Reel Raises €15 Million to Improve Energy Transition Economics Companies, Power Producers
Denmark‑based electricity supplier Reel announced a €15 million ($17.6 million) Series A round to broaden its renewable procurement and energy‑management platform. The funding, led by Future Energy Ventures, will finance a market entry into Germany, Europe’s largest power market, and expand its commercial team. Reel’s suite—renewable PPAs, algorithmic trading, and hybrid‑asset optimisation—aims to give corporations cost certainty while boosting returns for wind, solar and battery developers. The raise underscores growing investor appetite for tools that de‑risk the energy transition.
PepsiCo to Deploy Green Hydrogen-Based Fertilizer to Decarbonize European Food Supply Chain
PepsiCo and Spanish chemicals firm Fertiberia have signed a multi‑year deal to supply up to 150,000 tons of green‑hydrogen‑based fertilizer each year for PepsiCo’s European farms. The partnership will initially cover about 400,000 acres in France, Romania, Serbia, Greece, Turkey and...
AI Governance Is Becoming a Supply Chain Risk — Not Just an ESG Issue
Suppliers are rapidly embedding AI across procurement, logistics, production planning, and compliance, exposing buying firms to decisions made by systems they don’t own. This creates a blind spot in traditional ESG and third‑party risk frameworks, which lack mechanisms to assess...
EU Approves State Plans to Compensate Companies for Carbon Pricing Costs to Keep Them From Relocating
The European Commission approved compensation schemes in Austria and Spain to offset higher electricity costs caused by the EU Emissions Trading System. Austria will provide up to €900 million (about $970 million) in refunds covering up to 75% of ETS‑related emissions costs,...
Persefoni Launches Agentic AI to Help Companies Analyze Carbon Footprint
Persefoni, a sustainability‑software firm, unveiled the Persefoni Analytics Agent, an agentic AI feature that lets users query emissions data with plain‑language prompts. The tool instantly creates charts, tables, and visual explanations, streamlining carbon‑footprint analysis for corporations and financial institutions. By...
Germany Invests €5 Billion to Decarbonize Energy Intensive Industries
Germany's Federal Ministry for Economic Affairs and Energy launched the 2026 round of its contracts‑for‑difference (CCfD) scheme, earmarking up to €5 billion (about $5.45 billion) to subsidize decarbonisation projects in energy‑intensive industries. The auction‑based program offers variable subsidies that bridge the cost...
Ameresco, HASI Launch $1.8 Billion Biofuels Platform
Ameresco and HA Sustainable Infrastructure Capital (HASI) have launched Neogenyx Fuels, a joint‑venture valued at $1.8 billion post‑money. HASI will invest $400 million, including $300 million earmarked for platform growth, while Ameresco contributes its existing biofuels business and retains a 70% stake. The...
Peter Thiel Leads $140 Million Capital Raise for Panthalassa to Power AI Computing Using Ocean Waves
Panthalassa, an ocean‑technology firm, secured a $140 million Series B round led by Peter Thiel and PayPal to scale its wave‑powered AI computing nodes. The financing will fund a pilot manufacturing plant near Portland and the launch of the Ocean‑3 fleet in the...
EU Commission Says Simplification of EUDR Deforestation Law Will Cut Costs for Companies by 75%
The European Commission released a simplification review of the EU Deforestation Regulation (EUDR), showing that compliance costs have dropped about 75%, from roughly €8.1 billion ($8.9 billion) to €2.0 billion ($2.2 billion) per year, mainly due to eased rules for small firms. The review...
Arcadia Acquires Engie Impact to Create Unified Energy Intelligence Platform
Arcadia, a Washington‑based energy data platform, announced the acquisition of Engie Impact, the utility expense and sustainability arm of French power giant Engie. The combined entity will serve more than 1,500 customers—including 25% of the Fortune 500—and manage roughly $100 billion in...
Solaria Raises €300 Million to Build Out Renewables, Storage, Data Center Infrastructure Platform
Spanish clean‑energy developer Solaria Energia announced a €300 million ($350 million) equity raise, representing 10% of its share capital. The capital will accelerate its multi‑gigawatt pipeline of solar, battery storage, and data‑center infrastructure across Europe. Solaria highlighted that the offering was 6.7...
Octopus Invests $500 Million in U.S. Reforestation-Based Carbon Removal Projects
Octopus Energy Generation is investing $500 million in Living Carbon’s U.S. reforestation projects and taking a $13 million equity stake, targeting the removal of up to 50 million tons of CO₂ over the next four decades. The partnership follows recent reports that Microsoft...
ROSI Raises $23 Million to Scale Solar Panel Recycling Capacity
French cleantech firm ROSI announced a €20 million ($23 million) Series B raise to expand its high‑value photovoltaic‑module recycling business across Europe. The funding backs a new 10,000‑ton‑per‑year plant in Teruel, Spain, complementing its existing ROSI Alpes facility. The company’s process extracts high‑purity...
Nordea Awarded €1 Billion ESG-Focused Covered Bond Mandate by ABN AMRO
Nordea Asset Management has won a nearly €1 billion (≈$1.09 billion) ESG‑focused European covered bond mandate from ABN AMRO Investment Solutions. The strategy, named ABN AMRO Nordea European Covered Bonds, will be run by Nordea’s Fixed Income Rates Team and classified as an Article 8 product...
NYC Pension Funds Cut Portfolio Carbon Footprint in Half
New York City’s three public pension systems, managing roughly $300 billion, reported a 48.13% weighted‑average cut in financed Scope 1‑2 greenhouse‑gas emissions by the end of fiscal year 2025. The reduction exceeds each fund’s interim targets and comes alongside full compliance from public‑markets...
Kompas VC Raises €160 Million to Back Industrial Productivity and Decarbonization Startups
Kompas VC closed its second fund with €160 million (≈$187.5 million) to back early‑stage startups tackling industrial productivity, resilience and decarbonization. The Denmark‑based firm will target up to 25 companies across manufacturing, energy, logistics and the built environment, focusing on AI, robotics...
IBM Launches Solution to Embed GHG Emissions Calculations Into Existing Systems
IBM announced the general availability of the IBM Envizi Emissions API, a tool that embeds GHG Protocol‑aligned emissions calculations into existing enterprise systems. The API draws on Envizi’s extensive emissions factor catalog to deliver real‑time, traceable Scope 1, 2 and 3 data without...
Aviva Investors, Climate Impact Partners Launch Forest Project to Remove up to 6 Million Tonnes of Carbon
Aviva Investors and Climate Impact Partners have launched the Llanos Vivos afforestation project in Colombia’s Vichada region, covering up to 13,600 hectares of degraded grassland. The first phase aims to remove more than 2.4 million tonnes of CO₂, with the full...
BTG Pactual TIG Raises Over $1.2 Billion for Reforestation and Restoration Strategy
BTG Pactual Timberland Investment Group closed its Latin American Reforestation Strategy with $1.24 billion in commitments, creating the largest known reforestation fund to date. The initiative will protect and restore over 660,000 acres across Brazil’s Cerrado and other regions, having already...
FCA to Pilot Reporting Requirements for ESG Ratings Providers
The UK Financial Conduct Authority has invited ESG rating providers to join a pilot program testing a new reporting regime. The pilot follows the FCA’s December proposal, which outlines mandatory disclosures on rating objectives, methodology, scale, and coverage. Participants will...
Achmea Publishes Climate and Nature Transition Plan
Achmea, the Dutch insurer and financial services group, unveiled its Climate and Nature Transition Plan 2026, expanding its 2022 climate‑only roadmap to include biodiversity. The plan commits the firm to net‑zero greenhouse‑gas emissions across its operations and value chain by...
Multi-State Coalition Warns Moody’s, S&P, Fitch Over Use of ESG in Credit Ratings
A coalition of 23 state attorneys general sent a joint letter to Moody’s, S&P Global Ratings and Fitch, accusing the agencies of breaching federal and state laws by embedding ESG considerations into credit ratings. The AGs allege that ESG‑driven downgrades...
GHG Protocol Appoints Tim Mohin as First CEO
GHG Protocol, the leading global greenhouse‑gas accounting body, announced Tim Mohin as its first chief executive officer. The new role is introduced as the organization updates key standards and deepens a partnership with ISO to harmonize emissions reporting. Mohin brings...
Bezos Earth Fund Channels $34 Million to Sustainable Fashion Tech
The Bezos Earth Fund announced a $34 million grant program to accelerate sustainable‑fabric innovation, targeting the fashion sector’s massive environmental footprint. Funding will flow to Columbia University, UC Berkeley, Clemson University and the Cotton Foundation to develop biodegradable fibers, spider‑silk‑inspired materials, and...
Meta Signs Deal to Power Data Centers at Night with Solar Energy From Space
Meta announced a partnership with Virginia‑based satellite startup Overview Energy to tap space‑based solar power for its AI‑driven data centers in the United States. The deal gives Meta early access to up to 1 GW of capacity, with an orbital demonstration...
World Bank Launches $120 Million Ecosystem Restoration Bond Backed by Amazon Carbon Removal Deal
The World Bank raised $120 million through a new Spekboom Restoration Outcome Bond, the institution’s longest‑dated outcome bond maturing in 2040. The bond combines principal protection, a fixed coupon and extra returns tied to carbon credit sales under an Amazon offtake...
Amundi to Manage New €3 Billion EU-Backed Green Bond Blended Finance Fund
Amundi has been selected to manage the EU‑backed Global Green Bond Initiative (GGBI) Fund, a blended‑finance vehicle targeting up to €3 billion ($3.24 billion). The fund will combine roughly €1 billion ($1.08 billion) of equity from multilateral development banks with a goal of crowding...
Amazon-Backed Nuclear Tech Company X-Energy Raises Over $1 Billion in IPO
X-Energy, an Amazon‑backed nuclear technology firm, completed an IPO that raised more than $1 billion by selling 44.3 million shares at $23 each. The offering was oversubscribed, prompting an upsizing from the planned 42.9 million shares and pricing well above the $16‑$19 range...
AllianzGI Acquires Majority Stake in Battery Storage Platform GESI
Allianz Global Investors has purchased a 51% stake in Germany’s Green Energy Storage Initiative (GESI), marking its second major battery‑storage investment this year. GESI is developing three utility‑scale projects with a combined grid‑connection capacity of roughly 2.6 GW, slated for commissioning...
Decade Energy Raises €22 Million to Scale Fleet Electrification Infrastructure Platform
Paris‑based Decade Energy announced a €22 million (≈$26 million) financing round to scale its electric‑truck depot infrastructure platform and enter new European markets. The capital will fund battery‑energy‑storage systems, solar‑powered chargers and its energy‑optimization software, while expanding operations into Germany, the Nordics...
Lime Rock New Energy Raises $640 Million for Energy Transition Private Equity Fund
Lime Rock New Energy announced the final close of its second fund, raising $640 million—well above its $500 million target and twice the size of Fund I. The capital will be deployed into high‑growth companies that accelerate the energy transition across renewables, grid...
GM Achieves 100% Renewable Electricity Goal in U.S.
General Motors announced it achieved its 2025 target of powering every U.S. facility with 100% renewable electricity, becoming the first U.S. automaker to do so. The milestone follows two accelerations of the original 2050 deadline and pushes the company’s global...
DSV, United Airlines, Microsoft and Phillips 66 Ink Sustainable Aviation Fuel Deal
Global logistics firm DSV has struck a partnership with United Airlines, Microsoft and Phillips 66 to secure up to 41.6 million liters of sustainable aviation fuel (SAF). The deal, certified by ISCC and tracked via the SAFc Registry, is expected to cut...
Watershed Launches New AI Agents to Clean “Messy” Sustainability Data
Watershed, a climate‑solutions platform, unveiled AI‑driven agents that clean and structure messy sustainability data. The agents automate unit conversions, duplicate removal, missing‑value handling and can produce disclosure‑ready ESG reports with suggested decarbonization actions. Alongside the tools, Watershed launched an eight‑week...
Shell Faces New Climate Lawsuit Over Oil & Gas Drilling, Emissions
Friends of the Earth Netherlands (Milieudefensie) has filed a new lawsuit against Shell, demanding the energy giant stop developing new oil and gas fields and progressively cut emissions between 2030 and 2050. The case builds on a 2021 Dutch court...
Eiffel Launches New Short Term Green Bond Fund
Paris‑based Eiffel Investment Group has launched Eiffel Short Term Green Bonds, a euro‑denominated short‑duration fund classified as Article 9 under the EU SFDR. The fund targets at least 75% green‑bond exposure, aims to beat the €STER benchmark by 0.10% over a...
Apple Avoids Over 26 Million Tons of Emissions Through Use of Clean Energy in Supply Chain
Apple’s 2025 Environmental Progress Report shows its supplier‑clean‑energy program grew renewable capacity to 20.7 GW, a 10% rise from the prior year and more than double the 2021 level. The expanded clean‑energy procurement avoided over 26 million metric tons of CO₂e, with...
BTG Pactual TIG Raises $370 Million for Latin America Timberland Strategy
BTG Pactual Timberland Investment Group announced a $370 million first close for its new core Latin America timberland strategy, targeting large‑scale, sustainably managed forests in Chile, Uruguay and Brazil. The firm aims to deploy $1.5 billion over the next five years, adding...
Exomad Green, Supercritical Sign 500,000-Ton Biochar Carbon Removal Agreement
Exomad Green and carbon‑removal marketplace Supercritical have sealed a three‑year agreement for up to 500,000 tons of biochar carbon removal (BCR) credits sourced from Exomad’s Bolivian facilities. The deal locks in Supercritical’s 2026 inventory and allocates credits for 2027‑2028, adding to...
Glass Lewis Launches New Climate Strategy Assessment Solution for Investors
Glass Lewis has introduced Climate Intelligence, a forward‑looking climate strategy assessment covering about 4,000 companies. The product evaluates the credibility, feasibility and investability of each firm’s transition plan, turning climate strategy into quantifiable investment inputs. It expands the proxy‑advisor’s portfolio beyond...
EBA Proposes Major Simplification of ESG Supervisory Reporting Requirements for Banks
The European Banking Authority (EBA) has unveiled a draft overhaul of its ESG supervisory reporting framework, stripping out several EU Taxonomy templates and introducing a three‑tier, proportionality‑based regime. Large banks (assets over €30 billion) will retain most Pillar 3 disclosures plus two...
Goldman Sachs-Backed LRQA Acquires Responsible Sourcing Advisory Partner Africa
London‑based assurance provider LRQA, backed by Goldman Sachs, announced the acquisition of Partner Africa, a UK‑origin NGO that specializes in social auditing and responsible sourcing across the continent. The deal marks LRQA’s first transaction in the EMEA region and adds...
EU Approves €5 Billion German and Czech Carbon Removal, Green Fuel Plans
The European Commission approved a €5 billion ($5.4 billion) climate‑focused state‑aid package, comprising a €1.3 billion ($1.4 billion) German program to rewet peatlands and a €3.7 billion ($4.0 billion) Czech scheme to expand sustainable biomethane production. Peatland rewetting targets the 7 % of EU emissions caused by...
Ahold Delhaize to Introduce Product Carbon Footprinting
Ahold Delhaize announced a rollout of product carbon‑footprinting (PCF) tools to measure emissions of every item it sells. The retailer says roughly 95% of its greenhouse‑gas impact lies in Scope 3, with 80% tied to product emissions, prompting a target to cut...
ISO, GHG Protocol Launch Working Group to Develop Unified Product-Level GHG Accounting Standard
ISO and the Greenhouse Gas Protocol have established a Joint Working Group to create a unified product‑level greenhouse‑gas accounting standard. The effort builds on their strategic partnership launched last year to reduce fragmentation in emissions measurement. The group attracted more...
Makersite Acquires Product Carbon Footprint Platform SiGREEN From Siemens
Makersite, a German supply‑chain intelligence firm, announced the acquisition of Siemens’ SiGREEN platform, a product carbon footprint and data‑exchange solution. SiGREEN uniquely connects the Together for Sustainability, Catena‑X and PACT frameworks, enabling verified emissions data sharing across global suppliers. The...
Stegra Secures $1.7 Billion Financing to Rescue Green Steel Project
Swedish green‑steel pioneer Stegra secured a €1.4 billion ($1.5 billion) financing round, led by a €250 million ($273 million) equity investment from Wallenberg Investments and a consortium that includes Temasek and IMAS. The capital gives Stegra a fully funded path to complete its 5 million‑tonne‑per‑year...
Triodos IM, Fondaction Launch New €300 Million Natural Capital Fund
Triodos Investment Management and Fondaction Asset Management have launched the Value Nature Fund I, a closed‑end natural capital vehicle targeting a €300 million (~$351 million) fund size. The fund, seeded with a C$25 million (~$18 million) commitment from Fondation, will invest in regenerative agriculture...
JPMorgan Signs 85,000 Ton Forest-Based Carbon Removal Deal
JPMorgan Chase has agreed to buy more than 85,000 tons of carbon removal credits from Anew Climate and Aurora Sustainable Lands. The credits originate from the Little Bear Forestry Project, an improved‑forest‑management initiative across U.S. lands in West Virginia and...
Standard Chartered Appoints Nalini Tarakeshwar as Global Head of Standard Chartered Foundation
Standard Chartered has named Nalini Tarakeshwar as Global Head of its Standard Chartered Foundation and corporate philanthropy. The Foundation, launched in 2019, focuses on reducing inequality by improving employability and entrepreneurship for underserved youth, particularly women. Tarakeshwar, who spent more...