U.S.-based biochar company Liferaft announced that it has signed a long-term offtake deal with Microsoft, with the tech giant agreeing to purchase one million carbon removal units (CRUs) over ten years, generated through biochar projects in the U.S. Midwest. The deal marks one of the largest biochar-based carbon removal agreements to date, and the largest so far in the U.S….
Guest post by: Philippe Parlange, Chief Client Officer, Deepki The global real estate sector has reached a defining moment where environmental targets and fiduciary duty finally collide. As we align portfolios with Paris Agreement targets, the scale of the transition is no longer just an operational hurdle—it is a US$1.7 trillion annual capital allocation challenge[1]. For institutional owners, the ‘sustainability…
The European Financial Reporting Advisory Group (EFRAG) announced the launch of a call for expression of interest for companies and other stakeholders to engage on the application of the upcoming voluntary sustainability reporting standard by larger companies that are not in the scope of the EU’s Corporate Sustainability Reporting Directive (CSRD). The call comes as the European Commission is expected…
Nuclear fusion startup Pranos Fusion announced today that it has raised $6.8 million in a new funding round with proceeds aimed at accelerating the development of its technology to help advance the commercialization of fusion energy. Fusion, the process of combining two atoms to form a single atom to release energy, has been long referred to as the “Holy Grail”…
The California Air Resources Board (CARB), the regulator charged with developing and enforcing the state’s new corporate climate reporting regulations, unveiled a series of proposed options for the implementation of upcoming obligations for large companies to report on Scope 3, or value chain, greenhouse gas (GHG) emissions. The new proposals were presented as part of a public workshop to communicate…
UK-based clean energy tech company Octopus Energy Group announced today that it has acquired a majority stake in grid flexibility technology provider Uplight, in a move aimed at enabling the company to help utilities in North America manage the rapid increase in electricity demand driven by data center buildouts and electrification. Founded in 2019, Colorado-based Uplight provides solutions designed to…
Workplace culture has become a defining factor in organisational performance, talent retention, and long-term resilience. In the financial services sector, however, building and sustaining a strong culture remains particularly challenging. While banks, insurers, and investment firms increasingly acknowledge the importance of culture, structural, regulatory, and legacy factors often undermine these efforts. Understanding the key barriers is the first step toward meaningful cultural change that can help determine how…