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Sphera secures significant investment from Neuberger Berman for growth. Blackstone-backed Sphera announced a growth investment from Neuberger Berman Capital Solutions to accelerate innovation and expand globally. Blackstone retains a majority stake while Sphera aims to enhance its sustainability and risk management solutions….
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SBTi releases draft Power Sector Net-Zero Standard for companies. The new standard requires companies to phase out unabated fossil fuel capacity and cease investments in such assets, aiming to align the power sector with net-zero goals by 2050….
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Deutsche Bank updates its Transition Plan to reaffirm climate goals. The bank remains committed to its net-zero targets despite global banking shifts. It highlights initiatives like Divisional Carbon Budgets and risk management integration to achieve sustainability….
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Standard Chartered appoints Roger Charles as Head of Sustainability Initiatives. Based in Singapore, Charles will support the Corporate & Investment Banking team in achieving sustainability goals, following his tenure at DBS Bank and previous experience with Standard Chartered….
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GenZero sets ambitious target for climate impact by 2028. The Temasek-owned platform aims for 7 million tons of CO2e reduction by 2028, leveraging nature-based and technology-driven solutions while enhancing ESG integration across its portfolio….
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Engie North America partners with Prometheus Hyperscale for data centres. The collaboration will see data centres co-located with renewable energy facilities in Texas, aiming to enhance sustainable infrastructure by integrating advanced technologies and 100% renewable energy….
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One Click LCA acquires SimaPro to enhance sustainability solutions. The acquisition aims to provide companies with tools to assess and reduce carbon footprints, complying with regulations such as the EU Construction Products Regulation and the Energy Performance of Buildings Directive….
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Sony sets ambitious targets to reduce greenhouse emissions by 2030. The company plans to cut Scope 1 and 2 emissions by 60% and Scope 3 by 25% as part of its Green Management 2030 strategy, aiming for net zero by 2040….
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IFC and BTG Pactual partner to advance sustainability in Latin America. The collaboration aims for $1 billion in joint investments by 2028, focusing on social and environmental initiatives and nature-based solutions, enhancing economic growth and sustainable development in the region….
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Singapore delays climate reporting requirements for smaller companies. Regulators have deferred the implementation of mandatory climate-related reporting for small and mid-sized companies by up to five years, citing economic uncertainties and feedback indicating a need for more preparation time.