Barclays partners with UNDO for carbon removal initiative. Barclays has signed its first carbon removal agreement with UNDO to eliminate over 6,500 tonnes of CO2. This collaboration employs enhanced rock weathering technology to accelerate CO2 removal, contributing to Barclays’ net-zero goals….

EU climate goals progress despite risks to competitiveness. The EU has reduced greenhouse gas emissions significantly since 1990, achieving a 37% reduction while facing growing competitive risks from climate change and environmental degradation, according to the European Environment Agency’s latest report….

Microsoft invests in green cement maker Fortera to reduce emissions. Cement production significantly contributes to global emissions. Microsoft’s investment in Fortera supports its sustainable materials strategy, targeting the carbon footprint of its datacenters while helping advance low-carbon building materials….

The SBTi Academy aims to improve climate target-setting skills. The Science Based Targets initiative launched a new platform and certification to enhance professionals’ abilities to set and implement science-based climate targets, addressing the growing demand for sustainability skills globally….

Norges Bank commits $1.5 billion to Brookfield energy fund. Norges Bank Investment Management has partnered with Brookfield Asset Management, investing in the Brookfield Global Transition Fund II to support renewable energy projects and advance the transition to low-carbon solutions globally….

KKR to acquire a 50% stake in solar assets. KKR has agreed to purchase a 50% stake in a solar energy portfolio from TotalEnergies, valued at $1.25 billion. The portfolio includes large-scale solar projects and smaller sites primarily in the U.S….

Companies face increased pressure for sustainability reporting despite regulatory shifts. A PwC survey reveals most businesses are enhancing their sustainability reporting capabilities, driven by stakeholder demands, even as some regulators ease mandatory requirements….

Apple launches a sustainable forest project in California. The initiative, in partnership with The Conservation Fund, aims to restore and manage the Gualala River Forest while generating carbon credits, supporting Apple’s goal to be carbon neutral by 2030….

IBM introduces new tool to integrate GHG calculations into data. The IBM Envizi Emissions API aims to assist organisations in embedding greenhouse gas calculations within current or developing data tools, enhancing sustainability management and decision-making processes….

Monetary Authority of Singapore appoints first dedicated Chief Sustainability Officer. Abigail Ng succeeds Gillian Tan, who led initiatives such as the Finance for Net Zero Action Plan. Ng has been with MAS for nearly 20 years, recently heading the Markets Policy & Consumer Department….