Category: CSR/ECO/ESG

The real estate industry, one of the most influential sectors globally, has long been a significant contributor to environmental degradation, with construction activities consuming vast amounts of natural resources and energy. However, as the urgency to address climate change grows, there is a rising shift toward sustainable and eco-friendly practices in real estate development. Ensuring […]

Oslo, Norway, Dec 6, 2024 – The completion of the world’s first full-scale carbon capture plant at a cement production facility marks a significant breakthrough in efforts to decarbonize heavy industries. Located at Heidelberg Materials’ Brevik plant in Norway, this pioneering facility will capture up to 400,000 metric tons of CO₂ annually, supporting the cement […]

Under the leadership of Fiona Reynolds, the Principles for Responsible Investment (PRI) and the Sustainable Stock Exchanges (SSE) Initiative have achieved remarkable growth, becoming pillars in the world of sustainable finance. Since her tenure began, PRI has expanded significantly, growing from 1,300 signatories representing $59 trillion in assets to over 5,000 signatories managing $120 trillion […]

Brisbane, Calif. – Heirloom, a prominent U.S.-based Direct Air Capture (DAC) company, has successfully raised $150 million in Series B funding to scale its innovative carbon removal technology. The round was co-led by Future Positive and Lowercarbon Capital, with notable participation from high-profile investors, including Japan Airlines, Mitsubishi Corporation (Americas), Mitsui & Co., Ltd., and […]

On December 6, 2024, Qatar marked a significant milestone in its sustainability journey with the official listing of its first green bonds on the London Stock Exchange (LSE). This initiative underscores the nation’s growing commitment to sustainable development and reinforces its active role in the global push for a low-carbon economy. Green Bonds as a […]

BNP Paribas Asset Management (BNPP AM) has introduced its inaugural private equity fund dedicated to accelerating the energy transition in Europe. The BNP Paribas Low Carbon Transition Infrastructure Equity Fund I is set to raise €750 million, with a significant €400 million anchor commitment from BNP Paribas Group, positioning the fund as a key player […]

The International Finance Corporation (IFC), a member of the World Bank Group, has committed up to $35 million in equity and debt financing to establish a pioneering sustainable aviation fuel (SAF) production facility in Sheikhupura, Punjab, marking a significant milestone for both Pakistan and the broader South Asian region. The project, spearheaded by SAFCO Ventures, […]