L’Oréal has announced the launch of a €100 million Sustainable Innovation Accelerator, a 5-year program designed to accelerate the development and deployment of cutting-edge sustainability technologies across the beauty industry. This initiative aims to address key environmental challenges and support low-carbon proces...
Governor Hochul Unveils $1 Billion Sustainable Future Program for New York
Governor Kathy Hochul has announced a landmark $1 billion investment in New York’s future as part of the state’s FY 2026 Enacted Budget, marking the most ambitious climate, environmental, and agricultural agenda in the state’s history. The Sustainable Future Program, a central component of the budget, aims to transform New...
Chancellor Merz Urges EU to Cancel Corporate Sustainability Due Diligence Directive
German Chancellor Friedrich Merz has called for the full cancellation of the European Union’s Corporate Sustainability Due Diligence Directive (CSDDD), signaling a potential shift in Europe’s approach to environmental, social, and governance (ESG) regulation. In a statement made during his first official visit to Bru...
IFC Injects $100M to Electrify Mexico’s Fleets: “An Enduring Legacy of Sustainable and Positive Impacts”
The International Finance Corporation (IFC) has announced a $100 million investment in Element Fleet Management Corporation to accelerate the electrification of commercial vehicle fleets across Mexico, as part of a broader $600 million climate-aligned finance package. This move is designed to direct...
ICE Expands Global Climate Risk Platform for Enhanced Asset-Level Analysis
Intercontinental Exchange (ICE) has expanded its geospatial analytics platform with the launch of the ICE Global Climate Risk Solution, providing institutional investors with advanced, scenario-aligned climate risk data to inform investment and regulatory decisions. The platform now covers over 20,000 corporates and sovereign...
AIIB and NIB Forge Partnership to Accelerate Low-Carbon Infrastructure Investment
In:
Green Finance
The Asian Infrastructure Investment Bank (AIIB) and the Nordic Investment Bank (NIB) have entered a strategic partnership aimed at scaling sustainable infrastructure investments globally. The memorandum of understanding (MoU), signed by AIIB President Jin Liqun and NIB President and CEO André Küüsvek, marks a significant collabo...