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705 articles · Page 52 of 59
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COP16: Colombia Hosts Pivotal Summit on Global Biodiversity
Colombia hosts COP16 in Cali, focusing on global biodiversity. The summit aims for inclusivity, engaging leaders and communities to address wildlife decline and promote conservation efforts.
21 October 2024by Sourav Das
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Bloomberg Introduces New Tool for Evaluating Biodiversity and Nature Risks
Bloomberg has launched a new tool to help investors assess nature and biodiversity risks, aligning with TNFD recommendations, while covering 45,000 companies and providing critical insights on environmental impact.
17 October 2024by Sourav Das
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JPMorgan Chase and Capital One Invest $260 Million in Arizona Solar Initiative
JPMorgan Chase and Capital One have pledged $260 million for BrightNight's Box Canyon solar project in Arizona, boosting renewable energy capacity and access to production tax credits.
17 October 2024by Sourav Das
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Uber Unveils AI Assistant to Help Drivers Transition to Electric Vehicles
Uber has introduced an AI assistant to support drivers transitioning to electric vehicles, providing answers on EV benefits and logistics, alongside an $800 million commitment to promote sustainable transport.
15 October 2024by Sourav Das
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NITI Aayog Launches Study to Evaluate Shift to Renewable Energy Sources
NITI Aayog has launched a framework for India’s 'just transition' from coal to renewable energy, aiming for equity and sustainability as the country targets 500 GW of non-fossil power by 2030.
15 October 2024by Sourav Das
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New Fund Launched to Improve Chemicals and Waste Management in Developing Economies
The Global Framework on Chemicals has launched its first funding call to support sustainable management projects in vulnerable countries, offering grants of $300,000 to $800,000 over three years.
15 October 2024by Sourav Das
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Amazon Unveils Three Climate Fund Investments for E-Waste Recycling and Sustainable Construction
Amazon's Climate Pledge Fund has invested in Molg, 14Trees, and Paebbl to support e-waste recycling, low-carbon construction, and carbon storage, all aimed at achieving net-zero emissions by 2040.
14 October 2024by Sourav Das
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Anaphite Secures $13.7M to Advance Sustainable EV Battery Manufacturing
UK-based startup Anaphite raised $13.7 million in Series A funding to scale its innovative solution aimed at reducing the cost and carbon footprint of EV battery production. Founded in 2018, Anaphite’s unique dry-process technology eliminates the need for energy-intensive drying ovens, cutting energy use by 90%, manufacturing costs by 40%, and carbon emissions by 30%. The funds will support scaling production, expanding dry coating capabilities, and boosting R&D. Backed by investors such as World Fund and Maniv, Anaphite aims to revolutionize the EV battery supply chain with its sustainable approach.
06 October 2024by Sourav Das
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GeoPura Secures £22 Million to Expand Green Hydrogen Power Fleet
GeoPura has secured £22 million in its first debt financing round, advancing its goal to deploy over 3,600 hydrogen power units (HPUs) by 2033. The company, founded in 2019, uses renewable energy to produce hydrogen fuel, which powers HPUs for temporary sites and off-grid electricity needs. GeoPura’s HPUs, developed with Siemens Energy, aim to displace 10 million tons of CO2 emissions during their lifetime. The funding, sourced from institutions like HSBC and BNP Paribas, supports the company’s broader mission of delivering clean, cost-effective power while contributing to the UK’s net-zero targets.
06 October 2024by Sourav Das
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Watts Water Technologies Among “America’s Greenest Companies 2025"
Watts Water Technologies, Inc., a global leader in plumbing, heating, and water quality solutions, has been named one of America’s Greenest Companies for 2025 by Newsweek. Recognized among the top 300 U.S. companies for environmental sustainability, Watts earned its place through its efforts to reduce greenhouse gas emissions, water consumption, and waste generation, while maintaining transparency in its sustainability practices. The rankings were based on over 25 parameters, derived from the strict European Union sustainability standards. Watts has a legacy of over 150 years of innovation aimed at improving water safety and energy efficiency. CEO Robert J. Pagano, Jr. highlighted the company’s commitment to environmental stewardship both within their operations and through customer support, ensuring a positive environmental impact. Watts’ comprehensive Environmental, Social, and Governance (ESG) initiatives are detailed in their 2023 Sustainability Report, reflecting their continuous efforts to combat climate change and preserve water resources for future generations.
04 October 2024by Sourav Das
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The Rise of Greenhushing: Why Companies Stay Silent on Sustainability
Greenhushing is when companies deliberately withhold information about their sustainability efforts, even if they have achieved carbon neutrality or made significant environmental progress. This trend is driven by fear of legal repercussions, consumer misconceptions about green products, and concerns about public scrutiny or greenwashing accusations. While these companies take meaningful actions toward sustainability, they choose not to advertise them, often to avoid negative perceptions or backlash. Greenhushing is increasing across industries, potentially slowing the spread of environmental solutions and reducing the visibility of corporate climate action.
02 October 2024by Sourav Das
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Italy Investigates Shein for Alleged Greenwashing in Environmental Claims
The Italian Competition Authority has launched an investigation into online fashion retailer Shein’s operator, Infinite Styles Services Co, for possibly misleading environmental claims. The investigation centers around claims made in sections of Shein’s website, such as “#SHEINTHEKNOW,” “evoluSHEIN,” and “Social Responsibility,” which allegedly convey a false image of sustainability through vague or confusing statements on circularity, product quality, and responsible consumption. This inquiry is part of broader efforts by EU regulators to tackle greenwashing and ensure companies substantiate environmental claims. The European Commission has already introduced regulations, such as the Green Claims Directive, to address transparency issues in sustainability advertising. The fashion sector, known for its significant environmental footprint, is a key focus of these efforts. Shein has set emission reduction goals, but the Italian regulator noted inconsistencies between these targets and the company’s actual practices. Shein expressed its willingness to cooperate with authorities.
30 September 2024by Sourav Das
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