Heidelberg Materials has launched a Green Finance Framework to fund sustainable projects and support its decarbonization initiatives. This framework is aligned with current best market practices and standards, enabling the company to issue Green Bonds to finance or refinance assets and capital expenditures that meet specified eligibility criteria. The initiative aims to increase the share…

Ørsted has signed a landmark deal with Microsoft to sell an additional one million tonnes of carbon removal over a ten-year period from its Avedøre Power Station, part of the Ørsted Kalundborg CO2 Hub project. This new agreement builds on Microsoft's existing commitment to buy 2.67 million tonnes from Ørsted’s Asnæs Power Station, bringing the…

Honda Motor Co. has announced a substantial $65 billion investment over the next ten years to boost its electric vehicle (EV) capabilities. This initiative aims to introduce seven new electric models globally by 2030 and build a robust supply chain for EV batteries, including partnerships with LG Energy Solution and GS Yuasa. CEO Toshihiro Mibe…

Holcim has launched its state-of-the-art GO4ZERO plant in Obourg, Belgium, aiming to produce 2 million tons of net-zero cement annually by 2029. The €500 million project, celebrated in a groundbreaking ceremony attended by Belgian Prime Minister Alexander De Croo and European Commissioner for Climate Action Wopke Hoekstra, represents a significant step in advancing Europe's decarbonization…

Google has initiated its first offsite heat recovery project in partnership with Haminan Energia, aimed at providing sustainable heat to the local community in Hamina, Finland. This innovative project will capture heat generated by Google's Hamina data center, which operates with 97% carbon-free energy, and redirect it to meet 80% of the annual heat demand…

The European Investment Bank (EIB) and Deutsche Bank have launched a new mortgage program aimed at promoting climate-friendly housing and energy-efficient home renovations in Germany. The program will offer over €600 million in discounted mortgages to individuals building new eco-friendly homes or upgrading their existing homes to improve energy efficiency. Supported by a €150 million…

Google has announced the formation of Symbiosis, a coalition with Meta, Microsoft, and Salesforce aimed at enhancing the effectiveness of nature-based carbon removal projects. This multi-company effort seeks to leverage the latest scientific advancements to scale high-quality carbon removal solutions, such as reforestation and mangrove restoration. Symbiosis addresses the complexities of measuring and verifying the…

Boston Consulting Group (BCG) has entered into an agreement with Twelve, a carbon transformation company, to purchase sustainable aviation fuel certificates (SAFc) from 2026 to 2029. This partnership aims to reduce BCG's emissions by over 4,000 metric tons of CO2 and supports its goal of achieving net-zero climate impact by 2030. As part of the…

Border to Coast Pensions Partnership has significantly boosted its private markets program to £16 billion, following additional commitments from LGPS Partner Funds. The recent £3.6 billion commitment includes £1.2 billion for the second Climate Opportunities fund, aimed at investments that support global decarbonization efforts. This new funding builds on the £1.4 billion already invested through…

Sport England has launched its first Sustainability Strategy, "Every Move," which mandates that all major sports organizations in England develop comprehensive sustainability plans by 2027 to qualify for funding. The strategy includes a £45 million investment to address climate change's impact on physical activity, with Sport England chair Chris Boardman stressing the need for actionable…

A recent Deloitte survey reveals that nearly half of Gen Z and millennials have rejected employers due to climate concerns, highlighting the growing importance of environmental values in career choices. The 2024 survey, engaging nearly 23,000 respondents across 44 countries, shows that these generations prioritize job satisfaction, purpose, and sustainability. With the cost of living…

Mars, Inc. has announced a $47 million investment over three years to reduce emissions in its dairy supply chain as part of its broader $1 billion climate commitment. The "Moo’ving Dairy Forward" plan aims to cut greenhouse gas emissions by 50% by 2030 and achieve net zero by 2050. A key component is the Mars-FrieslandCampina…