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News

ESG News
esgnews.com > iberdrola-advances-labraza-wind-farm-with-33-eib-loan

Iberdrola Advances Labraza Wind Farm With $33 EIB Loan

7+ hour, 2+ min ago   (577+ words) Iberdrola España and the Basque Energy Agency have secured €29 million in green financing from the European Investment Bank for the Labraza wind farm in Álava. The financing supports one of the Basque Country’s most closely watched renewable energy projects. Labraza…...

ESG News
esgnews.com > rspo-links-palm-oil-certification-to-ifrs-reporting

RSPO Links Palm Oil Certification to IFRS Reporting

8+ hour, 13+ min ago   (388+ words) The Roundtable on Sustainable Palm Oil has introduced new guidance to help palm oil producers connect certification practices with emerging global sustainability reporting requirements. The document, “Leveraging RSPO Principles and Criteria for IFRS Sustainability Disclosure Standards,” focuses on IFRS S1 and…...

ESG News
esgnews.com > masdar-epcg-advance-2gw-montenegro-energy-plan

Masdar, EPCG Advance 2GW Montenegro Energy Plan

7+ hour, 15+ min ago   (448+ words) Masdar and Montenegro’s national power utility EPCG are moving their planned 2GW renewable energy partnership into project execution. The companies signed joint development agreements covering 150MW of solar capacity. They also agreed to explore more than 400MW of pumped hydro energy storage. The…...

ESG News
esgnews.com > bureau-veritas-nzcbs-launch-uk-net-zero-verification

Bureau Veritas, NZCBS Launch UK Net Zero Verification

8+ hour ago   (409+ words) The UK built environment has gained a new verification framework for assessing whether buildings are genuinely aligned with national net zero goals. Bureau Veritas and Net Zero Carbon Buildings Standard Limited have opened verification under the UK Net Zero Carbon…...

ESG News
esgnews.com > meta-exits-re100-as-gas-powers-data-center-growth

Meta Exits RE100 as Gas Powers Data Center Growth

7+ hour, 51+ min ago   (677+ words) Meta has withdrawn from the RE100 renewable electricity initiative as its accelerating data center expansion drives new investment in natural gas generation. The move removes one of the world’s largest technology companies from a corporate coalition built around sourcing electricity from…...

ESG News
esgnews.com > dhl-express-moeve-sign-madrid-saf-offtake-deal

DHL Express, Moeve Sign Madrid SAF Offtake Deal

7+ hour, 42+ min ago   (504+ words) DHL Express has signed a one-year sustainable aviation fuel offtake agreement with Moeve covering operations at Adolfo Suárez Madrid-Barajas Airport. The logistics group will purchase approximately 2 million U.S. gallons, or around 6,000 metric tons, of SAF. Deliveries will run from…...

ESG News
esgnews.com > dhl-backs-sbti-book-and-claim-rules-for-transport

DHL Backs SBTi Book-and-Claim Rules for Transport

1+ day, 7+ hour ago   (562+ words) DHL Group has welcomed new guidance from the Science Based Targets initiative that strengthens the role of book-and-claim systems in corporate transport decarbonisation. Version 2.0 of the SBTi Corporate Net-Zero Standard introduces book and claim as a credible mechanism for reducing…...

ESG News
esgnews.com > pcg-global-raises-capital-for-clean-energy-expansion

PCG Global Raises Capital for Clean Energy Expansion

1+ day, 7+ hour ago   (560+ words) Clean energy platform PCG Global has secured tens of millions of dollars to expand its renewable energy infrastructure business across several high-growth international markets. The pre-Series A financing round was led by GenZero, the decarbonisation investment platform wholly owned by…...

ESG News
esgnews.com > efrag-drafts-new-esg-rules-for-non-eu-groups

EFRAG Drafts New ESG Rules for Non-EU Groups

1+ day, 8+ hour ago   (619+ words) EFRAG has released proposed sustainability reporting standards for large non-EU groups with significant business in the European Union. The ESRS-40a Exposure Draft forms the final reporting component of the Corporate Sustainability Reporting Directive. It is now open for a 100-day…...

ESG News
esgnews.com > virgin-australia-secures-410m-green-aircraft-loan

Virgin Australia Secures $410M Green Aircraft Loan

1+ day, 7+ hour ago   (585+ words) Four aircraft have already been delivered through the facility. The remaining aircraft are expected to arrive by September. The transaction links the cost and terms of the financing to Virgin Australia’s progress against predefined Sustainability Performance Targets. Those targets focus…...