Disclosure requirements to shed light on rising costs, but observers also warn of an ‘alphabet soup’ of offset accounting frameworks. The US Securities and Exchange Commission’s (SEC) climate disclosure requirements will bring much-needed transparency on the costs of carbon credits incurred by companies, industry experts have said. This month, three of the five SEC commissioners voted in favour…
Sustainable Materials Sourcing Platform Circular Raises $10.5 Million
Circular economy-focused startup Circular.co, announced today that it has raised $10.5 million, with proceeds from the financing aimed at scaling its sustainable sourcing platform for recycled materials. Launched in 2022, California-based Circular provides digital tools connecting buyers and suppliers in order to search, source and exchange recycled materials, aimed at helping manufacturers address challenges – availability, price and consistent quality…
Sustainability Advisory Firm Anthesis Acquires Purpose-focused Consultancy Given
London-based global sustainability advisory and solutions firm Anthesis announced today the acquisition of purpose-focused strategic consultancy Given. Founded in 2009, London-based Given works with C-suite decision makers to define, embed and activate purpose in their organizations to achieve sustainable, long-term growth, with a team consisting of more than 50 experts, and clients including IKEA, Lloyds Banking Group, Kimberly-Clark, L’Oreal, PVH,…
Walmart Invests in Nearly 1 GW of New Clean Energy Projects Across the U.S.
Retail giant Walmart announced today a series of new clean energy investments and purchase agreements, aimed at adding nearly 1 gigawatt of renewable energy capacity across the U.S. The new commitments follow the announcement by Walmart in January of plans to accelerate its energy transformation strategy, with an ambition to enable as much as 10 GW of new clean energy…
Starbucks Certifies Over 6,000 Locations as Greener Stores
Starbucks announced that it has now certified more than 6,000 of its locations globally as “Greener Stores,” meeting a series of environmental impact criteria and sustainability features, including energy and water savings and waste diversion. Starbucks launched its Greener Store initiative in 2018, beginning with stores in the U.S. and Canada, and setting a goal to reach 10,000 Greener Stores…
LEGO Group Signs 9-Year Carbon Removal Deal with DAC Provider Climeworks
Zurich-based Direct Air Capture (DAC) company provider Climeworks announced today that it has signed a new 9-year carbon removal agreement with the LEGO Group. The new deal also includes a carbon removal agreement with KIRKBI, the Danish family office for the Kristiansen family, which owns The Lego Group. The combined agreements are valued at over $2.8 million. The new carbon…