Finance, Markets & Investing News | ESG & Sustainability | OneStop ESG
659 articles · Page 50 of 55
Andhra Pradesh Unveils AP Integrated Clean Energy (ICE) Policy, Targets Rs 10 Lakh Crore Investment
Andhra Pradesh launches the AP Integrated Clean Energy Policy, targeting Rs 10 lakh crore in investments for renewable energy by 2047, aiming for net zero emissions and creating 7,50,000 jobs.
18 October 2024by Sourav Das
Read More →
IBM Expands Renewable Energy Capabilities with Indian SaaS Startup Prescinto Acquisition
IBM has acquired Prescinto to enhance its renewable energy asset management capabilities, integrating AI-driven tools into its Maximo suite to support sustainable practices across industries.
18 October 2024by Sourav Das
Read More →
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
Read More →.jpg%3Falt%3Dmedia%26token%3D100ab12a-5efb-486a-a362-b159d5060079&w=3840&q=75)
ESG Book and Zfolio Join Forces to Enhance Financed Emissions Calculation
ESG Book has partnered with Zfolio to streamline financed emissions calculations for financial institutions. This collaboration combines ESG Book’s extensive sustainability data with Zfolio’s platform, enhancing automation and accuracy in emissions assessments.
15 October 2024by Sourav Das
Read More →
Saudi Arabia’s Public Investment Fund Invests $19.4 Billion in Green Projects
Saudi Arabia's Public Investment Fund has committed $19.4 billion to green projects, aiming to enhance sustainability and align with global goals while reshaping the nation's economy.
15 October 2024by Sourav Das
Read More →
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
Read More →.png%3Falt%3Dmedia%26token%3D746ffd52-dc08-4212-8a6f-efd61f815273&w=3840&q=75)
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
Read More →
Mizuho Partners with UNDP to Boost Sustainable Development Initiatives in Asia
Mizuho Financial Group has partnered with the UNDP to enhance sustainable development in Asia, focusing on climate action, poverty reduction, and promoting the UN's Sustainable Development Goals.
14 October 2024by Sourav Das
Read More →
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
Read More →
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
Read More →
Asda Links Supplier Financing Rates to Decarbonization and ESG Performance
Asda has launched a new sustainability-linked supply chain finance program in partnership with HSBC UK, incentivizing suppliers to adopt sustainable practices. Starting in 2025, the program will offer more than 250 suppliers enhanced financing rates based on their ESG performance, including data disclosure, target-setting, and decarbonization efforts. Suppliers performing well against key performance indicators (KPIs), assessed by EcoVadis, will benefit from preferential terms. The initiative aligns with Asda's commitment to reducing Scope 3 emissions, which account for 98% of its carbon footprint, while also encouraging transparency and improved ESG practices in its global supply chain.
04 October 2024by Sourav Das
Read More →
Morgan Stanley Raises $750 Million for Climate-Focused Private Equity Fund
Morgan Stanley Investment Management (MSIM) has closed its 1GT climate solutions private equity fund, raising $750 million. Launched in November 2022, the fund targets decarbonization by supporting companies focused on reducing global carbon emissions. Its goal is to eliminate 1 gigaton of CO2 emissions by 2050, with investments in sectors like mobility, power, agriculture, and the circular economy. 1GT is classified as Article 9 under the EU’s SFDR regulation, and half of the team’s compensation is tied to achieving its emissions reduction target. The fund aims to deliver both financial returns and measurable climate impact.
02 October 2024by Sourav Das
Read More →