Climate solutions provider ClimeFi announced that it has structured the first publicly announced transaction for carbon removal units aligned with the CRCF framework, the new EU standard for certification of carbon removal projects. Under the new transaction, Nasdaq and financial technology platform Adyen will receive CRCF-aligned carbon removal units from Beccs Stockholm, a bioenergy with carbon capture and storage (BioCCS)…

Environmental and energy data analytics company Kayrros announced today the launch of its Nature Impact Platform, designed to enable financial institutions to measure biodiversity risks and environmental impacts at the asset level and reduce biodiversity loss. Founded in 2016, Paris-based Kayrros develops environmental intelligence platforms that help financial institutions, corporates, governments and traders monitor activity such as emissions, energy production…

The Global Reporting Initiative (GRI) announced today the release of a series of new exposure drafts aimed at expanding and strengthening corporate reporting on pollution impacts and management, covering disclosure on topics including air and soil pollution, as well as critical incidents such as oil spills. GRI Sustainability Reporting Standards are one of the most commonly accepted global standards for…

Beauty and Health sector-focused sustainability data startup Fairglow announced today that it has raised €3 million (USD$3.5 million) in a seed funding round, with proceeds aimed at commercializing its software platform to help cosmetics companies measure, manage, and reduce product-level environmental impacts. Founded in 2023, France-based Fairglow provides a SaaS platform designed to enble cosmetics and health companies to measure,…

Guest post by: Toby Newman, CEO, Secaro What’s changed? The motivation for businesses to decarbonize supply chains has fundamentally shifted. Initially driven by values and customer pressure, there was a surge in net-zero pledges in 2020 and 2021. According to figures from the Science Based Target Initiative (SBTi), 727 companies had committed to setting net-zero targets by the end of 2021. And this was a…

This week in ESG news: Trump admin pays TotalEnergies $1 billion to stop building offshore wind projects in U.S.; Germany launches 2030 climate action plan; H&M sets science-based nature targets; India adopts cautious 2035 climate, clean energy goals; EFRAG to discuss voluntary sustainability reporting with large companies taken out of CSRD scope; New York governor looks to push back “unattainable”…

The government of India unveiled its new interim climate goals, including new approved targets to reduce economy-wide emissions intensity by 47% and to achieve 60% of electric power capacity from non-fossil-based sources by 2035. While the government said that the new targets were aligned with India’s long-term climate goal to reach net zero by 2070, environmental groups criticized the targets…

Decarbonization technology investment firm Climate Investment announced that it has raised $450 million for its Decarbonization Acceleration Fund (DAF), aimed at scaling commercially proven decarbonization solutions. The company said that DAF targets the commercialization and scale-up of technologies across emissions-intensive sectors, including energy, industry, transport and buildings, and is designed to provide the “missing middle” between early-stage venture funding and…

Radisson Hotel Group announced a new target, with the company aiming to reach 100 Verified Net Zero hotels globally by 2030, enabling travelers to experience net zero footprint stays, including 100% renewable energy, low carbon menus and minimal waste. The announcement marks the global rollout of Radisson’s Verified Net Zero Hotels (VNZ) program, transitioning from its 2025 pilot phase into…

The IFRS Foundation’s International Sustainability Standards Board (ISSB) announced today the publication of new exposure drafts with proposed amendments to three of its sector-focused SASB sustainability reporting standards, including those covering the Agricultural Products, Meat, Poultry & Dairy, and Electric Utilities & Power Generators sectors. The Sustainability Accounting Standards Board (SASB) was founded in 2011 with a mission to establish…