ESG investors aren’t the only group of people who sometimes wonder if their efforts to save the planet are truly worthwhile. After all, earth’s climate is rapidly approaching an environmental tipping point, right? “Motivated by equal parts fatalism and exhaustion, many [people] are reporting less enthusiasm in causes they’ve typically cared strongly about—like the environment,” says a 2024 Trends Report…
Circularity Tech Startup Resynergi Raises $6.4 Million to Scale Plastic Recycling Solution
Circularity-focused startup Resynergi announced today it has raised $6.4 million (USD$7 million) in series B funding, with proceeds aimed at scaling its advanced plastic recycling technology to rapidly convert plastic waste into reusable and environmentally friendly material. Founded in 2015, California-based Resynergi uses Continuous Microwave Assisted Pyrolysis (CMAP) technology to convert plastic its molecular building blocks to be used to…
Climate Consultancy The Carbon Trust Appoints Chris Stark as New CEO
Global climate consultancy the Carbon Trust announced today the appointment of UK Climate Change Committee Chief (CCC) Executive Chris Stark, as its new CEO, taking on the role from Tom Delay, who is stepping down after more than 2 decades. Julia King Baroness Brown of Cambridge and Chair of the Carbon Trust’s Board said: “Chris Stark has been a leader…
Electrolux Sets Science-Based Goals to Reduce Emissions from Products, Operations
Home appliance manufacturer Electrolux announced today that it has set a new science-based climate target to reduce greenhouse gas emissions across its value chain, including in its products and operations. The new target has been approved by the Science Based Targets initiative (SBTi), one of the key organizations focused on aligning corporate environmental sustainability action with the global goals of…
BCG Signs Carbon Removal and Consulting Agreement with 1PointFive
Boston Consulting Group (BCG) announced today a strategic agreement with 1PointFive, the Direct Air Capture (DAC)-focused subsidiary of energy giant Occidental (Oxy), including the purchase of 21,000 metric tons of carbon dioxide removal (CDR) credits over three years. In addition to the carbon removal purchases, BCG will collaborate with 1PointFive through consulting services, including on the development of business processes…
Apex Group Launches ESG Advisory and Reporting Unit
Financial services and solutions provider Apex Group announced today the launch of Holtara, a new ESG solutions subsidiary, combining the firm’s ESG advisory and reporting platform, focused on serving private markets clients. The launch of Holtara follows Apex’ acquisition last year of asset management service provider MJ Hudson’s Data & Analytics business, which included the firm’s ESG & Sustainability advisory…