Norway-based energy company Equinor announced that it has launched a civil lawsuit in a U.S. district court, challenging an order by the Trump administration’s Bureau of Ocean Energy Management (BOEM) to halt work on Empire Wind, a large-scale $5 billion offshore wind project off the coast of New York, anticipated to power 500,000 homes with renewable energy. The order –…

Global alternative asset manager TPG announce that it has made a majority investment in software company Trustwell through The Rise Funds, the multi-sector strategy within its global impact investing platform. Founded in 2023, Trustwell develops SaaS-based platforms used by food and beverage companies to manage regulatory compliance, supplier oversight, product development, nutrition labeling and traceability. The company draws on a…

Italian energy company Eni announced today the transfer of the business branch of its Refining Evolution & Transformation unit, which includes refineries and logistics businesses in Europe and the Middle East into a newly formed company, Eni Industrial Evolution S.p.A. According to the company, the transaction forms part of its “strategy to ensure a fully decarbonized energy offering both in production…

HSBC announced the appointment of Chaoni Huang as Managing Director and Head of Sustainable Finance and Transition for its Asia business. Huang joins HSBC after more than six years at BNP Paribas, most recently serving as Managing Director, Head of Sustainable Capital Markets, Global Markets APAC, and she has also held sustainable finance and ESG-related roles at firms including Natixis,…

China’s Ministry of Finance, alongside several other of the country’s ministries, central bank, and regulators, announced the release of its new “Corporate Sustainable Disclosure Standard No. 1 – Climate (Trial),” a new standard, aligned with the IFRS Foundation’s climate reporting standard, aimed at enabling companies to report on climate-related risks, opportunities and impacts, and to support China’s green development goals….

Denmark-based energy developer Ørsted announced today that its Revolution Wind joint venture with Skyborn Renewables has filed a complaint in a U.S. District Court challenging an order by the Trump administration’s Bureau of Ocean Energy Management (BOEM) to halt work on the nearly complete multi-billion dollar offshore wind project off the coast of Rhode Island, only weeks before it was…

Electric utility Dominion Energy filed a suit asking a federal court to block an order by the Trump administration’s Bureau of Ocean Energy Management (BOEM) to halt work on a major Virginia offshore wind project, after the company has already invested nearly $9 billion in the project, which was expected to begin generating electricity for consumers in early 2026. The…

UK supermarket retailer Morrisons announced a new series of climate targets, including a commitment to achieve net zero greenhouse gas (GHG) emissions across its full value chain by 2050. The new targets mark a significant update to Morrisons’ climate goals, which had previously included a commitment to achieve net zero emissions from its own operations by 2035. While the Scope…

Dutch energy solutions provider FincoEnergies announced that mining and commodities giant Glencore has agreed to acquire a majority stake in the company. Founded in 2013 by energy investment company Coloured Finches, Netherlands-based FincoEnergies provides fuels, biofuels and decarbonization services for the transport and industry sectors, including products and services aimed at helping companies to calculate and reduce their direct and…

Renewable energy developer Renewco Power announced that it has raised £29 million through new investments, with proceeds aimed at advancing its wind and solar projects throughout Scotland and the UK, and to accelerate the transition to clean energy across its key European markets. The funding round included a £20 million investment from Scotland’s development bank and impact investor, the Scottish…