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…
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…
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…
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…
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 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 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…
Cleantech company Utility Global announced that it has raised $100 million in a Series D funding round, with proceeds aimed at scaling its hydrogen technology-based platform to decarbonize hard-to-abate industries. Founded in 2018, Houston, Texas-based Utility Global provides solutions aimed at decarbonizing sectors such as steel, mobility, refining, chemicals, and upstream oil & gas with cleaner and more efficient alternatives…