The Tokyo Metropolitan Government (TMG) announced plans to issue TOKYO Resilience Bonds, the first-ever certified climate resilience bonds, with proceeds aimed at funding projects to protect the city from natural disasters and the impacts of climate change. The TMG said that it expects to raise approximately JPY 50 billion (USD$330 million) from the resilience bond offering. According to the TMG,…

More than four out of five companies continued to increase their sustainability-related investments over the past year despite reduced pressure from some stakeholder groups, as executives report already seeing strong tangible benefits from their sustainability actions, including revenue growth and cost reductions, according to a new survey released by global professional services firm Deloitte. For the survey, Deloitte’s 2025 C-suite…

Class 3 Technologies, a startup developing advanced tools to assess climate risk for buildings, announced that it has raised $3.5 million in a seed funding round, with proceeds aimed at expanding its climate risk and resilience software for the built environment. Spun out of global built environment consultancy Arup, Class 3 has since launched Iris – a software platform that…

German steelmakers SHS – Stahl-Holding-Saar Group announced the completion of a €1.7 billion (USD$1.7 billion) financing package, aimed at funding its Power4Steel transformation project, a major decarbonization project advancing the company’s pathway towards producing climate-neutral steel. Steelmaking is one of the biggest emitters of CO2 globally, and one of the more challenging sectors to abate, with total greenhouse gas emissions…

Climate data solutions provider Greenly announced the launch of EcoPilot, its new platform aimed at simplifying and accelerating carbon accounting for companies, based on AI and language models technology. According to Greenly, the new platform automates complex tasks including collecting, structuring and processing carbon data, allowing users to automatically import physical inventory, accounting and logistics data, rapidly structuring the information…

The government of South Korea announced the release of its “Sustainable Aviation Fuel (SAF) Blending Mandate Roadmap,” introducing requirements for international departing flights to begin using fuel containing sustainable aviation fuel (SAF), beginning in 2027, and with SAF content set to increase over the next few years. Fuel accounts for the vast majority of the aviation sector’s emissions. Generally produced…

The LEGO Group revealed a series of measures that it is taking to phase out the use of natural gas at its production sites in order to reduce its greenhouse gas (GHG) emissions footprint. LEGO Group has set a series of climate goals, including targets to reach net zero emissions across the value chain by 2050 and to reduce carbon emissions by…

Brookfield Asset Management and energy solutions provider Bloom Energy announced the launch of a new strategic partnership, including plans for Brookfield to invest up to $5 billion to deploy Bloom’s fuel cell technology across its global AI datacenters. Founded in 2001, California-based Bloom Energy provides solutions for businesses and communities to meet energy demands through distributed generation of electricity and…

The California Air Resources Board (CARB), the regulator charged with developing and enforcing new regulations requiring large companies to disclose their value chain emissions and report on climate-related financial risks, revealed that it will push off the initial rulemaking for the new climate reporting regulation into early next year. According to the CARB notice, under the proposed updated timeline, the…

The UK’s Sustainability Disclosure Requirements (SDR) has started to reshape the sustainable investment landscape, forcing a higher standard of fund disclosure. But the uptake has been limited and there have been some “missed opportunities” in terms of labelling and delays, according to speakers at the SRI Services and Partners event for Good Money Week.  Responsible investment experts speaking at the event agreed…