Category: CSR/ECO/ESG

The U.S. Department of Energy (DOE) has awarded Montana Renewables, LLC (MRL) a $1.67 billion loan guarantee to expand its biofuel production facility in Great Falls, Montana. The expansion will significantly increase the production of sustainable aviation fuel (SAF), renewable diesel, and renewable naphtha, aligning with the Biden administration’s push for cleaner energy solutions and […]

The European Union has introduced an updated Construction Products Regulation designed to enhance sustainability, increase transparency, and foster innovation within the construction sector. Replacing the previous 2011 rules, the new regulations aim to modernize the industry and strengthen its competitiveness across the EU Single Market. Key Features of the New Regulation A central component of […]

The Climate Investment Funds (CIF) has successfully raised $500 million through the debut bond issuance of its Capital Markets Mechanism (CCMM), marking a significant milestone in the global push for clean energy. The bond drew exceptional demand, with investor interest surpassing $3 billion, more than six times the value of the offering. Bond Details and […]

The responsAbility Asia Climate Fund has surpassed $350 million in commitments during its third closing, with more than 50% of this funding coming from private sector investors. This achievement positions the fund well on its way to reaching its $500 million target by 2025, reinforcing its role in addressing climate challenges in Asia. Key Developments […]

E.ON, a leader in Europe’s energy transition, has successfully raised €1.75 billion through the issuance of two bond tranches, effectively securing the majority of its 2025 funding needs early in the year. This move strengthens the company’s financial position as it continues to drive sustainable energy initiatives. Details of the Bond Issuance: The green bond […]

A new report from S&P Global forecasts a major shift in global energy investments, with the clean technology sector set to surpass fossil fuels by 2025. This transition is driven by the growing urgency to address climate change and reduce CO2 emissions, following the goals set by the 2015 Paris Agreement. The report anticipates a […]

Schroders has secured a significant sustainable investment mandate worth £5.2 billion ($6.3 billion) from UK wealth management firm St. James’s Place (SJP), marking a strong endorsement of Schroders’ expertise in sustainable, active investment management. Strategic Allocation and Fund Details: The mandate will be allocated to SJP’s Sustainable & Responsible Equity (SRE) fund, which will invest […]

The U.S. Department of the Treasury, alongside the Internal Revenue Service (IRS), has announced a $6 billion allocation in tax credits through the second round of the § 48C Qualifying Advanced Energy Project Tax Credit Program. This is part of the final phase of the $10 billion funding provision under the Inflation Reduction Act (IRA), […]