What is B Corp Certification? A Concise Answer! Understanding B Corp Certification: A New Era of Business Responsibility B Corp Certification is more than just a badge—it’s a commitment to balancing profit with purpose. This certification, awarded by the non-profit organisation B Lab, requires businesses to meet rigorous standards that assess their social and environmental impact. But what does this…
Meta Signs PPAs with RWE to Power Data Centers, Offices from New U.S. Solar Farms
Power producer RWE announced it has signed two, long-term power purchase agreements (PPA) with Meta from two solar farms under construction in the U.S., providing renewable energy for Meta’s operations including data centers and offices. Onsite construction is underway on RWE’s 274-megawatt (MWac) County Run Solar project in Illinois and on its 100 (MWac) Lafitte Solar project in Louisiana, with commissioning…
Honeywell Launches New Tool to Help Mid-Market Hotels Cut Carbon Emissions
Industrial products, solutions and technologies company Honeywell announced the launch of INNCOM Direct, a new tool aimed at enabling mid-market hotels to reduce energy consumption and carbon emissions by automatically adjusting heating and cooling of vacant rooms. According to Honeywell, the new tool uses a proprietary detection system to identify empty spaces, and automatically adjusts temperature without impacting consumer comfort,…
World Bank Issues $225 Million Bond with Interest Tied to Carbon Removals from Amazon Reforestation
The World Bank announced that it has priced a $225 million bond, with financial returns to investors linked to the generation of carbon removal units (CRUs) from reforestation projects in Brazil’s Amazon rainforest. The transaction marks the first bond to link financial returns to the removal of carbon from the atmosphere – compared with prior bonds tied to carbon credits…
Ambercycle Raises $10 Million for Circular Materials Plant from Shinkong
Taiwanese polyester manufacturer, Shinkong Synthetic Fibers Corporation, announced that it has invested $10 million in circularity-focused materials sciences company Ambercycle’s first commercial plant, aimed at producing premium materials from end-of-life textiles, expected to open in 2026. Founded in 2015, Los Angeles-based Ambercycle takes end-of-life fabrics, shreds them, separates them into their base materials, removes dyes and finishes, and resells the…
Finnish Startup Collo Raises €5 Million for Tech Enabling Industrial Plants to Cut Costs, Emissions and Waste
Finnish technology startup Collo announced that it has raised €5 million (USD$5.5 million), with proceeds aimed at supporting the global expansion of its liquid analysis solution to help manufacturers improve sustainability and efficiency. Founded in 2017, Tampere, Finland-based Collo provides solutions aimed at enabling real-time measurement for optimizing industrial liquid for manufacturers, helping users better understand and develop their liquid…
Alaska Airlines Invests in Sustainable Aircraft Developer JetZero
Alaska Airlines announced today that it invested in sustainable aircraft developer JetZero, including the company’s first options for future aircraft orders. Founded in 2021, JetZero is developing the first commercial blended-wing body (BWB) aircraft that it said will provide up to 50% less fuel burn and lower emissions. The company said that its design, which integrates the wings and fuselage…
BlackRock, Temasek Decarbonization Fund Leads $31 Million Capital Raise for AI-Powered Factory Optimization Platform Guidewheel
AI-powered factory operations-focused solutions provider Guidewheel announced that it has raised $31 million in a Series B funding round led by BlackRock and Temasek’s decarbonization-focused fund, Decarbonization Partners. Launched in 2018, and founded out of Stanford, California-based Guidewheel provides solutions aimed at helping factories to reach sustainable peak performance, enabling users to reduce lost production time, increase efficiency and enhance…