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Shell, British Airways Parent IAG Lead New Capital Raise for SAF Producer LanzaJet

Shell, British Airways Parent IAG Lead New Capital Raise for SAF Producer LanzaJet

Sustainable aviation fuel (SAF) technology and production company LanzaJet announced that it has raised $47 million, including the first close of a new equity financing round and a UK grant, with proceeds aimed at expanding the commercial deployment of its technology to turn waste-based ethanol into low carbon jet fuel. The new funding round, valuing LanzaJet (pre-money) at a $650…

France Grants INEOS €300 Million to Decarbonize Chemical Plant

France Grants INEOS €300 Million to Decarbonize Chemical Plant

Chemical company INEOS announced today that it has been awarded a €300 million (USD$353 million) grant from the French government to install energy-efficient technologies and decarbonize the company’s petrochemical site in Lavera, France, on the Mediterranean coast. INEOS said the funding follows a $294.5 million award announced in November 2025 and marks the next phase of its Lavera regeneration plan,…

Ontario Teachers’ Pension Plan Replaces Portfolio Emissions Reduction Goal with New Climate Investment Target

Ontario Teachers’ Pension Plan Replaces Portfolio Emissions Reduction Goal with New Climate Investment Target

Ontario Teachers’ Pension Plan (OTPP), one of Canada’s largest investors, with over $269 billion in assets under management, announced the launch of its new 2026 – 2030 climate strategy, which will replace the fund’s portfolio emissions reduction targets with new goals to scale climate-related investments. Launched in 2021, OTPP’s prior climate goals included targets to reduce portfolio emissions intensity by…

Civil Liability – the Supreme Court of the French Judicial System Establishes a General Duty of Environmental Vigilance

The second half of 2025 was marked by the Cour de cassation’s recognition of a general duty of vigilance in environmental matters. More precisely, by two decisions published in its official report (Cass. civ. 1st, 24 September 2025, no. 23-23.869; Cass. civ. 3rd, 13 November 2025, no. 24-10.954), the Cour de cassation endorsed the principle already enshrined by the Constitutional…

EY Launches Framework to Help Companies Embed Sustainability Across the Enterprise

EY Launches Framework to Help Companies Embed Sustainability Across the Enterprise

Global professional services firm EY announced the launch of its new EY Sustainable Operating Blueprint, aimed at providing companies with a framework to embed sustainability into enterprise strategy. According to EY Climate Change and Sustainability Services (CCaSS) Global Leader Alexis Gazzo, the new blueprint was built to provide a roadmap for companies to address the key challenge of integrating sustainability…

Metafuels Raises $24 Million to Scale Low-Cost Synthetic Sustainable Aviation Fuel Technology

Metafuels Raises $24 Million to Scale Low-Cost Synthetic Sustainable Aviation Fuel Technology

Aviation technology startup Metafuels announced that it has raised $24 million in a Series A funding round, with proceeds aimed at accelerating the commercialization of its synthetic sustainable aviation fuel (e-SAF) technology, which converts green methanol into jet fuel. Fuel accounts for the vast majority of the aviation sector’s emissions. Generally produced from sustainable resources, like waste oils and agricultural…

Multi-State Coalition Warns Companies Against Participating in Sustainable Packaging Initiatives

Multi-State Coalition Warns Companies Against Participating in Sustainable Packaging Initiatives

A group of 10 U.S. State Attorneys General*, led by Florida AG James Uthmeier, announced that they have sent letters to nearly 80 companies, warning them of potential legal actions over their participation in environmental groups advocating for plastic reduction and sustainable packaging. The announcement follows letters sent by a group of state AGs in October to environmental groups including…

TrusTrace, Retailers Launch New Human Rights Due Diligence Platform

TrusTrace, Retailers Launch New Human Rights Due Diligence Platform

Supply chain traceability solutions provider TrusTrace, alongside a group of retailers, announced the launch of a new due diligence questionnaire, aimed at streamlining compliance on Human Rights and Environmental Due Diligence (HREDD) for the apparel and footwear sector. The initiative will be facilitated by One Retail Hub, a new free digital platform developed in partnership with nonprofits Cascale and Fair…

Microsoft Achieves its 100% Renewable Electricity Goal

Microsoft Achieves its 100% Renewable Electricity Goal

Microsoft announced today the achievement of one its key sustainability goals, with the tech giant reaching its target to match 100% of its annual global electricity consumption with renewable energy. The clean energy goal formed part of a series of targets set by Microsoft in 2020, which included a commitment to use 100% renewable energy in its buildings and datacenters…

Amazon to Help Suppliers Invest in Clean Fuel Carbon Credits

Amazon to Help Suppliers Invest in Clean Fuel Carbon Credits

Amazon announced the expansion of its carbon credit service for suppliers, which will now enable companies to invest in carbon credits generated through the production of lower carbon shipping fuels such as renewable diesel, and from the destruction of “superpollutant” gases. The expanded service forms part of Amazon’s Sustainability Exchange, launched in 2024, initially as a platform to offer companies – particularly…