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Diginex Acquires Carbon Accounting Platform Plan A for $64 Million

Diginex Acquires Carbon Accounting Platform Plan A for $64 Million

Sustainability RegTech company Diginex announced a definitive agreement to acquire carbon measurement, reporting and reduction software provider PlanA.earth GmbH (Plan A), in a move aimed at expanding its capabilities to provide end-to-end ESG reporting and sustainability solutions. As part of the agreement, Diginex will pay total consideration of €55 million (USD$64 million), including €55 million in shares and €3 million…

U.S. Clean Energy Platform Aspen Power Raises $200 Million from Deutsche Bank

U.S. Clean Energy Platform Aspen Power Raises $200 Million from Deutsche Bank

Clean energy platform Aspen Power announced today the closing of a $200 million capital raise provided by Deutsche Bank, with proceeds from the financing aimed at accelerating its development of distributed solar and storage projects across the U.S. Founded in 2020, New York-based Aspen Power is a distributed energy generation platform focused on helping to decarbonize the grid and provide…

Meta Unveils Series of Major Nuclear Energy Deals to Power U.S. Data Centers, Support Clean Energy Goals

Meta Unveils Series of Major Nuclear Energy Deals to Power U.S. Data Centers, Support Clean Energy Goals

Facebook, Instagram, and WhatsApp owner Meta announced that it has signed a series of large-scale nuclear power agreements, supporting up to 6.6 GW of energy by 2035 and enabling the social media and technology giant to help meet the energy demand of its rapidly growing data center footprint in the U.S., while maintaining progress on its clean energy and sustainability…

Short Term Is A Problem

When one is looking at recent health and safety disasters, it’s best to start with the root of the problem: profit.  Of course, even outfits that call themselves non-profit have to take in at least as much as they spend.  Profit becomes a problem when, especially in the short term, it becomes the only consideration. Concerns over short term profit…

ESG Today: Week in Review

ESG Today: Week in Review

This week in ESG news: China releases corporate climate reporting standard; Trump pulls U.S. out of major UN climate treaty; JPMorgan stops using proxy advisors for voting, using new AI platform instead; Philippines launches mandatory sustainability reporting standards; Standard Chartered raises €1 billion in inaugural green bond offering; Ørsted, Equinor sue Trump administration for halting near-complete, multi-billion dollar offshore wind…

Meta Signs Deal with Bill Gates’ TerraPower to Build up to 8 Advanced Nuclear Reactors in U.S.

Meta Signs Deal with Bill Gates’ TerraPower to Build up to 8 Advanced Nuclear Reactors in U.S.

Nuclear technology company TerraPower and Facebook, Instagram, and WhatsApp owner Meta announced a new agreement to build up to 8 advanced nuclear reactors utilizing TerraPower’s “Natrium” technology, supporting Meta’s growing energy needs and sustainability goals with a new source of as much as 2.4 GW of carbon-free energy. Launched in 2008 by Bill Gates, Nathan Myhrvold and Gilleland, TerraPower is…

Equitable Earth Raises $14.7 Million to Advance Certification Standard for Nature-Based Carbon Projects

Equitable Earth Raises $14.7 Million to Advance Certification Standard for Nature-Based Carbon Projects

Carbon markets-focused standard platform Equitable Earth announced today that it has raised €12.6 million (USD$14.7 million) in a new funding round, with proceeds from the financing aimed at supporting the expansion of its certification programme for nature-based carbon projects. Founded in 2020, Paris-based Equitable Earth aims to provide a global standard for conservation and restoration projects on the carbon markets….

Diginex Acquires Supply Chain Human Rights Advisory Firm The Remedy Project

Diginex Acquires Supply Chain Human Rights Advisory Firm The Remedy Project

Sustainability RegTech company Diginex announced that it has completed the acquisition of The Remedy Project Limited, an advisory and research company specializing in labor and human rights in global supply chains. According to Diginex, the acquisition comes as demand growing global demand for human rights due diligence in supply chains, driven by increasingly stringent regulations, such as the EU’s Corporate…

Amazon Business Store Enables Sellers to Display EcoVadis Sustainability Performance

Amazon Business Store Enables Sellers to Display EcoVadis Sustainability Performance

Business sustainability ratings and solutions provider EcoVadis and Amazon announced a new feature on the Amazon Business B2B marketplace, allowing sellers to display their EcoVadis medals or badges on their profiles as a key search criteria for buyers. According to the companies, the new feature is being launched in response to growing buyer demand for supply chain transparency and to…