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…
International asset manager Robeco announced the launch of the High Income Green Bonds strategy, investing in high yielding green bonds by corporate issuers globally. According to Robeco, the new strategy, categorized as Article 9 under the EU SFDR regulation, was launched in response to growing investor interest in the broad variety of green bonds, fixed income instruments issued by corporates…
A group of Japan-based financial and industrial companies, and France-based energy giant TotalEnergies announced the launch of the Japan Hydrogen Fund, dedicated to developing a low-carbon hydrogen value chain. The new fund is launching with $400 million in commitments at its first close, with initial investors including Toyota Motor Corporation, Iwatani Corporation, Sumitomo Mitsui Banking Corporation, MUFG Bank, Tokyo Century…
Global professional services firm Deloitte announced the launch of Deloitte Academies, a new workforce and upskilling-focused suite of immersive learning experiences, focused on high-demand skills areas including sustainability, AI, product innovation and leadership. According to Deloitte, the new academies will offer learning experiences for a variety of worker segments ranging from technologists and front-line workers to managers and C-suite executives,…
Apple released its Product Environmental Report for its new iPhone 16 lineup, highlighting some of the key sustainability attributes of its new products, and the progress the company is making towards its climate and sustainable materials goals in the manufacturing and use of its products. The report indicated that Apple has achieved lifecycle greenhouse gas (GHG) emissions reductions of 30%…