RWE and Microsoft Sign 15-Year Agreements for 446 MW of Wind Energy in Texas

RWE’s onshore wind farms to support Microsoft’s goal of achieving 100% coverage of electricity consumption with renewable energy by 2025 RWE broke ground on the Peyton Creek II onshore wind farm in Texas and made the investment decision to build the Lane City project The two new onshore wind farms to expand RWE’s footprint in Texas […]

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Dow and Freepoint Eco-Systems Sign Deal to Convert Plastic Waste into Circular Products in North America

The supply agreement for 65,000 metric tons of circular feedstock advances the Companies’ shared goal to support a circular economy for plastics in North America.  Once completed, Freepoint Eco-Systems’ advanced recycling facility, to be built in Arizona, will be ISCC Plus-Certified and will recycle end-of-life plastic waste, otherwise destined for landfills or incineration, from the region.  As the […]

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Sustainalytics: UK’s New SDR Rules Increase Requirements for ESG Product Providers

The first phase of the U.K.’s Sustainability Disclosure Requirements (SDR), known as the anti-greenwashing rule, comes into effect at the end-of-May and will be followed by a series of substantial measures aimed at improving the transparency and naming convention of sustainable investment funds. It’s the most pivotal piece of legislation yet aimed at fostering environmental, […]

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EU approves 2 year delay for reporting obligations for certain sectors and third country companies

The Council has given its final approval to the directive on time limits for the adoption of sustainability reporting standards for certain sectors and third country undertakings, which amends the Corporate Sustainability Reporting Directive (CSRD) to give the companies concerned more time to apply European Sustainability Reporting Standards (ESRS). This is the last step in […]

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Global Electric Car Sales to Hit 17 Million in 2024, With Strong Adoption Predicted in China, US, and EU by 2030

Despite near-term challenges in some markets, based on today’s policy settings, almost 1 in 3 cars on the roads in China by 2030 is set to be electric, and almost 1 in 5 in both United States and European Union More than one in five cars sold worldwide this year is expected to be electric, […]

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Ziraat Bankasi AS Secures Record $1.7 Billion Sustainability-Linked Syndicated Loan

Ziraat Bank successfully renewed its sustainability-linked syndicated loan facility in the amount of USD 1.7 billion (USD 742 million and EUR 884 million) with 132% roll-over ratio. The syndication loan is renewed with strong demand from 70 banks in 32 countries, and became the largest and most widely participated one time and total sustainability-linked syndicated […]

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Roadmap to Gaza peace may run through Oslo

Salam Fayyad (left) in conversation with Tarek Masoud. Niles Singer/Harvard Staff Photographer Nation & World Roadmap to Gaza peace may run through Oslo Former Palestinian Authority prime minister says strengthening execution of 1993 accords could lead to two-state solution  Alvin Powell Harvard Staff Writer March 29, 2024 6 min read Former Palestinian Authority Prime Minister […]

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Top 5 Dutch Pension Funds Offer Billions for Energy Transition in Netherlands

The Netherlands’ five largest pension funds, representing a combined €900 billion ($975 billion) in assets, are offering to invest significant capital and expertise to expedite the country’s energy transition. This comes amid growing concerns about the state of the Dutch electricity grid and the Netherlands’ ability to meet its climate goals. Urgent Need for Investment […]

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Starbucks Verifies 6,000 Greener Stores in Over 40 Markets Across the Globe

Furthering its environmental promise, Starbucks verifies 6,000 Greener Stores in more than 40 markets globally  Company awards six new Greener Stores of the Year across international regions, celebrating stores at the intersection of sustainability and innovation  Starbucks has certified 6,091 Greener Stores, nearly doubling its portfolio in the past year, and a milestone achievement toward the […]

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Climate Vault Solutions Launches Innovative Climate Solutions Platform to Empower Businesses in Carbon Management

Software closes the climate data gap by providing companies with accessible and comprehensive carbon information to understand their risks and increase resilience Climate Vault Solutions, an award-winning leader in sustainable technology, announced the launch of its Climate Solutions Platform. The innovative software empowers organizations to accurately measure their Scopes 1, 2, and 3 corporate emissions, facilitating […]

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