Global energy and electricity provider Iberdrola and Norges Bank Investment Management (NBIM), the investment manager for Norway’s $2 trillion oil fund, announced the addition of 646 MW of solar photovoltaic capacity to their joint venture, increasing the partnership’s total operational renewable capacity across Spain and Portugal to 1,500 MW. Iberdrola and NBIM launched the joint venture in 2023, agreeing to…

Carbon accounting startup Zevero announced that it has acquired sustainability solutions provider Inhabit, with the transaction aimed at expanding its advisory capabilities and supporting its strategy to scale sustainability delivery. Founded in 2019, UK-based Inhabit provides tools and services to help enable decarbonization and net-zero strategies, ranging from carbon measurement, reporting, and practical decarbonization planning services. Zevero, also based in…

Greenhouse Gas (GHG) reporting framework provider GHG Protocol announced the release of its new Land Sector and Removals (LSR) Standard, aimed at establishing the first global standard for companies to quantify, report, and track GHG emissions and CO2 removals from agricultural land use. GHG Protocol was established in 1997 by the World Resources Institute (WRI) and the World Business Council…

Cement and building materials producer Holcim announced an investment in Capsol Technologies, a publicly listed Norwegian company specializing in carbon capture solutions, as part of its near-zero cement strategy. According to Holcim, the investment is intended to expand its portfolio of decarbonization technologies and support profitable growth. Founded in 2014, Capsol has developed a post-combustion carbon capture and heat recovery…

Guest Post By: Maura Hodge, KPMG US Sustainability Leader and Anthony Hui, KPMG Senior Manager, ESG Data & Technology Time and again we see the number one challenge in sustainability reporting is fragmented data collection and management. Obtaining information from disparate systems, with inconsistent definitions and uses makes it difficult, if not impossible, to produce comparable, reliable, and timely sustainability…

The Financial Conduct Authority (FCA), the UK’s conduct regulator for financial services firms and financial markets, announced the launch of a consultation into a new proposal to significantly revise and expand sustainability reporting requirements for listed companies, including a new requirement for companies to implement the UK’s upcoming                 IFRS-based Sustainability Reporting Standards (UK SRS) in their disclosures. The new…

This week in ESG news: Trump officially takes U.S. out of the Paris Agreement… again; First-ever climate reporting standard for public sector released; Transition bonds to step into the spotlight in 2026; UK warns companies they may be responsible for greenwashing by suppliers; European countries shore up offshore wind sector with 100 GW pledge; Wells Fargo cuts reliance on proxy…

Stella, the investment entity of the Heinz Hermann Thiele Family Foundation and Julia Thiele-Schürhoff, announced the appointment of M&G’s impact investing unit responsibility to manage a €200 million (USD$239 million) private equity impact fund, targeting UN SDG-aligned investments in emerging markets. According to Stella, the mandate will invest over the long term in growth-focused companies in Africa, Asia and Latin America that…

Renewable energy solutions provider Enfinity Global announced that it has begun commercial operations at a new 33.8 MW solar PV power plant in Italy, marking the delivery of the first project under a series of Power Purchase Agreements (PPA) with Microsoft. Enfinity Global was founded in 2019 and owns a 39.3 GW portfolio of renewable energy generation and storage projects…

Energy storage company Jupiter Power announced that it has secured $500 million in financing, supporting the advancement of its project pipeline across the U.S. Founded in 2017, Texas-based Jupiter Power develops and operates utility-scale battery energy storage systems (BESS), with nearly 8,000 MWh of battery energy storage projects operating, under construction or under contract, and a development pipeline including more…