Environmental intelligence company Earth Blox announced that it has secured £6 million (USD$8 million) in funding, aimed at expanding the company’s operations and enhancing its AI-powered analytics platform to help companies and banks assess the impact of climate and nature risk on assets, supply chains and investment decisions. Founded in 2019, Edinburgh-based Earth Blox provides tools that integrate satellite, environmental,…
The LEGO Group announced today that it plans to build an 80-acre solar park at its new $1.5 billion U.S. factory, LEGO Manufacturing Virginia, supporting the company’s ambition to source 100% renewable energy for the facility’s annual needs. Currently under construction, the new site will be LEGO’s first manufacturing facility in the U.S., spanning 340 acres and containing 13 buildings…
BNP Paribas Asset Management (BNPP AM) announced an investment in FarmCarbon, a newly established vehicle by biogas technology company Sistema.bio, aimed at deploying climate finance solutions to scale methane reduction across smallholder farming systems. Founded in 2010, Mexico-based Sistema.bio develops modular biodigesters that convert animal waste into biogas and biofertilizer, enabling farms to generate on-site renewable energy while reducing reliance…
The Platform on Sustainable Finance (PSF), an expert group mandated by the European Commission to advise it on the development of sustainable finance policies, announced the publication of its response to the European Commission’s consultation on the revised European Sustainability Reporting Standards (ESRS). While broadly supporting the revisions, which it said “contribute to a more proportionate, user-friendly, and globally interoperable…
Google announced that it has signed a new multi-year agreement with AI-powered recycling technology provider AMP Robotics to purchase 200,000 tonnes of carbon removal credits generated through a project that will avoid emissions from organic landfill waste by converting it into biochar. According to the U.S. Environmental Protection Agency, landfilled municipal solid waste is the third-largest source of human-generated methane…
Guest post by: John Powers, Vice President, Global Cleantech and Renewables, Schneider Electric The climate crisis is reshaping the business landscape, and supply chains are at the center of this transformation. For most companies, supply chain emissions, which fall under the GHG Protocol Scope 3 category, make up the largest share of their carbon footprint, often accounting for 70% or…
Sustainability advisory firm ERM, supply chain intelligence platform Secaro, and pharmaceutical company AstraZeneca announced the launch of the Clean Heat Program, a new initiative aimed at reducing emissions from industrial heat across global supply chains. Industrial process heat remains a major obstacle to corporate decarbonization efforts, accounting for approximately 18% of global greenhouse gas emissions. Despite increasing regulatory pressure, energy…
Berlin-based nanotechnology startup Level Nine announced that it has raised €4 million (USD$4.6 million) in a seed funding round to support the scale-up of its catalyst technology enabling the production of industrial chemicals from bio-based materials, instead of fossil fuels. Founded by Seadna Quigley and Dr. Emily Sheridan in 2023, Level Nine develops nanozyme-based catalysts designed to convert biomass and…