Amazon has introduced a carbon credit service through its Sustainability Exchange platform, offering companies access to high-integrity, science-based carbon credits. The new initiative is designed to help suppliers, business customers, and Climate Pledge signatories complement...
Mercedes-Benz has taken a major step in decarbonizing its logistics operations by completing the largest single-volume purchase of Sustainable Aviation Fuel (SAF) in the automotive sector. The deal, made through logistics partner DB Schenker, involves...
Tata Power Renewable Energy Ltd (TPREL) is exploring a major renewable energy expansion in Andhra Pradesh, with plans to develop 7 gigawatts (GW) of solar, wind, and hybrid projects. The initiative, representing a potential investment...
The European Commission has announced an extension for automakers to comply with CO2 emissions targets, shifting the compliance window from one year to three. The move, aimed at providing manufacturers with more flexibility, allows companies...
The rapid expansion of artificial intelligence (AI) has presented significant challenges for Microsoft in achieving its ambitious sustainability targets, including its goal to become carbon negative by 2030. Chief Sustainability Officer Melanie Nakagawa acknowledged that...
BYD Energy Storage and Saudi Electricity Company (SEC) have signed the world’s largest grid-scale battery energy storage contract, totaling 12.5GWh. This agreement builds on their prior collaboration, which included a 2.6GWh project, bringing their combined...
Acting U.S. Securities and Exchange Commission (SEC) Chairman Mark Uyeda announced today that he would request a postponement of legal proceedings against the SEC’s new climate disclosure rule, citing concerns that the rule is “deeply...
Microsoft has signed a 25-year agreement with Chestnut Carbon to purchase more than 7 million tons of high-quality carbon removal credits. This represents one of the largest nature-based carbon offtake deals in the U.S. and...
Moody’s Ratings has projected global issuance of labeled sustainable bonds to remain steady at approximately $1 trillion in 2025. This marks the fifth consecutive year at this level, as political headwinds from the new U.S....
The Science Based Targets initiative (SBTi) has announced a significant milestone, with over 10,000 businesses now setting science-based emissions reduction targets or committing to do so. This represents a 29% increase from the 7,425 companies...
