Climate tech startup Spark e-Fuels announced that it has raised €2.3 million ($2.4 million) in a pre-seed funding round, with proceeds aimed at advancing its solution to produce clean fuels to decarbonize aviation and other hard-to-abate industries with renewable energy. Fuel accounts for the vast majority of the aviation sector’s emissions. While sustainable aviation fuel (SAF) has emerged as a…
The International Civil Aviation Organization (ICAO) announced the launch of ICAO Finvest Hub, a new platform aimed at securing funding for aviation sustainability projects, such as sustainable aviation fuel (SAF) production, clean energy infrastructure and decarbonization initiatives, by connecting projects with investors worldwide. According to the ICAO, SAF, lower carbon aviation fuels (LCAF), and other cleaner energy solutions are expected…
The vast majority of companies will move forward with their sustainability and climate reporting plans, even if regulatory requirements change, as executives see significant strategic value in sustainability data, and nearly all investors report being more likely to invest in companies that provide integrated sustainability and financial information, according to a new survey released by business data and reporting solutions…
This week in ESG news: SEC reconsiders its climate reporting rule; SBTi pushes back timeline for new Net Zero Standard; California climate reporting law passes legal hurdle; HSBC’s new Chief Sustainability Officer; Columbia launches climate finance Masters degree; NEOM plans $5 billion net zero AI data facility; Macquarie exits net zero banking group; U.S. boards say execs should stay quiet…
Investment giant BlackRock announced today the appointment of Louise Kooy-Henckel as EMEA Head of Sustainable and Transition Solutions. Based in London and reporting to Global Head of STS Helen Lees-Jones, responsible for leading the firm’s efforts in sustainable and transition investing in the EMEA region. In an internal memo announcing the appointment, Lees-Jones and Stephen Cohen, Chief Product Officer at…