China is accelerating its transition to clean energy, with renewable sources accounting for a record 39% of the country’s electricity mix in the first quarter of 2025—up from 34% in the same period last year. The shift marks a significant step in the nation’s long-term decarbonization strategy and positions it as a global leader...
GHG Protocol Unites Global Standards to Streamline Climate Reporting
In a significant step toward global harmonization of climate reporting, the Greenhouse Gas (GHG) Protocol has expanded its Independent Standards Board (ISB) to include five of the world’s leading sustainability standard-setters—CDP, EFRAG, GRI, ISSB, and SBTi—as non-voting observers. While these organizati...
SYNE AI-Powered ESG Platform to reduce ESG Compliance Reporting Time by 70%
SYNE, a sustainability technology company with offices in Sydney, Australia, and Bangalore, India, has launched an advanced AI-powered ESG Disclosure Reporting tool that significantly streamlines compliance with global sustainability standards. The tool automates the extraction and generation of ESG reports, reducing reporting t...
New York State Pension Fund Doubles Climate Index Stake, Reaches $26.5B in Green Investments
The New York State Common Retirement Fund has significantly expanded its climate-focused portfolio, adding $2 billion to the FTSE Russell TPI Climate Transition Index Fund, bringing its total investment in the fund to $4 billion. The move is part of a broader strategy to reach $40 billion in green assets...
TDK Ventures Launches $150M Fund 3, Surpasses $500M AUM in Push for Deeptech and Sustainability
TDK Ventures has announced the launch of Fund 3, a $150 million investment vehicle aimed at early-stage deeptech startups, pushing its total assets under management to $500 million. This milestone cements the firm’s position as a global impact investor focused on sustainable innovation and technological transformation....
Federal Halt of Empire Wind Project Puts $40B in Offshore Investments at Risk
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The U.S. offshore wind industry has been dealt a major setback as the federal government abruptly halted construction on Equinor’s $5 billion Empire Wind project, the largest offshore wind development planned for New York City. The move jeopardizes more than $40 billion in offshore wind investments and casts ...