Hey everyone! Luke (CCO) here writing about New York Climate Week! Entering the third day here in New York, we started off listening to two juxtaposing sentiments – there are countless tech solutions available to public and private enterprises today, to get going with decarbonisation. This means focusing on the type of power you are using for your own operations and…
The European Commission announced today the launch of a consultation on a new proposed EU Flight Emissions Label (FEL), an initiative which aims to provide passengers with information about their flight’s carbon footprint. The FEL forms part of the EU’s RefeulEU Aviation regulations, adopted last year and aimed at decarbonizing aviation. Under the initiative, passengers will be able to see…
Corporate boards have been seeing a declining focus on ESG issues, with slightly less than half including ESG as part of their regular agenda, as most directors report ambiguity into the meaning of ESG, many viewing it as a charged term, and less than one in ten agreeing that ESG means the same thing as sustainability, according to the new…
The Italian Competition Authority announced that it has launched a investigation into global fashion online retailer Shein’s website operator Infinite Styles Services Co over possibly misleading advertising claims made on the site regarding the environmental sustainability of Shein branded clothing. According to the regulator, the investigation is focused on the possible misleading nature of environmental claims in several sections of…
Energy and automation digital solutions provider Schneider Electric announced today the launch of its new Building Decarbonization Calculator, designed to enable building owners and operators to quickly test and explore a range of energy and carbon conservation measures (ECCMs). Buildings are a key source of global greenhouse gas (GHG) emissions, and also one of the hardest to replace, given their…
UAE-based clean energy-focused developer Masdar announced plans to acquire renewable power company Saeta Yield from Brookfield Renewable together with its institutional partners, for an implied enterprise value of US$1.4 billion. The closing of the transaction is subject to customary approvals, and is expected to occur around the end of 2024. Based in Madrid, Spain, Saeta is an independent developer, owner…
Over two thirds of asset owners report that ESG has become more material to their investment process, as a greater share of assets is being invested in strategies that take ESG factors into account and asset owners increasingly set up dedicated ESG teams, according to a new survey released by investment research firm Morningstar. For the report, Voice of the…
Ayrton Energy, which is developing advanced methods for the transport of liquid hydrogen, has secured a $6.8 million seed round investment to advance its liquid organic hydrogen carrier (LOHC) technology. The company said that it will leverage the financing to scale its proprietary technology, double the size of its team, and expand operations into energy hubs in the US. Hydrogen…