Climate solutions provider Watershed announced the launch of Watershed agents, providing new AI tools to enable sustainability teams to significantly accelerate data cleaning and analysis. According to Watershed, the new AI tools are being introduced to address a key challenge facing sustainability teams, with data management requiring substantial time investment to collect, clean, aggregate, analyze and report on data. Founded in…

Environmental group Friends of the Earth Netherlands (Milieudefensie) announced that it is launching a new court case against Shell, following up on its initial case which resulted in a ruling – subsequently overturned on appeal – requiring the energy giant to slash its emissions, including those from its customers’ use of products. In the new case, Milieudefensie said that, based…

Cleantech startup Exergy3 announced that it has raised £10 million (USD$13.5 million) in a seed funding round, with proceeds to be used to scale its technology designed to address 2 key energy challenges by converting surplus renewable power into clean industrial heat. Industrial heating uses high amounts of energy, often from fossil fuel-based sources, in order to transform materials into…

Paris-based asset manager Eiffel Investment Group announced the launch of Eiffel Short Term Green Bonds, a new short-duration euro-denominated bond fund investing primarily in green bonds issued by companies in developed countries. According to Eiffel, the new fund, classified as Article 9 under the SFDR regulation, is intended to offer investors with a short-term investment solution combining a defensive risk…

Most businesses are reframing their communication on their net zero action to focus on resilience and risk mitigation in response to climate skepticism in media and politics, yet a large majority remain committed to their climate actions, with most anticipating risk and opportunity benefits, and also expect net zero to return as a political priority in the future, according to…

Snacking, food, and pet care products provider Mars and ingredients supplier ofi (olam food ingredients) announced the launch of a new joint cocoa agroforestry partnership, aimed at accelerating climate-smart and regenerative agriculture practices in cocoa production in Ecuador, across the companies’ shared cocoa supply chain. According to the companies, the new collaboration will help to reduce the carbon footprint for…

Carbon removal measurement, reporting, and verification (dMRV) platform Mangrove Systems announced the acquisition of operating assets from biochar-focused digital solutions provider Grain Ecosystem. Biochar is emerging as an increasingly popular carbon removal solution, offering benefits including long-term carbon storage, scalability due to abundant biomass availability, relatively low cost compared to other CDR technologies, and agricultural advantages. Biochar, or biological charcoal,…

Guest post by: Kateryna Sergieieva, Data Scientist at EOS Data Analytics Satellite image of Rueda, Spain In today’s world, sustainability is a term used frequently. Scarcity of resources and the effects of climate change highlight the need to transform business processes. A clear commitment is essential, and many stakeholders are no longer satisfied with self-reported disclosures. To comply with credible…

Staff members at the IFRS Foundation’s International Sustainability Standards Board (ISSB) have recommended that the organization take an approach on setting requirements and guidance for nature-related disclosures that would focus on the development of a non-mandatory “Practice Statement,” rather than the development of a standalone mandatory standard. In the recommendation, which has raised concerns by environmental groups, the ISSB staff…

Battery recycling startup Renewable Metals announced that it has raised $12 million in a Series A funding round, aimed at accelerating the commercial deployment of its next-generation lithium-ion battery recycling solution. Founded in 2020 by a team of expert West Australian metallurgists, Renewable Metals has developed a solution to recover critical minerals from old batteries to enable their re-use, with…