Estonian company Single.Earth has raised millions of dollars to buy forests and wetlands, it said on Friday, aiming to tap into a rapidly growing carbon-offset market and public concern over the amount of logging in the country.
Big U.S. banks are awash with capital, trading like it’s the end of days, and raising abundant capital for their clients. Employees’ pay has held up, and shareholders will soon be the happy recipients of sizeable stock buybacks. But there’s something missing: the lenders aren’t lending.
PepsiCo Inc said on Thursday it aimed to achieve net-zero greenhouse gas emissions across its supply chain by 2040, as consumers and investors increasingly call upon big corporations to play their part in the fight against global warming.
German insurer Allianz said on Thursday that it would cut emissions by 25% for some classes of assets by 2025, a move toward its goal of a climate-neutral investment portfolio by 2050.
Top palm oil producers said on Thursday that the industry is making strides towards transparency and sustainability across its supply chain despite campaigns against use of the oil.
Italian energy group Edison agreed deals on Thursday to buy wind assets and sell a gas distribution grid as part of plans to focus on clean energy.
Business model transformation and decarbonization within the autos sector