Google has announced the launch of its AI for Energy Accelerator in Europe and Israel, aimed at supporting startups focused on transforming the region’s energy systems using artificial intelligence. The 12-week, equity-free program is designed to help early-stage companies harness AI-driven solutions for grid modernization...
L’Oréal Launches €100M Innovation Accelerator for Sustainability in Beauty Industry
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...
Google Targets Superpollutants with Major New Partnerships to Slash Warming Impact
Google is ramping up its climate efforts with two strategic partnerships aimed at eliminating potent superpollutants—hydrofluorocarbons (HFCs) and methane—which are known to have a significant short-term impact on global warming. The initiatives, which will take place in Indonesia and Brazil, are projected to prev...
Capgemini Strengthens ESG Commitments with New Targets for Net Zero, Diversity, and Digital Inclusion
Capgemini has announced an enhanced Environmental, Social, and Governance (ESG) policy, emphasizing its long-term dedication to responsible growth, sustainability, and ethical leadership. The updated policy, which introduces nine key priorities and 14 measurable objectives, builds on the company’s 2021 ESG strategy and rei...
NGFS Unveils Climate Scenarios to Help Financial Institutions Navigate Short-Term Economic Disruptions
The Network for Greening the Financial System (NGFS) has launched its inaugural set of short-term climate scenarios, offering a groundbreaking tool for financial institutions, policymakers, and investors to understand the potential economic and financial disruptions caused by climate shocks through 2030. Developed in partners...
RBC Pulls $500B Climate Pledge Amid Greenwashing Crackdown
Royal Bank of Canada (RBC), the country’s largest lender, has abruptly withdrawn its $500 billion sustainable finance commitment, citing regulatory uncertainty and the growing legal risks tied to greenwashing under Canada’s newly amended Competition Act. The shift, confirmed in RBC’s 2024 Sustainability Report, reflect...