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Airbus, Qantas Back $30 Million Financing for SAF Developer Jet Zero

Airbus, Qantas Back $30 Million Financing for SAF Developer Jet Zero

Sustainable aviation fuel (SAF) and renewable diesel (RD) project developer Jet Zero Australia announced today that it has raised $30 million in a new funding round, with proceeds from the financing aimed at advancing the company’s Project Ulysses, a commercial-scale SAF and RD refinery in Townsville, Australia. Founded in 2021 North Queensland by Ed Mason, Jet Zero develops and operates…

UK Proposes Major Overhaul of Corporate Sustainability Reporting Requirements

UK Proposes Major Overhaul of Corporate Sustainability Reporting Requirements

The UK government announced on Monday the launch of a major overhaul of its corporate reporting system, including significant potential changes to non-financial disclosure requirements by companies, such as proposals to remove mandatory reporting on issues including environmental impact, employee diversity, social responsibility, and human rights from its core law governing corporate reporting. While the new consultation notes that reporting…

Aviva Investors hires head of sustainable equities

Aviva Investors has strengthened its equities team with the hires of a new head of sustainable equities, as well as a head of equity research. Luciano Lilloy has joined from Impax Asset Management to take the role of head of sustainable equities, which is a newly created role at Aviva Investors. Tasked with developing the firm’s sustainable equities capabilities, he…

Stop treating wildfire as an emergency – treat it as a diagnosis

New York watches its skies turn grey with smoke from wildfires ravaging Canada’s forests. Bordeaux and Madrid count the cost of wildfires mere kilometres from their doors. Meanwhile, more than 200 wildfires were reported in England and Wales in the past fortnight. In the past five years, global insurers’ losses due to climate change have doubled compared with the previous…

Eurazeo-backed T1A Acquires Flex IT to Form €150 Million Circular IT Platform

Eurazeo-backed T1A Acquires Flex IT to Form €150 Million Circular IT Platform

Circular IT solutions provide T1A announced today the acquisition of sustainable hardware solutions provider Flex IT, in a transaction described by the companies as aimed at building a leading European circular IT platform, with revenues of approximately €150 million (USD$174 million). The transaction is backed by French investment firm Eurazeo’s impact buyout fund Eurazeo’s Planetary Boundaries Fund (EPBF), which acquired…

ESG Today: Week in Review

ESG Today: Week in Review

This week in ESG news: Green bond issuance hits new record in Q2 2026; 16 U.S, states warn Big 4 accounting firms over “pushing” climate-related reporting; UN report says goal limiting climate change to 1.5°C out of reach; U.S. judge blocks New York’s $75 billion plan to charge oil companies for climate change costs; California releases guidance for companies about…

Revaia Hires Marc-Etienne Mercadier to Co-Lead New Energy Transition Fund

Revaia Hires Marc-Etienne Mercadier to Co-Lead New Energy Transition Fund

Technology-focused growth investment firm Revaia announced the appointment of Marc-Étienne Mercadier as Partner to co-lead the firm’s debut energy fund. The new hire follows the appointment in late 2025 of Jean-Patrice Bellier as Partner to launch the new energy transition fund, with responsibility for assembling a team and deploying the fund’s investment strategy. Mercadier and Bellier will co-lead Revaia’s energy…

UK Loans Over $500 Million to Tropical Forest Preservation Fund

UK Loans Over $500 Million to Tropical Forest Preservation Fund

The Uk government announced plans to invest in the Tropical Forests Forever Facility (TFFF), a Brazil-led fund aimed at financing the protection of tropical forests globally through a new £400 million (USD$540 million) loan. Launched in November 2025 at the COP30 climate summit in Belem, Brazil, the TFFF was designed to provide a mechanism to provide long-term, predictable financing to…

HSBC Appoints Nneka Chike-Obi as Head of Sustainability for Global Investment Research

HSBC Appoints Nneka Chike-Obi as Head of Sustainability for Global Investment Research

HSBC announced the appointment of Nneka Chike-Obi as its new Head of Sustainability within HSBC Global Investment Research. Based in Hong Kong, Chike-Obi will be responsible for leading the firm’s global team of sustainability analysts. Chike-Obi takes on her new role after joining HSBC in December 2025 as Director, Sustainability – Global Investment Research. Prior to joining HSBC, she worked…

Microsoft Pilots New Maritime Sustainable Fuel Book & Claim Purchase with Norden

Microsoft Pilots New Maritime Sustainable Fuel Book & Claim Purchase with Norden

Global ocean-based shipping company Norden announced the completion of a new pilot transaction with Microsoft, marking the first delivery of verified emissions reduction by a maritime carrier through the RSB Book & Claim Registry. Launched in 2022 by the Roundtable on Sustainable Biomaterials (RSB) with an initial focus on aviation, the RSB Book & Claim system was created to help…