Raises Over $10 Million to Scale Waste-to-Energy Solution
Clean fuel technology startup WASE, announced today that it has raised £8.5 million (USD$10.7 million), with proceeds aimed at scaling its biogas producing waste-to-energy solution. Biogas is produced from organic waste, such as agricultural, industrial, and household wastes, in anaerobic digesters at waste facilities or landfill sites, and then further processed to produce biomethane/bio-LNG. Biomethane is chemically identical to fossil-based…
Watttron Raises $13 Million for Sustainable Packaging Solutions
Intelligent heating systems startup watttron announced today that it has raised €12 million (USD$13 million) in a Series B funding round, with proceeds aimed at advancing the company’s sustainable packaging solutions. Founded in 2016, Germany-based watttron provides solutions aimed at enabling packaging companies to transition to sustainable materials, by addressing challenges to the transition including high costs and requirements to…
Cleantech Startup EVOLOH Raises $20 Million for Low Cost Clean Hydrogen Technology
Cleantech startup EVOLOH announced today that it has raised $20 million, with proceeds aimed at advancing the company’s solution enabling efficient, low-cost clean hydrogen production. Founded in 2020, California-based EVOLOH manufactures high-performance electrolyzer stacks – the core component of electrolyzers – for hydrogen production. The company’s platform, Nautilus, utilizes liquid alkaline technology designed to minimize costs and technical risks, using…
Persefoni Launches Free Emissions Measurement and Reporting Solution
Climate Management & Accounting Platform (CMAP) provider Persefoni announced today the release of Persefoni Pro, a new free, tool aimed at enabling businesses to measure and disclose their greenhouse gas (GHG) emissions. Launched in 2020, Persefoni’s SaaS platform enables companies and institutional investors to measure, analyze, plan, forecast, and report on their carbon footprint. The company said that the new…