Mark Segal

The U.S. Federal Reserve announced on Friday that it has withdraw from the Network of Central Banks and Supervisors for Greening the Financial System (NGFS), a global coalition of central banks aimed at working together on climate and green finance issues. The exit comes in the immediate leadup to the Presidential inauguration of Donald Trump, […]

A group of major European companies, investors and industry associations published a letter to European Commission leaders, expressing concerns that the upcoming “Omnibus” package combining the EU's key new sustainability reporting and due diligence laws could end up weakening the new rules, undermining business certainty and investment.

Amazon announced that it was the largest corporate purchaser of renewable energy globally in 2024, citing Bloomberg NEF data, and marking the company’s fifth consecutive year in that position. The company said that it has now supported more than 600 wind and solar projects, up from around 500 in the prior year, with the projects […]

Tech giant IBM and global beauty company L'Oréal announced the launch of a new collaboration aimed at leveraging generative artificial intelligence (GenAI) technology to advance the creation of cosmetics using more sustainable materials and reduced energy and materials waste.

Energy management software provider ecoplanet announced that it has raised €16 million in a Series A funding round, with proceeds aimed at supporting the expansion of its AI-powered energy orchestration solution across Europe to help companies drive energy efficiency and manage the complexities of the energy transition.

In a highly anticipated move, newly inaugurated President Donald Trump confirmed plans to withdraw the U.S. from the Paris Agreement, as part of a new policy described by the White House as aimed at “ending Biden’s policies of climate extremism.” The move would mark the second time that President Trump pulled the U.S. out of […]

The government of Germany is pushing for significant changes to the implementation timeline and reporting requirements of the European Commission’s Corporate Sustainability Reporting Directive (CSRD), including pushing back sustainability reporting obligations for smaller companies by 2 years, and eliminating sector-specific reporting requirements. The proposed changes were recently outlined in a leaked letter signed by senior […]

Alternative asset and private equity investor KKR announced today an agreement to acquire UK-based asset leasing business, with the transaction aimed at supporting the company’s growth and its strategy to help businesses transition their fleets to net zero. The acquisition will be made as part of KKR’s Global Climate strategy. KKR launched the strategy in […]

If you watched Donald Trump's inauguration on Monday, you saw a bleak vision of America. But there's work you can do to help.

The Science Based Targets initiative (SBTi), one of the key organizations focused on aligning corporate environmental sustainability action with the global goals of limiting climate change, announced a key milestone, reaching more than 10,000 businesses that have set science-based emissions reduction targets, or made commitments to do so. The achievement marks significant growth for the organization, […]