280 Earth Launches Oregon’s First Direct Air Capture Plant, Secures $50M in Series B Funding

280 Earth, Inc. announced that it has completed construction and started operating a direct air capture (“DAC”) facility to remove carbon dioxide (CO2) directly from the atmosphere, mitigating climate change. The captured CO2 can be permanently sequestered underground or used as a feedstock for industrial uses such as synthetic fuels, carbon negative concrete, or food […]

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SBTi Announces Major Revision of Corporate Net-Zero Standard, Outlines Objectives and Timeline

The Science Based Targets initiative (SBTi) has released the Terms of Reference of the major revision to the Corporate Net-Zero Standard outlining the objectives, scope, deliverables, provisional timeline, and opportunities for engagement during the standard revision process. The development of the Corporate Net-Zero Standard Version 2.0 will be conducted according to the Standard Operating Procedure (SOP) for the […]

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Columbia Business School Launches Tamer Institute for Social Enterprise and Climate Change with Major Donation

The Tamer Institute for Social Enterprise and Climate Change Will Address Urgent Need for Business Climate Research and Education Columbia Business School announced the establishment of the Tamer Institute for Social Enterprise and Climate Change, a transformative new campus institute that will address the immediate need for climate research and education in business to accelerate […]

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DuVernay on exploring racism, antisemitism, caste in ‘Origin’

Ava DuVernay. Photos by Martha Stewart Arts & Culture DuVernay on exploring racism, antisemitism, caste in ‘Origin’ Despite horrors, film ‘a collection of love stories’ Clea Simon Harvard Correspondent April 25, 2024 4 min read In a talk at the Kennedy School Wednesday, award-winning filmmaker and screenwriter Ava DuVernay said the impetus for her latest […]

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Taiwan sees warning signs in weakening congressional support for Ukraine

Ambassador Alexander Tah-ray Yui with Anthony Saich. Niles Singer/Harvard Staff Photographer Nation & World Taiwan sees warning signs in weakening congressional support for Ukraine Ambassador says if Russia is allowed to take over sovereign nation, China may try to do same Christina Pazzanese Harvard Staff Write April 5, 2024 4 min read Taiwan’s top U.S. […]

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TNFD Announces Leadership Changes and Appointment of Senior Advisory Group

Due to the demands of her role as Assistant Secretary-General of the United Nations and Deputy Executive Director of the United Nations Environment Program (UNEP), the Taskforce on Nature-related Financial Disclosures (TNFD) announced today that Mrs Elizabeth Maruma Mrema is stepping down from her role as TNFD Co-Chair. The process of identifying and selecting a […]

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Denmarks Industriens Pension weaves MSCI Climate Action Indexes into foreign equities benchmark

As part of the plans to lower the climate footprint from the investments, Industriens Pension is now introducing a new climate-related benchmark, which partly sets the direction for the foreign shares. When the investment people behind Industriens Pension’s foreign shares have to measure their performance in the future, they will largely be assessed in relation […]

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Deutsche Bank Links Management Pay to Decarbonization Goals in Sustainability Push: Deutsche Bank’s 2023 Report

2023 Non-Financial Report: further progress on sustainability Management Board compensation linked to decarbonization targets Net-zero targets for seven carbon-intensive sectors, covering 54% of financed emissions of the corporate loan book In-house (Scope 1 and 2) carbon emissions down 71% since 2019, with 97% of electricity from renewable sources Sustainable finance and ESG investment volumes rise […]

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Recycle Player One: Virgin Media O2 Launches Console Recycling Scheme

With new research revealing there are around 18 million* unused consoles stashed in cupboards and drawers across the UK, Virgin Media O2 is giving Brits a ‘power-up’ so they can trade in their unwanted devices for cash and prevent electronic waste (e-waste). O2 Recycle has expanded to include popular gaming systems from PlayStation, Xbox, Oculus and […]

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BlackRock to purchase Portland Natural Gas Transmission System from TC Energy for $1.14 Billion

Generates pre-tax cash equity proceeds of approximately $740 million (US$545 million) net to TC Energy Transaction implies a valuation multiple of approximately 11.0 times 2023 comparable EBITDA Progresses toward $3 billion asset divestiture and 4.75 times debt-to-EBITDA targets in 2024 TC Energy Corporation and its partner Northern New England Investment Company, Inc., a subsidiary of Énergir […]

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