Deutsche Bank recorded its strongest sustainable finance quarter in four years in Q2 2025, according to the bank’s quarterly results released on Thursday, which included more than €28 billion (USD$33 billion) in sustainable finance and investment volumes, the highest in any quarter since 2021. In a post commenting on the results, Deutsche Bank’s Chief Sustainability Officer, Jörg Eigendorf, said: “Sustainability…
Tokyo-based banking and financial services company Mizuho Financial Group announced today an agreement to acquire renewable energy and energy transition sector-focused financial advisory firm Augusta & Co. Founded in 2002 by senior bankers from leading investment banks, Augusta serves the European energy transition sector as a specialist financial advisory and investment house, completing over 130 transactions and raising approximately €30…
Kimberly-Clark UK & Ireland, the manufacturer of household brands including Andrex and Kleenex, has become the first major consumer products company in the UK to sign long-term offtaker agreements for green hydrogen, to decarbonize production of products including toilet and facial tissues. The company is partnering with Carlton Power and HYRO – the latter being a joint venture between Octopus…
International banking group Standard Chartered announced the launch of its new Sustainable Escrow and Account Bank solution, aimed at enabling clients to embed sustainability into their cash management, by holding funds in accounts referenced against the bank’s portfolio of sustainable loans and projects. The new offering forms the latest in a series of sustainability-focused Transaction Banking Cash solutions by Standard Chartered,…
The European Commission announced the release of a new Call for Evidence, seeking input on a planned upcoming “environmental omnibus proposal” aimed at simplifying environmental legislation and reducing administrative burdens for companies in areas including circular economy, industrial emissions and waste management. The initiative forms part of a major simplification push in the EU, and follows the release by the…
The International Court of Justice (ICJ), the UN’s principal judicial body, announced the release of its Advisory Opinion on the Obligations of States in respect of Climate Change, indicating that countries have an obligation under international law to reduce greenhouse gas (GHG) emissions and to contribute to climate change adaptation, opening up potential requirements by wealthier nations to pay compensation…
The U.S. Securities and Exchange Commission (SEC) has told the U.S. Court of Appeals that it does not intend to review or revisit its climate disclosure rules for companies, and asked the court to rule on rule on petitions filed against the rules. The SEC also declined to say whether it would uphold the climate disclosure rules if the court ruled…