Category: CSR/ECO/ESG

Image by DC Studio on Freepik Stellantis, a global automotive leader, and Contemporary Amperex Technology Co. Limited (CATL), a top supplier of lithium-ion batteries, have announced a groundbreaking investment of €4.1 billion to build a cutting-edge lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. This strategic collaboration, expected to commence production by late 2026, […]

In a strategic move to bolster the transition to clean energy, Microsoft and Acadia Infrastructure Capital have launched the Climate and Communities Investment Coalition (CCIC). This ambitious partnership seeks to deploy a remarkable $9 billion in renewable energy projects across the United States, marking a significant milestone in the global push towards a more sustainable […]

Google has entered a pioneering partnership with clean energy company Intersect Power and climate investment firm TPG Rise Climate to address the growing energy demands of artificial intelligence (AI). The collaboration, valued at $20 billion, marks a strategic shift in how data centers are powered, introducing a “power-first” approach that aims to co-locate clean energy […]

Equinor, BP, and TotalEnergies have approved a significant £4 billion investment in the UK’s carbon capture and storage (CCS) infrastructure, a crucial step toward decarbonizing the country’s industrial regions. This partnership, focusing on two groundbreaking projects—Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT Power)—will play a pivotal role in meeting the UK’s ambitious […]

Norway, known for its vast oil and natural gas reserves, is rapidly transitioning from petrol to electric vehicles (EVs), setting a global benchmark for sustainable transportation. The country, despite being one of the world’s largest exporters of fossil fuels, is on track to phase out the sale of petrol cars entirely. As of October 2024, […]

The H&M Foundation is calling for the global textile industry to urgently adopt circular economy principles, including recycling, reuse, and slow fashion, to mitigate its substantial environmental footprint. The call comes in response to the Circularity Gap Report Textiles, a comprehensive study funded by the foundation and produced by Circle Economy. This report underscores the […]

In a bold move towards reinforcing its leadership in sustainable finance, German development bank KfW has announced plans to issue €10 billion in green bonds in 2025, as part of a broader capital market funding strategy aimed at raising between €65 billion and €70 billion. This initiative is part of a decade-long commitment to green […]

Switzerland is making notable strides in its quest to achieve net-zero emissions by 2050, with a 24% reduction in emissions since 1990, despite economic growth. A new UBS white paper, “Downhill Climb,” presented at the 2024 Building Bridges Conference, outlines the ongoing challenges and opportunities facing the country’s transition to a sustainable, low-carbon economy. The […]